Bank Of Luxemburg Mortgage Rates, Fees & Info

Luxemburg, WI

LEI: 5493005JOVFFHEU5TF17

Tax ID: 39-0147840

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

Jump to:

Mortgage Data

Bank Data

Review & Overview

Bank Of Luxemburg is a smaller bank specializing in Home Purchase loans. Bank Of Luxemburg has a high proportion of conventional loans. Their top markets by origination volume include: Green Bay, Manitowoc, Appleton, and Marinette among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

Bank Of Luxemburg 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.

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
30 Year Conventional Purchase 6.51% 3/17/24
30 Year Conventional Refi 7.05% 3/17/24
30 Year Cash-out Refi 6.66% 3/17/24
15 Year Conventional Purchase 6.12% 3/17/24
15 Year Conventional Refi 6.52% 3/17/24
15 Year Cash-out Refi 6.52% 3/17/24
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.

Bank Of Luxemburg Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Bank Of Luxemburg. 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

228

Origination Dollar Volume (All Markets)

$47,870,000

Employee count

94

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
GREEN BAY, WI (FHA|USDA|VA) 162 $36,360,000 $224,444 $0 0.00%
Outside of Metro Areas 53 $9,895,000 $186,698 $0 0.00%
Manitowoc, WI (FHA|USDA|VA) 9 $945,000 $105,000 $0 0.00%
APPLETON, WI (FHA|USDA|VA) 1 $375,000 $375,000 $0 0.00%
Marinette, WI-MI (FHA|USDA|VA) 3 $295,000 $98,333 $0 0.00%
Bank Of Luxemburg's top markets include Green Bay, Manitowoc, Appleton, and Marinette among others.

Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Bank of Luxemburg based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    UNISON CREDIT UNION
    Similarity Rank: 14
    CAPITAL Credit Union
    Similarity Rank: 64
    PCM
    Similarity Rank: 66
    FOX COMMUNITIES
    Similarity Rank: 184
    CoVantage Credit Union
    Similarity Rank: 336
    Community First Credit Union
    Similarity Rank: 405
    North Shore Bank FSB
    Similarity Rank: 456
    Bank First, N.A.
    Similarity Rank: 756
    Nicolet National Bank
    Similarity Rank: 1450

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 228 $47,870,000 $209,956 $0 0.00%

    For 2018, Bank Of Luxemburg's most frequently originated type of loan was Conventional, with 228 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 119 $34,685,000 $291,471 $0 0.00%
    Refi 63 $8,445,000 $134,048 $0 0.00%
    Other 20 $950,000 $47,500 $0 0.00%
    Cash Out Refi 18 $3,300,000 $183,333 $0 0.00%
    Home Improvement 8 $490,000 $61,250 $0 0.00%

    For 2018, Bank Of Luxemburg's most frequently cited loan purpose was Home Purchase, with 119 originations. The 2nd most popular reason was Refi, with 63 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 228 $47,870,000 $209,956 $0 0.00%

    For 2018, Bank Of Luxemburg's most frequently cited loan duration was Other, with 228 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 92 $5,120,000 $55,652 $0 0.00%
    $100k-200k 80 $11,560,000 $144,500 $0 0.00%
    $200k-400k 43 $11,245,000 $261,512 $0 0.00%
    $400k-600k 7 $3,225,000 $460,714 $0 0.00%
    $1MM+ 5 $15,795,000 $3,159,000 $0 0.00%
    $600k-1MM 1 $925,000 $925,000 $0 0.00%

    2018 saw Bank Of Luxemburg place emphasis on $100,000 or less loans with 92 originations, totaling $5,120,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 50 $6,190,000 $123,800 $0 0.00%
    $50k or less 45 $3,615,000 $80,333 $0 0.00%
    $100k-150k 43 $7,055,000 $164,070 $0 0.00%
    $75k-100k 33 $4,675,000 $141,667 $0 0.00%
    $150k-250k 17 $3,805,000 $223,824 $0 0.00%
    $250k+ 9 $3,745,000 $416,111 $0 0.00%

