Governmental Employees Mortgage Rates, Fees & Info

La Crosse, WI

LEI: 549300J51TCIL2CWJP16

Tax ID: 39-6049660

Latest/2023 | 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

    Governmental Employees is a smaller mortgage company specializing in Refi loans. Governmental Employees has a high proportion of conventional loans. Their top markets by origination volume include: La Crosse, Baraboo, Winona, Madison, and Watertown among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Governmental Employees 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.

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    Originations

    162

    Origination Dollar Volume (All Markets)

    $19,060,000

    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
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 123 $14,665,000 $119,228 $0 0.00%
    Outside of Metro Areas 33 $3,935,000 $119,242 $0 0.00%
    Baraboo, WI (FHA|USDA|VA) 2 $250,000 $125,000 $0 0.00%
    Winona, MN (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    MADISON, WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $25,000 $25,000 $0 0.00%
    Governmental Employees's top markets include La Crosse, Baraboo, Winona, Madison, and Watertown among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 162 $19,060,000 $117,654 $0 0.00%

    For 2021, Governmental Employees's most frequently originated type of loan was Conventional, with 162 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 100 $11,810,000 $118,100 $0 0.00%
    Home Improvement 36 $3,180,000 $88,333 $0 0.00%
    Home Purchase 17 $2,755,000 $162,059 $0 0.00%
    Cash Out Refi 9 $1,315,000 $146,111 $0 0.00%

    For 2021, Governmental Employees's most frequently cited loan purpose was Refi, with 100 originations. The 2nd most popular reason was Home Improvement, with 36 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 162 $19,060,000 $117,654 $0 0.00%

    For 2021, Governmental Employees's most frequently cited loan duration was Other, with 162 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 72 $9,730,000 $135,139 $0 0.00%
    $100,000 or less 69 $4,095,000 $59,348 $0 0.00%
    $200k-400k 21 $5,235,000 $249,286 $0 0.00%

    2021 saw Governmental Employees place emphasis on $100k-200k loans with 72 originations, totaling $9,730,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 53 $6,125,000 $115,566 $0 0.00%
    $100k-150k 37 $4,865,000 $131,486 $0 0.00%
    $75k-100k 32 $3,690,000 $115,313 $0 0.00%
    $50k or less 22 $1,850,000 $84,091 $0 0.00%
    $150k-250k 16 $2,210,000 $138,125 $0 0.00%

    Governmental Employees lent most frequently to those with incomes in the $50k-75k range, with 53 originations. The second most popular income band? $100k-150k, with 37 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 162 $19,060,000 $117,654 $0 0.00%

    Governmental Employees lent most frequently to those with DTI ratios of Exempt%, with 162 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 157 $18,505,000 $117,866 $0 0.00%
    Not provided 2 $210,000 $105,000 $0 0.00%
    Native Hawaiian or Islander 1 $205,000 $205,000 $0 0.00%
    Asian 2 $140,000 $70,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    Governmental Employees has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    98.77%

    Governmental Employees 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 162 $19,060,000 $117,654

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    162 $19,060,000 $117,654