Bank Of Luxemburg Mortgage Rates, Fees & Info

Luxemburg, WI

LEI: 5493005JOVFFHEU5TF17

Tax ID: 39-0147840

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Mortgage Data

Bank Data

Review & Overview

Bank Of Luxemburg is a smaller bank specializing in Refi and Home Purchase loans. Bank Of Luxemburg has a high proportion of conventional loans. Their top markets by origination volume include: Green Bay, Manitowoc, Appleton, Marinette, and Shawano among others. We have data for 12 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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.51% 3/28/24
30 Year Conventional Refi 7.05% 3/28/24
30 Year Cash-out Refi 6.66% 3/28/24
15 Year Conventional Purchase 6.12% 3/28/24
15 Year Conventional Refi 6.52% 3/28/24
15 Year Cash-out Refi 6.52% 3/28/24
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

754

Origination Dollar Volume (All Markets)

$133,200,000

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) 537 $91,055,000 $169,562 $0 0.00%
Outside of Metro Areas 173 $34,685,000 $200,491 $0 0.00%
Manitowoc, WI (FHA|USDA|VA) 12 $2,140,000 $178,333 $0 0.00%
APPLETON, WI (FHA|USDA|VA) 11 $1,895,000 $172,273 $0 0.00%
Marinette, WI-MI (FHA|USDA|VA) 10 $1,370,000 $137,000 $0 0.00%
Shawano, WI (FHA|USDA|VA) 4 $1,100,000 $275,000 $0 0.00%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $210,000 $105,000 $0 0.00%
Beaver Dam, WI (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
Stevens Point, WI (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
Bank Of Luxemburg's top markets include Green Bay, Manitowoc, Appleton, Marinette, and Shawano among others.

Their top states include:
  • Wisconsin (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 754 $133,200,000 $176,658 $0 0.00%

    For 2020, Bank Of Luxemburg's most frequently originated type of loan was Conventional, with 754 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 377 $67,125,000 $178,050 $0 0.00%
    Home Purchase 212 $39,570,000 $186,651 $0 0.00%
    Cash Out Refi 148 $25,100,000 $169,595 $0 0.00%
    Other 10 $840,000 $84,000 $0 0.00%
    Home Improvement 7 $565,000 $80,714 $0 0.00%

    For 2020, Bank Of Luxemburg's most frequently cited loan purpose was Refi, with 377 originations. The 2nd most popular reason was Home Purchase, with 212 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 754 $133,200,000 $176,658 $0 0.00%

    For 2020, Bank Of Luxemburg's most frequently cited loan duration was Other, with 754 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 376 $54,860,000 $145,904 $0 0.00%
    $200k-400k 175 $45,565,000 $260,371 $0 0.00%
    $100,000 or less 173 $12,075,000 $69,798 $0 0.00%
    $400k-600k 25 $11,415,000 $456,600 $0 0.00%
    $1MM+ 3 $7,625,000 $2,541,667 $0 0.00%
    $600k-1MM 2 $1,660,000 $830,000 $0 0.00%

    2020 saw Bank Of Luxemburg place emphasis on $100k-200k loans with 376 originations, totaling $54,860,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 171 $31,745,000 $185,643 $0 0.00%
    $75k-100k 145 $22,985,000 $158,517 $0 0.00%
    $50k-75k 136 $18,870,000 $138,750 $0 0.00%
    $50k or less 114 $12,350,000 $108,333 $0 0.00%
    $150k-250k 83 $19,835,000 $238,976 $0 0.00%
    $250k+ 28 $10,650,000 $380,357 $0 0.00%

    Bank Of Luxemburg lent most frequently to those with incomes in the $100k-150k range, with 171 originations. The second most popular income band? $75k-100k, with 145 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 754 $133,200,000 $176,658 $0 0.00%

    Bank Of Luxemburg lent most frequently to those with DTI ratios of Exempt%, with 754 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 679 $120,055,000 $176,811 $0 0.00%
    Not applicable 54 $10,130,000 $187,593 $0 0.00%
    Not provided 17 $2,205,000 $129,706 $0 0.00%
    Asian 3 $635,000 $211,667 $0 0.00%
    American Indian 1 $175,000 $175,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.85%

    Bank Of Luxemburg has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.06%

    Bank Of Luxemburg has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 754 $133,200,000 $176,658

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 2 $780,000 $390,000
    Multifamily:Site-Built 11 $10,015,000 $910,455
    Single Family (1-4 Units):Manufactured 34 $2,580,000 $75,882
    Single Family (1-4 Units):Site-Built 707 $119,825,000 $169,484

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    BANK OF THE WEST Conventional home mortgage Incorrect information on your report 1 3.8%
    BANK OF THE WEST Conventional home mortgage Closing on a mortgage 2 7.7%
    BANK OF THE WEST Other type of mortgage Trouble during payment process 4 15.4%
    BANK OF THE WEST Other type of mortgage Struggling to pay mortgage 2 7.7%
    BANK OF THE WEST Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.8%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Trouble during payment process 6 23.1%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 3.8%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Closing on a mortgage 2 7.7%
    BANK OF THE WEST Conventional home mortgage Trouble during payment process 4 15.4%
    BANK OF THE WEST Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 7.7%
    BANK OF THE WEST Conventional home mortgage Struggling to pay mortgage 1 3.8%

