Bank Of Luxemburg Mortgage Rates, Fees & Info

Luxemburg, WI

LEI: 5493005JOVFFHEU5TF17

Tax ID: 39-0147840

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Bank Of Luxemburg is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Bank Of Luxemburg has a high proportion of conventional loans. Their top markets by origination volume include: Green Bay, Appleton, Marinette, Manitowoc, and Shawano among others. We have data for 11 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. Bank Of Luxemburg 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 about average 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
    30 Year Conventional Purchase 6.51% 4/28/24
    30 Year Conventional Refi 7.05% 4/28/24
    30 Year Cash-out Refi 6.66% 4/28/24
    15 Year Conventional Purchase 6.12% 4/28/24
    15 Year Conventional Refi 6.52% 4/28/24
    15 Year Cash-out Refi 6.52% 4/28/24
    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

    516

    Origination Dollar Volume (All Markets)

    $96,990,000

    Employee count

    96

    Awards

    Bank of Luxemburg 30 Year Conventional Loans silver
    Show all (1) awards

    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) 355 $60,965,000 $171,732 $2,604 3.26%
    Outside of Metro Areas 120 $29,440,000 $245,333 $2,861 3.08%
    APPLETON, WI (FHA|USDA|VA) 8 $1,630,000 $203,750 $2,419 3.58%
    Marinette, WI-MI (FHA|USDA|VA) 14 $1,390,000 $99,286 $2,382 3.57%
    Manitowoc, WI (FHA|USDA|VA) 6 $1,050,000 $175,000 $3,251 3.20%
    Shawano, WI (FHA|USDA|VA) 4 $970,000 $242,500 $1,834 2.69%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 5 $665,000 $133,000 $0 5.23%
    MADISON, WI (FHA|USDA|VA) 1 $385,000 $385,000 $2,091 2.88%
    Baraboo, WI (FHA|USDA|VA) 1 $335,000 $335,000 $4,547 3.00%
    Menomonie, WI (FHA|USDA|VA) 1 $105,000 $105,000 $4,306 3.13%
    Iron Mountain, MI-WI (FHA|USDA|VA) 1 $55,000 $55,000 $1,941 2.63%
    Bank Of Luxemburg's top markets include Green Bay, Appleton, Marinette, Manitowoc, and Shawano 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.

    CAPITAL Credit Union
    Similarity Rank: 165
    UNISON CREDIT UNION
    Similarity Rank: 252
    The Stephenson National Bank and Trust
    Similarity Rank: 360
    Fortifi Bank
    Similarity Rank: 540
    VERVE, A CREDIT UNION
    Similarity Rank: 552
    Denmark State Bank
    Similarity Rank: 578
    FOX COMMUNITIES
    Similarity Rank: 588
    Bank of Luxemburg
    Similarity Rank: 627
    Hometown Bank
    Similarity Rank: 798
    Landmark Credit Union
    Similarity Rank: 800

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 516 $96,990,000 $187,965 $2,673 3.24%

    For 2021, Bank Of Luxemburg's most frequently originated type of loan was Conventional, with 516 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 195 $35,895,000 $184,077 $3,022 3.77%
    Refi 189 $38,245,000 $202,354 $1,989 3.01%
    Cash Out Refi 117 $20,665,000 $176,624 $3,382 2.74%
    Other 13 $2,145,000 $165,000 $2,390 2.98%
    Home Improvement 2 $40,000 $20,000 $622 3.38%

    For 2021, Bank Of Luxemburg's most frequently cited loan purpose was Home Purchase, with 195 originations. The 2nd most popular reason was Refi, with 189 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 208 $39,360,000 $189,231 $3,147 3.08%
    15 Year 130 $19,490,000 $149,923 $2,175 2.53%
    10 Year 61 $18,565,000 $304,344 $1,802 3.92%
    20 Year 56 $7,890,000 $140,893 $2,576 3.32%
    Other 47 $10,275,000 $218,617 $1,300 4.32%
    5 Year 7 $265,000 $37,857 $362 6.01%
    1 Year 6 $810,000 $135,000 $0 4.66%
    3 Year 1 $335,000 $335,000 $0 5.29%

