Shawano Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Shawano averaged 6.7% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

    The average rate for the prior week (2023-09-07) was 6.44% and one month ago for the week of 2023-08-10, the average rate was 6.28%.

    Shawano's average rate one year ago was 5.11%.

    For refis of the same type during the week of 2023-09-14, the average rate was 6.33%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-09-14 7.18%
    Shawano 30 Year Fixed Rate 2023-09-14 6.7%
    Shawano 30 Year Fixed Rate Refi 2023-09-14 6.33%
    Shawano 15 Year Fixed Rate 2023-09-14 6.41%
    Shawano 15 Year Fixed Rate Refi 2023-09-14 6.51%
    Shawano 30 Year FHA 2023-09-14 7.19%
    Shawano 30 Year FHA Refi 2023-09-14 7.19%
    Shawano 30 Year USDA 2023-09-14 7.08%
    Shawano 30 Year USDA Refi 2023-09-14 7.08%
    Shawano 30 Year VA 2023-09-14 7.01%
    Shawano 30 Year VA Refi 2023-09-14 7.01%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Shawano, WI.

    Shawano 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 Shawano, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    CoVantage Credit Union 160 4.81% $2,153
    CAPITAL Credit Union 46 3.73% $1,967
    FOX COMMUNITIES 43 4.13% $1,126
    Associated Bank 26 4.36% $2,369
    UNITED WHOLESALE MORTGAGE, LLC 15 5.44% $4,429
    QUICKEN LOANS, LLC 14 5.00% $5,480
    Nicolet National Bank 12 4.68% $3,761
    Community First Credit Union 9 3.38% $2,057
    Wells Fargo Bank 9 4.94% $2,612
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 4.89% $3,392
    FINANCE OF AMERICA MORTGAGE LLC 7 5.07% $3,294
    Johnson Bank 7 4.27% $2,697
    Bank Five Nine 7 5.21% $2,767
    CHERRY CREEK MORTGAGE, LLC 7 6.23% $472
    AbbyBank 6 4.98% $1,621
    Mr. Cooper ( Nationstar Mortgage ) 5 5.32% $7,120
    Bank First, N.A. 5 4.85% $2,470
    GUARANTEED RATE, INC. 5 5.25% $3,575
    INLANTA MORTGAGE, INC. 5 4.73% $2,957
    Landmark Credit Union 4 4.09% $2,157
    PCM 4 3.62% $919
    GreenStone Farm Credit Services, FLCA 4 5.80% $3,857
    Nations Lending Corporation 4 6.34% $3,635
    BLC Community Bank 4 3.98% $2,064
    Denmark State Bank 4 3.94% $2,107
    Peoples State Bank 3 4.29% $1,743
    U.S. Bank 3 4.04% $1,804
    CROSSCOUNTRY MORTGAGE, LLC 3 6.33% $3,463
    Bank of Luxemburg 3 4.54% $2,239
    EVERETT FINANCIAL, INC. 2 3.88% $1,001
    Wolf River Community Bank 2 4.12% $1,571
    Waterstone Mortgage Corporation 2 5.69% $4,337
    Summit Credit Union 2 5.63% $2,541
    Citizens Bank 2 4.44% $2,172
    CARDINAL FINANCIAL 2 5.38% $3,945
    PLANET HOME LENDING, LLC 2 4.63% $2,704
    CORNERSTONE HOME LENDING, INC. 2 4.38% $5,516
    The Huntington National Bank 1 5.38% $2,749
    The Port Washington State Bank 1 5.25% $2,800
    THRIVENT Federal Credit Union 1 3.75% $2,385
    TOWNE MORTGAGE COMPANY 1 5.38% $3,814
    UNISON CREDIT UNION 1 3.25% $1,886
    UNITED HOME LOANS, INC. 1 3.88% $5,967
    VERVE, A CREDIT UNION 1 3.38% $2,464
    Westbury Bank 1 3.00% $1,798
    ZILLOW HOME LOANS, LLC 1 4.25% $2,939
    AmeriHome Mortgage Company, LLC 1 5.99% $2,105
    A + MORTGAGE SERVICES, INC. 1 5.99% $9,875
    ANGEL OAK HOME LOANS LLC 1 4.00% $3,860
    Bank of England 1 3.88% $11,658
    Barrington Bank & Trust Company, N.A. 1 2.75% $5,484
    Bell Bank 1 5.38% $3,456
    BROKER SOLUTIONS, INC. 1 3.75% $5,246
    Capitol Federal Savings Bank 1 5.13% $7,455
    Community State Bank 1 3.88% $1,764
    EDUCATORS CREDIT UNION 1 3.88% $1,530
    ENVOY MORTGAGE, LTD 1 4.13% $2,506
    Fifth Third Bank 1 2.75% $4,453
    First Guaranty Mortgage Corporation 1 3.88% $5,205
    First Savings Bank 1 5.75% $2,707
    Fortifi Bank 1 5.50% $1,097
    GATEWAY MORTGAGE CORPORATION 1 5.88% $5,266
    GSF Mortgage Corporation 1 5.63% $9,797
    GUARANTEED RATE AFFINITY, LLC 1 6.50% $2,463
    IncredibleBank 1 6.25% $2,536
    Kohler Credit Union 1 4.00% $3,233
    LAKEVIEW LOAN SERVICING, LLC 1 4.75% $5,852
    LAND HOME FINANCIAL SERVICES, INC. 1 5.88% $3,600
    LOANDEPOT.COM, LLC 1 5.38% $2,295
    MICHIGAN MUTUAL, INC. 1 4.13% $3,251
    MORTGAGE CENTER L.C 1 5.75% $3,492
    Mortgage Research Center, LLC 1 5.38% $2,941
    MUTUAL OF OMAHA MORTGAGE, INC. 1 3.63% $6,578
    NAVY FEDERAL CREDIT UNION 1 5.75% $1,674
    NETWORK CAPITAL FUNDING CORPORATION 1 6.13% $4,774
    North Shore Bank FSB 1 3.25% $1,850
    Old National Bank 1 3.75% $2,943
    Paramount Residential Mortgage Group, Inc. 1 5.63% $4,836
    PLAZA HOME MORTGAGE, INC. 1 6.38% $6,934
    PNC Bank 1 6.38% $2,644
    Prosperity Home Mortgage, LLC 1 6.13% $5,302
    Royal Credit Union 1 4.88% $0

