Shawano 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 Shawano averaged 6.78% for the week of 2024-07-18, compared to the national average of 6.77% for the same period.

    The average rate for the prior week (2024-07-11) was 6.7% and one month ago for the week of 2024-06-13, the average rate was 6.66%.

    Shawano's average rate one year ago was 6.77%.

    For refis of the same type during the week of 2024-07-18, the average rate was 6.67%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-07-18 6.77%
    Shawano 30 Year Fixed Rate 2024-07-18 6.78%
    Shawano 30 Year Fixed Rate Refi 2024-07-18 6.67%
    Shawano 15 Year Fixed Rate 2024-07-18 5.85%
    Shawano 15 Year Fixed Rate Refi 2024-07-18 6.25%
    Shawano 30 Year FHA 2024-07-18 6.49%
    Shawano 30 Year FHA Refi 2024-07-18 6.69%
    Shawano 30 Year USDA 2024-07-18 6.63%
    Shawano 30 Year USDA Refi 2024-07-18 6.63%
    Shawano 30 Year VA 2024-07-18 6.1%
    Shawano 30 Year VA Refi 2024-07-18 6.3%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    CoVantage Credit Union 96 6.66% $2,849
    CAPITAL Credit Union 32 6.32% $2,216
    FOX COMMUNITIES 17 6.40% $1,021
    Bank First, N.A. 15 6.82% $2,229
    Associated Bank 13 6.78% $2,993
    UNITED WHOLESALE MORTGAGE, LLC 13 6.82% $3,803
    Community First Credit Union 8 6.08% $2,576
    Nicolet National Bank 8 7.25% $3,182
    GUILD MORTGAGE COMPANY 7 6.79% $3,298
    QUICKEN LOANS, LLC 7 6.64% $8,274
    U.S. Bank 6 6.83% $2,970
    Ixonia Bank 6 6.90% $4,349
    AbbyBank 5 6.55% $2,406
    Barrington Bank & Trust Company, N.A. 5 6.92% $5,398
    Nations Lending Corporation 5 6.55% $3,453
    Summit Credit Union 4 6.00% $2,624
    GUARANTEED RATE, INC. 4 7.21% $5,340
    Bank of Luxemburg 3 7.13% $2,588
    MOVEMENT MORTGAGE, LLC 3 7.42% $5,104
    Waterstone Mortgage Corporation 3 6.46% $4,235
    North Shore Bank FSB 3 6.29% $2,766
    UNISON CREDIT UNION 3 6.92% $1,619
    Paramount Residential Mortgage Group, Inc. 3 6.83% $5,959
    University of Wisconsin Credit Union 3 6.75% $2,817
    Bankers' Bank 2 7.00% $2,114
    V.I.P. MORTGAGE, INC. 2 7.63% $9,251
    Wells Fargo Bank 2 7.31% $2,966
    Peoples State Bank 2 6.81% $3,156
    FIRST CENTENNIAL MORTGAGE CORPORATION 2 7.13% $4,636
    BMO Harris Bank 2 6.63% $5,232
    CROSSCOUNTRY MORTGAGE, LLC 2 7.43% $4,297
    Morgan Stanley Private Bank 2 5.96% $2,681
    GreenStone Farm Credit Services, FLCA 2 7.23% $2,829
    The Huntington National Bank 2 6.94% $2,720
    JPMorgan Chase Bank 2 6.93% $5,758
    Prosperity Home Mortgage, LLC 1 6.00% $5,850
    A + MORTGAGE SERVICES, INC. 1 6.63% $2,375
    Royal Credit Union 1 6.25% $0
    ROYAL UNITED MORTGAGE LLC 1 7.88% $6,276
    SUN WEST MORTGAGE COMPANY, INC. 1 6.47% $1,585
    The Equitable Bank, S.S.B. 1 6.88% $3,351
    The Park Bank 1 6.25% $2,047
    AMERISAVE MORTGAGE CORPORATION 1 7.38% $5,819
    USAA Federal Savings Bank 1 7.88% $3,525
    ACADEMY MORTGAGE CORPORATION 1 7.63% $3,578
    Waukesha State Bank 1 7.50% $3,249
    Citadel Servicing Corporation 1 10.13% $8,135
    CHERRY CREEK MORTGAGE, LLC 1 6.88% $638
    CARDINAL FINANCIAL 1 7.38% $3,087
    COMPEER FINANCIAL, FLCA 1 7.75% $6,192
    ENDEAVOR CAPITAL, LLC. 1 7.50% $5,623
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.13% $3,587
    First Federal Bank 1 8.50% $2,365
    Bell Bank 1 7.49% $2,797
    HOMESIDE FINANCIAL, LLC 1 5.99% $2,429
    HOMESTEAD FUNDING CORP. 1 7.13% $3,627
    Horicon Bank 1 6.13% $2,714
    IAA Credit Union 1 5.88% $8,777
    IncredibleBank 1 7.38% $3,070
    Bank Five Nine 1 6.13% $2,227
    Kohler Credit Union 1 6.13% $3,813
    Landmark Credit Union 1 5.63% $1,977
    MICHIGAN MUTUAL, INC. 1 7.50% $3,998
    Mr. Cooper ( Nationstar Mortgage ) 1 6.63% $6,947
    NAVY FEDERAL CREDIT UNION 1 7.75% $4,423
    NexBank 1 7.50% $2,734
    PCM 1 5.75% $1,425

