Calumet County, WI Mortgage Lenders & HMDA Data, 2007

In 2007, lenders reported 3,846 mortgage applications in Calumet County, WI totaling $451.8 million, down 16% from 2006. The average application was for $117,000, and applicants reported an average income of $71,000. 55% of applications resulted in an originated loan and 14% were denied. The most active lender was Countrywide Home Loans, with 279 applications, followed by Community First Credit Union and Associated Bank, N.A..

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Total Number of Mortgage Applications 3,846
Total Mortgage Loan Application Amount $451,834,000
Average Mortgage Loan Application Amount $117,000
Highest Mortgage Loan Application Amount $3,840,000
Average Applicant Income $71,000
Highest Applicant Income $1,008,000
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Top Mortgage Lenders in Calumet County, WI (2007)

Ranked by the number of mortgage applications each lender reported in Calumet County, WI in 2007.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Countrywide Home Loans
Westlake Village, CA
279 $39,508,000 $141,000 $74,000
2 Community First Credit Union
Neenah, WI
268 $17,256,000 $64,000 $83,000
3 Associated Bank, N.A.
Green Bay, WI
225 $27,796,000 $123,000 $81,000
4 Countrywide Bank FSB
Westlake Village, CA
191 $26,064,000 $136,000 $77,000
5 Wells Fargo Bank, NA
Des Moines, IA
189 $24,890,000 $131,000 $78,000
6 Beneficial Company LLC
Mettawa, IL
153 $16,613,000 $108,000 $67,000
7 M&I Marshall & Ilsley Bank
Cedarburg, WI
145 $19,972,000 $137,000 $77,000
8 Best Advantage CU
Brillion, WI
130 $8,348,000 $64,000 $58,000
9 JPMorgan Chase Bank, NA
Columbus, OH
102 $13,665,000 $133,000 $65,000
10 Fox Communities Credit Union
Appleton, WI
87 $9,475,000 $108,000 $78,000

See every lender active in Calumet County, WI in 2007 »

The tables below break down 2007 mortgage applications in Calumet County, WI by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Calumet County, WI in 2007

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 2,303 $282,167,000 $122,000 $3,840,000 $70,000 $1,008,000
Home Purchase 1,131 $152,505,000 $134,000 $1,338,000 $73,000 $692,000
Home Improvement 412 $17,162,000 $41,000 $351,000 $73,000 $420,000

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 3,277 $374,292,000 $114,000 $850,000 $73,000 $1,008,000
Not applicable 208 $31,799,000 $152,000 $3,840,000 $40,000 $599,000
Not Provided 208 $28,440,000 $136,000 $1,338,000 $80,000 $635,000
Hispanic 74 $8,738,000 $118,000 $270,000 $62,000 $214,000
Asian 46 $4,442,000 $96,000 $241,000 $65,000 $127,000
Black or African American 16 $2,097,000 $131,000 $264,000 $77,000 $122,000
American Indian or Alaskan Native 14 $1,468,000 $104,000 $225,000 $95,000 $585,000
Native Hawaiian or Other Pacific Islander 3 $558,000 $186,000 $417,000 $217,000 $540,000

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) 3,638 $422,474,000 $116,000 $3,840,000 $72,000 $1,008,000
FHA-insured (Federal Housing Administration) 184 $26,033,000 $141,000 $244,000 $50,000 $166,000
VA-guaranteed (Veterans Administration) 13 $2,203,000 $169,000 $389,000 $57,000 $122,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 11 $1,124,000 $102,000 $149,000 $48,000 $70,000

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 2,104 $227,561,000 $108,000 $3,840,000 $74,000 $692,000
Loan Purchased By The Institution 622 $86,054,000 $138,000 $600,000 $63,000 $599,000
Application Denied By Financial Institution 547 $64,828,000 $118,000 $1,338,000 $69,000 $635,000
Application Withdrawn By Applicant 289 $38,053,000 $131,000 $1,338,000 $72,000 $1,008,000
Application Approved But Not Accepted 205 $24,826,000 $121,000 $351,000 $72,000 $420,000
File Closed For Incompleteness 79 $10,512,000 $133,000 $417,000 $71,000 $394,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 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 87 $9,045,000 $103,000 $813,000 $67,000 $240,000
Collateral 75 $9,124,000 $121,000 $1,338,000 $86,000 $635,000
Debt-To-Income Ratio 58 $6,507,000 $112,000 $400,000 $63,000 $500,000
Other 50 $6,925,000 $138,000 $413,000 $63,000 $228,000
Credit Application Incomplete 26 $3,241,000 $124,000 $323,000 $85,000 $375,000
Unverifiable Information 25 $3,241,000 $129,000 $298,000 $71,000 $248,000
Employment History 4 $761,000 $190,000 $600,000 $113,000 $300,000
Insufficient Cash (Downpayment, Closing Cost) 3 $559,000 $186,000 $250,000 $67,000 $75,000
Mortgage Insurance Denied 1 $170,000 $170,000 $170,000 $52,000 $52,000

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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