Platteville Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Platteville averaged 6.26% for the week of 2024-11-07, compared to the national average of 6.79% for the same period.

    The average rate for the prior week (2024-10-31) was 6.49% and one month ago for the week of 2024-10-03, the average rate was 5.79%.

    Platteville's average rate one year ago was 7.53%.

    For refis of the same type during the week of 2024-11-07, the average rate was 7.19%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-07 6.79%
    Platteville 30 Year Fixed Rate 2024-11-07 6.26%
    Platteville 30 Year Fixed Rate Refi 2024-11-07 7.19%
    Platteville 15 Year Fixed Rate 2024-11-07 6.1%
    Platteville 15 Year Fixed Rate Refi 2024-11-07 6.5%
    Platteville 30 Year FHA 2024-11-07 6.63%
    Platteville 30 Year FHA Refi 2024-11-07 6.63%
    Platteville 30 Year USDA 2024-11-07 6.38%
    Platteville 30 Year USDA Refi 2024-11-07 6.48%
    Platteville 30 Year VA 2024-11-07 6.34%
    Platteville 30 Year VA Refi 2024-11-07 6.54%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Platteville, WI.

    Platteville 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 Platteville, 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
    DUPACO COMMUNITY 73 6.24% $2,740
    Mound City Bank 34 6.51% $2,117
    Royal Bank 21 6.96% $3,112
    Heartland Credit Union (Madison) 9 6.56% $2,318
    MidWestOne Bank 8 6.42% $2,958
    University of Wisconsin Credit Union 8 6.53% $3,270
    QUICKEN LOANS, LLC 6 6.68% $4,613
    Deere Employees Credit Union 5 5.90% $2,962
    U.S. Bank 4 6.87% $2,151
    Servion, Inc. 4 7.06% $3,115
    Summit Credit Union 4 6.31% $2,906
    GREENSTATE CREDIT UNION 4 6.47% $2,111
    Prosperity Home Mortgage, LLC 3 5.79% $4,857
    Old National Bank 3 6.50% $7,190
    CARDINAL FINANCIAL 2 7.56% $6,050
    Bell Bank 2 6.63% $5,097
    IOWA BANKERS MORTGAGE CORPORATION 2 5.69% $2,683
    Johnson Bank 2 5.50% $8,852
    MARINE 2 8.56% $4,425
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.62% $5,489
    The Huntington National Bank 2 6.94% $2,885
    VERIDIAN CREDIT UNION 2 7.00% $2,258
    HOMESIDE FINANCIAL, LLC 1 6.75% $3,388
    ZILLOW HOME LOANS, LLC 1 7.25% $4,700
    Ixonia Bank 1 6.88% $2,260
    UNITED WHOLESALE MORTGAGE, LLC 1 6.50% $7,243
    JPMorgan Chase Bank 1 6.88% $500
    Kohler Credit Union 1 6.75% $3,215
    LAKEVIEW LOAN SERVICING, LLC 1 6.50% $7,511
    Landmark National Bank 1 7.50% $2,537
    LOANDEPOT.COM, LLC 1 6.38% $9,237
    Luana Savings Bank 1 5.75% $1,336
    Associated Bank 1 6.38% $1,950
    DAS Acquisition Company, LLC 1 6.88% $2,483
    CoVantage Credit Union 1 5.75% $3,470
    Nations Lending Corporation 1 6.38% $2,986
    NATIONS RELIABLE LENDING, LLC 1 7.13% $1,465
    NAVY FEDERAL CREDIT UNION 1 5.63% $1,801
    CO-OP Credit Union 1 5.50% $1,983
    PHH Mortgage Corporation 1 6.88% $4,320
    AmeriHome Mortgage Company, LLC 1 7.00% $1,472
    COMPEER FINANCIAL, FLCA 1 8.00% $3,694
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.00% $3,392
    CIBM Bank 1 7.13% $2,802
    ALTRA 1 6.85% $2,208
    BMO Harris Bank 1 5.75% $3,364
    Starion Bank 1 5.38% $2,292
    Bank of America 1 8.13% $2,855
    The Bank of New Glarus 1 7.25% $4,317
    Fidelity Bank & Trust 1 6.00% $2,166
    Fortifi Bank 1 6.50% $2,609
    Forward Bank 1 5.49% $1,962
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 5.63% $4,166
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.88% $3,425
    DuTrac Community Credit Union 1 6.25% $2,265

    Platteville Average Closing Costs & Other Stats

    Platteville, WI's 55 lenders originated 714 loans during 2023. The total origination value was $101,800,000, with an average loan value of $142,577.

    Platteville's average closing costs are $3,187.

    The top Platteville lender as defined by loan originations is DUPACO COMMUNITY, with 73 loans originated. Their average total fees are $2,740, which is $622 higher than the next largest lender, Mound City Bank.

    The lowest fee Platteville lenders (with over 10 loans originated) are Mound City Bank ($2,117), DUPACO COMMUNITY ($2,740), Royal Bank ($3,112), .

