Wisconsin River Bank Mortgage Rates, Fees & Info
Sauk City, WILEI: 254900ZF5TG4BM7Y8P59
Tax ID: 39-1775770
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Wisconsin River Bank is a smaller bank specializing in Home Purchase loans. Wisconsin River Bank has a high proportion of conventional loans. Their top markets by origination volume include: Janesville, North Port, Cape Coral, Rockford, and Platteville among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Wisconsin River Bank has an above 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
23Origination Dollar Volume (All Markets)
$11,895,000Top 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) | 16 | $9,170,000 | $573,125 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $1,810,000 | $905,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| ROCKFORD, IL (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $0 | 0.00% |
| Platteville, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 23 | $11,895,000 | $517,174 | $0 | 0.00% |
For 2023, Wisconsin River Bank's most frequently originated type of loan was Conventional, with 23 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 22 | $11,790,000 | $535,909 | $0 | 0.00% |
| Refi | 1 | $105,000 | $105,000 | $0 | 0.00% |
For 2023, Wisconsin River Bank's most frequently cited loan purpose was Home Purchase, with 22 originations. The 2nd most popular reason was Refi, with 1 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 23 | $11,895,000 | $517,174 | $0 | 0.00% |
For 2023, Wisconsin River Bank's most frequently cited loan duration was Other, with 23 originations.
Loan Sizing
2023 saw Wisconsin River Bank place emphasis on $100k-200k loans with 9 originations, totaling $1,265,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $150k-250k | 4 | $380,000 | $95,000 | $0 | 0.00% |
| $250k+ | 1 | $175,000 | $175,000 | $0 | 0.00% |
| $50k-75k | 1 | $145,000 | $145,000 | $0 | 0.00% |
Wisconsin River Bank lent most frequently to those with incomes in the $150k-250k range, with 4 originations. The second most popular income band? $250k+, with 1 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 23 | $11,895,000 | $517,174 | $0 | 0.00% |
Wisconsin River Bank lent most frequently to those with DTI ratios of Exempt%, with 23 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.67%
Wisconsin River 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 origination73.91%
Wisconsin River Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 23 | $11,895,000 | $517,174 |