Beaver Dam Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Beaver Dam averaged 6.69% for the week of 2024-07-18, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-07-11) was 6.51% and one month ago for the week of 2024-06-13, the average rate was 6.67%.

Beaver Dam's average rate one year ago was 6.58%.

For refis of the same type during the week of 2024-07-18, the average rate was 6.67%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-18 6.77%
Beaver Dam 30 Year Fixed Rate 2024-07-18 6.69%
Beaver Dam 30 Year Fixed Rate Refi 2024-07-18 6.67%
Beaver Dam 15 Year Fixed Rate 2024-07-18 6.25%
Beaver Dam 15 Year Fixed Rate Refi 2024-07-18 6.05%
Beaver Dam 30 Year FHA 2024-07-18 6.79%
Beaver Dam 30 Year FHA Refi 2024-07-18 6.69%
Beaver Dam 30 Year USDA 2024-07-18 6.73%
Beaver Dam 30 Year USDA Refi 2024-07-18 6.83%
Beaver Dam 30 Year VA 2024-07-18 6.38%
Beaver Dam 30 Year VA Refi 2024-07-18 6.5%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Beaver Dam, WI.

Beaver Dam Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Beaver Dam, WI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Summit Credit Union 97 6.56% $2,428
Horicon Bank 51 6.70% $1,880
Landmark Credit Union 49 6.43% $2,092
National Exchange Bank and Trust 35 6.06% $1,617
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 34 6.90% $4,117
Associated Bank 20 6.63% $2,298
MOVEMENT MORTGAGE, LLC 17 6.65% $5,828
QUICKEN LOANS, LLC 17 7.05% $5,441
University of Wisconsin Credit Union 14 6.15% $2,946
Bank Five Nine 14 6.70% $2,837
UNITED WHOLESALE MORTGAGE, LLC 12 6.80% $3,958
GUILD MORTGAGE COMPANY 10 6.83% $4,384
CROSSCOUNTRY MORTGAGE, LLC 10 7.14% $4,361
THOMPSON KANE & COMPANY, LLC 9 6.96% $4,669
Prosperity Home Mortgage, LLC 8 6.36% $3,557
U.S. Bank 8 6.80% $3,422
Deere Employees Credit Union 8 6.06% $3,673
Fox Valley Savings Bank 8 6.24% $1,360
Bank First, N.A. 7 6.64% $2,266
SUCCESS MORTGAGE PARTNERS, INC. 7 6.46% $6,455
NEWREZ LLC 7 6.55% $2,086
CMG MORTGAGE, INC. 7 6.57% $6,344
Ixonia Bank 6 7.16% $3,431
Barrington Bank & Trust Company, N.A. 6 6.48% $2,922
JPMorgan Chase Bank 6 6.75% $4,162
A + MORTGAGE SERVICES, INC. 5 6.52% $2,085
COMPEER FINANCIAL, FLCA 5 7.70% $3,373
WISCONSIN MORTGAGE CORPORATION 5 6.55% $2,599
GUARANTEED RATE AFFINITY, LLC 4 7.04% $2,870
Johnson Bank 4 6.83% $2,486
Bank of England 4 6.38% $3,952
The Huntington National Bank 4 6.72% $2,990
Bell Bank 4 7.00% $3,995
Westbury Bank 4 6.94% $2,352
BMO Harris Bank 3 7.29% $2,602
CORNERSTONE HOME LENDING, INC. 3 6.37% $3,861
First Federal Bank 3 6.71% $4,813
FIRST STATE MORTGAGE SERVICES, LLC 3 6.13% $3,996
Flagstar Bank, FSB 3 7.08% $3,085
GSF Mortgage Corporation 3 6.54% $3,173
GUARANTEED RATE, INC. 3 7.05% $5,082
Mr. Cooper ( Nationstar Mortgage ) 3 6.82% $7,869
Nations Lending Corporation 3 7.54% $3,056
NexBank 3 7.71% $5,049
Paramount Residential Mortgage Group, Inc. 3 7.42% $8,571