    Shawano Average Closing Costs & Other Stats

    Shawano, WI's 82 lenders originated 1,371 loans during 2022. The total origination value was $199,505,000, with an average loan value of $145,518.

    Shawano's average closing costs are $2,747.

    The top Shawano lender as defined by loan originations is CoVantage Credit Union, with 160 loans originated. Their average total fees are $2,153, which is $186 higher than the next largest lender, CAPITAL Credit Union.

    The lowest fee Shawano lenders (with over 10 loans originated) are FOX COMMUNITIES ($1,126), CAPITAL Credit Union ($1,967), CoVantage Credit Union ($2,153), Associated Bank ($2,369) and Nicolet National Bank ($3,761).

    The lowest rate Shawano lenders (with over 10 loans originated) are CAPITAL Credit Union (3.73%), FOX COMMUNITIES (4.13%), Associated Bank (4.36%), Nicolet National Bank (4.68%) and CoVantage Credit Union (4.81%).

    Shawano, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    CoVantage Credit Union $79,045,000 $46,710,000 -40.9% 23.4%
    CAPITAL Credit Union $14,255,000 $12,770,000 -10.4% 6.4%
    FOX COMMUNITIES $14,395,000 $12,370,000 -14.1% 6.2%
    Associated Bank $13,070,000 $9,350,000 -28.5% 4.7%
    Community First Credit Union $8,245,000 $7,915,000 -4.0% 4.0%
    Nicolet National Bank $8,120,000 $6,280,000 -22.7% 3.1%
    Premier Community Bank $4,980,000 $5,255,000 5.5% 2.6%
    QUICKEN LOANS, LLC $10,600,000 $5,210,000 -50.8% 2.6%
    UNITED WHOLESALE MORTGAGE, LLC $7,730,000 $4,480,000 -42.0% 2.2%
    Johnson Bank $12,515,000 $4,025,000 -67.8% 2.0%
    Bank First, N.A. $4,065,000 $3,965,000 -2.5% 2.0%
    GreenStone Farm Credit Services, FLCA $4,520,000 $3,655,000 -19.1% 1.8%
    Bay Bank $3,970,000 $3,385,000 -14.7% 1.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,150,000 $2,945,000 -29.0% 1.5%
    CHERRY CREEK MORTGAGE, LLC $2,210,000 $2,790,000 26.2% 1.4%
    Landmark Credit Union $1,450,000 $2,750,000 89.7% 1.4%
    BMO Harris Bank $3,995,000 $2,665,000 -33.3% 1.3%
    Wells Fargo Bank $7,565,000 $2,510,000 -66.8% 1.3%
    FINANCE OF AMERICA MORTGAGE LLC $2,540,000 $2,450,000 -3.5% 1.2%
    Bank of Luxemburg $970,000 $2,255,000 132.5% 1.1%
    U.S. Bank $1,920,000 $2,105,000 9.6% 1.1%
    INLANTA MORTGAGE, INC. $5,385,000 $2,000,000 -62.9% 1.0%
    GUARANTEED RATE, INC. $5,250,000 $1,880,000 -64.2% 0.9%
    Mortgage Research Center, LLC $2,555,000 $1,805,000 -29.4% 0.9%
    Nations Lending Corporation $215,000 $1,720,000 700.0% 0.9%
    PCM $595,000 $1,695,000 184.9% 0.8%
    AbbyBank $2,500,000 $1,570,000 -37.2% 0.8%
    Fortifi Bank $475,000 $1,540,000 224.2% 0.8%
    FORTE BANK $1,505,000 n/a 0.8%
    Bank Five Nine $300,000 $1,465,000 388.3% 0.7%
    Waterstone Mortgage Corporation $1,985,000 $1,460,000 -26.4% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $945,000 $1,400,000 48.1% 0.7%
    BLC Community Bank $2,900,000 $1,120,000 -61.4% 0.6%
