JANESVILLE - BELOIT Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Janesville - Beloit averaged 6.59% for the week of 2025-06-18, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2025-06-12) was 6.62% and one month ago for the week of 2025-05-15, the average rate was 6.59%.

Janesville - Beloit's average rate one year ago was 6.93%.

For refis of the same type during the week of 2025-06-18, the average rate was 6.62%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Janesville - Beloit 30 Year Fixed Rate 2025-06-18 6.59%
Janesville - Beloit 30 Year Fixed Rate Refi 2025-06-18 6.62%
Janesville - Beloit 15 Year Fixed Rate 2025-06-18 5.96%
Janesville - Beloit 15 Year Fixed Rate Refi 2025-06-18 6.36%
Janesville - Beloit 30 Year FHA 2025-06-18 0.2%
Janesville - Beloit 30 Year FHA Refi 2025-06-18 0%
Janesville - Beloit 30 Year USDA 2025-06-18 0%
Janesville - Beloit 30 Year USDA Refi 2025-06-18 0%
Janesville - Beloit 30 Year VA 2025-06-18 0.26%
Janesville - Beloit 30 Year VA Refi 2025-06-18 -0.19%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within JANESVILLE-BELOIT, WI.

JANESVILLE - BELOIT 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 JANESVILLE-BELOIT, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Johnson Bank 178 6.49% $2,271
Summit Credit Union 122 6.63% $2,881
GUILD MORTGAGE COMPANY 94 6.83% $5,427
Blackhawk Community Credit Union 81 6.79% $2,705
University of Wisconsin Credit Union 76 6.46% $3,725
The First National Bank and Trust Company 58 6.89% $3,152
QUICKEN LOANS, LLC 51 6.86% $5,884
Associated Bank 50 6.41% $2,529
First Mid Bank & Trust 50 6.40% $3,374
First Community Credit Union 47 6.67% $1,791
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 46 6.77% $3,872
THOMPSON KANE & COMPANY, LLC 39 6.79% $4,555
Barrington Bank & Trust Company, N.A. 35 6.69% $3,401
U.S. Bank 32 6.82% $3,380
JPMorgan Chase Bank 26 6.61% $4,217
UNITED WHOLESALE MORTGAGE, LLC 26 6.80% $6,795
NEWREZ LLC 21 6.89% $4,556
EDUCATORS CREDIT UNION 20 6.59% $2,243
The Bank of New Glarus 20 6.98% $2,048
MORTGAGE CENTER L.C 20 6.33% $3,553
State Bank of Cross Plains 15 6.64% $2,787
Bell Bank 15 6.65% $7,734
The Huntington National Bank 14 7.00% $4,089
WISCONSIN MORTGAGE CORPORATION 14 6.62% $2,940
Old National Bank 12 6.47% $3,034
CARDINAL FINANCIAL 11 6.58% $10,537
SECURITYNATIONAL MORTGAGE COMPANY 10 6.85% $7,413
Mr. Cooper ( Nationstar Mortgage ) 10 6.90% $6,872
CROSSCOUNTRY MORTGAGE, LLC 10 7.07% $4,956
LOANDEPOT.COM, LLC 10 6.53% $6,814
Nations Lending Corporation 9 6.64% $3,950
GREENSTATE CREDIT UNION 9 6.73% $3,272
Prosperity Home Mortgage, LLC 8 6.75% $3,994
BMO Harris Bank 8 6.55% $4,032
DAS Acquisition Company, LLC 8 7.11% $4,960
Bankers' Bank 8 6.78% $3,329
Ixonia Bank 7 6.57% $3,842
FIRST COLONY MORTGAGE CORPORATION 7 6.70% $5,286
Wells Fargo Bank 7 6.39% $4,356
Landmark Credit Union 7 6.81% $2,229
BROKER SOLUTIONS, INC. 6 6.54% $4,972
Bank Five Nine 6 6.17% $3,503
PLANET HOME LENDING, LLC 6 6.63% $3,916
CBI Bank & Trust 6 6.77% $2,742
GUARANTEED RATE, INC. 6 6.31% $3,342
WINGS FINANCIAL 5 6.63% $2,829
Bank of England 4 6.44% $3,944
FIRST NORTHERN Credit Union 4 6.97% $2,789
The Park Bank 4 6.56% $3,112
COMPEER FINANCIAL, FLCA 4 7.34% $3,262
AmeriHome Mortgage Company, LLC 4 6.90% $2,959
