Scottsbluff 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 Scottsbluff averaged 6.73% for the week of 2023-12-07, compared to the national average of 7.03% for the same period.

    The average rate for the prior week (2023-11-30) was 7.12% and one month ago for the week of 2023-11-02, the average rate was 7.76%.

    Scottsbluff's average rate one year ago was 6.59%.

    For refis of the same type during the week of 2023-12-07, the average rate was 7.33%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-12-07 7.03%
    Scottsbluff 30 Year Fixed Rate 2023-12-07 6.73%
    Scottsbluff 30 Year Fixed Rate Refi 2023-12-07 7.33%
    Scottsbluff 15 Year Fixed Rate 2023-12-07 6.39%
    Scottsbluff 15 Year Fixed Rate Refi 2023-12-07 6.19%
    Scottsbluff 30 Year FHA 2023-12-07 6.72%
    Scottsbluff 30 Year FHA Refi 2023-12-07 6.72%
    Scottsbluff 30 Year USDA 2023-12-07 6.62%
    Scottsbluff 30 Year USDA Refi 2023-12-07 6.72%
    Scottsbluff 30 Year VA 2023-12-07 6.44%
    Scottsbluff 30 Year VA Refi 2023-12-07 6.44%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Scottsbluff, NE.

    Scottsbluff 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 Scottsbluff, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    QUICKEN LOANS, LLC 22 4.91% $5,683
    First National Bank of Omaha 18 4.98% $3,289
    Meridian Trust Federal Credit Union 15 4.37% $4,302
    U.S. Bank 12 5.30% $3,709
    CASTLE & COOKE MORTGAGE, LLC 12 5.19% $5,974
    West Gate Bank 9 4.67% $2,991
    Wells Fargo Bank 6 4.73% $3,028
    Flagstar Bank, FSB 5 5.85% $4,256
    JPMorgan Chase Bank 5 4.83% $3,734
    UNITED WHOLESALE MORTGAGE, LLC 3 6.33% $4,661
    Pinnacle Bank - Wyoming 3 4.49% $2,494
    AMERICAN FINANCING CORPORATION 3 5.25% $5,079
    BROKER SOLUTIONS, INC. 2 6.25% $7,451
    Bank of the West 2 4.31% $3,849
    BETTER MORTGAGE CORPORATION 2 3.69% $3,248
    CHURCHILL MORTGAGE CORPORATION 2 4.06% $3,580
    Deere Employees Credit Union 2 3.13% $2,363
    Farm Credit Mid-America, ACA 2 5.93% $4,912
    First Interstate Bank 2 6.13% $3,297
    FREEDOM MORTGAGE CORPORATION 2 5.19% $4,808
    NAVY FEDERAL CREDIT UNION 2 5.44% $2,086
    FirstBank 1 3.50% $6,767
    KeyBank 1 3.25% $2,222
    LAKEVIEW LOAN SERVICING, LLC 1 3.38% $3,510
    LOANDEPOT.COM, LLC 1 5.50% $4,134
    EVERETT FINANCIAL, INC. 1 3.99% $2,636
    Mortgage Research Center, LLC 1 6.38% $2,911
    Mr. Cooper ( Nationstar Mortgage ) 1 5.63% $7,686
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.50% $4,882
    ZILLOW HOME LOANS, LLC 1 5.88% $4,584
    NEWREZ LLC 1 4.38% $2,738
    Northpointe Bank 1 3.99% $3,577
    PENNYMAC LOAN SERVICES, LLC 1 4.37% $2,557
    PHH Mortgage Corporation 1 3.25% $7,196
    Pinnacle Bank 1 6.38% $1,897
    Discover Bank 1 9.49% $0
    Plains Commerce Bank 1 5.63% $3,322
    Colonial Savings, F.A. 1 3.75% $2,359
    Security First Bank 1 5.75% $1,547
    Truist 1 4.75% $3,105
    CHERRY CREEK MORTGAGE, LLC 1 4.38% $778
    UNIVERSAL LENDING CORPORATION 1 6.63% $6,077
    CENTENNIAL LENDING, LLC 1 5.25% $3,974
    Blue Federal Credit Union 1 5.25% $3,974
    AMERISAVE MORTGAGE CORPORATION 1 4.75% $5,865
    GUILD MORTGAGE COMPANY 1 6.75% $4,817

    Scottsbluff Average Closing Costs & Other Stats

    Scottsbluff, NE's 46 lenders originated 439 loans during 2022. The total origination value was $64,325,000, with an average loan value of $146,526.

