Verve, A Credit Union Mortgage Lending & HMDA Data, 2021
In 2021, Verve, A Credit Union of Oshkosh, WI reported 2,315 mortgage applications totaling $416.6 million, up 4% from 2020. The average application was for $179,958, and applicants reported an average income of $88,689. 63% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Oshkosh-Neenah, WI (853), Fond Du Lac, WI (348) and Appleton, WI (255) (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 | 2,315 |
| Total Mortgage Loan Application Amount | $416,605,000 |
| Average Mortgage Loan Application Amount | $179,958 |
| Highest Mortgage Loan Application Amount | $9,145,000 |
| Average Applicant Income | $88,689 |
| Highest Applicant Income | $2,280,000 |
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(HMDA) records Verve, A Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 853 | $ 127,465,000 | $ 149,431 | $ 89,000 |
| Fond du Lac, Wisconsin | 348 | $ 41,260,000 | $ 118,563 | $ 89,000 |
| Calumet, Wisconsin | 134 | $ 21,590,000 | $ 161,119 | $ 108,000 |
| La Crosse, Wisconsin | 128 | $ 31,780,000 | $ 248,281 | $ 89,000 |
| Outagamie, Wisconsin | 121 | $ 38,775,000 | $ 320,454 | $ 94,000 |
| Cook, Illinois | 85 | $ 16,025,000 | $ 188,529 | $ 104,000 |
| Manitowoc, Wisconsin | 50 | $ 6,290,000 | $ 125,800 | $ 89,000 |
| Milwaukee, Wisconsin | 35 | $ 27,845,000 | $ 795,571 | $ 127,000 |
| Green Lake, Wisconsin | 31 | $ 3,285,000 | $ 105,967 | $ 66,000 |
| Waushara, Wisconsin | 30 | $ 3,120,000 | $ 104,000 | $ 85,000 |
| Brown, Wisconsin | 28 | $ 7,670,000 | $ 273,928 | $ 116,000 |
| Dodge, Wisconsin | 25 | $ 8,725,000 | $ 349,000 | $ 150,000 |
| Waupaca, Wisconsin | 16 | $ 2,780,000 | $ 173,750 | $ 80,000 |
| Trempealeau, Wisconsin | 13 | $ 2,255,000 | $ 173,461 | $ 101,000 |
| Vernon, Wisconsin | 12 | $ 1,070,000 | $ 89,166 | $ 65,000 |
| Washington, Wisconsin | 10 | $ 1,310,000 | $ 131,000 | $ 98,000 |
| Monroe, Wisconsin | 9 | $ 1,145,000 | $ 127,222 | $ 104,000 |
| Door, Wisconsin | 7 | $ 1,465,000 | $ 209,285 | $ 245,000 |
| Waukesha, Wisconsin | 7 | $ 2,205,000 | $ 315,000 | $ 123,000 |
| Marinette, Wisconsin | 6 | $ 2,020,000 | $ 336,666 | $ 63,000 |
| Houston, Minnesota | 5 | $ 535,000 | $ 107,000 | $ 79,000 |
| Oneida, Wisconsin | 5 | $ 1,625,000 | $ 325,000 | $ 110,000 |
| Sheboygan, Wisconsin | 5 | $ 325,000 | $ 65,000 | $ 56,000 |
| DuPage, Illinois | 4 | $ 1,030,000 | $ 257,500 | $ 95,000 |
| Ozaukee, Wisconsin | 4 | $ 1,760,000 | $ 440,000 | $ 92,000 |
| Racine, Wisconsin | 4 | $ 770,000 | $ 192,500 | $ 101,000 |
| Bayfield, Wisconsin | 3 | $ 265,000 | $ 88,333 | $ 89,000 |
| Dane, Wisconsin | 3 | $ 755,000 | $ 251,666 | $ 163,000 |
| Marquette, Wisconsin | 3 | $ 245,000 | $ 81,666 | $ 81,000 |
| Menominee, Wisconsin | 3 | $ 585,000 | $ 195,000 | $ 157,000 |
| Will, Illinois | 2 | $ 470,000 | $ 235,000 | $ 110,000 |
| Crawford, Wisconsin | 2 | $ 550,000 | $ 275,000 | $ 82,000 |
| Forest, Wisconsin | 2 | $ 290,000 | $ 145,000 | $ 148,000 |
| Iron, Wisconsin | 2 | $ 330,000 | $ 165,000 | $ 91,000 |
| Jackson, Wisconsin | 2 | $ 260,000 | $ 130,000 | $ 86,000 |
| Juneau, Wisconsin | 2 | $ 240,000 | $ 120,000 | $ 27,000 |
| Kewaunee, Wisconsin | 2 | $ 640,000 | $ 320,000 | $ 27,000 |
| Langlade, Wisconsin | 2 | $ 280,000 | $ 140,000 | $ 122,000 |
| Lincoln, Wisconsin | 2 | $ 260,000 | $ 130,000 | $ 163,000 |
| Marathon, Wisconsin | 2 | $ 1,170,000 | $ 585,000 | $ 82,000 |
| Oconto, Wisconsin | 2 | $ 250,000 | $ 125,000 | $ 98,000 |
| Portage, Wisconsin | 2 | $ 850,000 | $ 425,000 | $ 92,000 |
| Sawyer, Wisconsin | 2 | $ 520,000 | $ 260,000 | $ 173,000 |
| Shawano, Wisconsin | 2 | $ 130,000 | $ 65,000 | $ 65,000 |
| Vilas, Wisconsin | 2 | $ 260,000 | $ 130,000 | $ 89,000 |
| Chatham, Georgia | 1 | $ 1,685,000 | $ 1,685,000 | $ 0 |
| Kane, Illinois | 1 | $ 15,000 | $ 15,000 | $ 86,000 |
| Lake, Illinois | 1 | $ 255,000 | $ 255,000 | $ 275,000 |
