Grant County, WI Mortgage Lenders & HMDA Data, 2018

In 2018, lenders reported 1,401 mortgage applications in Grant County, WI totaling $162.4 million, up 17% from 2017. The average application was for $115,000, and applicants reported an average income of $78,000. 65% of applications resulted in an originated loan and 15% were denied. The most active lender was Dupaco Community Credit Union, with 315 applications, followed by Old National Bank and Heartland Credit Union.

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Total Number of Mortgage Applications 1,401
Total Mortgage Loan Application Amount $162,355,000
Average Mortgage Loan Application Amount $115,000
Highest Mortgage Loan Application Amount $11,805,000
Average Applicant Income $78,000
Highest Applicant Income $815,000
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Top Mortgage Lenders in Grant County, WI (2018)

Ranked by the number of mortgage applications each lender reported in Grant County, WI in 2018.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Dupaco Community Credit Union
Dubuque, IA
315 $26,935,000 $85,000 $78,000
2 Old National Bank
Evansville, IN
113 $8,675,000 $76,000 $82,000
3 Heartland Credit Union
Madison, WI
93 $9,195,000 $98,000 $80,000
4 Royal Bank
Elroy, WI
91 $8,465,000 $93,000 $65,000
5 Mound City Bank
Platteville, WI
85 $12,125,000 $142,000 $85,000
6 American Trust & Savings Bank
Dubuque, IA
51 $6,685,000 $131,000 $67,000
7 BMO Harris Bank NA
Chicago, IL
32 $2,680,000 $83,000 $69,000
8 Dubuque Bank and Trust Company
Dubuque, IA
31 $5,005,000 $161,000 $80,000
9 Fidelity Bank & Trust
Dubuque, IA
27 $2,805,000 $103,000 $246,000
10 Associated Bank NA
Green Bay, WI
27 $2,615,000 $96,000 $78,000

See every lender active in Grant County, WI in 2018 »

The tables below break down 2018 mortgage applications in Grant 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 Grant County, WI in 2018

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
Home Purchase 638 $83,300,000 $130,000 $665,000 $76,000 $815,000
Refinancing 352 $47,240,000 $134,000 $11,805,000 $82,000 $465,000
Cash-out Refinancing 166 $19,410,000 $116,000 $715,000 $64,000 $535,000
Other Purpose 149 $7,785,000 $52,000 $645,000 $84,000 $455,000
Home Improvement 90 $4,040,000 $44,000 $465,000 $87,000 $610,000
Not Applicable 6 $580,000 $96,000 $175,000 $61,000 $76,000

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 1,180 $125,070,000 $105,000 $715,000 $78,000 $815,000
Not Provided 117 $10,865,000 $92,000 $355,000 $77,000 $455,000
Not applicable 70 $22,340,000 $319,000 $11,805,000 $162,000 $577,000
Asian 11 $1,665,000 $151,000 $315,000 $85,000 $174,000
Black or African American 10 $1,260,000 $126,000 $255,000 $78,000 $154,000
Hispanic 6 $370,000 $61,000 $125,000 $59,000 $122,000
Native Hawaiian or Other Pacific Islander 2 $160,000 $80,000 $105,000 $15,000 $15,000
American Indian or Alaskan Native 2 $140,000 $70,000 $75,000 $63,000 $68,000

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) 1,170 $133,930,000 $114,000 $11,805,000 $82,000 $815,000
FHA-insured (Federal Housing Administration) 105 $11,475,000 $109,000 $225,000 $52,000 $123,000
VA-guaranteed (Veterans Administration) 65 $9,605,000 $147,000 $355,000 $59,000 $192,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 61 $7,345,000 $120,000 $335,000 $48,000 $94,000

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 908 $108,960,000 $120,000 $11,805,000 $82,000 $610,000
Application Denied By Financial Institution 212 $20,950,000 $98,000 $475,000 $60,000 $455,000
Application Withdrawn By Applicant 127 $13,475,000 $106,000 $355,000 $67,000 $309,000
Application Approved But Not Accepted 73 $7,805,000 $106,000 $345,000 $76,000 $456,000
Loan Purchased By The Institution 51 $6,695,000 $131,000 $355,000 $89,000 $577,000
File Closed For Incompleteness 29 $4,065,000 $140,000 $425,000 $102,000 $815,000
Preapproval Denied by Financial Institution 1 $405,000 $405,000 $405,000 $80,000 $80,000
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
Not applicable 1,150 $136,540,000 $118,000 $11,805,000 $81,000 $815,000
Debt-To-Income Ratio 113 $12,485,000 $110,000 $455,000 $57,000 $232,000
Credit History 65 $5,135,000 $79,000 $475,000 $64,000 $455,000
Collateral 25 $2,325,000 $93,000 $335,000 $69,000 $157,000
Credit Application Incomplete 17 $2,185,000 $128,000 $365,000 $69,000 $176,000
Other 16 $1,520,000 $95,000 $225,000 $77,000 $149,000
Insufficient Cash (Downpayment, Closing Cost) 10 $1,340,000 $134,000 $405,000 $59,000 $100,000
Unverifiable Information 3 $435,000 $145,000 $195,000 $62,000 $90,000
Employment History 2 $390,000 $195,000 $335,000 $44,000 $48,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

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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