    Scottsbluff's average closing costs are $4,151.

    The top Scottsbluff lender as defined by loan originations is QUICKEN LOANS, LLC, with 22 loans originated. Their average total fees are $5,683, which is $2,394 higher than the next largest lender, First National Bank of Omaha.

    The lowest fee Scottsbluff lenders (with over 10 loans originated) are First National Bank of Omaha ($3,289), U.S. Bank ($3,709), Meridian Trust Federal Credit Union ($4,302), QUICKEN LOANS, LLC ($5,683) and CASTLE & COOKE MORTGAGE, LLC ($5,974).

    The lowest rate Scottsbluff lenders (with over 10 loans originated) are Meridian Trust Federal Credit Union (4.37%), QUICKEN LOANS, LLC (4.91%), First National Bank of Omaha (4.98%), CASTLE & COOKE MORTGAGE, LLC (5.19%) and U.S. Bank (5.30%).

    Scottsbluff, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    QUICKEN LOANS, LLC $17,545,000 $9,610,000 -45.2% 14.9%
    First National Bank of Omaha $8,405,000 $9,020,000 7.3% 14.0%
    Meridian Trust Federal Credit Union $2,760,000 $5,520,000 100.0% 8.6%
    U.S. Bank $5,700,000 $3,015,000 -47.1% 4.7%
    CASTLE & COOKE MORTGAGE, LLC $7,825,000 $2,875,000 -63.3% 4.5%
    West Gate Bank $4,895,000 $2,445,000 -50.1% 3.8%
    Wells Fargo Bank $3,190,000 $2,135,000 -33.1% 3.3%
    Mortgage Research Center, LLC $3,800,000 $1,730,000 -54.5% 2.7%
    Pinnacle Bank - Wyoming $2,825,000 $1,485,000 -47.4% 2.3%
    Platte Valley Bank $600,000 $1,485,000 147.5% 2.3%
    LOANDEPOT.COM, LLC $2,660,000 $1,395,000 -47.6% 2.2%
    UNITED WHOLESALE MORTGAGE, LLC $1,930,000 $1,390,000 -28.0% 2.2%
    Flagstar Bank, FSB $2,280,000 $1,230,000 -46.1% 1.9%
    FREEDOM MORTGAGE CORPORATION $5,040,000 $1,210,000 -76.0% 1.9%
    JPMorgan Chase Bank $655,000 $1,165,000 77.9% 1.8%
    First Interstate Bank $85,000 $890,000 947.1% 1.4%
    NEW DAY FINANCIAL, LLC $355,000 $845,000 138.0% 1.3%
    USAA Federal Savings Bank $790,000 $845,000 7.0% 1.3%
    BROKER SOLUTIONS, INC. $1,125,000 $835,000 -25.8% 1.3%
    Pinnacle Bank $835,000 n/a 1.3%
    Farm Credit Mid-America, ACA $660,000 $820,000 24.2% 1.3%
    HOME POINT FINANCIAL CORPORATION $5,455,000 $745,000 -86.3% 1.2%
    AMERICAN FINANCING CORPORATION $940,000 $620,000 -34.0% 1.0%
    Mr. Cooper ( Nationstar Mortgage ) $1,180,000 $580,000 -50.8% 0.9%
    Deere Employees Credit Union $1,085,000 $500,000 -53.9% 0.8%
    NEWREZ LLC $2,240,000 $490,000 -78.1% 0.8%
    NAVY FEDERAL CREDIT UNION $185,000 $480,000 159.5% 0.7%
    Wallick & Volk, Inc. $135,000 $435,000 222.2% 0.7%
    Bank of the West $145,000 $400,000 175.9% 0.6%
    BETTER MORTGAGE CORPORATION $1,650,000 $360,000 -78.2% 0.6%
    PENNYMAC LOAN SERVICES, LLC $880,000 $350,000 -60.2% 0.5%
    Great Western Bank $2,115,000 $320,000 -84.9% 0.5%
    NFM, INC. $310,000 n/a 0.5%
    CHERRY CREEK MORTGAGE, LLC $295,000 n/a 0.5%
    CALIBER HOME LOANS, INC. $1,125,000 $290,000 -74.2% 0.5%
