A+ Mortgage Services, Inc. Mortgage Lending & HMDA Data, 2023

In 2023, A+ Mortgage Services, Inc. of Muskego, WI reported 545 mortgage applications totaling $164.4 million, down 36% from 2022. The average application was for $301,605, and applicants reported an average income of $142,988. 95% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (410), Madison, WI (32) and Racine, WI (21) (applications in parentheses).

Mortgage Company & Address A+ Mortgage Services, Inc.
W188s7820 Racine Ave Suite 100
Muskego, WI 53150
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  
Total Number of Mortgage Applications 545
Total Mortgage Loan Application Amount $164,375,000
Average Mortgage Loan Application Amount $301,605
Highest Mortgage Loan Application Amount $725,000
Average Applicant Income $142,988
Highest Applicant Income $830,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records A+ Mortgage Services, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for A+ Mortgage Services, Inc. in 2023

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 522 $158,100,000 $302,000 $725,000 $142,000 $830,000
Refinancing 12 $3,550,000 $295,000 $645,000 $186,000 $572,000
Cash-out Refinancing 11 $2,725,000 $247,000 $635,000 $143,000 $268,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0

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 449 $137,875,000 $307,000 $725,000 $145,000 $830,000
Not Provided 44 $13,460,000 $305,000 $585,000 $147,000 $425,000
Hispanic 21 $5,405,000 $257,000 $435,000 $129,000 $236,000
Asian 15 $4,105,000 $273,000 $495,000 $123,000 $297,000
Black or African American 11 $2,325,000 $211,000 $395,000 $106,000 $262,000
Native Hawaiian or Other Pacific Islander 1 $155,000 $155,000 $155,000 $70,000 $70,000
American Indian or Alaskan Native 1 $205,000 $205,000 $205,000 $54,000 $54,000
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) 505 $152,315,000 $301,000 $725,000 $146,000 $830,000
FHA-insured (Federal Housing Administration) 25 $6,705,000 $268,000 $465,000 $91,000 $228,000
VA-guaranteed (Veterans Administration) 14 $5,140,000 $367,000 $665,000 $110,000 $247,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $215,000 $215,000 $215,000 $80,000 $80,000

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 520 $158,580,000 $304,000 $725,000 $144,000 $830,000
Application Withdrawn By Applicant 19 $4,345,000 $228,000 $465,000 $112,000 $233,000
Application Denied By Financial Institution 6 $1,450,000 $241,000 $385,000 $99,000 $200,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
Not applicable 539 $162,925,000 $302,000 $725,000 $143,000 $830,000
Other 3 $575,000 $191,000 $275,000 $82,000 $88,000
Unverifiable Information 1 $385,000 $385,000 $385,000 $200,000 $200,000
Collateral 1 $275,000 $275,000 $275,000 $70,000 $70,000
Debt-To-Income Ratio 1 $215,000 $215,000 $215,000 $79,000 $79,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into A+ Mortgage Services, Inc.'s 2023 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+ Mortgage Services, Inc.'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.

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