North Platte Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in North Platte averaged 6.35% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.57% and one month ago for the week of 2025-03-06, the average rate was 6.56%.

    North Platte's average rate one year ago was 6.75%.

    For refis of the same type during the week of 2025-04-10, the average rate was 7.22%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    North Platte 30 Year Fixed Rate 2025-04-10 6.35%
    North Platte 30 Year Fixed Rate Refi 2025-04-10 7.22%
    North Platte 15 Year Fixed Rate 2025-04-10 5.72%
    North Platte 15 Year Fixed Rate Refi 2025-04-10 6.32%
    North Platte 30 Year FHA 2025-04-10 6.33%
    North Platte 30 Year FHA Refi 2025-04-10 6.43%
    North Platte 30 Year USDA 2025-04-10 6.35%
    North Platte 30 Year USDA Refi 2025-04-10 6.65%
    North Platte 30 Year VA 2025-04-10 6.49%
    North Platte 30 Year VA Refi 2025-04-10 6.39%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within North Platte, NE.

    North Platte 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 North Platte, 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.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    First State Bank 34 6.55% $3,215
    West Gate Bank 31 6.63% $2,666
    QUICKEN LOANS, LLC 31 6.91% $5,845
    First National Bank of Omaha 30 6.55% $3,407
    Adams Bank & Trust 20 6.73% $2,909
    CENTRIS FEDERAL CREDIT UNION 10 6.54% $3,080
    Mr. Cooper ( Nationstar Mortgage ) 3 7.41% $6,886
    Wells Fargo Bank 3 6.00% $3,691
    AMERICAN FINANCIAL NETWORK, INC. 3 6.54% $5,766
    CHARTER WEST BANK 3 7.38% $3,084
    ZILLOW HOME LOANS, LLC 2 6.75% $3,965
    BROKER SOLUTIONS, INC. 2 6.88% $6,219
    Central National Bank 2 6.75% $2,652
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.44% $3,414
    CROSSCOUNTRY MORTGAGE, LLC 1 7.13% $3,585
    Citizens Bank 1 6.75% $6,149
    GUILD MORTGAGE COMPANY 1 6.00% $3,264
    Home Federal Savings & Loan Association of Grand Island 1 5.75% $6,556
    LENDSURE MORTGAGE CORP. 1 8.00% $7,856
    Mortgage Research Center, LLC 1 5.88% $4,779
    Charles Schwab Bank, SSB 1 6.43% $4,216
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.63% $2,985
    PHH Mortgage Corporation 1 7.63% $4,383
    Pinnacle Bank 1 5.99% $3,083
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $5,943
    AMERICAN FINANCING CORPORATION 1 7.75% $5,759
    Prosperity Home Mortgage, LLC 1 6.63% $3,559
    BMO Harris Bank 1 6.25% $4,834
    Quontic Bank 1 9.25% $13,125
    Union Bank and Trust Company 1 6.38% $2,762
    UNITED WHOLESALE MORTGAGE, LLC 1 7.25% $10,217
    USAA Federal Savings Bank 1 6.13% $4,677
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.99% $3,262
    American Mortgage & Equity Consultants, Inc. 1 6.63% $5,164
    Deere Employees Credit Union 1 5.99% $3,023

    North Platte Average Closing Costs & Other Stats

    North Platte, NE's 35 lenders originated 577 loans during 2024. The total origination value was $86,015,000, with an average loan value of $149,073.

    North Platte's average closing costs are $4,305.

    The top North Platte lender as defined by loan originations is First State Bank, with 34 loans originated. Their average total fees are $3,215, which is $550 higher than the next largest lender, West Gate Bank.

    The lowest fee North Platte lenders (with over 10 loans originated) are West Gate Bank ($2,666), Adams Bank & Trust ($2,909), CENTRIS FEDERAL CREDIT UNION ($3,080), First State Bank ($3,215) and First National Bank of Omaha ($3,407).

    The lowest rate North Platte lenders (with over 10 loans originated) are CENTRIS FEDERAL CREDIT UNION (6.54%), First State Bank (6.55%), First National Bank of Omaha (6.55%), West Gate Bank (6.63%) and Adams Bank & Trust (6.73%).