Waukesha State Bank 3 6.46% $2,758
Wells Fargo Bank 3 7.13% $5,768
WINGS FINANCIAL 3 6.92% $2,939
PLANET HOME LENDING, LLC 2 6.12% $4,756
MARINE 2 8.43% $5,229
Bank of Sun Prairie 2 6.50% $3,061
Bank of America 2 6.56% $3,786
V.I.P. MORTGAGE, INC. 2 7.00% $2,346
The Port Washington State Bank 2 6.75% $3,775
Bankers' Bank 2 7.50% $2,580
American Mortgage & Equity Consultants, Inc. 2 6.75% $5,934
Glacier Hills Credit Union 2 6.94% $1,749
EDUCATORS CREDIT UNION 2 6.50% $2,660
LOANDEPOT.COM, LLC 2 7.06% $6,061
CARDINAL FINANCIAL 2 6.75% $6,095
FIRST CENTENNIAL MORTGAGE CORPORATION 2 6.88% $2,670
CIBM Bank 1 6.00% $2,283
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.88% $7,481
PENNYMAC LOAN SERVICES, LLC 1 6.50% $8,983
PNC Bank 1 5.88% $3,105
PremierBank 1 6.45% $2,148
Prevail Bank 1 5.75% $2,276
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.13% $3,376
Charles Schwab Bank, SSB 1 5.60% $2,613
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.13% $2,130
Century Mortgage Company DBA Century Lending Company 1 7.63% $6,123
ROYAL UNITED MORTGAGE LLC 1 7.50% $5,291
Servion, Inc. 1 6.00% $2,345
State Bank of Cross Plains 1 7.25% $4,222
Carrington Mortgage Services, LLC 1 6.75% $6,106
Summit Mortgage Corporation 1 5.63% $2,643
The Bank of New Glarus 1 6.38% $3,067
CALIBER HOME LOANS, INC. 1 5.75% $3,372
Think Mutual Bank 1 6.00% $3,430
THRIVENT Federal Credit Union 1 6.50% $6,871
TOWNE MORTGAGE COMPANY 1 7.38% $12,784
Tri City National Bank 1 5.63% $2,295
UIF CORPORATION 1 7.00% $3,594
BETTER MORTGAGE CORPORATION 1 6.00% $4,067
Fortifi Bank 1 6.75% $2,823
FOX COMMUNITIES 1 5.63% $0
First National Bank of Omaha 1 6.75% $2,796
GATEWAY MORTGAGE CORPORATION 1 7.13% $3,689
Great Midwest Bank, S.S.B. 1 5.88% $2,138
VERITAS FUNDING, LLC 1 7.25% $10,208
First-Citizens Bank & Trust Company 1 7.50% $3,754
VERVE, A CREDIT UNION 1 7.00% $3,059
Heartland Credit Union (Madison) 1 7.38% $2,640
ENDEAVOR CAPITAL, LLC. 1 6.99% $7,552
EMBRACE HOME LOANS, INC. 1 6.38% $7,334
DRAPER AND KRAMER MORTGAGE CORP. 1 6.75% $2,668
Key Mortgage Services, Inc. 1 7.13% $3,622
Dollar Bank, Federal Savings Bank 1 6.50% $2,663
Mid-Continent Funding, Inc. 1 7.38% $12,640
Morgan Stanley Private Bank 1 6.65% $3,805
DAS Acquisition Company, LLC 1 7.50% $2,853
Citizens Bank 1 6.75% $8,383
Waterstone Mortgage Corporation 1 6.50% $5,567
NATIONS RELIABLE LENDING, LLC 1 7.13% $6,613

Beaver Dam Average Closing Costs & Other Stats

Beaver Dam, WI's 104 lenders originated 2,018 loans during 2023. The total origination value was $300,320,000, with an average loan value of $148,821.

Beaver Dam's average closing costs are $3,289.

The top Beaver Dam lender as defined by loan originations is Summit Credit Union, with 97 loans originated. Their average total fees are $2,428, which is $548 higher than the next largest lender, Horicon Bank.

