First Bank Of Baldwin Mortgage Rates, Fees & Info

Baldwin, WI

LEI: 549300PQ7WSN8JPB7M42

Tax ID: 39-0146527

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
  • Complaints
  • 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

    First Bank Of Baldwin is a smaller bank specializing in Home Purchase and Cash Out Refi loans. First Bank Of Baldwin has a high proportion of conventional loans. Their top markets by origination volume include: Eau Claire, Minneapolis, and Menomonie among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First Bank Of Baldwin 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

    27

    Origination Dollar Volume (All Markets)

    $2,375,000

    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 12 $1,310,000 $109,167 $0 0.00%
    EAU CLAIRE, WI (FHA|USDA|VA) 5 $565,000 $113,000 $0 0.00%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 9 $485,000 $53,889 $0 0.00%
    Menomonie, WI (FHA|USDA|VA) 1 $15,000 $15,000 $0 0.00%
    First Bank Of Baldwin's top markets include Eau Claire, Minneapolis, and Menomonie 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 27 $2,375,000 $87,963 $0 0.00%

    For 2019, First Bank Of Baldwin's most frequently originated type of loan was Conventional, with 27 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 11 $1,245,000 $113,182 $0 0.00%
    Cash Out Refi 9 $575,000 $63,889 $0 0.00%
    Home Improvement 3 $305,000 $101,667 $0 0.00%
    Refi 3 $205,000 $68,333 $0 0.00%
    Other 1 $45,000 $45,000 $0 0.00%

    For 2019, First Bank Of Baldwin's most frequently cited loan purpose was Home Purchase, with 11 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 27 $2,375,000 $87,963 $0 0.00%

    For 2019, First Bank Of Baldwin's most frequently cited loan duration was Other, with 27 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 19 $1,085,000 $57,105 $0 0.00%
    $100k-200k 6 $700,000 $116,667 $0 0.00%
    $200k-400k 2 $590,000 $295,000 $0 0.00%

    2019 saw First Bank Of Baldwin place emphasis on $100,000 or less loans with 19 originations, totaling $1,085,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 8 $360,000 $45,000 $0 0.00%
    $50k-75k 5 $305,000 $61,000 $0 0.00%
    $75k-100k 5 $535,000 $107,000 $0 0.00%
    $100k-150k 3 $235,000 $78,333 $0 0.00%
    $250k+ 2 $180,000 $90,000 $0 0.00%
    $150k-250k 1 $75,000 $75,000 $0 0.00%

    First Bank Of Baldwin lent most frequently to those with incomes in the $50k or less range, with 8 originations. The second most popular income band? $50k-75k, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 27 $2,375,000 $87,963 $0 0.00%

    First Bank Of Baldwin lent most frequently to those with DTI ratios of Exempt%, with 27 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 24 $1,690,000 $70,417 $0 0.00%
    Not applicable 3 $685,000 $228,333 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.29%

    First Bank Of Baldwin has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.48%

    First Bank Of Baldwin has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 27 $2,375,000 $87,963

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 6 $320,000 $53,333
    Single Family (1-4 Units):Site-Built 21 $2,055,000 $97,857

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Closing on a mortgage 2 33.3%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Struggling to pay mortgage 1 16.7%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Trouble during payment process 3 50.0%