Connexus Credit Union Mortgage Lending & HMDA Data, 2017

In 2017, Connexus Credit Union of Wausau, WI reported 1,023 mortgage applications totaling $120.4 million, up 20% from 2016. The average application was for $117,711, and applicants reported an average income of $115,331. 43% of its applications resulted in an originated loan and 28% were denied. Its largest markets were Minneapolis-St. Paul-Bloomington, MN-WI (140), Wausau, WI (97) and Naples-Immokalee-Marco Island, FL (18) (applications in parentheses).

Mortgage Company & Address Connexus Credit Union
2600 Pine Ridge
Wausau, WI 54401
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 1,023
Total Mortgage Loan Application Amount $120,419,000
Average Mortgage Loan Application Amount $117,711
Highest Mortgage Loan Application Amount $1,400,000
Average Applicant Income $115,331
Highest Applicant Income $1,086,000

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(HMDA) records Connexus Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Connexus Credit Union by Metropolitan Area in 2017

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Minneapolis-St. Paul-Bloomington, MN-WI 140 $ 12,562,000 $ 89,728 $ 141,571
Wausau, WI 97 $ 8,690,000 $ 89,587 $ 78,000
Naples-Immokalee-Marco Island, FL 18 $ 2,251,000 $ 125,055 $ 386,000
Riverside-San Bernardino-Ontario, CA 18 $ 1,760,000 $ 97,777 $ 207,000
Cincinnati, OH-KY-IN 14 $ 1,459,000 $ 104,214 $ 115,000
Rockingham County-Strafford County, NH 9 $ 2,653,000 $ 294,777 $ 137,000
Miami-Miami Beach-Kendall, FL 7 $ 171,000 $ 24,428 $ 87,000
Cape Coral-Fort Myers, FL 6 $ 579,000 $ 96,500 $ 206,000
North Port-Sarasota-Bradenton, FL 6 $ 466,000 $ 77,666 $ 167,000
Phoenix-Mesa-Scottsdale, AZ 6 $ 204,000 $ 34,000 $ 115,000
Denver-Aurora-Lakewood, CO 5 $ 348,000 $ 69,600 $ 137,000
San Diego-Carlsbad, CA 5 $ 591,000 $ 118,200 $ 192,000
Atlanta-Sandy Springs-Roswell, GA 4 $ 147,000 $ 36,750 $ 151,000
Charlotte-Concord-Gastonia, NC-SC 4 $ 225,000 $ 56,250 $ 164,000
Milwaukee-Waukesha-West Allis, WI 4 $ 193,000 $ 48,250 $ 105,000
St. Louis, MO-IL 4 $ 297,000 $ 74,250 $ 117,000
Baltimore-Columbia-Towson, MD 3 $ 145,000 $ 48,333 $ 180,000
Tampa-St. Petersburg-Clearwater, FL 3 $ 289,000 $ 96,333 $ 211,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 3 $ 154,000 $ 51,333 $ 176,000
Chicago-Naperville-Arlington Heights, IL 2 $ 154,000 $ 77,000 $ 176,000
Cleveland-Elyria, OH 2 $ 185,000 $ 92,500 $ 667,000
Fresno, CA 2 $ 135,000 $ 67,500 $ 226,000
Jacksonville, FL 2 $ 224,000 $ 112,000 $ 243,000
Kansas City, MO-KS 2 $ 87,000 $ 43,500 $ 152,000
Las Vegas-Henderson-Paradise, NV 2 $ 115,000 $ 57,500 $ 175,000
Los Angeles-Long Beach-Glendale, CA 2 $ 239,000 $ 119,500 $ 281,000
Madison, WI 2 $ 156,000 $ 78,000 $ 85,000
Manchester-Nashua, NH 2 $ 63,000 $ 31,500 $ 137,000
Monroe, LA 2 $ 120,000 $ 60,000 $ 166,000
Oakland-Hayward-Berkeley, CA 2 $ 256,000 $ 128,000 $ 123,000
Oxnard-Thousand Oaks-Ventura, CA 2 $ 193,000 $ 96,500 $ 141,000
Palm Bay-Melbourne-Titusville, FL 2 $ 296,000 $ 148,000 $ 116,000
Port St. Lucie, FL 2 $ 305,000 $ 152,500 $ 236,000
Portland-Vancouver-Hillsboro, OR-WA 2 $ 97,000 $ 48,500 $ 122,000
Warren-Troy-Farmington Hills, MI 2 $ 72,000 $ 36,000 $ 109,000
Ann Arbor, MI 1 $ 76,000 $ 76,000 $ 135,000
Asheville, NC 1 $ 30,000 $ 30,000 $ 100,000
Bakersfield, CA 1 $ 25,000 $ 25,000 $ 68,000
Bend-Redmond, OR 1 $ 78,000 $ 78,000 $ 626,000
Bloomington, IL 1 $ 123,000 $ 123,000 $ 539,000
Bremerton-Silverdale, WA 1 $ 75,000 $ 75,000 $ 156,000
Columbia, SC 1 $ 40,000 $ 40,000 $ 124,000
Evansville, IN-KY 1 $ 30,000 $ 30,000 $ 103,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 1 $ 81,000 $ 81,000 $ 112,000
Green Bay, WI 1 $ 20,000 $ 20,000 $ 143,000
Hartford-West Hartford-East Hartford, CT 1 $ 148,000 $ 148,000 $ 323,000
Homosassa Springs, FL 1 $ 12,000 $ 12,000 $ 104,000
Huntington-Ashland, WV-KY-OH 1 $ 20,000 $ 20,000 $ 124,000
Indianapolis-Carmel-Anderson, IN 1 $ 12,000 $ 12,000 $ 217,000
Lake Havasu City-Kingman, AZ 1 $ 37,000 $ 37,000 $ 89,000
Memphis, TN-MS-AR 1 $ 50,000 $ 50,000 $ 165,000
Montgomery, AL 1 $ 69,000 $ 69,000 $ 169,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 180,000 $ 180,000 $ 126,000
Niles-Benton Harbor, MI 1 $ 42,000 $ 42,000 $ 924,000
Norwich-New London, CT 1 $ 70,000 $ 70,000 $ 132,000
Ogden-Clearfield, UT 1 $ 23,000 $ 23,000 $ 124,000
Orlando-Kissimmee-Sanford, FL 1 $ 35,000 $ 35,000 $ 72,000
Portland-South Portland, ME 1 $ 65,000 $ 65,000 $ 129,000
Reno, NV 1 $ 97,000 $ 97,000 $ 340,000
Richmond, VA 1 $ 194,000 $ 194,000 $ 157,000
Sacramento--Roseville--Arden-Arcade, CA 1 $ 100,000 $ 100,000 $ 132,000
Salisbury, MD-DE 1 $ 77,000 $ 77,000 $ 393,000
San Luis Obispo-Paso Robles-Arroyo Grande, CA 1 $ 82,000 $ 82,000 $ 109,000
Seattle-Bellevue-Everett, WA 1 $ 74,000 $ 74,000 $ 102,000
Sebring, FL 1 $ 75,000 $ 75,000 $ 42,000
Sheboygan, WI 1 $ 62,000 $ 62,000 $ 44,000
South Bend-Mishawaka, IN-MI 1 $ 20,000 $ 20,000 $ 58,000
Spokane-Spokane Valley, WA 1 $ 19,000 $ 19,000 $ 55,000
Springfield, MO 1 $ 25,000 $ 25,000 $ 66,000
St. Cloud, MN 1 $ 56,000 $ 56,000 $ 72,000
Vallejo-Fairfield, CA 1 $ 51,000 $ 51,000 $ 93,000
Virginia Beach-Norfolk-Newport News, VA-NC 1 $ 36,000 $ 36,000 $ 120,000
Visalia-Porterville, CA 1 $ 128,000 $ 128,000 $ 255,000
West Palm Beach-Boca Raton-Delray Beach, FL 1 $ 40,000 $ 40,000 $ 68,000
Winston-Salem, NC 1 $ 17,000 $ 17,000 $ 54,000
Worcester, MA-CT 1 $ 50,000 $ 50,000 $ 118,000

