Pyramax Bank Fsb Mortgage Rates, Fees & Info

Greenfield, WI

LEI: 549300A81K8K8KJR9759

Tax ID: 39-0624390

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

    Pyramax Bank Fsb is a smaller bank specializing in Home Purchase loans. Pyramax Bank Fsb has a high proportion of conventional loans. Their top markets by origination volume include: Milwaukee, Racine, Colorado Springs, Chicago, and Whitewater among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Pyramax Bank Fsb 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. Pyramax Bank Fsb 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 6.37% 4/21/24
    30 Year Conventional Refi 6.35% 4/21/24
    30 Year Cash-out Refi 6.41% 4/21/24
    30 Year FHA Purchase 6.27% 4/21/24
    15 Year Conventional Purchase 5.91% 4/21/24
    15 Year Conventional Refi 6.09% 4/21/24
    15 Year Cash-out Refi 6.09% 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.

    Pyramax Bank Fsb Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Pyramax Bank Fsb. 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

    147

    Origination Dollar Volume (All Markets)

    $54,875,000

    Awards

    PyraMax Bank FSB 30 Year Conventional Loans silver PyraMax Bank FSB 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
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 124 $48,490,000 $391,048 $2,041 4.58%
    RACINE, WI (FHA|USDA|VA) 5 $1,525,000 $305,000 $1,533 4.10%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $980,000 $490,000 $1,837 5.19%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $660,000 $330,000 $3,286 4.81%
    Whitewater, WI (FHA|USDA|VA) 2 $550,000 $275,000 $2,314 5.00%
    Outside of Metro Areas 3 $495,000 $165,000 $2,014 4.04%
    MADISON, WI (FHA|USDA|VA) 1 $365,000 $365,000 $2,795 5.63%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $365,000 $365,000 $1,727 3.75%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $335,000 $335,000 $4,314 6.50%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $305,000 $305,000 $2,185 5.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $285,000 $285,000 $2,216 5.63%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $235,000 $235,000 $3,327 3.88%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $135,000 $135,000 $1,919 5.75%
    FOND DU LAC, WI (FHA|USDA|VA) 1 $85,000 $85,000 $2,047 3.13%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $65,000 $65,000 $1,855 6.00%
    Pyramax Bank Fsb's top markets include Milwaukee, Racine, Colorado Springs, Chicago, and Whitewater among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against PyraMax Bank FSB 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
    Glacier Hills Credit Union
    Similarity Rank: 200
    VERVE, A CREDIT UNION
    Similarity Rank: 418
    The First National Bank and Trust Company
    Similarity Rank: 462
    Hometown Bank
    Similarity Rank: 544
    Community State Bank
    Similarity Rank: 630
    Horicon Bank
    Similarity Rank: 686
    The Greenwood's State Bank
    Similarity Rank: 720
    Citizens Bank
    Similarity Rank: 792

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 147 $54,875,000 $373,299 $2,071 4.60%

    For 2022, Pyramax Bank Fsb's most frequently originated type of loan was Conventional, with 147 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 93 $34,195,000 $367,688 $2,284 4.84%
    Cash Out Refi 30 $9,930,000 $331,000 $1,733 4.25%
    Refi 15 $9,025,000 $601,667 $1,719 3.78%
    Home Improvement 6 $1,680,000 $280,000 $1,962 4.54%
    Other 3 $45,000 $15,000 $268 4.75%

    For 2022, Pyramax Bank Fsb's most frequently cited loan purpose was Home Purchase, with 93 originations. The 2nd most popular reason was Cash Out Refi, with 30 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 109 $31,265,000 $286,835 $2,194 4.78%
    15 Year 18 $3,250,000 $180,556 $1,652 3.59%
    5 Year 12 $10,740,000 $895,000 $270 4.79%
    Other 4 $9,030,000 $2,257,500 $2,891 4.48%
    20 Year 3 $525,000 $175,000 $1,807 4.08%
    10 Year 1 $65,000 $65,000 $1,641 3.25%

    For 2022, Pyramax Bank Fsb's most frequently cited loan duration was 30 Year, with 109 originations. The 2nd most popular length was 15 Year, with 18 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 111 $29,735,000 $267,883
    $1k-2k 20 $5,110,000 $255,500
    $2k-3k 2 $300,000 $150,000
    $3k-4k 1 $145,000 $145,000
    $4k-5k 1 $305,000 $305,000

