Nicolet National Bank Mortgage Rates, Fees & Info

Green Bay, WI

LEI: 38CFVD4YYFWD1FV7IM34

Tax ID: 39-1990426

5 stars - Updated: 6/16/24 - out of 5 stars, based on 49 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.38% 6/16/24
30 Year Conventional Purchase 6.93% 6/16/24
30 Year Conventional Refi 6.71% 6/16/24
30 Year Cash-out Refi 6.93% 6/16/24
30 Year VA Purchase 6.27% 6/16/24
30 Year USDA Purchase 6.27% 6/16/24
15 Year Conventional Purchase 6.61% 6/16/24
15 Year Conventional Refi 6.59% 6/16/24
15 Year Cash-out Refi 6.59% 6/16/24
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

2,444

Origination Dollar Volume (All Markets)

$523,080,000

Awards

Nicolet National Bank 30 Year Conventional Loans silver Nicolet National Bank 30 Year Conventional Loans gold Nicolet National Bank 30 Year Conventional Loans bronze
Show all (3) awards

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%
Nicolet National Bank's top markets include Green Bay, Appleton, Eau Claire, Oshkosh, and Wausau among others.

Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Similar Lenders

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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

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,363 $407,435,000 $298,925 $3,573 7.38%
    Home Improvement 508 $41,020,000 $80,748 $795 8.40%
    Other 261 $25,095,000 $96,149 $1,280 8.32%
    Refi 252 $39,620,000 $157,222 $1,729 8.08%
    Cash Out Refi 60 $9,910,000 $165,167 $2,422 7.19%

    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

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,770 $386,460,000 $218,339 $3,554 7.67%
    15 Year 202 $23,940,000 $118,515 $1,697 7.62%
    1 Year 132 $32,100,000 $243,182 $0 8.39%
    Other 109 $37,145,000 $340,780 $3,560 8.30%
    5 Year 65 $15,325,000 $235,769 $465 8.19%
    3 Year 60 $15,550,000 $259,167 $0 8.03%
    20 Year 58 $9,390,000 $161,897 $2,997 7.76%
    10 Year 48 $3,170,000 $66,042 $1,027 7.83%

    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

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,065 $317,685,000 $298,296
    $<1k 182 $11,890,000 $65,330
    $2k-3k 9 $2,035,000 $226,111
    $3k-4k 6 $1,480,000 $246,667
    $5k+ 5 $2,035,000 $407,000
    $4k-5k 3 $725,000 $241,667

    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

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 880 $46,410,000 $52,739 $1,516 8.29%
    $200k-400k 680 $191,710,000 $281,926 $3,459 7.40%
    $100k-200k 605 $86,655,000 $143,231 $2,924 7.63%
    $400k-600k 165 $78,815,000 $477,667 $4,157 7.33%
    $600k-1MM 81 $60,065,000 $741,543 $4,691 7.12%
    $1MM+ 33 $59,425,000 $1,800,758 $5,995 7.02%

    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

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 535 $98,655,000 $184,402 $3,119 7.77%
    $150k-250k 381 $95,355,000 $250,276 $3,396 7.63%
    $50k-75k 367 $41,705,000 $113,638 $2,711 7.79%
    $75k-100k 357 $54,895,000 $153,768 $2,786 7.71%
    $250k+ 280 $126,620,000 $452,214 $4,054 7.52%
    $50k or less 225 $22,295,000 $99,089 $2,443 7.88%

    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

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 496 $94,610,000 $190,746 $3,008 7.64%
    30-36% 351 $71,445,000 $203,547 $2,989 7.63%
    <20% 179 $38,765,000 $216,564 $3,050 7.49%
    >60% 154 $48,100,000 $312,338 $3,570 7.75%
    50-60% 129 $31,525,000 $244,380 $3,280 8.00%
    42% 95 $15,685,000 $165,105 $3,112 8.03%
    36% 83 $16,365,000 $197,169 $3,022 7.72%
    43% 78 $14,780,000 $189,487 $3,855 7.77%
    37% 73 $11,055,000 $151,438 $2,879 7.92%
    41% 73 $15,615,000 $213,904 $3,221 7.85%
    39% 72 $14,730,000 $204,583 $3,353 7.82%
    44% 70 $13,650,000 $195,000 $3,126 7.60%
    40% 67 $11,085,000 $165,448 $2,786 7.80%
    38% 63 $9,155,000 $145,317 $2,924 7.85%
    45% 53 $7,795,000 $147,075 $2,851 7.78%
    46% 44 $9,690,000 $220,227 $3,114 7.59%
    49% 41 $8,045,000 $196,220 $3,077 7.69%
    48% 39 $6,745,000 $172,949 $3,111 7.59%
    47% 31 $4,675,000 $150,806 $2,917 7.68%

    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

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,099 $425,865,000 $202,889 $3,082 7.73%
    Not applicable 217 $70,695,000 $325,783 $0 8.14%
    Not provided 83 $16,045,000 $193,313 $3,394 7.65%
    Asian 25 $6,085,000 $243,400 $3,520 7.48%
    Black 4 $2,210,000 $552,500 $4,569 7.38%
    American Indian 14 $1,530,000 $109,286 $2,307 8.05%
    Native Hawaiian or Islander 2 $650,000 $325,000 $4,367 7.63%

    Approval Rates

    Total approvals of all applications
    95.88%

    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 origination
    90.51%

    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

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,444 $523,080,000 $214,026

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 468 $54,430,000 $116,303 $1,846 8.17%
    40-60% 321 $70,065,000 $218,271 $3,007 7.67%
    60-80% 549 $187,005,000 $340,628 $3,537 7.32%
    80-100% 583 $179,165,000 $307,316 $3,636 7.33%
    Over 100% 7 $4,825,000 $689,286 $6,200 8.21%
    Under 20% 513 $26,935,000 $52,505 $658 8.39%