Bristol Morgan Bank Mortgage Rates, Fees & Info
Oakfield, WILEI: 549300GNGK57UA6SFP52
Tax ID: 39-0147990
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bristol Morgan Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Bristol Morgan Bank has a high proportion of conventional loans. Their top markets by origination volume include: Oshkosh, Green Bay, Appleton, Fond Du Lac, and Manitowoc among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Bristol Morgan 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
191Origination Dollar Volume (All Markets)
$33,425,000Top 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 |
|---|---|---|---|---|---|
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 58 | $9,520,000 | $164,138 | $0 | 0.00% |
| GREEN BAY, WI (FHA|USDA|VA) | 38 | $9,420,000 | $247,895 | $0 | 0.00% |
| APPLETON, WI (FHA|USDA|VA) | 50 | $7,960,000 | $159,200 | $0 | 0.00% |
| FOND DU LAC, WI (FHA|USDA|VA) | 28 | $4,050,000 | $144,643 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $1,185,000 | $169,286 | $0 | 0.00% |
| Manitowoc, WI (FHA|USDA|VA) | 4 | $300,000 | $75,000 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| Shawano, WI (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 0.00% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 0.00% |
| Beaver Dam, WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 191 | $33,425,000 | $175,000 | $0 | 0.00% |
For 2022, Bristol Morgan Bank's most frequently originated type of loan was Conventional, with 191 originations.
Loan Reason
For 2022, Bristol Morgan Bank's most frequently cited loan purpose was Home Purchase, with 138 originations. The 2nd most popular reason was Cash Out Refi, with 36 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 191 | $33,425,000 | $175,000 | $0 | 0.00% |
For 2022, Bristol Morgan Bank's most frequently cited loan duration was Other, with 191 originations.
Loan Sizing
2022 saw Bristol Morgan Bank place emphasis on $100k-200k loans with 98 originations, totaling $13,530,000 in origination value.
Applicant Income
Bristol Morgan Bank lent most frequently to those with incomes in the $150k-250k range, with 7 originations. The second most popular income band? $50k or less, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 191 | $33,425,000 | $175,000 | $0 | 0.00% |
Bristol Morgan Bank lent most frequently to those with DTI ratios of Exempt%, with 191 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 165 | $30,225,000 | $183,182 | $0 | 0.00% |
| White | 26 | $3,200,000 | $123,077 | $0 | 0.00% |
Approval Rates
Total approvals of all applications97.99%
Bristol Morgan 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 origination97.91%
Bristol Morgan 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 | 191 | $33,425,000 | $175,000 |