NexBank 4 6.84% $4,910
Oregon Community Bank 4 7.16% $2,317
S1L, Inc. 3 6.92% $3,535
PREMIA MORTGAGE, LLC 3 6.83% $1,544
Bank First, N.A. 3 6.33% $2,471
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 3 7.21% $4,706
ENVOY MORTGAGE, LTD 3 7.13% $3,677
First National Bank of America 3 11.08% $7,498
First National Bank of Omaha 3 7.04% $3,380
Heartland Credit Union (Madison) 3 6.67% $3,558
MARINE 3 10.91% $4,236
Merchants Bank 3 6.28% $2,785
MOVEMENT MORTGAGE, LLC 3 7.23% $4,939
A + MORTGAGE SERVICES, INC. 3 6.37% $4,117
Paramount Residential Mortgage Group, Inc. 3 7.21% $7,337
First Federal Bank 2 7.06% $2,567
Fifth Third Bank 2 7.19% $2,892
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.68% $3,041
PLAZA HOME MORTGAGE, INC. 2 7.00% $3,201
AMERISAVE MORTGAGE CORPORATION 2 7.00% $7,352
Ally Bank 2 7.06% $2,969
Mortgage Research Center, LLC 2 6.56% $3,573
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.37% $7,023
DUPACO COMMUNITY 2 6.31% $3,265
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.99% $7,613
UNION HOME MORTGAGE CORP. 2 7.19% $4,145
Sierra Pacific Mortgage Company, Inc. 2 6.50% $1,883
Servion, Inc. 2 6.38% $2,463
PHH Mortgage Corporation 2 6.75% $7,255
Nicolet National Bank 2 7.00% $3,830
PENNYMAC LOAN SERVICES, LLC 2 7.19% $10,502
Great Midwest Bank, S.S.B. 2 7.44% $3,976
HOMESIDE FINANCIAL, LLC 2 6.93% $6,657
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.94% $3,300
BETTER MORTGAGE CORPORATION 2 5.94% $11,698
FIRST STATE MORTGAGE SERVICES, LLC 2 6.56% $2,865
ZILLOW HOME LOANS, LLC 1 6.63% $4,269
American Mortgage & Equity Consultants, Inc. 1 6.63% $5,025
AMERICAN PACIFIC MORTGAGE CORPORATION 1 8.38% $4,640
Bank of Springfield 1 6.88% $2,428
Baxter Credit Union 1 4.50% $4,212
CALCON MUTUAL MORTGAGE LLC 1 6.88% $4,764
Carrington Mortgage Services, LLC 1 6.63% $10,355
Century Mortgage Company DBA Century Lending Company 1 7.00% $3,140
CHURCHILL MORTGAGE CORPORATION 1 7.38% $8,307
CMG MORTGAGE, INC. 1 7.50% $4,022
Community Mortgage Banc Corporation 1 7.63% $2,872
Deere Employees Credit Union 1 5.74% $3,766
Discover Bank 1 6.78% $0
ENDEAVOR CAPITAL, LLC. 1 6.13% $5,701
Flagstar Bank, FSB 1 7.13% $2,545
FOX COMMUNITIES 1 6.63% $2,324
Frandsen Bank & Trust 1 7.99% $6,109
FREEDOM MORTGAGE CORPORATION 1 6.25% $5,838
Goldwater Bank, N.A. 1 6.88% $5,691
GUARANTEED RATE AFFINITY, LLC 1 6.25% $3,209
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 7.63% $14,376
Merchants Bank of Indiana 1 7.00% $3,004
NAVY FEDERAL CREDIT UNION 1 7.13% $2,649
North American Savings Bank, F.S.B. 1 6.88% $9,648
NUMARK CREDIT UNION 1 6.13% $3,505
Plains Commerce Bank 1 6.88% $8,994
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $6,182
ROYAL UNITED MORTGAGE LLC 1 7.00% $7,691
Stillman Bank 1 5.70% $5,450
T2 FINANCIAL LLC 1 6.99% $5,472
The Equitable Bank, S.S.B. 1 6.13% $1,757
The Federal Savings Bank 1 6.63% $6,673
The Greenwood's State Bank 1 7.13% $2,126
TOTAL MORTGAGE SERVICES, LLC 1 7.50% $3,710
TRUSTONE FINANCIAL FEDERAL CREDIT UNION 1 6.50% $3,162
USAA Federal Savings Bank 1 7.00% $3,746
VILLAGE CAPITAL MORTGAGE 1 6.88% $5,580
Waterstone Mortgage Corporation 1 6.99% $2,675
WRIGHT-PATT CREDIT UNION, INC. 1 6.13% $8,407
AFFINITY PLUS 1 6.50% $6,515

