M&I Marshall & Ilsley Bank Mortgage Lending & HMDA Data, 2004

In 2004, M&I Marshall & Ilsley Bank of Cedarburg, WI reported 17,714 mortgage applications totaling $3.1 billion, down 30% from 2003. The average application was for $176,681, and applicants reported an average income of $66,929. 79% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Phoenix-Mesa-Scottsdale, AZ (2,752), Madison, WI (2,395) and Milwaukee-Waukesha-West Allis, WI (2,184) (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 17,714
Total Mortgage Loan Application Amount $3,129,744,000
Average Mortgage Loan Application Amount $176,681
Highest Mortgage Loan Application Amount $11,087,000
Average Applicant Income $66,929
Highest Applicant Income $1,740,000

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records M&I Marshall & Ilsley Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2004

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Maricopa, Arizona 2,351 $ 721,579,000 $ 306,924 $ 89,000
Dane, Wisconsin 2,187 $ 380,380,000 $ 173,927 $ 73,000
Milwaukee, Wisconsin 1,270 $ 173,927,000 $ 136,950 $ 49,000
Brown, Wisconsin 623 $ 111,797,000 $ 179,449 $ 55,000
Yavapai, Arizona 543 $ 125,618,000 $ 231,340 $ 69,000
Rock, Wisconsin 520 $ 65,095,000 $ 125,182 $ 49,000
Waukesha, Wisconsin 519 $ 142,864,000 $ 275,267 $ 80,000
Pima, Arizona 443 $ 108,179,000 $ 244,196 $ 65,000
Pinal, Arizona 401 $ 50,783,000 $ 126,640 $ 49,000
Marathon, Wisconsin 390 $ 46,455,000 $ 119,115 $ 44,000
Racine, Wisconsin 351 $ 42,330,000 $ 120,598 $ 71,000
Hennepin, Minnesota 329 $ 66,446,000 $ 201,963 $ 92,000
Outagamie, Wisconsin 326 $ 44,037,000 $ 135,082 $ 50,000
Sheboygan, Wisconsin 310 $ 46,183,000 $ 148,977 $ 74,000
Washington, Wisconsin 298 $ 46,877,000 $ 157,305 $ 67,000
Kenosha, Wisconsin 275 $ 38,305,000 $ 139,290 $ 58,000
Oneida, Wisconsin 257 $ 27,932,000 $ 108,684 $ 69,000
Dodge, Wisconsin 255 $ 39,191,000 $ 153,690 $ 63,000
Winnebago, Wisconsin 239 $ 29,118,000 $ 121,832 $ 62,000
Walworth, Wisconsin 230 $ 35,039,000 $ 152,343 $ 78,000
Vilas, Wisconsin 211 $ 35,034,000 $ 166,037 $ 77,000
Shawano, Wisconsin 193 $ 17,425,000 $ 90,284 $ 46,000
Fond du Lac, Wisconsin 191 $ 30,493,000 $ 159,649 $ 63,000
Sauk, Wisconsin 173 $ 25,891,000 $ 149,658 $ 81,000
Marinette, Wisconsin 170 $ 14,117,000 $ 83,041 $ 65,000
Adams, Wisconsin 169 $ 22,669,000 $ 134,136 $ 46,000
Jefferson, Wisconsin 164 $ 38,562,000 $ 235,134 $ 63,000
Lincoln, Wisconsin 159 $ 12,960,000 $ 81,509 $ 46,000
Portage, Wisconsin 148 $ 14,937,000 $ 100,925 $ 52,000
Manitowoc, Wisconsin 147 $ 14,882,000 $ 101,238 $ 43,000
