Get & compare mortgage quotes anonymously Start in My Home
BNG

The Bank of New Glarus

BankNew Glarus, WIHQDirectReviews near you on Google

The Bank of New Glarus has 336 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Strong
4/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Strong
4/5
Conventional
Place
Strong
4/5
Multi-Region · 2 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Safe Rate Awards
Conventional Superstar
Conventional
Superstar
Purchase Superstar
Purchase
Superstar
Refinance Superstar
Refinance
Superstar

Safe Rate Summary

What They Do Well

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

Explore another lender or local market

Report Card

The Bank of New Glarus performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
+29.6 bps above market avg
4/5
Pull Through
Closing strength
Strong
Top 40% of lenders
4/5
By Loan Product· Specialization by type
Conventional
327 loans · 0.30% above market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
250 loans · 0.32% above market
Sound
Top 60% of lenders
3/5
Refinance
86 loans · 0.23% above market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 3 markets
Strong
Top 40% of lenders
4/5

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Strong
Product
Strong
Pricing
Strong
Pull Through
Strong
Volume327
Mix97.3%
Spread
+0.302%Above
Fees
$558Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Strong
Product
Sound
Pricing
Strong
Pull Through
Strong
Volume250
Mix74.4%
Spread
+0.318%Above
Fees
$675Fees
Refinance
Overall
Strong
Product
Strong
Pricing
Strong
Pull Through
Exceptional
Volume86
Mix25.6%
Spread
+0.233%Above
Fees
$257Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
336
Applications
365
Volume
$102 million
Pricing & Closing
Avg Rate Spread
+0.296%
vs. market APOR
Avg Net Fees
$568
Origination − Credits
Pullthrough Rate
92.1%
Applications → Closed
Typical Borrower
Avg Loan Amount
$305,446
Avg Borrower Income
$149,324
Avg Property Value
$417,589

Geographic Coverage

Geographic Performance

Metro Areas
2
markets with activity
States Served
7
of 50 states + DC
Avg Place Specialization
Strong
4/5

States with Loan Originations

7Full-year 2024 · HMDA
7 states with loan originations
Loans originated
< 1010+None
Midwest5
ILINMNOHWI
South2
GATN

Top Metro Areas by Place Specialization Score

Volume 240Mix 71.43% of portfolio
83/100
Exceptional
Volume 21Mix 6.25% of portfolio
58/100
Sound

Top States by Place Specialization Score

Wisconsin
Wisconsin
1
WisconsinState
Volume 319Mix 94.94% of portfolio
81/100
Exceptional
Illinois
Illinois
2
IllinoisState
Volume 11Mix 3.27% of portfolio
40/100
Acceptable

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts
Pricing
How competitively a lender prices vs. the market benchmark (20%).
10/ 50 pts
Product
Performance on your specific loan type (20%).
10/ 50 pts
Pull Through
How reliably a lender closes the loans it starts (20%).
10/ 50 pts
Place
Depth of a lender's expertise in your local market (20%).
10/ 50 pts
Promptness
How quickly a lender answers real quote requests — blended in once they respond (20%).
Champion
Champion(80%+ = 40-50 points)
Superstar
Superstar(60-79% = 30-39 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.

Looking for a different lender?

Are you the owner of The Bank of New Glarus?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile
The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
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.