    Shawano Average Closing Costs & Other Stats

    Shawano, WI's 67 lenders originated 1,139 loans during 2023. The total origination value was $150,665,000, with an average loan value of $132,278.

    Shawano's average closing costs are $2,873.

    The top Shawano lender as defined by loan originations is CoVantage Credit Union, with 96 loans originated. Their average total fees are $2,849, which is $633 higher than the next largest lender, CAPITAL Credit Union.

    The lowest fee Shawano lenders (with over 10 loans originated) are FOX COMMUNITIES ($1,021), CAPITAL Credit Union ($2,216), Bank First, N.A. ($2,229), CoVantage Credit Union ($2,849) and Associated Bank ($2,993).

    The lowest rate Shawano lenders (with over 10 loans originated) are CAPITAL Credit Union (6.32%), FOX COMMUNITIES (6.40%), CoVantage Credit Union (6.66%), Associated Bank (6.78%) and Bank First, N.A. (6.82%).

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    CoVantage Credit Union $46,710,000 $33,965,000 -27.3% 22.5%
    CAPITAL Credit Union $12,770,000 $9,040,000 -29.2% 6.0%
    FOX COMMUNITIES $12,370,000 $7,795,000 -37.0% 5.2%
    Community First Credit Union $7,915,000 $5,710,000 -27.9% 3.8%
    Associated Bank $9,350,000 $5,680,000 -39.3% 3.8%
    Bank First, N.A. $3,965,000 $5,090,000 28.4% 3.4%
    Nicolet National Bank $6,280,000 $4,175,000 -33.5% 2.8%
    Premier Community Bank $5,255,000 $3,650,000 -30.5% 2.4%
    Johnson Bank $4,025,000 $3,375,000 -16.1% 2.2%
    UNITED WHOLESALE MORTGAGE, LLC $4,480,000 $3,225,000 -28.0% 2.1%
    Mortgage Research Center, LLC $1,805,000 $3,135,000 73.7% 2.1%
    AbbyBank $1,570,000 $3,005,000 91.4% 2.0%
    GUILD MORTGAGE COMPANY $2,850,000 n/a 1.9%
    QUICKEN LOANS, LLC $5,210,000 $2,560,000 -50.9% 1.7%
    Ixonia Bank $240,000 $2,510,000 945.8% 1.7%
    Bay Bank $3,385,000 $2,495,000 -26.3% 1.7%
    Summit Credit Union $780,000 $2,400,000 207.7% 1.6%
    BMO Harris Bank $2,665,000 $2,060,000 -22.7% 1.4%
    Barrington Bank & Trust Company, N.A. $290,000 $2,015,000 594.8% 1.3%
    U.S. Bank $2,105,000 $1,895,000 -10.0% 1.3%
    North Shore Bank FSB $690,000 $1,885,000 173.2% 1.3%
    V.I.P. MORTGAGE, INC. $1,810,000 n/a 1.2%
    GUARANTEED RATE, INC. $1,880,000 $1,730,000 -8.0% 1.1%
    Landmark Credit Union $2,750,000 $1,675,000 -39.1% 1.1%
    Nations Lending Corporation $1,720,000 $1,580,000 -8.1% 1.0%
    Paramount Residential Mortgage Group, Inc. $285,000 $1,440,000 405.3% 1.0%
    MOVEMENT MORTGAGE, LLC $125,000 $1,435,000 1,048.0% 1.0%
    Peoples State Bank $730,000 $1,415,000 93.8% 0.9%
    GreenStone Farm Credit Services, FLCA $3,655,000 $1,335,000 -63.5% 0.9%
    Waterstone Mortgage Corporation $1,460,000 $1,075,000 -26.4% 0.7%
    CROSSCOUNTRY MORTGAGE, LLC $875,000 $1,015,000 16.0% 0.7%
    University of Wisconsin Credit Union $575,000 $955,000 66.1% 0.6%
    Morgan Stanley Private Bank $910,000 n/a 0.6%
    Independent Bank $865,000 n/a 0.6%
    PCM $1,695,000 $865,000 -49.0% 0.6%
    BROKER SOLUTIONS, INC. $640,000 $775,000 21.1% 0.5%
    COMPEER FINANCIAL, FLCA $775,000 n/a 0.5%
    BLC Community Bank $1,120,000 $715,000 -36.2% 0.5%
    FIRST CENTENNIAL MORTGAGE CORPORATION $185,000 $695,000 275.7% 0.5%
    WINGS FINANCIAL $685,000 n/a 0.5%
    IAA Credit Union $645,000 n/a 0.4%
    Bankers' Bank $620,000 n/a 0.4%
    JPMorgan Chase Bank $240,000 $600,000 150.0% 0.4%
    Wells Fargo Bank $2,510,000 $595,000 -76.3% 0.4%
    Horicon Bank $550,000 n/a 0.4%
    Bank of Luxemburg $2,255,000 $535,000 -76.3% 0.4%
    N.E.W. Credit Union $545,000 $475,000 -12.8% 0.3%
    UNISON CREDIT UNION $405,000 $475,000 17.3% 0.3%
    Frandsen Bank & Trust $465,000 n/a 0.3%
    Farmers Savings Bank $455,000 n/a 0.3%
    Kohler Credit Union $510,000 $445,000 -12.7% 0.3%