Wood, Wisconsin 146 $ 23,661,000 $ 162,061 $ 50,000
Columbia, Wisconsin 142 $ 20,102,000 $ 141,563 $ 62,000
Eau Claire, Wisconsin 141 $ 16,614,000 $ 117,829 $ 77,000
Chippewa, Wisconsin 137 $ 14,603,000 $ 106,591 $ 40,000
Clark, Wisconsin 137 $ 11,469,000 $ 83,715 $ 49,000
Waupaca, Wisconsin 134 $ 12,684,000 $ 94,656 $ 39,000
Calumet, Wisconsin 131 $ 15,589,000 $ 119,000 $ 46,000
Coconino, Arizona 128 $ 38,191,000 $ 298,367 $ 87,000
Waushara, Wisconsin 122 $ 12,510,000 $ 102,540 $ 61,000
Ashland, Wisconsin 110 $ 9,927,000 $ 90,245 $ 56,000
Ozaukee, Wisconsin 97 $ 19,403,000 $ 200,030 $ 97,000
La Crosse, Wisconsin 94 $ 8,791,000 $ 93,521 $ 56,000
Juneau, Wisconsin 93 $ 8,512,000 $ 91,526 $ 53,000
Oconto, Wisconsin 92 $ 11,725,000 $ 127,445 $ 65,000
Marquette, Wisconsin 91 $ 9,542,000 $ 104,857 $ 44,000
Mohave, Arizona 88 $ 11,282,000 $ 128,204 $ 60,000
Douglas, Wisconsin 86 $ 6,743,000 $ 78,406 $ 46,000
Langlade, Wisconsin 83 $ 7,921,000 $ 95,433 $ 49,000
Pierce, Wisconsin 76 $ 10,522,000 $ 138,447 $ 68,000
Bayfield, Wisconsin 74 $ 6,450,000 $ 87,162 $ 63,000
Navajo, Arizona 72 $ 14,589,000 $ 202,625 $ 67,000
Iowa, Wisconsin 66 $ 10,109,000 $ 153,166 $ 51,000
Anoka, Minnesota 65 $ 5,784,000 $ 88,984 $ 101,000
Gila, Arizona 64 $ 11,610,000 $ 181,406 $ 77,000
Dakota, Minnesota 59 $ 13,312,000 $ 225,627 $ 93,000
Dunn, Wisconsin 57 $ 8,757,000 $ 153,631 $ 69,000
Kewaunee, Wisconsin 53 $ 8,788,000 $ 165,811 $ 48,000
Green, Wisconsin 50 $ 8,254,000 $ 165,080 $ 50,000
Door, Wisconsin 43 $ 8,170,000 $ 190,000 $ 112,000
Green Lake, Wisconsin 43 $ 6,708,000 $ 156,000 $ 99,000
Ramsey, Minnesota 42 $ 17,266,000 $ 411,095 $ 60,000
Scott, Minnesota 39 $ 4,013,000 $ 102,897 $ 93,000
Grant, Wisconsin 39 $ 4,989,000 $ 127,923 $ 43,000
Cochise, Arizona 38 $ 4,584,000 $ 120,631 $ 51,000
St. Louis, Minnesota 38 $ 6,809,000 $ 179,184 $ 51,000
Richland, Wisconsin 37 $ 3,333,000 $ 90,081 $ 53,000
Washington, Minnesota 36 $ 7,995,000 $ 222,083 $ 110,000
Cook, Illinois 29 $ 5,988,000 $ 206,482 $ 110,000
Monroe, Wisconsin 26 $ 5,422,000 $ 208,538 $ 32,000
Wright, Minnesota 23 $ 4,828,000 $ 209,913 $ 67,000
Carver, Minnesota 22 $ 2,645,000 $ 120,227 $ 79,000
Clark, Nevada 21 $ 15,733,000 $ 749,190 $ 12,000
Santa Cruz, Arizona 18 $ 5,607,000 $ 311,500 $ 73,000
Lee, Florida 18 $ 4,629,000 $ 257,166 $ 171,000
Goodhue, Minnesota 18 $ 2,383,000 $ 132,388 $ 85,000
Jackson, Missouri 18 $ 858,000 $ 47,666 $ 0
Forest, Wisconsin 17 $ 1,709,000 $ 100,529 $ 60,000
Menominee, Michigan 16 $ 2,520,000 $ 157,500 $ 98,000
St. Croix, Wisconsin 16 $ 4,208,000 $ 263,000 $ 76,000