    Bank Of Luxemburg lent most frequently to those with incomes in the $50k-75k range, with 50 originations. The second most popular income band? $50k or less, with 45 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 228 $47,870,000 $209,956 $0 0.00%

    Bank Of Luxemburg lent most frequently to those with DTI ratios of Exempt%, with 228 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 195 $28,285,000 $145,051 $0 0.00%
    Not applicable 27 $18,405,000 $681,667 $0 0.00%
    Not provided 4 $870,000 $217,500 $0 0.00%
    Asian 2 $310,000 $155,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.46%

    Bank Of Luxemburg has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.72%

    Bank Of Luxemburg has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 228 $47,870,000 $209,956

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 8 $15,610,000 $1,951,250
    Single Family (1-4 Units):Manufactured 9 $535,000 $59,444
    Single Family (1-4 Units):Site-Built 211 $31,725,000 $150,355

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    BANK OF THE WEST Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 4 14.8%
    BANK OF THE WEST VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.7%
    BANK OF THE WEST Other type of mortgage Trouble during payment process 3 11.1%
    BANK OF THE WEST Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.7%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Trouble during payment process 5 18.5%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 3.7%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Incorrect information on your report 2 7.4%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Closing on a mortgage 1 3.7%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 4 14.8%
    BANK OF THE WEST FHA mortgage Closing on a mortgage 1 3.7%
    BANK OF THE WEST Conventional home mortgage Trouble during payment process 1 3.7%
    BANK OF THE WEST Conventional home mortgage Struggling to pay mortgage 1 3.7%
    BANK OF THE WEST Conventional home mortgage Closing on a mortgage 2 7.4%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Bank of Luxemburg 100 Old Orchard Ave Casco, WI 54205 Full Service B&M $17,421
    Bank of Luxemburg 1311 Bellevue Street Green Bay, WI 54302 Full Service B&M $42,216
    Bank of Luxemburg 510 Second Street Algoma, WI 54201 Full Service B&M $51,328
    Bank of Luxemburg 519 Lansing Avenue Sturgeon Bay, WI 54235 Full Service B&M $25,945
    Bank of Luxemburg 602 Center Drive Luxemburg, WI 54217 Limited, Drive-thru $0
    Bank of Luxemburg 630 Main Street Luxemburg, WI 54217 Full Service B&M $105,888
    Bank of Luxemburg 980 Marquette Drive Kewaunee, WI 54216 Full Service B&M $20,569
    Bank of Luxemburg State Route 57 And County Trunk S Dyckesville, WI 54217 Full Service B&M $26,863

    For 2018, Bank Of Luxemburg had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $14,636
    Net interest income $12,521
    Total noninterest income $3,234
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $615
    Trading account gains and fees $0
    Additional Noninterest Income $2,619
    Pre-tax net operating income $3,723
    Securities gains (or losses, -) $-20
    Income before extraordinary items $2,868
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,868
    Minority interest net income $0
    Net income $2,868
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,883

    Bank Of Luxemburg's gross interest income from loans was $14,636,000.
    Bank Of Luxemburg's net interest income from loans was $12,521,000.
    Bank Of Luxemburg's fee based income from loans was $615,000.
    Bank Of Luxemburg's net income from loans was $2,868,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,115
    Provision for credit losses $355
    Total noninterest expense $11,677
    Salaries and employee benefits $7,252
    Premises and equipment expense $1,254
    Additional noninterest expense $3,171
    Applicable income taxes $835
    Net charge-offs $220
    Cash dividends $637