    LAKEVIEW LOAN SERVICING, LLC $560,000 $290,000 -48.2% 0.5%
    UNIVERSAL LENDING CORPORATION $165,000 $285,000 72.7% 0.4%
    GUILD MORTGAGE COMPANY $330,000 $270,000 -18.2% 0.4%
    AMERISAVE MORTGAGE CORPORATION $1,305,000 $260,000 -80.1% 0.4%
    KeyBank $255,000 n/a 0.4%
    The Federal Savings Bank $255,000 $235,000 -7.8% 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,000,000 $230,000 -77.0% 0.4%
    Carrington Mortgage Services, LLC $125,000 $225,000 80.0% 0.3%
    CLEARPATH LENDING $225,000 n/a 0.3%
    CHURCHILL MORTGAGE CORPORATION $155,000 $220,000 41.9% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $535,000 $220,000 -58.9% 0.3%
    Regent Financial Group, Inc. $215,000 n/a 0.3%
    Truist $660,000 $210,000 -68.2% 0.3%
    Century Mortgage Company DBA Century Lending Company $205,000 n/a 0.3%
    Citibank $195,000 n/a 0.3%
    EVERETT FINANCIAL, INC. $195,000 n/a 0.3%
    LIBERTY FIRST $390,000 $195,000 -50.0% 0.3%
    Northpointe Bank $235,000 $195,000 -17.0% 0.3%
    ANB Bank $180,000 n/a 0.3%
    Colonial Savings, F.A. $175,000 n/a 0.3%
    PHH Mortgage Corporation $250,000 $165,000 -34.0% 0.3%
    Glacier Bank $510,000 $160,000 -68.6% 0.2%
    MidFirst Bank $160,000 n/a 0.2%
    SPRING EQ, LLC $160,000 n/a 0.2%
    21ST MORTGAGE CORPORATION $150,000 n/a 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $145,000 n/a 0.2%
    Neighborhood Loans, Inc. $135,000 n/a 0.2%
    Plains Commerce Bank $250,000 $135,000 -46.0% 0.2%
    Barrington Bank & Trust Company, N.A. $970,000 $125,000 -87.1% 0.2%
    Blue Federal Credit Union $125,000 n/a 0.2%
    CENTENNIAL LENDING, LLC $125,000 n/a 0.2%
    Five Points Bank $125,000 n/a 0.2%
    Figure Lending LLC $50,000 $115,000 130.0% 0.2%
    Nations Lending Corporation $115,000 n/a 0.2%
    TRIAD FINANCIAL SERVICES, INC. $115,000 n/a 0.2%
    VILLAGE CAPITAL MORTGAGE $240,000 $115,000 -52.1% 0.2%
    PREMIER MEMBERS CREDIT UNION $105,000 n/a 0.2%
    Capital Bank $95,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $295,000 $95,000 -67.8% 0.1%
    Union Bank and Trust Company $95,000 $95,000 0.0% 0.1%
    ZILLOW HOME LOANS, LLC $95,000 n/a 0.1%
    BNC National Bank $85,000 n/a 0.1%
    FirstBank $65,000 n/a 0.1%
    Discover Bank $175,000 $35,000 -80.0% 0.1%
    AMERICAN ADVISORS GROUP $25,000 n/a 0.0%
    Security First Bank $265,000 $25,000 -90.6% 0.0%

    Scottsbluff's top lender by overall market share is QUICKEN LOANS, LLC, with 14.9% market share. In second place, with 14.0%, is First National Bank of Omaha, having originated $9,020,000 in loans. In third place, with 8.6%, is Meridian Trust Federal Credit Union, having originated $5,520,000 in loans. In fourth place, with 4.7%, is U.S. Bank, having originated $3,015,000 in loans. In fifth place, with 4.5%, is CASTLE & COOKE MORTGAGE, LLC, having originated $2,875,000 in loans.