Apache, Arizona 15 $ 3,133,000 $ 208,866 $ 87,000
Lake, Illinois 15 $ 3,755,000 $ 250,333 $ 151,000
Winnebago, Illinois 15 $ 1,593,000 $ 106,200 $ 40,000
Sherburne, Minnesota 14 $ 1,305,000 $ 93,214 $ 64,000
Taylor, Wisconsin 14 $ 2,291,000 $ 163,642 $ 64,000
Vernon, Wisconsin 14 $ 1,965,000 $ 140,357 $ 54,000
Sawyer, Wisconsin 13 $ 2,173,000 $ 167,153 $ 118,000
Trempealeau, Wisconsin 12 $ 1,901,000 $ 158,416 $ 38,000
Collier, Florida 10 $ 5,503,000 $ 550,300 $ 211,000
Gogebic, Michigan 10 $ 1,270,000 $ 127,000 $ 92,000
Iron, Wisconsin 10 $ 1,116,000 $ 111,600 $ 63,000
McHenry, Illinois 9 $ 7,956,000 $ 884,000 $ 80,000
Barron, Wisconsin 9 $ 2,140,000 $ 237,777 $ 57,000
Menominee, Wisconsin 9 $ 536,000 $ 59,555 $ 94,000
Pepin, Wisconsin 9 $ 1,033,000 $ 114,777 $ 70,000
Price, Wisconsin 9 $ 978,000 $ 108,666 $ 44,000
Boone, Illinois 8 $ 1,770,000 $ 221,250 $ 75,000
Stearns, Minnesota 8 $ 386,000 $ 48,250 $ 62,000
Steele, Minnesota 8 $ 257,000 $ 32,125 $ 91,000
St. Louis, Missouri 7 $ 397,000 $ 56,714 $ 23,000
Crawford, Wisconsin 7 $ 1,155,000 $ 165,000 $ 106,000
Florence, Wisconsin 7 $ 692,000 $ 98,857 $ 88,000
Washburn, Wisconsin 7 $ 1,189,000 $ 169,857 $ 192,000
Dickinson, Michigan 6 $ 552,000 $ 92,000 $ 70,000
Buffalo, Wisconsin 6 $ 623,000 $ 103,833 $ 55,000
Lafayette, Wisconsin 6 $ 722,000 $ 120,333 $ 80,000
Sarasota, Florida 5 $ 1,296,000 $ 259,200 $ 141,000
Isanti, Minnesota 5 $ 1,123,000 $ 224,600 $ 94,000
Rusk, Wisconsin 5 $ 332,000 $ 66,400 $ 67,000
Pinellas, Florida 4 $ 834,000 $ 208,500 $ 364,000
St. Clair, Illinois 4 $ 164,000 $ 41,000 $ 0
Iron, Michigan 4 $ 889,000 $ 222,250 $ 203,000
Cass, Minnesota 4 $ 1,031,000 $ 257,750 $ 276,000
Davidson, Tennessee 4 $ 206,000 $ 51,500 $ 0
Yuma, Arizona 3 $ 516,000 $ 172,000 $ 63,000
Broward, Florida 3 $ 648,000 $ 216,000 $ 243,000
Okaloosa, Florida 3 $ 611,000 $ 203,666 $ 53,000
Madison, Illinois 3 $ 131,000 $ 43,666 $ 0
Carlton, Minnesota 3 $ 531,000 $ 177,000 $ 63,000
Crow Wing, Minnesota 3 $ 1,050,000 $ 350,000 $ 185,000
Lake, Minnesota 3 $ 373,000 $ 124,333 $ 79,000
Mille Lacs, Minnesota 3 $ 158,000 $ 52,666 $ 34,000
Olmsted, Minnesota 3 $ 163,000 $ 54,333 $ 46,000
Buchanan, Missouri 3 $ 143,000 $ 47,666 $ 0
Cass, Missouri 3 $ 130,000 $ 43,333 $ 0
Jackson, Wisconsin 3 $ 266,000 $ 88,666 $ 40,000
Polk, Wisconsin 3 $ 583,000 $ 194,333 $ 75,000
Graham, Arizona 2 $ 184,000 $ 92,000 $ 37,000
Highlands, Florida 2 $ 352,000 $ 176,000 $ 0
Hillsborough, Florida 2 $ 660,000 $ 330,000 $ 213,000
Palm Beach, Florida 2 $ 3,286,000 $ 1,643,000 $ 425,000
St. Johns, Florida 2 $ 171,000 $ 85,500 $ 41,000
Walton, Florida 2 $ 334,000 $ 167,000 $ 0
