Union Bank And Trust Company Mortgage Rates, Fees & Info

Lincoln, NE

LEI: R6KJ2D7C3UT8OVTWHS39

Tax ID: 47-0321480

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Union Bank And Trust Company is a smaller bank specializing in Home Purchase loans. Union Bank And Trust Company has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Lincoln, Omaha, Des Moines, Kansas City, and Columbus among others. We have data for 38 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Union Bank And Trust Company has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Union Bank And Trust Company is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.70% 11/17/24
    30 Year Conventional Purchase 6.37% 11/17/24
    30 Year Conventional Refi 6.29% 11/17/24
    30 Year Cash-out Refi 6.48% 11/17/24
    30 Year FHA Purchase 7.33% 11/17/24
    30 Year VA Purchase 6.40% 11/17/24
    15 Year Conventional Purchase 5.79% 11/17/24
    15 Year Conventional Refi 5.90% 11/17/24
    15 Year Cash-out Refi 5.90% 11/17/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Union Bank And Trust Company Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Union Bank And Trust Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,729

    Origination Dollar Volume (All Markets)

    $423,905,000
    Show all (5) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    LINCOLN, NE (FHA|USDA|VA) 957 $192,925,000 $201,594 $2,277 4.53%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 370 $84,230,000 $227,649 $2,438 4.60%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 3 $43,895,000 $14,631,667 $2,930 4.50%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 74 $27,870,000 $376,622 $2,004 4.77%
    Outside of Metro Areas 207 $22,985,000 $111,039 $2,250 4.48%
    Columbus, NE (FHA|USDA|VA) 6 $15,280,000 $2,546,667 $2,816 4.66%
    Fremont, NE (FHA|USDA|VA) 8 $12,380,000 $1,547,500 $1,800 4.18%
    GRAND ISLAND, NE (FHA|USDA|VA) 42 $5,300,000 $126,190 $1,979 4.42%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $3,140,000 $1,570,000 $363 6.00%
    Beatrice, NE (FHA|USDA|VA) 15 $2,455,000 $163,667 $2,300 4.49%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $1,655,000 $1,655,000 $5,543 4.75%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $1,555,000 $518,333 $2,584 3.54%
    LAWRENCE, KS (FHA|USDA|VA) 2 $1,420,000 $710,000 $3,684 5.44%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $870,000 $435,000 $0 5.63%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $805,000 $805,000 $0 3.88%
    Norfolk, NE (FHA|USDA|VA) 3 $705,000 $235,000 $1,359 4.60%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $575,000 $575,000 $0 3.99%
    Lexington, NE (FHA|USDA|VA) 2 $530,000 $265,000 $1,958 6.25%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $510,000 $255,000 $0 4.00%
    Kearney, NE (FHA|USDA|VA) 3 $465,000 $155,000 $3,694 4.75%
    MUSKEGON, MI (FHA|USDA|VA) 1 $405,000 $405,000 $0 3.99%
    North Platte, NE (FHA|USDA|VA) 4 $400,000 $100,000 $1,700 4.47%
    TUCSON, AZ (FHA|USDA|VA) 2 $390,000 $195,000 $3,785 2.94%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $355,000 $355,000 $0 3.63%
    Steamboat Springs, CO (FHA|USDA|VA) 1 $355,000 $355,000 $3,128 5.50%
    Fergus Falls, MN (FHA|USDA|VA) 1 $315,000 $315,000 $3,540 5.00%
    SIOUX FALLS, SD (FHA|USDA|VA) 1 $305,000 $305,000 $2,528 4.50%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $265,000 $265,000 $0 4.85%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $265,000 $265,000 $0 6.24%
    Yankton, SD (FHA|USDA|VA) 1 $215,000 $215,000 $3,002 3.88%
    Willmar, MN (FHA|USDA|VA) 1 $195,000 $195,000 $0 3.99%
    Hastings, NE (FHA|USDA|VA) 2 $190,000 $95,000 $0 4.32%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.25%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $165,000 $165,000 $2,620 5.63%
    FAYETTEVILLE, NC (FHA|USDA|VA) 3 $135,000 $45,000 $0 6.15%
    MANHATTAN, KS (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.75%
    Scottsbluff, NE (FHA|USDA|VA) 1 $95,000 $95,000 $0 3.63%
    AMES, IA (FHA|USDA|VA) 1 $25,000 $25,000 $400 5.00%
    Union Bank And Trust Company's top markets include Lincoln, Omaha, Des Moines, Kansas City, and Columbus among others.

