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.) Their top markets by origination volume include: Milwaukee, Madison, Racine, Whitewater, and Beaver Dam among others. We have data for 26 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

    1,760

    Origination Dollar Volume (All Markets)

    $480,360,000
    Show all (16) 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) 1,324 $363,010,000 $274,177 $1,565 2.87%
    MADISON, WI (FHA|USDA|VA) 156 $45,500,000 $291,667 $1,543 2.85%
    RACINE, WI (FHA|USDA|VA) 80 $22,310,000 $278,875 $1,736 2.90%
    Outside of Metro Areas 39 $11,325,000 $290,385 $1,519 2.87%
    Whitewater, WI (FHA|USDA|VA) 32 $8,290,000 $259,063 $1,809 2.84%
    Beaver Dam, WI (FHA|USDA|VA) 27 $5,505,000 $203,889 $2,218 2.93%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 22 $4,780,000 $217,273 $1,652 2.86%
    GREEN BAY, WI (FHA|USDA|VA) 9 $2,465,000 $273,889 $1,572 2.82%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 10 $2,220,000 $222,000 $1,595 2.91%
    APPLETON, WI (FHA|USDA|VA) 9 $2,035,000 $226,111 $1,158 2.96%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 9 $1,875,000 $208,333 $1,347 2.87%
    SHEBOYGAN, WI (FHA|USDA|VA) 6 $1,610,000 $268,333 $1,392 2.85%
    Marinette, WI-MI (FHA|USDA|VA) 6 $1,460,000 $243,333 $1,338 2.88%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 6 $1,330,000 $221,667 $1,640 2.98%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,175,000 $391,667 $3,650 3.25%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 4 $1,130,000 $282,500 $375 2.78%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $945,000 $315,000 $3,816 3.33%
    Baraboo, WI (FHA|USDA|VA) 3 $825,000 $275,000 $1,283 2.79%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $600,000 $300,000 $3,893 3.06%
    FOND DU LAC, WI (FHA|USDA|VA) 3 $495,000 $165,000 $2,914 2.92%
    Shawano, WI (FHA|USDA|VA) 1 $395,000 $395,000 $1,675 3.13%
    Stevens Point, WI (FHA|USDA|VA) 1 $285,000 $285,000 $883 2.38%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 2 $260,000 $130,000 $1,600 3.06%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $225,000 $225,000 $1,432 2.38%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $155,000 $155,000 $1,230 2.13%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $155,000 $155,000 $4,711 2.99%
    A + Mortgage Services's top markets include Milwaukee, Madison, Racine, Whitewater, and Beaver Dam 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.

    Fox Valley Savings Bank
    Similarity Rank: 96
    DMB Community Bank
    Similarity Rank: 400
    Dane County Credit Union
    Similarity Rank: 531
    NORTHWESTERN MUTUAL
    Similarity Rank: 670
    Monona Bank
    Similarity Rank: 793
    Starion Bank
    Similarity Rank: 900
    Mound City Bank
    Similarity Rank: 966
    Westbury Bank
    Similarity Rank: 1007
    Bank of Sun Prairie
    Similarity Rank: 1056
    The Peoples Community Bank
    Similarity Rank: 1079

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,637 $446,595,000 $272,813 $1,365 2.89%
    FHA 73 $17,775,000 $243,493 $5,681 2.76%
    VA 50 $15,990,000 $319,800 $3,047 2.54%

    For 2021, A + Mortgage Services's most frequently originated type of loan was Conventional, with 1,637 originations. Their 2nd most popular type was FHA, with 73 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 855 $240,745,000 $281,573 $2,191 2.95%
    Refi 690 $180,360,000 $261,391 $948 2.73%
    Cash Out Refi 215 $59,255,000 $275,605 $1,275 2.98%

    For 2021, A + Mortgage Services's most frequently cited loan purpose was Home Purchase, with 855 originations. The 2nd most popular reason was Refi, with 690 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,440 $401,160,000 $278,583 $1,693 2.95%
    15 Year 225 $54,835,000 $243,711 $1,152 2.43%
    20 Year 65 $16,925,000 $260,385 $1,116 2.76%
    10 Year 16 $3,620,000 $226,250 $1,039 2.30%
    Other 14 $3,820,000 $272,857 $1,066 2.86%

