Manitowoc Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Manitowoc averaged 6.49% for the week of 2025-07-03, compared to the national average of 6.67% for the same period.

The average rate for the prior week (2025-06-26) was 6.59% and one month ago for the week of 2025-05-29, the average rate was 6.91%.

Manitowoc's average rate one year ago was 6.88%.

For refis of the same type during the week of 2025-07-03, the average rate was 7.53%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-07-03 6.67%
Manitowoc 30 Year Fixed Rate 2025-07-03 6.49%
Manitowoc 30 Year Fixed Rate Refi 2025-07-03 7.53%
Manitowoc 15 Year Fixed Rate 2025-07-03 5.6%
Manitowoc 15 Year Fixed Rate Refi 2025-07-03 5.8%
Manitowoc 30 Year FHA 2025-07-03 0.38%
Manitowoc 30 Year FHA Refi 2025-07-03 0.1%
Manitowoc 30 Year USDA 2025-07-03 0.1%
Manitowoc 30 Year USDA Refi 2025-07-03 0.2%
Manitowoc 30 Year VA 2025-07-03 0.55%
Manitowoc 30 Year VA Refi 2025-07-03 -0.1%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Manitowoc, WI.

Manitowoc 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 Manitowoc, 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
Bank First, N.A. 83 6.57% $2,462
FOX COMMUNITIES 41 6.49% $2,303
Associated Bank 39 6.55% $2,463
QUICKEN LOANS, LLC 36 6.75% $5,236
UNITEDONE Credit Union 34 6.35% $1,441
Community First Credit Union 31 6.44% $2,452
GUILD MORTGAGE COMPANY 23 6.55% $3,945
U.S. Bank 22 6.56% $2,883
Kohler Credit Union 20 6.58% $2,998
PLANET HOME LENDING, LLC 15 6.61% $2,416
UNITED WHOLESALE MORTGAGE, LLC 13 7.04% $6,095
FIRST COLONY MORTGAGE CORPORATION 13 6.68% $4,370
First Federal Bank 13 6.60% $3,233
Summit Credit Union 11 6.45% $2,844
Flagstar Bank, FSB 9 7.04% $3,766
Nicolet National Bank 9 6.89% $3,026
Servion, Inc. 9 6.83% $3,360
GUARANTEED RATE, INC. 9 6.85% $3,439
BMO Harris Bank 8 6.61% $4,074
Wells Fargo Bank 8 6.91% $4,119
ENVOY MORTGAGE, LTD 7 6.11% $5,357
JPMorgan Chase Bank 7 6.82% $3,685
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 6.87% $4,544
LOANDEPOT.COM, LLC 7 6.52% $6,625
TOWNE MORTGAGE COMPANY 7 6.75% $4,025
CAPITAL Credit Union 6 6.33% $2,914
Waterstone Mortgage Corporation 6 6.87% $5,666
CARDINAL FINANCIAL 5 6.42% $5,806
Bank Five Nine 5 6.17% $3,002
Nations Lending Corporation 4 6.84% $4,840
NEWREZ LLC 4 6.90% $3,685
CIBM Bank 4 6.25% $4,471
Mr. Cooper ( Nationstar Mortgage ) 4 6.81% $7,233
National Exchange Bank and Trust 4 7.22% $1,876
CoVantage Credit Union 3 6.96% $3,413
NexBank 3 6.25% $3,104
MOVEMENT MORTGAGE, LLC 3 6.81% $5,512
BROKER SOLUTIONS, INC. 3 7.13% $5,934
CROSSCOUNTRY MORTGAGE, LLC 3 7.30% $4,252
University of Wisconsin Credit Union 3 6.46% $3,185
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.63% $3,894
DUPACO COMMUNITY 2 5.81% $6,557
UNION HOME MORTGAGE CORP. 2 7.63% $2,894
MARINE 2 10.68% $5,018
Mortgage Research Center, LLC 2 7.19% $1,414
NAVY FEDERAL CREDIT UNION 2 6.88% $1,972
Bell Bank 2 6.81% $2,803
Landmark Credit Union 2 6.61% $2,261
VERVE, A CREDIT UNION 2 7.38% $2,166
T2 FINANCIAL LLC 2 8.13% $3,709
SECURITYNATIONAL MORTGAGE COMPANY 2 7.81% $5,086
Johnson Bank 2 6.50% $2,224
WISCONSIN MORTGAGE CORPORATION 2 6.31% $2,961
ZILLOW HOME LOANS, LLC 1 7.38% $3,461
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.63% $7,606
Bankers' Bank 1 7.38% $2,163
Bank of England 1 7.50% $4,388
Barrington Bank & Trust Company, N.A. 1 6.38% $10,775
BETTER MORTGAGE CORPORATION 1 6.13% $7,818
Carrington Mortgage Services, LLC 1 6.63% $3,533
Charles Schwab Bank, SSB 1 5.38% $2,898
CMG MORTGAGE, INC. 1 6.99% $5,673
COMPEER FINANCIAL, FLCA 1 7.63% $6,636
First American Bank 1 6.38% $3,260
First United Bank and Trust Company 1 7.38% $3,803
Great Midwest Bank, S.S.B. 1 7.00% $2,384
GUARANTEED RATE AFFINITY, LLC 1 7.25% $0
Heartland Credit Union (Madison) 1 5.75% $3,055
Home State Bank 1 6.38% $3,370
Horicon Bank 1 6.50% $2,308
IncredibleBank 1 6.50% $2,855
Ixonia Bank 1 8.13% $4,196
MICHIGAN MUTUAL, INC. 1 7.13% $6,144
Midland States Bank 1 7.13% $3,209
NBKC BANK 1 6.63% $2,161
North Shore Bank FSB 1 7.38% $3,071
OCMBC, INC. 1 7.50% $7,503
PCM 1 6.25% $1,625
Plains Commerce Bank 1 5.88% $4,754
PNC Bank 1 7.38% $3,487
POINT Mortgage 1 6.00% $2,536
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.50% $2,938
Prosperity Home Mortgage, LLC 1 6.13% $4,266
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 6.88% $2,662
Royal Credit Union 1 6.50% $0
Sierra Pacific Mortgage Company, Inc. 1 7.88% $4,362
SUCCESS MORTGAGE PARTNERS, INC. 1 6.13% $4,178
SUPERIOR CHOICE 1 5.88% $2,300
The Huntington National Bank 1 7.63% $4,009
TOGETHER CREDIT UNION 1 5.88% $2,238
TRUSTONE FINANCIAL FEDERAL CREDIT UNION 1 6.99% $1,007
UNITED 1 7.63% $3,098
V.I.P. MORTGAGE, INC. 1 6.63% $2,646
Waukesha State Bank 1 7.38% $4,150
AMERICAN FINANCIAL NETWORK, INC. 1 6.50% $3,477

