Bank Of Milton Mortgage Rates, Fees & Info
Milton, WILEI: 254900FYMABY3EPG2K50
Tax ID: 39-0147920
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Bank Of Milton is a smaller bank specializing in Home Purchase loans. Bank Of Milton has a high proportion of conventional loans. Their top markets by origination volume include: Janesville, Milwaukee, Madison, Stevens Point, and Watertown among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank Of Milton has an average approval rate when compared to the average across all lenders. They have a below 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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
63Origination Dollar Volume (All Markets)
$12,355,000Top 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 |
|---|---|---|---|---|---|
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 49 | $9,225,000 | $188,265 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $860,000 | $215,000 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $0 | 0.00% |
| Stevens Point, WI (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| FOND DU LAC, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Bank of Milton based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 50
Similarity Rank: 136
Similarity Rank: 221
Similarity Rank: 315
Similarity Rank: 350
Similarity Rank: 377
Similarity Rank: 600
Similarity Rank: 663
Similarity Rank: 828
Similarity Rank: 850
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 63 | $12,355,000 | $196,111 | $0 | 0.00% |
For 2023, Bank Of Milton's most frequently originated type of loan was Conventional, with 63 originations.
Loan Reason
For 2023, Bank Of Milton's most frequently cited loan purpose was Home Purchase, with 38 originations. The 2nd most popular reason was Refi, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 63 | $12,355,000 | $196,111 | $0 | 0.00% |
For 2023, Bank Of Milton's most frequently cited loan duration was Other, with 63 originations.
Loan Sizing
2023 saw Bank Of Milton place emphasis on $100,000 or less loans with 28 originations, totaling $1,680,000 in origination value.
Applicant Income
Bank Of Milton lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $50k-75k, with 13 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 63 | $12,355,000 | $196,111 | $0 | 0.00% |
Bank Of Milton lent most frequently to those with DTI ratios of Exempt%, with 63 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.87%
Bank Of Milton has an average approval rate.
Pick Rate
Approvals leading to origination87.30%
Bank Of Milton has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 63 | $12,355,000 | $196,111 |