The Peshtigo National Bank Mortgage Rates, Fees & Info

PESHTIGO, WI

LEI: 549300LXCDKIWPEE4R73

Tax ID: 39-0534160

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Mortgage Data

Review & Overview

The Peshtigo National Bank is a smaller bank specializing in Home Purchase, Cash Out Refi, and Refi loans. The Peshtigo National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Green Bay, Marinette, Appleton, and Iron Mountain among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

The Peshtigo National Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

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Originations

72

Origination Dollar Volume (All Markets)

$8,820,000

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
GREEN BAY, WI (FHA|USDA|VA) 36 $5,170,000 $143,611 $0 0.00%
Marinette, WI-MI (FHA|USDA|VA) 30 $2,480,000 $82,667 $0 0.00%
APPLETON, WI (FHA|USDA|VA) 5 $1,115,000 $223,000 $0 0.00%
Iron Mountain, MI-WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
The Peshtigo National Bank's top markets include Green Bay, Marinette, Appleton, and Iron Mountain among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 72 $8,820,000 $122,500 $0 0.00%

    For 2019, The Peshtigo National Bank's most frequently originated type of loan was Conventional, with 72 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 34 $4,060,000 $119,412 $0 0.00%
    Cash Out Refi 22 $2,270,000 $103,182 $0 0.00%
    Refi 11 $2,065,000 $187,727 $0 0.00%
    Home Improvement 4 $340,000 $85,000 $0 0.00%
    Other 1 $85,000 $85,000 $0 0.00%

    For 2019, The Peshtigo National Bank's most frequently cited loan purpose was Home Purchase, with 34 originations. The 2nd most popular reason was Cash Out Refi, with 22 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 72 $8,820,000 $122,500 $0 0.00%

    For 2019, The Peshtigo National Bank's most frequently cited loan duration was Other, with 72 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 40 $2,070,000 $51,750 $0 0.00%
    $100k-200k 20 $2,710,000 $135,500 $0 0.00%
    $200k-400k 11 $2,975,000 $270,455 $0 0.00%
    $1MM+ 1 $1,065,000 $1,065,000 $0 0.00%

    2019 saw The Peshtigo National Bank place emphasis on $100,000 or less loans with 40 originations, totaling $2,070,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 16 $1,530,000 $95,625 $0 0.00%
    $50k or less 16 $1,090,000 $68,125 $0 0.00%
    $100k-150k 14 $2,020,000 $144,286 $0 0.00%
    $75k-100k 11 $1,225,000 $111,364 $0 0.00%
    $150k-250k 5 $695,000 $139,000 $0 0.00%
    $250k+ 2 $310,000 $155,000 $0 0.00%

    The Peshtigo National Bank lent most frequently to those with incomes in the $50k-75k range, with 16 originations. The second most popular income band? $50k or less, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 72 $8,820,000 $122,500 $0 0.00%

    The Peshtigo National Bank lent most frequently to those with DTI ratios of Exempt%, with 72 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 63 $6,835,000 $108,492 $0 0.00%
    Not applicable 8 $1,950,000 $243,750 $0 0.00%
    American Indian 1 $35,000 $35,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.04%

    The Peshtigo National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.50%

    The Peshtigo National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 72 $8,820,000 $122,500

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 3 $875,000 $291,667
    Single Family (1-4 Units):Manufactured 7 $425,000 $60,714
    Single Family (1-4 Units):Site-Built 62 $7,520,000 $121,290