Fond Du Lac Mortgage Rates, Fees & Info

Fond du Lac, WI

LEI: 54930064VBVLXORPKL16

Tax ID: 39-0936240

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

Jump to:

  • 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)

    • Review & Overview

    Fond Du Lac is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Fond Du Lac has a high proportion of conventional loans. Their top markets by origination volume include: Fond Du Lac, Beaver Dam, and Milwaukee among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Fond Du Lac 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. Fond Du Lac 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 6.43% 11/21/24
    30 Year Conventional Refi 6.11% 11/21/24
    30 Year Cash-out Refi 6.91% 11/21/24
    15 Year Conventional Refi 7.30% 11/21/24
    15 Year Cash-out Refi 7.30% 11/21/24
    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.

    Fond Du Lac Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Fond Du Lac. 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

    48

    Origination Dollar Volume (All Markets)

    $5,930,000

    Awards

    FOND DU LAC 30 Year Conventional Loans gold FOND DU LAC 30 Year Conventional Loans gold
    Show all (2) 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
    FOND DU LAC, WI (FHA|USDA|VA) 41 $5,025,000 $122,561 $986 2.97%
    Beaver Dam, WI (FHA|USDA|VA) 4 $660,000 $165,000 $797 3.38%
    Outside of Metro Areas 2 $230,000 $115,000 $823 2.69%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $15,000 $15,000 $585 5.25%
    Fond Du Lac's top markets include Fond Du Lac, Beaver Dam, and Milwaukee among others.

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

    • Similar Lenders

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

    Fox Valley Savings Bank
    Similarity Rank: 96
    FOND DU LAC
    Similarity Rank: 128
    Westbury Bank
    Similarity Rank: 190
    Hometown Bank
    Similarity Rank: 231
    Fortifi Bank
    Similarity Rank: 405
    Horicon Bank
    Similarity Rank: 456
    National Exchange Bank and Trust
    Similarity Rank: 592
    University of Wisconsin Credit Union
    Similarity Rank: 644
    VERVE, A CREDIT UNION
    Similarity Rank: 667
    Summit Credit Union
    Similarity Rank: 705

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 48 $5,930,000 $123,542 $955 3.04%

    For 2021, Fond Du Lac's most frequently originated type of loan was Conventional, with 48 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 25 $3,385,000 $135,400 $920 2.94%
    Home Purchase 10 $1,450,000 $145,000 $1,350 3.26%
    Refi 10 $1,020,000 $102,000 $769 2.66%
    Other 3 $75,000 $25,000 $548 4.46%

    For 2021, Fond Du Lac's most frequently cited loan purpose was Cash Out Refi, with 25 originations. The 2nd most popular reason was Home Purchase, with 10 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 18 $2,410,000 $133,889 $973 2.53%
    30 Year 13 $2,225,000 $171,154 $1,126 3.38%
    10 Year 11 $985,000 $89,545 $818 2.67%
    20 Year 3 $225,000 $75,000 $1,096 3.00%
    5 Year 2 $50,000 $25,000 $701 6.88%
    Other 1 $35,000 $35,000 $15 4.50%

    For 2021, Fond Du Lac's most frequently cited loan duration was 15 Year, with 18 originations. The 2nd most popular length was 30 Year, with 13 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 48 $5,930,000 $123,542

    Fond Du Lac's average total fees were $1,126, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 48 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 17 $2,065,000 $121,471
    3-4% 15 $2,415,000 $161,000
    2.5-3% 12 $1,340,000 $111,667
    5-6% 2 $40,000 $20,000
    4-5% 1 $35,000 $35,000
    Over 8% 1 $35,000 $35,000

    During 2021, Fond Du Lac's average interest rate for loans was 3.38%, while their most frequently originated rate bucket for loans was <2.5%, with 17 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 21 $1,295,000 $61,667 $854 3.32%
    $100k-200k 21 $3,015,000 $143,571 $1,036 2.82%
    $200k-400k 5 $1,205,000 $241,000 $1,036 2.75%
    $400k-600k 1 $415,000 $415,000 $970 3.25%

    2021 saw Fond Du Lac place emphasis on $100,000 or less loans with 21 originations, totaling $1,295,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 14 $1,630,000 $116,429 $877 3.02%
    $50k-75k 12 $1,440,000 $120,000 $1,044 3.30%
    $50k or less 9 $695,000 $77,222 $923 3.35%
    $100k-150k 7 $975,000 $139,286 $876 2.50%
    $150k-250k 6 $1,190,000 $198,333 $1,099 2.75%

    Fond Du Lac lent most frequently to those with incomes in the $75k-100k range, with 14 originations. The second most popular income band? $50k-75k, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 14 $1,940,000 $138,571 $875 3.04%
    20-30% 12 $1,280,000 $106,667 $1,058 2.84%
    <20% 8 $740,000 $92,500 $1,040 2.58%
    41% 3 $345,000 $115,000 $813 2.67%
    42% 2 $400,000 $200,000 $1,099 3.38%
    36% 2 $230,000 $115,000 $970 3.31%
    46% 1 $35,000 $35,000 $816 8.50%
    >60% 1 $215,000 $215,000 $1,050 2.25%
    37% 1 $295,000 $295,000 $1,220 3.25%
    38% 1 $125,000 $125,000 $970 2.75%
    39% 1 $195,000 $195,000 $967 3.50%
    43% 1 $95,000 $95,000 $970 2.63%
    45% 1 $35,000 $35,000 $15 4.50%

    Fond Du Lac lent most frequently to those with DTI ratios of 30-36%, with 14 originations. The next most common DTI ratio? 20-30%, with 12 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 46 $5,810,000 $126,304 $954 3.07%
    American Indian 1 $65,000 $65,000 $992 2.25%
    Not provided 1 $55,000 $55,000 $992 2.75%

    Approval Rates

    Total approvals of all applications
    92.06%

    Fond Du Lac has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.33%

    Fond Du Lac has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 48 $5,930,000 $123,542

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    48 $5,930,000 $123,542

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3 $255,000 $85,000 $817 2.58%
    40-60% 10 $960,000 $96,000 $848 2.75%
    60-80% 21 $2,995,000 $142,619 $945 2.62%
    80-100% 11 $1,645,000 $149,545 $1,220 3.32%
    Under 20% 3 $75,000 $25,000 $550 6.42%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Foundation Title & Settlement Services, LLC VA mortgage Closing on a mortgage 1 50.0%
    Foundation Title & Settlement Services, LLC VA mortgage Trouble during payment process 1 50.0%