Associated Bank NA Mortgage Lending & HMDA Data, 2023

In 2023, Associated Bank NA of Green Bay, WI reported 10,908 mortgage applications totaling $2.8 billion, down 36% from 2022. The average application was for $257,408, and applicants reported an average income of $141,265. 56% of its applications resulted in an originated loan and 26% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (1,789), Chicago-Naperville, IL (1,144) and Minneapolis-St. Paul-Bloomington, MN-WI (995) (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 10,908
Total Mortgage Loan Application Amount $2,807,810,000
Average Mortgage Loan Application Amount $257,408
Highest Mortgage Loan Application Amount $50,005,000
Average Applicant Income $141,265
Highest Applicant Income $7,518,000

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Act (HMDA) records Associated Bank NA filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 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 2,743 $ 503,015,000 $ 183,381 $ 105,196
Milwaukee-Waukesha-West Allis, WI 1,789 $ 406,695,000 $ 227,330 $ 147,000
Chicago-Naperville, IL 1,144 $ 553,700,000 $ 484,003 $ 216,000
Minneapolis-St. Paul-Bloomington, MN-WI 995 $ 295,135,000 $ 296,618 $ 188,427
Green Bay, WI 901 $ 142,135,000 $ 157,752 $ 112,000
St. Louis, MO-IL 406 $ 99,490,000 $ 245,049 $ 145,785
Madison, WI 380 $ 101,140,000 $ 266,157 $ 128,000
Lake County-Kenosha County, IL-WI 305 $ 60,765,000 $ 199,229 $ 173,370
Appleton, WI 264 $ 35,840,000 $ 135,757 $ 125,000
Oshkosh-Neenah, WI 209 $ 27,755,000 $ 132,799 $ 130,000
Racine, WI 207 $ 28,905,000 $ 139,637 $ 104,000
Rockford, IL 205 $ 16,485,000 $ 80,414 $ 84,000
Janesville-Beloit, WI 204 $ 20,300,000 $ 99,509 $ 87,000
Wausau, WI 204 $ 26,330,000 $ 129,068 $ 100,000
Eau Claire, WI 183 $ 31,715,000 $ 173,306 $ 107,000
La Crosse-Onalaska, WI-MN 157 $ 24,965,000 $ 159,012 $ 120,554
Fond Du Lac, WI 139 $ 20,135,000 $ 144,856 $ 109,000
Elgin, IL 123 $ 58,165,000 $ 472,886 $ 156,000
Rochester, MN 89 $ 20,155,000 $ 226,460 $ 199,000
Sheboygan, WI 84 $ 11,420,000 $ 135,952 $ 87,000
Peoria, IL 18 $ 1,460,000 $ 81,111 $ 129,000
Duluth, MN-WI 17 $ 2,305,000 $ 135,588 $ 151,588
Phoenix-Mesa-Scottsdale, AZ 14 $ 6,290,000 $ 449,285 $ 246,000
Cape Coral-Fort Myers, FL 13 $ 4,635,000 $ 356,538 $ 622,000
Niles-Benton Harbor, MI 10 $ 8,000,000 $ 800,000 $ 613,000
Gary, IN 9 $ 3,735,000 $ 415,000 $ 194,000
Naples-Immokalee-Marco Island, FL 7 $ 2,995,000 $ 427,857 $ 464,000
Ann Arbor, MI 6 $ 1,380,000 $ 230,000 $ 111,000
Tampa-St. Petersburg-Clearwater, FL 6 $ 1,950,000 $ 325,000 $ 173,000
