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Ixonia Bank
Bank|Ixonia, WI|National
Loans Originated
6,331
Applications
8,781
Volume
$1 billion
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Mediocre
Overall Pull Through
Strong
Pricing and Pullthrough Overview
Average Rate Spread
+0.652%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,398
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
72.1%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
- Nationwide availability with consistent service
Things to Think About
- Rates typically 65 basis points above market average
Report Card
Ixonia Bank performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Mediocre | Below peers | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Exceptional | Market Leader | |
VA | Exceptional | Market Leader | |
Jumbo | Strong | Highly Competitive | |
USDA | Exceptional | Market Leader | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | National · 50 metro areas · 49 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$295,747
Average Borrower Income
$119,002
Average Property Value
$352,133
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Exceptional | Mediocre | Strong | 3,690 | 58.3% | +0.565% | $3,270 |
FHA Loans | Sound | Exceptional | Mediocre | Strong | 1,996 | 31.5% | +0.981% | $3,706 |
VA Loans | Sound | Exceptional | Mediocre | Strong | 452 | 7.1% | +0.020% | $3,412 |
Jumbo Loans | Sound | Strong | N/A | Sound | 50 | 0.8% | +0.574% | $4,399 |
USDA Loans | Sound | Exceptional | Mediocre | Strong | 143 | 2.3% | +0.814% | $3,068 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Exceptional | Mediocre | Strong | 5,840 | 92.2% | +0.663% | $3,419 |
Refinance | Acceptable | Strong | Mediocre | Sound | 491 | 7.8% | +0.527% | $3,160 |
Geographic Coverage
Metro Areas
49
States Served
49
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
ALARAZCACOCTDCDEFLGAIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWY
Top Metro Areas by Place Specialization Score
1
Youngstown, OHMSA
Volume: 657Mix: 10.38%
Place Specialization
Exceptional
2
Kankakee, IL, ILMSA
Volume: 81Mix: 1.28%
Place Specialization
Exceptional
3
Lake County, INMSA
Volume: 225Mix: 3.55%
Place Specialization
Exceptional
4
Scranton, PAMSA
Volume: 204Mix: 3.22%
Place Specialization
Exceptional
5
Allentown, PA-NJMSA
Volume: 165Mix: 2.61%
Place Specialization
Exceptional
6
Milwaukee, WIMSA
Volume: 215Mix: 3.40%
Place Specialization
Strong
7
Denver, COMSA
Volume: 330Mix: 5.21%
Place Specialization
Strong
8
Chicago, ILMSA
Volume: 333Mix: 5.26%
Place Specialization
Strong
9
Nashville, TNMSA
Volume: 197Mix: 3.11%
Place Specialization
Strong
10
North Port, FLMSA
Volume: 92Mix: 1.45%
Place Specialization
Strong
Showing 10 of 49 metro areas
Top States by Place Specialization Score
1
PAState
Volume: 988Mix: 15.61%
Place Specialization
Exceptional
2
WIState
Volume: 699Mix: 11.04%
Place Specialization
Exceptional
3
OHState
Volume: 890Mix: 14.06%
Place Specialization
Strong
4
ILState
Volume: 536Mix: 8.47%
Place Specialization
Strong
5
COState
Volume: 482Mix: 7.61%
Place Specialization
Strong
6
INState
Volume: 386Mix: 6.10%
Place Specialization
Strong
7
FLState
Volume: 578Mix: 9.13%
Place Specialization
Strong
8
TNState
Volume: 269Mix: 4.25%
Place Specialization
Strong
9
KYState
Volume: 146Mix: 2.31%
Place Specialization
Strong
10
CTState
Volume: 128Mix: 2.02%
Place Specialization
Strong
Showing 10 of 34 states
How We Rank Lenders
Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.
Our Point System (Max 30 Points)
10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
⭐
Superstar(60-79% = 18-23 points)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
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