Columbus Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Columbus averaged
6.72%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.75% and
one month ago for the week of 2025-05-15, the
average rate was 6.82%.
Columbus's average rate one year ago was 6.76%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.91%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Columbus 30 Year Fixed Rate | 2025-06-18 | 6.72% |
| Columbus 30 Year Fixed Rate Refi | 2025-06-18 | 6.91% |
| Columbus 15 Year Fixed Rate | 2025-06-18 | 6.16% |
| Columbus 15 Year Fixed Rate Refi | 2025-06-18 | 6.06% |
| Columbus 30 Year FHA | 2025-06-18 | -0.03% |
| Columbus 30 Year FHA Refi | 2025-06-18 | -0.1% |
| Columbus 30 Year USDA | 2025-06-18 | 0.1% |
| Columbus 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Columbus 30 Year VA | 2025-06-18 | 0.2% |
| Columbus 30 Year VA Refi | 2025-06-18 | -0.2% |
Columbus Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Columbus, NE market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Columbus Average Closing Costs & Other Stats
Columbus, NE's 38 lenders originated 550
loans during 2024. The total origination value was $121,690,000, with an average loan value of
$221,255.
Columbus's average closing costs are $4,114.
The top Columbus lender as defined by loan originations is Pinnacle Bank, with
39 loans originated. Their average total fees are
$2,691, which is $22
lower than the next largest lender,
West Gate Bank.
The lowest fee Columbus lenders (with over 10 loans originated) are
Pinnacle Bank ($2,691), West Gate Bank ($2,712), Plains Commerce Bank ($3,088), First National Bank of Omaha ($3,468) and CHARTER WEST BANK ($4,105).
The lowest rate Columbus lenders (with over 10 loans originated) are
Pinnacle Bank (6.52%), West Gate Bank (6.57%), QUICKEN LOANS, LLC (6.73%), First National Bank of Omaha (6.81%) and CHARTER WEST BANK (6.92%).
Columbus, NE Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| Pinnacle Bank | $23,310,000 | $21,625,000 | -7.2% | 17.8% |
| CHARTER WEST BANK | $16,155,000 | $16,790,000 | 3.9% | 13.8% |
| Plains Commerce Bank | $4,380,000 | $11,480,000 | 162.1% | 9.4% |
| West Gate Bank | $2,495,000 | $9,745,000 | 290.6% | 8.0% |
| GREYSTONE SERVICING COMPANY LLC | $8,405,000 | n/a | 6.9% | |
| ORIX REAL ESTATE CAPITAL, LLC | $7,475,000 | n/a | 6.1% | |
| QUICKEN LOANS, LLC | $2,845,000 | $5,980,000 | 110.2% | 4.9% |
| First National Bank of Omaha | $7,695,000 | $5,645,000 | -26.6% | 4.6% |
| BankFirst | $2,205,000 | $3,545,000 | 60.8% | 2.9% |
| Mortgage Research Center, LLC | $1,630,000 | $2,975,000 | 82.5% | 2.4% |
| Farm Credit Mid-America, ACA | $2,145,000 | n/a | 1.8% | |
| UNITED WHOLESALE MORTGAGE, LLC | $6,720,000 | $1,695,000 | -74.8% | 1.4% |
| U.S. Bank | $5,145,000 | $1,695,000 | -67.1% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $1,095,000 | $1,690,000 | 54.3% | 1.4% |
| First Nebraska Bank | $1,805,000 | $1,310,000 | -27.4% | 1.1% |
| Union Bank and Trust Company | $370,000 | $1,195,000 | 223.0% | 1.0% |
| NAVY FEDERAL CREDIT UNION | $205,000 | $845,000 | 312.2% | 0.7% |
| NexBank | $820,000 | n/a | 0.7% | |
| Mr. Cooper ( Nationstar Mortgage ) | $345,000 | $815,000 | 136.2% | 0.7% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $360,000 | $745,000 | 106.9% | 0.6% |
| Frontier Bank | $750,000 | $680,000 | -9.3% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $660,000 | n/a | 0.5% | |
| Regent Financial Group, Inc. | $455,000 | $615,000 | 35.2% | 0.5% |
| The Loan Store, Inc. | $540,000 | n/a | 0.4% | |
| CORNHUSKER BANK | $505,000 | n/a | 0.4% | |
| BMO Harris Bank | $110,000 | $460,000 | 318.2% | 0.4% |
| CHURCHILL MORTGAGE CORPORATION | $450,000 | n/a | 0.4% | |
| Discover Bank | $440,000 | $450,000 | 2.3% | 0.4% |
| Exchange Bank & Trust | $415,000 | n/a | 0.3% | |
| Deere Employees Credit Union | $405,000 | n/a | 0.3% | |
| American National Bank | $395,000 | n/a | 0.3% | |
| PENNYMAC LOAN SERVICES, LLC | $370,000 | $380,000 | 2.7% | 0.3% |
| Carrington Mortgage Services, LLC | $465,000 | $360,000 | -22.6% | 0.3% |
| FIRST COMMUNITY MORTGAGE, INC. | $350,000 | n/a | 0.3% | |
| Paramount Residential Mortgage Group, Inc. | $195,000 | $315,000 | 61.5% | 0.3% |
| First State Bank | $295,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $295,000 | n/a | 0.2% | |
| Arbor Bank | $280,000 | n/a | 0.2% | |
