M&I Marshall & Ilsley Bank Mortgage Lending & HMDA Data, 2003

In 2003, M&I Marshall & Ilsley Bank of Cedarburg, WI reported 25,343 mortgage applications totaling $3.8 billion. The average application was for $151,538, and applicants reported an average income of $66,252. 80% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Milwaukee-Waukesha, WI (4,175), Madison, WI (3,017) and Phoenix-Mesa, AZ (2,479) (applications in parentheses).

Mortgage Company & Address M&I Marshall & Ilsley Bank
W57n14280 Doerr Way
Cedarburg, WI 53012
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 25,343
Total Mortgage Loan Application Amount $3,840,439,000
Average Mortgage Loan Application Amount $151,538
Highest Mortgage Loan Application Amount $16,400,000
Average Applicant Income $66,252
Highest Applicant Income $5,903,000

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records M&I Marshall & Ilsley Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for M&I Marshall & Ilsley Bank by County in 2003

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Dane, Wisconsin 3,017 $ 600,790,000 $ 199,134 $ 72,000
Maricopa, Arizona 2,268 $ 649,609,000 $ 286,423 $ 72,000
Milwaukee, Wisconsin 2,242 $ 279,830,000 $ 124,812 $ 49,000
Waukesha, Wisconsin 1,170 $ 209,909,000 $ 179,409 $ 74,000
Brown, Wisconsin 1,166 $ 145,329,000 $ 124,638 $ 55,000
Rock, Wisconsin 928 $ 92,802,000 $ 100,002 $ 65,000
Outagamie, Wisconsin 722 $ 73,320,000 $ 101,551 $ 69,000
Marathon, Wisconsin 678 $ 53,150,000 $ 78,392 $ 59,000
Racine, Wisconsin 676 $ 88,124,000 $ 130,360 $ 51,000
Winnebago, Wisconsin 550 $ 68,728,000 $ 124,960 $ 52,000
Washington, Wisconsin 525 $ 69,191,000 $ 131,792 $ 61,000
Kenosha, Wisconsin 521 $ 73,806,000 $ 141,662 $ 67,000
Dodge, Wisconsin 475 $ 54,199,000 $ 114,103 $ 47,000
Sheboygan, Wisconsin 442 $ 46,638,000 $ 105,515 $ 61,000
Pima, Arizona 439 $ 105,693,000 $ 240,758 $ 67,000
Fond du Lac, Wisconsin 429 $ 53,989,000 $ 125,848 $ 59,000
Oneida, Wisconsin 410 $ 41,392,000 $ 100,956 $ 61,000
Vilas, Wisconsin 403 $ 56,413,000 $ 139,982 $ 102,000
Yavapai, Arizona 355 $ 79,796,000 $ 224,777 $ 91,000
Walworth, Wisconsin 348 $ 47,191,000 $ 135,606 $ 54,000
Shawano, Wisconsin 336 $ 28,420,000 $ 84,583 $ 59,000
Lincoln, Wisconsin 304 $ 18,657,000 $ 61,371 $ 45,000
Portage, Wisconsin 303 $ 27,192,000 $ 89,742 $ 49,000
Marinette, Wisconsin 280 $ 19,270,000 $ 68,821 $ 51,000
Hennepin, Minnesota 279 $ 66,663,000 $ 238,935 $ 65,000
Calumet, Wisconsin 274 $ 25,490,000 $ 93,029 $ 46,000
Manitowoc, Wisconsin 267 $ 25,269,000 $ 94,640 $ 55,000
Wood, Wisconsin 263 $ 26,958,000 $ 102,501 $ 64,000
Jefferson, Wisconsin 255 $ 50,399,000 $ 197,643 $ 49,000