The lowest fee Beaver Dam lenders (with over 10 loans originated) are National Exchange Bank and Trust ($1,617), Horicon Bank ($1,880), Landmark Credit Union ($2,092), Associated Bank ($2,298) and Summit Credit Union ($2,428).

The lowest rate Beaver Dam lenders (with over 10 loans originated) are National Exchange Bank and Trust (6.06%), University of Wisconsin Credit Union (6.15%), Landmark Credit Union (6.43%), Summit Credit Union (6.56%) and Associated Bank (6.63%).

Beaver Dam, WI Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Summit Credit Union $39,240,000 $44,850,000 14.3% 14.9%
Landmark Credit Union $31,535,000 $27,170,000 -13.8% 9.0%
Horicon Bank $23,575,000 $20,550,000 -12.8% 6.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $17,290,000 $11,995,000 -30.6% 4.0%
National Exchange Bank and Trust $11,770,000 $10,170,000 -13.6% 3.4%
Community First Credit Union $3,455,000 $8,095,000 134.3% 2.7%
QUICKEN LOANS, LLC $12,170,000 $8,085,000 -33.6% 2.7%
Associated Bank $9,895,000 $7,985,000 -19.3% 2.7%
University of Wisconsin Credit Union $8,375,000 $7,815,000 -6.7% 2.6%
MOVEMENT MORTGAGE, LLC $5,840,000 n/a 1.9%
UNITED WHOLESALE MORTGAGE, LLC $5,540,000 $5,570,000 0.5% 1.9%
Mortgage Research Center, LLC $3,435,000 $5,340,000 55.5% 1.8%
Bank Five Nine $7,070,000 $4,895,000 -30.8% 1.6%
BMO Harris Bank $7,825,000 $4,290,000 -45.2% 1.4%
GUILD MORTGAGE COMPANY $1,670,000 $3,920,000 134.7% 1.3%
Deere Employees Credit Union $4,135,000 $3,810,000 -7.9% 1.3%
CMG MORTGAGE, INC. $5,775,000 $3,785,000 -34.5% 1.3%
Prosperity Home Mortgage, LLC $3,435,000 $3,465,000 0.9% 1.2%
CROSSCOUNTRY MORTGAGE, LLC $2,745,000 $3,380,000 23.1% 1.1%
Barrington Bank & Trust Company, N.A. $2,435,000 $3,215,000 32.0% 1.1%
NEWREZ LLC $5,185,000 $3,155,000 -39.2% 1.1%
THOMPSON KANE & COMPANY, LLC $2,450,000 $3,020,000 23.3% 1.0%
U.S. Bank $7,520,000 $2,970,000 -60.5% 1.0%
Johnson Bank $2,880,000 $2,930,000 1.7% 1.0%
Bank First, N.A. $3,705,000 $2,705,000 -27.0% 0.9%
Farmers and Merchants Union Bank $4,885,000 $2,355,000 -51.8% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $2,825,000 $2,315,000 -18.1% 0.8%
Fox Valley Savings Bank $4,365,000 $2,250,000 -48.5% 0.7%
GUARANTEED RATE, INC. $2,150,000 $2,220,000 3.3% 0.7%
A + MORTGAGE SERVICES, INC. $2,565,000 $2,090,000 -18.5% 0.7%
MARINE $3,335,000 $2,065,000 -38.1% 0.7%
CORNERSTONE HOME LENDING, INC. $290,000 $2,035,000 601.7% 0.7%
Waukesha State Bank $3,590,000 $2,000,000 -44.3% 0.7%
WaterStone Bank, SSB $3,170,000 $1,965,000 -38.0% 0.7%
North Shore Bank FSB $1,285,000 $1,915,000 49.0% 0.6%
CARDINAL FINANCIAL $2,360,000 $1,800,000 -23.7% 0.6%
PLANET HOME LENDING, LLC $2,785,000 $1,790,000 -35.7% 0.6%
Ixonia Bank $1,855,000 $1,755,000 -5.4% 0.6%
PremierBank $8,180,000 $1,650,000 -79.8% 0.5%
COMPEER FINANCIAL, FLCA $2,935,000 $1,545,000 -47.4% 0.5%
GSF Mortgage Corporation $925,000 $1,545,000 67.0% 0.5%
GUARANTEED RATE AFFINITY, LLC $740,000 $1,545,000 108.8% 0.5%
SUCCESS MORTGAGE PARTNERS, INC. $1,695,000 $1,525,000 -10.0% 0.5%
Bank of Sun Prairie $1,650,000 $1,385,000 -16.1% 0.5%
EDUCATORS CREDIT UNION $990,000 $1,330,000 34.3% 0.4%
Paramount Residential Mortgage Group, Inc. $3,430,000 $1,315,000 -61.7% 0.4%
Bell Bank $2,370,000 $1,300,000 -45.1% 0.4%
The Huntington National Bank $335,000 $1,295,000 286.6% 0.4%
