Adams Bank & Trust Mortgage Interest Rate and Cost Review

Is Adams Bank & Trust a cheap or expensive mortgage lender? To help you shop for a mortgage, we compare the interest rates and closing costs charged by Adams Bank & Trust to those of other lenders for a comparable set of borrowers. Here is our review of Adams Bank & Trust nationally:

Review ItemAdams Bank & Trust
Interest Ratesimilar to other lenders (-0.02%)
Loan Related Closing Costssimilar to other lenders (-$49)
National Rate and Closing Cost Star Rating(3.5)

On average, Adams Bank & Trust’s interest rates were similar to those of other lenders (-0.02%). Its loan related closing costs were also similar to those of other lenders, with a difference of -$49. We maintain our independence by not accepting any money from the mortgage lenders we review. To visit Adams Bank & Trust, check out its website at:

Adams Bank & Trust’s Rate Review by City

Mortgage lenders often set different rates in different geographical markets. For our list of the top mortgage lenders by city, click here. In particular, among the cities we track Adams Bank & Trust was most active in:

  1. North Platte, NE
  2. Fort Collins, CO
  3. Colorado Springs, CO
  4. Denver, CO
  5. Lexington, NE

In addition, Adams Bank & Trust is our top ranked/best mortgage lender in terms of interest rate and closing costs in:

Adams Bank & Trust’s Rate Review by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, Adams Bank & Trust originated Conforming, FHA, Jumbo and VA mortgages for new home purchases. It also originated Conforming and VA mortgages for refinances. Its average interest rate and total loan related closing cost difference relative to other lenders for comparable borrowers by mortgages type is as follows.

New Purchase MortgagesConformingFHAJumboVA
Interest Rate Difference-0.04%-0.02%+0.01%-0.01%
Loan Related Closing Cost Difference-$6-$12-$3+$26
Cost Adjusted Rate Difference-0.04%-0.02%+0.01%-0.01%
National Star Rating(3.5)(3.5)(3.5)(3.5)
Refinance MortgagesConformingVA
Interest Rate Difference+0.01%-0.00%
Loan Related Closing Cost Difference-$131-$27
Cost Adjusted Rate Difference-0.00%-0.00%
Average Star Rating(3.5)(3.5)

As a summary, Adams Bank & Trust is similar to other lenders for Conforming, FHA, Jumbo and VA purchase mortgages. For refinancing mortgages, Adams Bank & Trust is similar to other lenders for Conforming and VA mortgage refinance. Nevertheless, individual circumstances can matter a lot for mortgage rates, and we always recommend shopping among several of our top mortgage lenders in your area before signing.

Other information about Adams Bank & Trust:

Registered name: Adams Bank & Trust
Registered city and state: Ogallala, NE, 69153
Regulator: Federal Reserve System (FRS)
Top holder: ADAGE, LLC

* Source of the data is Federal Financial Institutions Examination Council (FFIEC) and is for mortgages originated in the past year. Our comparable mortgages analysis controls for Adams Bank & Trust’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and commuting zone. Cost adjusted rates were computed based on each percent of the loan amount in above average loan related closing costs being worth +0.15 of a percentage point in interest rate. Furthermore, the amounts are regularized using a Bayesian approach to control for small samples.