Waldo State Bank Mortgage Rates, Fees & Info
Waldo, WILEI: 549300ALPT3HYIWS8833
Tax ID: 39-0684560
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Waldo State Bank is a smaller bank specializing in Home Purchase and Refi loans. Waldo State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Sheboygan, Milwaukee, Manitowoc, Appleton, and Phoenix among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Waldo State Bank 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.
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.
Originations
82Origination Dollar Volume (All Markets)
$13,610,000Top 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 |
|---|---|---|---|---|---|
| SHEBOYGAN, WI (FHA|USDA|VA) | 67 | $10,945,000 | $163,358 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 4 | $1,460,000 | $365,000 | $0 | 0.00% |
| Manitowoc, WI (FHA|USDA|VA) | 8 | $1,010,000 | $126,250 | $0 | 0.00% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| FOND DU LAC, WI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 82 | $13,610,000 | $165,976 | $0 | 0.00% |
For 2023, Waldo State Bank's most frequently originated type of loan was Conventional, with 82 originations.
Loan Reason
For 2023, Waldo State Bank's most frequently cited loan purpose was Home Purchase, with 55 originations. The 2nd most popular reason was Refi, with 18 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 82 | $13,610,000 | $165,976 | $0 | 0.00% |
For 2023, Waldo State Bank's most frequently cited loan duration was Other, with 82 originations.
Loan Sizing
2023 saw Waldo State Bank place emphasis on $100k-200k loans with 35 originations, totaling $4,795,000 in origination value.
Applicant Income
Waldo State Bank lent most frequently to those with incomes in the $50k-75k range, with 12 originations. The second most popular income band? $100k-150k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 82 | $13,610,000 | $165,976 | $0 | 0.00% |
Waldo State Bank lent most frequently to those with DTI ratios of Exempt%, with 82 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 43 | $7,185,000 | $167,093 | $0 | 0.00% |
| White | 39 | $6,425,000 | $164,744 | $0 | 0.00% |
Approval Rates
Total approvals of all applications93.26%
Waldo State Bank has an average approval rate.
Pick Rate
Approvals leading to origination98.78%
Waldo State Bank 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 |
|---|---|---|---|
| Exempt | 82 | $13,610,000 | $165,976 |