Manitowoc Average Closing Costs & Other Stats

Manitowoc, WI's 95 lenders originated 2,000 loans during 2024. The total origination value was $298,140,000, with an average loan value of $149,070.

Manitowoc's average closing costs are $3,175.

The top Manitowoc lender as defined by loan originations is Bank First, N.A., with 83 loans originated. Their average total fees are $2,462, which is $159 higher than the next largest lender, FOX COMMUNITIES.

The lowest fee Manitowoc lenders (with over 10 loans originated) are UNITEDONE Credit Union ($1,441), FOX COMMUNITIES ($2,303), PLANET HOME LENDING, LLC ($2,416), Community First Credit Union ($2,452) and Bank First, N.A. ($2,462).

The lowest rate Manitowoc lenders (with over 10 loans originated) are UNITEDONE Credit Union (6.35%), Community First Credit Union (6.44%), Summit Credit Union (6.45%), FOX COMMUNITIES (6.49%) and Associated Bank (6.55%).

Manitowoc, 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
Bank First, N.A. $25,855,000 $36,440,000 40.9% 12.2%
UNITEDONE Credit Union $15,525,000 $20,320,000 30.9% 6.8%
Community First Credit Union $11,285,000 $17,595,000 55.9% 5.9%
QUICKEN LOANS, LLC $7,065,000 $12,885,000 82.4% 4.3%
FOX COMMUNITIES $9,660,000 $12,750,000 32.0% 4.3%
Associated Bank $9,650,000 $12,010,000 24.5% 4.0%
Mortgage Research Center, LLC $6,600,000 $9,235,000 39.9% 3.1%
Collins State Bank $5,885,000 $8,190,000 39.2% 2.7%
GUILD MORTGAGE COMPANY $4,865,000 $8,030,000 65.1% 2.7%
U.S. Bank $4,985,000 $7,420,000 48.8% 2.5%
Kohler Credit Union $4,085,000 $6,465,000 58.3% 2.2%
UNITED WHOLESALE MORTGAGE, LLC $5,135,000 $6,070,000 18.2% 2.0%
Nicolet National Bank $6,770,000 $5,700,000 -15.8% 1.9%
Cleveland State Bank $2,875,000 $5,580,000 94.1% 1.9%
FIRST COLONY MORTGAGE CORPORATION $4,645,000 n/a 1.6%
Johnson Bank $5,005,000 $4,290,000 -14.3% 1.4%
GUARANTEED RATE, INC. $2,195,000 $4,125,000 87.9% 1.4%
First Federal Bank $635,000 $3,825,000 502.4% 1.3%
BMO Harris Bank $1,990,000 $3,740,000 87.9% 1.3%
Summit Credit Union $2,160,000 $3,270,000 51.4% 1.1%
PLANET HOME LENDING, LLC $705,000 $3,105,000 340.4% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,135,000 $2,760,000 29.3% 0.9%
Flagstar Bank, FSB $670,000 $2,460,000 267.2% 0.8%
LOANDEPOT.COM, LLC $1,130,000 $2,455,000 117.3% 0.8%
Wells Fargo Bank $2,860,000 $2,380,000 -16.8% 0.8%
CAPITAL Credit Union $1,270,000 $2,120,000 66.9% 0.7%
Servion, Inc. $1,210,000 $2,090,000 72.7% 0.7%
NEWREZ LLC $1,870,000 $2,020,000 8.0% 0.7%
CARDINAL FINANCIAL $1,060,000 $1,995,000 88.2% 0.7%
Waukesha State Bank $1,940,000 n/a 0.7%
FREEDOM MORTGAGE CORPORATION $410,000 $1,920,000 368.3% 0.6%
GreenStone Farm Credit Services, FLCA $1,610,000 $1,905,000 18.3% 0.6%
PENNYMAC LOAN SERVICES, LLC $1,510,000 $1,895,000 25.5% 0.6%
ENVOY MORTGAGE, LTD $3,500,000 $1,705,000 -51.3% 0.6%
Nations Lending Corporation $1,450,000 $1,655,000 14.1% 0.6%
SECURITYNATIONAL MORTGAGE COMPANY $1,655,000 n/a 0.6%
Waterstone Mortgage Corporation $1,095,000 $1,585,000 44.7% 0.5%
CIBM Bank $465,000 $1,545,000 232.3% 0.5%
JPMorgan Chase Bank $385,000 $1,520,000 294.8% 0.5%
NAVY FEDERAL CREDIT UNION $735,000 $1,505,000 104.8% 0.5%
Midland States Bank $1,450,000 n/a 0.5%