Mortgage Loan Application Detail Totals for Connexus Credit Union 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 461 $55,178,000 $119,000 $850,000 $112,000 $1,086,000
Refinancing 349 $51,186,000 $146,000 $1,400,000 $112,000 $823,000
Home Improvement 213 $14,055,000 $65,000 $955,000 $128,000 $690,000

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 548 $66,270,000 $120,000 $1,400,000 $125,000 $964,000
Not Provided 201 $24,817,000 $123,000 $795,000 $170,000 $1,086,000
Not applicable 158 $14,570,000 $92,000 $263,000 $0 $0
Hispanic 55 $5,218,000 $94,000 $720,000 $134,000 $683,000
Black or African American 29 $4,808,000 $165,000 $616,000 $129,000 $325,000
Asian 26 $4,407,000 $169,000 $829,000 $121,000 $496,000
American Indian or Alaskan Native 5 $270,000 $54,000 $109,000 $195,000 $228,000
Native Hawaiian or Other Pacific Islander 1 $59,000 $59,000 $59,000 $105,000 $105,000

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) 1,023 $120,419,000 $117,000 $1,400,000 $115,000 $1,086,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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 442 $44,118,000 $99,000 $955,000 $166,000 $1,086,000
Application Denied By Financial Institution 282 $44,660,000 $158,000 $1,400,000 $106,000 $690,000
Loan Purchased By The Institution 158 $14,570,000 $92,000 $263,000 $0 $0
Preapproval Denied by Financial Institution 47 $7,445,000 $158,000 $400,000 $57,000 $227,000
Application Withdrawn By Applicant 33 $1,818,000 $55,000 $300,000 $117,000 $276,000
File Closed For Incompleteness 32 $5,344,000 $167,000 $512,000 $99,000 $223,000
Application Approved But Not Accepted 29 $2,464,000 $84,000 $287,000 $168,000 $356,000
Preapproval 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
Credit History 107 $14,171,000 $132,000 $520,000 $102,000 $480,000
Debt-To-Income Ratio 97 $14,927,000 $153,000 $795,000 $70,000 $261,000
Collateral 52 $9,537,000 $183,000 $990,000 $106,000 $392,000
Other 19 $3,194,000 $168,000 $1,400,000 $197,000 $690,000
Employment History 6 $688,000 $114,000 $185,000 $173,000 $230,000
Unverifiable Information 4 $612,000 $153,000 $396,000 $93,000 $196,000
Insufficient Cash (Downpayment, Closing Cost) 2 $660,000 $330,000 $548,000 $157,000 $179,000
Credit Application Incomplete 1 $150,000 $150,000 $150,000 $120,000 $120,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Connexus Credit Union'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 Connexus 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.
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