Ozaukee, Wisconsin 238 $ 41,781,000 $ 175,550 $ 101,000
Adams, Wisconsin 229 $ 12,858,000 $ 56,148 $ 41,000
Clark, Wisconsin 229 $ 14,762,000 $ 64,462 $ 40,000
Pinal, Arizona 211 $ 27,704,000 $ 131,298 $ 47,000
Waupaca, Wisconsin 198 $ 16,219,000 $ 81,914 $ 61,000
Eau Claire, Wisconsin 193 $ 23,491,000 $ 121,715 $ 55,000
Sauk, Wisconsin 191 $ 34,060,000 $ 178,324 $ 56,000
Waushara, Wisconsin 183 $ 13,975,000 $ 76,366 $ 46,000
La Crosse, Wisconsin 177 $ 15,439,000 $ 87,225 $ 53,000
Chippewa, Wisconsin 165 $ 16,146,000 $ 97,854 $ 54,000
Juneau, Wisconsin 161 $ 11,579,000 $ 71,919 $ 38,000
Columbia, Wisconsin 159 $ 20,232,000 $ 127,245 $ 83,000
Oconto, Wisconsin 156 $ 13,526,000 $ 86,705 $ 47,000
Ashland, Wisconsin 142 $ 9,140,000 $ 64,366 $ 49,000
Pierce, Wisconsin 122 $ 14,308,000 $ 117,278 $ 57,000
Bayfield, Wisconsin 119 $ 9,009,000 $ 75,705 $ 52,000
Douglas, Wisconsin 115 $ 11,066,000 $ 96,226 $ 49,000
Coconino, Arizona 110 $ 28,462,000 $ 258,745 $ 80,000
Langlade, Wisconsin 110 $ 9,063,000 $ 82,390 $ 58,000
Marquette, Wisconsin 110 $ 10,122,000 $ 92,018 $ 53,000
Dunn, Wisconsin 109 $ 12,039,000 $ 110,449 $ 54,000
Iowa, Wisconsin 95 $ 9,823,000 $ 103,400 $ 52,000
Kewaunee, Wisconsin 88 $ 13,136,000 $ 149,272 $ 52,000
Door, Wisconsin 77 $ 13,506,000 $ 175,402 $ 174,000
Dakota, Minnesota 66 $ 6,055,000 $ 91,742 $ 77,000
Anoka, Minnesota 65 $ 7,272,000 $ 111,876 $ 83,000
Green Lake, Wisconsin 62 $ 8,704,000 $ 140,387 $ 74,000
Navajo, Arizona 59 $ 13,445,000 $ 227,881 $ 78,000
Ramsey, Minnesota 59 $ 19,649,000 $ 333,033 $ 48,000
Richland, Wisconsin 57 $ 5,305,000 $ 93,070 $ 48,000
Green, Wisconsin 54 $ 6,199,000 $ 114,796 $ 58,000
Monroe, Wisconsin 45 $ 6,834,000 $ 151,866 $ 44,000
St. Louis, Minnesota 43 $ 6,898,000 $ 160,418 $ 50,000
Grant, Wisconsin 43 $ 4,303,000 $ 100,069 $ 39,000
Cook, Illinois 39 $ 7,752,000 $ 198,769 $ 148,000
Winnebago, Illinois 30 $ 4,134,000 $ 137,800 $ 96,000
Gila, Arizona 28 $ 6,301,000 $ 225,035 $ 81,000
Scott, Minnesota 28 $ 3,032,000 $ 108,285 $ 51,000
St. Croix, Wisconsin 28 $ 4,660,000 $ 166,428 $ 62,000
Lake, Illinois 24 $ 3,534,000 $ 147,250 $ 84,000
Washington, Minnesota 24 $ 8,593,000 $ 358,041 $ 72,000
Forest, Wisconsin 23 $ 2,578,000 $ 112,086 $ 82,000
Menominee, Michigan 21 $ 1,498,000 $ 71,333 $ 55,000
Carver, Minnesota 21 $ 2,142,000 $ 102,000 $ 87,000
Taylor, Wisconsin 20 $ 1,503,000 $ 75,150 $ 64,000
Clark, Nevada 17 $ 3,723,000 $ 219,000 $ 89,000
Trempealeau, Wisconsin 16 $ 1,912,000 $ 119,500 $ 133,000
Gogebic, Michigan 15 $ 1,520,000 $ 101,333 $ 74,000
Olmsted, Minnesota 15 $ 1,681,000 $ 112,066 $ 262,000
Iron, Wisconsin 15 $ 1,051,000 $ 70,066 $ 66,000