    For 2021, A + Mortgage Services's most frequently cited loan duration was 30 Year, with 1,440 originations. The 2nd most popular length was 15 Year, with 225 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,489 $411,845,000 $276,592
    $1k-2k 242 $62,240,000 $257,190
    $2k-3k 21 $4,335,000 $206,429
    $4k-5k 5 $1,115,000 $223,000
    $3k-4k 2 $430,000 $215,000
    $5k+ 1 $395,000 $395,000

    A + Mortgage Services's average total fees were $1,693, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,489 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,052 $290,990,000 $276,606
    3-4% 399 $105,495,000 $264,398
    <2.5% 296 $81,830,000 $276,453
    4-5% 13 $2,045,000 $157,308

    During 2021, A + Mortgage Services's average interest rate for loans was 2.95%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,052 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,065 $302,395,000 $283,939 $1,613 2.85%
    $100k-200k 441 $70,165,000 $159,104 $1,560 2.92%
    $400k-600k 219 $103,935,000 $474,589 $1,497 2.84%
    $100,000 or less 34 $2,860,000 $84,118 $1,961 2.97%
    $1MM+ 1 $1,005,000 $1,005,000 $1,250 2.75%

    2021 saw A + Mortgage Services place emphasis on $200k-400k loans with 1,065 originations, totaling $302,395,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 463 $134,825,000 $291,199 $1,460 2.85%
    $50k-75k 377 $82,995,000 $220,146 $1,674 2.91%
    $75k-100k 371 $94,235,000 $254,003 $1,835 2.87%
    $150k-250k 276 $96,670,000 $350,254 $1,333 2.87%
    $50k or less 130 $20,710,000 $159,308 $1,800 2.96%
    $250k+ 117 $43,005,000 $367,564 $1,481 2.83%

    A + Mortgage Services lent most frequently to those with incomes in the $100k-150k range, with 463 originations. The second most popular income band? $50k-75k, with 377 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 518 $142,330,000 $274,768 $1,386 2.86%
    30-36% 405 $111,615,000 $275,593 $1,577 2.88%
    <20% 187 $52,305,000 $279,706 $1,221 2.78%
    38% 65 $16,515,000 $254,077 $1,847 2.91%
    40% 61 $15,625,000 $256,148 $1,743 2.97%
    42% 54 $14,220,000 $263,333 $1,873 2.98%
    44% 52 $14,380,000 $276,538 $1,534 2.92%
    36% 51 $13,465,000 $264,020 $1,921 2.92%
    37% 51 $13,995,000 $274,412 $1,939 2.87%
    39% 48 $13,340,000 $277,917 $2,023 2.84%
    41% 43 $11,435,000 $265,930 $2,036 2.93%
    46% 38 $9,200,000 $242,105 $2,135 2.88%
    45% 35 $8,995,000 $257,000 $1,479 2.98%
    43% 35 $9,405,000 $268,714 $2,241 2.89%
    49% 28 $7,720,000 $275,714 $2,009 2.95%
    48% 26 $7,180,000 $276,154 $1,828 2.95%
    47% 24 $7,220,000 $300,833 $1,827 2.79%
    50-60% 10 $2,110,000 $211,000 $2,640 3.00%
    >60% 3 $1,385,000 $461,667 $1,159 2.67%

    A + Mortgage Services lent most frequently to those with DTI ratios of 20-30%, with 518 originations. The next most common DTI ratio? 30-36%, with 405 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,499 $411,955,000 $274,820 $1,572 2.87%
    Not provided 196 $51,520,000 $262,857 $1,614 2.83%
    Asian 29 $7,535,000 $259,828 $1,692 2.78%
    Black 25 $5,995,000 $239,800 $2,517 3.02%
    Asian Indian 5 $1,805,000 $361,000 $1,388 2.85%
    American Indian 4 $1,050,000 $262,500 $1,491 3.12%
    Other Asian 1 $295,000 $295,000 $1,850 2.88%
    Chinese 1 $205,000 $205,000 $1,875 2.50%

    Approval Rates

    Total approvals of all applications
    98.30%

    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
    95.06%

    A + Mortgage Services has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,760 $480,360,000 $272,932

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,760 $480,360,000 $272,932

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 68 $15,010,000 $220,735 $1,067 2.63%
    40-60% 277 $68,285,000 $246,516 $1,053 2.68%
    60-80% 745 $208,925,000 $280,436 $1,284 2.93%
    80-100% 656 $184,660,000 $281,494 $2,107 2.92%
    Over 100% 8 $2,550,000 $318,750 $11,140 2.72%
    Under 20% 6 $930,000 $155,000 $1,564 2.50%