    North Platte, 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
    First State Bank $6,645,000 $11,625,000 74.9% 13.5%
    QUICKEN LOANS, LLC $7,545,000 $9,975,000 32.2% 11.6%
    First National Bank of Omaha $10,500,000 $8,515,000 -18.9% 9.9%
    Adams Bank & Trust $5,180,000 $7,550,000 45.8% 8.8%
    West Gate Bank $4,165,000 $6,750,000 62.1% 7.8%
    CENTRIS FEDERAL CREDIT UNION $3,825,000 $5,965,000 55.9% 6.9%
    Equitable Bank $6,055,000 $5,700,000 -5.9% 6.6%
    Mortgage Research Center, LLC $2,965,000 $3,480,000 17.4% 4.0%
    CHARTER WEST BANK $1,530,000 $2,350,000 53.6% 2.7%
    AMERICAN FINANCIAL NETWORK, INC. $1,695,000 n/a 2.0%
    Heritage Bank $1,320,000 n/a 1.5%
    PENNYMAC LOAN SERVICES, LLC $1,075,000 n/a 1.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,585,000 $975,000 -38.5% 1.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $190,000 $940,000 394.7% 1.1%
    UNITED WHOLESALE MORTGAGE, LLC $920,000 n/a 1.1%
    First Interstate Bank $560,000 $845,000 50.9% 1.0%
    GUILD MORTGAGE COMPANY $830,000 n/a 1.0%
    Wells Fargo Bank $150,000 $795,000 430.0% 0.9%
    LOANDEPOT.COM, LLC $970,000 $745,000 -23.2% 0.9%
    BMO Harris Bank $230,000 $630,000 173.9% 0.7%
    BROKER SOLUTIONS, INC. $155,000 $620,000 300.0% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $610,000 n/a 0.7%
    Pinnacle Bank $645,000 $520,000 -19.4% 0.6%
    NEW DAY FINANCIAL, LLC $660,000 $505,000 -23.5% 0.6%
    The Federal Savings Bank $400,000 $500,000 25.0% 0.6%
    Charles Schwab Bank, SSB $475,000 n/a 0.6%
    USAA Federal Savings Bank $590,000 $470,000 -20.3% 0.5%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $460,000 n/a 0.5%
    Home Federal Savings & Loan Association of Grand Island $95,000 $440,000 363.2% 0.5%
    Quontic Bank $425,000 n/a 0.5%
    CROSSCOUNTRY MORTGAGE, LLC $405,000 n/a 0.5%
    Central National Bank $400,000 n/a 0.5%
    FREEDOM MORTGAGE CORPORATION $345,000 $365,000 5.8% 0.4%
    GUARANTEED RATE, INC. $135,000 $355,000 163.0% 0.4%
    NEWREZ LLC $290,000 $335,000 15.5% 0.4%
    Union Bank and Trust Company $40,000 $330,000 725.0% 0.4%
    Frontier Bank $325,000 n/a 0.4%
    TruHome Solutions, LLC $320,000 n/a 0.4%
    Deere Employees Credit Union $300,000 n/a 0.3%
    ZILLOW HOME LOANS, LLC $155,000 $280,000 80.6% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $85,000 $275,000 223.5% 0.3%
    Flagstar Bank, FSB $135,000 $260,000 92.6% 0.3%
    NBKC BANK $255,000 n/a 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $255,000 n/a 0.3%
    Discover Bank $335,000 $245,000 -26.9% 0.3%
    VERIDIAN CREDIT UNION $210,000 n/a 0.2%
    Prosperity Home Mortgage, LLC $180,000 $205,000 13.9% 0.2%
    American Mortgage & Equity Consultants, Inc. $115,000 $195,000 69.6% 0.2%
    Magnolia Bank $185,000 n/a 0.2%
    Citizens Bank $65,000 $180,000 176.9% 0.2%
    Community First National Bank $165,000 n/a 0.2%
    LENDSURE MORTGAGE CORP. $155,000 n/a 0.2%
    Carrington Mortgage Services, LLC $145,000 $145,000 0.0% 0.2%
    U.S. Bank $840,000 $145,000 -82.7% 0.2%
    Figure Lending LLC $285,000 $135,000 -52.6% 0.2%
    Security First Bank $470,000 $135,000 -71.3% 0.2%
    Coastal Community Bank $115,000 n/a 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $225,000 $105,000 -53.3% 0.1%
    21ST MORTGAGE CORPORATION $100,000 $100,000 0.0% 0.1%
    AMERICAN FINANCING CORPORATION $95,000 n/a 0.1%
    PHH Mortgage Corporation $95,000 n/a 0.1%
    SPRING EQ, LLC $75,000 n/a 0.1%
    NAVY FEDERAL CREDIT UNION $685,000 $55,000 -92.0% 0.1%
    FEDEX EMPLOYEES CREDIT ASSOCIATION $35,000 n/a 0.0%
    LIBERTY FIRST $35,000 n/a 0.0%
    PNC Bank $205,000 $25,000 -87.8% 0.0%