Price, Wisconsin 15 $ 1,303,000 $ 86,866 $ 42,000
Lee, Florida 13 $ 4,002,000 $ 307,846 $ 154,000
Menominee, Wisconsin 13 $ 977,000 $ 75,153 $ 106,000
Mohave, Arizona 12 $ 1,030,000 $ 85,833 $ 70,000
Santa Cruz, Arizona 12 $ 3,086,000 $ 257,166 $ 59,000
Vernon, Wisconsin 12 $ 1,267,000 $ 105,583 $ 31,000
Goodhue, Minnesota 11 $ 1,746,000 $ 158,727 $ 84,000
Barron, Wisconsin 11 $ 2,435,000 $ 221,363 $ 51,000
Jackson, Wisconsin 11 $ 891,000 $ 81,000 $ 40,000
Cochise, Arizona 10 $ 997,000 $ 99,700 $ 60,000
Sawyer, Wisconsin 10 $ 1,572,000 $ 157,200 $ 136,000
Collier, Florida 9 $ 3,426,000 $ 380,666 $ 250,000
Wright, Minnesota 9 $ 1,633,000 $ 181,444 $ 136,000
Lafayette, Wisconsin 9 $ 1,029,000 $ 114,333 $ 79,000
Polk, Wisconsin 9 $ 1,433,000 $ 159,222 $ 103,000
Buffalo, Wisconsin 8 $ 460,000 $ 57,500 $ 46,000
Carlton, Minnesota 7 $ 583,000 $ 83,285 $ 23,000
Chisago, Minnesota 7 $ 687,000 $ 98,142 $ 304,000
Houston, Minnesota 7 $ 774,000 $ 110,571 $ 85,000
Rusk, Wisconsin 7 $ 665,000 $ 95,000 $ 47,000
Sarasota, Florida 6 $ 26,149,000 $ 4,358,166 $ 476,000
Isanti, Minnesota 6 $ 379,000 $ 63,166 $ 67,000
Crawford, Wisconsin 6 $ 437,000 $ 72,833 $ 52,000
Pepin, Wisconsin 6 $ 633,000 $ 105,500 $ 59,000
Apache, Arizona 5 $ 933,000 $ 186,600 $ 69,000
Lake, Florida 5 $ 375,000 $ 75,000 $ 63,000
Iron, Michigan 5 $ 344,000 $ 68,800 $ 148,000
Crow Wing, Minnesota 5 $ 1,080,000 $ 216,000 $ 622,000
Sherburne, Minnesota 5 $ 451,000 $ 90,200 $ 62,000
Florence, Wisconsin 5 $ 650,000 $ 130,000 $ 76,000
Charlotte, Florida 4 $ 447,000 $ 111,750 $ 110,000
Pasco, Florida 4 $ 102,000 $ 25,500 $ 68,000
Pinellas, Florida 4 $ 1,547,000 $ 386,750 $ 275,000
McHenry, Illinois 4 $ 9,325,000 $ 2,331,250 $ 84,000
Polk, Iowa 4 $ 10,690,000 $ 2,672,500 $ 0
Dickinson, Michigan 4 $ 271,000 $ 67,750 $ 58,000
Stearns, Minnesota 4 $ 1,163,000 $ 290,750 $ 78,000
Steele, Minnesota 4 $ 153,000 $ 38,250 $ 63,000
Burnett, Wisconsin 4 $ 348,000 $ 87,000 $ 103,000
Washburn, Wisconsin 4 $ 1,096,000 $ 274,000 $ 116,000
Yuma, Arizona 3 $ 559,000 $ 186,333 $ 217,000
Palm Beach, Florida 3 $ 1,858,000 $ 619,333 $ 312,000
DeKalb, Illinois 3 $ 331,000 $ 110,333 $ 73,000
Jo Daviess, Illinois 3 $ 179,000 $ 59,666 $ 26,000
Kane, Illinois 3 $ 383,000 $ 127,666 $ 197,000
Delta, Michigan 3 $ 179,000 $ 59,666 $ 51,000
Benton, Minnesota 3 $ 1,651,000 $ 550,333 $ 10,000
Cass, Minnesota 3 $ 264,000 $ 88,000 $ 124,000
Cook, Minnesota 3 $ 302,000 $ 100,666 $ 112,000
Itasca, Minnesota 3 $ 331,000 $ 110,333 $ 63,000
Pine, Minnesota 3 $ 855,000 $ 285,000 $ 20,000
Rice, Minnesota 3 $ 127,000 $ 42,333 $ 70,000
Winona, Minnesota 3 $ 4,302,000 $ 1,434,000 $ 35,000
Broward, Florida 2 $ 312,000 $ 156,000 $ 119,000
