Associated Bank NA Mortgage Lending & HMDA Data, 2020

In 2020, Associated Bank NA of Green Bay, WI reported 25,939 mortgage applications totaling $7.0 billion, up 9% from 2019. The average application was for $270,814, and applicants reported an average income of $140,244. 67% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (4,373), Chicago-Naperville, IL (3,052) and Minneapolis-St. Paul-Bloomington, MN-WI (2,561) (applications in parentheses).

Mortgage Company & Address Associated Bank NA
200 North Adams Street
Green Bay, WI 54301
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  
Total Number of Mortgage Applications 25,939
Total Mortgage Loan Application Amount $7,024,655,000
Average Mortgage Loan Application Amount $270,814
Highest Mortgage Loan Application Amount $74,975,000
Average Applicant Income $140,244
Highest Applicant Income $9,591,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Associated Bank NA filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Associated Bank NA by Metropolitan Area in 2020

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Milwaukee-Waukesha-West Allis, WI 4,373 $ 1,113,405,000 $ 254,608 $ 134,000
Outside any metro area 4,226 $ 671,800,000 $ 158,968 $ 112,933
Chicago-Naperville, IL 3,052 $ 1,550,910,000 $ 508,161 $ 230,000
Minneapolis-St. Paul-Bloomington, MN-WI 2,561 $ 794,385,000 $ 310,185 $ 151,422
Green Bay, WI 1,953 $ 369,925,000 $ 189,413 $ 114,000
Madison, WI 1,123 $ 243,795,000 $ 217,092 $ 121,000
St. Louis, MO-IL 1,033 $ 309,295,000 $ 299,414 $ 177,527
Appleton, WI 950 $ 164,440,000 $ 173,094 $ 106,000
Lake County-Kenosha County, IL-WI 763 $ 236,365,000 $ 309,783 $ 172,563
Oshkosh-Neenah, WI 590 $ 94,100,000 $ 159,491 $ 96,000
Janesville-Beloit, WI 535 $ 70,845,000 $ 132,420 $ 78,000
Eau Claire, WI 443 $ 60,525,000 $ 136,625 $ 94,000
Warren-Troy-Farmington Hills, MI 385 $ 159,955,000 $ 415,467 $ 220,000
Fond Du Lac, WI 362 $ 77,160,000 $ 213,149 $ 96,000
Racine, WI 349 $ 65,195,000 $ 186,805 $ 94,000
Rockford, IL 347 $ 38,685,000 $ 111,484 $ 86,000
Wausau, WI 342 $ 48,980,000 $ 143,216 $ 103,000
La Crosse-Onalaska, WI-MN 314 $ 55,320,000 $ 176,178 $ 101,866
Peoria, IL 276 $ 38,340,000 $ 138,913 $ 112,000
Sheboygan, WI 253 $ 36,865,000 $ 145,711 $ 103,000
Elgin, IL 195 $ 47,205,000 $ 242,076 $ 118,000
Rochester, MN 148 $ 29,800,000 $ 201,351 $ 144,000
Detroit-Dearborn-Livonia, MI 87 $ 63,315,000 $ 727,758 $ 179,000
Springfield, MO 75 $ 18,855,000 $ 251,400 $ 180,000
Indianapolis-Carmel-Anderson, IN 68 $ 25,510,000 $ 375,147 $ 161,000
Ann Arbor, MI 44 $ 26,780,000 $ 608,636 $ 200,000
Iowa City, IA 38 $ 8,650,000 $ 227,631 $ 165,000
Phoenix-Mesa-Scottsdale, AZ 38 $ 55,000,000 $ 1,447,368 $ 175,000
Kansas City, MO-KS 34 $ 44,970,000 $ 1,322,647 $ 288,911
Cedar Rapids, IA 28 $ 4,970,000 $ 177,500 $ 129,000
Duluth, MN-WI 26 $ 6,760,000 $ 260,000 $ 169,500
Carbondale-Marion, IL 25 $ 2,775,000 $ 111,000 $ 94,000
Niles-Benton Harbor, MI 25 $ 16,215,000 $ 648,600 $ 669,000
Gary, IN 20 $ 8,990,000 $ 449,500 $ 285,000
Cape Coral-Fort Myers, FL 17 $ 6,915,000 $ 406,764 $ 294,000
Columbus, OH 14 $ 8,330,000 $ 595,000 $ 285,000