Dallas-Plano-Irving, TX 5 $ 85,085,000 $ 17,017,000 $ 327,000
Grand Rapids-Wyoming, MI 4 $ 4,880,000 $ 1,220,000 $ 1,639,000
Champaign-Urbana, IL 3 $ 1,455,000 $ 485,000 $ 294,000
Cleveland-Elyria, OH 3 $ 405,000 $ 135,000 $ 46,000
Indianapolis-Carmel-Anderson, IN 3 $ 1,235,000 $ 411,666 $ 132,000
North Port-Sarasota-Bradenton, FL 3 $ 23,065,000 $ 7,688,333 $ 381,000
South Bend-Mishawaka, IN-MI 3 $ 1,935,000 $ 645,000 $ 527,000
Cincinnati, OH-KY-IN 2 $ 180,000 $ 90,000 $ 232,000
Columbia, MO 2 $ 830,000 $ 415,000 $ 252,000
Columbus, OH 2 $ 50,140,000 $ 25,070,000 $ 70,000
Davenport-Moline-Rock Island, IA-IL 2 $ 220,000 $ 110,000 $ 193,000
Deltona-Daytona Beach-Ormond Beach, FL 2 $ 1,280,000 $ 640,000 $ 677,000
Miami-Miami Beach-Kendall, FL 2 $ 6,070,000 $ 3,035,000 $ 3,865,000
Michigan City-La Porte, IN 2 $ 450,000 $ 225,000 $ 120,000
Orlando-Kissimmee-Sanford, FL 2 $ 880,000 $ 440,000 $ 487,000
Pensacola-Ferry Pass-Brent, FL 2 $ 480,000 $ 240,000 $ 71,000
Springfield, MO 2 $ 1,120,000 $ 560,000 $ 217,000
Toledo, OH 2 $ 440,000 $ 220,000 $ 55,000
Warren-Troy-Farmington Hills, MI 2 $ 850,000 $ 425,000 $ 210,000
Atlanta-Sandy Springs-Roswell, GA 1 $ 24,525,000 $ 24,525,000 $ 0
Bloomington, IN 1 $ 185,000 $ 185,000 $ 199,000
Carbondale-Marion, IL 1 $ 25,000 $ 25,000 $ 85,000
Charlotte-Concord-Gastonia, NC-SC 1 $ 33,205,000 $ 33,205,000 $ 0
Columbus, IN 1 $ 195,000 $ 195,000 $ 61,000
Crestview-Fort Walton Beach-Destin, FL 1 $ 925,000 $ 925,000 $ 567,000
Decatur, IL 1 $ 135,000 $ 135,000 $ 71,000
Durham-Chapel Hill, NC 1 $ 42,875,000 $ 42,875,000 $ 0
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 1 $ 905,000 $ 905,000 $ 832,000
Fort Wayne, IN 1 $ 245,000 $ 245,000 $ 91,000
Homosassa Springs, FL 1 $ 125,000 $ 125,000 $ 29,000
Iowa City, IA 1 $ 225,000 $ 225,000 $ 62,000
Jacksonville, FL 1 $ 345,000 $ 345,000 $ 72,000
Joplin, MO 1 $ 505,000 $ 505,000 $ 226,000
Kansas City, MO-KS 1 $ 5,000 $ 5,000 $ 33,000
Lafayette-West Lafayette, IN 1 $ 1,145,000 $ 1,145,000 $ 405,000
Las Vegas-Henderson-Paradise, NV 1 $ 55,000 $ 55,000 $ 89,000
New Bern, NC 1 $ 15,000 $ 15,000 $ 51,000
Ocala, FL 1 $ 275,000 $ 275,000 $ 116,000
Palm Bay-Melbourne-Titusville, FL 1 $ 705,000 $ 705,000 $ 388,000
Port St. Lucie, FL 1 $ 405,000 $ 405,000 $ 0
Punta Gorda, FL 1 $ 505,000 $ 505,000 $ 779,000
Santa Fe, NM 1 $ 155,000 $ 155,000 $ 446,000
Sebastian-Vero Beach, FL 1 $ 55,000 $ 55,000 $ 37,000
Springfield, IL 1 $ 265,000 $ 265,000 $ 188,000
St. Cloud, MN 1 $ 75,000 $ 75,000 $ 37,000
Tallahassee, FL 1 $ 1,485,000 $ 1,485,000 $ 588,000
The Villages, FL 1 $ 155,000 $ 155,000 $ 122,000
Tucson, AZ 1 $ 95,000 $ 95,000 $ 41,000