Oostburg State Bank $1,055,000 $1,430,000 35.5% 0.5%
Premier Community Bank $185,000 $1,420,000 667.6% 0.5%
TOWNE MORTGAGE COMPANY $460,000 $1,385,000 201.1% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $2,695,000 $1,360,000 -49.5% 0.5%
V.I.P. MORTGAGE, INC. $1,590,000 $1,360,000 -14.5% 0.5%
VERVE, A CREDIT UNION $2,230,000 $1,320,000 -40.8% 0.4%
MARINE $1,865,000 $1,310,000 -29.8% 0.4%
University of Wisconsin Credit Union $975,000 $1,250,000 28.2% 0.4%
BROKER SOLUTIONS, INC. $1,860,000 $1,245,000 -33.1% 0.4%
UNION HOME MORTGAGE CORP. $435,000 $1,100,000 152.9% 0.4%
UNITED $1,095,000 n/a 0.4%
The First National Bank of Bangor $1,045,000 n/a 0.4%
USAA Federal Savings Bank $970,000 $1,030,000 6.2% 0.3%
Figure Lending LLC $170,000 $1,020,000 500.0% 0.3%
MOVEMENT MORTGAGE, LLC $410,000 $1,010,000 146.3% 0.3%
LENDINGHOME FUNDING CORPORATION $240,000 $980,000 308.3% 0.3%
COMPEER FINANCIAL, FLCA $230,000 $970,000 321.7% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $340,000 $965,000 183.8% 0.3%
CoVantage Credit Union $1,985,000 $930,000 -53.1% 0.3%
DUPACO COMMUNITY $900,000 n/a 0.3%
EDUCATORS CREDIT UNION $205,000 $865,000 322.0% 0.3%
HOMESIDE FINANCIAL, LLC $340,000 $845,000 148.5% 0.3%
NexBank $420,000 $825,000 96.4% 0.3%
National Exchange Bank and Trust $1,140,000 $820,000 -28.1% 0.3%
Bristol Morgan Bank $115,000 $795,000 591.3% 0.3%
PRIMARY RESIDENTIAL MORTGAGE, INC. $365,000 $790,000 116.4% 0.3%
AbbyBank $775,000 n/a 0.3%
PremierBank $705,000 n/a 0.2%
Waldo State Bank $1,010,000 $670,000 -33.7% 0.2%
Bell Bank $985,000 $655,000 -33.5% 0.2%
State Bank of Chilton $255,000 $625,000 145.1% 0.2%
East Wisconsin Savings Bank $85,000 $620,000 629.4% 0.2%
GUARANTEED RATE AFFINITY, LLC $355,000 $600,000 69.0% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $180,000 $575,000 219.4% 0.2%
American Mortgage & Equity Consultants, Inc. $550,000 n/a 0.2%
Ally Bank $540,000 n/a 0.2%
Bank Five Nine $600,000 $530,000 -11.7% 0.2%
Charles Schwab Bank, SSB $525,000 n/a 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $205,000 $525,000 156.1% 0.2%
North Shore Bank FSB $145,000 $495,000 241.4% 0.2%
PNC Bank $145,000 $480,000 231.0% 0.2%
POINT Mortgage $480,000 n/a 0.2%
Prosperity Home Mortgage, LLC $255,000 $480,000 88.2% 0.2%
Bank of Luxemburg $275,000 $450,000 63.6% 0.2%
PCM $315,000 $440,000 39.7% 0.1%
Paramount Residential Mortgage Group, Inc. $1,865,000 $395,000 -78.8% 0.1%
CMG MORTGAGE, INC. $500,000 $385,000 -23.0% 0.1%
Landmark Credit Union $555,000 $370,000 -33.3% 0.1%
WISCONSIN MORTGAGE CORPORATION $265,000 $370,000 39.6% 0.1%
Armed Forces Bank $365,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $750,000 $355,000 -52.7% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $355,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $410,000 $355,000 -13.4% 0.1%
Guardian Credit Union $340,000 n/a 0.1%
Ixonia Bank $840,000 $335,000 -60.1% 0.1%
Discover Bank $150,000 $330,000 120.0% 0.1%
Horicon Bank $45,000 $330,000 633.3% 0.1%
LAKEVIEW LOAN SERVICING, LLC $325,000 n/a 0.1%
OCEANSIDE MORTGAGE COMPANY $310,000 n/a 0.1%
IncredibleBank $125,000 $295,000 136.0% 0.1%
Royal Credit Union $15,000 $295,000 1,866.7% 0.1%
