Altra Federal Credit Union Mortgage Lending & HMDA Data, 2017

In 2017, Altra Federal Credit Union of Onalaska, WI reported 2,531 mortgage applications totaling $371.5 million, down 10% from 2016. The average application was for $146,760, and applicants reported an average income of $90,150. 82% of its applications resulted in an originated loan and 8% were denied. Its largest markets were La Crosse-Onalaska, WI-MN (1,075), Tyler, TX (343) and Clarksville, TN-KY (154) (applications in parentheses).

Mortgage Company & Address Altra Federal Credit Union
1700 Oak Forest Drive
Onalaska, WI 54650
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 2,531
Total Mortgage Loan Application Amount $371,452,000
Average Mortgage Loan Application Amount $146,760
Highest Mortgage Loan Application Amount $4,675,000
Average Applicant Income $90,150
Highest Applicant Income $1,131,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Altra Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Altra Federal 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
La Crosse, Wisconsin 953 $ 144,826,000 $ 151,968 $ 88,000
Smith, Texas 343 $ 54,692,000 $ 159,451 $ 97,000
Winona, Minnesota 177 $ 23,305,000 $ 131,666 $ 71,000
Montgomery, Tennessee 148 $ 15,871,000 $ 107,236 $ 84,000
Houston, Minnesota 122 $ 17,755,000 $ 145,532 $ 83,000
Vernon, Wisconsin 68 $ 9,596,000 $ 141,117 $ 80,000
Olmsted, Minnesota 67 $ 11,802,000 $ 176,149 $ 158,000
Trempealeau, Wisconsin 60 $ 8,466,000 $ 141,100 $ 81,000
Monroe, Wisconsin 55 $ 7,945,000 $ 144,454 $ 68,000
Cherokee, Texas 26 $ 4,360,000 $ 167,692 $ 97,000
Jackson, Wisconsin 26 $ 3,349,000 $ 128,807 $ 75,000
Fillmore, Minnesota 25 $ 3,216,000 $ 128,640 $ 82,000
Hennepin, Minnesota 24 $ 5,268,000 $ 219,500 $ 128,000
Henderson, Texas 23 $ 2,794,000 $ 121,478 $ 69,000
Buffalo, Wisconsin 22 $ 1,962,000 $ 89,181 $ 68,000
Van Zandt, Texas 12 $ 669,000 $ 55,750 $ 85,000
Mercer, New Jersey 11 $ 746,000 $ 67,818 $ 85,000
Fayette, Kentucky 10 $ 702,000 $ 70,200 $ 67,000
Ramsey, Minnesota 8 $ 1,493,000 $ 186,625 $ 83,000
Washington, Minnesota 8 $ 1,632,000 $ 204,000 $ 90,000
Stewart, Tennessee 8 $ 562,000 $ 70,250 $ 78,000
Rusk, Texas 8 $ 531,000 $ 66,375 $ 71,000
Crawford, Wisconsin 8 $ 828,000 $ 103,500 $ 80,000
Allamakee, Iowa 7 $ 640,000 $ 91,428 $ 94,000
Dane, Wisconsin 7 $ 1,176,000 $ 168,000 $ 100,000
Sawyer, Wisconsin 7 $ 1,649,000 $ 235,571 $ 223,000
Wabasha, Minnesota 6 $ 849,000 $ 141,500 $ 57,000
Anderson, Texas 6 $ 820,000 $ 136,666 $ 117,000
Christian, Kentucky 5 $ 522,000 $ 104,400 $ 98,000
Wood, Texas 5 $ 476,000 $ 95,200 $ 75,000
Dunn, Wisconsin 5 $ 740,000 $ 148,000 $ 110,000
Rock, Wisconsin 5 $ 878,000 $ 175,600 $ 112,000
Waukesha, Wisconsin 5 $ 671,000 $ 134,200 $ 58,000
Pueblo, Colorado 4 $ 10,000 $ 2,500 $ 47,000
Bucks, Pennsylvania 4 $ 159,000 $ 39,750 $ 64,000
Robertson, Tennessee 4 $ 331,000 $ 82,750 $ 53,000
Denton, Texas 4 $ 912,000 $ 228,000 $ 217,000
Harris, Texas 4 $ 1,275,000 $ 318,750 $ 117,000
Rockwall, Texas 4 $ 616,000 $ 154,000 $ 116,000
Upshur, Texas 4 $ 185,000 $ 46,250 $ 82,000
Chippewa, Wisconsin 4 $ 546,000 $ 136,500 $ 76,000