    For 2021, Bank Of Luxemburg's most frequently cited loan duration was 30 Year, with 208 originations. The 2nd most popular length was 15 Year, with 130 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 179 $24,795,000 $138,520
    $1k-2k 133 $20,885,000 $157,030
    $2k-3k 44 $9,220,000 $209,545
    $3k-4k 24 $6,120,000 $255,000
    $4k-5k 12 $3,130,000 $260,833
    $5k+ 10 $3,760,000 $376,000

    Bank Of Luxemburg's average total fees were $3,147, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 179 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 187 $31,775,000 $169,920
    <2.5% 119 $19,245,000 $161,723
    4-5% 97 $18,155,000 $187,165
    3-4% 94 $26,390,000 $280,745
    5-6% 11 $1,205,000 $109,545
    7-8% 7 $155,000 $22,143
    6-7% 1 $65,000 $65,000

    During 2021, Bank Of Luxemburg's average interest rate for loans was 3.08%, while their most frequently originated rate bucket for loans was 2.5-3%, with 187 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 249 $35,435,000 $142,309 $2,478 3.08%
    $100,000 or less 129 $9,215,000 $71,434 $1,875 3.60%
    $200k-400k 112 $30,280,000 $270,357 $3,370 3.13%
    $400k-600k 19 $9,365,000 $492,895 $5,223 3.27%
    $1MM+ 4 $10,590,000 $2,647,500 $0 3.86%
    $600k-1MM 3 $2,105,000 $701,667 $0 4.36%

    2021 saw Bank Of Luxemburg place emphasis on $100k-200k loans with 249 originations, totaling $35,435,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 112 $15,040,000 $134,286 $2,534 3.04%
    $100k-150k 86 $16,520,000 $192,093 $2,898 2.91%
    $75k-100k 81 $12,975,000 $160,185 $2,524 2.90%
    $50k or less 66 $7,330,000 $111,061 $2,555 3.58%
    $150k-250k 53 $12,005,000 $226,509 $2,908 2.80%
    $250k+ 18 $5,110,000 $283,889 $3,101 2.62%

    Bank Of Luxemburg lent most frequently to those with incomes in the $50k-75k range, with 112 originations. The second most popular income band? $100k-150k, with 86 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 136 $22,790,000 $167,574 $2,689 2.84%
    <20% 99 $13,365,000 $135,000 $2,190 2.80%
    30-36% 65 $11,625,000 $178,846 $2,907 3.16%
    36% 17 $2,585,000 $152,059 $2,452 3.29%
    38% 16 $2,870,000 $179,375 $2,733 2.86%
    43% 12 $2,630,000 $219,167 $3,465 2.88%
    37% 11 $1,455,000 $132,273 $3,079 3.38%
    42% 10 $1,710,000 $171,000 $3,279 3.00%
    39% 9 $1,195,000 $132,778 $2,061 3.03%
    45% 9 $1,965,000 $218,333 $2,991 3.45%
    40% 8 $2,060,000 $257,500 $3,762 3.14%
    41% 7 $1,375,000 $196,429 $2,330 2.86%
    44% 7 $1,595,000 $227,857 $3,184 3.02%
    48% 4 $710,000 $177,500 $3,534 2.97%
    46% 3 $825,000 $275,000 $4,050 2.96%
    47% 2 $300,000 $150,000 $2,296 3.19%
    49% 2 $370,000 $185,000 $4,889 3.06%

    Bank Of Luxemburg lent most frequently to those with DTI ratios of 20-30%, with 136 originations. The next most common DTI ratio? <20%, with 99 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 413 $69,325,000 $167,857 $2,676 2.99%
    Not applicable 87 $25,575,000 $293,966 $0 4.39%
    Not provided 13 $1,895,000 $145,769 $2,624 3.25%
    Asian 2 $160,000 $80,000 $0 2.38%
    American Indian 1 $35,000 $35,000 $2,169 5.88%

