A + Mortgage Services Rates, Fees & Info

MUSKEGO, WI

LEI: 5493009X5Z27VV479310

Tax ID: 39-2022321

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
  • 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

    A + Mortgage Services is a smaller mortgage company specializing in Home Purchase and Refi loans. A + Mortgage Services has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Milwaukee, Madison, Racine, Watertown, and Whitewater among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)

    A + Mortgage Services has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. A + Mortgage Services 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 6.27% 4/21/24
    30 Year Conventional Refi 6.27% 4/21/24
    30 Year Cash-out Refi 6.27% 4/21/24
    30 Year FHA Purchase 6.27% 4/21/24
    30 Year FHA Refi 6.27% 4/21/24
    30 Year VA Purchase 6.27% 4/21/24
    30 Year USDA Purchase 6.27% 4/21/24
    15 Year Conventional Purchase 5.68% 4/21/24
    15 Year Conventional Refi 5.68% 4/21/24
    15 Year Cash-out Refi 5.68% 4/21/24
    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.

    A + Mortgage Services Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from A + Mortgage Services. 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

    988

    Origination Dollar Volume (All Markets)

    $251,120,000
    Show all (11) 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
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 772 $199,060,000 $257,850 $1,958 4.00%
    MADISON, WI (FHA|USDA|VA) 70 $17,900,000 $255,714 $2,334 4.03%
    RACINE, WI (FHA|USDA|VA) 39 $9,525,000 $244,231 $2,247 4.12%
    Outside of Metro Areas 32 $6,980,000 $218,125 $1,807 3.92%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 20 $4,300,000 $215,000 $1,881 4.10%
    Whitewater, WI (FHA|USDA|VA) 14 $3,720,000 $265,714 $1,367 4.01%
    Beaver Dam, WI (FHA|USDA|VA) 12 $2,840,000 $236,667 $2,029 4.02%
    SHEBOYGAN, WI (FHA|USDA|VA) 5 $1,415,000 $283,000 $1,473 3.78%
    APPLETON, WI (FHA|USDA|VA) 4 $1,000,000 $250,000 $1,694 3.94%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $740,000 $185,000 $2,757 3.94%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 3 $505,000 $168,333 $1,367 3.46%
    Baraboo, WI (FHA|USDA|VA) 2 $490,000 $245,000 $1,900 4.00%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $485,000 $485,000 $5,855 4.25%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $465,000 $465,000 $4,309 3.38%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $385,000 $385,000 $1,875 3.75%
    Marinette, WI-MI (FHA|USDA|VA) 2 $330,000 $165,000 $1,800 3.88%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $325,000 $325,000 $1,751 4.38%
    Manitowoc, WI (FHA|USDA|VA) 2 $260,000 $130,000 $3,008 4.25%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $155,000 $155,000 $1,625 4.00%
    GREEN BAY, WI (FHA|USDA|VA) 1 $125,000 $125,000 $1,950 4.13%
    Shawano, WI (FHA|USDA|VA) 1 $115,000 $115,000 $3,428 3.49%
    A + Mortgage Services's top markets include Milwaukee, Madison, Racine, Watertown, and Whitewater among others.

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

    • Similar Lenders

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

    AppleTree Credit Union
    Similarity Rank: 8
    Fox Valley Savings Bank
    Similarity Rank: 56
    NORTHWESTERN MUTUAL
    Similarity Rank: 117
    Empower Credit Union
    Similarity Rank: 144
    First Community Credit Union
    Similarity Rank: 290
    Fox River State Bank
    Similarity Rank: 306
    Dane County Credit Union
    Similarity Rank: 315
    EDUCATORS CREDIT UNION
    Similarity Rank: 374
    Heartland Credit Union (Madison)
    Similarity Rank: 384
    Kohler Credit Union
    Similarity Rank: 418

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 920 $232,360,000 $252,565 $1,807 4.01%
    FHA 35 $7,405,000 $211,571 $5,112 3.91%
    VA 32 $11,100,000 $346,875 $3,175 3.88%
    USDA 1 $255,000 $255,000 $4,327 3.63%

    For 2019, A + Mortgage Services's most frequently originated type of loan was Conventional, with 920 originations. Their 2nd most popular type was FHA, with 35 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 542 $127,760,000 $235,720 $2,161 4.13%
    Refi 354 $99,600,000 $281,356 $1,671 3.80%
    Cash Out Refi 92 $23,760,000 $258,261 $1,961 4.06%

    For 2019, A + Mortgage Services's most frequently cited loan purpose was Home Purchase, with 542 originations. The 2nd most popular reason was Refi, with 354 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 855 $220,155,000 $257,491 $2,052 4.07%
    15 Year 93 $20,815,000 $223,817 $1,627 3.50%
    20 Year 28 $7,350,000 $262,500 $1,435 3.80%
    Other 8 $2,200,000 $275,000 $1,566 3.75%
    10 Year 4 $600,000 $150,000 $1,594 3.50%