Eau Claire, Wisconsin 4 $ 464,000 $ 116,000 $ 75,000
Wood, Wisconsin 4 $ 391,000 $ 97,750 $ 87,000
Sebastian, Arkansas 3 $ 150,000 $ 50,000 $ 111,000
Adams, Colorado 3 $ 615,000 $ 205,000 $ 72,000
Miami-Dade, Florida 3 $ 537,000 $ 179,000 $ 131,000
Montgomery, Georgia 3 $ 12,000 $ 4,000 $ 33,000
Dallas, Iowa 3 $ 316,000 $ 105,333 $ 99,000
Estill, Kentucky 3 $ 289,000 $ 96,333 $ 41,000
Anoka, Minnesota 3 $ 426,000 $ 142,000 $ 229,000
Dodge, Minnesota 3 $ 454,000 $ 151,333 $ 73,000
Goodhue, Minnesota 3 $ 4,873,000 $ 1,624,333 $ 46,000
Scott, Minnesota 3 $ 819,000 $ 273,000 $ 111,000
St. Louis, Minnesota 3 $ 586,000 $ 195,333 $ 124,000
Cheatham, Tennessee 3 $ 274,000 $ 91,333 $ 118,000
Dickson, Tennessee 3 $ 368,000 $ 122,666 $ 101,000
Henry, Tennessee 3 $ 613,000 $ 204,333 $ 246,000
Houston, Tennessee 3 $ 225,000 $ 75,000 $ 73,000
Dallas, Texas 3 $ 92,000 $ 30,666 $ 78,000
Tarrant, Texas 3 $ 557,000 $ 185,666 $ 172,000
Clark, Wisconsin 3 $ 428,000 $ 142,666 $ 72,000
Columbia, Wisconsin 3 $ 658,000 $ 219,333 $ 92,000
Fond du Lac, Wisconsin 3 $ 162,000 $ 54,000 $ 58,000
Juneau, Wisconsin 3 $ 195,000 $ 65,000 $ 57,000
Marathon, Wisconsin 3 $ 563,000 $ 187,666 $ 95,000
Polk, Wisconsin 3 $ 280,000 $ 93,333 $ 82,000
Collier, Florida 2 $ 514,000 $ 257,000 $ 129,000
Lake, Florida 2 $ 222,000 $ 111,000 $ 32,000
Lee, Florida 2 $ 398,000 $ 199,000 $ 277,000
Manatee, Florida 2 $ 645,000 $ 322,500 $ 227,000
Palm Beach, Florida 2 $ 910,000 $ 455,000 $ 251,000
Emanuel, Georgia 2 $ 25,000 $ 12,500 $ 43,000
Tattnall, Georgia 2 $ 6,000 $ 3,000 $ 29,000
Toombs, Georgia 2 $ 80,000 $ 40,000 $ 42,000
Bourbon, Kentucky 2 $ 62,000 $ 31,000 $ 45,000
Clark, Kentucky 2 $ 121,000 $ 60,500 $ 41,000
Lincoln, Kentucky 2 $ 110,000 $ 55,000 $ 40,000
Pulaski, Kentucky 2 $ 349,000 $ 174,500 $ 74,000
Scott, Kentucky 2 $ 454,000 $ 227,000 $ 141,000
Dakota, Minnesota 2 $ 351,000 $ 175,500 $ 200,000
Wright, Minnesota 2 $ 278,000 $ 139,000 $ 57,000
Gaston, North Carolina 2 $ 37,000 $ 18,500 $ 74,000
Hamilton, Ohio 2 $ 103,000 $ 51,500 $ 68,000
Oklahoma, Oklahoma 2 $ 373,000 $ 186,500 $ 144,000
Davidson, Tennessee 2 $ 566,000 $ 283,000 $ 130,000
Lawrence, Tennessee 2 $ 339,000 $ 169,500 $ 43,000
Travis, Texas 2 $ 848,000 $ 424,000 $ 123,000
Adams, Wisconsin 2 $ 300,000 $ 150,000 $ 138,000
Barron, Wisconsin 2 $ 414,000 $ 207,000 $ 152,000
Bayfield, Wisconsin 2 $ 517,000 $ 258,500 $ 82,000
Brown, Wisconsin 2 $ 220,000 $ 110,000 $ 143,000
Burnett, Wisconsin 2 $ 402,000 $ 201,000 $ 67,000
Grant, Wisconsin 2 $ 262,000 $ 131,000 $ 81,000
Green, Wisconsin 2 $ 416,000 $ 208,000 $ 89,000
Oneida, Wisconsin 2 $ 177,000 $ 88,500 $ 118,000
Pierce, Wisconsin 2 $ 1,006,000 $ 503,000 $ 303,000
Rusk, Wisconsin 2 $ 106,000 $ 53,000 $ 172,000
Sauk, Wisconsin 2 $ 198,000 $ 99,000 $ 103,000
Taylor, Wisconsin 2 $ 284,000 $ 142,000 $ 52,000
Washburn, Wisconsin 2 $ 333,000 $ 166,500 $ 133,000
Washington, Wisconsin 2 $ 479,000 $ 239,500 $ 175,000
Madison, Alabama 1 $ 63,000 $ 63,000 $ 197,000
Maricopa, Arizona 1 $ 8,000 $ 8,000 $ 107,000
Pima, Arizona 1 $ 146,000 $ 146,000 $ 125,000
Pulaski, Arkansas 1 $ 509,000 $ 509,000 $ 353,000
