Compeer Financial Mortgage Lending & HMDA Data, 2023

In 2023, Compeer Financial of Sun Prairie, WI reported 1,553 mortgage applications totaling $441.0 million, down 14% from 2022. The average application was for $283,963, and applicants reported an average income of $148,245. 53% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Minneapolis-St. Paul-Bloomington, MN-WI (110), Rochester, MN (58) and Duluth, MN-WI (56) (applications in parentheses).

Mortgage Company & Address Compeer Financial
2600 Jenny Wren Trail
Sun Prairie, WI 53590
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 1,553
Total Mortgage Loan Application Amount $440,995,000
Average Mortgage Loan Application Amount $283,963
Highest Mortgage Loan Application Amount $2,535,000
Average Applicant Income $148,245
Highest Applicant Income $4,851,000

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Act (HMDA) records Compeer Financial filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Compeer Financial by Metropolitan Area in 2023

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Outside any metro area 921 $ 233,885,000 $ 253,946 $ 135,952
Minneapolis-St. Paul-Bloomington, MN-WI 110 $ 40,730,000 $ 370,272 $ 227,345
Rochester, MN 58 $ 16,120,000 $ 277,931 $ 135,000
Duluth, MN-WI 56 $ 14,030,000 $ 250,535 $ 142,571
Madison, WI 38 $ 8,570,000 $ 225,526 $ 117,000
Fond Du Lac, WI 36 $ 7,320,000 $ 203,333 $ 125,000
St. Cloud, MN 35 $ 10,165,000 $ 290,428 $ 122,000
Peoria, IL 30 $ 7,550,000 $ 251,666 $ 164,000
Eau Claire, WI 27 $ 6,355,000 $ 235,370 $ 211,000
Davenport-Moline-Rock Island, IA-IL 25 $ 6,455,000 $ 258,200 $ 181,000
Mankato-North Mankato, MN 23 $ 6,285,000 $ 273,260 $ 170,000
Milwaukee-Waukesha-West Allis, WI 19 $ 7,285,000 $ 383,421 $ 180,000
Chicago-Naperville, IL 18 $ 6,010,000 $ 333,888 $ 303,000
Elgin, IL 17 $ 4,585,000 $ 269,705 $ 170,000
Lake County-Kenosha County, IL-WI 11 $ 2,695,000 $ 245,000 $ 162,909
Sheboygan, WI 11 $ 2,185,000 $ 198,636 $ 114,000
Oshkosh-Neenah, WI 10 $ 2,480,000 $ 248,000 $ 113,000
Rockford, IL 10 $ 2,600,000 $ 260,000 $ 111,000
Appleton, WI 7 $ 1,465,000 $ 209,285 $ 190,000
Janesville-Beloit, WI 7 $ 2,225,000 $ 317,857 $ 155,000
Kankakee, IL 6 $ 720,000 $ 120,000 $ 149,000
Racine, WI 6 $ 2,820,000 $ 470,000 $ 169,000
Bloomington, IL 5 $ 1,125,000 $ 225,000 $ 125,000
La Crosse-Onalaska, WI-MN 5 $ 915,000 $ 183,000 $ 133,800
Fort Worth-Arlington, TX 4 $ 3,700,000 $ 925,000 $ 0
Fresno, CA 3 $ 1,795,000 $ 598,333 $ 0
Portland-Vancouver-Hillsboro, OR-WA 3 $ 4,195,000 $ 1,398,333 $ 0
Bend-Redmond, OR 2 $ 2,440,000 $ 1,220,000 $ 0
Cape Coral-Fort Myers, FL 2 $ 1,060,000 $ 530,000 $ 824,000
Dallas-Plano-Irving, TX 2 $ 1,440,000 $ 720,000 $ 0
Ocala, FL 2 $ 2,220,000 $ 1,110,000 $ 0
San Diego-Carlsbad, CA 2 $ 2,760,000 $ 1,380,000 $ 0
Sherman-Denison, TX 2 $ 2,550,000 $ 1,275,000 $ 0
Tucson, AZ 2 $ 510,000 $ 255,000 $ 111,000
Wausau, WI 2 $ 600,000 $ 300,000 $ 240,000
Albany, OR 1 $ 1,045,000 $ 1,045,000 $ 222,000
Austin-Round Rock, TX 1 $ 655,000 $ 655,000 $ 0
Bismarck, ND 1 $ 475,000 $ 475,000 $ 105,000
Cape Girardeau, MO-IL 1 $ 635,000 $ 635,000 $ 187,000
Denver-Aurora-Lakewood, CO 1 $ 725,000 $ 725,000 $ 332,000
Des Moines-West Des Moines, IA 1 $ 35,000 $ 35,000 $ 47,000
Fort Collins, CO 1 $ 715,000 $ 715,000 $ 0
Grand Forks, ND-MN 1 $ 385,000 $ 385,000 $ 127,000
Green Bay, WI 1 $ 195,000 $ 195,000 $ 370,000
Kansas City, MO-KS 1 $ 1,585,000 $ 1,585,000 $ 0
Lafayette-West Lafayette, IN 1 $ 165,000 $ 165,000 $ 139,000
Louisville/Jefferson County, KY-IN 1 $ 785,000 $ 785,000 $ 0
Lubbock, TX 1 $ 75,000 $ 75,000 $ 94,000
Medford, OR 1 $ 335,000 $ 335,000 $ 0
Merced, CA 1 $ 1,125,000 $ 1,125,000 $ 0
Michigan City-La Porte, IN 1 $ 105,000 $ 105,000 $ 71,000
Midland, TX 1 $ 15,000 $ 15,000 $ 57,000
Modesto, CA 1 $ 665,000 $ 665,000 $ 0
Napa, CA 1 $ 305,000 $ 305,000 $ 124,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 395,000 $ 395,000 $ 0
Ogden-Clearfield, UT 1 $ 65,000 $ 65,000 $ 70,000
Oxnard-Thousand Oaks-Ventura, CA 1 $ 2,535,000 $ 2,535,000 $ 0
Riverside-San Bernardino-Ontario, CA 1 $ 1,155,000 $ 1,155,000 $ 0
Sacramento--Roseville--Arden-Arcade, CA 1 $ 1,255,000 $ 1,255,000 $ 0
San Luis Obispo-Paso Robles-Arroyo Grande, CA 1 $ 805,000 $ 805,000 $ 0
Santa Maria-Santa Barbara, CA 1 $ 1,615,000 $ 1,615,000 $ 0
Seattle-Bellevue-Everett, WA 1 $ 705,000 $ 705,000 $ 0
Sioux Falls, SD 1 $ 205,000 $ 205,000 $ 98,000
Spokane-Spokane Valley, WA 1 $ 485,000 $ 485,000 $ 0
Springfield, MO 1 $ 345,000 $ 345,000 $ 0
Stockton-Lodi, CA 1 $ 995,000 $ 995,000 $ 0
Tulsa, OK 1 $ 455,000 $ 455,000 $ 126,000
Twin Falls, ID 1 $ 535,000 $ 535,000 $ 0
Vallejo-Fairfield, CA 1 $ 305,000 $ 305,000 $ 0
Visalia-Porterville, CA 1 $ 805,000 $ 805,000 $ 0
Worcester, MA-CT 1 $ 465,000 $ 465,000 $ 0

