Marine Credit Union Mortgage Lending & HMDA Data, 2023

In 2023, Marine Credit Union of La Crosse, WI reported 3,169 mortgage applications totaling $365.5 million, down 10% from 2022. The average application was for $115,329, and applicants reported an average income of $86,075. 35% of its applications resulted in an originated loan and 34% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (452), Des Moines-West Des Moines, IA (259) and Fond Du Lac, WI (223) (applications in parentheses).

Mortgage Company & Address Marine Credit Union
811 Monitor Street
La Crosse, WI 54601
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 3,169
Total Mortgage Loan Application Amount $365,480,000
Average Mortgage Loan Application Amount $115,329
Highest Mortgage Loan Application Amount $7,675,000
Average Applicant Income $86,075
Highest Applicant Income $849,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Marine Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Marine Credit Union by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Milwaukee, Wisconsin 361 $ 38,390,000 $ 106,343 $ 81,000
Fond du Lac, Wisconsin 223 $ 20,185,000 $ 90,515 $ 84,000
Polk, Iowa 193 $ 22,285,000 $ 115,466 $ 82,000
Brown, Wisconsin 134 $ 18,840,000 $ 140,597 $ 87,000
La Crosse, Wisconsin 100 $ 11,840,000 $ 118,400 $ 82,000
Chippewa, Wisconsin 88 $ 9,930,000 $ 112,840 $ 102,000
Racine, Wisconsin 84 $ 9,420,000 $ 112,142 $ 98,000
Eau Claire, Wisconsin 80 $ 9,790,000 $ 122,375 $ 81,000
Outagamie, Wisconsin 72 $ 9,030,000 $ 125,416 $ 90,000
Sheboygan, Wisconsin 66 $ 6,220,000 $ 94,242 $ 86,000
Winnebago, Wisconsin 60 $ 7,970,000 $ 132,833 $ 99,000
Dodge, Wisconsin 57 $ 6,005,000 $ 105,350 $ 93,000
Grant, Wisconsin 51 $ 5,325,000 $ 104,411 $ 82,000
Rock Island, Illinois 48 $ 5,180,000 $ 107,916 $ 79,000
Waukesha, Wisconsin 48 $ 9,350,000 $ 194,791 $ 108,000
Crawford, Wisconsin 47 $ 4,715,000 $ 100,319 $ 73,000
Scott, Iowa 43 $ 4,235,000 $ 98,488 $ 80,000
Dane, Wisconsin 43 $ 9,245,000 $ 215,000 $ 112,000
Dunn, Wisconsin 43 $ 4,095,000 $ 95,232 $ 67,000
Manitowoc, Wisconsin 43 $ 6,335,000 $ 147,325 $ 113,000
Rock, Wisconsin 41 $ 5,255,000 $ 128,170 $ 81,000
Kenosha, Wisconsin 40 $ 3,460,000 $ 86,500 $ 73,000
Washington, Wisconsin 33 $ 5,125,000 $ 155,303 $ 123,000
Monroe, Wisconsin 30 $ 2,410,000 $ 80,333 $ 76,000
Waupaca, Wisconsin 30 $ 3,260,000 $ 108,666 $ 78,000
Marinette, Wisconsin 29 $ 2,265,000 $ 78,103 $ 73,000
Warren, Iowa 28 $ 3,370,000 $ 120,357 $ 101,000
Waushara, Wisconsin 28 $ 2,300,000 $ 82,142 $ 76,000
Winona, Minnesota 27 $ 2,945,000 $ 109,074 $ 103,000
Green, Wisconsin 27 $ 3,705,000 $ 137,222 $ 70,000
Olmsted, Minnesota 26 $ 4,610,000 $ 177,307 $ 105,000
Calumet, Wisconsin 26 $ 2,630,000 $ 101,153 $ 75,000
Iowa, Wisconsin 26 $ 3,050,000 $ 117,307 $ 69,000
Vernon, Wisconsin 24 $ 10,300,000 $ 429,166 $ 88,000
