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First National Bank of Omaha

OMAHA, NE

First National Bank of Omaha processed 7,537 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 4,818 loans with a 17.0% denial rate. Home Purchase was the primary loan purpose. Based in OMAHA, NE. The approval rate of 63.9% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. First National Bank of Omaha's 63.9% origination rate tells you how often an application turned into funded money; the 17.0% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (7,032 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

7,537
Applications
4,818
Originated
17.0%
Denial Rate
$232,407
Avg Loan Amount
Avg Interest Rate: 6.952% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 7,032 4,473 1,250 $230,523
FHA 349 244 24 $235,774
VA 129 84 8 $343,140
USDA 27 17 1 $150,556

Top loan types - First National Bank of Omaha

Top loan types - First National Bank of Omaha Horizontal bar chart of the top 4 items by value (applications). Top loan types - First National Bank of Omaha Top 4 1. Conventional 7,032 2. FHA 349 3. VA 129 4. USDA 27 Top 5 loan types by application volume at First National Bank of Omaha (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for First National Bank of Omaha (LEI: LDVFX8JEECFFE8HRWA73) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
751
Credit history
631
Collateral
295
Other
48
Unverifiable information
25
Credit application incomplete
18
Insufficient cash
5
Employment history
5

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 3,573 2,476 $364,421
Home Improvement 1,533 978 $82,358
Refinancing 1,110 686 $165,793
Other 1,049 558 $75,629
Cash-out Refinancing 272 120 $220,441

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 6,037 64.8% 17.1%
Asian 201 46.8% 20.9%
Black or African American 167 47.3% 26.9%
Joint 114 59.6% 18.4%
American Indian or Alaska Native * 35 34.3% 34.3%
Native Hawaiian or Other Pacific Islander * 10 20.0% 60.0%
2 or more minority races * 4 75.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 5,279 65.7% 15.4%
Hispanic or Latino 1,092 53.4% 27.8%
Joint 234 61.5% 20.1%

Nearby Lenders in NE

Other HMDA-reporting lenders in NE with similar activity. Compare any two side-by-side.

West Gate Bank

Lincoln, NE

3,589 apps 2,003 originated 3.0% denied

Pinnacle Bank

LINCOLN, NE

3,058 apps 2,573 originated 5.0% denied

Charter West Bank

West Point, NE

2,250 apps 1,580 originated 7.3% denied

Centris Federal Credit Union

Omaha, NE

2,107 apps 1,318 originated 19.9% denied

Union Bank and Trust Company

Lincoln, NE

1,796 apps 1,299 originated 13.5% denied
Compare First National Bank of Omaha vs West Gate Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did First National Bank of Omaha process?
First National Bank of Omaha processed 7,537 mortgage applications in the 2024 HMDA reporting year. Of these, 4,818 were originated (approved and funded), 1,160 were withdrawn by the applicant, and 1,283 were denied.
What is First National Bank of Omaha's mortgage approval rate?
First National Bank of Omaha has an approval (origination) rate of 63.9%, meaning 63.9% of all applications resulted in a funded mortgage. The denial rate is 17.0%.
What is the average loan amount at First National Bank of Omaha?
The average mortgage loan amount at First National Bank of Omaha is $232,407. The average interest rate is 6.952%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at First National Bank of Omaha?
The most common reasons for mortgage denial at First National Bank of Omaha are: Debt-to-income ratio, Credit history, Collateral. In total, 1,283 applications were denied out of 7,537 total applications.
What types of mortgage loans does First National Bank of Omaha offer?
First National Bank of Omaha processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 7,032 applications and an average loan amount of $230,523.
What loan purposes does First National Bank of Omaha serve?
First National Bank of Omaha serves the following loan purposes: Home Purchase (3,573 applications), Home Improvement (1,533 applications), Refinancing (1,110 applications), Other (1,049 applications), Cash-out Refinancing (272 applications). Home Purchase is the most common purpose.
Where is First National Bank of Omaha located?
First National Bank of Omaha is headquartered in OMAHA, NE. The lender is identified by LEI LDVFX8JEECFFE8HRWA73 in HMDA data.
How does First National Bank of Omaha compare in lending across racial demographics?
First National Bank of Omaha reports demographic lending data under HMDA requirements. White applicants have an approval rate of 64.8% and denial rate of 17.1%; Asian applicants have an approval rate of 46.8% and denial rate of 20.9%; Black or African American applicants have an approval rate of 47.3% and denial rate of 26.9%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.