    Their top states include:
  • Nebraska (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Union Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Home Federal Savings & Loan Association of Grand Island
    Similarity Rank: 66
    U.S. HOME MORTGAGE, INC.
    Similarity Rank: 91
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 175
    METRO CU
    Similarity Rank: 176
    CENTRIS FEDERAL CREDIT UNION
    Similarity Rank: 279
    Cobalt Credit Union
    Similarity Rank: 330
    FRONTIER COMMUNITY CREDIT UNION
    Similarity Rank: 354
    First State Bank
    Similarity Rank: 720
    First Nebraska Bank
    Similarity Rank: 836
    Five Points Bank
    Similarity Rank: 864

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,056 $351,720,000 $333,068 $2,103 4.73%
    HELOC 637 $64,595,000 $101,405 n/a 4.23%
    FHA 28 $5,690,000 $203,214 $6,560 5.02%
    VA 8 $1,900,000 $237,500 $8,891 5.02%

    For 2022, Union Bank And Trust Company's most frequently originated type of loan was Conventional, with 1,056 originations. Their 2nd most popular type was HELOC, with 637 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 824 $291,500,000 $353,762 $2,661 4.84%
    Home Improvement 358 $28,340,000 $79,162 $615 4.38%
    Refi 238 $62,900,000 $264,286 $1,452 4.07%
    Other 207 $19,925,000 $96,256 $558 4.49%
    Cash Out Refi 102 $21,240,000 $208,235 $2,257 4.05%

    For 2022, Union Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 824 originations. The 2nd most popular reason was Home Improvement, with 358 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 723 $175,875,000 $243,257 $2,703 4.84%
    10 Year 610 $60,210,000 $98,705 $359 4.04%
    Other 141 $72,085,000 $511,241 $626 5.33%
    5 Year 121 $80,275,000 $663,430 $301 4.99%
    15 Year 77 $16,785,000 $217,987 $2,277 3.30%
    1 Year 32 $6,390,000 $199,688 $1,604 5.55%
    3 Year 18 $10,020,000 $556,667 $0 5.11%
    20 Year 7 $2,265,000 $323,571 $2,218 3.29%

    For 2022, Union Bank And Trust Company's most frequently cited loan duration was 30 Year, with 723 originations. The 2nd most popular length was 10 Year, with 610 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 768 $165,960,000 $216,094
    $1k-2k 127 $33,665,000 $265,079
    $2k-3k 14 $6,030,000 $430,714
    $3k-4k 11 $4,315,000 $392,273
    $5k+ 5 $1,955,000 $391,000
    $4k-5k 3 $1,395,000 $465,000

    Union Bank And Trust Company's average total fees were $2,703, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 768 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 814 $184,340,000 $226,462
    5-6% 373 $88,015,000 $235,965
    4-5% 295 $108,815,000 $368,864
    6-7% 143 $25,955,000 $181,503
    <2.5% 42 $5,160,000 $122,857
    2.5-3% 36 $7,840,000 $217,778
    7-8% 23 $3,685,000 $160,217
    Over 8% 3 $95,000 $31,667

