Merchants Bank · Nebraska · 2025

Merchants Bank in Nebraska: approval rate, denial rate and rates (2025)

Merchants Bank took 11 mortgage applications in Nebraska in 2025, ranking #243 of 565 lenders active in the state. It originated 27.3% of them and denied 27.3% (50.0% of the applications it decided), against a statewide denial rate of 12.5%.

11Applicationsin NE
50.0%Decision denial ratestate 15.1%
6.40%Median ratestate 6.63%
$135,000Median loanstate $185,000
$515kVolume4 counties

Merchants Bank in Nebraska vs the state

27.3%Denial rate+14.74 pts vs state
50.0%Decision denial rate+34.86 pts vs state
27.3%Origination rate-40.01 pts vs state
6.40%Median rate-0.22 pts vs state
-0.28Rate spread (pts)-0.50 pts vs state
$90kMedian applicant income
3Loans originated
3Denied

Trend in Nebraska

YearApplicationsOriginatedDenial rateMedian rateRank in state
20245320.0%6.53%#281
202511327.3%6.40%#243

What Merchants Bank lends in Nebraska

By loan purpose

Home purchase 8 73% · 25.0% denied
Refinance 3 27% · 33.3% denied

By loan type

Conventional 10 91% · 30.0% denied
USDA / RHS 1 9% · 0.0% denied

Why it denied Nebraska applicants

Insufficient cash 1 33%
Credit history 1 33%
Debt-to-income ratio 1 33%

Where in Nebraska

Counties with the most Merchants Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sarpy County 401 25.0%
Lancaster County 320 0.0%
Red Willow County 311 33.3%
Nuckolls County 101 100.0%

Other large lenders in Nebraska

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 3,38417.6%6.75%
Pinnacle BankB 3,3714.3%6.95%
First National Bank of OmahaC 2,90219.6%7.00%
Charter West BankC 2,2586.6%6.50%
U.S. BankD 2,16332.9%6.99%
Veridian Credit UnionB 2,0519.8%6.49%
West Gate BankA 2,0405.0%6.50%
CentrisB 2,00216.3%6.25%
Union Bank and TrustB 1,83510.0%6.50%
Mortgage Research CenterC 1,65112.5%6.25%

Frequently asked questions

Nebraska: 11 applications in 2025, of which 3 were originated and 3 denied.

27.3% of all applications, or 50.0% of the applications it actually decided on. The Nebraska statewide average across all lenders was 12.5%.

The median rate on loans Merchants Bank originated in Nebraska in 2025 was 6.40%, against a statewide median of 6.63%.

About this data. Figures are Merchants Bank's own HMDA filing for properties located in Nebraska, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology