Verve, A Credit Union Mortgage Lending & HMDA Data, 2025
In 2025, Verve, A Credit Union of Oshkosh, WI reported 1,155 mortgage applications totaling $267.5 million, up 2% from 2024. The average application was for $231,597, and applicants reported an average income of $121,887. 64% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Oshkosh-Neenah, WI (381), Fond Du Lac, WI (207) and Appleton, WI (116) (applications in parentheses).
| Mortgage Company & Address | Verve, A Credit Union 2900 Universal St Oshkosh, WI 54904 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 | 1,155 |
| Total Mortgage Loan Application Amount | $267,495,000 |
| Average Mortgage Loan Application Amount | $231,597 |
| Highest Mortgage Loan Application Amount | $7,205,000 |
| Average Applicant Income | $121,887 |
| Highest Applicant Income | $2,685,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Verve, A Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Winnebago, Wisconsin | 381 | $ 57,505,000 | $ 150,931 | $ 125,000 |
| Fond du Lac, Wisconsin | 207 | $ 33,895,000 | $ 163,743 | $ 102,000 |
| Cook, Illinois | 75 | $ 55,215,000 | $ 736,200 | $ 168,000 |
| La Crosse, Wisconsin | 60 | $ 8,650,000 | $ 144,166 | $ 127,000 |
| Calumet, Wisconsin | 58 | $ 8,850,000 | $ 152,586 | $ 125,000 |
| Outagamie, Wisconsin | 58 | $ 12,100,000 | $ 208,620 | $ 151,000 |
| Waushara, Wisconsin | 19 | $ 3,285,000 | $ 172,894 | $ 125,000 |
| Brown, Wisconsin | 18 | $ 2,150,000 | $ 119,444 | $ 97,000 |
| Green Lake, Wisconsin | 17 | $ 2,065,000 | $ 121,470 | $ 86,000 |
| Milwaukee, Wisconsin | 17 | $ 16,225,000 | $ 954,411 | $ 270,000 |
| Manitowoc, Wisconsin | 15 | $ 1,155,000 | $ 77,000 | $ 96,000 |
| Dodge, Wisconsin | 9 | $ 1,385,000 | $ 153,888 | $ 121,000 |
| Lake, Illinois | 6 | $ 3,540,000 | $ 590,000 | $ 0 |
| Marquette, Wisconsin | 6 | $ 910,000 | $ 151,666 | $ 139,000 |
| Monroe, Wisconsin | 6 | $ 810,000 | $ 135,000 | $ 114,000 |
| Washington, Wisconsin | 5 | $ 1,125,000 | $ 225,000 | $ 111,000 |
| Waupaca, Wisconsin | 5 | $ 835,000 | $ 167,000 | $ 89,000 |
| Door, Wisconsin | 4 | $ 830,000 | $ 207,500 | $ 145,000 |
| Ozaukee, Wisconsin | 4 | $ 1,530,000 | $ 382,500 | $ 236,000 |
| Trempealeau, Wisconsin | 4 | $ 360,000 | $ 90,000 | $ 88,000 |
| Vernon, Wisconsin | 4 | $ 440,000 | $ 110,000 | $ 98,000 |
| Houston, Minnesota | 3 | $ 605,000 | $ 201,666 | $ 98,000 |
| Crawford, Wisconsin | 3 | $ 465,000 | $ 155,000 | $ 99,000 |
| Waukesha, Wisconsin | 3 | $ 1,245,000 | $ 415,000 | $ 172,000 |
| Forest, Wisconsin | 2 | $ 600,000 | $ 300,000 | $ 189,000 |
| Lincoln, Wisconsin | 2 | $ 3,250,000 | $ 1,625,000 | $ 0 |
| Marinette, Wisconsin | 2 | $ 330,000 | $ 165,000 | $ 198,000 |
| Menominee, Wisconsin | 2 | $ 870,000 | $ 435,000 | $ 299,000 |
| Oconto, Wisconsin | 2 | $ 280,000 | $ 140,000 | $ 123,000 |
| Walworth, Wisconsin | 2 | $ 370,000 | $ 185,000 | $ 62,000 |
| Coles, Illinois | 1 | $ 7,205,000 | $ 7,205,000 | $ 0 |
| DuPage, Illinois | 1 | $ 155,000 | $ 155,000 | $ 300,000 |
| Kane, Illinois | 1 | $ 505,000 | $ 505,000 | $ 198,000 |
| Winnebago, Illinois | 1 | $ 95,000 | $ 95,000 | $ 61,000 |
| Iron, Michigan | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Hennepin, Minnesota | 1 | $ 405,000 | $ 405,000 | $ 18,000 |
| Ramsey, Minnesota | 1 | $ 95,000 | $ 95,000 | $ 55,000 |
| Sherburne, Minnesota | 1 | $ 575,000 | $ 575,000 | $ 643,000 |
| Barron, Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 159,000 |
| Burnett, Wisconsin | 1 | $ 465,000 | $ 465,000 | $ 0 |
| Clark, Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 116,000 |
| Columbia, Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 101,000 |
| Jackson, Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Jefferson, Wisconsin | 1 | $ 85,000 | $ 85,000 | $ 234,000 |