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

    Realtor.com - Scottsbluff (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 $161,450 (4.9%) $177,563 (-10.2%) 0.00 154
    2018-02-01 $155,125 (4.0%) $175,345 (-12.1%) 0.00 149
    2018-03-01 $169,000 (14.7%) $184,083 (-5.7%) 0.00 125
    2018-04-01 $169,000 (15.0%) $194,200 (0.5%) 0.00 132
    2018-05-01 $175,575 (17.5%) $208,969 (8.9%) 0.00 155
    2018-06-01 $169,900 (3.0%) $209,665 (1.6%) 0.00 164
    2018-07-01 $169,900 (6.2%) $209,092 (3.6%) 0.00 171
    2018-08-01 $166,475 (-2.4%) $205,861 (-0.3%) 0.00 174
    2018-09-01 $169,900 (0.5%) $209,472 (5.5%) 0.00 165
    2018-10-01 $163,700 (6.6%) $207,692 (12.8%) 0.00 167
    2018-11-01 $157,925 (4.6%) $203,126 (17.9%) 0.00 169
    2018-12-01 $160,000 (-3.0%) $211,737 (18.3%) 0.00 150
    2019-01-01 $163,675 (1.4%) $218,057 (22.8%) 0.00 140
    2019-02-01 $164,200 (5.9%) $232,083 (32.4%) 0.00 151
    2019-03-01 $183,286 (8.5%) $241,686 (31.3%) 0.00 139
    2019-04-01 $199,736 (18.2%) $248,798 (28.1%) 0.00 140
    2019-05-01 $200,950 (14.5%) $248,722 (19.0%) 0.00 154
    2019-06-01 $174,900 (2.9%) $231,074 (10.2%) 0.00 147
    2019-07-01 $172,850 (1.7%) $230,617 (10.3%) 0.00 151
    2019-08-01 $190,159 (14.2%) $233,058 (13.2%) 0.00 162
    2019-09-01 $181,773 (7.0%) $230,309 (10.0%) 0.00 167
    2019-10-01 $171,625 (4.8%) $223,101 (7.4%) 0.00 171
    2019-11-01 $173,000 (9.6%) $221,911 (9.3%) 0.00 156
    2019-12-01 $179,725 (12.3%) $221,690 (4.7%) 0.00 143
    2020-01-01 $179,825 (9.9%) $218,402 (0.2%) 0.00 126
    2020-02-01 $190,000 (15.7%) $218,507 (-5.9%) 0.00 122
    2020-03-01 $195,000 (6.4%) $218,159 (-9.7%) 0.00 122
    2020-04-01 $196,000 (-1.9%) $213,863 (-14.0%) 0.00 121
    2020-05-01 $199,000 (-1.0%) $226,704 (-8.9%) 0.00 123
    2020-06-01 $195,000 (11.5%) $231,585 (0.2%) 0.00 118
    2020-07-01 $189,475 (9.6%) $231,900 (0.6%) 0.00 104
    2020-08-01 $195,000 (2.6%) $251,275 (7.8%) 0.00 91
    2020-09-01 $210,825 (16.0%) $255,731 (11.0%) 0.00 72
    2020-10-01 $181,000 (5.5%) $254,942 (14.3%) 0.00 63
    2020-11-01 $169,975 (-1.8%) $228,314 (2.9%) 0.00 67
    2020-12-01 $162,600 (-9.5%) $222,454 (0.3%) 0.00 64
