Cibm Bank Mortgage Lending & HMDA Data, 2017

In 2017, Cibm Bank of Brookfield, WI reported 796 mortgage applications totaling $185.1 million, up 7% from 2016. The average application was for $232,497, and applicants reported an average income of $103,461. 74% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Chicago-Naperville-Arlington Heights, IL (332), Elgin, IL (94) and Indianapolis-Carmel-Anderson, IN (94) (applications in parentheses).

Mortgage Company & Address Cibm Bank
19601 West Bluemound Road
Brookfield, WI 53045
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 796
Total Mortgage Loan Application Amount $185,068,000
Average Mortgage Loan Application Amount $232,497
Highest Mortgage Loan Application Amount $4,875,000
Average Applicant Income $103,461
Highest Applicant Income $1,599,000

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Disclosure Act (HMDA) records Cibm Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Cibm Bank 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 595 $123,141,000 $206,000 $963,000 $95,000 $572,000
Refinancing 169 $53,423,000 $316,000 $4,875,000 $118,000 $922,000
Home Improvement 32 $8,504,000 $265,000 $889,000 $184,000 $1,599,000

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 656 $143,314,000 $218,000 $4,500,000 $106,000 $1,599,000
Hispanic 52 $9,763,000 $187,000 $454,000 $73,000 $167,000
Black or African American 36 $6,510,000 $180,000 $518,000 $99,000 $895,000
Asian 33 $10,826,000 $328,000 $1,600,000 $140,000 $454,000
Not Provided 9 $1,469,000 $163,000 $244,000 $72,000 $180,000
Not applicable 6 $12,185,000 $2,030,000 $4,875,000 $0 $0
Native Hawaiian or Other Pacific Islander 4 $1,001,000 $250,000 $357,000 $89,000 $140,000
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) 553 $143,319,000 $259,000 $4,875,000 $118,000 $1,599,000
FHA-insured (Federal Housing Administration) 229 $38,718,000 $169,000 $454,000 $69,000 $350,000
VA-guaranteed (Veterans Administration) 10 $2,289,000 $228,000 $459,000 $91,000 $189,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $742,000 $185,000 $424,000 $64,000 $157,000

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 593 $129,056,000 $217,000 $1,362,000 $107,000 $1,599,000
Application Withdrawn By Applicant 117 $39,057,000 $333,000 $4,875,000 $93,000 $454,000
Application Denied By Financial Institution 56 $10,721,000 $191,000 $518,000 $83,000 $299,000
Application Approved But Not Accepted 28 $5,856,000 $209,000 $424,000 $110,000 $322,000
File Closed For Incompleteness 2 $378,000 $189,000 $226,000 $163,000 $293,000
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
Collateral 17 $3,255,000 $191,000 $518,000 $99,000 $299,000
Other 9 $1,937,000 $215,000 $454,000 $84,000 $136,000
Debt-To-Income Ratio 8 $1,677,000 $209,000 $374,000 $73,000 $165,000
Insufficient Cash (Downpayment, Closing Cost) 7 $1,117,000 $159,000 $268,000 $62,000 $107,000
Credit History 7 $1,242,000 $177,000 $314,000 $75,000 $108,000
Employment History 3 $646,000 $215,000 $340,000 $76,000 $148,000
Unverifiable Information 2 $413,000 $206,000 $306,000 $130,000 $164,000
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 Cibm Bank'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 Cibm Bank'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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