JANESVILLE - BELOIT Average Closing Costs & Other Stats

JANESVILLE-BELOIT, WI's 127 lenders originated 4,784 loans during 2024. The total origination value was $788,560,000, with an average loan value of $164,833.

JANESVILLE - BELOIT's average closing costs are $3,717.

The top JANESVILLE - BELOIT lender as defined by loan originations is Johnson Bank, with 178 loans originated. Their average total fees are $2,271, which is $610 lower than the next largest lender, Summit Credit Union.

The lowest fee JANESVILLE - BELOIT lenders (with over 10 loans originated) are First Community Credit Union ($1,791), The Bank of New Glarus ($2,048), EDUCATORS CREDIT UNION ($2,243), Johnson Bank ($2,271) and Associated Bank ($2,529).

The lowest rate JANESVILLE - BELOIT lenders (with over 10 loans originated) are MORTGAGE CENTER L.C (6.33%), First Mid Bank & Trust (6.40%), Associated Bank (6.41%), University of Wisconsin Credit Union (6.46%) and Old National Bank (6.47%).

JANESVILLE-BELOIT, 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
Johnson Bank $61,425,000 $78,070,000 27.1% 9.9%
Summit Credit Union $60,595,000 $61,715,000 1.8% 7.8%
Blackhawk Community Credit Union $51,285,000 $43,990,000 -14.2% 5.6%
GUILD MORTGAGE COMPANY $29,805,000 $36,950,000 24.0% 4.7%
University of Wisconsin Credit Union $26,340,000 $32,275,000 22.5% 4.1%
The First National Bank and Trust Company $19,195,000 $25,860,000 34.7% 3.3%
QUICKEN LOANS, LLC $24,130,000 $25,575,000 6.0% 3.2%
THOMPSON KANE & COMPANY, LLC $21,025,000 $20,355,000 -3.2% 2.6%
Mortgage Research Center, LLC $11,955,000 $19,800,000 65.6% 2.5%
ADVIA $11,420,000 $17,555,000 53.7% 2.2%
UNITED WHOLESALE MORTGAGE, LLC $9,295,000 $17,280,000 85.9% 2.2%
First Community Bank $11,160,000 $16,125,000 44.5% 2.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $13,320,000 $16,080,000 20.7% 2.0%
Associated Bank $13,335,000 $15,630,000 17.2% 2.0%
BMO Harris Bank $8,130,000 $14,295,000 75.8% 1.8%
First Mid Bank & Trust $795,000 $13,255,000 1,567.3% 1.7%
Barrington Bank & Trust Company, N.A. $9,730,000 $12,540,000 28.9% 1.6%
First Community Credit Union $9,530,000 $12,485,000 31.0% 1.6%
U.S. Bank $9,070,000 $11,905,000 31.3% 1.5%
Wisconsin River Bank $9,170,000 $11,630,000 26.8% 1.5%
EDUCATORS CREDIT UNION $13,775,000 $11,120,000 -19.3% 1.4%
NEWREZ LLC $2,930,000 $10,140,000 246.1% 1.3%
Bell Bank $8,285,000 $8,635,000 4.2% 1.1%
Landmark Credit Union $2,500,000 $8,605,000 244.2% 1.1%
PremierBank $5,430,000 $8,595,000 58.3% 1.1%
Old National Bank $5,785,000 $7,100,000 22.7% 0.9%
State Bank of Cross Plains $6,250,000 $7,045,000 12.7% 0.9%
Bank of Milton $9,225,000 $7,010,000 -24.0% 0.9%
The Bank of New Glarus $9,420,000 $6,920,000 -26.5% 0.9%
MORTGAGE CENTER L.C $4,315,000 $6,705,000 55.4% 0.9%
FREEDOM MORTGAGE CORPORATION $840,000 $6,455,000 668.5% 0.8%
JPMorgan Chase Bank $5,070,000 $6,455,000 27.3% 0.8%
The Bank of Brodhead $6,510,000 $6,345,000 -2.5% 0.8%
CARDINAL FINANCIAL $4,750,000 $6,100,000 28.4% 0.8%
CROSSCOUNTRY MORTGAGE, LLC $2,840,000 $5,990,000 110.9% 0.8%
The Huntington National Bank $1,395,000 $5,275,000 278.1% 0.7%
PENNYMAC LOAN SERVICES, LLC $2,870,000 $5,175,000 80.3% 0.7%
LOANDEPOT.COM, LLC $3,685,000 $5,140,000 39.5% 0.7%