    Approval Rates

    Total approvals of all applications
    92.26%

    Bank Of Luxemburg has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.15%

    Bank Of Luxemburg has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 516 $96,990,000 $187,965

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    516 $96,990,000 $187,965

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 53 $8,105,000 $152,925 $1,688 2.65%
    40-60% 114 $23,680,000 $207,719 $2,084 2.94%
    60-80% 235 $45,585,000 $193,979 $3,173 3.34%
    80-100% 99 $18,475,000 $186,616 $3,278 3.60%
    Over 100% 4 $570,000 $142,500 $0 4.43%
    Under 20% 11 $575,000 $52,273 $1,201 3.40%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    BANK OF THE WEST Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 5 16.7%
    BANK OF THE WEST VA mortgage Trouble during payment process 1 3.3%
    BANK OF THE WEST Other type of mortgage Trouble during payment process 2 6.7%
    BANK OF THE WEST Other type of mortgage Struggling to pay mortgage 1 3.3%
    BANK OF THE WEST Other type of mortgage Closing on a mortgage 1 3.3%
    BANK OF THE WEST Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.3%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Trouble during payment process 3 10.0%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Closing on a mortgage 4 13.3%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 2 6.7%
    BANK OF THE WEST FHA mortgage Trouble during payment process 1 3.3%
    BANK OF THE WEST Conventional home mortgage Struggling to pay mortgage 2 6.7%
    BANK OF THE WEST Conventional home mortgage Closing on a mortgage 1 3.3%
    BANK OF THE WEST Conventional home mortgage Trouble during payment process 6 20.0%

    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 $31,406
    Bank of Luxemburg 1311 Bellevue Street Green Bay, WI 54302 Full Service B&M $64,847
    Bank of Luxemburg 325 Cardinal Lane Green Bay, WI 54313 Full Service B&M $0
    Bank of Luxemburg 510 Second Street Algoma, WI 54201 Full Service B&M $65,977
    Bank of Luxemburg 519 Lansing Avenue Sturgeon Bay, WI 54235 Full Service B&M $52,913
    Bank of Luxemburg 630 Main Street Luxemburg, WI 54217 Full Service B&M $153,138
    Bank of Luxemburg 9331 Spring Road, Unit 20 Fish Creek, WI 54212 Full Service B&M $5,731
    Bank of Luxemburg 980 Marquette Drive Kewaunee, WI 54216 Full Service B&M $31,323
    Bank of Luxemburg State Route 57 And County Trunk S Dyckesville, WI 54217 Full Service B&M $38,634

    For 2021, Bank Of Luxemburg had 9 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $19,011
    Net interest income $17,262
    Total noninterest income $6,317
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $460
    Trading account gains and fees $0
    Additional Noninterest Income $5,857
    Pre-tax net operating income $9,915
    Securities gains (or losses, -) $34
    Income before extraordinary items $7,437
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,437
    Minority interest net income $0
    Net income $7,437
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,410

    Bank Of Luxemburg's gross interest income from loans was $19,011,000.
    Bank Of Luxemburg's net interest income from loans was $17,262,000.
    Bank Of Luxemburg's fee based income from loans was $460,000.
    Bank Of Luxemburg's net income from loans was $7,437,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,749
    Provision for credit losses $250
    Total noninterest expense $13,414
    Salaries and employee benefits $8,233
    Premises and equipment expense $1,317
    Additional noninterest expense $3,864
    Applicable income taxes $2,512
    Net charge-offs $25
    Cash dividends $712

    Bank Of Luxemburg's interest expense for loans was $1,749,000.
    Bank Of Luxemburg's payroll and benefits expense were $8,233,000.
    Bank Of Luxemburg's property, plant and equipment expenses $1,317,000.

