Compeer Financial Mortgage Lending & HMDA Data, 2024

In 2024, Compeer Financial of Sun Prairie, WI reported 2,041 mortgage applications totaling $588.5 million, up 31% from 2023. The average application was for $288,317, and applicants reported an average income of $155,365. 55% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Minneapolis-St. Paul-Bloomington, MN-WI (173), Madison, WI (79) and Rochester, MN (66) (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 2,041
Total Mortgage Loan Application Amount $588,455,000
Average Mortgage Loan Application Amount $288,317
Highest Mortgage Loan Application Amount $2,885,000
Average Applicant Income $155,365
Highest Applicant Income $9,406,000

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Act (HMDA) records Compeer Financial filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2024

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 1,160 $ 290,190,000 $ 250,163 $ 136,758
Minneapolis-St. Paul-Bloomington, MN-WI 173 $ 64,535,000 $ 373,034 $ 191,739
Madison, WI 79 $ 27,185,000 $ 344,113 $ 159,000
Rochester, MN 66 $ 18,960,000 $ 287,272 $ 161,000
Duluth, MN-WI 59 $ 12,475,000 $ 211,440 $ 150,966
Fond Du Lac, WI 44 $ 10,460,000 $ 237,727 $ 137,000
Mankato-North Mankato, MN 41 $ 11,515,000 $ 280,853 $ 149,000
Eau Claire, WI 37 $ 7,285,000 $ 196,891 $ 138,000
Peoria, IL 37 $ 9,795,000 $ 264,729 $ 192,000
Davenport-Moline-Rock Island, IA-IL 36 $ 6,020,000 $ 167,222 $ 172,250
La Crosse-Onalaska, WI-MN 32 $ 5,550,000 $ 173,437 $ 127,250
Elgin, IL 27 $ 6,425,000 $ 237,962 $ 160,000
St. Cloud, MN 26 $ 7,590,000 $ 291,923 $ 156,000
Chicago-Naperville, IL 22 $ 7,710,000 $ 350,454 $ 606,000
Milwaukee-Waukesha-West Allis, WI 21 $ 12,005,000 $ 571,666 $ 231,000
Sheboygan, WI 13 $ 5,735,000 $ 441,153 $ 165,000
Janesville-Beloit, WI 12 $ 3,950,000 $ 329,166 $ 95,000
Oshkosh-Neenah, WI 12 $ 3,620,000 $ 301,666 $ 160,000
Rockford, IL 12 $ 4,400,000 $ 366,666 $ 182,000
Sioux Falls, SD 11 $ 3,245,000 $ 295,000 $ 124,636
Racine, WI 10 $ 3,970,000 $ 397,000 $ 146,000
Bloomington, IL 9 $ 3,045,000 $ 338,333 $ 170,000
Kankakee, IL 7 $ 1,535,000 $ 219,285 $ 137,000
Champaign-Urbana, IL 4 $ 780,000 $ 195,000 $ 102,000
Dallas-Plano-Irving, TX 4 $ 4,170,000 $ 1,042,500 $ 608,000
Kenosha, WI 4 $ 1,270,000 $ 317,500 $ 193,000
Portland-Vancouver-Hillsboro, OR-WA 4 $ 4,440,000 $ 1,110,000 $ 0
Appleton, WI 3 $ 1,005,000 $ 335,000 $ 162,000
Des Moines-West Des Moines, IA 3 $ 1,665,000 $ 555,000 $ 249,000
Fresno, CA 3 $ 3,275,000 $ 1,091,666 $ 0
Kansas City, MO-KS 3 $ 585,000 $ 195,000 $ 90,000
Newark, NJ-PA 3 $ 1,955,000 $ 651,666 $ 0
San Antonio-New Braunfels, TX 3 $ 2,245,000 $ 748,333 $ 262,000
Bend-Redmond, OR 2 $ 1,500,000 $ 750,000 $ 0
Gainesville, FL 2 $ 1,500,000 $ 750,000 $ 0
Grand Rapids-Wyoming, MI 2 $ 230,000 $ 115,000 $ 68,000
Green Bay, WI 2 $ 800,000 $ 400,000 $ 158,000
Houston-The Woodlands-Sugar Land, TX 2 $ 1,140,000 $ 570,000 $ 565,000
Lake County-Kenosha County, IL-WI 2 $ 710,000 $ 355,000 $ 138,000
Modesto, CA 2 $ 1,380,000 $ 690,000 $ 0
Ocala, FL 2 $ 1,850,000 $ 925,000 $ 0
Phoenix-Mesa-Scottsdale, AZ 2 $ 580,000 $ 290,000 $ 860,000
St. Louis, MO-IL 2 $ 280,000 $ 140,000 $ 298,000
Stockton-Lodi, CA 2 $ 590,000 $ 295,000 $ 0
Albany, OR 1 $ 1,165,000 $ 1,165,000 $ 0
Allentown-Bethlehem-Easton, PA-NJ 1 $ 755,000 $ 755,000 $ 0
Atlanta-Sandy Springs-Roswell, GA 1 $ 1,145,000 $ 1,145,000 $ 0
Austin-Round Rock, TX 1 $ 1,405,000 $ 1,405,000 $ 0
Bakersfield, CA 1 $ 745,000 $ 745,000 $ 0
Boise City, ID 1 $ 155,000 $ 155,000 $ 0
Brownsville-Harlingen, TX 1 $ 345,000 $ 345,000 $ 161,000
Camden, NJ 1 $ 605,000 $ 605,000 $ 0
Cape Girardeau, MO-IL 1 $ 235,000 $ 235,000 $ 58,000
Charlotte-Concord-Gastonia, NC-SC 1 $ 1,205,000 $ 1,205,000 $ 0
Chico, CA 1 $ 935,000 $ 935,000 $ 0
Cincinnati, OH-KY-IN 1 $ 585,000 $ 585,000 $ 0
Columbus, OH 1 $ 285,000 $ 285,000 $ 0
Decatur, IL 1 $ 865,000 $ 865,000 $ 250,000
Evansville, IN-KY 1 $ 125,000 $ 125,000 $ 0
Fort Worth-Arlington, TX 1 $ 585,000 $ 585,000 $ 0
Hanford-Corcoran, CA 1 $ 625,000 $ 625,000 $ 0
Indianapolis-Carmel-Anderson, IN 1 $ 45,000 $ 45,000 $ 120,000
Killeen-Temple, TX 1 $ 1,685,000 $ 1,685,000 $ 0
Longview, TX 1 $ 105,000 $ 105,000 $ 155,000
Louisville/Jefferson County, KY-IN 1 $ 585,000 $ 585,000 $ 0
Medford, OR 1 $ 1,245,000 $ 1,245,000 $ 0
Merced, CA 1 $ 545,000 $ 545,000 $ 0
Michigan City-La Porte, IN 1 $ 1,435,000 $ 1,435,000 $ 375,000
Montgomery County-Bucks County-Chester County, PA 1 $ 1,545,000 $ 1,545,000 $ 0
Olympia-Tumwater, WA 1 $ 995,000 $ 995,000 $ 0
Orlando-Kissimmee-Sanford, FL 1 $ 935,000 $ 935,000 $ 0
Paducah, KY-IL 1 $ 55,000 $ 55,000 $ 24,000
Pocatello, ID 1 $ 185,000 $ 185,000 $ 0
Punta Gorda, FL 1 $ 285,000 $ 285,000 $ 179,000
Rapid City, SD 1 $ 255,000 $ 255,000 $ 356,000
Rockingham County-Strafford County, NH 1 $ 375,000 $ 375,000 $ 215,000
Sacramento--Roseville--Arden-Arcade, CA 1 $ 1,125,000 $ 1,125,000 $ 0
Salem, OR 1 $ 905,000 $ 905,000 $ 0
San Luis Obispo-Paso Robles-Arroyo Grande, CA 1 $ 1,705,000 $ 1,705,000 $ 0
Sherman-Denison, TX 1 $ 1,225,000 $ 1,225,000 $ 0
Visalia-Porterville, CA 1 $ 425,000 $ 425,000 $ 0
Washington-Baltimore-Arlington, DC 1 $ 1,425,000 $ 1,425,000 $ 0
York-Hanover, PA 1 $ 455,000 $ 455,000 $ 194,000