PLANET HOME LENDING, LLC $2,555,000 $4,620,000 80.8% 0.6%
WISCONSIN MORTGAGE CORPORATION $2,790,000 $4,110,000 47.3% 0.5%
GREENSTATE CREDIT UNION $4,195,000 $3,970,000 -5.4% 0.5%
CBI Bank & Trust $505,000 $3,785,000 649.5% 0.5%
Prosperity Home Mortgage, LLC $3,915,000 $3,695,000 -5.6% 0.5%
SECURITYNATIONAL MORTGAGE COMPANY $3,685,000 n/a 0.5%
Mr. Cooper ( Nationstar Mortgage ) $2,635,000 $3,600,000 36.6% 0.5%
Nations Lending Corporation $3,235,000 $3,575,000 10.5% 0.5%
FIRST COLONY MORTGAGE CORPORATION $2,940,000 n/a 0.4%
Woodford State Bank $2,860,000 $2,935,000 2.6% 0.4%
Bank Five Nine $530,000 $2,680,000 405.7% 0.3%
Ixonia Bank $2,070,000 $2,525,000 22.0% 0.3%
BROKER SOLUTIONS, INC. $1,605,000 $2,425,000 51.1% 0.3%
DAS Acquisition Company, LLC $1,015,000 $2,405,000 136.9% 0.3%
GUARANTEED RATE, INC. $4,720,000 $2,200,000 -53.4% 0.3%
Wells Fargo Bank $2,505,000 $2,195,000 -12.4% 0.3%
Bank of Sun Prairie $905,000 $2,135,000 135.9% 0.3%
Bank of Deerfield $4,120,000 $2,025,000 -50.8% 0.3%
The Park Bank $3,355,000 $1,995,000 -40.5% 0.3%
UNION HOME MORTGAGE CORP. $600,000 $1,970,000 228.3% 0.2%
ENVOY MORTGAGE, LTD $8,505,000 $1,935,000 -77.2% 0.2%
Oregon Community Bank $1,510,000 $1,925,000 27.5% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $500,000 $1,805,000 261.0% 0.2%
Bankers' Bank $2,750,000 $1,765,000 -35.8% 0.2%
WINGS FINANCIAL $575,000 $1,660,000 188.7% 0.2%
Paramount Residential Mortgage Group, Inc. $485,000 $1,650,000 240.2% 0.2%
LAKEVIEW LOAN SERVICING, LLC $300,000 $1,590,000 430.0% 0.2%
Bank First, N.A. $795,000 $1,530,000 92.5% 0.2%
Byron Bank $75,000 $1,485,000 1,880.0% 0.2%
TRIAD FINANCIAL SERVICES, INC. $635,000 $1,470,000 131.5% 0.2%
NAVY FEDERAL CREDIT UNION $3,100,000 $1,410,000 -54.5% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,390,000 n/a 0.2%
MARINE $1,920,000 $1,380,000 -28.1% 0.2%
Sauk Valley Bank & Trust Company $225,000 $1,340,000 495.6% 0.2%
Discover Bank $1,470,000 $1,300,000 -11.6% 0.2%
Bank of England $1,755,000 $1,265,000 -27.9% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,610,000 $1,230,000 -23.6% 0.2%
A + MORTGAGE SERVICES, INC. $2,155,000 $1,220,000 -43.4% 0.2%
LENDINGHOME FUNDING CORPORATION $1,210,000 n/a 0.2%
Heartland Credit Union (Madison) $795,000 $1,160,000 45.9% 0.1%
PREMIA MORTGAGE, LLC $285,000 $1,145,000 301.8% 0.1%
Horicon Bank $1,135,000 n/a 0.1%
S1L, Inc. $1,135,000 n/a 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $445,000 $1,125,000 152.8% 0.1%
Byline Bank $1,105,000 n/a 0.1%
Coastal Community Bank $415,000 $1,090,000 162.7% 0.1%
ENDEAVOR CAPITAL, LLC. $785,000 $1,070,000 36.3% 0.1%
AmeriHome Mortgage Company, LLC $750,000 $1,020,000 36.0% 0.1%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $195,000 $1,020,000 423.1% 0.1%
Carrington Mortgage Services, LLC $1,090,000 $1,005,000 -7.8% 0.1%
The Greenwood's State Bank $1,785,000 $1,005,000 -43.7% 0.1%
BETTER MORTGAGE CORPORATION $805,000 $995,000 23.6% 0.1%
DMB Community Bank $990,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $430,000 $985,000 129.1% 0.1%
The Federal Savings Bank $235,000 $935,000 297.9% 0.1%
FIRST NORTHERN Credit Union $255,000 $925,000 262.7% 0.1%