Saline, Arkansas 1 $ 109,000 $ 109,000 $ 53,000
Kern, California 1 $ 12,000 $ 12,000 $ 119,000
Los Angeles, California 1 $ 30,000 $ 30,000 $ 50,000
Douglas, Colorado 1 $ 363,000 $ 363,000 $ 163,000
Elbert, Colorado 1 $ 76,000 $ 76,000 $ 90,000
Grand, Colorado 1 $ 159,000 $ 159,000 $ 124,000
Marion, Florida 1 $ 139,000 $ 139,000 $ 80,000
Nassau, Florida 1 $ 218,000 $ 218,000 $ 147,000
Orange, Florida 1 $ 80,000 $ 80,000 $ 166,000
Osceola, Florida 1 $ 183,000 $ 183,000 $ 103,000
Bibb, Georgia 1 $ 2,000 $ 2,000 $ 49,000
Fayette, Georgia 1 $ 4,000 $ 4,000 $ 92,000
Wheeler, Georgia 1 $ 5,000 $ 5,000 $ 30,000
Cook, Illinois 1 $ 839,000 $ 839,000 $ 268,000
Marion, Indiana 1 $ 87,000 $ 87,000 $ 55,000
Polk, Iowa 1 $ 150,000 $ 150,000 $ 55,000
Fleming, Kentucky 1 $ 20,000 $ 20,000 $ 23,000
Floyd, Kentucky 1 $ 4,000 $ 4,000 $ 64,000
Garrard, Kentucky 1 $ 39,000 $ 39,000 $ 39,000
Jefferson, Kentucky 1 $ 244,000 $ 244,000 $ 108,000
Madison, Kentucky 1 $ 38,000 $ 38,000 $ 36,000
Shelby, Kentucky 1 $ 147,000 $ 147,000 $ 71,000
Trigg, Kentucky 1 $ 4,000 $ 4,000 $ 52,000
Washington, Kentucky 1 $ 35,000 $ 35,000 $ 48,000
Woodford, Kentucky 1 $ 92,000 $ 92,000 $ 97,000
West Baton Rouge, Louisiana 1 $ 84,000 $ 84,000 $ 103,000
Androscoggin, Maine 1 $ 95,000 $ 95,000 $ 56,000
Anne Arundel, Maryland 1 $ 45,000 $ 45,000 $ 182,000
Bristol, Massachusetts 1 $ 5,000 $ 5,000 $ 83,000
Washtenaw, Michigan 1 $ 80,000 $ 80,000 $ 90,000
Blue Earth, Minnesota 1 $ 313,000 $ 313,000 $ 175,000
Faribault, Minnesota 1 $ 70,000 $ 70,000 $ 129,000
Freeborn, Minnesota 1 $ 25,000 $ 25,000 $ 61,000
Grant, Minnesota 1 $ 102,000 $ 102,000 $ 36,000
Mower, Minnesota 1 $ 65,000 $ 65,000 $ 75,000
Otter Tail, Minnesota 1 $ 170,000 $ 170,000 $ 72,000
Rice, Minnesota 1 $ 175,000 $ 175,000 $ 37,000
Steele, Minnesota 1 $ 20,000 $ 20,000 $ 50,000
Jackson, Missouri 1 $ 81,000 $ 81,000 $ 150,000
Washoe, Nevada 1 $ 108,000 $ 108,000 $ 1,000
Burlington, New Jersey 1 $ 141,000 $ 141,000 $ 47,000
Oswego, New York 1 $ 29,000 $ 29,000 $ 90,000
Queens, New York 1 $ 5,000 $ 5,000 $ 48,000
Lincoln, North Carolina 1 $ 14,000 $ 14,000 $ 107,000
Seneca, Ohio 1 $ 14,000 $ 14,000 $ 39,000
Le Flore, Oklahoma 1 $ 252,000 $ 252,000 $ 93,000
Lackawanna, Pennsylvania 1 $ 113,000 $ 113,000 $ 95,000
Horry, South Carolina 1 $ 4,000 $ 4,000 $ 42,000
Lexington, South Carolina 1 $ 25,000 $ 25,000 $ 63,000
Carroll, Tennessee 1 $ 37,000 $ 37,000 $ 38,000
Hamilton, Tennessee 1 $ 102,000 $ 102,000 $ 106,000
Humphreys, Tennessee 1 $ 124,000 $ 124,000 $ 67,000
Knox, Tennessee 1 $ 270,000 $ 270,000 $ 140,000
Aransas, Texas 1 $ 200,000 $ 200,000 $ 108,000
Brazos, Texas 1 $ 143,000 $ 143,000 $ 244,000
Camp, Texas 1 $ 117,000 $ 117,000 $ 67,000
Collin, Texas 1 $ 194,000 $ 194,000 $ 68,000
Fannin, Texas 1 $ 136,000 $ 136,000 $ 64,000
Freestone, Texas 1 $ 171,000 $ 171,000 $ 110,000
Gillespie, Texas 1 $ 153,000 $ 153,000 $ 175,000
Gregg, Texas 1 $ 87,000 $ 87,000 $ 101,000
Hidalgo, Texas 1 $ 110,000 $ 110,000 $ 80,000
McLennan, Texas 1 $ 222,000 $ 222,000 $ 33,000
Culpeper, Virginia 1 $ 151,000 $ 151,000 $ 86,000