Grand Rapids-Wyoming, MI 10 $ 4,580,000 $ 458,000 $ 233,000
Mankato-North Mankato, MN 10 $ 3,010,000 $ 301,000 $ 159,000
Fort Wayne, IN 9 $ 2,835,000 $ 315,000 $ 159,000
Naples-Immokalee-Marco Island, FL 9 $ 10,795,000 $ 1,199,444 $ 597,000
Des Moines-West Des Moines, IA 8 $ 5,280,000 $ 660,000 $ 342,000
Orlando-Kissimmee-Sanford, FL 8 $ 2,240,000 $ 280,000 $ 528,000
West Palm Beach-Boca Raton-Delray Beach, FL 8 $ 3,450,000 $ 431,250 $ 311,000
St. Cloud, MN 7 $ 1,965,000 $ 280,714 $ 126,000
Champaign-Urbana, IL 6 $ 1,240,000 $ 206,666 $ 103,000
Cincinnati, OH-KY-IN 6 $ 2,990,000 $ 498,333 $ 290,833
Lansing-East Lansing, MI 6 $ 1,080,000 $ 180,000 $ 90,000
North Port-Sarasota-Bradenton, FL 6 $ 1,540,000 $ 256,666 $ 160,000
Tampa-St. Petersburg-Clearwater, FL 6 $ 1,600,000 $ 266,666 $ 128,000
South Bend-Mishawaka, IN-MI 5 $ 2,025,000 $ 405,000 $ 236,800
Crestview-Fort Walton Beach-Destin, FL 4 $ 2,380,000 $ 595,000 $ 102,000
Kalamazoo-Portage, MI 4 $ 1,470,000 $ 367,500 $ 142,000
Prescott Valley-Prescott, AZ 4 $ 1,030,000 $ 257,500 $ 152,000
Punta Gorda, FL 4 $ 920,000 $ 230,000 $ 80,000
Tucson, AZ 4 $ 1,280,000 $ 320,000 $ 103,000
Akron, OH 3 $ 775,000 $ 258,333 $ 99,000
Bloomington, IL 3 $ 665,000 $ 221,666 $ 116,000
Canton-Massillon, OH 3 $ 1,375,000 $ 458,333 $ 198,000
Dallas-Plano-Irving, TX 3 $ 70,845,000 $ 23,615,000 $ 0
Lakeland-Winter Haven, FL 3 $ 655,000 $ 218,333 $ 140,000
Miami-Miami Beach-Kendall, FL 3 $ 1,015,000 $ 338,333 $ 179,000
Ocala, FL 3 $ 1,755,000 $ 585,000 $ 290,000
Port St. Lucie, FL 3 $ 995,000 $ 331,666 $ 172,000
Sebastian-Vero Beach, FL 3 $ 1,085,000 $ 361,666 $ 444,000
Springfield, IL 3 $ 275,000 $ 91,666 $ 63,000
The Villages, FL 3 $ 1,135,000 $ 378,333 $ 137,000
Cleveland-Elyria, OH 2 $ 3,690,000 $ 1,845,000 $ 346,000
Columbus, IN 2 $ 1,290,000 $ 645,000 $ 311,000
Davenport-Moline-Rock Island, IA-IL 2 $ 290,000 $ 145,000 $ 68,000
Flint, MI 2 $ 870,000 $ 435,000 $ 169,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 2 $ 2,530,000 $ 1,265,000 $ 1,160,000
Jackson, MI 2 $ 260,000 $ 130,000 $ 50,000
Kokomo, IN 2 $ 150,000 $ 75,000 $ 85,000
Rochester, NY 2 $ 11,580,000 $ 5,790,000 $ 0
Birmingham-Hoover, AL 1 $ 9,755,000 $ 9,755,000 $ 0
Bloomington, IN 1 $ 975,000 $ 975,000 $ 815,000
Cape Girardeau, MO-IL 1 $ 685,000 $ 685,000 $ 119,000
Columbia, MO 1 $ 625,000 $ 625,000 $ 297,000
Decatur, IL 1 $ 125,000 $ 125,000 $ 74,000
Deltona-Daytona Beach-Ormond Beach, FL 1 $ 185,000 $ 185,000 $ 78,000
Dubuque, IA 1 $ 195,000 $ 195,000 $ 87,000
Durham-Chapel Hill, NC 1 $ 74,975,000 $ 74,975,000 $ 0
Fort Collins, CO 1 $ 19,925,000 $ 19,925,000 $ 0
Houston-The Woodlands-Sugar Land, TX 1 $ 30,005,000 $ 30,005,000 $ 0
Jacksonville, FL 1 $ 435,000 $ 435,000 $ 300,000
Kankakee, IL 1 $ 185,000 $ 185,000 $ 98,000
Lafayette-West Lafayette, IN 1 $ 255,000 $ 255,000 $ 124,000
Lake Havasu City-Kingman, AZ 1 $ 115,000 $ 115,000 $ 33,000
Michigan City-La Porte, IN 1 $ 905,000 $ 905,000 $ 812,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 23,525,000 $ 23,525,000 $ 0
Palm Bay-Melbourne-Titusville, FL 1 $ 175,000 $ 175,000 $ 64,000
Panama City, FL 1 $ 65,000 $ 65,000 $ 89,000
Waterloo-Cedar Falls, IA 1 $ 195,000 $ 195,000 $ 47,000