BROKER SOLUTIONS, INC. $1,350,000 $1,240,000 -8.1% 0.4%
Bank of Deerfield $1,155,000 $1,200,000 3.9% 0.4%
LOANDEPOT.COM, LLC $3,485,000 $1,180,000 -66.1% 0.4%
WISCONSIN MORTGAGE CORPORATION $2,380,000 $1,180,000 -50.4% 0.4%
Bank of England $1,600,000 $1,120,000 -30.0% 0.4%
Westbury Bank $1,215,000 $1,110,000 -8.6% 0.4%
V.I.P. MORTGAGE, INC. $540,000 $1,040,000 92.6% 0.3%
JPMorgan Chase Bank $4,995,000 $1,030,000 -79.4% 0.3%
FORTE BANK $2,605,000 $1,000,000 -61.6% 0.3%
PENNYMAC LOAN SERVICES, LLC $1,510,000 $965,000 -36.1% 0.3%
FREEDOM MORTGAGE CORPORATION $3,160,000 $960,000 -69.6% 0.3%
Bank of America $565,000 $920,000 62.8% 0.3%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $165,000 $915,000 454.5% 0.3%
Flagstar Bank, FSB $1,680,000 $900,000 -46.4% 0.3%
Dollar Bank, Federal Savings Bank $835,000 n/a 0.3%
Farmers & Merchants State Bank $2,255,000 $790,000 -65.0% 0.3%
First Federal Bank $1,010,000 $775,000 -23.3% 0.3%
The Bank of Brodhead $765,000 n/a 0.3%
FIRST CENTENNIAL MORTGAGE CORPORATION $1,195,000 $730,000 -38.9% 0.2%
Heartland Credit Union (Madison) $785,000 $725,000 -7.6% 0.2%
WINGS FINANCIAL $715,000 n/a 0.2%
Glacier Hills Credit Union $1,220,000 $680,000 -44.3% 0.2%
State Bank of Cross Plains $1,100,000 $680,000 -38.2% 0.2%
The Port Washington State Bank $475,000 $675,000 42.1% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $125,000 $660,000 428.0% 0.2%
NAVY FEDERAL CREDIT UNION $1,990,000 $655,000 -67.1% 0.2%
Wells Fargo Bank $4,430,000 $645,000 -85.4% 0.2%
Nations Lending Corporation $1,325,000 $625,000 -52.8% 0.2%
NexBank $625,000 n/a 0.2%
TOWNE MORTGAGE COMPANY $255,000 $590,000 131.4% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $175,000 $570,000 225.7% 0.2%
FIRST STATE MORTGAGE SERVICES, LLC $810,000 $565,000 -30.2% 0.2%
MID AMERICA MORTGAGE, INC. $870,000 $560,000 -35.6% 0.2%
Old National Bank $1,415,000 $555,000 -60.8% 0.2%
ENDEAVOR CAPITAL, LLC. $525,000 n/a 0.2%
The Bank of New Glarus $155,000 $525,000 238.7% 0.2%
Century Mortgage Company DBA Century Lending Company $145,000 $520,000 258.6% 0.2%
Mid-Continent Funding, Inc. $205,000 $510,000 148.8% 0.2%
American Mortgage & Equity Consultants, Inc. $1,435,000 $500,000 -65.2% 0.2%
Arvest Bank $470,000 n/a 0.2%
CREDIT HUMAN FEDERAL CREDIT UNION $465,000 n/a 0.2%
VERVE, A CREDIT UNION $1,095,000 $465,000 -57.5% 0.2%
Servion, Inc. $695,000 $440,000 -36.7% 0.1%
Great Midwest Bank, S.S.B. $320,000 $425,000 32.8% 0.1%
Citizens State Bank $415,000 n/a 0.1%
Farmers Savings Bank $390,000 n/a 0.1%
Waterstone Mortgage Corporation $3,325,000 $390,000 -88.3% 0.1%
AMERISAVE MORTGAGE CORPORATION $1,790,000 $360,000 -79.9% 0.1%
Key Mortgage Services, Inc. $345,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $340,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $560,000 $335,000 -40.2% 0.1%
FIDELITY BANK $325,000 n/a 0.1%
East Wisconsin Savings Bank $315,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $375,000 $315,000 -16.0% 0.1%
Carrington Mortgage Services, LLC $1,545,000 $310,000 -79.9% 0.1%
M&T Bank $305,000 n/a 0.1%
USAA Federal Savings Bank $175,000 $305,000 74.3% 0.1%
Badger Bank $725,000 $300,000 -58.6% 0.1%
Morgan Stanley Private Bank $295,000 n/a 0.1%
THRIVENT Federal Credit Union $295,000 n/a 0.1%
