Laona State Bank Mortgage Rates, Fees & Info

Laona, WI

LEI: 549300ICVSTMS2XFXX81

Tax ID: 39-0420510

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Laona State Bank is a smaller bank specializing in Home Purchase and Refi loans. Laona State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Green Bay, Marinette, Milwaukee, Iron Mountain, and Wausau among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Laona State Bank has an above average approval rate when compared to the average across all lenders. They have a below 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.

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    Originations

    118

    Origination Dollar Volume (All Markets)

    $17,730,000

    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
    Outside of Metro Areas 77 $11,625,000 $150,974 $0 0.00%
    GREEN BAY, WI (FHA|USDA|VA) 24 $4,540,000 $189,167 $0 0.00%
    Marinette, WI-MI (FHA|USDA|VA) 6 $520,000 $86,667 $0 0.00%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $405,000 $405,000 $0 0.00%
    Iron Mountain, MI-WI (FHA|USDA|VA) 6 $310,000 $51,667 $0 0.00%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
    Shawano, WI (FHA|USDA|VA) 2 $100,000 $50,000 $0 0.00%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    Laona State Bank's top markets include Green Bay, Marinette, Milwaukee, Iron Mountain, and Wausau among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 118 $17,730,000 $150,254 $0 0.00%

    For 2024, Laona State Bank's most frequently originated type of loan was Conventional, with 118 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 62 $11,950,000 $192,742 $0 0.00%
    Refi 29 $3,955,000 $136,379 $0 0.00%
    Other 17 $1,235,000 $72,647 $0 0.00%
    Home Improvement 10 $590,000 $59,000 $0 0.00%

    For 2024, Laona State Bank's most frequently cited loan purpose was Home Purchase, with 62 originations. The 2nd most popular reason was Refi, with 29 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 118 $17,730,000 $150,254 $0 0.00%

    For 2024, Laona State Bank's most frequently cited loan duration was Other, with 118 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 55 $2,925,000 $53,182 $0 0.00%
    $100k-200k 30 $4,110,000 $137,000 $0 0.00%
    $200k-400k 26 $6,520,000 $250,769 $0 0.00%
    $400k-600k 6 $2,670,000 $445,000 $0 0.00%
    $1MM+ 1 $1,505,000 $1,505,000 $0 0.00%

    2024 saw Laona State Bank place emphasis on $100,000 or less loans with 55 originations, totaling $2,925,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 25 $2,865,000 $114,600 $0 0.00%
    $150k-250k 23 $4,925,000 $214,130 $0 0.00%
    $100k-150k 20 $3,560,000 $178,000 $0 0.00%
    $50k-75k 20 $1,770,000 $88,500 $0 0.00%
    $50k or less 18 $1,070,000 $59,444 $0 0.00%
    $250k+ 6 $2,730,000 $455,000 $0 0.00%

    Laona State Bank lent most frequently to those with incomes in the $75k-100k range, with 25 originations. The second most popular income band? $150k-250k, with 23 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 118 $17,730,000 $150,254 $0 0.00%

    Laona State Bank lent most frequently to those with DTI ratios of Exempt%, with 118 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 108 $16,400,000 $151,852 $0 0.00%
    American Indian 7 $1,105,000 $157,857 $0 0.00%
    Not applicable 2 $200,000 $100,000 $0 0.00%
    Not provided 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.05%

    Laona State Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.20%

    Laona State Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 118 $17,730,000 $150,254

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    118 $17,730,000 $150,254