Cibm Bank Mortgage Lending & HMDA Data, 2018

In 2018, Cibm Bank of Brookfield, WI reported 1,005 mortgage applications totaling $210.7 million, up 26% from 2017. The average application was for $209,666, and applicants reported an average income of $105,373. 77% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Chicago-Naperville-Arlington Heights, IL (387), Indianapolis-Carmel-Anderson, IN (125) and Elgin, IL (111) (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 1,005
Total Mortgage Loan Application Amount $210,715,000
Average Mortgage Loan Application Amount $209,666
Highest Mortgage Loan Application Amount $3,205,000
Average Applicant Income $105,373
Highest Applicant Income $1,052,000

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Disclosure Act (HMDA) records Cibm Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2018

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 821 $167,215,000 $203,000 $2,865,000 $96,000 $1,052,000
Cash-out Refinancing 94 $21,550,000 $229,000 $1,345,000 $132,000 $997,000
Refinancing 69 $18,545,000 $268,000 $3,205,000 $121,000 $427,000
Other Purpose 14 $2,690,000 $192,000 $995,000 $375,000 $922,000
Home Improvement 6 $710,000 $118,000 $325,000 $162,000 $214,000
Not Applicable 1 $5,000 $5,000 $5,000 $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 811 $167,435,000 $206,000 $3,205,000 $99,000 $922,000
Black or African American 62 $12,200,000 $196,000 $425,000 $76,000 $198,000
Hispanic 52 $10,680,000 $205,000 $375,000 $114,000 $1,052,000
Not applicable 26 $9,590,000 $368,000 $2,865,000 $0 $0
Asian 22 $6,610,000 $300,000 $1,345,000 $182,000 $997,000
Not Provided 19 $2,045,000 $107,000 $455,000 $345,000 $924,000
Native Hawaiian or Other Pacific Islander 1 $155,000 $155,000 $155,000 $64,000 $64,000
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) 693 $155,915,000 $224,000 $3,205,000 $122,000 $1,052,000
FHA-insured (Federal Housing Administration) 261 $43,415,000 $166,000 $385,000 $68,000 $214,000
VA-guaranteed (Veterans Administration) 47 $10,855,000 $230,000 $515,000 $84,000 $230,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $530,000 $132,000 $165,000 $41,000 $48,000

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 771 $159,125,000 $206,000 $2,865,000 $106,000 $922,000
Application Withdrawn By Applicant 140 $33,790,000 $241,000 $3,205,000 $108,000 $1,052,000
Application Denied By Financial Institution 52 $9,090,000 $174,000 $455,000 $95,000 $924,000
Application Approved But Not Accepted 23 $4,945,000 $215,000 $405,000 $104,000 $261,000
Loan Purchased By The Institution 17 $2,655,000 $156,000 $235,000 $0 $0
File Closed For Incompleteness 2 $1,110,000 $555,000 $985,000 $215,000 $336,000
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
Not applicable 953 $201,625,000 $211,000 $3,205,000 $106,000 $1,052,000
Credit History 14 $2,340,000 $167,000 $325,000 $92,000 $165,000
Collateral 11 $1,575,000 $143,000 $455,000 $179,000 $924,000
Debt-To-Income Ratio 9 $2,335,000 $259,000 $455,000 $77,000 $173,000
Other 7 $1,055,000 $150,000 $245,000 $62,000 $88,000
Employment History 5 $925,000 $185,000 $395,000 $37,000 $70,000
Insufficient Cash (Downpayment, Closing Cost) 4 $440,000 $110,000 $165,000 $44,000 $67,000
Unverifiable Information 2 $420,000 $210,000 $315,000 $83,000 $132,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Cibm Bank's 2018 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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