Nicolet National Bank Mortgage Rates, Fees & Info
Green Bay, WILEI: 38CFVD4YYFWD1FV7IM34
Tax ID: 39-1990426
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Mortgage Data
Review & Overview
Nicolet National Bank is a smaller bank specializing in Home Purchase loans. Nicolet National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Green Bay, Appleton, Eau Claire, Oshkosh, and Wausau among others. We have data for 76 markets. (Some data included below & more in-depth data is available with an active subscription.)Nicolet National 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. Nicolet National Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.38% | 12/16/24 |
| 30 Year Conventional Purchase | 6.93% | 12/16/24 |
| 30 Year Conventional Refi | 6.71% | 12/16/24 |
| 30 Year Cash-out Refi | 6.93% | 12/16/24 |
| 30 Year VA Purchase | 6.27% | 12/16/24 |
| 30 Year USDA Purchase | 6.27% | 12/16/24 |
| 15 Year Conventional Purchase | 6.61% | 12/16/24 |
| 15 Year Conventional Refi | 6.59% | 12/16/24 |
| 15 Year Cash-out Refi | 6.59% | 12/16/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Nicolet National Bank Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Nicolet National Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,444Origination Dollar Volume (All Markets)
$523,080,000Awards
Nicolet National Bank - 2023
Nicolet National Bank is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Nicolet National Bank's average 30 year fixed mortgage rate was
7.67%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 1.19%.
Relative Fees (Closing Costs)
Nicolet National Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $3,554.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 646 | $136,800,000 | $211,765 | $3,167 | 7.74% |
| GREEN BAY, WI (FHA|USDA|VA) | 603 | $119,275,000 | $197,803 | $2,890 | 7.86% |
| APPLETON, WI (FHA|USDA|VA) | 189 | $48,955,000 | $259,021 | $3,335 | 7.68% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 105 | $32,565,000 | $310,143 | $2,941 | 7.81% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 178 | $30,570,000 | $171,742 | $3,256 | 7.81% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 176 | $30,450,000 | $173,011 | $2,872 | 7.76% |
| Marquette, MI (FHA|USDA|VA) | 103 | $18,235,000 | $177,039 | $2,946 | 7.74% |
| Marinette, WI-MI (FHA|USDA|VA) | 72 | $10,090,000 | $140,139 | $2,372 | 7.81% |
| Traverse City, MI (FHA|USDA|VA) | 36 | $9,510,000 | $264,167 | $3,679 | 7.96% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 27 | $7,555,000 | $279,815 | $3,210 | 7.46% |
| Manitowoc, WI (FHA|USDA|VA) | 40 | $6,770,000 | $169,250 | $3,277 | 7.72% |
| Steamboat Springs, CO (FHA|USDA|VA) | 1 | $6,075,000 | $6,075,000 | $0 | 6.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 19 | $4,905,000 | $258,158 | $2,991 | 7.49% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 5 | $4,605,000 | $921,000 | $7,538 | 7.38% |
| Sault Ste. Marie, MI (FHA|USDA|VA) | 38 | $4,440,000 | $116,842 | $2,578 | 7.66% |
| Shawano, WI (FHA|USDA|VA) | 19 | $4,175,000 | $219,737 | $2,944 | 7.79% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 8 | $3,480,000 | $435,000 | $4,337 | 7.36% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 5 | $3,085,000 | $617,000 | $5,676 | 6.73% |
| Stevens Point, WI (FHA|USDA|VA) | 12 | $2,920,000 | $243,333 | $3,532 | 7.79% |
| Alpena, MI (FHA|USDA|VA) | 21 | $2,865,000 | $136,429 | $2,863 | 7.67% |
| MADISON, WI (FHA|USDA|VA) | 11 | $2,755,000 | $250,455 | $3,009 | 7.75% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 7 | $1,765,000 | $252,143 | $5,773 | 7.20% |
| Iron Mountain, MI-WI (FHA|USDA|VA) | 17 | $1,675,000 | $98,529 | $2,278 | 7.89% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $1,655,000 | $1,655,000 | $0 | 8.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $1,565,000 | $521,667 | $6,282 | 7.50% |
| Key West, FL (FHA|USDA|VA) | 1 | $1,525,000 | $1,525,000 | $11,199 | 7.13% |
| Escanaba, MI (FHA|USDA|VA) | 10 | $1,470,000 | $147,000 | $2,077 | 7.84% |
| Menomonie, WI (FHA|USDA|VA) | 6 | $1,330,000 | $221,667 | $3,123 | 7.92% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $3,099 | 8.00% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 7 | $1,105,000 | $157,857 | $2,694 | 7.48% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $1,100,000 | $550,000 | $4,503 | 6.69% |
| Cadillac, MI (FHA|USDA|VA) | 9 | $1,075,000 | $119,444 | $2,693 | 8.17% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $1,045,000 | $1,045,000 | $3,411 | 6.88% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 4 | $1,020,000 | $255,000 | $3,322 | 8.16% |
| FOND DU LAC, WI (FHA|USDA|VA) | 6 | $960,000 | $160,000 | $2,956 | 7.27% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $935,000 | $935,000 | $0 | 8.15% |