DuPage, Illinois 2 $ 229,000 $ 114,500 $ 58,000
Henry, Illinois 2 $ 56,000 $ 28,000 $ 36,000
Whiteside, Illinois 2 $ 150,000 $ 75,000 $ 105,000
Jefferson, Kentucky 2 $ 107,000 $ 53,500 $ 0
Keweenaw, Michigan 2 $ 127,000 $ 63,500 $ 0
Ontonagon, Michigan 2 $ 208,000 $ 104,000 $ 123,000
Blue Earth, Minnesota 2 $ 179,000 $ 89,500 $ 86,000
Chisago, Minnesota 2 $ 511,000 $ 255,500 $ 249,000
Freeborn, Minnesota 2 $ 85,000 $ 42,500 $ 125,000
Nicollet, Minnesota 2 $ 191,000 $ 95,500 $ 96,000
Sibley, Minnesota 2 $ 157,000 $ 78,500 $ 47,000
St. Charles, Missouri 2 $ 176,000 $ 88,000 $ 0
St. Louis City, Missouri 2 $ 142,000 $ 71,000 $ 59,000
Nye, Nevada 2 $ 311,000 $ 155,500 $ 40,000
Burnett, Wisconsin 2 $ 88,000 $ 44,000 $ 126,000
La Paz, Arizona 1 $ 87,000 $ 87,000 $ 28,000
Riverside, California 1 $ 2,475,000 $ 2,475,000 $ 0
Charlotte, Florida 1 $ 52,000 $ 52,000 $ 118,000
Citrus, Florida 1 $ 592,000 $ 592,000 $ 479,000
Hernando, Florida 1 $ 96,000 $ 96,000 $ 39,000
Lake, Florida 1 $ 42,000 $ 42,000 $ 0
Manatee, Florida 1 $ 125,000 $ 125,000 $ 54,000
Miami-Dade, Florida 1 $ 484,000 $ 484,000 $ 282,000
Volusia, Florida 1 $ 123,000 $ 123,000 $ 264,000
DeKalb, Illinois 1 $ 2,000 $ 2,000 $ 0
Jo Daviess, Illinois 1 $ 70,000 $ 70,000 $ 54,000
Kane, Illinois 1 $ 248,000 $ 248,000 $ 0
Piatt, Illinois 1 $ 1,110,000 $ 1,110,000 $ 625,000
Douglas, Kansas 1 $ 39,000 $ 39,000 $ 0
Alger, Michigan 1 $ 75,000 $ 75,000 $ 0
Baraga, Michigan 1 $ 510,000 $ 510,000 $ 0
Jackson, Michigan 1 $ 83,000 $ 83,000 $ 50,000
Kent, Michigan 1 $ 240,000 $ 240,000 $ 236,000
Macomb, Michigan 1 $ 48,000 $ 48,000 $ 104,000
Marquette, Michigan 1 $ 92,000 $ 92,000 $ 131,000
Midland, Michigan 1 $ 160,000 $ 160,000 $ 43,000
Washtenaw, Michigan 1 $ 140,000 $ 140,000 $ 46,000
Cook, Minnesota 1 $ 428,000 $ 428,000 $ 170,000
Dodge, Minnesota 1 $ 10,000 $ 10,000 $ 69,000
Douglas, Minnesota 1 $ 33,000 $ 33,000 $ 357,000
Fillmore, Minnesota 1 $ 129,000 $ 129,000 $ 32,000
Kanabec, Minnesota 1 $ 105,000 $ 105,000 $ 0
Kandiyohi, Minnesota 1 $ 246,000 $ 246,000 $ 49,000
Morrison, Minnesota 1 $ 165,000 $ 165,000 $ 58,000
Otter Tail, Minnesota 1 $ 29,000 $ 29,000 $ 63,000
Pope, Minnesota 1 $ 60,000 $ 60,000 $ 36,000
Rice, Minnesota 1 $ 200,000 $ 200,000 $ 235,000
Douglas, Missouri 1 $ 52,000 $ 52,000 $ 88,000
Gasconade, Missouri 1 $ 26,000 $ 26,000 $ 0
Jefferson, Missouri 1 $ 75,000 $ 75,000 $ 0
Minnehaha, South Dakota 1 $ 2,500,000 $ 2,500,000 $ 0
Sumner, Tennessee 1 $ 72,000 $ 72,000 $ 0

Mortgage Loan Application Detail Totals for M&I Marshall & Ilsley Bank in 2004

