Aim Credit Union Mortgage Lending & HMDA Data, 2017

In 2017, Aim Credit Union of Dubuque, IA reported 92 mortgage applications totaling $10.6 million, down 14% from 2016. The average application was for $114,706, and applicants reported an average income of $88,902. 87% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Dubuque, IA (24), Cedar Rapids, IA (16) and Madison, WI (3) (applications in parentheses).

Mortgage Company & Address Aim Credit Union
1200 Associates Dr Ste 102
Dubuque, IA 52002
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  2003  
Total Number of Mortgage Applications 92
Total Mortgage Loan Application Amount $10,553,000
Average Mortgage Loan Application Amount $114,706
Highest Mortgage Loan Application Amount $424,000
Average Applicant Income $88,902
Highest Applicant Income $287,000

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Act (HMDA) records Aim Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Aim Credit Union by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Dubuque, Iowa 24 $ 2,490,000 $ 103,750 $ 82,000
Linn, Iowa 14 $ 2,022,000 $ 144,428 $ 125,000
Des Moines, Iowa 7 $ 566,000 $ 80,857 $ 51,000
Jo Daviess, Illinois 5 $ 410,000 $ 82,000 $ 54,000
Fayette, Iowa 4 $ 291,000 $ 72,750 $ 59,000
Lee, Iowa 3 $ 252,000 $ 84,000 $ 68,000
Dane, Wisconsin 3 $ 432,000 $ 144,000 $ 85,000
Appanoose, Iowa 2 $ 52,000 $ 26,000 $ 114,000
Cerro Gordo, Iowa 2 $ 359,000 $ 179,500 $ 151,000
Johnson, Iowa 2 $ 318,000 $ 159,000 $ 114,000
Wapello, Iowa 2 $ 327,000 $ 163,500 $ 82,000
Grant, Wisconsin 2 $ 282,000 $ 141,000 $ 78,000
Carroll, Illinois 1 $ 62,000 $ 62,000 $ 51,000
Allamakee, Iowa 1 $ 180,000 $ 180,000 $ 82,000
Benton, Iowa 1 $ 160,000 $ 160,000 $ 59,000
Boone, Iowa 1 $ 50,000 $ 50,000 $ 80,000
Buchanan, Iowa 1 $ 36,000 $ 36,000 $ 112,000
Buena Vista, Iowa 1 $ 88,000 $ 88,000 $ 85,000
Cedar, Iowa 1 $ 20,000 $ 20,000 $ 164,000
Clayton, Iowa 1 $ 184,000 $ 184,000 $ 73,000
Hardin, Iowa 1 $ 50,000 $ 50,000 $ 162,000
Jones, Iowa 1 $ 140,000 $ 140,000 $ 94,000
Madison, Iowa 1 $ 131,000 $ 131,000 $ 65,000
Marshall, Iowa 1 $ 150,000 $ 150,000 $ 118,000
Monroe, Iowa 1 $ 239,000 $ 239,000 $ 127,000
Polk, Iowa 1 $ 150,000 $ 150,000 $ 72,000
Scott, Iowa 1 $ 221,000 $ 221,000 $ 138,000
Winneshiek, Iowa 1 $ 120,000 $ 120,000 $ 136,000
Worth, Iowa 1 $ 160,000 $ 160,000 $ 113,000
Johnson, Kansas 1 $ 225,000 $ 225,000 $ 90,000
Stearns, Minnesota 1 $ 120,000 $ 120,000 $ 110,000
Oconto, Wisconsin 1 $ 65,000 $ 65,000 $ 70,000
Rock, Wisconsin 1 $ 161,000 $ 161,000 $ 44,000

Mortgage Loan Application Detail Totals for Aim Credit Union in 2017

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
Refinancing 63 $6,918,000 $109,000 $424,000 $93,000 $287,000
Home Purchase 29 $3,635,000 $125,000 $256,000 $80,000 $236,000
Home Improvement 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 79 $9,267,000 $117,000 $424,000 $87,000 $287,000
Not Provided 9 $867,000 $96,000 $184,000 $106,000 $162,000
Asian 2 $141,000 $70,000 $120,000 $52,000 $57,000
Black or African American 1 $139,000 $139,000 $139,000 $75,000 $75,000
Not applicable 1 $139,000 $139,000 $139,000 $136,000 $136,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
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) 92 $10,553,000 $114,000 $424,000 $89,000 $287,000
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 80 $9,095,000 $113,000 $424,000 $87,000 $236,000
Application Withdrawn By Applicant 8 $1,173,000 $146,000 $239,000 $103,000 $192,000
Application Denied By Financial Institution 3 $245,000 $81,000 $181,000 $115,000 $287,000
Preapproval Denied by Financial Institution 1 $40,000 $40,000 $40,000 $28,000 $28,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
Debt-To-Income Ratio 2 $70,000 $35,000 $40,000 $28,000 $28,000
Collateral 1 $181,000 $181,000 $181,000 $287,000 $287,000
Credit History 1 $34,000 $34,000 $34,000 $30,000 $30,000
Credit Application Incomplete 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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Aim Credit Union's 2017 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 Aim 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.
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