    For 2019, A + Mortgage Services's most frequently cited loan duration was 30 Year, with 855 originations. The 2nd most popular length was 15 Year, with 93 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 739 $184,865,000 $250,156
    $1k-2k 29 $4,815,000 $166,034
    $2k-3k 12 $2,120,000 $176,667
    $3k-4k 6 $1,340,000 $223,333
    $5k+ 2 $970,000 $485,000

    A + Mortgage Services's average total fees were $2,052, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 739 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 613 $163,735,000 $267,104
    4-5% 338 $80,680,000 $238,698
    5-6% 33 $5,745,000 $174,091
    2.5-3% 3 $815,000 $271,667
    <2.5% 1 $145,000 $145,000

    During 2019, A + Mortgage Services's average interest rate for loans was 4.07%, while their most frequently originated rate bucket for loans was 3-4%, with 613 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 530 $148,830,000 $280,811 $1,992 3.97%
    $100k-200k 307 $48,525,000 $158,062 $2,049 4.07%
    $400k-600k 104 $47,060,000 $452,500 $1,836 3.83%
    $100,000 or less 43 $3,285,000 $76,395 $1,858 4.39%
    $1MM+ 2 $2,100,000 $1,050,000 $1,645 3.81%
    $600k-1MM 2 $1,320,000 $660,000 $2,350 3.88%

    2019 saw A + Mortgage Services place emphasis on $200k-400k loans with 530 originations, totaling $148,830,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 273 $73,295,000 $268,480 $1,816 4.03%
    $50k-75k 224 $42,120,000 $188,036 $2,141 4.04%
    $75k-100k 186 $43,530,000 $234,032 $2,156 4.03%
    $150k-250k 158 $53,490,000 $338,544 $1,833 3.91%
    $250k+ 78 $27,410,000 $351,410 $1,916 3.89%
    $50k or less 59 $7,775,000 $131,780 $1,966 4.09%

    A + Mortgage Services lent most frequently to those with incomes in the $100k-150k range, with 273 originations. The second most popular income band? $50k-75k, with 224 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 286 $73,710,000 $257,727 $1,806 3.95%
    30-36% 220 $53,430,000 $242,864 $2,063 4.06%
    <20% 99 $26,885,000 $271,566 $1,677 3.79%
    37% 44 $11,960,000 $271,818 $2,018 4.06%
    38% 41 $10,735,000 $261,829 $2,109 4.10%
    39% 39 $10,065,000 $258,077 $2,187 4.19%
    40% 36 $9,260,000 $257,222 $2,329 4.01%
    36% 33 $8,025,000 $243,182 $2,350 4.05%
    42% 29 $7,355,000 $253,621 $1,867 4.05%
    41% 27 $6,925,000 $256,481 $1,992 4.05%
    43% 25 $5,385,000 $215,400 $1,897 4.21%
    44% 25 $5,825,000 $233,000 $2,759 4.18%
    45% 22 $5,590,000 $254,091 $2,419 4.09%
    46% 16 $3,230,000 $201,875 $1,768 4.04%
    47% 13 $3,485,000 $268,077 $2,023 3.95%
    48% 11 $2,645,000 $240,455 $1,408 4.03%
    49% 6 $1,630,000 $271,667 $1,591 3.94%
    50-60% 6 $1,480,000 $246,667 $2,778 4.06%

    A + Mortgage Services lent most frequently to those with DTI ratios of 20-30%, with 286 originations. The next most common DTI ratio? 30-36%, with 220 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 889 $227,165,000 $255,529 $1,978 3.99%
    Not provided 76 $17,860,000 $235,000 $1,927 4.24%
    Asian 13 $4,035,000 $310,385 $2,451 3.71%
    Black 8 $1,530,000 $191,250 $2,442 4.17%
    American Indian 2 $530,000 $265,000 $3,563 3.81%

    Approval Rates

    Total approvals of all applications
    98.39%

    A + Mortgage Services has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    94.84%

    A + Mortgage Services has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    320.0 1 $175,000 $175,000
    650.0 1 $145,000 $145,000
    NA 986 $250,800,000 $254,361

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 988 $251,120,000 $254,170

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 18 $3,020,000 $167,778 $1,661 3.71%
    40-60% 66 $15,750,000 $238,636 $1,689 3.76%
    60-80% 447 $118,005,000 $263,993 $1,708 3.99%
    80-100% 444 $110,960,000 $249,910 $2,279 4.07%
    Over 100% 5 $1,125,000 $225,000 $6,129 4.23%