Walworth, Wisconsin 24 $ 2,830,000 $ 117,916 $ 98,000
Columbia, Wisconsin 23 $ 3,015,000 $ 131,086 $ 78,000
Oconto, Wisconsin 22 $ 2,040,000 $ 92,727 $ 81,000
Dallas, Iowa 21 $ 2,525,000 $ 120,238 $ 88,000
Trempealeau, Wisconsin 21 $ 1,655,000 $ 78,809 $ 75,000
Allamakee, Iowa 20 $ 1,870,000 $ 93,500 $ 78,000
Clayton, Iowa 20 $ 1,540,000 $ 77,000 $ 67,000
Houston, Minnesota 20 $ 2,000,000 $ 100,000 $ 82,000
Barron, Wisconsin 20 $ 2,260,000 $ 113,000 $ 71,000
Marquette, Wisconsin 20 $ 2,080,000 $ 104,000 $ 97,000
Winneshiek, Iowa 19 $ 1,645,000 $ 86,578 $ 74,000
Fillmore, Minnesota 19 $ 1,615,000 $ 85,000 $ 77,000
Juneau, Wisconsin 18 $ 1,680,000 $ 93,333 $ 72,000
Shawano, Wisconsin 18 $ 1,440,000 $ 80,000 $ 77,000
Jackson, Wisconsin 17 $ 1,655,000 $ 97,352 $ 73,000
Jefferson, Wisconsin 17 $ 2,355,000 $ 138,529 $ 81,000
Kewaunee, Wisconsin 16 $ 1,790,000 $ 111,875 $ 86,000
Clark, Wisconsin 15 $ 1,585,000 $ 105,666 $ 91,000
Door, Wisconsin 15 $ 2,815,000 $ 187,666 $ 87,000
Rusk, Wisconsin 15 $ 1,515,000 $ 101,000 $ 61,000
Taylor, Wisconsin 15 $ 2,545,000 $ 169,666 $ 77,000
Fayette, Iowa 14 $ 1,360,000 $ 97,142 $ 92,000
Adams, Wisconsin 14 $ 860,000 $ 61,428 $ 89,000
Pierce, Wisconsin 14 $ 1,910,000 $ 136,428 $ 88,000
Sauk, Wisconsin 14 $ 2,020,000 $ 144,285 $ 96,000
Marion, Iowa 13 $ 1,635,000 $ 125,769 $ 102,000
Muscatine, Iowa 13 $ 805,000 $ 61,923 $ 73,000
Marathon, Wisconsin 13 $ 945,000 $ 72,692 $ 81,000
Wood, Wisconsin 13 $ 1,335,000 $ 102,692 $ 87,000
Green Lake, Wisconsin 12 $ 1,010,000 $ 84,166 $ 79,000
Madison, Iowa 11 $ 1,105,000 $ 100,454 $ 118,000
Richland, Wisconsin 11 $ 1,695,000 $ 154,090 $ 75,000
Clarke, Iowa 10 $ 770,000 $ 77,000 $ 61,000
Howard, Iowa 10 $ 560,000 $ 56,000 $ 79,000
Lincoln, Wisconsin 10 $ 1,500,000 $ 150,000 $ 159,000
Ozaukee, Wisconsin 10 $ 1,170,000 $ 117,000 $ 141,000
Henry, Illinois 9 $ 1,845,000 $ 205,000 $ 100,000
Mercer, Illinois 9 $ 605,000 $ 67,222 $ 67,000
Boone, Iowa 9 $ 1,245,000 $ 138,333 $ 69,000
Clinton, Iowa 9 $ 1,465,000 $ 162,777 $ 66,000
Mower, Minnesota 9 $ 615,000 $ 68,333 $ 47,000
Wabasha, Minnesota 9 $ 575,000 $ 63,888 $ 61,000
Buffalo, Wisconsin 9 $ 1,065,000 $ 118,333 $ 67,000
Lafayette, Wisconsin 9 $ 915,000 $ 101,666 $ 65,000
Polk, Wisconsin 9 $ 745,000 $ 82,777 $ 76,000
St. Croix, Wisconsin 9 $ 995,000 $ 110,555 $ 94,000
Linn, Iowa 8 $ 980,000 $ 122,500 $ 87,000
Dubuque, Iowa 7 $ 985,000 $ 140,714 $ 90,000
Story, Iowa 7 $ 985,000 $ 140,714 $ 132,000
Dodge, Minnesota 7 $ 1,045,000 $ 149,285 $ 98,000
Black Hawk, Iowa 6 $ 400,000 $ 66,666 $ 52,000
Jasper, Iowa 6 $ 500,000 $ 83,333 $ 115,000
Stephenson, Illinois 5 $ 365,000 $ 73,000 $ 82,000
Louisa, Iowa 5 $ 295,000 $ 59,000 $ 49,000
Lucas, Iowa 5 $ 575,000 $ 115,000 $ 88,000
Marshall, Iowa 5 $ 285,000 $ 57,000 $ 59,000
Ringgold, Iowa 5 $ 235,000 $ 47,000 $ 85,000
Price, Wisconsin 5 $ 435,000 $ 87,000 $ 63,000
Whiteside, Illinois 4 $ 240,000 $ 60,000 $ 74,000
