Collins State Bank Mortgage Rates, Fees & Info
Collins, WILEI: 254900Z9CBWZF8ECUS45
Tax ID: 39-0218350
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Collins State Bank is a smaller bank specializing in Home Purchase loans. Collins State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Manitowoc, Milwaukee, Sheboygan, Appleton, and Whitewater among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)Collins 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.
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
215Origination Dollar Volume (All Markets)
$47,065,000Top 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 |
|---|---|---|---|---|---|
| Manitowoc, WI (FHA|USDA|VA) | 65 | $12,135,000 | $186,692 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 31 | $10,675,000 | $344,355 | $0 | 0.00% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 53 | $9,095,000 | $171,604 | $0 | 0.00% |
| APPLETON, WI (FHA|USDA|VA) | 37 | $5,865,000 | $158,514 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 2 | $1,520,000 | $760,000 | $0 | 0.00% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 2 | $1,280,000 | $640,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $1,025,000 | $1,025,000 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $955,000 | $191,000 | $0 | 0.00% |
| Beaver Dam, WI (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $0 | 0.00% |
| GREEN BAY, WI (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| Stevens Point, WI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| FOND DU LAC, WI (FHA|USDA|VA) | 3 | $245,000 | $81,667 | $0 | 0.00% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 215 | $47,065,000 | $218,907 | $0 | 0.00% |
For 2022, Collins State Bank's most frequently originated type of loan was Conventional, with 215 originations.
Loan Reason
For 2022, Collins State Bank's most frequently cited loan purpose was Home Purchase, with 109 originations. The 2nd most popular reason was Cash Out Refi, with 51 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 215 | $47,065,000 | $218,907 | $0 | 0.00% |
For 2022, Collins State Bank's most frequently cited loan duration was Other, with 215 originations.
Loan Sizing
2022 saw Collins State Bank place emphasis on $100k-200k loans with 91 originations, totaling $13,305,000 in origination value.
Applicant Income
Collins State Bank lent most frequently to those with incomes in the $100k-150k range, with 46 originations. The second most popular income band? $75k-100k, with 38 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 215 | $47,065,000 | $218,907 | $0 | 0.00% |
Collins State Bank lent most frequently to those with DTI ratios of Exempt%, with 215 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.16%
Collins State Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination92.09%
Collins State Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 215 | $47,065,000 | $218,907 |