Mortgage Loan Application Detail Totals for Associated Bank NA 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 4,980 $2,095,080,000 $420,000 $50,005,000 $154,000 $7,518,000
Home Improvement 2,301 $196,435,000 $85,000 $36,525,000 $121,000 $1,378,000
Other Purpose 1,813 $142,365,000 $78,000 $1,985,000 $131,000 $4,458,000
Refinancing 1,461 $305,255,000 $208,000 $22,825,000 $152,000 $3,590,000
Cash-out Refinancing 353 $68,675,000 $194,000 $1,205,000 $102,000 $994,000
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 8,199 $1,676,665,000 $204,000 $5,565,000 $144,000 $7,518,000
Hispanic 797 $139,835,000 $175,000 $2,005,000 $95,000 $3,333,000
Black or African American 750 $132,410,000 $176,000 $2,995,000 $80,000 $923,000
Not Provided 588 $161,080,000 $273,000 $2,735,000 $238,000 $4,458,000
Asian 315 $97,225,000 $308,000 $2,775,000 $158,000 $1,326,000
American Indian or Alaskan Native 84 $10,350,000 $123,000 $545,000 $92,000 $378,000
Not applicable 53 $550,185,000 $10,380,000 $50,005,000 $42,000 $49,000
Native Hawaiian or Other Pacific Islander 8 $830,000 $103,000 $235,000 $66,000 $103,000

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) 10,273 $2,676,035,000 $260,000 $50,005,000 $146,000 $7,518,000
FHA-insured (Federal Housing Administration) 540 $108,700,000 $201,000 $605,000 $66,000 $241,000
VA-guaranteed (Veterans Administration) 75 $19,125,000 $255,000 $605,000 $87,000 $238,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 20 $3,950,000 $197,000 $355,000 $65,000 $113,000

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 6,116 $1,607,320,000 $262,000 $33,205,000 $162,000 $7,518,000
Application Denied By Financial Institution 2,814 $509,160,000 $180,000 $22,825,000 $117,000 $5,107,000
Application Withdrawn By Applicant 629 $378,225,000 $601,000 $50,005,000 $161,000 $4,800,000
Preapproval Denied by Financial Institution 606 $147,740,000 $243,000 $3,505,000 $80,000 $1,773,000
Preapproval Approved but not Accepted 293 $73,485,000 $250,000 $2,005,000 $85,000 $692,000
File Closed For Incompleteness 175 $29,675,000 $169,000 $1,305,000 $143,000 $1,008,000
Application Approved But Not Accepted 163 $52,285,000 $320,000 $30,005,000 $140,000 $1,149,000
Loan Purchased By The Institution 112 $9,920,000 $88,000 $525,000 $46,000 $215,000

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 7,488 $2,150,910,000 $287,000 $50,005,000 $156,000 $7,518,000
Debt-To-Income Ratio 1,648 $292,450,000 $177,000 $3,815,000 $80,000 $907,000
Credit History 894 $79,120,000 $88,000 $1,165,000 $103,000 $1,303,000
Unverifiable Information 301 $105,245,000 $349,000 $2,735,000 $154,000 $2,755,000
Collateral 291 $51,835,000 $178,000 $1,825,000 $175,000 $3,590,000
Other 135 $51,015,000 $377,000 $22,825,000 $172,000 $1,738,000
Credit Application Incomplete 76 $43,700,000 $575,000 $3,295,000 $310,000 $5,107,000
Employment History 60 $8,840,000 $147,000 $965,000 $152,000 $917,000
Insufficient Cash (Downpayment, Closing Cost) 14 $24,330,000 $1,737,000 $22,005,000 $65,000 $233,000
Mortgage Insurance Denied 1 $365,000 $365,000 $365,000 $210,000 $210,000

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