Mortgage Loan Application Detail Totals for Associated Bank NA in 2020

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 9,958 $3,406,660,000 $342,000 $74,975,000 $139,000 $9,591,000
Refinancing 8,977 $2,447,195,000 $272,000 $9,755,000 $156,000 $9,046,000
Cash-out Refinancing 3,742 $896,080,000 $239,000 $23,585,000 $122,000 $7,688,000
Other Purpose 1,622 $128,200,000 $79,000 $6,505,000 $136,000 $4,275,000
Home Improvement 1,600 $143,830,000 $89,000 $30,005,000 $109,000 $1,322,000
Not Applicable 40 $2,690,000 $67,000 $205,000 $43,000 $224,000

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 21,090 $5,206,850,000 $246,000 $6,505,000 $139,000 $9,591,000
Not Provided 1,416 $448,840,000 $316,000 $2,695,000 $225,000 $4,275,000
Hispanic 1,324 $266,950,000 $201,000 $1,825,000 $84,000 $1,287,000
Black or African American 970 $190,480,000 $196,000 $2,485,000 $93,000 $4,008,000
Asian 709 $242,565,000 $342,000 $2,915,000 $171,000 $3,147,000
American Indian or Alaskan Native 142 $25,310,000 $178,000 $995,000 $101,000 $928,000
Not applicable 94 $580,640,000 $6,177,000 $74,975,000 $21,000 $27,000
Native Hawaiian or Other Pacific Islander 8 $2,150,000 $268,000 $555,000 $116,000 $290,000

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) 24,861 $6,829,005,000 $274,000 $74,975,000 $143,000 $9,591,000
FHA-insured (Federal Housing Administration) 638 $105,890,000 $165,000 $525,000 $58,000 $265,000
VA-guaranteed (Veterans Administration) 329 $72,935,000 $221,000 $985,000 $89,000 $458,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 111 $16,825,000 $151,000 $405,000 $54,000 $124,000

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 17,445 $4,959,615,000 $284,000 $30,505,000 $148,000 $9,046,000
Application Denied By Financial Institution 3,665 $781,525,000 $213,000 $4,005,000 $114,000 $4,275,000
Application Withdrawn By Applicant 2,522 $700,600,000 $277,000 $41,925,000 $145,000 $9,591,000
File Closed For Incompleteness 892 $219,800,000 $246,000 $2,365,000 $147,000 $2,615,000
Preapproval Denied by Financial Institution 441 $88,535,000 $200,000 $1,605,000 $70,000 $1,096,000
Application Approved But Not Accepted 416 $170,730,000 $410,000 $74,975,000 $143,000 $3,449,000
Loan Purchased By The Institution 364 $59,310,000 $162,000 $435,000 $81,000 $1,263,000
Preapproval Approved but not Accepted 194 $44,540,000 $229,000 $2,005,000 $101,000 $3,870,000

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 21,833 $6,154,595,000 $281,000 $74,975,000 $146,000 $9,591,000
Debt-To-Income Ratio 1,605 $335,455,000 $209,000 $4,005,000 $69,000 $850,000
Credit History 970 $142,880,000 $147,000 $2,485,000 $101,000 $1,962,000
Collateral 639 $141,495,000 $221,000 $3,925,000 $164,000 $3,155,000
Unverifiable Information 495 $132,955,000 $268,000 $1,725,000 $138,000 $992,000
Credit Application Incomplete 162 $62,050,000 $383,000 $3,755,000 $205,000 $2,991,000
Other 141 $34,405,000 $244,000 $3,255,000 $147,000 $4,275,000
Employment History 66 $14,810,000 $224,000 $2,005,000 $132,000 $1,461,000
Insufficient Cash (Downpayment, Closing Cost) 28 $6,010,000 $214,000 $825,000 $73,000 $192,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Associated Bank NA's 2020 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 Associated Bank NA'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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