North Platte Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in North Platte averaged
6.64%
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
6.87% and
one month ago for the week of 2025-05-15, the
average rate was 6.74%.
North Platte's average rate one year ago was 6.88%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.01%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| North Platte 30 Year Fixed Rate | 2025-06-18 | 6.64% |
| North Platte 30 Year Fixed Rate Refi | 2025-06-18 | 7.01% |
| North Platte 15 Year Fixed Rate | 2025-06-18 | 5.96% |
| North Platte 15 Year Fixed Rate Refi | 2025-06-18 | 6.16% |
| North Platte 30 Year FHA | 2025-06-18 | -0.2% |
| North Platte 30 Year FHA Refi | 2025-06-18 | 0.2% |
| North Platte 30 Year USDA | 2025-06-18 | 0.2% |
| North Platte 30 Year USDA Refi | 2025-06-18 | 0.2% |
| North Platte 30 Year VA | 2025-06-18 | 0.2% |
| North Platte 30 Year VA Refi | 2025-06-18 | 0% |
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.).
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, 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.