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 loans. A + Mortgage Services has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Milwaukee, Madison, Racine, Whitewater, and Watertown among others. We have data for 28 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% 12/23/24
    30 Year Conventional Refi 6.27% 12/23/24
    30 Year Cash-out Refi 6.27% 12/23/24
    30 Year FHA Purchase 6.27% 12/23/24
    30 Year FHA Refi 6.27% 12/23/24
    30 Year VA Purchase 6.27% 12/23/24
    30 Year USDA Purchase 6.27% 12/23/24
    15 Year Conventional Purchase 5.68% 12/23/24
    15 Year Conventional Refi 5.68% 12/23/24
    15 Year Cash-out Refi 5.68% 12/23/24
    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

    787

    Origination Dollar Volume (All Markets)

    $229,405,000
    Show all (10) 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) 576 $168,430,000 $292,413 $2,890 4.89%
    MADISON, WI (FHA|USDA|VA) 75 $24,735,000 $329,800 $3,217 4.95%
    RACINE, WI (FHA|USDA|VA) 31 $8,815,000 $284,355 $3,324 4.95%
    Whitewater, WI (FHA|USDA|VA) 14 $4,280,000 $305,714 $1,996 4.16%
    Outside of Metro Areas 15 $3,525,000 $235,000 $2,797 5.15%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 14 $3,470,000 $247,857 $3,343 4.84%
    Beaver Dam, WI (FHA|USDA|VA) 11 $2,565,000 $233,182 $2,621 4.57%
    APPLETON, WI (FHA|USDA|VA) 6 $1,610,000 $268,333 $3,686 4.48%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 7 $1,535,000 $219,286 $3,454 5.30%
    SHEBOYGAN, WI (FHA|USDA|VA) 6 $1,410,000 $235,000 $2,109 5.71%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 5 $1,355,000 $271,000 $3,432 4.98%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $995,000 $331,667 $3,670 4.75%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 3 $715,000 $238,333 $2,357 5.79%
    Key West, FL (FHA|USDA|VA) 1 $645,000 $645,000 $6,282 3.88%
    EAU CLAIRE, WI (FHA|USDA|VA) 2 $620,000 $310,000 $1,725 4.94%
    Stevens Point, WI (FHA|USDA|VA) 1 $605,000 $605,000 $2,250 3.88%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $525,000 $525,000 $11,532 5.13%
    Baraboo, WI (FHA|USDA|VA) 2 $500,000 $250,000 $2,150 5.44%
    GREEN BAY, WI (FHA|USDA|VA) 2 $500,000 $250,000 $3,846 5.19%
    Shawano, WI (FHA|USDA|VA) 1 $385,000 $385,000 $9,875 5.99%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 2 $370,000 $185,000 $4,434 5.19%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $315,000 $315,000 $2,631 3.25%
    FOND DU LAC, WI (FHA|USDA|VA) 2 $310,000 $155,000 $2,425 6.75%
    Manitowoc, WI (FHA|USDA|VA) 2 $300,000 $150,000 $3,003 7.06%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $295,000 $295,000 $3,708 4.88%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $255,000 $255,000 $1,820 5.63%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $225,000 $225,000 $2,175 4.25%
    Marinette, WI-MI (FHA|USDA|VA) 1 $115,000 $115,000 $4,512 6.88%
    A + Mortgage Services's top markets include Milwaukee, Madison, Racine, Whitewater, and Watertown 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.

    NORTHWESTERN MUTUAL
    Similarity Rank: 70
    Empower Credit Union
    Similarity Rank: 81
    Fox Valley Savings Bank
    Similarity Rank: 90
    Glacier Hills Credit Union
    Similarity Rank: 200
    Badger Bank
    Similarity Rank: 308
    Bank of Sun Prairie
    Similarity Rank: 390
    Bank of Deerfield
    Similarity Rank: 403
    State Bank of Cross Plains
    Similarity Rank: 414
    Starion Bank
    Similarity Rank: 418
    VERVE, A CREDIT UNION
    Similarity Rank: 418

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 718 $208,780,000 $290,780 $2,571 4.93%
    FHA 44 $11,540,000 $262,273 $6,807 4.75%
    VA 24 $8,940,000 $372,500 $7,581 4.54%
    USDA 1 $145,000 $145,000 $1,404 3.88%

    For 2022, A + Mortgage Services's most frequently originated type of loan was Conventional, with 718 originations. Their 2nd most popular type was FHA, with 44 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 696 $204,680,000 $294,080 $3,060 5.05%
    Refi 52 $14,380,000 $276,538 $1,988 3.66%
    Cash Out Refi 39 $10,345,000 $265,256 $2,457 4.06%

    For 2022, A + Mortgage Services's most frequently cited loan purpose was Home Purchase, with 696 originations. The 2nd most popular reason was Refi, with 52 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 731 $214,275,000 $293,126 $2,997 4.99%
    15 Year 39 $11,265,000 $288,846 $2,617 3.73%
    20 Year 15 $3,485,000 $232,333 $2,248 3.99%
    10 Year 1 $255,000 $255,000 $1,400 4.88%
    Other 1 $125,000 $125,000 $1,050 3.25%

