Guide to refinancing in Nebraska. Current rates, state programs, costs, and lender options for Nebraska homeowners.
Nebraska offers affordable housing and low refinancing costs. From Omaha to Lincoln and across the Cornhusker State, here's what you need to know.
As of March 2026:
| Loan Type | Average Rate | |-----------|--------------| | 30-Year Fixed | 6.22% | | 15-Year Fixed | 5.54% | | FHA 30-Year | 6.17% | | VA 30-Year | 5.50% |
Use our refinance calculator.
NIFA programs:
Much of Nebraska qualifies for USDA loans outside Omaha and Lincoln.
Nebraska has Offutt Air Force Base. VA IRRRL available for veterans.
Very low costs:
| Cost Item | Typical Amount | |-----------|---------------| | Lender origination fee | $0 - $1,800 | | Appraisal | $350 - $500 | | Title insurance | $500 - $900 | | Recording fees | $25 - $50 | | Total typical closing costs | $2,500 - $5,000 |
Nebraska has no state mortgage tax on refinances.
Use our break-even calculator.
Refinance if rates dropped 0.75%+. Low costs mean quick break-even. See our cash-out guide.
Conventional, FHA Streamline, VA IRRRL, USDA Streamlined, Cash-Out all available.
1. How long does refinancing take? 25-35 days.
2. Will property taxes change? No.
3. Can I refinance agricultural property? For hobby farms and acreage, yes. Large farms may need Farm Credit lenders.
4. What credit score needed? 580 FHA, 620 conventional, 740+ best rates.
5. Can I keep my NIFA MCC? Yes, with participating lender.
Nebraska's low costs make refinancing attractive when rates drop 0.75%+.
Get quote: See rates here.
About the Author: Bill McCoy, licensed mortgage broker, 15 years experience.
Licensed mortgage broker with 15+ years of experience helping homeowners save money through refinancing. CA DRE #01212512.