A-B Credit Union Mortgage Lending & HMDA Data, 2004
In 2004, A-B Credit Union of Milwaukee, WI reported 91 mortgage applications totaling $5.5 million, up 54% from 2003. The average application was for $59,912, and applicants reported an average income of $58,989. 81% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (84), Racine, WI (4) and Fond Du Lac, WI (1) (applications in parentheses).
| Mortgage Company & Address | A-B Credit Union 225 W Greenfield Ave Milwaukee, WI 53204 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 91 |
| Total Mortgage Loan Application Amount | $5,452,000 |
| Average Mortgage Loan Application Amount | $59,912 |
| Highest Mortgage Loan Application Amount | $300,000 |
| Average Applicant Income | $58,989 |
| Highest Applicant Income | $166,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records A-B Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Milwaukee-Waukesha-West Allis, WI | 84 | $ 5,050,000 | $ 60,119 | $ 58,000 |
| Racine, WI | 4 | $ 315,000 | $ 78,750 | $ 38,000 |
| Fond Du Lac, WI | 1 | $ 44,000 | $ 44,000 | $ 39,000 |
| Green Bay, WI | 1 | $ 18,000 | $ 18,000 | $ 85,000 |
Mortgage Loan Application Detail Totals for A-B Credit Union in 2004
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 Improvement | 39 | $968,000 | $24,000 | $100,000 | $66,000 | $132,000 |
| Refinancing | 27 | $1,931,000 | $71,000 | $182,000 | $47,000 | $97,000 |
| Home Purchase | 25 | $2,553,000 | $102,000 | $300,000 | $61,000 | $166,000 |
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 | 65 | $3,325,000 | $51,000 | $300,000 | $64,000 | $166,000 |
| Hispanic | 10 | $787,000 | $78,000 | $160,000 | $62,000 | $118,000 |
| Not Provided | 8 | $707,000 | $88,000 | $118,000 | $39,000 | $52,000 |
| Black or African American | 6 | $496,000 | $82,000 | $182,000 | $48,000 | $84,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $35,000 | $35,000 | $35,000 | $25,000 | $25,000 |
| Asian | 1 | $102,000 | $102,000 | $102,000 | $41,000 | $41,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 91 | $5,452,000 | $59,000 | $300,000 | $58,000 | $166,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 74 | $4,167,000 | $56,000 | $300,000 | $62,000 | $166,000 |
| Application Denied By Financial Institution | 8 | $642,000 | $80,000 | $125,000 | $41,000 | $56,000 |
| Application Withdrawn By Applicant | 7 | $491,000 | $70,000 | $145,000 | $63,000 | $125,000 |
| File Closed For Incompleteness | 2 | $152,000 | $76,000 | $118,000 | $34,000 | $47,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 3 | $244,000 | $81,000 | $125,000 | $43,000 | $52,000 |
| Other | 3 | $298,000 | $99,000 | $105,000 | $40,000 | $41,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $65,000 | $65,000 | $65,000 | $25,000 | $25,000 |
| Credit Application Incomplete | 1 | $35,000 | $35,000 | $35,000 | $56,000 | $56,000 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into A-B Credit Union's 2004 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess A-B Credit Union's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Wisconsin, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About