    North Platte's top lender by overall market share is First State Bank, with 13.5% market share. In second place, with 11.6%, is QUICKEN LOANS, LLC, having originated $9,975,000 in loans. In third place, with 9.9%, is First National Bank of Omaha, having originated $8,515,000 in loans. In fourth place, with 8.8%, is Adams Bank & Trust, having originated $7,550,000 in loans. In fifth place, with 7.8%, is West Gate Bank, having originated $6,750,000 in loans.

    North Platte Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - North Platte (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $158,700 (2.9%) $189,683 (5.1%) 0.00 110
    2018-02-01 $154,900 (-8.1%) $191,011 (0.9%) 0.00 106
    2018-03-01 $165,000 (15.1%) $198,323 (6.3%) 0.00 97
    2018-04-01 $165,000 (10.4%) $201,874 (2.3%) 0.00 98
    2018-05-01 $169,450 (2.7%) $206,827 (4.1%) 0.00 110
    2018-06-01 $185,000 (5.2%) $212,555 (0.0%) 0.00 119
    2018-07-01 $189,125 (9.3%) $217,154 (7.0%) 0.00 118
    2018-08-01 $174,500 (5.5%) $200,196 (2.5%) 0.00 117
    2018-09-01 $165,000 (8.6%) $185,174 (0.4%) 0.00 114
    2018-10-01 $162,450 (7.6%) $188,727 (2.3%) 0.00 110
    2018-11-01 $159,900 (-3.1%) $186,586 (-3.7%) 0.00 114
    2018-12-01 $159,500 (-0.3%) $183,270 (-5.4%) 0.00 114
    2019-01-01 $159,500 (0.5%) $185,391 (-2.3%) 0.00 112
    2019-02-01 $165,975 (7.2%) $190,567 (-0.2%) 0.00 108
    2019-03-01 $176,100 (6.7%) $192,404 (-3.0%) 0.00 108
    2019-04-01 $173,850 (5.4%) $195,123 (-3.3%) 0.00 108
    2019-05-01 $185,000 (9.2%) $209,387 (1.2%) 0.00 110
    2019-06-01 $190,000 (2.7%) $206,596 (-2.8%) 0.00 139
    2019-07-01 $173,700 (-8.2%) $198,148 (-8.8%) 0.00 154
    2019-08-01 $172,686 (-1.0%) $192,830 (-3.7%) 0.00 171
    2019-09-01 $182,341 (10.5%) $193,261 (4.4%) 0.00 184
    2019-10-01 $189,925 (16.9%) $193,793 (2.7%) 0.00 196
    2019-11-01 $190,000 (18.8%) $193,512 (3.7%) 0.00 177
    2019-12-01 $188,625 (18.3%) $192,241 (4.9%) 0.00 165
    2020-01-01 $187,625 (17.6%) $192,300 (3.7%) 0.00 146
    2020-02-01 $179,500 (8.2%) $186,256 (-2.3%) 0.00 132
    2020-03-01 $181,225 (2.9%) $197,578 (2.7%) 0.00 136
    2020-04-01 $179,350 (3.2%) $196,867 (0.9%) 0.00 142
    2020-05-01 $182,950 (-1.1%) $197,036 (-5.9%) 0.00 138
    2020-06-01 $179,000 (-5.8%) $193,208 (-6.5%) 0.00 129
    2020-07-01 $184,000 (5.9%) $195,233 (-1.5%) 0.00 113
    2020-08-01 $159,900 (-7.4%) $182,044 (-5.6%) 0.00 109
    2020-09-01 $149,900 (-17.8%) $187,464 (-3.0%) 0.00 109
    2020-10-01 $145,000 (-23.7%) $178,522 (-7.9%) 0.00 117
    2020-11-01 $127,500 (-32.9%) $170,174 (-12.1%) 0.00 109
    2020-12-01 $128,675 (-31.8%) $166,050 (-13.6%) 0.00 95
    2021-01-01 $119,900 (-36.1%) $154,881 (-19.5%) 0.00 86
    2021-02-01 $119,900 (-33.2%) $155,548 (-16.5%) 0.00 62
    2021-03-01 $118,500 (-34.6%) $171,825 (-13.0%) 0.00 43
