# NexBank

> **Canonical URL:** https://saferate.com/lenders/nexbank

> **📋 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

NexBank is a bank, headquartered in Dallas, TX, serving borrowers nationwide, with 5,223 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 59% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 34% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300NWBS6MQJX15N44
- **Headquarters:** Dallas, TX
- **Geographic Reach:** National
- **States Served:** 50
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** wholesale
- **Direct Origination:** 0.2%
- **Brokered/Wholesale:** 99.8%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 41/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 66/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.343%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,179
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 5,223
- **Dollar Volume:** $2.2 billion
- **Applications Received:** 6,872
- **Market Share:** 15.00%

## Typical Borrower Profile

- **Average Loan Amount:** $412,609
- **Average Borrower Income:** $202,011

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (63%)
- ⭐ **Jumbo Gold Superstar** (62%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 78/100 | 4,889 | +0.336% | $2,248 | Strong 😀 |
| FHA | 56/100 | 44 | +0.570% | $3,204 | Sound ☺️ |
| VA | 40/100 | 16 | -0.389% | $114 | Acceptable 🙂 |
| Jumbo | 82/100 | 274 | +0.488% | $524 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 4,179 loans, Score: 79/100 (Strong)
- Refinance: 710 loans, Score: 68/100 (Strong)

**FHA:**
- Purchase: 40 loans, Score: 56/100 (Sound)

**Jumbo:**
- Purchase: 171 loans, Score: 81/100 (Exceptional)
- Refinance: 103 loans, Score: 86/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 75/100 | 4,406 | $1.8B | +0.347% | Strong 😀 |
| Refinance | 68/100 | 817 | $396M | +0.318% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 1,150 | 0.33% | 79/100 |
| CA | 602 | 0.21% | 71/100 |
| GA | 563 | 0.41% | 77/100 |
| IL | 280 | 0.22% | 69/100 |
| FL | 247 | 0.08% | 61/100 |
| MN | 222 | 0.34% | 68/100 |
| WI | 191 | 0.29% | 68/100 |
| AZ | 181 | 0.18% | 65/100 |
| WA | 165 | 0.19% | 66/100 |
| TN | 162 | 0.18% | 64/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Dallas | TX | 403 | 77/100 |
| Non |  | 389 | 65/100 |
| Atlanta | GA | 275 | 73/100 |
| Chicago | IL | 243 | 70/100 |
| Houston | TX | 209 | 68/100 |
| Minneapolis | MN-WI | 188 | 68/100 |
| Austin | TX | 182 | 74/100 |
| Phoenix | AZ | 148 | 64/100 |
| Fort Worth | TX | 135 | 70/100 |
| Marietta, GA | GA | 128 | 72/100 |
| Los Angeles | CA | 120 | 64/100 |
| Kansas City, MO | MO-KS | 94 | 61/100 |
| Milwaukee | WI | 91 | 64/100 |
| Riverside | CA | 85 | 59/100 |
| Savannah, GA | GA | 82 | 73/100 |

## Frequently Asked Questions

### What loan types does NexBank offer?

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

### Where does NexBank offer mortgages?

NexBank is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are NexBank's mortgage rates?

NexBank has a pricing score of 41/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.343% above market average.

### What type of lender is NexBank?

NexBank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Dallas, TX.

### What is NexBank's loan approval success rate?

NexBank has a pull-through score of 66/100 (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:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/nexbank

### How to Cite

> "NexBank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/nexbank

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