Charles Schwab Bank, SSB $285,000 n/a 0.1%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $285,000 n/a 0.1%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $275,000 n/a 0.1%
CoVantage Credit Union $130,000 $265,000 103.8% 0.1%
Think Mutual Bank $265,000 n/a 0.1%
Discover Bank $360,000 $255,000 -29.2% 0.1%
PHH Mortgage Corporation $255,000 n/a 0.1%
Bankers' Bank $2,050,000 $250,000 -87.8% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $670,000 $245,000 -63.4% 0.1%
Citizens Bank $370,000 $235,000 -36.5% 0.1%
PLAZA HOME MORTGAGE, INC. $235,000 n/a 0.1%
AXIA FINANCIAL, LLC $905,000 $225,000 -75.1% 0.1%
TOP FLITE FINANCIAL, INC. $225,000 n/a 0.1%
West Pointe Bank $285,000 $225,000 -21.1% 0.1%
Fortifi Bank $495,000 $215,000 -56.6% 0.1%
NATIONS DIRECT MORTGAGE, LLC $215,000 n/a 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $215,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $270,000 $215,000 -20.4% 0.1%
Figure Lending LLC $105,000 $205,000 95.2% 0.1%
Town Bank, N.A. $675,000 $205,000 -69.6% 0.1%
CALIBER HOME LOANS, INC. $1,990,000 $190,000 -90.5% 0.1%
PNC Bank $1,315,000 $190,000 -85.6% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $330,000 $185,000 -43.9% 0.1%
INB $185,000 n/a 0.1%
NATIONS RELIABLE LENDING, LLC $320,000 $185,000 -42.2% 0.1%
Tri City National Bank $185,000 n/a 0.1%
VERITAS FUNDING, LLC $185,000 n/a 0.1%
ALLIANT $175,000 n/a 0.1%
Equity Prime Mortgage LLC $305,000 $175,000 -42.6% 0.1%
PENTAGON FEDERAL CREDIT UNION $175,000 n/a 0.1%
Regions Bank $175,000 $175,000 0.0% 0.1%
The Federal Savings Bank $175,000 n/a 0.1%
FOX COMMUNITIES $185,000 $170,000 -8.1% 0.1%
CIBM Bank $590,000 $165,000 -72.0% 0.1%
LENDINGHOME FUNDING CORPORATION $165,000 n/a 0.1%
Prevail Bank $165,000 n/a 0.1%
Summit Mortgage Corporation $320,000 $165,000 -48.4% 0.1%
BETTER MORTGAGE CORPORATION $340,000 $155,000 -54.4% 0.1%
Capitol Bank $155,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $155,000 n/a 0.1%
DAS Acquisition Company, LLC $125,000 $155,000 24.0% 0.1%
Honor Credit Union $155,000 n/a 0.1%
NEXERA HOLDING LLC $155,000 n/a 0.1%
Nicolet National Bank $325,000 $155,000 -52.3% 0.1%
First National Bank of Omaha $150,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $635,000 $145,000 -77.2% 0.0%
TRUSTONE FINANCIAL FEDERAL CREDIT UNION $695,000 $140,000 -79.9% 0.0%
First-Citizens Bank & Trust Company $125,000 n/a 0.0%
Guardian Credit Union $590,000 $125,000 -78.8% 0.0%
UIF CORPORATION $125,000 n/a 0.0%
First American Bank $220,000 $120,000 -45.5% 0.0%
AMERICAN HERITAGE LENDING, INC. $115,000 n/a 0.0%
Citadel Servicing Corporation $115,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $115,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $210,000 $115,000 -45.2% 0.0%
GATEWAY MORTGAGE CORPORATION $105,000 n/a 0.0%
Kohler Credit Union $540,000 $105,000 -80.6% 0.0%
21ST MORTGAGE CORPORATION $230,000 $100,000 -56.5% 0.0%
CO-OP Credit Union $85,000 n/a 0.0%
Coastal Community Bank $80,000 n/a 0.0%
Centier Bank $45,000 $75,000 66.7% 0.0%
Plains Commerce Bank $65,000 n/a 0.0%
ALTRA $55,000 n/a 0.0%
CAPITAL Credit Union $505,000 $55,000 -89.1% 0.0%
IDEAL $195,000 $55,000 -71.8% 0.0%
The Bank of Elk River $55,000 n/a 0.0%
AFFINITY PLUS $45,000 n/a 0.0%
Connexus Credit Union $45,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $45,000 n/a 0.0%
Wolf River Community Bank $35,000 n/a 0.0%

