Top Mortgage Lenders in Grand Island, NE

Which mortgage lender in the Grand Island, NE area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Grand Island, NE area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Grand Island, NE area is Home Federal Savings and Loan Association of Grand Island, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.09%. This means that Home Federal Savings and Loan Association of Grand Island provided a -0.09% lower interest rate for its customers than other lenders in Grand Island, NE for a similar set of borrowers. Home Federal Savings and Loan Association of Grand Island has a market share of 19.5%. It is the most popular lender in the area.

Our detailed rankings of the mortgage lenders for the Grand Island, NE area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Grand Island, NE is Home Federal Savings and Loan Association of Grand Island. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Pinnacle Bank – KMN. The cheapest VA mortgage provider is West Gate Bank. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Ranking of Mortgage Lenders in Grand Island, NE

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Home Federal Savings and Loan Association of Grand Island 1, -0.09% 19.53%
Pinnacle Bank – KMN 2, -0.03% 8.44%
West Gate Bank 3, -0.03% 17.55%
Gateway First Bank 4, 0.01% 16.23%
First National Bank Of Omaha 5, 0.01% 10.55%
Wells Fargo Bank 6, 0.06% 9.23%
Quicken Loans 7, 0.07% 13.98%
Peoples Mortgage Company 8, 0.14% 4.49%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
West Gate Bank 1, -0.05% 16.32%
Home Federal Savings and Loan Association of Grand Island 2, -0.03% 15.40%
Pinnacle Bank – KMN 3, -0.03% 8.97%
Wells Fargo Bank 4, -0.02% 8.05%
First National Bank Of Omaha 5, 0.00% 13.56%
Gateway First Bank 6, 0.01% 23.22%
Quicken Loans 7, 0.05% 6.90%
Peoples Mortgage Company 8, 0.14% 7.59%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Home Federal Savings and Loan Association of Grand Island 1, -0.14% 25.08%
Pinnacle Bank – KMN 2, -0.04% 7.74%
Gateway First Bank 3, -0.01% 6.81%
West Gate Bank 4, -0.00% 19.20%
Peoples Mortgage Company 5, 0.03% 0.31%
First National Bank Of Omaha 6, 0.04% 6.50%
Quicken Loans 7, 0.08% 23.53%
Wells Fargo Bank 8, 0.14% 10.84%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Home Federal Savings and Loan Association of Grand Island 1, -0.09% 24.74%
Pinnacle Bank – KMN 2, -0.03% 8.53%
West Gate Bank 3, -0.03% 21.16%
First National Bank Of Omaha 4, 0.02% 10.41%
Gateway First Bank 5, 0.03% 10.41%
Wells Fargo Bank 6, 0.06% 11.77%
Quicken Loans 7, 0.12% 10.07%
Peoples Mortgage Company 8, 0.17% 2.90%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
West Gate Bank 1, -0.05% 19.87%
Home Federal Savings and Loan Association of Grand Island 2, -0.03% 20.19%
Wells Fargo Bank 3, -0.02% 10.73%
Pinnacle Bank – KMN 4, -0.02% 8.52%
First National Bank Of Omaha 5, 0.01% 13.25%
Gateway First Bank 6, 0.03% 16.72%
Quicken Loans 7, 0.06% 5.36%
Peoples Mortgage Company 8, 0.17% 5.36%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Home Federal Savings and Loan Association of Grand Island 1, -0.14% 30.11%
Pinnacle Bank – KMN 2, -0.05% 8.55%
West Gate Bank 3, -0.00% 22.68%
Gateway First Bank 4, 0.00% 2.97%
First National Bank Of Omaha 5, 0.05% 7.06%
Wells Fargo Bank 6, 0.14% 13.01%
Quicken Loans 7, 0.15% 15.61%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pinnacle Bank – KMN 1, -0.06% 6.92%
Gateway First Bank 2, -0.02% 40.77%
First National Bank Of Omaha 3, -0.01% 13.08%
Quicken Loans 4, 0.00% 26.15%
Home Federal Savings and Loan Association of Grand Island 5, 0.01% 0.77%
Peoples Mortgage Company 6, 0.12% 12.31%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Pinnacle Bank – KMN 1, -0.07% 8.79%
Gateway First Bank 2, -0.03% 47.25%
First National Bank Of Omaha 3, -0.02% 16.48%
Home Federal Savings and Loan Association of Grand Island 4, 0.01% 1.10%
Quicken Loans 5, 0.05% 9.89%
Peoples Mortgage Company 6, 0.12% 16.48%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.00% 64.10%
Gateway First Bank 2, -0.00% 25.64%
Pinnacle Bank – KMN 3, 0.00% 2.56%
Peoples Mortgage Company 4, 0.04% 2.56%
First National Bank Of Omaha 5, 0.04% 5.13%
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Lender Name Rate Rank, Rate Difference Rate Rating Market Share
West Gate Bank 1, -0.03% 21.43%
Home Federal Savings and Loan Association of Grand Island 2, -0.03% 4.76%
Wells Fargo Bank 3, -0.01% 2.38%
Pinnacle Bank – KMN 4, -0.01% 11.90%
Peoples Mortgage Company 5, -0.01% 2.38%
Gateway First Bank 6, 0.00% 21.43%
First National Bank Of Omaha 7, 0.00% 4.76%
Quicken Loans 8, 0.03% 30.95%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
West Gate Bank 1, -0.03% 29.63%
Home Federal Savings and Loan Association of Grand Island 2, -0.02% 7.41%
Wells Fargo Bank 3, -0.01% 3.70%
Pinnacle Bank – KMN 4, -0.01% 14.81%
Peoples Mortgage Company 5, -0.00% 3.70%
First National Bank Of Omaha 6, 0.01% 7.41%
Quicken Loans 7, 0.03% 14.81%
Gateway First Bank 8, 0.04% 18.52%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gateway First Bank 1, -0.05% 26.67%
Pinnacle Bank – KMN 2, -0.01% 6.67%
West Gate Bank 3, -0.01% 6.67%
Quicken Loans 4, 0.02% 60.00%

* Data is compiled for the Grand Island, NE commuting zone area, which comprises of counties of Greeley County, NE, Hall County, NE, Hamilton County, NE, Howard County, NE, and Merrick County, NE. This includes cities/towns/communities of Grand Island, NE as well as Aurora, NE, St. Paul, NE, Central City, NE, Hampton, NE, Giltner, NE, Cairo, NE, Palmer, NE, Doniphan, NE, Wood River, NE, Clarks, NE, St. Libory, NE, and Spalding, NE. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Grand Island, NE area. For mortgage lender rankings of other cities, click here.