Capitol Bank $145,000 $875,000 503.4% 0.1%
DUPACO COMMUNITY $140,000 $875,000 525.0% 0.1%
Magnolia Bank $875,000 n/a 0.1%
PNC Bank $1,045,000 $875,000 -16.3% 0.1%
CMG MORTGAGE, INC. $355,000 $855,000 140.8% 0.1%
Fifth Third Bank $880,000 $850,000 -3.4% 0.1%
COMPEER FINANCIAL, FLCA $715,000 $840,000 17.5% 0.1%
NexBank $695,000 $830,000 19.4% 0.1%
American Mortgage & Equity Consultants, Inc. $835,000 $785,000 -6.0% 0.1%
First Federal Bank $920,000 $735,000 -20.1% 0.1%
ZILLOW HOME LOANS, LLC $1,290,000 $735,000 -43.0% 0.1%
Frandsen Bank & Trust $725,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $270,000 $690,000 155.6% 0.1%
Equity Prime Mortgage LLC $675,000 n/a 0.1%
Servion, Inc. $920,000 $670,000 -27.2% 0.1%
Flagstar Bank, FSB $690,000 $655,000 -5.1% 0.1%
FIRST STATE MORTGAGE SERVICES, LLC $750,000 $650,000 -13.3% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,255,000 $640,000 -49.0% 0.1%
State Bank of the Lakes $635,000 n/a 0.1%
Farmers & Merchants State Bank $345,000 $630,000 82.6% 0.1%
AMERISAVE MORTGAGE CORPORATION $925,000 $610,000 -34.1% 0.1%
BAY EQUITY LLC $275,000 $605,000 120.0% 0.1%
Century Mortgage Company DBA Century Lending Company $340,000 $600,000 76.5% 0.1%
USAA Federal Savings Bank $1,410,000 $595,000 -57.8% 0.1%
Great Midwest Bank, S.S.B. $155,000 $580,000 274.2% 0.1%
Figure Lending LLC $520,000 $570,000 9.6% 0.1%
Blue Ridge Bank $155,000 $560,000 261.3% 0.1%
MOVEMENT MORTGAGE, LLC $440,000 $550,000 25.0% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $255,000 $525,000 105.9% 0.1%
Merchants Bank $505,000 n/a 0.1%
FOX COMMUNITIES $485,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $200,000 $465,000 132.5% 0.1%
VERITAS FUNDING, LLC $460,000 n/a 0.1%
First National Bank of Omaha $255,000 $455,000 78.4% 0.1%
Deere Employees Credit Union $450,000 n/a 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $445,000 n/a 0.1%
Badger Bank $695,000 $440,000 -36.7% 0.1%
FINANCE OF AMERICA REVERSE LLC $440,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $125,000 $440,000 252.0% 0.1%
Cornerstone First Mortgage, Inc $435,000 n/a 0.1%
First National Bank of America $435,000 n/a 0.1%
Nicolet National Bank $430,000 n/a 0.1%
Bank of Springfield $425,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $235,000 $420,000 78.7% 0.1%
Plains Commerce Bank $225,000 $410,000 82.2% 0.1%
Waterstone Mortgage Corporation $405,000 n/a 0.1%
AFFINITY PLUS $400,000 n/a 0.1%
Ally Bank $395,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $265,000 $390,000 47.2% 0.0%
COMPASS MORTGAGE, INC. $420,000 $385,000 -8.3% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $375,000 n/a 0.0%
WRIGHT-PATT CREDIT UNION, INC. $375,000 n/a 0.0%
Bank of America $1,040,000 $370,000 -64.4% 0.0%
Independent Bank $365,000 n/a 0.0%
TOP FLITE FINANCIAL, INC. $240,000 $365,000 52.1% 0.0%
Cornerstone Credit Union $450,000 $360,000 -20.0% 0.0%
Hometown Equity Mortgage, LLC $355,000 n/a 0.0%
The Equitable Bank, S.S.B. $480,000 $355,000 -26.0% 0.0%
Truist $355,000 n/a 0.0%
Coulee Bank $145,000 $345,000 137.9% 0.0%
NEW DAY FINANCIAL, LLC $700,000 $340,000 -51.4% 0.0%
OCMBC, INC. $340,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $340,000 n/a 0.0%