    2021-04-01 $139,175 (-22.4%) $190,989 (-3.0%) 0.00 32
    2021-05-01 $126,900 (-30.6%) $175,135 (-11.1%) 0.00 36
    2021-06-01 $164,950 (-7.9%) $201,953 (4.5%) 0.00 34
    2021-07-01 $177,450 (-3.6%) $200,002 (2.4%) 0.00 53
    2021-08-01 $178,475 (11.6%) $190,798 (4.8%) 0.00 57
    2021-09-01 $167,925 (12.0%) $195,490 (4.3%) 0.00 48
    2021-10-01 $160,000 (10.3%) $207,721 (16.4%) 0.00 49
    2021-11-01 $177,150 (38.9%) $223,279 (31.2%) 0.00 41
    2021-12-01 $144,900 (12.6%) $200,376 (20.7%) 0.00 34
    2022-01-01 $142,450 (18.8%) $214,776 (38.7%) 0.00 32
    2022-02-01 $146,975 (22.6%) $224,097 (44.1%) 0.00 31
    2022-03-01 $151,450 (27.8%) $260,731 (51.7%) 0.00 32
    2022-04-01 $251,500 (80.7%) $299,371 (56.8%) 0.00 35
    2022-05-01 $363,500 (186.5%) $362,153 (106.8%) 0.00 28
    2022-06-01 $346,250 (109.9%) $362,899 (79.7%) 0.00 33
    2022-07-01 $251,950 (42.0%) $312,000 (56.0%) 0.00 44
    2022-08-01 $248,675 (39.3%) $306,860 (60.8%) 0.00 47
    2022-09-01 $227,750 (35.6%) $318,430 (62.9%) 0.00 47
    2022-10-01 $215,000 (34.4%) $307,853 (48.2%) 0.00 54
    2022-11-01 $267,500 (51.0%) $291,143 (30.4%) 0.00 71
    2022-12-01 $240,000 (65.6%) $280,622 (40.1%) 0.00 74
    2023-01-01 $240,000 (68.5%) $288,273 (34.2%) 0.00 66
    2023-02-01 $278,000 (89.2%) $309,323 (38.0%) 0.00 50
    2023-03-01 $292,000 (92.8%) $316,440 (21.4%) 0.00 43
    2023-04-01 $284,500 (13.1%) $299,812 (0.2%) 0.00 41
    2023-05-01 $283,000 (-22.2%) $317,351 (-12.4%) 0.00 43
    2023-06-01 $254,188 (-26.6%) $297,138 (-18.1%) 0.00 41
    2023-07-01 $269,900 (7.1%) $312,714 (0.2%) 0.00 61
    2023-08-01 $249,500 (0.3%) $309,829 (1.0%) 0.00 70
    2023-09-01 $245,000 (7.6%) $298,064 (-6.4%) 0.00 67
    2023-10-01 $238,750 (11.1%) $290,556 (-5.6%) 0.00 71
    2023-11-01 $219,000 (-18.1%) $297,227 (2.1%) 0.00 77
    2023-12-01 $225,000 (-6.3%) $290,107 (3.4%) 0.00 67
    2024-01-01 $226,225 (-5.7%) $309,399 (7.3%) 0.00 61
    2024-02-01 $251,450 (-9.6%) $321,809 (4.0%) 0.00 48
    2024-03-01 $257,900 (-11.7%) $330,029 (4.3%) 0.00 52
    2024-04-01 $260,475 (-8.4%) $317,926 (6.0%) 0.00 58
    2024-05-01 $268,925 (-5.0%) $320,002 (0.8%) 0.00 64
    2024-06-01 $257,900 (1.5%) $345,557 (16.3%) 0.00 71
    2024-07-01 $271,250 (0.5%) $314,225 (0.5%) 0.00 85
    2024-08-01 $260,000 (4.2%) $312,572 (0.9%) 0.00 86
    2024-09-01 $253,500 (3.5%) $318,195 (6.8%) 0.00 95
    2024-10-01 $273,500 (14.6%) $342,367 (17.8%) 0.00 84
    2024-11-01 $265,000 (21.0%) $325,703 (9.6%) 0.00 90
    2024-12-01 $237,250 (5.4%) $292,102 (0.7%) 0.00 91
    2025-01-01 $233,125 (3.1%) $299,015 (-3.4%) 0.00 82
    2025-02-01 $235,000 (-6.5%) $300,927 (-6.5%) 0.00 72
    2025-03-01 $249,900 (-3.1%) $310,895 (-5.8%) 0.00 61
    North Platte's median listing price for 2025-03-01 was $249,900, a difference of $-8,000 (-3.1%) versus the prior year and $14,900 versus the prior month.

