# CHARTER WEST BANK

> **Canonical URL:** https://saferate.com/lenders/charter-west-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


CHARTER WEST BANK is a bank, headquartered in West Point, NE, serving borrowers across 14 states, with 1,498 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 43% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 28% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300GG5XNEIGHQTG04
- **Headquarters:** West Point, NE
- **Geographic Reach:** Multi-Region
- **States Served:** 14
- **State List:** AR, AZ, CO, FL, IA, KS, MN, MO, MS, NE, OR, SD, TX, WI
- **Markets (MSAs):** 5
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 57/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 72/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.326%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,457
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,498
- **Dollar Volume:** $367 million
- **Applications Received:** 2,139
- **Market Share:** 4.00%

## Typical Borrower Profile

- **Average Loan Amount:** $245,154
- **Average Borrower Income:** $101,771
- **Average Property Value:** $285,741

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (63%)
- ⭐ **FHA Gold Superstar** (77%)
- ⭐ **VA Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 75/100 | 835 | +0.375% | $1,511 | Strong 😀 |
| FHA | 82/100 | 516 | +0.480% | $1,376 | Exceptional 🤩 |
| VA | 75/100 | 124 | -0.425% | $1,285 | Strong 😀 |
| USDA | 78/100 | 23 | -0.076% | $1,539 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 750 loans, Score: 76/100 (Strong)
- Refinance: 85 loans, Score: 64/100 (Strong)

**FHA:**
- Purchase: 501 loans, Score: 83/100 (Exceptional)

**VA:**
- Purchase: 118 loans, Score: 75/100 (Strong)

**USDA:**
- Purchase: 23 loans, Score: 78/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 81/100 | 1,392 | $342M | +0.308% | Exceptional 🤩 |
| Refinance | 65/100 | 106 | $25M | +0.500% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NE | 1,346 | 6.29% | 100/100 |
| IA | 122 | 0.34% | 64/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Omaha, NE | NE-IA | 750 | 99/100 |
| Non |  | 457 | 72/100 |
| Lincoln, NE | NE | 184 | 82/100 |
| Grand Island, NE | NE | 66 | 98/100 |
| Sioux City, IA |  | 22 | 52/100 |

## Where This Lender Ranks

CHARTER WEST BANK appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Omaha, NE for FHA Loans
  - [View Full Rankings](https://saferate.com/omaha-ne/best-mortgage-lenders/fha-loans)
- 🥈 **#2** in Omaha, NE for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/omaha-ne/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Iowa for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Grand Island, NE for FHA Loans
  - [View Full Rankings](https://saferate.com/grand-island-ne/best-mortgage-lenders/fha-loans)
- 🥈 **#2** in Grand Island, NE for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/grand-island-ne/best-mortgage-lenders/banks/fha-loans)
- 🥉 **#3** in Nebraska for FHA Loans
  - [View Full Rankings](https://saferate.com/nebraska/best-mortgage-lenders/fha-loans)
- 🥉 **#3** in Nebraska for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nebraska/best-mortgage-lenders/banks/fha-loans)
- 🥉 **#3** in Sioux City, IA for FHA Loans
  - [View Full Rankings](https://saferate.com/sioux-city-ia/best-mortgage-lenders/fha-loans)
- 🥉 **#3** in Sioux City, IA for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/sioux-city-ia/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#4** in Omaha, NE for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/omaha-ne/best-mortgage-lenders/banks/va-loans)
- 🏆 **#4** in Lincoln, NE for FHA Loans
  - [View Full Rankings](https://saferate.com/lincoln-ne/best-mortgage-lenders/fha-loans)
- 🏆 **#4** in Lincoln, NE for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/lincoln-ne/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#4** in Lincoln, NE for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/lincoln-ne/best-mortgage-lenders/banks/va-loans)
- 🏆 **#4** in Grand Island, NE
  - [View Full Rankings](https://saferate.com/grand-island-ne/best-mortgage-lenders)
- 🏆 **#4** in Grand Island, NE Banks
  - [View Full Rankings](https://saferate.com/grand-island-ne/best-mortgage-lenders/banks)
- 🏆 **#5** in Nebraska for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nebraska/best-mortgage-lenders/banks/va-loans)
- 🏆 **#5** in Nebraska for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nebraska/best-mortgage-lenders/banks/usda-loans)
- 🏆 **#5** in Lincoln, NE for VA Loans
  - [View Full Rankings](https://saferate.com/lincoln-ne/best-mortgage-lenders/va-loans)
- 🏆 **#5** in Iowa for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/banks/va-loans)
- 🏆 **#5** in Grand Island, NE for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/grand-island-ne/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does CHARTER WEST BANK offer?

CHARTER WEST BANK offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does CHARTER WEST BANK offer mortgages?

CHARTER WEST BANK offers mortgages in 14 states: AR, AZ, CO, FL, IA, KS, MN, MO, MS, NE, OR, SD, TX, WI.

### How competitive are CHARTER WEST BANK's mortgage rates?

CHARTER WEST BANK has a pricing score of 57/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.326% above market average.

### What type of lender is CHARTER WEST BANK?

CHARTER WEST BANK is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in West Point, NE.

### What is CHARTER WEST BANK's loan approval success rate?

CHARTER WEST BANK has a pull-through score of 72/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/charter-west-bank

### How to Cite

> "CHARTER WEST BANK Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/charter-west-bank

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