Tomahawk Community Bank Ssb Mortgage Rates, Fees & Info

Tomahawk, WI

LEI: 2549004NNGKPRSS24037

Tax ID: 39-0660430

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Tomahawk Community Bank Ssb is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Tomahawk Community Bank Ssb has a high proportion of conventional loans. Their top markets by origination volume include: Wausau, Marinette, and Shawano among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Tomahawk Community Bank Ssb has an average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    195

    Origination Dollar Volume (All Markets)

    $30,015,000

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    WAUSAU-WESTON, WI (FHA|USDA|VA) 125 $17,365,000 $138,920 $0 0.00%
    Outside of Metro Areas 68 $12,510,000 $183,971 $0 0.00%
    Marinette, WI-MI (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
    Shawano, WI (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
    Tomahawk Community Bank Ssb's top markets include Wausau, Marinette, and Shawano among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 195 $30,015,000 $153,923 $0 0.00%

    For 2023, Tomahawk Community Bank Ssb's most frequently originated type of loan was Conventional, with 195 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 95 $17,685,000 $186,158 $0 0.00%
    Cash Out Refi 67 $8,235,000 $122,910 $0 0.00%
    Refi 23 $3,365,000 $146,304 $0 0.00%
    Home Improvement 8 $240,000 $30,000 $0 0.00%
    Other 2 $490,000 $245,000 $0 0.00%

    For 2023, Tomahawk Community Bank Ssb's most frequently cited loan purpose was Home Purchase, with 95 originations. The 2nd most popular reason was Cash Out Refi, with 67 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 195 $30,015,000 $153,923 $0 0.00%

    For 2023, Tomahawk Community Bank Ssb's most frequently cited loan duration was Other, with 195 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 75 $3,595,000 $47,933 $0 0.00%
    $100k-200k 66 $9,200,000 $139,394 $0 0.00%
    $200k-400k 46 $13,090,000 $284,565 $0 0.00%
    $400k-600k 6 $2,790,000 $465,000 $0 0.00%
    $600k-1MM 2 $1,340,000 $670,000 $0 0.00%

    2023 saw Tomahawk Community Bank Ssb place emphasis on $100,000 or less loans with 75 originations, totaling $3,595,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 41 $7,285,000 $177,683 $0 0.00%
    $50k or less 37 $2,615,000 $70,676 $0 0.00%
    $50k-75k 34 $3,980,000 $117,059 $0 0.00%
    $150k-250k 29 $6,585,000 $227,069 $0 0.00%
    $75k-100k 29 $4,235,000 $146,034 $0 0.00%
    $250k+ 9 $2,925,000 $325,000 $0 0.00%

    Tomahawk Community Bank Ssb lent most frequently to those with incomes in the $100k-150k range, with 41 originations. The second most popular income band? $50k or less, with 37 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 195 $30,015,000 $153,923 $0 0.00%

    Tomahawk Community Bank Ssb lent most frequently to those with DTI ratios of Exempt%, with 195 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 161 $23,045,000 $143,137 $0 0.00%
    Not provided 20 $4,520,000 $226,000 $0 0.00%
    Not applicable 12 $2,180,000 $181,667 $0 0.00%
    Asian 1 $165,000 $165,000 $0 0.00%
    American Indian 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.31%

    Tomahawk Community Bank Ssb has an average approval rate.

    Pick Rate

    Approvals leading to origination
    95.38%

    Tomahawk Community Bank Ssb has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 195 $30,015,000 $153,923

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    195 $30,015,000 $153,923