    During 2022, Union Bank And Trust Company's average interest rate for loans was 4.84%, while their most frequently originated rate bucket for loans was 3-4%, with 814 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 623 $28,225,000 $45,305 $865 4.34%
    $100k-200k 509 $74,945,000 $147,240 $2,302 4.60%
    $200k-400k 431 $118,415,000 $274,745 $2,804 4.83%
    $400k-600k 103 $47,275,000 $458,981 $2,934 4.48%
    $600k-1MM 39 $28,445,000 $729,359 $3,542 4.54%
    $1MM+ 24 $126,600,000 $5,275,000 $2,758 4.55%

    2022 saw Union Bank And Trust Company place emphasis on $100,000 or less loans with 623 originations, totaling $28,225,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 343 $62,025,000 $180,831 $2,483 4.59%
    $50k-75k 340 $42,210,000 $124,147 $2,197 4.52%
    $75k-100k 258 $39,230,000 $152,054 $2,353 4.58%
    $150k-250k 235 $54,405,000 $231,511 $2,284 4.53%
    $50k or less 194 $17,940,000 $92,474 $1,924 4.34%
    $250k+ 160 $56,700,000 $354,375 $2,887 4.51%

    Union Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 343 originations. The second most popular income band? $50k-75k, with 340 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 405 $61,495,000 $151,840 $2,043 4.47%
    30-36% 351 $64,145,000 $182,749 $2,378 4.43%
    <20% 192 $31,440,000 $163,750 $2,010 4.41%
    42% 63 $11,145,000 $176,905 $2,539 4.32%
    36% 62 $10,180,000 $164,194 $2,159 4.43%
    39% 62 $12,080,000 $194,839 $2,032 4.39%
    44% 59 $10,015,000 $169,746 $1,838 4.79%
    40% 57 $8,595,000 $150,789 $1,842 4.65%
    41% 55 $10,835,000 $197,000 $2,344 4.54%
    37% 53 $11,215,000 $211,604 $2,447 4.46%
    38% 52 $10,680,000 $205,385 $3,547 4.43%
    43% 43 $6,745,000 $156,860 $2,225 4.77%
    45% 28 $6,770,000 $241,786 $2,631 4.74%
    49% 26 $7,670,000 $295,000 $2,461 5.16%
    48% 25 $6,125,000 $245,000 $2,972 4.99%
    47% 24 $5,290,000 $220,417 $2,304 5.12%
    46% 24 $5,180,000 $215,833 $2,790 4.42%
    50-60% 13 $1,615,000 $124,231 $6,745 4.76%
    >60% 10 $1,550,000 $155,000 $1,093 4.76%

    Union Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 405 originations. The next most common DTI ratio? 30-36%, with 351 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,437 $261,035,000 $181,653 $2,314 4.52%
    Not applicable 104 $136,570,000 $1,313,173 $0 5.05%
    Not provided 152 $18,620,000 $122,500 $1,865 4.48%
    Asian 17 $4,325,000 $254,412 $2,033 4.60%
    Black 12 $2,220,000 $185,000 $2,452 4.71%
    Asian Indian 1 $485,000 $485,000 $2,476 5.38%
    American Indian 3 $405,000 $135,000 $1,764 5.95%
    Native Hawaiian or Islander 1 $145,000 $145,000 $0 6.63%
    Other Pacific Islander 1 $55,000 $55,000 $0 3.99%
    Other Asian 1 $45,000 $45,000 $0 3.99%

    Approval Rates

    Total approvals of all applications
    88.81%

    Union Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.40%

    Union Bank And Trust Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,729 $423,905,000 $245,174

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,729 $423,905,000 $245,174

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 276 $45,610,000 $165,254 $1,284 4.35%
    40-60% 200 $39,180,000 $195,900 $2,096 4.48%
    60-80% 426 $203,640,000 $478,028 $2,386 4.65%
    80-100% 433 $111,955,000 $258,557 $2,845 4.88%
    Over 100% 3 $885,000 $295,000 $12,368 5.00%
    Under 20% 391 $22,635,000 $57,890 $316 4.26%