Waterstone Bank Ssb Mortgage Rates, Fees & Info
Wauwatosa, WILEI: 549300GDJSUYPH6UC416
Tax ID: 39-0691250
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Mortgage Data
Review & Overview
Waterstone Bank Ssb is a smaller bank specializing in Home Purchase loans. Waterstone Bank Ssb has a high proportion of conventional loans. Their top markets by origination volume include: Milwaukee, Minneapolis, Madison, Sioux Falls, and Wausau among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Waterstone Bank Ssb 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
69Origination Dollar Volume (All Markets)
$71,175,000Top 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 |
|---|---|---|---|---|---|
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 48 | $27,260,000 | $567,917 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 3 | $10,465,000 | $3,488,333 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 2 | $8,710,000 | $4,355,000 | $0 | 0.00% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 1 | $5,185,000 | $5,185,000 | $0 | 0.00% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $4,905,000 | $4,905,000 | $0 | 0.00% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $3,155,000 | $3,155,000 | $0 | 0.00% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $3,105,000 | $3,105,000 | $0 | 0.00% |
| DECATUR, IL (FHA|USDA|VA) | 2 | $2,860,000 | $1,430,000 | $0 | 0.00% |
| FOND DU LAC, WI (FHA|USDA|VA) | 4 | $2,700,000 | $675,000 | $0 | 0.00% |
| Marshalltown, IA (FHA|USDA|VA) | 2 | $1,640,000 | $820,000 | $0 | 0.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| RACINE, WI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 69 | $71,175,000 | $1,031,522 | $0 | 0.00% |
For 2024, Waterstone Bank Ssb's most frequently originated type of loan was Conventional, with 69 originations.
Loan Reason
For 2024, Waterstone Bank Ssb's most frequently cited loan purpose was Home Purchase, with 56 originations. The 2nd most popular reason was Cash Out Refi, with 8 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 69 | $71,175,000 | $1,031,522 | $0 | 0.00% |
For 2024, Waterstone Bank Ssb's most frequently cited loan duration was Other, with 69 originations.
Loan Sizing
2024 saw Waterstone Bank Ssb place emphasis on $1MM+ loans with 18 originations, totaling $53,130,000 in origination value.
Applicant Income
Waterstone Bank Ssb lent most frequently to those with incomes in the $50k or less range, with 4 originations. The second most popular income band? $250k+, with 3 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 69 | $71,175,000 | $1,031,522 | $0 | 0.00% |
Waterstone Bank Ssb lent most frequently to those with DTI ratios of Exempt%, with 69 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.87%
Waterstone Bank Ssb has an average approval rate.
Pick Rate
Approvals leading to origination92.75%
Waterstone Bank Ssb has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 69 | $71,175,000 | $1,031,522 |