Oostburg State Bank Mortgage Rates, Fees & Info
Oostburg, WILEI: 254900UDJNXYZSDOKI36
Tax ID: 39-0518520
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Oostburg State Bank is a smaller bank specializing in Home Purchase and Refi loans. Oostburg State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Sheboygan, Appleton, Milwaukee, Manitowoc, and Fond Du Lac among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Oostburg State Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
115Origination Dollar Volume (All Markets)
$20,965,000Top 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 |
|---|---|---|---|---|---|
| SHEBOYGAN, WI (FHA|USDA|VA) | 96 | $15,030,000 | $156,563 | $0 | 0.00% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $2,605,000 | $2,605,000 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 6 | $1,390,000 | $231,667 | $0 | 0.00% |
| Manitowoc, WI (FHA|USDA|VA) | 7 | $1,055,000 | $150,714 | $0 | 0.00% |
| FOND DU LAC, WI (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $0 | 0.00% |
| GREEN BAY, WI (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 0.00% |
| Iron Mountain, MI-WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 115 | $20,965,000 | $182,304 | $0 | 0.00% |
For 2023, Oostburg State Bank's most frequently originated type of loan was Conventional, with 115 originations.
Loan Reason
For 2023, Oostburg State Bank's most frequently cited loan purpose was Home Purchase, with 61 originations. The 2nd most popular reason was Refi, with 25 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 115 | $20,965,000 | $182,304 | $0 | 0.00% |
For 2023, Oostburg State Bank's most frequently cited loan duration was Other, with 115 originations.
Loan Sizing
2023 saw Oostburg State Bank place emphasis on $100,000 or less loans with 44 originations, totaling $2,190,000 in origination value.
Applicant Income
Oostburg State Bank lent most frequently to those with incomes in the $100k-150k range, with 29 originations. The second most popular income band? $150k-250k, with 26 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 115 | $20,965,000 | $182,304 | $0 | 0.00% |
Oostburg State Bank lent most frequently to those with DTI ratios of Exempt%, with 115 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.57%
Oostburg State Bank has an average approval rate.
Pick Rate
Approvals leading to origination94.78%
Oostburg State Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 115 | $20,965,000 | $182,304 |