Mortgage Loan Application Detail Totals for Compeer Financial 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 1,154 $364,880,000 $316,000 $2,535,000 $153,000 $4,851,000
Home Improvement 170 $20,390,000 $119,000 $755,000 $143,000 $1,365,000
Cash-out Refinancing 91 $27,035,000 $297,000 $2,005,000 $117,000 $457,000
Other Purpose 86 $11,400,000 $132,000 $805,000 $151,000 $1,397,000
Refinancing 52 $17,290,000 $332,000 $1,995,000 $110,000 $560,000
Not Applicable 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 1,391 $360,565,000 $259,000 $2,205,000 $147,000 $4,851,000
Not applicable 62 $50,650,000 $816,000 $2,535,000 $0 $0
Not Provided 56 $17,920,000 $320,000 $1,405,000 $159,000 $571,000
Hispanic 24 $8,020,000 $334,000 $1,405,000 $261,000 $2,491,000
Asian 12 $2,730,000 $227,000 $525,000 $133,000 $207,000
American Indian or Alaskan Native 6 $820,000 $136,000 $365,000 $110,000 $188,000
Black or African American 1 $205,000 $205,000 $205,000 $56,000 $56,000
Native Hawaiian or Other Pacific Islander 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) 1,553 $440,995,000 $283,000 $2,535,000 $149,000 $4,851,000
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 824 $193,620,000 $234,000 $1,985,000 $162,000 $4,851,000
Application Approved But Not Accepted 231 $76,305,000 $330,000 $2,205,000 $162,000 $2,491,000
Preapproval Approved but not Accepted 160 $47,930,000 $299,000 $1,045,000 $130,000 $1,099,000
Application Denied By Financial Institution 153 $41,105,000 $268,000 $1,255,000 $94,000 $571,000
Application Withdrawn By Applicant 92 $21,240,000 $230,000 $1,205,000 $129,000 $947,000
Loan Purchased By The Institution 62 $50,650,000 $816,000 $2,535,000 $0 $0
Preapproval Denied by Financial Institution 18 $3,680,000 $204,000 $505,000 $50,000 $108,000
File Closed For Incompleteness 13 $6,465,000 $497,000 $1,405,000 $197,000 $791,000

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 1,382 $396,210,000 $286,000 $2,535,000 $156,000 $4,851,000
Debt-To-Income Ratio 99 $31,935,000 $322,000 $1,255,000 $80,000 $571,000
Credit History 42 $7,310,000 $174,000 $715,000 $106,000 $354,000
Collateral 23 $3,825,000 $166,000 $705,000 $90,000 $250,000
Other 5 $1,075,000 $215,000 $315,000 $117,000 $178,000
Insufficient Cash (Downpayment, Closing Cost) 2 $640,000 $320,000 $395,000 $103,000 $130,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Compeer Financial'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 Compeer Financial'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.
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