    North Platte's median listing price comes in at 0% of the national average.

    North Platte's average listing price for 2025-03-01 was $310,895, a difference of $-19,134 (-5.8%) versus the prior year and $9,968 versus the prior month.

    For the 2025-03-01 period, North Platte had 61 MLS listings, a difference of -11 listings (-15%) versus the prior month and 9 listings (17%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - North Platte (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,774 sqft
    2018-02-01 0 days 1,893 sqft
    2018-03-01 0 days 1,920 sqft
    2018-04-01 0 days 1,979 sqft
    2018-05-01 0 days 2,049 sqft
    2018-06-01 0 days 2,064 sqft
    2018-07-01 0 days 2,108 sqft
    2018-08-01 0 days 2,005 sqft
    2018-09-01 0 days 1,964 sqft
    2018-10-01 0 days 1,908 sqft
    2018-11-01 0 days 1,845 sqft
    2018-12-01 0 days 1,902 sqft
    2019-01-01 0 days 1,908 sqft
    2019-02-01 0 days 1,944 sqft
    2019-03-01 0 days 1,876 sqft
    2019-04-01 0 days 1,789 sqft
    2019-05-01 0 days 1,806 sqft
    2019-06-01 0 days 1,880 sqft
    2019-07-01 0 days 1,822 sqft
    2019-08-01 0 days 1,763 sqft
    2019-09-01 0 days 1,720 sqft
    2019-10-01 0 days 1,704 sqft
    2019-11-01 0 days 1,680 sqft
    2019-12-01 0 days 1,679 sqft
    2020-01-01 0 days 1,680 sqft
    2020-02-01 0 days 1,728 sqft
    2020-03-01 0 days 1,757 sqft
    2020-04-01 0 days 1,761 sqft
    2020-05-01 0 days 1,824 sqft
    2020-06-01 0 days 1,813 sqft
    2020-07-01 0 days 1,842 sqft
    2020-08-01 0 days 1,824 sqft
    2020-09-01 0 days 1,779 sqft
    2020-10-01 0 days 1,768 sqft
    2020-11-01 0 days 1,740 sqft
    2020-12-01 0 days 1,704 sqft
    2021-01-01 0 days 1,556 sqft
    2021-02-01 0 days 1,526 sqft
    2021-03-01 0 days 1,515 sqft
    2021-04-01 0 days 1,623 sqft
    2021-05-01 0 days 1,470 sqft
    2021-06-01 0 days 1,688 sqft
    2021-07-01 0 days 1,721 sqft
    2021-08-01 0 days 1,711 sqft
    2021-09-01 0 days 1,700 sqft
    2021-10-01 0 days 1,680 sqft
    2021-11-01 0 days 1,690 sqft
    2021-12-01 0 days 1,326 sqft
    2022-01-01 0 days 1,280 sqft
    2022-02-01 0 days 1,570 sqft
    2022-03-01 0 days 1,485 sqft
    2022-04-01 0 days 1,608 sqft
    2022-05-01 0 days 1,769 sqft
    2022-06-01 0 days 1,915 sqft
    2022-07-01 0 days 1,842 sqft
    2022-08-01 0 days 1,581 sqft
    2022-09-01 0 days 1,306 sqft
    2022-10-01 0 days 1,561 sqft
    2022-11-01 0 days 1,670 sqft
    2022-12-01 0 days 1,620 sqft
    2023-01-01 0 days 1,629 sqft
    2023-02-01 0 days 1,620 sqft
    2023-03-01 0 days 1,626 sqft