Monroe, Florida 2 $ 1,435,000 $ 717,500 $ 341,000
Okaloosa, Florida 2 $ 355,000 $ 177,500 $ 107,000
Osceola, Florida 2 $ 398,000 $ 199,000 $ 72,000
Volusia, Florida 2 $ 518,000 $ 259,000 $ 360,000
Will, Illinois 2 $ 114,000 $ 57,000 $ 26,000
Douglas, Minnesota 2 $ 801,000 $ 400,500 $ 363,000
Camden, Missouri 2 $ 131,000 $ 65,500 $ 210,000
San Luis Obispo, California 1 $ 1,100,000 $ 1,100,000 $ 0
Pitkin, Colorado 1 $ 600,000 $ 600,000 $ 0
Alachua, Florida 1 $ 50,000 $ 50,000 $ 164,000
Brevard, Florida 1 $ 510,000 $ 510,000 $ 0
Hernando, Florida 1 $ 100,000 $ 100,000 $ 83,000
Hillsborough, Florida 1 $ 6,000 $ 6,000 $ 56,000
Manatee, Florida 1 $ 300,000 $ 300,000 $ 150,000
Polk, Florida 1 $ 68,000 $ 68,000 $ 370,000
Boone, Illinois 1 $ 122,000 $ 122,000 $ 0
DuPage, Illinois 1 $ 150,000 $ 150,000 $ 221,000
Iroquois, Illinois 1 $ 102,000 $ 102,000 $ 272,000
Madison, Illinois 1 $ 43,000 $ 43,000 $ 0
Stephenson, Illinois 1 $ 96,000 $ 96,000 $ 61,000
Washington, Illinois 1 $ 50,000 $ 50,000 $ 110,000
St. Joseph, Indiana 1 $ 72,000 $ 72,000 $ 242,000
Allamakee, Iowa 1 $ 33,000 $ 33,000 $ 54,000
Iowa, Iowa 1 $ 14,000 $ 14,000 $ 46,000
Alger, Michigan 1 $ 58,000 $ 58,000 $ 95,000
Cheboygan, Michigan 1 $ 80,000 $ 80,000 $ 80,000
Houghton, Michigan 1 $ 60,000 $ 60,000 $ 27,000
Ingham, Michigan 1 $ 94,000 $ 94,000 $ 82,000
Marquette, Michigan 1 $ 342,000 $ 342,000 $ 472,000
Ontonagon, Michigan 1 $ 320,000 $ 320,000 $ 58,000
Schoolcraft, Michigan 1 $ 126,000 $ 126,000 $ 56,000
Washtenaw, Michigan 1 $ 245,000 $ 245,000 $ 177,000
Wayne, Michigan 1 $ 145,000 $ 145,000 $ 47,000
Aitkin, Minnesota 1 $ 40,000 $ 40,000 $ 101,000
Becker, Minnesota 1 $ 18,000 $ 18,000 $ 44,000
Brown, Minnesota 1 $ 50,000 $ 50,000 $ 41,000
Cottonwood, Minnesota 1 $ 40,000 $ 40,000 $ 68,000
Fillmore, Minnesota 1 $ 417,000 $ 417,000 $ 139,000
Le Sueur, Minnesota 1 $ 34,000 $ 34,000 $ 54,000
Meeker, Minnesota 1 $ 121,000 $ 121,000 $ 66,000
Morrison, Minnesota 1 $ 150,000 $ 150,000 $ 82,000
Sibley, Minnesota 1 $ 11,000 $ 11,000 $ 79,000
Wabasha, Minnesota 1 $ 13,000 $ 13,000 $ 30,000
Wadena, Minnesota 1 $ 50,000 $ 50,000 $ 26,000
Waseca, Minnesota 1 $ 50,000 $ 50,000 $ 26,000
Buchanan, Missouri 1 $ 1,000 $ 1,000 $ 0
Callaway, Missouri 1 $ 549,000 $ 549,000 $ 0
St. Louis, Missouri 1 $ 503,000 $ 503,000 $ 0
St. Louis City, Missouri 1 $ 48,000 $ 48,000 $ 0
Stone, Missouri 1 $ 65,000 $ 65,000 $ 119,000
Monroe, New York 1 $ 65,000 $ 65,000 $ 300,000
Cass, North Dakota 1 $ 1,112,000 $ 1,112,000 $ 0
Hamilton, Ohio 1 $ 9,440,000 $ 9,440,000 $ 0
Teton, Wyoming 1 $ 617,000 $ 617,000 $ 0

Mortgage Loan Application Detail Totals for M&I Marshall & Ilsley Bank in 2003

