Farmers & Merchants Union Bank Mortgage Lending & HMDA Data, 2018
In 2018, Farmers & Merchants Union Bank of Columbus, WI reported 131 mortgage applications totaling $20.9 million, down 33% from 2017. The average application was for $159,809, and applicants reported an average income of $94,190. 75% of its applications resulted in an originated loan and 22% were denied. Its largest markets were Madison, WI (71), Milwaukee-Waukesha-West Allis, WI (2) and Sheboygan, WI (2) (applications in parentheses).
| Mortgage Company & Address | Farmers & Merchants Union Bank 159 W James St Po Box 226 Columbus, WI 53925 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 |
| Total Number of Mortgage Applications | 131 |
| Total Mortgage Loan Application Amount | $20,935,000 |
| Average Mortgage Loan Application Amount | $159,809 |
| Highest Mortgage Loan Application Amount | $965,000 |
| Average Applicant Income | $94,190 |
| Highest Applicant Income | $1,087,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Farmers & Merchants Union Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Columbia, Wisconsin | 57 | $ 7,835,000 | $ 137,456 | $ 81,000 |
| Dodge, Wisconsin | 30 | $ 4,060,000 | $ 135,333 | $ 75,000 |
| Dane, Wisconsin | 14 | $ 4,340,000 | $ 310,000 | $ 170,000 |
| Green Lake, Wisconsin | 12 | $ 1,010,000 | $ 84,166 | $ 182,000 |
| Jefferson, Wisconsin | 3 | $ 335,000 | $ 111,666 | $ 81,000 |
| Marquette, Wisconsin | 2 | $ 530,000 | $ 265,000 | $ 80,000 |
| Sheboygan, Wisconsin | 2 | $ 380,000 | $ 190,000 | $ 100,000 |
| Washington, Wisconsin | 2 | $ 510,000 | $ 255,000 | $ 96,000 |
| Hennepin, Minnesota | 1 | $ 455,000 | $ 455,000 | $ 150,000 |
| Salt Lake, Utah | 1 | $ 285,000 | $ 285,000 | $ 180,000 |
| Calumet, Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 74,000 |
| Clark, Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 67,000 |
| Door, Wisconsin | 1 | $ 215,000 | $ 215,000 | $ 106,000 |
| Douglas, Wisconsin | 1 | $ 65,000 | $ 65,000 | $ 69,000 |
| Juneau, Wisconsin | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Waupaca, Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 100,000 |
| Wood, Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 80,000 |
Mortgage Loan Application Detail Totals for Farmers & Merchants Union 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 | 85 | $15,545,000 | $182,000 | $965,000 | $96,000 | $1,087,000 |
| Cash-out Refinancing | 17 | $2,535,000 | $149,000 | $295,000 | $93,000 | $180,000 |
| Refinancing | 17 | $1,985,000 | $116,000 | $215,000 | $60,000 | $107,000 |
| Home Improvement | 9 | $765,000 | $85,000 | $265,000 | $152,000 | $636,000 |
| Other Purpose | 3 | $105,000 | $35,000 | $55,000 | $70,000 | $130,000 |
| 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 | 112 | $16,780,000 | $149,000 | $455,000 | $95,000 | $1,087,000 |
| Not applicable | 15 | $3,675,000 | $245,000 | $965,000 | $0 | $0 |
| Not Provided | 2 | $220,000 | $110,000 | $215,000 | $66,000 | $90,000 |
| Asian | 1 | $225,000 | $225,000 | $225,000 | $118,000 | $118,000 |
| Hispanic | 1 | $35,000 | $35,000 | $35,000 | $84,000 | $84,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 117 | $19,045,000 | $162,000 | $965,000 | $100,000 | $1,087,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 14 | $1,890,000 | $135,000 | $195,000 | $54,000 | $80,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FHA-insured (Federal Housing 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 | 98 | $15,970,000 | $162,000 | $775,000 | $105,000 | $1,087,000 |
| Application Denied By Financial Institution | 29 | $4,515,000 | $155,000 | $965,000 | $71,000 | $180,000 |
| File Closed For Incompleteness | 2 | $160,000 | $80,000 | $125,000 | $36,000 | $38,000 |
| Application Approved But Not Accepted | 1 | $115,000 | $115,000 | $115,000 | $81,000 | $81,000 |
| Application Withdrawn By Applicant | 1 | $175,000 | $175,000 | $175,000 | $45,000 | $45,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 102 | $16,420,000 | $160,000 | $775,000 | $102,000 | $1,087,000 |
| Debt-To-Income Ratio | 13 | $1,445,000 | $111,000 | $285,000 | $70,000 | $180,000 |
| Credit History | 8 | $880,000 | $110,000 | $215,000 | $71,000 | $158,000 |
| Other | 5 | $1,755,000 | $351,000 | $965,000 | $73,000 | $97,000 |
| Collateral | 2 | $350,000 | $175,000 | $195,000 | $104,000 | $140,000 |
| Employment History | 1 | $85,000 | $85,000 | $85,000 | $19,000 | $19,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Farmers & Merchants Union 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 Farmers & Merchants Union 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.
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