| TUCSON, AZ (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $5,122 | 6.71% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 7 | $885,000 | $126,429 | $3,127 | 8.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $5,320 | 6.38% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $3,810 | 7.91% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $6,714 | 7.13% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $4,613 | 6.50% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $6,041 | 7.25% |
| Whitewater, WI (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $3,671 | 7.69% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 8.75% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 8.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $5,329 | 6.50% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $1,940 | 7.25% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,721 | 7.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $2,906 | 6.13% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,097 | 7.13% |
| NILES, MI (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 8.25% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,473 | 6.38% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 9.13% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,335 | 8.13% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,905 | 7.25% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,364 | 7.63% |
| Salina, KS (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,529 | 6.63% |
| Houghton, MI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,148 | 7.88% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 7.75% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,673 | 6.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 8.00% |
| Alexandria, MN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 8.25% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,332 | 6.50% |
| Hutchinson, MN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,672 | 6.75% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,468 | 7.50% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,064 | 6.38% |
| Beaver Dam, WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,378 | 7.13% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,291 | 7.25% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 8.50% |
| Laramie, WY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 8.63% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.50% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,405 | 6.50% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 8.50% |
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 8.75% |
| Platteville, WI (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 7.50% |
Similar Lenders
We use machine learning to identify the top lenders compared against Nicolet National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,508 | $407,450,000 | $270,192 | $3,100 | 7.35% |
| HELOC | 936 | $115,630,000 | $123,536 | n/a | 8.43% |
For 2023, Nicolet National Bank's most frequently originated type of loan was Conventional, with 1,508 originations. Their 2nd most popular type was HELOC, with 936 originations.
Loan Reason
For 2023, Nicolet National Bank's most frequently cited loan purpose was Home Purchase, with 1,363 originations. The 2nd most popular reason was Home Improvement, with 508 originations.
Loan Duration/Length
For 2023, Nicolet National Bank's most frequently cited loan duration was 30 Year, with 1,770 originations. The 2nd most popular length was 15 Year, with 202 originations.
Origination Fees/Closing Costs
Nicolet National Bank's average total fees were $3,554, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,065 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 1,031 | $143,405,000 | $139,093 |
| 7-8% | 774 | $175,530,000 | $226,783 |
| 6-7% | 563 | $175,505,000 | $311,732 |
| 5-6% | 75 | $28,425,000 | $379,000 |
| 4-5% | 1 | $215,000 | $215,000 |
During 2023, Nicolet National Bank's average interest rate for loans was 7.67%, while their most frequently originated rate bucket for loans was Over 8%, with 1,031 originations.
Loan Sizing
2023 saw Nicolet National Bank place emphasis on $100,000 or less loans with 880 originations, totaling $46,410,000 in origination value.
Applicant Income
Nicolet National Bank lent most frequently to those with incomes in the $100k-150k range, with 535 originations. The second most popular income band? $150k-250k, with 381 originations.
Applicant Debt to Income Ratio
Nicolet National Bank lent most frequently to those with DTI ratios of 20-30%, with 496 originations. The next most common DTI ratio? 30-36%, with 351 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.88%
Nicolet National 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 origination90.51%
Nicolet National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 119.03 | 1 | $15,000 | $15,000 |
| 51.23 | 1 | $15,000 | $15,000 |
| 78.23 | 2 | $30,000 | $15,000 |
| 83.33 | 1 | $55,000 | $55,000 |
| 88.96 | 2 | $30,000 | $15,000 |
| NA | 2,437 | $522,935,000 | $214,581 |