    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 $468,838
    Deposits held in domestic offices $468,838
    Deposits by Individuals, partnerships, and corporations $433,733
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $35,105
    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 $187,423
    Demand deposits $99,491
    Nontransaction accounts $281,415
    Money market deposit accounts (MMDAs) $30,380
    Other savings deposits (excluding MMDAs) $161,353
    Total time deposits $89,682
    Total time and savings deposits $369,347
    Noninterest-bearing deposits $100,317
    Interest-bearing deposits $368,521
    Retail deposits $450,179
    IRAs and Keogh plan accounts $12,476
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $535,277
    Cash & Balances due from depository institutions $49,993
    Interest-bearing balances $32,113
    Total securities $130,163
    Federal funds sold & reverse repurchase $2,398
    Net loans and leases $329,254
    Loan and leases loss allowance $4,446
    Trading account assets $0
    Bank premises and fixed assets $8,722
    Other real estate owned $0
    Goodwill and other intangibles $2,927
    All other assets $11,820

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $535,277
    Total Liabilities $487,669
    Total deposits $468,838
    Interest-bearing deposits $368,521
    Deposits held in domestic offices $468,838
    % insured (estimated) $85
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $15,000
    Subordinated debt $0
    All other liabilities $3,831

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $329,254
    Loan and leases loss allowance $4,446
    Total loans and leases (domestic) $333,700
    All real estate loans $252,101
    Real estate loans in domestic offices $252,101
    Construction and development loans $25,468
    Residential 1-4 family construction $10,619
    Other construction, all land development and other land $14,849
    Loans secured by nonfarm nonresidential properties $128,397
    Nonfarm nonresidential secured by owner-occupied properties $56,288
    Commercial real estate & other non-farm, non-residential $72,109
    Multifamily residential real estate $9,527
    1-4 family residential loans $71,096
    Farmland loans $17,613
    Loans held in foreign offices $0
    Farm loans $4,459
    Commercial and industrial loans $58,323
    To non-U.S. addressees $0
    Loans to individuals $5,961
    Credit card loans $0
    Related Plans $24
    Consumer Auto Loans $3,763
    Other loans to individuals $2,174
    All other loans & leases $12,856
    Loans to foreign governments and official institutions $0
    Other loans $37
    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 $1,718
    Non 1-4 family restructured loans & leases $1,718
    Total loans and leases (foreign) $0

    Bank of Luxemburg had $329,254,000 of loans outstanding in 2021. $252,101,000 of loans were in real estate loans. $25,468,000 of loans were in development loans. $9,527,000 of loans were in multifamily mortgage loans. $71,096,000 of loans were in 1-4 family mortgage loans. $4,459,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,763,000 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 395 $84,036 $212,749
    Nonfarm, nonresidential loans - <$100k 104 $4,610 $44,327
    Nonfarm, nonresidential loans - $100-250k 142 $20,513 $144,458
    Nonfarm, nonresidential loans - $250k-1MM 149 $58,913 $395,389
    Commercial & Industrial, US addressed loans - <$1MM 898 $49,666 $55,307
    Commercial & Industrial, US addressed loans - <$100k 723 $18,148 $25,101
    Commercial & Industrial, US addressed loans - $100-250k 111 $12,402 $111,730
    Commercial & Industrial, US addressed loans - $250k-1MM 64 $19,116 $298,688
    Farmland loans - <$1MM 61 $9,993 $163,820
    Farmland loans - <$100k 20 $870 $43,500
    Farmland loans - $100-250k 23 $3,543 $154,043
    Farmland loans - $250k-1MM 18 $5,580 $310,000
    Agriculture operations loans - <$1MM 75 $3,340 $44,533
    Agriculture operations loans - <$100k 64 $1,775 $27,734
    Agriculture operations loans - $100-250k 8 $818 $102,250
    Agriculture operations loans - $250k-1MM 3 $747 $249,000