Performance Plus Lending LLC Mortgage Lending & HMDA Data, 2004

In 2004, Performance Plus Lending LLC of Brookfield, WI reported 201 mortgage applications totaling $26.2 million. The average application was for $130,258, and applicants reported an average income of $65,233. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (144), Racine, WI (5) and Chicago-Naperville-Joliet, IL (3) (applications in parentheses).

Mortgage Company & Address Performance Plus Lending LLC
19275 W. Capitol Drive, Suite 201
Brookfield, WI 53045
Tel #: available with data download
Federal Regulator * available with data download
Years 2004  
Total Number of Mortgage Applications 201
Total Mortgage Loan Application Amount $26,182,000
Average Mortgage Loan Application Amount $130,258
Highest Mortgage Loan Application Amount $494,000
Average Applicant Income $65,233
Highest Applicant Income $1,691,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Performance Plus Lending LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Performance Plus Lending LLC 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
Milwaukee, Wisconsin 96 $ 10,732,000 $ 111,791 $ 43,000
Waukesha, Wisconsin 36 $ 5,694,000 $ 158,166 $ 101,000
Kenosha, Wisconsin 8 $ 960,000 $ 120,000 $ 61,000
Washington, Wisconsin 8 $ 893,000 $ 111,625 $ 47,000
Jefferson, Wisconsin 7 $ 890,000 $ 127,142 $ 53,000
Walworth, Wisconsin 7 $ 822,000 $ 117,428 $ 58,000
Racine, Wisconsin 5 $ 950,000 $ 190,000 $ 63,000
Ozaukee, Wisconsin 4 $ 604,000 $ 151,000 $ 81,000
Dane, Wisconsin 3 $ 319,000 $ 106,333 $ 46,000
Fond du Lac, Wisconsin 3 $ 383,000 $ 127,666 $ 64,000
Oneida, Wisconsin 3 $ 217,000 $ 72,333 $ 105,000
Burnett, Wisconsin 2 $ 243,000 $ 121,500 $ 126,000
Oconto, Wisconsin 2 $ 221,000 $ 110,500 $ 69,000
Outagamie, Wisconsin 2 $ 251,000 $ 125,500 $ 116,000
Cook, Illinois 1 $ 204,000 $ 204,000 $ 130,000
Kane, Illinois 1 $ 434,000 $ 434,000 $ 150,000
Vermilion, Illinois 1 $ 107,000 $ 107,000 $ 67,000
Will, Illinois 1 $ 240,000 $ 240,000 $ 70,000
Brown, Wisconsin 1 $ 126,000 $ 126,000 $ 80,000
Rock, Wisconsin 1 $ 130,000 $ 130,000 $ 62,000
Winnebago, Wisconsin 1 $ 152,000 $ 152,000 $ 73,000

Mortgage Loan Application Detail Totals for Performance Plus Lending LLC 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
Refinancing 120 $15,109,000 $153,500 $322,000 $75,500 $1,691,000
Home Purchase 78 $10,952,000 $285,000 $494,000 $110,000 $296,000
Home Improvement 3 $121,000 $40,000 $73,000 $17,000 $51,000

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 143 $20,555,000 $216,000 $494,000 $94,000 $1,691,000
Black or African American 33 $2,987,000 $90,000 $228,000 $51,000 $96,000
Not Provided 17 $1,781,000 $105,500 $190,000 $58,000 $96,000
Hispanic 6 $620,000 $103,000 $153,000 $37,000 $66,000
American Indian or Alaskan Native 1 $130,000 $130,000 $130,000 $59,000 $59,000
Asian 1 $109,000 $109,000 $109,000 $32,000 $32,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 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) 185 $24,306,000 $187,000 $494,000 $82,500 $1,691,000
FHA-insured (Federal Housing Administration) 11 $1,225,000 $111,000 $145,000 $76,000 $166,000
VA-guaranteed (Veterans Administration) 5 $651,000 $130,000 $168,000 $57,000 $144,000
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 201 $26,182,000 $186,500 $494,000 $83,500 $1,691,000
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
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Performance Plus Lending LLC'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 Performance Plus Lending LLC'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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