    The lowest rate Platteville lenders (with over 10 loans originated) are DUPACO COMMUNITY (6.24%), Mound City Bank (6.51%), Royal Bank (6.96%), .

    Platteville, 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
    DUPACO COMMUNITY $31,040,000 $26,815,000 -13.6% 26.3%
    Mound City Bank $13,550,000 $11,445,000 -15.5% 11.2%
    Royal Bank $7,180,000 $9,355,000 30.3% 9.2%
    MidWestOne Bank $8,700,000 $3,815,000 -56.1% 3.7%
    Heartland Credit Union (Madison) $3,695,000 $3,225,000 -12.7% 3.2%
    Mortgage Research Center, LLC $3,685,000 $2,810,000 -23.7% 2.8%
    QUICKEN LOANS, LLC $4,470,000 $2,175,000 -51.3% 2.1%
    University of Wisconsin Credit Union $1,625,000 $2,125,000 30.8% 2.1%
    Summit Credit Union $2,240,000 $1,770,000 -21.0% 1.7%
    MARINE $2,635,000 $1,675,000 -36.4% 1.6%
    Deere Employees Credit Union $2,660,000 $1,565,000 -41.2% 1.5%
    Fidelity Bank & Trust $3,990,000 $1,525,000 -61.8% 1.5%
    The Bank of New Glarus $600,000 $1,485,000 147.5% 1.5%
    NATIONS RELIABLE LENDING, LLC $300,000 $1,315,000 338.3% 1.3%
    U.S. Bank $960,000 $1,165,000 21.4% 1.1%
    Prosperity Home Mortgage, LLC $2,035,000 $1,160,000 -43.0% 1.1%
    COMPEER FINANCIAL, FLCA $1,600,000 $1,120,000 -30.0% 1.1%
    Farmers Savings Bank $880,000 $1,055,000 19.9% 1.0%
    UNITED WHOLESALE MORTGAGE, LLC $950,000 $1,055,000 11.1% 1.0%
    Old National Bank $1,085,000 $975,000 -10.1% 1.0%
    GREENSTATE CREDIT UNION $1,710,000 $965,000 -43.6% 0.9%
    The Huntington National Bank $965,000 n/a 0.9%
    DAS Acquisition Company, LLC $210,000 $940,000 347.6% 0.9%
    Servion, Inc. $795,000 n/a 0.8%
    Barrington Bank & Trust Company, N.A. $475,000 $685,000 44.2% 0.7%
    THOMPSON KANE & COMPANY, LLC $415,000 $685,000 65.1% 0.7%
    Johnson Bank $135,000 $680,000 403.7% 0.7%
    BMO Harris Bank $1,425,000 $580,000 -59.3% 0.6%
    AMERISAVE MORTGAGE CORPORATION $1,005,000 $535,000 -46.8% 0.5%
    Nations Lending Corporation $550,000 $505,000 -8.2% 0.5%
    LOANDEPOT.COM, LLC $635,000 $500,000 -21.3% 0.5%
    The Peoples Community Bank $1,430,000 $470,000 -67.1% 0.5%
    Farmers National Bank $455,000 n/a 0.4%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $75,000 $455,000 506.7% 0.4%
    PENNYMAC LOAN SERVICES, LLC $970,000 $415,000 -57.2% 0.4%
    CARDINAL FINANCIAL $65,000 $400,000 515.4% 0.4%
    East Wisconsin Savings Bank $395,000 n/a 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,995,000 $395,000 -80.2% 0.4%
    Bell Bank $165,000 $390,000 136.4% 0.4%
    BROKER SOLUTIONS, INC. $365,000 n/a 0.4%
    Ixonia Bank $360,000 n/a 0.4%
    Luana Savings Bank $1,295,000 $345,000 -73.4% 0.3%
    MOVEMENT MORTGAGE, LLC $335,000 n/a 0.3%
    Carrington Mortgage Services, LLC $135,000 $330,000 144.4% 0.3%
    NAVY FEDERAL CREDIT UNION $540,000 $330,000 -38.9% 0.3%
    Oregon Community Bank $2,570,000 $330,000 -87.2% 0.3%
    Capitol Bank $440,000 $315,000 -28.4% 0.3%
    JPMorgan Chase Bank $95,000 $315,000 231.6% 0.3%
    AmeriHome Mortgage Company, LLC $305,000 n/a 0.3%
    Badger Bank $305,000 n/a 0.3%
    State Bank Financial $1,115,000 $295,000 -73.5% 0.3%
    VERIDIAN CREDIT UNION $290,000 n/a 0.3%
    Mid-Continent Funding, Inc. $285,000 n/a 0.3%
    Landmark National Bank $275,000 n/a 0.3%
    The Park Bank $275,000 n/a 0.3%
    CoVantage Credit Union $5,000 $250,000 4,900.0% 0.2%
    CO-OP Credit Union $245,000 n/a 0.2%
    Starion Bank $65,000 $245,000 276.9% 0.2%
    Forward Bank $235,000 n/a 0.2%
    FREEDOM MORTGAGE CORPORATION $680,000 $235,000 -65.4% 0.2%
    Kohler Credit Union $225,000 n/a 0.2%
    SUCCESS MORTGAGE PARTNERS, INC. $125,000 $225,000 80.0% 0.2%
    Flagstar Bank, FSB $85,000 $220,000 158.8% 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $215,000 n/a 0.2%
    Fortifi Bank $215,000 n/a 0.2%
    ENDEAVOR CAPITAL, LLC. $205,000 n/a 0.2%
    Associated Bank $605,000 $190,000 -68.6% 0.2%
    IOWA BANKERS MORTGAGE CORPORATION $1,050,000 $190,000 -81.9% 0.2%
    PROVIDENT FUNDING ASSOCIATES, L.P. $185,000 n/a 0.2%
    Baraboo State Bank $165,000 n/a 0.2%
    ZILLOW HOME LOANS, LLC $165,000 n/a 0.2%
    Woodford State Bank $155,000 n/a 0.2%
    GOVERNMENTAL EMPLOYEES $110,000 $150,000 36.4% 0.1%
    LAND HOME FINANCIAL SERVICES, INC. $85,000 $145,000 70.6% 0.1%
    PHH Mortgage Corporation $145,000 n/a 0.1%
    Wisconsin River Bank $145,000 n/a 0.1%
    Central State Bank $135,000 n/a 0.1%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $115,000 n/a 0.1%
    GUILD MORTGAGE COMPANY $1,100,000 $115,000 -89.5% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $310,000 $115,000 -62.9% 0.1%
    NEW DAY FINANCIAL, LLC $115,000 n/a 0.1%
    Loan Simple, Inc. $110,000 n/a 0.1%
    Bank of America $535,000 $105,000 -80.4% 0.1%
    CIBM Bank $105,000 n/a 0.1%
    DuTrac Community Credit Union $845,000 $105,000 -87.6% 0.1%
    IDEAL $105,000 n/a 0.1%
    OMNI Community Credit Union $105,000 n/a 0.1%
    TRIAD FINANCIAL SERVICES, INC. $95,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $85,000 n/a 0.1%
    Citibank $75,000 n/a 0.1%
    ALTRA $185,000 $55,000 -70.3% 0.1%
    Discover Bank $145,000 $55,000 -62.1% 0.1%
    ALLIANT $95,000 $45,000 -52.6% 0.0%
    21ST MORTGAGE CORPORATION $35,000 $35,000 0.0% 0.0%
    Nicolet National Bank $295,000 $35,000 -88.1% 0.0%
    TRUSTONE FINANCIAL FEDERAL CREDIT UNION $35,000 n/a 0.0%
    Coastal Community Bank $25,000 n/a 0.0%
    First Community Credit Union $25,000 n/a 0.0%