    USAA Federal Savings Bank $245,000 $995,000 306.1% 0.5%
    MARINE $760,000 $990,000 30.3% 0.5%
    Cloverbelt Credit Union $470,000 $985,000 109.6% 0.5%
    Denmark State Bank $2,360,000 $945,000 -60.0% 0.5%
    CROSSCOUNTRY MORTGAGE, LLC $1,640,000 $875,000 -46.6% 0.4%
    NAVY FEDERAL CREDIT UNION $800,000 n/a 0.4%
    Summit Credit Union $725,000 $780,000 7.6% 0.4%
    Wolf River Community Bank $1,215,000 $775,000 -36.2% 0.4%
    PENNYMAC LOAN SERVICES, LLC $1,115,000 $750,000 -32.7% 0.4%
    Peoples State Bank $730,000 n/a 0.4%
    North Shore Bank FSB $1,650,000 $690,000 -58.2% 0.3%
    Bank of England $175,000 $645,000 268.6% 0.3%
    EVERETT FINANCIAL, INC. $795,000 $645,000 -18.9% 0.3%
    BROKER SOLUTIONS, INC. $880,000 $640,000 -27.3% 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,985,000 $610,000 -69.3% 0.3%
    PLAZA HOME MORTGAGE, INC. $640,000 $590,000 -7.8% 0.3%
    University of Wisconsin Credit Union $1,695,000 $575,000 -66.1% 0.3%
    Cleveland State Bank $125,000 $555,000 344.0% 0.3%
    N.E.W. Credit Union $275,000 $545,000 98.2% 0.3%
    PROSPERA Credit Union $535,000 n/a 0.3%
    Kohler Credit Union $115,000 $510,000 343.5% 0.3%
    PLANET HOME LENDING, LLC $490,000 n/a 0.2%
    Marathon Bank $485,000 n/a 0.2%
    UNITED HOME LOANS, INC. $485,000 n/a 0.2%
    Citizens Bank $480,000 n/a 0.2%
    THE PESHTIGO NATIONAL BANK $480,000 n/a 0.2%
    Intercity State Bank $795,000 $455,000 -42.8% 0.2%
    LOANDEPOT.COM, LLC $2,105,000 $435,000 -79.3% 0.2%
    PNC Bank $435,000 n/a 0.2%
    UNISON CREDIT UNION $575,000 $405,000 -29.6% 0.2%
    S1L, Inc. $395,000 n/a 0.2%
    A + MORTGAGE SERVICES, INC. $395,000 $385,000 -2.5% 0.2%
    The Central Trust Bank $385,000 n/a 0.2%
    HOME POINT FINANCIAL CORPORATION $380,000 n/a 0.2%
    Bell Bank $115,000 $365,000 217.4% 0.2%
    ENVOY MORTGAGE, LTD $180,000 $365,000 102.8% 0.2%
    FREEDOM MORTGAGE CORPORATION $3,645,000 $365,000 -90.0% 0.2%
    TOWNE MORTGAGE COMPANY $1,595,000 $345,000 -78.4% 0.2%
    State Bank of Chilton $335,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $310,000 $330,000 6.5% 0.2%
    Tomahawk Community Bank SSB $145,000 $325,000 124.1% 0.2%
    Carrington Mortgage Services, LLC $415,000 $320,000 -22.9% 0.2%
    GSF Mortgage Corporation $850,000 $315,000 -62.9% 0.2%
    MICHIGAN MUTUAL, INC. $840,000 $300,000 -64.3% 0.2%
    Prosperity Home Mortgage, LLC $325,000 $295,000 -9.2% 0.1%
    Barrington Bank & Trust Company, N.A. $270,000 $290,000 7.4% 0.1%
    Paramount Residential Mortgage Group, Inc. $970,000 $285,000 -70.6% 0.1%
    VERVE, A CREDIT UNION $610,000 $285,000 -53.3% 0.1%
    The Port Washington State Bank $275,000 n/a 0.1%
    Tri City National Bank $155,000 $275,000 77.4% 0.1%
    Bristol Morgan Bank $270,000 n/a 0.1%
    Old National Bank $1,110,000 $270,000 -75.7% 0.1%
    CORNERSTONE HOME LENDING, INC. $300,000 $260,000 -13.3% 0.1%
