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, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Grand Island, NE area by interest rate and market share. Unlike our competitors, we maintain independence by not accepting any compensation from the mortgage lenders we rank. We 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 Grand Island, NE area in terms of interest rate is Home Federal Bank of Grand Island, with an average “Rate Difference” of -0.09%. This means that, comparing similar borrowers, Home Federal Bank of Grand Island provided a -0.09% lower interest rate for its customers than other lenders in the area. Home Federal Bank of Grand Island has a market share of 19.5%. It is the most popular lender in the Grand Island, NE area.

Our detailed ranking of mortgage lenders in 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 Bank 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. 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 Grand Island, NE

Mortgage Type:
Purchase/Refinance:
Lender NameRate DifferenceRate RatingMarket Share
Home Federal Bank of Grand Island-0.09%(4.0)19.53%
Pinnacle Bank – KMN-0.03%(3.5)8.44%
West Gate Bank-0.03%(3.5)17.55%
Gateway First Bank0.01%(3.5)16.23%
First National Bank of Omaha0.01%(3.5)10.55%
Wells Fargo Bank0.06%(3.0)9.23%
Quicken Loans0.07%(3.0)13.98%
Peoples Mortgage0.14%(3.0)4.49%
Lender NameRate DifferenceRate RatingMarket Share
West Gate Bank-0.05%(3.5)16.32%
Home Federal Bank of Grand Island-0.03%(3.5)15.40%
Pinnacle Bank – KMN-0.03%(3.5)8.97%
Wells Fargo Bank-0.02%(3.5)8.05%
First National Bank of Omaha0.00%(3.5)13.56%
Gateway First Bank0.01%(3.5)23.22%
Quicken Loans0.05%(3.0)6.90%
Peoples Mortgage0.14%(3.0)7.59%
Lender NameRate DifferenceRate RatingMarket Share
Home Federal Bank of Grand Island-0.14%(4.0)25.08%
Pinnacle Bank – KMN-0.04%(3.5)7.74%
Gateway First Bank-0.01%(3.5)6.81%
West Gate Bank-0.00%(3.5)19.20%
Peoples Mortgage0.03%(3.5)0.31%
First National Bank of Omaha0.04%(3.5)6.50%
Quicken Loans0.08%(3.0)23.53%
Wells Fargo Bank0.14%(3.0)10.84%
Lender NameRate DifferenceRate RatingMarket Share
Home Federal Bank of Grand Island-0.09%(4.0)24.74%
Pinnacle Bank – KMN-0.03%(3.5)8.53%
West Gate Bank-0.03%(3.5)21.16%
First National Bank of Omaha0.02%(3.5)10.41%
Gateway First Bank0.03%(3.5)10.41%
Wells Fargo Bank0.06%(3.0)11.77%
Quicken Loans0.12%(3.0)10.07%
Peoples Mortgage0.17%(2.5)2.90%
Lender NameRate DifferenceRate RatingMarket Share
West Gate Bank-0.05%(3.5)19.87%
Home Federal Bank of Grand Island-0.03%(3.5)20.19%
Wells Fargo Bank-0.02%(3.5)10.73%
Pinnacle Bank – KMN-0.02%(3.5)8.52%
First National Bank of Omaha0.01%(3.5)13.25%
Gateway First Bank0.03%(3.5)16.72%
Quicken Loans0.06%(3.0)5.36%
Peoples Mortgage0.17%(2.5)5.36%
Lender NameRate DifferenceRate RatingMarket Share
Home Federal Bank of Grand Island-0.14%(4.0)30.11%
Pinnacle Bank – KMN-0.05%(3.5)8.55%
West Gate Bank-0.00%(3.5)22.68%
Gateway First Bank0.00%(3.5)2.97%
First National Bank of Omaha0.05%(3.5)7.06%
Wells Fargo Bank0.14%(3.0)13.01%
Quicken Loans0.15%(3.0)15.61%
Lender NameRate DifferenceRate RatingMarket Share
Pinnacle Bank – KMN-0.06%(4.0)6.92%
Gateway First Bank-0.02%(3.5)40.77%
First National Bank of Omaha-0.01%(3.5)13.08%
Quicken Loans0.00%(3.5)26.15%
Home Federal Bank of Grand Island0.01%(3.5)0.77%
Peoples Mortgage0.12%(3.0)12.31%
Lender NameRate DifferenceRate RatingMarket Share
Pinnacle Bank – KMN-0.07%(4.0)8.79%
Gateway First Bank-0.03%(3.5)47.25%
First National Bank of Omaha-0.02%(3.5)16.48%
Home Federal Bank of Grand Island0.01%(3.5)1.10%
Quicken Loans0.05%(3.5)9.89%
Peoples Mortgage0.12%(3.0)16.48%
Lender NameRate DifferenceRate RatingMarket Share
Quicken Loans-0.00%(3.5)64.10%
Gateway First Bank-0.00%(3.5)25.64%
Pinnacle Bank – KMN0.00%(3.5)2.56%
Peoples Mortgage0.04%(3.5)2.56%
First National Bank of Omaha0.04%(3.5)5.13%
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Lender NameRate DifferenceRate RatingMarket Share
West Gate Bank-0.03%(3.5)21.43%
Home Federal Bank of Grand Island-0.03%(3.5)4.76%
Wells Fargo Bank-0.01%(3.5)2.38%
Pinnacle Bank – KMN-0.01%(3.5)11.90%
Peoples Mortgage-0.01%(3.5)2.38%
Gateway First Bank0.00%(3.5)21.43%
First National Bank of Omaha0.00%(3.5)4.76%
Quicken Loans0.03%(3.5)30.95%
Lender NameRate DifferenceRate RatingMarket Share
West Gate Bank-0.03%(3.5)29.63%
Home Federal Bank of Grand Island-0.02%(3.5)7.41%
Wells Fargo Bank-0.01%(3.5)3.70%
Pinnacle Bank – KMN-0.01%(3.5)14.81%
Peoples Mortgage-0.00%(3.5)3.70%
First National Bank of Omaha0.01%(3.5)7.41%
Quicken Loans0.03%(3.5)14.81%
Gateway First Bank0.04%(3.5)18.52%
Lender NameRate DifferenceRate RatingMarket Share
Gateway First Bank-0.05%(3.5)26.67%
Pinnacle Bank – KMN-0.01%(3.5)6.67%
West Gate Bank-0.01%(3.5)6.67%
Quicken Loans0.02%(3.5)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 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 Grand Island, NE area. For mortgage lender rankings in other cities, click here.