Shawano Mortgage Rates & Closing Costs

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.