Marathon Bank Mortgage Rates, Fees & Info
Wausau, WILEI: 254900GG6WW4AAUFXJ50
Tax ID: 39-0449690
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Mortgage Data
Review & Overview
Marathon Bank is a smaller bank specializing in Home Purchase loans. Marathon Bank has a high proportion of conventional loans. Their top two markets are Wausau and Milwaukee .Marathon Bank 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.
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Originations
48Origination Dollar Volume (All Markets)
$9,710,000Top 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 |
|---|---|---|---|---|---|
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 34 | $3,990,000 | $117,353 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 9 | $3,145,000 | $349,444 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $2,575,000 | $515,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 48 | $9,710,000 | $202,292 | $0 | 0.00% |
For 2018, Marathon Bank's most frequently originated type of loan was Conventional, with 48 originations.
Loan Reason
For 2018, Marathon Bank's most frequently cited loan purpose was Home Purchase, with 27 originations. The 2nd most popular reason was Cash Out Refi, with 10 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 48 | $9,710,000 | $202,292 | $0 | 0.00% |
For 2018, Marathon Bank's most frequently cited loan duration was Other, with 48 originations.
Loan Sizing
2018 saw Marathon Bank place emphasis on $100,000 or less loans with 21 originations, totaling $1,085,000 in origination value.
Applicant Income
Marathon Bank lent most frequently to those with incomes in the $50k or less range, with 11 originations. The second most popular income band? $150k-250k, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 48 | $9,710,000 | $202,292 | $0 | 0.00% |
Marathon Bank lent most frequently to those with DTI ratios of Exempt%, with 48 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications76.32%
Marathon Bank has a below average approval rate.
Pick Rate
Approvals leading to origination81.25%
Marathon Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 48 | $9,710,000 | $202,292 |