Assured Mortgage Inc. Mortgage Lending & HMDA Data, 2011
In 2011, Assured Mortgage Inc. of Brookfield, WI reported 285 mortgage applications totaling $58.5 million, down 81% from 2010. The average application was for $205,242, and applicants reported an average income of $77,421. 0% of its applications resulted in an originated loan and 46% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (203), Fond Du Lac, WI (6) and Madison, WI (4) (applications in parentheses).
| Mortgage Company & Address | Assured Mortgage Inc. 12660 W Capitol Dr Brookfield, WI 53005 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2011 2010 2009 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 285 |
| Total Mortgage Loan Application Amount | $58,494,000 |
| Average Mortgage Loan Application Amount | $205,242 |
| Highest Mortgage Loan Application Amount | $1,000,000 |
| Average Applicant Income | $77,421 |
| Highest Applicant Income | $371,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Assured Mortgage Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| 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 | 203 | $ 43,488,000 | $ 214,226 | $ 85,000 |
| Fond Du Lac, WI | 6 | $ 1,049,000 | $ 174,833 | $ 53,000 |
| Madison, WI | 4 | $ 1,119,000 | $ 279,750 | $ 73,000 |
| Racine, WI | 4 | $ 706,000 | $ 176,500 | $ 81,000 |
| Lake County-Kenosha County, IL-WI | 3 | $ 1,333,000 | $ 444,333 | $ 80,000 |
| Appleton, WI | 2 | $ 490,000 | $ 245,000 | $ 132,000 |
| Eau Claire, WI | 1 | $ 120,000 | $ 120,000 | $ 87,000 |
| Green Bay, WI | 1 | $ 100,000 | $ 100,000 | $ 47,000 |
| Janesville, WI | 1 | $ 143,000 | $ 143,000 | $ 61,000 |
| Oshkosh-Neenah, WI | 1 | $ 118,000 | $ 118,000 | $ 38,000 |
| Sheboygan, WI | 1 | $ 192,000 | $ 192,000 | $ 34,000 |
Mortgage Loan Application Detail Totals for Assured Mortgage Inc. in 2011
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 | 240 | $50,415,000 | $210,000 | $1,000,000 | $79,000 | $371,000 |
| Home Purchase | 45 | $8,079,000 | $179,000 | $755,000 | $69,000 | $241,000 |
| 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 | 231 | $47,162,000 | $204,000 | $1,000,000 | $84,000 | $371,000 |
| Not Provided | 38 | $7,946,000 | $209,000 | $415,000 | $27,000 | $118,000 |
| Asian | 7 | $1,924,000 | $274,000 | $417,000 | $128,000 | $247,000 |
| Hispanic | 6 | $1,176,000 | $196,000 | $337,000 | $104,000 | $322,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $192,000 | $96,000 | $133,000 | $90,000 | $122,000 |
| Black or African American | 1 | $94,000 | $94,000 | $94,000 | $48,000 | $48,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 232 | $49,068,000 | $211,000 | $1,000,000 | $83,000 | $371,000 |
| FHA-insured (Federal Housing Administration) | 34 | $6,245,000 | $183,000 | $364,000 | $62,000 | $180,000 |
| VA-guaranteed (Veterans Administration) | 10 | $1,950,000 | $195,000 | $345,000 | $40,000 | $96,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 9 | $1,231,000 | $136,000 | $185,000 | $42,000 | $76,000 |
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 |
|---|---|---|---|---|---|---|
| Application Withdrawn By Applicant | 151 | $31,858,000 | $210,000 | $755,000 | $81,000 | $371,000 |
| Application Denied By Financial Institution | 130 | $26,058,000 | $200,000 | $1,000,000 | $74,000 | $295,000 |
| File Closed For Incompleteness | 3 | $460,000 | $153,000 | $258,000 | $84,000 | $169,000 |
| Loan Originated | 1 | $118,000 | $118,000 | $118,000 | $56,000 | $56,000 |
| 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 |
| Application Approved But Not Accepted | 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 |
|---|---|---|---|---|---|---|
| Collateral | 56 | $12,461,000 | $222,000 | $574,000 | $89,000 | $295,000 |
| Debt-To-Income Ratio | 29 | $5,994,000 | $206,000 | $1,000,000 | $62,000 | $203,000 |
| Credit History | 20 | $3,093,000 | $154,000 | $284,000 | $44,000 | $105,000 |
| Other | 16 | $2,959,000 | $184,000 | $284,000 | $91,000 | $277,000 |
| Unverifiable Information | 4 | $717,000 | $179,000 | $380,000 | $69,000 | $127,000 |
| Employment History | 2 | $362,000 | $181,000 | $192,000 | $26,000 | $53,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $214,000 | $214,000 | $214,000 | $89,000 | $89,000 |
| 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 Assured Mortgage Inc.'s 2011 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 Assured Mortgage Inc.'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.
For a list of all lenders in Wisconsin, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About