Danville, Virginia 1 $ 7,000 $ 7,000 $ 182,000
Manassas, Virginia 1 $ 24,000 $ 24,000 $ 96,000
King, Washington 1 $ 225,000 $ 225,000 $ 180,000
Ashland, Wisconsin 1 $ 36,000 $ 36,000 $ 96,000
Douglas, Wisconsin 1 $ 219,000 $ 219,000 $ 58,000
Jefferson, Wisconsin 1 $ 152,000 $ 152,000 $ 49,000
Lafayette, Wisconsin 1 $ 120,000 $ 120,000 $ 48,000
Milwaukee, Wisconsin 1 $ 162,000 $ 162,000 $ 59,000
Outagamie, Wisconsin 1 $ 93,000 $ 93,000 $ 80,000
Ozaukee, Wisconsin 1 $ 194,000 $ 194,000 $ 60,000
Portage, Wisconsin 1 $ 256,000 $ 256,000 $ 200,000
Richland, Wisconsin 1 $ 348,000 $ 348,000 $ 139,000
St. Croix, Wisconsin 1 $ 232,000 $ 232,000 $ 88,000
Vilas, Wisconsin 1 $ 250,000 $ 250,000 $ 170,000

Mortgage Loan Application Detail Totals for Altra Federal 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
Home Purchase 1,179 $221,813,000 $188,000 $4,675,000 $92,000 $956,000
Refinancing 680 $91,086,000 $133,000 $1,210,000 $95,000 $1,131,000
Home Improvement 672 $58,553,000 $87,000 $755,000 $82,000 $904,000

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 2,217 $319,315,000 $144,000 $1,300,000 $91,000 $956,000
Black or African American 92 $5,477,000 $59,000 $324,000 $71,000 $1,131,000
Hispanic 84 $9,272,000 $110,000 $910,000 $78,000 $420,000
Not Provided 59 $8,654,000 $146,000 $400,000 $109,000 $800,000
Asian 40 $7,109,000 $177,000 $824,000 $125,000 $971,000
Not applicable 26 $20,233,000 $778,000 $4,675,000 $2,000 $65,000
Native Hawaiian or Other Pacific Islander 7 $748,000 $106,000 $182,000 $75,000 $114,000
American Indian or Alaskan Native 6 $644,000 $107,000 $252,000 $73,000 $99,000

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) 2,435 $354,584,000 $145,000 $4,675,000 $91,000 $1,131,000
VA-guaranteed (Veterans Administration) 56 $10,953,000 $195,000 $360,000 $81,000 $170,000
FHA-insured (Federal Housing Administration) 40 $5,915,000 $147,000 $247,000 $66,000 $120,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 2,070 $311,965,000 $150,000 $4,675,000 $92,000 $956,000
Application Withdrawn By Applicant 225 $36,739,000 $163,000 $1,210,000 $93,000 $1,131,000
Application Denied By Financial Institution 191 $18,052,000 $94,000 $480,000 $64,000 $420,000
Application Approved But Not Accepted 25 $2,053,000 $82,000 $289,000 $91,000 $412,000
File Closed For Incompleteness 20 $2,643,000 $132,000 $259,000 $90,000 $420,000
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
Debt-To-Income Ratio 64 $8,005,000 $125,000 $480,000 $52,000 $350,000
Credit History 58 $4,105,000 $70,000 $450,000 $65,000 $240,000
Other 31 $2,179,000 $70,000 $206,000 $70,000 $420,000
Collateral 25 $2,612,000 $104,000 $424,000 $84,000 $304,000
Unverifiable Information 7 $706,000 $100,000 $235,000 $90,000 $171,000
Employment History 4 $211,000 $52,000 $117,000 $32,000 $41,000
Insufficient Cash (Downpayment, Closing Cost) 1 $164,000 $164,000 $164,000 $53,000 $53,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Altra Federal 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 Altra Federal 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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