# Waukesha State Bank

> **Canonical URL:** https://saferate.com/lenders/waukesha-state-bank


> **📋 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


Waukesha State Bank is a bank, headquartered in Waukesha, WI, serving borrowers across 4 states, with 379 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 36% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 27% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493003H8ECZKN77IZ88
- **Headquarters:** Waukesha, WI
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** AZ, IL, TX, WI
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 64/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 73/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.154%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $337
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 379
- **Dollar Volume:** $143 million
- **Applications Received:** 453
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $377,005
- **Average Borrower Income:** $170,377
- **Average Property Value:** $591,649

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (64%)
- ⭐ **Purchase Gold Superstar** (64%)
- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 60/100 | 359 | +0.155% | $328 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 252 loans, Score: 56/100 (Sound)
- Refinance: 107 loans, Score: 65/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 57/100 | 269 | $105M | +0.177% | Sound ☺️ |
| Refinance | 64/100 | 110 | $38M | +0.101% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WI | 374 | 0.57% | 83/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Milwaukee | WI | 313 | 87/100 |
| Non |  | 38 | 40/100 |
| Racine | WI | 10 | 44/100 |

## Where This Lender Ranks

Waukesha State Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#5** in Milwaukee Banks
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders/banks)
- 🏆 **#5** in Milwaukee for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#7** in Wisconsin Banks
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/banks)
- 🏆 **#7** in Wisconsin for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#8** in Milwaukee for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#10** in Milwaukee
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders)
- 🏆 **#10** in Milwaukee for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#10** in Racine for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/racine/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#12** in Milwaukee for FHA Loans
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders/fha-loans)
- 🏆 **#12** in Milwaukee for Jumbo Loans
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders/jumbo-loans)
- 🏆 **#13** in Wisconsin for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#14** in Wisconsin for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#19** in Wisconsin
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders)
- 🏆 **#20** in Milwaukee for Conventional Loans
  - [View Full Rankings](https://saferate.com/milwaukee/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Waukesha State Bank offer?

Waukesha State Bank offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Waukesha State Bank offer mortgages?

Waukesha State Bank offers mortgages in 4 states: AZ, IL, TX, WI.

### How competitive are Waukesha State Bank's mortgage rates?

Waukesha State Bank has a pricing score of 64/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.154% above market average.

### What type of lender is Waukesha State Bank?

Waukesha State Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Waukesha, WI.

### What is Waukesha State Bank's loan approval success rate?

Waukesha State Bank has a pull-through score of 73/100 (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/waukesha-state-bank

### How to Cite

> "Waukesha State Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/waukesha-state-bank

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