Beaver Dam's top lender by overall market share is Summit Credit Union, with 14.9% market share. In second place, with 9.0%, is Landmark Credit Union, having originated $27,170,000 in loans. In third place, with 6.8%, is Horicon Bank, having originated $20,550,000 in loans. In fourth place, with 4.0%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $11,995,000 in loans. In fifth place, with 3.4%, is National Exchange Bank and Trust, having originated $10,170,000 in loans.

Beaver Dam, WI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 844 $198,080,000 $234,692
Home Improvement 344 $20,770,000 $60,378
Other 320 $17,670,000 $55,219
Refi 258 $29,800,000 $115,504
Cash Out Refi 252 $34,000,000 $134,921

Beaver Dam's most frequently cited loan purpose was Home Purchase, with 844 originations. The 2nd most popular reason was Home Improvement, with 344 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 521 $116,575,000 $223,752
7-8% 455 $70,055,000 $153,967
Over 8% 328 $24,930,000 $76,006
5-6% 256 $48,210,000 $188,320
<2.5% 218 $13,950,000 $63,991
3-4% 87 $6,035,000 $69,368
4-5% 80 $7,540,000 $94,250
2.5-3% 34 $2,850,000 $83,824

During 2023, Beaver Dam's most frequently originated rate bucket was 6-7%, with 521 originations.

Loan Sizing (Beaver Dam, WI MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 891 $42,405,000 $47,593
$100k-200k 594 $87,470,000 $147,256
$200k-400k 472 $127,520,000 $270,169
$400k-600k 50 $23,690,000 $473,800
$600k-1000k 7 $5,045,000 $720,714
$Over $1MM 4 $14,190,000 $3,547,500

Beaver Dam's loan sizing saw the bucket of loans from $100,000 or less with 891 originations, totaling $42,405,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 551 $126,615,000 $229,791
Under 20% 503 $20,405,000 $40,567
20-40% 428 $34,410,000 $80,397
60-80% 313 $78,285,000 $250,112
40-60% 166 $25,670,000 $154,639
Over 100% 14 $4,150,000 $296,429

Beaver Dam's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 551 originations, totaling $126,615,000 in origination value.