    Greenleaf Wayside Bank $440,000 n/a 0.3%
    Cloverbelt Credit Union $985,000 $415,000 -57.9% 0.3%
    East Wisconsin Savings Bank $65,000 $410,000 530.8% 0.3%
    Bell Bank $365,000 $380,000 4.1% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $330,000 $380,000 15.2% 0.3%
    MARINE $990,000 $375,000 -62.1% 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $1,400,000 $375,000 -73.2% 0.2%
    The Huntington National Bank $260,000 $365,000 40.4% 0.2%
    The Park Bank $365,000 n/a 0.2%
    Wolf River Community Bank $775,000 $360,000 -53.5% 0.2%
    Community First Bank $330,000 n/a 0.2%
    FREEDOM MORTGAGE CORPORATION $365,000 $330,000 -9.6% 0.2%
    WINNEBAGO COMMUNITY $320,000 n/a 0.2%
    AgCountry Farm Credit Services, FLCA $315,000 n/a 0.2%
    CARDINAL FINANCIAL $610,000 $315,000 -48.4% 0.2%
    First Federal Bank $315,000 n/a 0.2%
    MID AMERICA MORTGAGE, INC. $155,000 $315,000 103.2% 0.2%
    NAVY FEDERAL CREDIT UNION $800,000 $300,000 -62.5% 0.2%
    Prosperity Home Mortgage, LLC $295,000 $285,000 -3.4% 0.2%
    Carrington Mortgage Services, LLC $320,000 $275,000 -14.1% 0.2%
    CHERRY CREEK MORTGAGE, LLC $2,790,000 $260,000 -90.7% 0.2%
    GREAT RIVER FEDERAL CREDIT UNION $255,000 n/a 0.2%
    LOANDEPOT.COM, LLC $435,000 $250,000 -42.5% 0.2%
    TRIAD FINANCIAL SERVICES, INC. $35,000 $250,000 614.3% 0.2%
    A + MORTGAGE SERVICES, INC. $385,000 $245,000 -36.4% 0.2%
    Flagstar Bank, FSB $260,000 $245,000 -5.8% 0.2%
    GUARANTEED RATE AFFINITY, LLC $105,000 $245,000 133.3% 0.2%
    MICHIGAN MUTUAL, INC. $300,000 $240,000 -20.0% 0.2%
    FORTE BANK $1,505,000 $230,000 -84.7% 0.2%
    The Equitable Bank, S.S.B. $225,000 n/a 0.1%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $215,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $205,000 n/a 0.1%
    Citadel Servicing Corporation $195,000 n/a 0.1%
    Equity Prime Mortgage LLC $195,000 n/a 0.1%
    Intercity State Bank $455,000 $190,000 -58.2% 0.1%
    Waukesha State Bank $185,000 n/a 0.1%
    ENDEAVOR CAPITAL, LLC. $175,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $175,000 n/a 0.1%
    NEW DAY FINANCIAL, LLC $230,000 $175,000 -23.9% 0.1%
    NexBank $175,000 n/a 0.1%
    TRUSTONE FINANCIAL FEDERAL CREDIT UNION $175,000 n/a 0.1%
    GSF Mortgage Corporation $315,000 $165,000 -47.6% 0.1%
    IncredibleBank $195,000 $165,000 -15.4% 0.1%
    Old National Bank $270,000 $155,000 -42.6% 0.1%
    HOMESTEAD FUNDING CORP. $145,000 n/a 0.1%
    Royal Credit Union $185,000 $145,000 -21.6% 0.1%
    USAA Federal Savings Bank $995,000 $145,000 -85.4% 0.1%
    AFFINITY PLUS $135,000 n/a 0.1%
    NEWREZ LLC $85,000 $135,000 58.8% 0.1%
    THE PESHTIGO NATIONAL BANK $480,000 $135,000 -71.9% 0.1%
    AMERISAVE MORTGAGE CORPORATION $165,000 $125,000 -24.2% 0.1%
    Bank Five Nine $1,465,000 $125,000 -91.5% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $115,000 n/a 0.1%
    ACADEMY MORTGAGE CORPORATION $105,000 n/a 0.1%
    The Stephenson National Bank and Trust $105,000 n/a 0.1%
    Discover Bank $190,000 $95,000 -50.0% 0.1%
    PENNYMAC LOAN SERVICES, LLC $750,000 $95,000 -87.3% 0.1%
    Connexus Credit Union $90,000 n/a 0.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,945,000 $85,000 -97.1% 0.1%
    EDUCATORS CREDIT UNION $190,000 $80,000 -57.9% 0.1%
    GreenStone Farm Credit Services, ACA $15,000 $75,000 400.0% 0.0%
    ROYAL UNITED MORTGAGE LLC $65,000 $75,000 15.4% 0.0%
    Marathon Bank $485,000 $55,000 -88.7% 0.0%
    National Exchange Bank and Trust $100,000 $45,000 -55.0% 0.0%
    Tomahawk Community Bank SSB $325,000 $45,000 -86.2% 0.0%
    VERVE, A CREDIT UNION $285,000 $45,000 -84.2% 0.0%
    Brokaw Credit Union $35,000 n/a 0.0%
    Figure Lending LLC $35,000 n/a 0.0%
    The First National Bank and Trust Company $15,000 n/a 0.0%