    Bank Of Luxemburg's interest expense for loans was $2,115,000.
    Bank Of Luxemburg's payroll and benefits expense were $7,252,000.
    Bank Of Luxemburg's property, plant and equipment expenses $1,254,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $309,634
    Deposits held in domestic offices $309,634
    Deposits by Individuals, partnerships, and corporations $282,728
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $26,906
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $105,571
    Demand deposits $52,542
    Nontransaction accounts $204,063
    Money market deposit accounts (MMDAs) $14,747
    Other savings deposits (excluding MMDAs) $97,247
    Total time deposits $92,069
    Total time and savings deposits $257,092
    Noninterest-bearing deposits $52,854
    Interest-bearing deposits $256,781
    Retail deposits $289,365
    IRAs and Keogh plan accounts $10,767
    Brokered deposits $4,255
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $356,290
    Cash & Balances due from depository institutions $11,695
    Interest-bearing balances $4,673
    Total securities $45,957
    Federal funds sold & reverse repurchase $1,772
    Net loans and leases $277,429
    Loan and leases loss allowance $3,235
    Trading account assets $0
    Bank premises and fixed assets $7,584
    Other real estate owned $171
    Goodwill and other intangibles $1,647
    All other assets $10,035

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $356,290
    Total Liabilities $323,957
    Total deposits $309,634
    Interest-bearing deposits $256,781
    Deposits held in domestic offices $309,634
    % insured (estimated) $88
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $11,000
    Subordinated debt $0
    All other liabilities $3,323

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $277,429
    Loan and leases loss allowance $3,235
    Total loans and leases (domestic) $280,664
    All real estate loans $206,206
    Real estate loans in domestic offices $206,206
    Construction and development loans $29,086
    Residential 1-4 family construction $4,124
    Other construction, all land development and other land $24,962
    Loans secured by nonfarm nonresidential properties $89,254
    Nonfarm nonresidential secured by owner-occupied properties $36,002
    Commercial real estate & other non-farm, non-residential $53,252
    Multifamily residential real estate $9,141
    1-4 family residential loans $63,522
    Farmland loans $15,203
    Loans held in foreign offices $0
    Farm loans $4,204
    Commercial and industrial loans $56,424
    To non-U.S. addressees $0
    Loans to individuals $6,068
    Credit card loans $0
    Related Plans $47
    Consumer Auto Loans $3,776
    Other loans to individuals $2,245
    All other loans & leases $7,761
    Loans to foreign governments and official institutions $0
    Other loans $79
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $4,034
    Non 1-4 family restructured loans & leases $3,573
    Total loans and leases (foreign) $0

    Bank of Luxemburg had $277,429,000 of loans outstanding in 2018. $206,206,000 of loans were in real estate loans. $29,086,000 of loans were in development loans. $9,141,000 of loans were in multifamily mortgage loans. $63,522,000 of loans were in 1-4 family mortgage loans. $4,204,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,776,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 328 $62,817 $191,515
    Nonfarm, nonresidential loans - <$100k 107 $4,253 $39,748
    Nonfarm, nonresidential loans - $100-250k 113 $15,382 $136,124
    Nonfarm, nonresidential loans - $250k-1MM 108 $43,182 $399,833
    Commercial & Industrial, US addressed loans - <$1MM 1,000 $42,115 $42,115
    Commercial & Industrial, US addressed loans - <$100k 868 $17,450 $20,104
    Commercial & Industrial, US addressed loans - $100-250k 80 $8,827 $110,338
    Commercial & Industrial, US addressed loans - $250k-1MM 52 $15,838 $304,577
    Farmland loans - <$1MM 46 $6,072 $132,000
    Farmland loans - <$100k 16 $558 $34,875
    Farmland loans - $100-250k 19 $2,502 $131,684
    Farmland loans - $250k-1MM 11 $3,012 $273,818
    Agriculture operations loans - <$1MM 56 $2,846 $50,821
    Agriculture operations loans - <$100k 45 $930 $20,667
    Agriculture operations loans - $100-250k 5 $674 $134,800
    Agriculture operations loans - $250k-1MM 6 $1,242 $207,000