Tri City National Bank Mortgage Rates, Fees & InfoOak Creek, WI
Tax ID: 39-1022456
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewTri City National Bank is a smaller bank specializing in Home Purchase and Refi loans. Tri City National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Milwaukee, Racine, Chicago, Stevens Point, and Miami among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)
Tri City 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. Tri City National Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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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|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.32%||5/27/23|
|30 Year Conventional Refi||6.08%||5/27/23|
|30 Year Cash-out Refi||6.61%||5/27/23|
|30 Year FHA Purchase||6.27%||5/27/23|
|30 Year FHA Refi||6.27%||5/27/23|
|30 Year VA Purchase||6.27%||5/27/23|
|30 Year VA Refi||6.27%||5/27/23|
|15 Year Conventional Purchase||5.86%||5/27/23|
|15 Year Conventional Refi||5.92%||5/27/23|
|15 Year Cash-out Refi||5.92%||5/27/23|
|These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.|
Tri City National Bank Mortgage Calculator
Your EstimatesEstimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Tri City National Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$215,845,000
Tri City National Bank - 2022
Tri City National Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Tri City National Bank's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of -0.43%.
Relative Fees (Closing Costs)
Tri City National Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $2,622.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
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)||363||$163,615,000||$450,730||$1,743||4.28%|
|RACINE, WI (FHA|USDA|VA)||100||$23,900,000||$239,000||$2,116||4.21%|
|Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA)||20||$21,180,000||$1,059,000||$2,332||4.38%|
|Stevens Point, WI (FHA|USDA|VA)||1||$1,835,000||$1,835,000||$0||5.50%|
|Outside of Metro Areas||5||$1,735,000||$347,000||$2,907||3.87%|
|Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)||1||$1,345,000||$1,345,000||$0||3.65%|
|FOND DU LAC, WI (FHA|USDA|VA)||1||$495,000||$495,000||$0||3.85%|
|OSHKOSH-NEENAH, WI (FHA|USDA|VA)||1||$435,000||$435,000||$3,411||3.00%|
|Shawano, WI (FHA|USDA|VA)||1||$275,000||$275,000||$0||3.99%|
|Manitowoc, WI (FHA|USDA|VA)||1||$255,000||$255,000||$2,980||5.38%|
|Whitewater, WI (FHA|USDA|VA)||2||$240,000||$120,000||$1,928||4.00%|
|GREEN BAY, WI (FHA|USDA|VA)||1||$225,000||$225,000||$2,595||5.50%|
|JANESVILLE-BELOIT, WI (FHA|USDA|VA)||1||$175,000||$175,000||$3,364||6.88%|
|SHEBOYGAN, WI (FHA|USDA|VA)||1||$135,000||$135,000||$0||4.75%|
We use machine learning to identify the top lenders compared against Tri City National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Tri City National Bank's most frequently originated type of loan was Conventional, with 443 originations. Their 2nd most popular type was HELOC, with 56 originations.
For 2022, Tri City National Bank's most frequently cited loan purpose was Home Purchase, with 208 originations. The 2nd most popular reason was Refi, with 151 originations.
For 2022, Tri City National Bank's most frequently cited loan duration was 30 Year, with 195 originations. The 2nd most popular length was 10 Year, with 70 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Tri City National Bank's average total fees were $2,622, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 262 originations.
During 2022, Tri City National Bank's average interest rate for loans was 4.33%, while their most frequently originated rate bucket for loans was 4-5%, with 156 originations.
2022 saw Tri City National Bank place emphasis on $100,000 or less loans with 156 originations, totaling $8,420,000 in origination value.
Tri City National Bank lent most frequently to those with incomes in the $50k-75k range, with 102 originations. The second most popular income band? $50k or less, with 89 originations.
Applicant Debt to Income Ratio
Tri City National Bank lent most frequently to those with DTI ratios of 20-30%, with 89 originations. The next most common DTI ratio? 30-36%, with 82 originations.
Approval RatesTotal approvals of all applications
Tri City National Bank has an average approval rate.
Pick RateApprovals leading to origination
Tri City National Bank has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|Bank Name||Product||Issue||2022 CPFB Complaints||% of Total Issues|
|TRUIST FINANCIAL CORPORATION||Conventional home mortgage||Trouble during payment process||3||37.5%|
|TRUIST FINANCIAL CORPORATION||FHA mortgage||Applying for a mortgage or refinancing an existing mortgage||1||12.5%|
|TRUIST FINANCIAL CORPORATION||FHA mortgage||Struggling to pay mortgage||1||12.5%|
|TRUIST FINANCIAL CORPORATION||FHA mortgage||Trouble during payment process||1||12.5%|
|TRUIST FINANCIAL CORPORATION||Other type of mortgage||Struggling to pay mortgage||1||12.5%|
|TRUIST FINANCIAL CORPORATION||VA mortgage||Applying for a mortgage or refinancing an existing mortgage||1||12.5%|