    2021-01-01 $161,200 (-10.4%) $209,024 (-4.3%) 0.00 57
    2021-02-01 $164,900 (-13.2%) $222,278 (1.7%) 0.00 57
    2021-03-01 $194,825 (-0.1%) $244,717 (12.2%) 0.00 53
    2021-04-01 $203,350 (3.8%) $248,018 (16.0%) 0.00 53
    2021-05-01 $237,000 (19.1%) $296,748 (30.9%) 0.00 39
    2021-06-01 $259,900 (33.3%) $307,512 (32.8%) 0.00 38
    2021-07-01 $194,500 (2.7%) $254,979 (10.0%) 0.00 49
    2021-08-01 $205,125 (5.2%) $254,225 (1.2%) 0.00 63
    2021-09-01 $172,250 (-18.3%) $287,099 (12.3%) 0.00 70
    2021-10-01 $197,500 (9.1%) $529,939 (107.9%) 0.00 56
    2021-11-01 $187,000 (10.0%) $514,342 (125.3%) 0.00 62
    2021-12-01 $180,000 (10.7%) $551,358 (147.9%) 0.00 60
    2022-01-01 $207,450 (28.7%) $563,352 (169.5%) 0.00 51
    2022-02-01 $216,250 (31.1%) $394,254 (77.4%) 0.00 40
    2022-03-01 $250,500 (28.6%) $390,298 (59.5%) 0.00 41
    2022-04-01 $245,000 (20.5%) $371,467 (49.8%) 0.00 44
    2022-05-01 $255,000 (7.6%) $418,476 (41.0%) 0.00 49
    2022-06-01 $258,500 (-0.5%) $428,863 (39.5%) 0.00 51
    2022-07-01 $245,000 (26.0%) $417,602 (63.8%) 0.00 54
    2022-08-01 $232,500 (13.4%) $395,439 (55.6%) 0.00 60
    2022-09-01 $226,438 (31.5%) $374,080 (30.3%) 0.00 63
    2022-10-01 $229,000 (16.0%) $368,251 (-30.5%) 0.00 64
    2022-11-01 $219,000 (17.1%) $344,910 (-32.9%) 0.00 59
    2022-12-01 $202,000 (12.2%) $309,616 (-43.8%) 0.00 64
    2023-01-01 $215,000 (3.6%) $299,952 (-46.8%) 0.00 75
    2023-02-01 $236,000 (9.1%) $314,028 (-20.4%) 0.00 74
    2023-03-01 $250,000 (-0.2%) $368,692 (-5.5%) 0.00 69
    2023-04-01 $254,950 (4.1%) $362,710 (-2.4%) 0.00 64
    2023-05-01 $263,725 (3.4%) $388,294 (-7.2%) 0.00 61
    2023-06-01 $280,000 (8.3%) $424,810 (-1.0%) 0.00 69
    2023-07-01 $282,000 (15.1%) $438,589 (5.0%) 0.00 82
    2023-08-01 $276,500 (18.9%) $421,457 (6.6%) 0.00 93
    2023-09-01 $275,000 (21.5%) $393,703 (5.3%) 0.00 75
    2023-10-01 $232,450 (1.5%) $363,328 (-1.3%) 0.00 71
    2023-11-01 $257,200 (17.4%) $399,999 (16.0%) 0.00 78
    Scottsbluff's median listing price for 2023-11-01 was $257,200, a difference of $38,200 (17.4%) versus the prior year and $24,750 versus the prior month.