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
Refinancing (home purchase or home improvement, one-to-four family) 15,235 $1,565,822,000 $207,700 $3,250,000 $82,200 $3,096,000
Home Purchase (one-to-four family) 8,279 $1,456,911,000 $266,166 $3,492,000 $99,250 $5,903,000
Home Improvement (one-to-four family) 1,177 $33,094,000 $41,285 $800,000 $119,571 $2,004,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 652 $784,612,000 $2,809,000 $16,400,000 $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 22,189 $2,891,743,000 $899,461 $9,440,000 $96,538 $5,903,000
Information not provided by applicant in mail or telephone application 965 $186,058,000 $256,375 $3,000,000 $103,500 $2,000,000
Not applicable 657 $588,722,000 $1,375,545 $16,400,000 $1,636 $840,000
Hispanic 647 $69,718,000 $106,166 $937,000 $83,000 $501,000
Black 366 $30,216,000 $154,500 $1,839,000 $66,500 $779,000
Asian or Pacific Islander 354 $50,815,000 $189,000 $1,951,000 $84,500 $650,000
Other 90 $17,356,000 $219,333 $1,500,000 $124,000 $1,108,000
American Indian or Alaskan Native 75 $5,811,000 $180,500 $490,000 $93,500 $430,000

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) 25,343 $3,840,439,000 $987,117 $16,400,000 $79,411 $5,903,000
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 20,183 $3,186,977,000 $651,214 $16,400,000 $81,571 $5,903,000
Application Denied By Financial Institution 2,736 $240,143,000 $132,000 $5,600,000 $78,636 $849,000
Application Approved But Not Accepted 1,072 $161,671,000 $188,000 $10,200,000 $112,833 $2,641,000
Application Withdrawn By Applicant 935 $187,704,000 $1,349,666 $9,440,000 $55,333 $2,000,000
File Closed For Incompleteness 381 $61,926,000 $126,800 $3,250,000 $70,000 $660,000
Loan Purchased By The Institution 36 $2,018,000 $98,800 $254,000 $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 1,110 $74,919,000 $91,375 $2,300,000 $108,750 $533,000
Debt-To-Income Ratio 969 $86,705,000 $168,000 $4,000,000 $42,125 $430,000
Collateral 337 $34,085,000 $79,857 $1,864,000 $60,571 $849,000
Other 179 $19,671,000 $77,200 $935,000 $68,200 $840,000
Unverifiable Information 47 $7,797,000 $187,500 $980,000 $72,000 $322,000
Credit Application Incomplete 40 $2,666,000 $50,000 $321,000 $72,666 $264,000
Insufficient Cash (Downpayment, Closing Cost) 35 $12,038,000 $243,666 $5,600,000 $57,333 $250,000
Employment History 14 $1,171,000 $132,000 $406,000 $43,000 $86,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into M&I Marshall & Ilsley Bank's 2003 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 M&I Marshall & Ilsley 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.
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