Blc Community Bank Mortgage Rates, Fees & Info
Little Chute, WILEI: 549300WVVCPSUJMG9419
Tax ID: 39-0147835
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Mortgage Data
Review & Overview
Blc Community Bank is a smaller bank specializing in Home Purchase and Refi loans. Blc Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Appleton, Oshkosh, Green Bay, Chicago, and Prescott Valley among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)Blc Community Bank 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. Blc Community 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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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 5.91% | 11/21/24 |
| 30 Year Conventional Refi | 5.87% | 11/21/24 |
| 30 Year Cash-out Refi | 6.92% | 11/21/24 |
| 15 Year Conventional Purchase | 5.54% | 11/21/24 |
| 15 Year Conventional Refi | 5.73% | 11/21/24 |
| 15 Year Cash-out Refi | 5.73% | 11/21/24 |
| 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. | ||
Blc Community Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from Blc Community Bank. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
193Origination Dollar Volume (All Markets)
$55,565,000Awards
BLC Community Bank - 2022
BLC Community Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| APPLETON, WI (FHA|USDA|VA) | 107 | $28,035,000 | $262,009 | $1,655 | 4.41% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 27 | $7,965,000 | $295,000 | $1,903 | 4.73% |
| GREEN BAY, WI (FHA|USDA|VA) | 18 | $6,630,000 | $368,333 | $1,876 | 4.29% |
| Outside of Metro Areas | 12 | $3,860,000 | $321,667 | $2,316 | 4.33% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $2,085,000 | $2,085,000 | $7,032 | 3.40% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $1,315,000 | $1,315,000 | $0 | 6.25% |
| Shawano, WI (FHA|USDA|VA) | 8 | $1,120,000 | $140,000 | $1,496 | 4.37% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $2,252 | 3.92% |
| MADISON, WI (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $2,243 | 4.00% |
| FOND DU LAC, WI (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $413 | 4.81% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $2,511 | 4.08% |
| Manitowoc, WI (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $2,271 | 4.60% |
| Marinette, WI-MI (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $1,805 | 4.43% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $2,762 | 3.90% |
| Platteville, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 3.75% |
| Baraboo, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.50% |
Similar Lenders
We use machine learning to identify the top lenders compared against BLC Community Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 193 | $55,565,000 | $287,902 | $1,812 | 4.43% |
For 2022, Blc Community Bank's most frequently originated type of loan was Conventional, with 193 originations.
Loan Reason
For 2022, Blc Community Bank's most frequently cited loan purpose was Home Purchase, with 127 originations. The 2nd most popular reason was Refi, with 41 originations.
Loan Duration/Length
For 2022, Blc Community Bank's most frequently cited loan duration was 30 Year, with 118 originations. The 2nd most popular length was 5 Year, with 38 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 148 | $42,410,000 | $286,554 |
| $2k-3k | 1 | $185,000 | $185,000 |
Blc Community Bank's average total fees were $1,931, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 148 originations.
Interest Rates
During 2022, Blc Community Bank's average interest rate for loans was 4.18%, while their most frequently originated rate bucket for loans was 3-4%, with 86 originations.
Loan Sizing
2022 saw Blc Community Bank place emphasis on $200k-400k loans with 71 originations, totaling $20,325,000 in origination value.
Applicant Income
Blc Community Bank lent most frequently to those with incomes in the $150k-250k range, with 37 originations. The second most popular income band? $250k+, with 31 originations.
Applicant Debt to Income Ratio
Blc Community Bank lent most frequently to those with DTI ratios of 20-30%, with 46 originations. The next most common DTI ratio? <20%, with 39 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.60%
Blc 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 origination90.67%
Blc Community Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 193 | $55,565,000 | $287,902 |