    Pyramax Bank Fsb's average total fees were $2,194, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 111 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 44 $17,570,000 $399,318
    4-5% 41 $20,065,000 $489,390
    5-6% 37 $11,055,000 $298,784
    6-7% 14 $3,600,000 $257,143
    2.5-3% 8 $2,030,000 $253,750
    <2.5% 2 $430,000 $215,000
    7-8% 1 $125,000 $125,000

    During 2022, Pyramax Bank Fsb's average interest rate for loans was 4.78%, while their most frequently originated rate bucket for loans was 3-4%, with 44 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 58 $16,550,000 $285,345 $1,984 4.68%
    $100k-200k 44 $6,540,000 $148,636 $1,971 4.60%
    $100,000 or less 15 $915,000 $61,000 $1,349 4.60%
    $400k-600k 14 $6,460,000 $461,429 $1,939 4.69%
    $600k-1MM 10 $7,080,000 $708,000 $4,334 4.20%
    $1MM+ 6 $17,330,000 $2,888,333 $0 4.34%

    2022 saw Pyramax Bank Fsb place emphasis on $200k-400k loans with 58 originations, totaling $16,550,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 35 $9,505,000 $271,571 $1,993 4.64%
    $50k-75k 28 $4,580,000 $163,571 $1,802 4.63%
    $50k or less 25 $3,955,000 $158,200 $1,611 4.74%
    $150k-250k 18 $7,930,000 $440,556 $2,027 4.56%
    $75k-100k 18 $3,910,000 $217,222 $2,026 4.03%
    $250k+ 11 $5,575,000 $506,818 $4,210 4.85%

    Pyramax Bank Fsb lent most frequently to those with incomes in the $100k-150k range, with 35 originations. The second most popular income band? $50k-75k, with 28 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 31 $8,715,000 $281,129 $1,914 4.56%
    30-36% 27 $7,015,000 $259,815 $1,790 4.56%
    40% 12 $3,590,000 $299,167 $3,143 4.23%
    <20% 11 $3,365,000 $305,909 $2,459 4.01%
    36% 7 $1,475,000 $210,714 $2,179 4.55%
    42% 6 $790,000 $131,667 $1,844 5.33%
    38% 6 $1,350,000 $225,000 $2,009 5.04%
    39% 6 $1,470,000 $245,000 $1,570 4.17%
    41% 5 $1,415,000 $283,000 $1,557 4.73%
    43% 5 $925,000 $185,000 $1,863 4.50%
    49% 5 $1,275,000 $255,000 $1,968 5.73%
    37% 4 $760,000 $190,000 $1,792 4.25%
    48% 3 $755,000 $251,667 $2,467 4.46%
    46% 2 $350,000 $175,000 $1,698 6.06%
    45% 2 $590,000 $295,000 $4,170 4.69%
    47% 1 $185,000 $185,000 $1,609 4.63%
    44% 1 $645,000 $645,000 $2,743 3.75%
    50-60% 1 $585,000 $585,000 $1,985 5.88%

    Pyramax Bank Fsb lent most frequently to those with DTI ratios of 20-30%, with 31 originations. The next most common DTI ratio? 30-36%, with 27 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 110 $29,700,000 $270,000 $2,040 4.49%
    Not applicable 11 $19,255,000 $1,750,455 $0 4.72%
    Asian 6 $1,660,000 $276,667 $2,678 4.83%
    Not provided 10 $1,630,000 $163,000 $2,133 4.98%
    Black 4 $1,040,000 $260,000 $2,087 4.97%
    Asian Indian 2 $980,000 $490,000 $1,837 5.19%
    American Indian 3 $445,000 $148,333 $1,892 5.25%
    Other Asian 1 $165,000 $165,000 $2,121 5.13%

    Approval Rates

    Total approvals of all applications
    91.52%

    Pyramax Bank Fsb has an average approval rate.

    Pick Rate

    Approvals leading to origination
    92.52%

    Pyramax Bank Fsb has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 147 $54,875,000 $373,299

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    147 $54,875,000 $373,299

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 9 $3,495,000 $388,333 $1,713 4.25%
    40-60% 25 $4,865,000 $194,600 $1,798 4.18%
    60-80% 50 $23,440,000 $468,800 $2,125 4.69%
    80-100% 58 $22,910,000 $395,000 $2,303 4.74%
    Under 20% 5 $165,000 $33,000 $270 4.80%