    Flagstar Bank, FSB $3,750,000 $260,000 -93.1% 0.1%
    The Huntington National Bank $450,000 $260,000 -42.2% 0.1%
    Capitol Federal Savings Bank $245,000 n/a 0.1%
    Ixonia Bank $485,000 $240,000 -50.5% 0.1%
    JPMorgan Chase Bank $1,935,000 $240,000 -87.6% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $350,000 $230,000 -34.3% 0.1%
    NEW DAY FINANCIAL, LLC $1,000,000 $230,000 -77.0% 0.1%
    MORTGAGE CENTER L.C $225,000 n/a 0.1%
    AmeriHome Mortgage Company, LLC $115,000 $215,000 87.0% 0.1%
    IncredibleBank $605,000 $195,000 -67.8% 0.1%
    Discover Bank $190,000 n/a 0.1%
    EDUCATORS CREDIT UNION $550,000 $190,000 -65.5% 0.1%
    FIRST CENTENNIAL MORTGAGE CORPORATION $255,000 $185,000 -27.5% 0.1%
    Royal Credit Union $185,000 n/a 0.1%
    West Pointe Bank $180,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $350,000 $175,000 -50.0% 0.1%
    The Federal Savings Bank $175,000 n/a 0.1%
    TJC Mortgage, Inc. $175,000 n/a 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $165,000 n/a 0.1%
    AMERISAVE MORTGAGE CORPORATION $945,000 $165,000 -82.5% 0.1%
    AMERICAN FINANCING CORPORATION $495,000 $155,000 -68.7% 0.1%
    American National Bank - Fox Cities $140,000 $155,000 10.7% 0.1%
    ANGEL OAK HOME LOANS LLC $155,000 n/a 0.1%
    Fifth Third Bank $280,000 $155,000 -44.6% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $155,000 n/a 0.1%
    LOANPAL, LLC $155,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $155,000 n/a 0.1%
    Valley Communities Credit Union $155,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $1,065,000 $145,000 -86.4% 0.1%
    VAN DYK MORTGAGE CORPORATION $145,000 n/a 0.1%
    ALLIANT CREDIT UNION $135,000 n/a 0.1%
    GATEWAY MORTGAGE CORPORATION $125,000 n/a 0.1%
    MOVEMENT MORTGAGE, LLC $125,000 n/a 0.1%
    First Guaranty Mortgage Corporation $85,000 $115,000 35.3% 0.1%
    First Savings Bank $115,000 n/a 0.1%
    LAND HOME FINANCIAL SERVICES, INC. $560,000 $115,000 -79.5% 0.1%
    Plains Commerce Bank $360,000 $115,000 -68.1% 0.1%
    THRIVENT Federal Credit Union $1,495,000 $115,000 -92.3% 0.1%
    Westbury Bank $115,000 n/a 0.1%
    Wyndham Capital Mortgage, Inc. $115,000 n/a 0.1%
    GUARANTEED RATE AFFINITY, LLC $105,000 n/a 0.1%
    NETWORK CAPITAL FUNDING CORPORATION $105,000 n/a 0.1%
    National Exchange Bank and Trust $1,125,000 $100,000 -91.1% 0.1%
    ZILLOW HOME LOANS, LLC $95,000 n/a 0.0%
    Community State Bank $305,000 $85,000 -72.1% 0.0%
    NEWREZ LLC $1,300,000 $85,000 -93.5% 0.0%
    Oak Bank $85,000 n/a 0.0%
    East Wisconsin Savings Bank $165,000 $65,000 -60.6% 0.0%
    ROYAL UNITED MORTGAGE LLC $335,000 $65,000 -80.6% 0.0%
    Park City Credit Union $55,000 n/a 0.0%
    Hometown Bank $920,000 $35,000 -96.2% 0.0%
    TRIAD FINANCIAL SERVICES, INC. $205,000 $35,000 -82.9% 0.0%
    GreenStone Farm Credit Services, ACA $40,000 $15,000 -62.5% 0.0%

