# Great Midwest Bank, S.S.B.

> **Canonical URL:** https://saferate.com/lenders/great-midwest-bank-ssb


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Great Midwest Bank, S.S.B. is a bank, headquartered in Brookfield, WI, with 319 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 39% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 32% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 254900AG9OLNQOYN9650
- **Headquarters:** Brookfield, WI
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** WI
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 61/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 68/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.191%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $550
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 319
- **Dollar Volume:** $148 million
- **Applications Received:** 403
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $463,746
- **Average Borrower Income:** $209,191
- **Average Property Value:** $670,266

## Safe Rate Awards 🏆

- ⭐ **Refinance Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 56/100 | 286 | +0.189% | $502 | Sound ☺️ |
| Jumbo | 74/100 | 33 | +0.382% | $3,781 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 239 loans, Score: 56/100 (Sound)
- Refinance: 47 loans, Score: 52/100 (Sound)

**Jumbo:**
- Purchase: 29 loans, Score: 74/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 57/100 | 268 | $129M | +0.223% | Sound ☺️ |
| Refinance | 53/100 | 51 | $19M | +0.086% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WI | 317 | 0.48% | 81/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Milwaukee | WI | 277 | 86/100 |
| Non |  | 13 | 24/100 |
| Racine | WI | 12 | 48/100 |

## Where This Lender Ranks

Great Midwest Bank, S.S.B. appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Milwaukee for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#6** in Milwaukee Banks
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders/banks)
- 🏆 **#6** in Milwaukee for Jumbo Loans
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders/jumbo-loans)
- 🏆 **#7** in Wisconsin for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#10** in Wisconsin Banks
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/banks)
- 🏆 **#11** in Milwaukee
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders)
- 🏆 **#13** in Wisconsin for Jumbo Loans
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/jumbo-loans)
- 🏆 **#13** in Racine for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/racine/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#17** in Milwaukee for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does Great Midwest Bank, S.S.B. offer?

Great Midwest Bank, S.S.B. offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Great Midwest Bank, S.S.B. offer mortgages?

Great Midwest Bank, S.S.B. offers mortgages in 1 states: WI.

### How competitive are Great Midwest Bank, S.S.B.'s mortgage rates?

Great Midwest Bank, S.S.B. has a pricing score of 61/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.191% above market average.

### What type of lender is Great Midwest Bank, S.S.B.?

Great Midwest Bank, S.S.B. is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Brookfield, WI.

### What is Great Midwest Bank, S.S.B.'s loan approval success rate?

Great Midwest Bank, S.S.B. has a pull-through score of 68/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/great-midwest-bank-ssb

### How to Cite

> "Great Midwest Bank, S.S.B. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/great-midwest-bank-ssb

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