Adair, Iowa 4 $ 190,000 $ 47,500 $ 56,000
Appanoose, Iowa 4 $ 140,000 $ 35,000 $ 72,000
Cedar, Iowa 4 $ 930,000 $ 232,500 $ 88,000
Chickasaw, Iowa 4 $ 430,000 $ 107,500 $ 126,000
Des Moines, Iowa 4 $ 360,000 $ 90,000 $ 74,000
Jackson, Iowa 4 $ 420,000 $ 105,000 $ 51,000
Goodhue, Minnesota 4 $ 460,000 $ 115,000 $ 198,000
Portage, Wisconsin 4 $ 360,000 $ 90,000 $ 72,000
Decatur, Iowa 3 $ 385,000 $ 128,333 $ 90,000
Delaware, Iowa 3 $ 305,000 $ 101,666 $ 85,000
Greene, Iowa 3 $ 65,000 $ 21,666 $ 75,000
Iowa, Iowa 3 $ 195,000 $ 65,000 $ 75,000
Johnson, Iowa 3 $ 345,000 $ 115,000 $ 115,000
Wayne, Iowa 3 $ 95,000 $ 31,666 $ 65,000
Webster, Iowa 3 $ 335,000 $ 111,666 $ 61,000
Waseca, Minnesota 3 $ 405,000 $ 135,000 $ 70,000
Burnett, Wisconsin 3 $ 375,000 $ 125,000 $ 165,000
Lee, Illinois 2 $ 240,000 $ 120,000 $ 106,000
McHenry, Illinois 2 $ 250,000 $ 125,000 $ 133,000
Warren, Illinois 2 $ 300,000 $ 150,000 $ 191,000
Buchanan, Iowa 2 $ 240,000 $ 120,000 $ 68,000
Cass, Iowa 2 $ 260,000 $ 130,000 $ 73,000
Crawford, Iowa 2 $ 170,000 $ 85,000 $ 287,000
Mahaska, Iowa 2 $ 150,000 $ 75,000 $ 108,000
Mills, Iowa 2 $ 30,000 $ 15,000 $ 53,000
Plymouth, Iowa 2 $ 340,000 $ 170,000 $ 182,000
Wapello, Iowa 2 $ 210,000 $ 105,000 $ 109,000
Wright, Iowa 2 $ 160,000 $ 80,000 $ 121,000
Faribault, Minnesota 2 $ 100,000 $ 50,000 $ 79,000
Freeborn, Minnesota 2 $ 320,000 $ 160,000 $ 89,000
Ashland, Wisconsin 2 $ 210,000 $ 105,000 $ 63,000
Bayfield, Wisconsin 2 $ 40,000 $ 20,000 $ 56,000
Pepin, Wisconsin 2 $ 140,000 $ 70,000 $ 95,000
Vilas, Wisconsin 2 $ 300,000 $ 150,000 $ 88,000
Boone, Illinois 1 $ 165,000 $ 165,000 $ 151,000
Carroll, Illinois 1 $ 65,000 $ 65,000 $ 27,000
Jo Daviess, Illinois 1 $ 235,000 $ 235,000 $ 156,000
Lake, Illinois 1 $ 35,000 $ 35,000 $ 90,000
Logan, Illinois 1 $ 75,000 $ 75,000 $ 52,000
Peoria, Illinois 1 $ 35,000 $ 35,000 $ 162,000
Winnebago, Illinois 1 $ 245,000 $ 245,000 $ 82,000
Johnson, Indiana 1 $ 165,000 $ 165,000 $ 161,000
Adams, Iowa 1 $ 45,000 $ 45,000 $ 110,000
Benton, Iowa 1 $ 75,000 $ 75,000 $ 87,000
Bremer, Iowa 1 $ 25,000 $ 25,000 $ 107,000
Hardin, Iowa 1 $ 85,000 $ 85,000 $ 42,000
Humboldt, Iowa 1 $ 145,000 $ 145,000 $ 57,000
Keokuk, Iowa 1 $ 75,000 $ 75,000 $ 174,000
Monroe, Iowa 1 $ 145,000 $ 145,000 $ 96,000
Montgomery, Iowa 1 $ 55,000 $ 55,000 $ 54,000
Page, Iowa 1 $ 45,000 $ 45,000 $ 29,000
Pottawattamie, Iowa 1 $ 115,000 $ 115,000 $ 91,000
Poweshiek, Iowa 1 $ 85,000 $ 85,000 $ 56,000
Tama, Iowa 1 $ 265,000 $ 265,000 $ 84,000
Union, Iowa 1 $ 205,000 $ 205,000 $ 153,000
Winnebago, Iowa 1 $ 45,000 $ 45,000 $ 77,000
Anoka, Minnesota 1 $ 265,000 $ 265,000 $ 130,000
Chisago, Minnesota 1 $ 175,000 $ 175,000 $ 99,000
Dakota, Minnesota 1 $ 15,000 $ 15,000 $ 34,000
Hennepin, Minnesota 1 $ 515,000 $ 515,000 $ 265,000
Itasca, Minnesota 1 $ 25,000 $ 25,000 $ 36,000
Le Sueur, Minnesota 1 $ 245,000 $ 245,000 $ 199,000