    2023-04-01 0 days 1,904 sqft
    2023-05-01 0 days 1,956 sqft
    2023-06-01 0 days 1,726 sqft
    2023-07-01 0 days 1,758 sqft
    2023-08-01 0 days 1,782 sqft
    2023-09-01 0 days 1,757 sqft
    2023-10-01 0 days 1,652 sqft
    2023-11-01 0 days 1,641 sqft
    2023-12-01 0 days 1,580 sqft
    2024-01-01 0 days 1,604 sqft
    2024-02-01 0 days 1,668 sqft
    2024-03-01 0 days 1,815 sqft
    2024-04-01 0 days 1,799 sqft
    2024-05-01 0 days 1,735 sqft
    2024-06-01 0 days 1,792 sqft
    2024-07-01 0 days 1,795 sqft
    2024-08-01 0 days 1,780 sqft
    2024-09-01 0 days 1,785 sqft
    2024-10-01 0 days 1,821 sqft
    2024-11-01 0 days 1,817 sqft
    2024-12-01 0 days 1,643 sqft
    2025-01-01 0 days 1,657 sqft
    2025-02-01 0 days 1,624 sqft
    2025-03-01 0 days 1,608 sqft
    North Platte's median listing age (time on market) for 2025-03-01 was 0 days.

    North Platte's median square footage for active listings during the 2025-03-01 period was 1,608 sqft. One year prior, the average listing was 1,815 sqft.

    North Platte, NE Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 343 $61,405,000 $179,023
    Cash Out Refi 70 $10,250,000 $146,429
    Other 63 $4,255,000 $67,540
    Refi 56 $8,080,000 $144,286
    Home Improvement 45 $2,025,000 $45,000

    North Platte's most frequently cited loan purpose was Home Purchase, with 343 originations. The 2nd most popular reason was Cash Out Refi, with 70 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 258 $45,770,000 $177,403
    Over 8% 103 $7,985,000 $77,524
    7-8% 93 $13,415,000 $144,247
    5-6% 53 $9,675,000 $182,547
    <2.5% 18 $440,000 $24,444
    4-5% 3 $535,000 $178,333
    2.5-3% 1 $155,000 $155,000

    During 2024, North Platte's most frequently originated rate bucket was 6-7%, with 258 originations.

    Loan Sizing (North Platte, NE MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 228 $33,870,000 $148,553
    $100,000 or less 210 $10,850,000 $51,667
    $200k-400k 123 $33,255,000 $270,366
    $400k-600k 14 $6,600,000 $471,429
    $600k-1000k 2 $1,440,000 $720,000

    North Platte's loan sizing saw the bucket of loans from $100k-200k with 228 originations, totaling $33,870,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 226 $42,910,000 $189,867
    60-80% 105 $18,425,000 $175,476
    20-40% 72 $6,520,000 $90,556
    Under 20% 70 $2,650,000 $37,857
    40-60% 40 $5,260,000 $131,500
    Over 100% 6 $1,600,000 $266,667

    North Platte's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 226 originations, totaling $42,910,000 in origination value.