| Marathon, Wisconsin | 1 | $ 305,000 | $ 305,000 | $ 110,000 |
| Oneida, Wisconsin | 1 | $ 335,000 | $ 335,000 | $ 114,000 |
| Pierce, Wisconsin | 1 | $ 45,000 | $ 45,000 | $ 262,000 |
| Polk, Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 59,000 |
| Portage, Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 53,000 |
| Shawano, Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 102,000 |
| Sheboygan, Wisconsin | 1 | $ 135,000 | $ 135,000 | $ 165,000 |
| Taylor, Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 270,000 |
| Washburn, Wisconsin | 1 | $ 455,000 | $ 455,000 | $ 250,000 |
Mortgage Loan Application Detail Totals for Verve, A Credit Union in 2025
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 | 370 | $146,080,000 | $394,000 | $6,465,000 | $134,000 | $2,155,000 |
| Home Improvement | 324 | $27,910,000 | $86,000 | $505,000 | $116,000 | $2,685,000 |
| Other Purpose | 276 | $31,740,000 | $115,000 | $705,000 | $117,000 | $1,800,000 |
| Refinancing | 99 | $49,075,000 | $495,000 | $7,205,000 | $132,000 | $541,000 |
| Cash-out Refinancing | 86 | $12,690,000 | $147,000 | $905,000 | $96,000 | $336,000 |
| 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 | 788 | $123,430,000 | $156,000 | $1,325,000 | $125,000 | $2,685,000 |
| Not Provided | 207 | $34,225,000 | $165,000 | $755,000 | $105,000 | $643,000 |
| Not applicable | 103 | $98,635,000 | $957,000 | $7,205,000 | $0 | $0 |
| Hispanic | 23 | $3,415,000 | $148,000 | $555,000 | $116,000 | $342,000 |
| Asian | 22 | $5,410,000 | $245,000 | $1,005,000 | $110,000 | $385,000 |
| Black or African American | 7 | $1,625,000 | $232,000 | $505,000 | $205,000 | $385,000 |
| American Indian or Alaskan Native | 5 | $755,000 | $151,000 | $295,000 | $102,000 | $173,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 1,153 | $267,115,000 | $231,000 | $7,205,000 | $121,000 | $2,685,000 |
| FHA-insured (Federal Housing Administration) | 2 | $380,000 | $190,000 | $215,000 | $98,000 | $133,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 744 | $175,350,000 | $235,000 | $7,205,000 | $126,000 | $707,000 |
| Application Withdrawn By Applicant | 106 | $28,810,000 | $271,000 | $3,725,000 | $129,000 | $2,685,000 |
| Preapproval Approved but not Accepted | 96 | $26,300,000 | $273,000 | $605,000 | $104,000 | $406,000 |
| Application Denied By Financial Institution | 88 | $15,150,000 | $172,000 | $2,005,000 | $93,000 | $1,800,000 |
| File Closed For Incompleteness | 59 | $7,085,000 | $120,000 | $505,000 | $133,000 | $2,155,000 |
| Preapproval Denied by Financial Institution | 35 | $8,315,000 | $237,000 | $575,000 | $121,000 | $1,920,000 |
| Application Approved But Not Accepted | 27 | $6,485,000 | $240,000 | $695,000 | $110,000 | $270,000 |
| Loan Purchased By The 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 | 1,032 | $244,030,000 | $236,000 | $7,205,000 | $124,000 | $2,685,000 |
| Debt-To-Income Ratio | 60 | $10,420,000 | $173,000 | $575,000 | $66,000 | $198,000 |
| Credit History | 34 | $7,370,000 | $216,000 | $1,065,000 | $134,000 | $1,800,000 |
| Other | 11 | $1,115,000 | $101,000 | $335,000 | $263,000 | $1,920,000 |
| Collateral | 9 | $1,165,000 | $129,000 | $285,000 | $89,000 | $159,000 |
| Employment History | 5 | $875,000 | $175,000 | $465,000 | $48,000 | $129,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $2,415,000 | $805,000 | $2,005,000 | $74,000 | $103,000 |
| Unverifiable Information | 1 | $105,000 | $105,000 | $105,000 | $57,000 | $57,000 |
| 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 Verve, A Credit Union's 2025 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 Verve, A Credit Union'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