    For 2022, A + Mortgage Services's most frequently cited loan duration was 30 Year, with 731 originations. The 2nd most popular length was 15 Year, with 39 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 518 $149,750,000 $289,093
    $<1k 153 $45,975,000 $300,490
    $2k-3k 43 $12,055,000 $280,349
    $3k-4k 28 $6,570,000 $234,643
    $5k+ 26 $9,630,000 $370,385
    $4k-5k 19 $5,425,000 $285,526

    A + Mortgage Services's average total fees were $2,997, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 518 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 303 $91,705,000 $302,657
    4-5% 172 $49,300,000 $286,628
    3-4% 168 $49,320,000 $293,571
    6-7% 92 $24,500,000 $266,304
    2.5-3% 30 $8,910,000 $297,000
    7-8% 15 $4,005,000 $267,000
    <2.5% 7 $1,665,000 $237,857

    During 2022, A + Mortgage Services's average interest rate for loans was 4.99%, while their most frequently originated rate bucket for loans was 5-6%, with 303 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 456 $129,130,000 $283,180 $3,072 4.93%
    $100k-200k 176 $27,880,000 $158,409 $2,502 4.93%
    $400k-600k 128 $61,370,000 $479,453 $3,305 4.81%
    $600k-1MM 16 $10,090,000 $630,625 $2,463 4.99%
    $100,000 or less 11 $935,000 $85,000 $2,289 4.76%

    2022 saw A + Mortgage Services place emphasis on $200k-400k loans with 456 originations, totaling $129,130,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 219 $70,595,000 $322,352 $3,068 4.90%
    $50k-75k 202 $45,550,000 $225,495 $2,706 4.96%
    $75k-100k 136 $36,380,000 $267,500 $3,035 4.86%
    $150k-250k 132 $53,350,000 $404,167 $3,161 5.02%
    $50k or less 62 $10,460,000 $168,710 $2,664 4.59%
    $250k+ 36 $13,070,000 $363,056 $3,196 5.03%

    A + Mortgage Services lent most frequently to those with incomes in the $100k-150k range, with 219 originations. The second most popular income band? $50k-75k, with 202 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 182 $53,080,000 $291,648 $2,829 4.75%
    30-36% 159 $46,785,000 $294,245 $2,689 4.97%
    <20% 55 $15,015,000 $273,000 $2,435 4.69%
    40% 36 $9,830,000 $273,056 $2,870 5.20%
    41% 34 $10,150,000 $298,529 $3,105 4.99%
    44% 32 $8,910,000 $278,438 $3,210 5.03%
    49% 31 $9,185,000 $296,290 $3,247 4.97%
    45% 30 $9,230,000 $307,667 $2,423 5.05%
    43% 30 $8,490,000 $283,000 $3,448 5.13%
    37% 29 $8,385,000 $289,138 $2,810 4.72%
    38% 27 $7,725,000 $286,111 $2,717 4.88%
    39% 27 $8,505,000 $315,000 $2,725 4.93%
    36% 26 $7,760,000 $298,462 $4,381 5.09%
    42% 23 $6,715,000 $291,957 $3,894 5.18%
    50-60% 19 $5,815,000 $306,053 $3,409 4.85%
    48% 17 $5,265,000 $309,706 $3,893 4.94%
    46% 15 $3,655,000 $243,667 $3,915 4.85%
    47% 14 $4,750,000 $339,286 $2,893 4.96%
    >60% 1 $155,000 $155,000 $2,000 3.13%

    A + Mortgage Services lent most frequently to those with DTI ratios of 20-30%, with 182 originations. The next most common DTI ratio? 30-36%, with 159 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 660 $190,890,000 $289,227 $2,921 4.91%
    Not provided 76 $22,370,000 $294,342 $2,933 4.73%
    Asian 26 $8,390,000 $322,692 $3,167 4.96%
    Black 16 $4,840,000 $302,500 $3,960 5.34%
    Other Asian 2 $840,000 $420,000 $5,241 4.81%
    Native Hawaiian or Islander 3 $775,000 $258,333 $2,233 5.13%
    American Indian 3 $745,000 $248,333 $4,170 5.25%
    Asian Indian 1 $555,000 $555,000 $2,875 7.13%

    Approval Rates

    Total approvals of all applications
    97.90%

    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
    93.77%

    A + Mortgage Services has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 787 $229,405,000 $291,493

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    787 $229,405,000 $291,493

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 18 $3,920,000 $217,778 $2,391 4.42%
    40-60% 63 $14,725,000 $233,730 $2,370 4.34%
    60-80% 222 $63,560,000 $286,306 $2,692 4.88%
    80-100% 473 $143,825,000 $304,070 $2,995 5.02%
    Over 100% 9 $3,215,000 $357,222 $13,021 4.47%
    Under 20% 2 $160,000 $80,000 $2,492 5.93%