Bank of England $290,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $375,000 $270,000 -28.0% 0.1%
Bankers' Bank $115,000 $265,000 130.4% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $135,000 $260,000 92.6% 0.1%
MID AMERICA MORTGAGE, INC. $260,000 n/a 0.1%
Citizens State Bank of Loyal $255,000 n/a 0.1%
Century Mortgage Company DBA Century Lending Company $155,000 $245,000 58.1% 0.1%
The Federal Savings Bank $55,000 $245,000 345.5% 0.1%
BETTER MORTGAGE CORPORATION $235,000 n/a 0.1%
Plains Commerce Bank $230,000 $235,000 2.2% 0.1%
The Huntington National Bank $800,000 $235,000 -70.6% 0.1%
AMERICAN HERITAGE LENDING, INC. $230,000 n/a 0.1%
SPIRE Credit Union $225,000 n/a 0.1%
HOMEXPRESS MORTGAGE CORP. $210,000 n/a 0.1%
First American Bank $205,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $215,000 $195,000 -9.3% 0.1%
T2 FINANCIAL LLC $190,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $640,000 $185,000 -71.1% 0.1%
Equity Prime Mortgage LLC $185,000 n/a 0.1%
Greenleaf Wayside Bank $265,000 $185,000 -30.2% 0.1%
NBKC BANK $155,000 $175,000 12.9% 0.1%
TOGETHER CREDIT UNION $175,000 n/a 0.1%
Farmers & Merchants State Bank $165,000 n/a 0.1%
AMERISAVE MORTGAGE CORPORATION $900,000 $160,000 -82.2% 0.1%
CHURCHILL MORTGAGE CORPORATION $105,000 $155,000 47.6% 0.1%
Coastal Community Bank $150,000 $155,000 3.3% 0.1%
First United Bank and Trust Company $155,000 n/a 0.1%
PyraMax Bank, FSB $155,000 n/a 0.1%
SUPERIOR CHOICE $155,000 n/a 0.1%
Wyoming Bank & Trust $155,000 n/a 0.1%
Great Midwest Bank, S.S.B. $360,000 $145,000 -59.7% 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $145,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $145,000 n/a 0.0%
Wolfe Financial, Inc $145,000 n/a 0.0%
Heartland Credit Union (Madison) $135,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $195,000 $135,000 -30.8% 0.0%
Oregon Community Bank $135,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $135,000 n/a 0.0%
VILLAGE CAPITAL MORTGAGE $135,000 $135,000 0.0% 0.0%
SPRING EQ, LLC $130,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $210,000 $125,000 -40.5% 0.0%
AXIA FINANCIAL, LLC $125,000 n/a 0.0%
OCMBC, INC. $125,000 n/a 0.0%
AMERICAN FINANCIAL NETWORK, INC. $125,000 $115,000 -8.0% 0.0%
Peoples State Bank $65,000 $115,000 76.9% 0.0%
UNISON CREDIT UNION $95,000 $115,000 21.1% 0.0%
West Pointe Bank $115,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $420,000 $95,000 -77.4% 0.0%
LOANPAL, LLC $95,000 n/a 0.0%
NEW DAY FINANCIAL, LLC $650,000 $95,000 -85.4% 0.0%
RUOFF MORTGAGE COMPANY, INC. $95,000 n/a 0.0%
Carrington Mortgage Services, LLC $375,000 $90,000 -76.0% 0.0%
BLC Community Bank $85,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $125,000 $75,000 -40.0% 0.0%
PHH Mortgage Corporation $75,000 $75,000 0.0% 0.0%
TRUSTONE FINANCIAL FEDERAL CREDIT UNION $500,000 $70,000 -86.0% 0.0%
GREENSTATE CREDIT UNION $65,000 n/a 0.0%
IDEAL $65,000 n/a 0.0%
Fortifi Bank $55,000 n/a 0.0%
Baxter Credit Union $45,000 n/a 0.0%
Home State Bank $45,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $45,000 n/a 0.0%
21ST MORTGAGE CORPORATION $85,000 $35,000 -58.8% 0.0%
THRIVENT Federal Credit Union $25,000 n/a 0.0%