    Shawano's top lender by overall market share is CoVantage Credit Union, with 23.4% market share. In second place, with 6.4%, is CAPITAL Credit Union, having originated $12,770,000 in loans. In third place, with 6.2%, is FOX COMMUNITIES, having originated $12,370,000 in loans. In fourth place, with 4.7%, is Associated Bank, having originated $9,350,000 in loans. In fifth place, with 4.0%, is Community First Credit Union, having originated $7,915,000 in loans.

    Shawano, WI Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 578 $116,120,000 $200,900
    Cash Out Refi 277 $35,635,000 $128,646
    Refi 254 $30,920,000 $121,732
    Other 187 $11,435,000 $61,150
    Home Improvement 75 $5,395,000 $71,933

    Shawano's most frequently cited loan purpose was Home Purchase, with 578 originations. The 2nd most popular reason was Cash Out Refi, with 277 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 402 $58,140,000 $144,627
    5-6% 270 $38,190,000 $141,444
    4-5% 247 $37,575,000 $152,126
    6-7% 145 $19,075,000 $131,552
    2.5-3% 120 $19,900,000 $165,833
    <2.5% 62 $7,910,000 $127,581
    7-8% 30 $2,620,000 $87,333
    Over 8% 13 $1,415,000 $108,846

    During 2022, Shawano's most frequently originated rate bucket was 3-4%, with 402 originations.

    Loan Sizing (Shawano, WI MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 575 $29,755,000 $51,748
    $100k-200k 493 $70,675,000 $143,357
    $200k-400k 245 $65,815,000 $268,633
    $400k-600k 46 $22,060,000 $479,565
    $600k-1000k 8 $5,840,000 $730,000
    $Over $1MM 4 $5,360,000 $1,340,000

    Shawano's loan sizing saw the bucket of loans from $100,000 or less with 575 originations, totaling $29,755,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 395 $74,465,000 $188,519
    60-80% 335 $64,095,000 $191,328
    20-40% 200 $14,370,000 $71,850
    Under 20% 185 $5,825,000 $31,486
    40-60% 160 $23,340,000 $145,875
    Over 100% 10 $2,410,000 $241,000

    Shawano's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 395 originations, totaling $74,465,000 in origination value.