Dmb Community Bank Mortgage Rates, Fees & Info

DeForest, WI

LEI: 549300LC0BP2X1F6BE13

Tax ID: 39-0238020

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
  • Similar Lenders
  • 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

    Dmb Community Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Dmb Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Milwaukee, Madison, Janesville, Beaver Dam, and Watertown among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Dmb Community 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    68

    Origination Dollar Volume (All Markets)

    $46,680,000

    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
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 5 $29,505,000 $5,901,000 $0 0.00%
    MADISON, WI (FHA|USDA|VA) 51 $14,085,000 $276,176 $0 0.00%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 2 $990,000 $495,000 $0 0.00%
    Beaver Dam, WI (FHA|USDA|VA) 2 $640,000 $320,000 $0 0.00%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 2 $630,000 $315,000 $0 0.00%
    EAU CLAIRE, WI (FHA|USDA|VA) 2 $380,000 $190,000 $0 0.00%
    Outside of Metro Areas 2 $240,000 $120,000 $0 0.00%
    Baraboo, WI (FHA|USDA|VA) 2 $210,000 $105,000 $0 0.00%
    Dmb Community Bank's top markets include Milwaukee, Madison, Janesville, Beaver Dam, and Watertown among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against DMB Community Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Heartland Credit Union (Madison)
    Similarity Rank: 204
    The Park Bank
    Similarity Rank: 288
    State Bank of Cross Plains
    Similarity Rank: 429
    Landmark Credit Union
    Similarity Rank: 450
    Starion Bank
    Similarity Rank: 460
    The First National Bank and Trust Company
    Similarity Rank: 690
    Oregon Community Bank
    Similarity Rank: 832
    Bankers' Bank
    Similarity Rank: 870
    The Bank of New Glarus
    Similarity Rank: 950
    University of Wisconsin Credit Union
    Similarity Rank: 999

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 68 $46,680,000 $686,471 $0 0.00%

    For 2024, Dmb Community Bank's most frequently originated type of loan was Conventional, with 68 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 45 $24,455,000 $543,444 $0 0.00%
    Cash Out Refi 9 $19,875,000 $2,208,333 $0 0.00%
    Refi 8 $2,020,000 $252,500 $0 0.00%
    Home Improvement 4 $160,000 $40,000 $0 0.00%
    Other 2 $170,000 $85,000 $0 0.00%

    For 2024, Dmb Community Bank's most frequently cited loan purpose was Home Purchase, with 45 originations. The 2nd most popular reason was Cash Out Refi, with 9 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 68 $46,680,000 $686,471 $0 0.00%

    For 2024, Dmb Community Bank's most frequently cited loan duration was Other, with 68 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 30 $8,990,000 $299,667 $0 0.00%
    $100k-200k 15 $2,105,000 $140,333 $0 0.00%
    $100,000 or less 10 $560,000 $56,000 $0 0.00%
    $400k-600k 6 $2,740,000 $456,667 $0 0.00%
    $1MM+ 4 $30,310,000 $7,577,500 $0 0.00%
    $600k-1MM 3 $1,975,000 $658,333 $0 0.00%

    2024 saw Dmb Community Bank place emphasis on $200k-400k loans with 30 originations, totaling $8,990,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 15 $3,695,000 $246,333 $0 0.00%
    $150k-250k 15 $4,475,000 $298,333 $0 0.00%
    $50k-75k 6 $1,250,000 $208,333 $0 0.00%
    $50k or less 6 $630,000 $105,000 $0 0.00%
    $75k-100k 4 $950,000 $237,500 $0 0.00%
    $250k+ 3 $925,000 $308,333 $0 0.00%

    Dmb Community Bank lent most frequently to those with incomes in the $100k-150k range, with 15 originations. The second most popular income band? $150k-250k, with 15 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 68 $46,680,000 $686,471 $0 0.00%

    Dmb Community Bank lent most frequently to those with DTI ratios of Exempt%, with 68 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 13 $33,265,000 $2,558,846 $0 0.00%
    White 53 $12,815,000 $241,792 $0 0.00%
    Not provided 2 $600,000 $300,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.83%

    Dmb Community 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 origination
    64.71%

    Dmb Community Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 68 $46,680,000 $686,471

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    68 $46,680,000 $686,471