Manitowoc's top lender by overall market share is Bank First, N.A., with 12.2% market share. In second place, with 6.8%, is UNITEDONE Credit Union, having originated $20,320,000 in loans. In third place, with 5.9%, is Community First Credit Union, having originated $17,595,000 in loans. In fourth place, with 4.3%, is QUICKEN LOANS, LLC, having originated $12,885,000 in loans. In fifth place, with 4.3%, is FOX COMMUNITIES, having originated $12,750,000 in loans.

Manitowoc, WI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 859 $183,355,000 $213,452
Refi 324 $42,040,000 $129,753
Cash Out Refi 280 $35,180,000 $125,643
Home Improvement 277 $19,825,000 $71,570
Other 260 $17,740,000 $68,231

Manitowoc's most frequently cited loan purpose was Home Purchase, with 859 originations. The 2nd most popular reason was Refi, with 324 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 800 $135,690,000 $169,613
Over 8% 376 $33,150,000 $88,165
7-8% 374 $56,870,000 $152,059
5-6% 310 $45,390,000 $146,419
4-5% 15 $3,345,000 $223,000
<2.5% 13 $755,000 $58,077

During 2024, Manitowoc's most frequently originated rate bucket was 6-7%, with 800 originations.

Loan Sizing (Manitowoc, WI MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 826 $42,260,000 $51,162
$100k-200k 675 $98,545,000 $145,993
$200k-400k 425 $114,365,000 $269,094
$400k-600k 53 $24,585,000 $463,868
$600k-1000k 15 $10,825,000 $721,667
$Over $1MM 6 $7,560,000 $1,260,000

Manitowoc's loan sizing saw the bucket of loans from $100,000 or less with 826 originations, totaling $42,260,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 539 $121,995,000 $226,336
20-40% 398 $32,020,000 $80,452
60-80% 364 $72,400,000 $198,901
Under 20% 353 $13,105,000 $37,125
40-60% 206 $28,650,000 $139,078
Over 100% 14 $3,940,000 $281,429

Manitowoc's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 539 originations, totaling $121,995,000 in origination value.