    Shawano's top lender by overall market share is CoVantage Credit Union, with 22.5% market share. In second place, with 6.0%, is CAPITAL Credit Union, having originated $9,040,000 in loans. In third place, with 5.2%, is FOX COMMUNITIES, having originated $7,795,000 in loans. In fourth place, with 3.8%, is Community First Credit Union, having originated $5,710,000 in loans. In fifth place, with 3.8%, is Associated Bank, having originated $5,680,000 in loans.

    Shawano, WI Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 427 $90,065,000 $210,925
    Other 236 $12,900,000 $54,661
    Refi 231 $18,995,000 $82,229
    Cash Out Refi 165 $20,655,000 $125,182
    Home Improvement 80 $8,050,000 $100,625

    Shawano's most frequently cited loan purpose was Home Purchase, with 427 originations. The 2nd most popular reason was Other, with 236 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    7-8% 405 $42,575,000 $105,123
    6-7% 371 $56,335,000 $151,846
    Over 8% 146 $12,590,000 $86,233
    5-6% 139 $27,475,000 $197,662
    4-5% 7 $945,000 $135,000
    <2.5% 5 $395,000 $79,000

    During 2023, Shawano's most frequently originated rate bucket was 7-8%, with 405 originations.

    Loan Sizing (Shawano, WI MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 601 $28,375,000 $47,213
    $100k-200k 305 $43,485,000 $142,574
    $200k-400k 178 $48,280,000 $271,236
    $400k-600k 38 $17,710,000 $466,053
    $600k-1000k 16 $11,530,000 $720,625
    $Over $1MM 1 $1,285,000 $1,285,000

    Shawano's loan sizing saw the bucket of loans from $100,000 or less with 601 originations, totaling $28,375,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 249 $54,515,000 $218,936
    Under 20% 245 $8,755,000 $35,735
    20-40% 238 $16,810,000 $70,630
    60-80% 202 $40,560,000 $200,792
    40-60% 128 $18,480,000 $144,375
    Over 100% 5 $945,000 $189,000

    Shawano's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 249 originations, totaling $54,515,000 in origination value.