PHH Mortgage Corporation $155,000 $330,000 112.9% 0.0%
Oak Bank $1,875,000 $320,000 -82.9% 0.0%
RESIDENTIAL BANCORP $315,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $305,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $305,000 n/a 0.0%
Community Mortgage Banc Corporation $295,000 n/a 0.0%
Merchants Bank of Indiana $295,000 n/a 0.0%
V.I.P. MORTGAGE, INC. $325,000 $295,000 -9.2% 0.0%
Starion Bank $65,000 $275,000 323.1% 0.0%
Waukesha State Bank $615,000 $275,000 -55.3% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $145,000 $270,000 86.2% 0.0%
Fortifi Bank $255,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $250,000 n/a 0.0%
AMERICAN FINANCIAL NETWORK, INC. $175,000 $245,000 40.0% 0.0%
CHURCHILL MORTGAGE CORPORATION $535,000 $245,000 -54.2% 0.0%
Citizens Bank $235,000 $245,000 4.3% 0.0%
NUMARK CREDIT UNION $245,000 n/a 0.0%
LENDINGONE, LLC $240,000 n/a 0.0%
Stillman Bank $835,000 $240,000 -71.3% 0.0%
TRUSTONE FINANCIAL FEDERAL CREDIT UNION $130,000 $240,000 84.6% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $230,000 n/a 0.0%
T2 FINANCIAL LLC $225,000 n/a 0.0%
Firefighters Credit Union $215,000 n/a 0.0%
LAND HOME FINANCIAL SERVICES, INC. $215,000 n/a 0.0%
Summit Mortgage Corporation $215,000 n/a 0.0%
ALAMEDA MORTGAGE CORPORATION $205,000 n/a 0.0%
Commerce Home Mortgage, Inc. $205,000 n/a 0.0%
Logan Finance Corporation $205,000 n/a 0.0%
North American Savings Bank, F.S.B. $205,000 n/a 0.0%
River Bank $295,000 $205,000 -30.5% 0.0%
Baxter Credit Union $65,000 $195,000 200.0% 0.0%
21ST MORTGAGE CORPORATION $180,000 $185,000 2.8% 0.0%
First American Bank $255,000 $185,000 -27.5% 0.0%
CONSUMERS COOPERATIVE CREDIT UNION $45,000 $180,000 300.0% 0.0%
AMERITRUST MORTGAGE CORPORATION $175,000 n/a 0.0%
CLEARPATH LENDING $175,000 n/a 0.0%
TOTAL MORTGAGE SERVICES, LLC $175,000 n/a 0.0%
Farmers Savings Bank $165,000 n/a 0.0%
Home State Bank $155,000 n/a 0.0%
NORTHWEST BANK OF ROCKFORD $155,000 $155,000 0.0% 0.0%
The Loan Store, Inc. $140,000 n/a 0.0%
Beeline Loans, Inc. $135,000 n/a 0.0%
Connexus Credit Union $230,000 $135,000 -41.3% 0.0%
DEEPHAVEN MORTGAGE LLC $135,000 n/a 0.0%
State Bank of Chilton $125,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $125,000 n/a 0.0%
Citibank $120,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $115,000 n/a 0.0%
A&D Mortgage LLC $105,000 n/a 0.0%
Goldwater Bank, N.A. $245,000 $105,000 -57.1% 0.0%
Morton Community Bank $105,000 $105,000 0.0% 0.0%
Transportation Federal Credit Union $65,000 $95,000 46.2% 0.0%
GUARANTEED RATE AFFINITY, LLC $565,000 $85,000 -85.0% 0.0%
MidFirst Bank $85,000 n/a 0.0%
The Harvard State Bank $195,000 $85,000 -56.4% 0.0%
The Peoples Community Bank $85,000 n/a 0.0%
Cleveland State Bank $75,000 n/a 0.0%
Signature Federal Credit Union $75,000 n/a 0.0%
SPIRE Credit Union $70,000 n/a 0.0%
LOANPAL, LLC $255,000 $65,000 -74.5% 0.0%
North Shore Bank FSB $85,000 $65,000 -23.5% 0.0%
Centier Bank $60,000 n/a 0.0%
SPRING EQ, LLC $35,000 $55,000 57.1% 0.0%
WESTconsin Credit Union $55,000 n/a 0.0%
CoVantage Credit Union $100,000 $35,000 -65.0% 0.0%
Rock Valley Credit Union $355,000 $35,000 -90.1% 0.0%
ALTRA $25,000 n/a 0.0%
Midland States Bank $11,185,000 $5,000 -100.0% 0.0%