    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 $26,629
    Bank of Luxemburg 1311 Bellevue Street Green Bay, WI 54302 Full Service B&M $58,281
    Bank of Luxemburg 510 Second Street Algoma, WI 54201 Full Service B&M $59,415
    Bank of Luxemburg 519 Lansing Avenue Sturgeon Bay, WI 54235 Full Service B&M $47,522
    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 $133,804
    Bank of Luxemburg 980 Marquette Drive Kewaunee, WI 54216 Full Service B&M $26,317
    Bank of Luxemburg State Route 57 And County Trunk S Dyckesville, WI 54217 Full Service B&M $33,874

    For 2020, Bank Of Luxemburg had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $18,637
    Net interest income $15,844
    Total noninterest income $6,882
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $499
    Trading account gains and fees $0
    Additional Noninterest Income $6,383
    Pre-tax net operating income $8,890
    Securities gains (or losses, -) $55
    Income before extraordinary items $6,689
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,689
    Minority interest net income $0
    Net income $6,689
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,645

    Bank Of Luxemburg's gross interest income from loans was $18,637,000.
    Bank Of Luxemburg's net interest income from loans was $15,844,000.
    Bank Of Luxemburg's fee based income from loans was $499,000.
    Bank Of Luxemburg's net income from loans was $6,689,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,793
    Provision for credit losses $1,155
    Total noninterest expense $12,681
    Salaries and employee benefits $7,717
    Premises and equipment expense $1,211
    Additional noninterest expense $3,753
    Applicable income taxes $2,256
    Net charge-offs $16
    Cash dividends $938

    Bank Of Luxemburg's interest expense for loans was $2,793,000.
    Bank Of Luxemburg's payroll and benefits expense were $7,717,000.
    Bank Of Luxemburg's property, plant and equipment expenses $1,211,000.

    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 $418,656
    Deposits held in domestic offices $418,656
    Deposits by Individuals, partnerships, and corporations $385,266
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $33,390
    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 $163,524
    Demand deposits $85,003
    Nontransaction accounts $255,132
    Money market deposit accounts (MMDAs) $23,493
    Other savings deposits (excluding MMDAs) $134,182
    Total time deposits $97,458
    Total time and savings deposits $333,653
    Noninterest-bearing deposits $85,301
    Interest-bearing deposits $333,355
    Retail deposits $397,471
    IRAs and Keogh plan accounts $12,192
    Brokered deposits $3,500
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $479,438
    Cash & Balances due from depository institutions $47,853
    Interest-bearing balances $28,120
    Total securities $102,760
    Federal funds sold & reverse repurchase $1,390
    Net loans and leases $306,916
    Loan and leases loss allowance $4,221
    Trading account assets $0
    Bank premises and fixed assets $7,419
    Other real estate owned $499
    Goodwill and other intangibles $1,715
    All other assets $10,886

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $479,438
    Total Liabilities $436,369
    Total deposits $418,656
    Interest-bearing deposits $333,355
    Deposits held in domestic offices $418,656
    % insured (estimated) $85
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $14,000
    Subordinated debt $0
    All other liabilities $3,713

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $306,916
    Loan and leases loss allowance $4,221
    Total loans and leases (domestic) $311,137
    All real estate loans $222,812
    Real estate loans in domestic offices $222,812
    Construction and development loans $15,025
    Residential 1-4 family construction $5,851
    Other construction, all land development and other land $9,174
    Loans secured by nonfarm nonresidential properties $115,523
    Nonfarm nonresidential secured by owner-occupied properties $49,902
    Commercial real estate & other non-farm, non-residential $65,621
    Multifamily residential real estate $8,057
    1-4 family residential loans $66,745
    Farmland loans $17,462
    Loans held in foreign offices $0
    Farm loans $3,052
    Commercial and industrial loans $69,069
    To non-U.S. addressees $0
    Loans to individuals $6,400
    Credit card loans $0
    Related Plans $33
    Consumer Auto Loans $4,306
    Other loans to individuals $2,061
    All other loans & leases $9,804
    Loans to foreign governments and official institutions $0
    Other loans $57
    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 $4,684
    Non 1-4 family restructured loans & leases $4,684
    Total loans and leases (foreign) $0

    Bank of Luxemburg had $306,916,000 of loans outstanding in 2020. $222,812,000 of loans were in real estate loans. $15,025,000 of loans were in development loans. $8,057,000 of loans were in multifamily mortgage loans. $66,745,000 of loans were in 1-4 family mortgage loans. $3,052,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,306,000 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 393 $80,905 $205,865
    Nonfarm, nonresidential loans - <$100k 118 $4,837 $40,992
    Nonfarm, nonresidential loans - $100-250k 137 $19,328 $141,080
    Nonfarm, nonresidential loans - $250k-1MM 138 $56,740 $411,159
    Commercial & Industrial, US addressed loans - <$1MM 1,291 $58,408 $45,242
    Commercial & Industrial, US addressed loans - <$100k 1,107 $25,974 $23,463
    Commercial & Industrial, US addressed loans - $100-250k 118 $13,813 $117,059
    Commercial & Industrial, US addressed loans - $250k-1MM 66 $18,621 $282,136
    Farmland loans - <$1MM 67 $9,893 $147,657
    Farmland loans - <$100k 21 $945 $45,000
    Farmland loans - $100-250k 30 $4,001 $133,367
    Farmland loans - $250k-1MM 16 $4,947 $309,188
    Agriculture operations loans - <$1MM 55 $2,583 $46,964
    Agriculture operations loans - <$100k 47 $1,194 $25,404
    Agriculture operations loans - $100-250k 6 $799 $133,167
    Agriculture operations loans - $250k-1MM 2 $590 $295,000