Great Midwest Bank SSB Mortgage Lending & HMDA Data, 2025

In 2025, Great Midwest Bank SSB of Brookfield, WI reported 825 mortgage applications totaling $437.8 million, up 5% from 2024. The average application was for $530,721, and applicants reported an average income of $201,567. 47% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (404), Racine, WI (27) and Madison, WI (22) (applications in parentheses).

Mortgage Company & Address Great Midwest Bank SSB
15900 W Bluemound Rd
Brookfield, WI 53005
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 825
Total Mortgage Loan Application Amount $437,845,000
Average Mortgage Loan Application Amount $530,721
Highest Mortgage Loan Application Amount $7,605,000
Average Applicant Income $201,567
Highest Applicant Income $3,012,000

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(HMDA) records Great Midwest Bank SSB filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Download the Wisconsin Lender List

Mortgage Loan Application Detail Totals for Great Midwest Bank SSB 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 662 $374,900,000 $566,000 $7,605,000 $205,000 $3,012,000
Refinancing 76 $37,610,000 $494,000 $6,705,000 $201,000 $744,000
Cash-out Refinancing 50 $22,260,000 $445,000 $3,705,000 $205,000 $2,327,000
Home Improvement 23 $2,295,000 $99,000 $805,000 $159,000 $353,000
Other Purpose 14 $780,000 $55,000 $155,000 $100,000 $328,000
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 558 $270,190,000 $484,000 $2,685,000 $217,000 $3,012,000
Not applicable 62 $99,510,000 $1,605,000 $7,605,000 $540,000 $744,000
Black or African American 62 $12,040,000 $194,000 $1,235,000 $96,000 $580,000
Not Provided 58 $22,610,000 $389,000 $1,745,000 $191,000 $1,096,000
Hispanic 57 $16,535,000 $290,000 $1,235,000 $142,000 $540,000
Asian 26 $15,780,000 $606,000 $1,795,000 $190,000 $505,000
American Indian or Alaskan Native 2 $1,180,000 $590,000 $905,000 $525,000 $723,000
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) 825 $437,845,000 $530,000 $7,605,000 $201,000 $3,012,000
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 391 $199,895,000 $511,000 $7,155,000 $223,000 $3,012,000
Preapproval Approved but not Accepted 208 $100,810,000 $484,000 $1,985,000 $192,000 $821,000
Application Withdrawn By Applicant 81 $33,825,000 $417,000 $1,235,000 $225,000 $791,000
Loan Purchased By The Institution 52 $77,100,000 $1,482,000 $7,605,000 $0 $0
Preapproval Denied by Financial Institution 46 $14,260,000 $310,000 $1,375,000 $93,000 $328,000
Application Denied By Financial Institution 28 $4,850,000 $173,000 $545,000 $91,000 $328,000
Application Approved But Not Accepted 11 $4,595,000 $417,000 $895,000 $186,000 $477,000
File Closed For Incompleteness 8 $2,510,000 $313,000 $525,000 $182,000 $522,000

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 751 $418,735,000 $557,000 $7,605,000 $213,000 $3,012,000
Credit History 31 $4,415,000 $142,000 $425,000 $97,000 $328,000
Debt-To-Income Ratio 31 $10,685,000 $344,000 $1,375,000 $80,000 $252,000
Insufficient Cash (Downpayment, Closing Cost) 7 $2,515,000 $359,000 $665,000 $110,000 $267,000
Other 2 $1,140,000 $570,000 $605,000 $175,000 $192,000
Collateral 2 $170,000 $85,000 $115,000 $87,000 $129,000
Employment History 1 $185,000 $185,000 $185,000 $69,000 $69,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Great Midwest Bank SSB'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 Great Midwest Bank SSB'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.

Download the Wisconsin Lender List