Appleton, WI Metro Area Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 10,062 mortgage applications in Appleton, WI metro area totaling $1.4 billion, down 33% from 2013. The average application was for $135,502, and applicants reported an average income of $74,000. 68% of applications resulted in an originated loan and 12% were denied. The most active lender was Community First Credit Union, with 1,808 applications, followed by Fox Communities Credit Union and Wells Fargo Bank NA.

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Total Number of Mortgage Applications 10,062
Total Mortgage Loan Application Amount $1,363,423,000
Average Mortgage Loan Application Amount $135,502
Highest Mortgage Loan Application Amount $22,200,000
Average Applicant Income $74,000
Highest Applicant Income $8,467,000
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Top Mortgage Lenders in Appleton, WI Metro Area (2014)

Ranked by the number of mortgage applications each lender reported in Appleton, WI metro area in 2014.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Community First Credit Union
Neenah, WI
1,808 $191,224,000 $105,000 $81,000
2 Fox Communities Credit Union
Appleton, WI
752 $73,781,000 $98,000 $75,000
3 Wells Fargo Bank NA
Minneapolis, MN
723 $97,487,000 $134,000 $75,000
4 Associated Bank NA
Green Bay, WI
533 $83,342,000 $156,000 $73,000
5 Capital Credit Union
Green Bay, WI
425 $45,054,000 $106,000 $78,000
6 BMO Harris Bank NA
Chicago, IL
286 $35,432,000 $123,000 $89,000
7 US Bank, N.A.
Cincinnati, OH
223 $39,943,000 $179,000 $85,000
8 East Wisconsin Savings Bank
Kaukauna, WI
215 $27,408,000 $127,000 $98,000
9 JPMorgan Chase Bank, NA
Columbus, OH
215 $30,337,000 $141,000 $39,000
10 Johnson Bank
Racine, WI
200 $46,438,000 $232,000 $140,000

See every lender active in Appleton, WI metro area in 2014 »

The tables below break down 2014 mortgage applications in Appleton, WI metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Appleton, WI in 2014

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 4,886 $638,211,000 $130,000 $4,886,000 $75,000 $8,467,000
Home Purchase 4,390 $681,100,000 $155,000 $22,200,000 $72,000 $2,127,000
Home Improvement 786 $44,112,000 $56,000 $2,000,000 $80,000 $559,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 8,448 $1,069,473,000 $126,000 $1,380,000 $80,000 $8,467,000
Not applicable 710 $181,037,000 $254,000 $22,200,000 $9,000 $558,000
Not Provided 485 $62,695,000 $129,000 $760,000 $75,000 $660,000
Asian 169 $22,053,000 $130,000 $585,000 $70,000 $469,000
Hispanic 145 $16,435,000 $113,000 $722,000 $68,000 $911,000
American Indian or Alaskan Native 61 $6,553,000 $107,000 $417,000 $65,000 $586,000
Black or African American 35 $4,379,000 $125,000 $270,000 $99,000 $461,000
Native Hawaiian or Other Pacific Islander 9 $798,000 $88,000 $207,000 $86,000 $144,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 8,204 $1,118,871,000 $136,000 $22,200,000 $81,000 $8,467,000
FHA-insured (Federal Housing Administration) 1,147 $139,331,000 $121,000 $301,000 $42,000 $517,000
VA-guaranteed (Veterans Administration) 524 $83,422,000 $159,000 $470,000 $49,000 $201,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 187 $21,799,000 $116,000 $226,000 $33,000 $124,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 6,812 $917,918,000 $134,000 $22,200,000 $81,000 $2,127,000
Application Denied By Financial Institution 1,164 $139,024,000 $119,000 $985,000 $70,000 $8,467,000
Application Withdrawn By Applicant 887 $115,678,000 $130,000 $805,000 $75,000 $911,000
Loan Purchased By The Institution 861 $146,171,000 $169,000 $9,300,000 $26,000 $517,000
File Closed For Incompleteness 171 $24,115,000 $141,000 $898,000 $55,000 $170,000
Application Approved But Not Accepted 166 $20,422,000 $123,000 $537,000 $82,000 $805,000
Preapproval Denied by Financial Institution 1 $95,000 $95,000 $95,000 $14,000 $14,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 317 $32,310,000 $101,000 $400,000 $60,000 $248,000
Debt-To-Income Ratio 252 $29,756,000 $118,000 $570,000 $51,000 $324,000
Collateral 210 $27,735,000 $132,000 $688,000 $121,000 $8,467,000
Other 62 $6,919,000 $111,000 $729,000 $98,000 $2,230,000
Credit Application Incomplete 54 $7,567,000 $140,000 $399,000 $71,000 $300,000
Insufficient Cash (Downpayment, Closing Cost) 21 $2,763,000 $131,000 $540,000 $53,000 $527,000
Unverifiable Information 17 $1,800,000 $105,000 $174,000 $65,000 $196,000
Employment History 6 $984,000 $164,000 $238,000 $58,000 $96,000
Mortgage Insurance Denied 3 $358,000 $119,000 $171,000 $53,000 $74,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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