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

    Scottsbluff's average listing price for 2023-11-01 was $399,999, a difference of $55,089 (16.0%) versus the prior year and $36,671 versus the prior month.

    For the 2023-11-01 period, Scottsbluff had 78 MLS listings, a difference of 7 listings (10%) versus the prior month and 19 listings (32%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Scottsbluff (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,353 sqft
    2018-02-01 0 days 1,334 sqft
    2018-03-01 0 days 1,352 sqft
    2018-04-01 0 days 1,423 sqft
    2018-05-01 0 days 1,458 sqft
    2018-06-01 0 days 1,457 sqft
    2018-07-01 0 days 1,450 sqft
    2018-08-01 0 days 1,470 sqft
    2018-09-01 0 days 1,472 sqft
    2018-10-01 0 days 1,442 sqft
    2018-11-01 0 days 1,378 sqft
    2018-12-01 0 days 1,372 sqft
    2019-01-01 0 days 1,395 sqft
    2019-02-01 0 days 1,420 sqft
    2019-03-01 0 days 1,389 sqft
    2019-04-01 0 days 1,389 sqft
    2019-05-01 0 days 1,438 sqft
    2019-06-01 0 days 1,344 sqft
    2019-07-01 0 days 1,379 sqft
    2019-08-01 0 days 1,363 sqft
    2019-09-01 0 days 1,365 sqft
    2019-10-01 0 days 1,364 sqft
    2019-11-01 0 days 1,366 sqft
    2019-12-01 0 days 1,402 sqft
    2020-01-01 0 days 1,367 sqft
    2020-02-01 0 days 1,396 sqft
    2020-03-01 0 days 1,360 sqft
    2020-04-01 0 days 1,383 sqft
    2020-05-01 0 days 1,468 sqft
    2020-06-01 0 days 1,441 sqft
    2020-07-01 0 days 1,390 sqft
    2020-08-01 0 days 1,511 sqft
    2020-09-01 0 days 1,532 sqft
    2020-10-01 0 days 1,435 sqft
    2020-11-01 0 days 1,430 sqft
    2020-12-01 0 days 1,433 sqft
    2021-01-01 0 days 1,432 sqft
    2021-02-01 0 days 1,393 sqft
    2021-03-01 0 days 1,425 sqft
    2021-04-01 0 days 1,575 sqft
    2021-05-01 0 days 1,692 sqft
    2021-06-01 0 days 1,642 sqft
    2021-07-01 0 days 1,464 sqft
    2021-08-01 0 days 1,450 sqft
    2021-09-01 0 days 1,326 sqft
    2021-10-01 0 days 1,376 sqft
    2021-11-01 0 days 1,357 sqft
    2021-12-01 0 days 1,420 sqft
    2022-01-01 0 days 1,591 sqft
    2022-02-01 0 days 1,420 sqft
    2022-03-01 0 days 1,440 sqft
    2022-04-01 0 days 1,271 sqft
    2022-05-01 0 days 1,724 sqft
    2022-06-01 0 days 1,746 sqft
    2022-07-01 0 days 1,632 sqft
    2022-08-01 0 days 1,476 sqft
    2022-09-01 0 days 1,382 sqft
    2022-10-01 0 days 1,428 sqft
    2022-11-01 0 days 1,461 sqft
    2022-12-01 0 days 1,487 sqft
    2023-01-01 0 days 1,413 sqft
    2023-02-01 0 days 1,387 sqft
    2023-03-01 0 days 1,412 sqft
    2023-04-01 0 days 1,447 sqft
    2023-05-01 0 days 1,526 sqft
    2023-06-01 0 days 1,633 sqft
    2023-07-01 0 days 1,686 sqft
    2023-08-01 0 days 1,616 sqft
    2023-09-01 0 days 1,532 sqft
    2023-10-01 0 days 1,356 sqft
    2023-11-01 0 days 1,373 sqft
    Scottsbluff's median listing age (time on market) for 2023-11-01 was 0 days.

    Scottsbluff's median square footage for active listings during the 2023-11-01 period was 1,373 sqft. One year prior, the average listing was 1,461 sqft.

    Scottsbluff, NE Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 190 $34,500,000 $181,579
    Cash Out Refi 122 $16,200,000 $132,787
    Refi 65 $8,585,000 $132,077
    Other 39 $3,655,000 $93,718
    Home Improvement 23 $1,385,000 $60,217

    Scottsbluff's most frequently cited loan purpose was Home Purchase, with 190 originations. The 2nd most popular reason was Cash Out Refi, with 122 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 105 $14,525,000 $138,333
    5-6% 104 $17,120,000 $164,615
    4-5% 89 $13,595,000 $152,753
    6-7% 46 $6,860,000 $149,130
    2.5-3% 35 $6,035,000 $172,429
    <2.5% 28 $2,640,000 $94,286
    7-8% 12 $1,420,000 $118,333
    Over 8% 9 $465,000 $51,667

    During 2022, Scottsbluff's most frequently originated rate bucket was 3-4%, with 105 originations.

    Loan Sizing (Scottsbluff, NE MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 198 $28,780,000 $145,354
    $100,000 or less 146 $8,550,000 $58,562
    $200k-400k 88 $23,280,000 $264,545
    $400k-600k 5 $2,085,000 $417,000
    $600k-1000k 1 $605,000 $605,000
    $Over $1MM 1 $1,025,000 $1,025,000

    Scottsbluff's loan sizing saw the bucket of loans from $100k-200k with 198 originations, totaling $28,780,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 186 $33,040,000 $177,634
    60-80% 115 $17,775,000 $154,565
    40-60% 45 $5,605,000 $124,556
    20-40% 39 $2,655,000 $68,077
    Under 20% 32 $1,170,000 $36,563
    Over 100% 4 $1,800,000 $450,000

    Scottsbluff's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 186 originations, totaling $33,040,000 in origination value.