Manitowoc Mortgage Rates & Closing Costs
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% |
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.).
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.