Steele, Minnesota 1 $ 365,000 $ 365,000 $ 182,000
Iron, Wisconsin 1 $ 305,000 $ 305,000 $ 335,000
Menominee, Wisconsin 1 $ 35,000 $ 35,000 $ 125,000
Oneida, Wisconsin 1 $ 15,000 $ 15,000 $ 66,000
Sawyer, Wisconsin 1 $ 145,000 $ 145,000 $ 106,000
Washburn, Wisconsin 1 $ 65,000 $ 65,000 $ 89,000

Mortgage Loan Application Detail Totals for Marine Credit Union in 2023

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
Cash-out Refinancing 1,795 $191,380,000 $106,000 $7,675,000 $88,000 $849,000
Home Purchase 656 $102,130,000 $155,000 $665,000 $86,000 $621,000
Refinancing 596 $65,420,000 $109,000 $995,000 $79,000 $833,000
Home Improvement 104 $5,300,000 $50,000 $295,000 $88,000 $338,000
Other Purpose 18 $1,250,000 $69,000 $425,000 $120,000 $313,000
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 2,615 $295,425,000 $112,000 $7,675,000 $87,000 $849,000
Hispanic 245 $34,325,000 $140,000 $555,000 $80,000 $392,000
Black or African American 182 $18,530,000 $101,000 $385,000 $78,000 $398,000
Not Provided 56 $8,035,000 $146,000 $995,000 $88,000 $338,000
Asian 41 $4,525,000 $110,000 $435,000 $102,000 $240,000
American Indian or Alaskan Native 11 $1,875,000 $170,000 $355,000 $105,000 $161,000
Not applicable 4 $1,420,000 $355,000 $745,000 $0 $0
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) 3,169 $365,480,000 $115,000 $7,675,000 $86,000 $849,000
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 1,115 $128,315,000 $115,000 $475,000 $93,000 $849,000
Application Denied By Financial Institution 1,073 $124,110,000 $115,000 $995,000 $79,000 $647,000
Application Withdrawn By Applicant 820 $88,990,000 $108,000 $575,000 $86,000 $833,000
Application Approved But Not Accepted 132 $13,780,000 $104,000 $395,000 $92,000 $332,000
File Closed For Incompleteness 29 $10,285,000 $354,000 $7,675,000 $65,000 $169,000
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 2,096 $241,370,000 $115,000 $7,675,000 $90,000 $849,000
Credit History 508 $55,610,000 $109,000 $635,000 $81,000 $647,000
Debt-To-Income Ratio 230 $31,760,000 $138,000 $995,000 $69,000 $534,000
Unverifiable Information 129 $13,145,000 $101,000 $465,000 $88,000 $350,000
Collateral 96 $9,825,000 $103,000 $465,000 $81,000 $195,000
Insufficient Cash (Downpayment, Closing Cost) 53 $6,855,000 $129,000 $555,000 $67,000 $189,000
Credit Application Incomplete 29 $2,855,000 $98,000 $305,000 $86,000 $250,000
Employment History 17 $1,905,000 $112,000 $365,000 $87,000 $194,000
Other 11 $2,155,000 $195,000 $745,000 $98,000 $265,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Marine Credit Union's 2023 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 Marine 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.
For a list of all lenders in Wisconsin, download the full spreadsheet with aggregated HMDA statistics today.

Download the Wisconsin Lender List