| McHenry, Illinois | 1 | $ 55,000 | $ 55,000 | $ 133,000 |
| Olmsted, Minnesota | 1 | $ 295,000 | $ 295,000 | $ 88,000 |
| Adams, Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 94,000 |
| Clark, Wisconsin | 1 | $ 35,000 | $ 35,000 | $ 39,000 |
| Columbia, Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 79,000 |
| Eau Claire, Wisconsin | 1 | $ 275,000 | $ 275,000 | $ 98,000 |
| Iowa, Wisconsin | 1 | $ 135,000 | $ 135,000 | $ 220,000 |
| Jefferson, Wisconsin | 1 | $ 265,000 | $ 265,000 | $ 132,000 |
| Kenosha, Wisconsin | 1 | $ 325,000 | $ 325,000 | $ 393,000 |
| Sauk, Wisconsin | 1 | $ 3,455,000 | $ 3,455,000 | $ 0 |
| Walworth, Wisconsin | 1 | $ 4,105,000 | $ 4,105,000 | $ 0 |
| Wood, Wisconsin | 1 | $ 995,000 | $ 995,000 | $ 0 |
Mortgage Loan Application Detail Totals for Verve, A Credit Union in 2021
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 | 757 | $184,505,000 | $243,000 | $9,145,000 | $85,000 | $2,280,000 |
| Refinancing | 566 | $103,930,000 | $183,000 | $4,105,000 | $94,000 | $1,620,000 |
| Cash-out Refinancing | 469 | $92,455,000 | $197,000 | $6,015,000 | $87,000 | $997,000 |
| Other Purpose | 286 | $22,080,000 | $77,000 | $405,000 | $83,000 | $1,041,000 |
| Home Improvement | 237 | $13,635,000 | $57,000 | $255,000 | $98,000 | $400,000 |
| 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 | 1,805 | $248,205,000 | $137,000 | $1,265,000 | $94,000 | $2,280,000 |
| Not Provided | 248 | $32,500,000 | $131,000 | $545,000 | $52,000 | $393,000 |
| Not applicable | 110 | $111,910,000 | $1,017,000 | $9,145,000 | $0 | $0 |
| Hispanic | 71 | $10,175,000 | $143,000 | $415,000 | $94,000 | $337,000 |
| Asian | 49 | $8,925,000 | $182,000 | $525,000 | $96,000 | $739,000 |
| Black or African American | 15 | $2,265,000 | $151,000 | $415,000 | $71,000 | $209,000 |
| American Indian or Alaskan Native | 10 | $1,210,000 | $121,000 | $305,000 | $67,000 | $139,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $95,000 | $95,000 | $95,000 | $25,000 | $25,000 |
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) | 2,307 | $415,425,000 | $180,000 | $9,145,000 | $89,000 | $2,280,000 |
| FHA-insured (Federal Housing Administration) | 8 | $1,180,000 | $147,000 | $285,000 | $51,000 | $65,000 |
| 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 | 1,463 | $302,135,000 | $206,000 | $9,145,000 | $98,000 | $739,000 |
| Preapproval Denied by Financial Institution | 223 | $31,955,000 | $143,000 | $475,000 | $60,000 | $2,280,000 |
| Application Denied By Financial Institution | 202 | $24,040,000 | $119,000 | $625,000 | $79,000 | $997,000 |
| File Closed For Incompleteness | 167 | $19,825,000 | $118,000 | $545,000 | $62,000 | $1,620,000 |
| Application Withdrawn By Applicant | 160 | $21,750,000 | $135,000 | $545,000 | $96,000 | $1,320,000 |
| Application Approved But Not Accepted | 54 | $8,350,000 | $154,000 | $785,000 | $95,000 | $337,000 |
| Preapproval Approved but not Accepted | 46 | $8,550,000 | $185,000 | $705,000 | $62,000 | $152,000 |
| 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 | 1,890 | $360,610,000 | $190,000 | $9,145,000 | $93,000 | $1,620,000 |
| Other | 148 | $19,140,000 | $129,000 | $385,000 | $61,000 | $997,000 |
| Debt-To-Income Ratio | 122 | $18,600,000 | $152,000 | $525,000 | $54,000 | $152,000 |
| Credit History | 115 | $13,595,000 | $118,000 | $365,000 | $93,000 | $2,280,000 |
| Collateral | 22 | $1,730,000 | $78,000 | $285,000 | $82,000 | $384,000 |
| Credit Application Incomplete | 7 | $875,000 | $125,000 | $265,000 | $57,000 | $141,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,540,000 | $256,000 | $625,000 | $79,000 | $163,000 |
| Unverifiable Information | 4 | $420,000 | $105,000 | $155,000 | $84,000 | $99,000 |
| Mortgage Insurance Denied | 1 | $95,000 | $95,000 | $95,000 | $40,000 | $40,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Verve, A Credit Union's 2021 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