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 10,334 $2,156,236,000 $522,153 $9,140,000 $55,615 $1,740,000
Refinancing 6,024 $832,362,000 $412,777 $11,087,000 $60,555 $1,200,000
Home Improvement 1,356 $141,146,000 $139,400 $6,289,000 $67,600 $882,000

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 14,125 $2,254,646,000 $160,555 $7,896,000 $88,222 $1,740,000
Not Provided 1,322 $271,928,000 $193,125 $2,775,000 $185,375 $1,722,000
Not applicable 823 $424,249,000 $784,230 $11,087,000 $1,076 $190,000
Hispanic 755 $92,565,000 $115,200 $1,295,000 $61,600 $445,000
Black or African American 321 $35,999,000 $127,600 $3,150,000 $87,600 $903,000
Asian 272 $40,143,000 $160,400 $1,146,000 $50,800 $588,000
American Indian or Alaskan Native 57 $5,150,000 $78,666 $319,000 $48,000 $141,000
Native Hawaiian or Other Pacific Islander 39 $5,064,000 $222,750 $481,000 $129,000 $324,000

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) 17,663 $3,127,197,000 $553,769 $11,087,000 $53,230 $1,740,000
FHA-insured (Federal Housing Administration) 37 $1,771,000 $48,000 $75,000 $0 $0
VA-guaranteed (Veterans Administration) 14 $776,000 $58,000 $116,000 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 14,038 $2,602,643,000 $731,800 $11,087,000 $74,300 $1,740,000
Application Denied By Financial Institution 1,735 $206,792,000 $139,142 $3,440,000 $43,571 $996,000
Application Approved But Not Accepted 865 $140,859,000 $192,000 $2,800,000 $77,500 $1,105,000
Application Withdrawn By Applicant 650 $135,012,000 $170,125 $5,025,000 $51,875 $903,000
File Closed For Incompleteness 165 $33,209,000 $133,750 $1,245,000 $98,000 $540,000
Preapproval Denied by Financial Institution 164 $6,317,000 $38,000 $209,000 $33,000 $150,000
Loan Purchased By The Institution 97 $4,912,000 $65,250 $358,000 $0 $0
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 757 $51,010,000 $91,200 $995,000 $49,600 $581,000
Debt-To-Income Ratio 583 $66,400,000 $142,000 $3,440,000 $31,142 $288,000
Collateral 203 $18,893,000 $92,500 $835,000 $71,000 $490,000
Other 124 $18,729,000 $124,250 $1,630,000 $54,000 $318,000
Credit Application Incomplete 118 $30,604,000 $127,000 $1,800,000 $65,000 $996,000
Insufficient Cash (Downpayment, Closing Cost) 70 $20,316,000 $243,000 $1,146,000 $56,000 $840,000
Unverifiable Information 39 $6,695,000 $137,500 $1,000,000 $72,250 $311,000
Employment History 5 $462,000 $77,000 $221,000 $28,333 $69,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into M&I Marshall & Ilsley Bank's 2004 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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