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Waukesha State Bank

BankWaukesha, WIDirect to Consumer

Waukesha State Bank has 379 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pricing
Strong
vs. all lenders
Pull Through
Strong
closing strength
Products
Sound
Conventional
Place
Strong
Regional · 2 mkts
Safe Rate AwardsConventional SuperstarPurchase SuperstarRefinance Superstar

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Safe Rate's Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees
  • Strong pull through performance

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Report Card

Waukesha State Bank performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
Highly Competitive
+15.4 bps above market avg
Pull Through
Closing strength
Strong
Highly Competitive
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Industry Standard
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Sound
Industry Standard
Top 60% of lenders
Refinance
Strong
Highly Competitive
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Sound
Industry Standard
Top 60% of lenders
Regional3 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Sound
Strong
Strong
35994.7%
+0.155%Above
$328Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Sound
Strong
Strong
26971.0%
+0.177%Above
$289Fees
Refinance
Strong
Strong
Sound
Strong
11029.0%
+0.101%Above
$446Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
379
Applications
453
Volume
$142 million
Pricing & Closing
Avg Rate Spread
+0.154%
vs. market APOR
Avg Net Fees
$337
Origination − Credits
Pullthrough Rate
83.7%
Applications → Closed
Typical Borrower
Avg Loan Amount
$377,005
Avg Borrower Income
$170,377
Avg Property Value
$591,649

Geographic Coverage

Geographic Performance

Metro Areas
2
States Served
4
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

AZILTXWI

Top Metro Areas by Place Specialization Score

1
Milwaukee, WIMSA
Volume: 313Mix: 82.59%of portfolio
Place
Exceptional
2
Racine, WIMSA
Volume: 10Mix: 2.64%of portfolio
Place
Sound

Top States by Place Specialization Score

1
WIState
Volume: 374Mix: 98.68%of portfolio
Place
Exceptional

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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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.