Waldo State Bank Mortgage Rates, Fees & Info
Waldo, WILEI: 549300ALPT3HYIWS8833
Tax ID: 39-0684560
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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, Fond Du Lac, and Oshkosh among others. We have data for 10 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.
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Originations
72Origination Dollar Volume (All Markets)
$13,220,000Top 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) | 57 | $10,025,000 | $175,877 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 3 | $1,075,000 | $358,333 | $0 | 0.00% |
| Manitowoc, WI (FHA|USDA|VA) | 4 | $670,000 | $167,500 | $0 | 0.00% |
| FOND DU LAC, WI (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $210,000 | $105,000 | $0 | 0.00% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Marinette, WI-MI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Iron Mountain, MI-WI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 72 | $13,220,000 | $183,611 | $0 | 0.00% |
For 2024, Waldo State Bank's most frequently originated type of loan was Conventional, with 72 originations.
Loan Reason
For 2024, Waldo State Bank's most frequently cited loan purpose was Home Purchase, with 44 originations. The 2nd most popular reason was Refi, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 72 | $13,220,000 | $183,611 | $0 | 0.00% |
For 2024, Waldo State Bank's most frequently cited loan duration was Other, with 72 originations.
Loan Sizing
2024 saw Waldo State Bank place emphasis on $100k-200k loans with 26 originations, totaling $3,850,000 in origination value.
Applicant Income
Waldo State Bank lent most frequently to those with incomes in the $100k-150k range, with 17 originations. The second most popular income band? $75k-100k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 72 | $13,220,000 | $183,611 | $0 | 0.00% |
Waldo State Bank lent most frequently to those with DTI ratios of Exempt%, with 72 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.15%
Waldo State Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination97.22%
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 | 72 | $13,220,000 | $183,611 |