    Platteville's top lender by overall market share is DUPACO COMMUNITY, with 26.3% market share. In second place, with 11.2%, is Mound City Bank, having originated $11,445,000 in loans. In third place, with 9.2%, is Royal Bank, having originated $9,355,000 in loans. In fourth place, with 3.7%, is MidWestOne Bank, having originated $3,815,000 in loans. In fifth place, with 3.2%, is Heartland Credit Union (Madison), having originated $3,225,000 in loans.

    Platteville, WI Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 361 $71,075,000 $196,884
    Other 130 $8,900,000 $68,462
    Refi 94 $9,930,000 $105,638
    Cash Out Refi 72 $8,040,000 $111,667
    Home Improvement 57 $3,855,000 $67,632

    Platteville's most frequently cited loan purpose was Home Purchase, with 361 originations. The 2nd most popular reason was Other, with 130 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 224 $38,170,000 $170,402
    7-8% 192 $25,510,000 $132,865
    Over 8% 121 $10,225,000 $84,504
    5-6% 109 $19,395,000 $177,936
    4-5% 20 $2,780,000 $139,000
    3-4% 19 $1,305,000 $68,684
    <2.5% 7 $375,000 $53,571
    2.5-3% 1 $25,000 $25,000

    During 2023, Platteville's most frequently originated rate bucket was 6-7%, with 224 originations.

    Loan Sizing (Platteville, WI MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 304 $16,330,000 $53,717
    $100k-200k 252 $36,140,000 $143,413
    $200k-400k 139 $37,775,000 $271,763
    $400k-600k 15 $6,865,000 $457,667
    $600k-1000k 2 $1,450,000 $725,000
    $Over $1MM 2 $3,240,000 $1,620,000

    Platteville's loan sizing saw the bucket of loans from $100,000 or less with 304 originations, totaling $16,330,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 238 $44,390,000 $186,513
    60-80% 150 $29,010,000 $193,400
    20-40% 132 $9,260,000 $70,152
    Under 20% 108 $4,490,000 $41,574
    40-60% 59 $9,325,000 $158,051
    Over 100% 4 $1,110,000 $277,500

    Platteville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 238 originations, totaling $44,390,000 in origination value.