JANESVILLE - BELOIT's top lender by overall market share is Johnson Bank, with 9.9% market share. In second place, with 7.8%, is Summit Credit Union, having originated $61,715,000 in loans. In third place, with 5.6%, is Blackhawk Community Credit Union, having originated $43,990,000 in loans. In fourth place, with 4.7%, is GUILD MORTGAGE COMPANY, having originated $36,950,000 in loans. In fifth place, with 4.1%, is University of Wisconsin Credit Union, having originated $32,275,000 in loans.

JANESVILLE-BELOIT, WI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,196 $510,310,000 $232,382
Refi 807 $111,085,000 $137,652
Other 688 $45,330,000 $65,887
Home Improvement 550 $38,890,000 $70,709
Cash Out Refi 541 $82,455,000 $152,412
NA 2 $490,000 $245,000

Janesville - Beloit's most frequently cited loan purpose was Home Purchase, with 2,196 originations. The 2nd most popular reason was Refi, with 807 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,538 $359,510,000 $233,752
Over 8% 1,165 $92,075,000 $79,034
7-8% 1,070 $163,650,000 $152,944
5-6% 427 $85,825,000 $200,995
<2.5% 258 $18,030,000 $69,884
4-5% 10 $1,860,000 $186,000
3-4% 5 $325,000 $65,000
2.5-3% 1 $165,000 $165,000

During 2024, Janesville - Beloit's most frequently originated rate bucket was 6-7%, with 1,538 originations.

Loan Sizing (JANESVILLE-BELOIT, WI MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 1,873 $95,875,000 $51,188
$200k-400k 1,414 $386,250,000 $273,161
$100k-200k 1,312 $192,090,000 $146,410
$400k-600k 147 $68,755,000 $467,721
$600k-1000k 28 $19,580,000 $699,286
$Over $1MM 10 $26,010,000 $2,601,000

JANESVILLE - BELOIT's loan sizing saw the bucket of loans from $100,000 or less with 1,873 originations, totaling $95,875,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,415 $360,195,000 $254,555
Under 20% 910 $35,050,000 $38,516
20-40% 860 $70,400,000 $81,860
60-80% 761 $166,135,000 $218,311
40-60% 411 $68,245,000 $166,046
Over 100% 45 $10,495,000 $233,222

JANESVILLE - BELOIT's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,415 originations, totaling $360,195,000 in origination value.