The Bank Of Brodhead Mortgage Rates, Fees & Info
Brodhead, WILEI: 549300200TL6RMY5ZN25
Tax ID: 39-0183840
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Bank Of Brodhead is a smaller bank specializing in Home Purchase and Refi loans. The Bank Of Brodhead has a high proportion of conventional loans. Their top markets by origination volume include: Madison, Janesville, Baraboo, Beaver Dam, and Green Bay among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)The Bank Of Brodhead 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
95Origination Dollar Volume (All Markets)
$23,105,000Top 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 |
|---|---|---|---|---|---|
| MADISON, WI (FHA|USDA|VA) | 45 | $13,035,000 | $289,667 | $0 | 0.00% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 38 | $6,510,000 | $171,316 | $0 | 0.00% |
| Baraboo, WI (FHA|USDA|VA) | 2 | $1,680,000 | $840,000 | $0 | 0.00% |
| Beaver Dam, WI (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $385,000 | $128,333 | $0 | 0.00% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| Freeport, IL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 95 | $23,105,000 | $243,211 | $0 | 0.00% |
For 2023, The Bank Of Brodhead's most frequently originated type of loan was Conventional, with 95 originations.
Loan Reason
For 2023, The Bank Of Brodhead's most frequently cited loan purpose was Home Purchase, with 58 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 | 95 | $23,105,000 | $243,211 | $0 | 0.00% |
For 2023, The Bank Of Brodhead's most frequently cited loan duration was Other, with 95 originations.
Loan Sizing
2023 saw The Bank Of Brodhead place emphasis on $200k-400k loans with 29 originations, totaling $7,715,000 in origination value.
Applicant Income
The Bank Of Brodhead lent most frequently to those with incomes in the $100k-150k range, with 18 originations. The second most popular income band? $75k-100k, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 95 | $23,105,000 | $243,211 | $0 | 0.00% |
The Bank Of Brodhead lent most frequently to those with DTI ratios of Exempt%, with 95 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.40%
The Bank Of Brodhead has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination87.37%
The Bank Of Brodhead has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 95 | $23,105,000 | $243,211 |