Mortgage Loan Application Detail Totals for Compeer Financial in 2024

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 1,537 $483,475,000 $314,000 $2,885,000 $159,000 $9,406,000
Home Improvement 202 $23,930,000 $118,000 $695,000 $142,000 $1,084,000
Cash-out Refinancing 158 $48,180,000 $304,000 $2,505,000 $145,000 $848,000
Other Purpose 107 $16,335,000 $152,000 $845,000 $158,000 $1,200,000
Refinancing 37 $16,535,000 $446,000 $1,725,000 $114,000 $279,000
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 1,838 $482,810,000 $262,000 $2,455,000 $148,000 $1,737,000
Not applicable 75 $59,935,000 $799,000 $2,005,000 $0 $0
Not Provided 62 $27,300,000 $440,000 $2,885,000 $388,000 $9,406,000
Hispanic 32 $7,470,000 $233,000 $655,000 $125,000 $450,000
Asian 20 $7,950,000 $397,000 $2,505,000 $188,000 $646,000
American Indian or Alaskan Native 7 $1,465,000 $209,000 $365,000 $75,000 $154,000
Black or African American 6 $1,420,000 $236,000 $375,000 $106,000 $191,000
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) 2,041 $588,455,000 $288,000 $2,885,000 $155,000 $9,406,000
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 1,119 $297,645,000 $265,000 $2,505,000 $175,000 $9,406,000
Application Approved But Not Accepted 283 $81,575,000 $288,000 $1,355,000 $142,000 $660,000
Application Denied By Financial Institution 207 $56,005,000 $270,000 $2,885,000 $121,000 $1,803,000
Preapproval Approved but not Accepted 183 $49,765,000 $271,000 $1,605,000 $131,000 $725,000
Application Withdrawn By Applicant 115 $30,155,000 $262,000 $2,005,000 $132,000 $452,000
Loan Purchased By The Institution 75 $59,935,000 $799,000 $2,005,000 $0 $0
Preapproval Denied by Financial Institution 35 $6,175,000 $176,000 $555,000 $60,000 $140,000
File Closed For Incompleteness 24 $7,200,000 $300,000 $765,000 $141,000 $482,000

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 1,799 $526,275,000 $292,000 $2,505,000 $161,000 $9,406,000
Debt-To-Income Ratio 137 $36,145,000 $263,000 $1,235,000 $85,000 $1,025,000
Credit History 63 $14,225,000 $225,000 $2,885,000 $125,000 $1,803,000
Collateral 31 $8,285,000 $267,000 $905,000 $178,000 $534,000
Other 10 $3,340,000 $334,000 $1,435,000 $177,000 $375,000
Credit Application Incomplete 1 $185,000 $185,000 $185,000 $86,000 $86,000
Unverifiable Information 0 $0 $0 $0 $0 $0
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Compeer Financial's 2024 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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