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Nebraska mortgage lending data

Midwest region · HMDA 2023 reporting year

In Nebraska, the 2023 mortgage denial rate was 12.1% — among the lowest denial rates in the country (-7.5 points vs the 19.6% national rate), ranking it #50 of 51. Lenders originated about 28,741 home-purchase and refinance loans (rank #37). The home-purchase denial rate was 8.4% and refinance 23.1%. By loan type, conventional loans were 82.0%, FHA 10.4%, VA 6.8% and USDA/RHS 0.8%. Informational data, not lending advice.

Source: HMDA Data Browser (FFIEC / CFPB). Data as of June 2026.

Nebraska mortgage lending at a glance

IndicatorNebraska
Total originations (purchase + refinance, 2023)28,741
Denied applications3,953
Mortgage denial rate12.1%
Denial-rate rank (1 = highest of 51)#50
Home-purchase denial rate8.4%
Refinance denial rate23.1%
Volume rank (1 = most loans of 51)#37

Source: HMDA Data Browser (FFIEC / CFPB) (2023 reporting year). Data as of June 2026.

Source: HMDA Data Browser (2023), public domain. Denial rate = denied ÷ (originated + denied). Informational only — verify before relying on it.

What the denial rate means

Nebraska's mortgage denial rate of 12.1% means that for every 100 applications that were either approved-and-originated or denied, about 12 were turned down. That is much lower compared with the national figure of 19.6%. Denial rates are driven by applicant credit scores, debt-to-income ratios, the loan type and local home prices — not only by how strict lenders are. Refinance applications are often denied at a different rate than purchase loans: in Nebraska the purchase denial rate was 8.4% versus 23.1% for refinances.

Nebraska loan-type mix

How Nebraska's 28,741 originations break down by loan program. A higher FHA or VA share usually points to more first-time buyers, lower down payments, or a large veteran population.

Loan typeOriginationsShare
Conventional29,05082.0%
FHA3,68610.4%
VA2,4266.8%
USDA / RHS2750.8%

Source: HMDA Data Browser (FFIEC / CFPB) (2023). Data as of June 2026.

See FHA vs VA vs conventional for what each program is. Shares are over loans with a reported type and may not sum to exactly 100% due to rounding.

States with a similar denial rate to Nebraska

Nebraska and its nearest peers by denial rate. Source: HMDA Data Browser (2023).
StateDenial rateOriginationsFHA shareVA share
Nebraska (this state)12.1%28,74110.4%6.8%
Minnesota12.2%81,2118.4%3.6%
South Dakota12.6%12,40211.7%8.0%
Iowa12.7%50,7838.3%4.1%
North Dakota11.5%9,64712.3%7.5%
Alaska13.5%8,34212.2%23.2%

Frequently asked questions

What was the mortgage denial rate in Nebraska in 2023?

In 2023, the mortgage denial rate in Nebraska was about 12.1% — that is, 3,953 applications were denied out of 32,694 that were either originated or denied. That is -7.5 points versus the national rate of 19.6%, and ranks Nebraska #50 of 51 from highest to lowest. Figures are from HMDA; verify before relying on them.

How many mortgages were originated in Nebraska?

Lenders originated about 28,741 home-purchase and refinance loans in Nebraska in 2023 (HMDA reporting year), ranking it #37 of 51 by volume. Of those, the home-purchase denial rate was 8.4% and the refinance denial rate was 23.1%.

What share of Nebraska mortgages are FHA or VA loans?

In Nebraska, FHA loans made up about 10.4% of originations and VA loans about 6.8%, with conventional loans the largest share at 82.0% and USDA/RHS loans 0.8%. Higher government-backed shares often reflect more first-time and lower-down-payment buyers.

Is it harder to get a mortgage in Nebraska than elsewhere?

Nebraska's denial rate of 12.1% is among the lowest denial rates in the country. Denial rates reflect applicant credit, income and debt, loan type and local home prices as much as lender behavior, so a higher rate does not by itself mean stricter lenders. States with the most similar denial rates to Nebraska are Minnesota, South Dakota, Iowa.

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Sources & accuracy

All counts are from the HMDA Data Browser (FFIEC / CFPB, 2023 reporting year, public domain). Denial rate, loan-type shares and ranks are transparent calculations over those counts (see methodology). This page is informational and is not financial or lending advice — verify with a licensed lender before making a decision.

Last updated: 2026-06-20