U.S. Bank National Association NMLS #402761
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Who is U.S. Bank National Association?
U.S. Bank National Association (NMLS #402761) is a lender listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Key Facts
- Lender or brokerU.S. Bank National Association
- NMLS #402761
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
- Biography reviewed byPaige Sutton, NMLS #1888684 ()
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Reported application outcomes and pricing, 2025
- Filed asU.S. Bank National Association
- 2025 home loan decisionsOf 126,933 applications decided by U.S. Bank National Association in 2025, 74,635 were originated, 2,108 were approved but not accepted by the borrower, and 50,190 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 60.5%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 18,437 applications were withdrawn by the borrower, 6,462 were closed for incompleteness, and 45,819 loans were purchased from another lender. HMDA counts these as outcomes in their own right — withdrawn before a decision, closed with no decision reached, and a purchased loan is one bought from another lender — and none of them is a lending decision.
- Median rate spread0.431 percentage points above the average prime offer rate (reported on 71,415 originations, 3,220 reported no spread at all — a median of what was reported, not of everything originated)
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Reported closing costs, 2025
- Median total loan costs$4,053.02 — originated closed-end household loans, 2025, 49,779 of 49,882 loans. FFIEC HMDA data browser.
- Median origination charges$1,345.00 — originated closed-end household loans, 2025, 49,779 of 49,882 loans. FFIEC HMDA data browser.
- Median lender credits$1,000.00 — originated closed-end household loans, 2025, 35,167 of 49,882 loans. FFIEC HMDA data browser.
- About these figuresThese are historical closing costs reported in the 2025 filing, not a quote for your loan.
Reported product mix, 2025
- Loan types71,454 Conventional, 1,958 FHA, 1,114 VA, 109 USDA — of 74,635 reported originations, 2025. FFIEC HMDA data browser.
Evidence read October 20, 2026
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for U.S. Bank National Association — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.
Bank facts
U.S. Bank National Association held $705,554,946,000 in total assets as of June 30, 2026, per the FDIC (certificate 6548). The FDIC and NMLS records both place it in Cincinnati, Ohio. FDIC deposit insurance covers deposits held at the bank. It is the bank's coverage and does not extend to any mortgage.
About U.S. Bank National Association
Overview
U.S. Bank National Association is a mortgage lender headquartered in Cincinnati. The company works with borrowers through U.S. Bank mortgage loan officers.
How it works
Borrowers can search for a U.S. Bank mortgage loan officer by location or by name, or call 855-797-2903 to speak with one. Mortgage loan officers can assist with prequalification, applications, and the underwriting and closing process.
Company details and licensing
U.S. Bank National Association is also connected with the trade name US Bank National Association. Its headquarters are at 425 Walnut Street, Cincinnati, Ohio 45202. The company’s NMLS ID is 402761, and its primary regulator is the Office of the Comptroller of the Currency.
Licensing is verifiable through NMLS Consumer Access.
Verify NMLS #402761 on NMLS Consumer Access
Sources
Sources last checked . These are the outside records this profile was written from. FreeRateUpdate is not affiliated with them, and they have not reviewed, endorsed, or approved FreeRateUpdate or this page.
Formation date and trade names come from NMLS registry records. FreeRateUpdate is not affiliated with NMLS, and NMLS has not reviewed, endorsed, or approved FreeRateUpdate or this page.
Frequently Asked Questions
What is U.S. Bank National Association's NMLS number?
U.S. Bank National Association's NMLS number is 402761. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified U.S. Bank National Association's NMLS ID?
Yes. We checked U.S. Bank National Association's company name and NMLS ID against the NMLS record on August 13, 2026. They've been in our lender network since December 2014. That confirms who the company is. It isn't an endorsement, and it doesn't check their license in any particular state.
Where can I learn more about U.S. Bank National Association?
This page has U.S. Bank National Association's NMLS identity, which we verified, and its company details, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.