Which mortgage lender in the Omaha, NE area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Omaha, NE area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.
Going by historical data, the best mortgage lender in the Omaha, NE area in terms of interest rate is Veridian Credit Union, with an average “Rate Difference” of -0.38%. This means that, comparing similar borrowers, Veridian Credit Union provided a -0.38% lower interest rate for its customers than other lenders in the area. Veridian Credit Union has a market share of 3.4%. On the other hand, the most popular lender in the Omaha, NE area is First National Bank of Omaha, with a larger market share of 14.6%. First National Bank of Omaha is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.07% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Omaha, 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, going by historical data, the cheapest lender for Conventional mortgages in Omaha, NE is Veridian Credit Union. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is Wells Fargo Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is First National Bank of Omaha. The cheapest VA mortgage provider is Veridian Credit Union. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.
Ranking of Mortgage Lenders in Omaha, NE
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.03% | 31.78% | |
| US Bank | 0.00% | 22.48% | |
| Centris Federal Credit Union | 0.00% | 0.78% | |
| Cobalt Credit Union | 0.01% | 0.78% | |
| Quicken Loans | 0.01% | 1.55% | |
| Keller Mortgage | 0.01% | 0.78% | |
| Peoples Mortgage | 0.01% | 0.78% | |
| Bank in San Ramon | 0.01% | 1.55% | |
| Access Bank | 0.01% | 3.10% | |
| Plains Commerce Bank | 0.01% | 0.78% | |
| Core Bank | 0.02% | 4.65% | |
| Navy Federal Credit Union | 0.02% | 0.78% | |
| West Gate Bank | 0.02% | 2.33% | |
| Guild Mortgage Company | 0.02% | 1.55% | |
| Fairway Independent Mortgage Corporation | 0.02% | 0.78% | |
| First National Bank of Omaha | 0.02% | 5.43% | |
| American National Bank | 0.02% | 0.78% | |
| CMG Financial | 0.02% | 0.78% | |
| Bank of America | 0.02% | 1.55% | |
| Synergy One Lending | 0.02% | 0.78% | |
| Caliber Home Loans | 0.02% | 2.33% | |
| Union Bank and Trust | 0.03% | 0.78% | |
| State Farm Bank | 0.03% | 1.55% | |
| Regent Financial Group | 0.03% | 0.78% | |
| Metro Credit Union Mortgage | 0.03% | 0.78% | |
| Movement Mortgage | 0.03% | 0.78% | |
| JPMorgan Chase Bank | 0.04% | 6.20% | |
| Benchmark | 0.04% | 3.10% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.03% | 43.28% | |
| US Bank | 0.00% | 16.42% | |
| Keller Mortgage | 0.01% | 1.49% | |
| West Gate Bank | 0.02% | 1.49% | |
| Bank in San Ramon | 0.02% | 2.99% | |
| Access Bank | 0.02% | 4.48% | |
| Navy Federal Credit Union | 0.02% | 1.49% | |
| Caliber Home Loans | 0.02% | 2.99% | |
| Fairway Independent Mortgage Corporation | 0.02% | 1.49% | |
| JPMorgan Chase Bank | 0.03% | 2.99% | |
| Guild Mortgage Company | 0.03% | 1.49% | |
| First National Bank of Omaha | 0.03% | 8.96% | |
| American National Bank | 0.03% | 1.49% | |
| Bank of America | 0.03% | 2.99% | |
| Union Bank and Trust | 0.03% | 1.49% | |
| Movement Mortgage | 0.04% | 1.49% | |
| Benchmark | 0.05% | 2.99% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.04% | 19.35% | |
| Centris Federal Credit Union | -0.00% | 1.61% | |
| US Bank | -0.00% | 29.03% | |
| Cobalt Credit Union | -0.00% | 1.61% | |
| Quicken Loans | 0.00% | 3.23% | |
| Peoples Mortgage | 0.00% | 1.61% | |
| Access Bank | 0.00% | 1.61% | |
| Plains Commerce Bank | 0.01% | 1.61% | |
| First National Bank of Omaha | 0.01% | 1.61% | |
| Core Bank | 0.01% | 9.68% | |
| Guild Mortgage Company | 0.01% | 1.61% | |
| West Gate Bank | 0.01% | 3.23% | |
| CMG Financial | 0.02% | 1.61% | |
| Synergy One Lending | 0.02% | 1.61% | |
| State Farm Bank | 0.02% | 3.23% | |
| Regent Financial Group | 0.02% | 1.61% | |
| Metro Credit Union Mortgage | 0.02% | 1.61% | |
| Benchmark | 0.03% | 3.23% | |
| Caliber Home Loans | 0.03% | 1.61% | |
| JPMorgan Chase Bank | 0.04% | 9.68% |
* Data is compiled for the Omaha, NE commuting zone area, which comprises of counties of Harrison County, IA, Mills County, IA, Pottawattamie County, IA, Cass County, NE, Dodge County, NE, Douglas County, NE, Sarpy County, NE, Saunders County, NE, and Washington County, NE. This includes cities/towns/communities of Omaha, NE as well as Bellevue, NE, Council Bluffs, IA, Papillion, NE, Bennington, NE, Fremont, NE, La Vista, NE, Gretna, NE, Chalco, NE, Blair, NE, Plattsmouth, NE, La Platte, NE, Kennard, NE, Yutan, NE, Louisville, NE, Glenwood, IA, Valley, NE, Ralston, NE, Murray, NE, Springfield, NE, Weeping Water, NE, Ceresco, NE, Cedar Bluffs, NE, Silver City, IA, Fort Calhoun, NE, Waterloo, NE, Arlington, NE, Greenwood, NE, Scribner, NE, Carter Lake, IA, Wahoo, NE, Weston, IA, Emerson, IA, Treynor, IA, Ashland, NE, Missouri Valley, IA, Neola, IA, Modale, IA, Mondamin, IA, Underwood, IA, California Junction, IA, Walnut, IA, Carson, IA, Tabor, IA, North Bend, NE, Hancock, IA, River Sioux, IA, and Offutt AFB, NE. Lenders must have made at least 30 loans in the area to be included. Source of the data is 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 conditional on the commuting zone, 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 in Other Cities
This page contains information about the top mortgage lenders in the Omaha, NE area. For mortgage lender rankings in other cities, click here.