| FIRST COLONY MORTGAGE CORPORATION | $275,000 | n/a | 0.2% | |
| V.I.P. MORTGAGE, INC. | $275,000 | n/a | 0.2% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,005,000 | $255,000 | -74.6% | 0.2% |
| First Federal Bank | $255,000 | $255,000 | 0.0% | 0.2% |
| LOANDEPOT.COM, LLC | $360,000 | $255,000 | -29.2% | 0.2% |
| Prosperity Home Mortgage, LLC | $255,000 | $255,000 | 0.0% | 0.2% |
| CITY BANK & TRUST CO. | $490,000 | $245,000 | -50.0% | 0.2% |
| First Bank | $245,000 | n/a | 0.2% | |
| UNION HOME MORTGAGE CORP. | $245,000 | n/a | 0.2% | |
| LIBERTY FIRST | $635,000 | $235,000 | -63.0% | 0.2% |
| Washington County Bank | $235,000 | n/a | 0.2% | |
| CASTLE & COOKE MORTGAGE, LLC | $225,000 | n/a | 0.2% | |
| IOWA BANKERS MORTGAGE CORPORATION | $225,000 | n/a | 0.2% | |
| Truist | $215,000 | n/a | 0.2% | |
| Citizens Bank | $290,000 | $205,000 | -29.3% | 0.2% |
| Flagstar Bank, FSB | $315,000 | $205,000 | -34.9% | 0.2% |
| USAA Federal Savings Bank | $205,000 | n/a | 0.2% | |
| AMERICAN FINANCING CORPORATION | $185,000 | n/a | 0.2% | |
| GERSHMAN INVESTMENT CORP. | $185,000 | n/a | 0.2% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $255,000 | $185,000 | -27.5% | 0.2% |
| LENDINGONE, LLC | $165,000 | n/a | 0.1% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $145,000 | n/a | 0.1% | |
| Wells Fargo Bank | $165,000 | $145,000 | -12.1% | 0.1% |
| GUILD MORTGAGE COMPANY | $120,000 | n/a | 0.1% | |
| Baxter Credit Union | $925,000 | $115,000 | -87.6% | 0.1% |
| VERIDIAN CREDIT UNION | $45,000 | $95,000 | 111.1% | 0.1% |
| JPMorgan Chase Bank | $450,000 | $85,000 | -81.1% | 0.1% |
| RESIDENTIAL BANCORP | $85,000 | n/a | 0.1% | |
| Coastal Community Bank | $145,000 | $80,000 | -44.8% | 0.1% |
| CENTRIS FEDERAL CREDIT UNION | $75,000 | n/a | 0.1% | |
| Cobalt Credit Union | $75,000 | n/a | 0.1% | |
| First Interstate Bank | $275,000 | $65,000 | -76.4% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $65,000 | n/a | 0.1% | |
| Bank of America | $55,000 | n/a | 0.0% | |
| Cornerstone Bank | $185,000 | $55,000 | -70.3% | 0.0% |
| Gateway First Bank | $95,000 | $55,000 | -42.1% | 0.0% |
| NEWREZ LLC | $235,000 | $55,000 | -76.6% | 0.0% |
| PNC Bank | $35,000 | $55,000 | 57.1% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $15,000 | n/a | 0.0% |
Columbus's top lender by overall market share is Pinnacle Bank, with 17.8% market share. In second place, with 13.8%, is CHARTER WEST BANK, having originated $16,790,000 in loans. In third place, with 9.4%, is Plains Commerce Bank, having originated $11,480,000 in loans. In fourth place, with 8.0%, is West Gate Bank, having originated $9,745,000 in loans. In fifth place, with 6.9%, is GREYSTONE SERVICING COMPANY LLC, having originated $8,405,000 in loans.
Columbus, NE Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 363 | $90,195,000 | $248,471 |
| Refi | 55 | $18,005,000 | $327,364 |
| Cash Out Refi | 53 | $8,945,000 | $168,774 |
| Other | 47 | $2,635,000 | $56,064 |
| Home Improvement | 32 | $1,910,000 | $59,688 |
Columbus's most frequently cited loan purpose was Home Purchase, with 363 originations. The 2nd most popular reason was Refi, with 55 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 219 | $59,215,000 | $270,388 |
| 7-8% | 131 | $27,115,000 | $206,985 |
| Over 8% | 83 | $6,035,000 | $72,711 |
| 5-6% | 62 | $22,530,000 | $363,387 |
| <2.5% | 23 | $205,000 | $8,913 |
| 4-5% | 3 | $755,000 | $251,667 |
| 3-4% | 1 | $5,000 | $5,000 |
During 2024, Columbus's most frequently originated rate bucket was 6-7%, with 219 originations.
Loan Sizing (Columbus, NE MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 225 | $59,385,000 | $263,933 |
| $100k-200k | 162 | $25,130,000 | $155,123 |
| $100,000 or less | 131 | $5,785,000 | $44,160 |
| $400k-600k | 23 | $10,645,000 | $462,826 |
| $600k-1000k | 7 | $4,865,000 | $695,000 |
| $Over $1MM | 2 | $15,880,000 | $7,940,000 |
Columbus's loan sizing saw the bucket of loans from $200k-400k with 225 originations, totaling $59,385,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 219 | $54,025,000 | $246,689 |
| 60-80% | 98 | $32,440,000 | $331,020 |
| Under 20% | 81 | $2,705,000 | $33,395 |
| 20-40% | 55 | $5,715,000 | $103,909 |
| 40-60% | 49 | $9,175,000 | $187,245 |
| Over 100% | 6 | $8,860,000 | $1,476,667 |
Columbus's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 219 originations, totaling $54,025,000 in origination value.