JANESVILLE - BELOIT Mortgage Rates & Closing Costs
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% |
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.).
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.