Pyramax Bank FSB Mortgage Lending & HMDA Data, 2023

In 2023, Pyramax Bank FSB of Greenfield, WI reported 258 mortgage applications totaling $70.9 million, down 22% from 2022. The average application was for $274,767, and applicants reported an average income of $115,775. 42% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (117), Racine, WI (7) and Chicago-Naperville, IL (2) (applications in parentheses).

Mortgage Company & Address Pyramax Bank FSB
7001 W. Edgerton Avenue
Greenfield, WI 53220
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  
Total Number of Mortgage Applications 258
Total Mortgage Loan Application Amount $70,890,000
Average Mortgage Loan Application Amount $274,767
Highest Mortgage Loan Application Amount $1,205,000
Average Applicant Income $115,775
Highest Applicant Income $720,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Pyramax Bank FSB filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Pyramax Bank FSB 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 72 $ 15,320,000 $ 212,777 $ 112,000
Waukesha, Wisconsin 32 $ 10,690,000 $ 334,062 $ 131,000
Racine, Wisconsin 7 $ 1,745,000 $ 249,285 $ 121,000
Washington, Wisconsin 7 $ 2,275,000 $ 325,000 $ 164,000
Ozaukee, Wisconsin 6 $ 1,820,000 $ 303,333 $ 110,000
Jackson, Wisconsin 4 $ 460,000 $ 115,000 $ 72,000
Walworth, Wisconsin 3 $ 905,000 $ 301,666 $ 140,000
Kenosha, Wisconsin 2 $ 610,000 $ 305,000 $ 153,000
Maricopa, Arizona 1 $ 345,000 $ 345,000 $ 92,000
Arapahoe, Colorado 1 $ 285,000 $ 285,000 $ 33,000
Marion, Florida 1 $ 255,000 $ 255,000 $ 109,000
Cook, Illinois 1 $ 635,000 $ 635,000 $ 154,000
McHenry, Illinois 1 $ 335,000 $ 335,000 $ 100,000
Scurry, Texas 1 $ 175,000 $ 175,000 $ 147,000
Dane, Wisconsin 1 $ 195,000 $ 195,000 $ 265,000
Fond du Lac, Wisconsin 1 $ 155,000 $ 155,000 $ 50,000
Jefferson, Wisconsin 1 $ 385,000 $ 385,000 $ 109,000
Rock, Wisconsin 1 $ 275,000 $ 275,000 $ 112,000
Sheboygan, Wisconsin 1 $ 75,000 $ 75,000 $ 122,000
Winnebago, Wisconsin 1 $ 1,205,000 $ 1,205,000 $ 0

Mortgage Loan Application Detail Totals for Pyramax Bank FSB 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
Home Purchase 230 $66,260,000 $288,000 $1,205,000 $117,000 $700,000
Refinancing 12 $2,120,000 $176,000 $405,000 $75,000 $171,000
Cash-out Refinancing 8 $1,690,000 $211,000 $725,000 $78,000 $178,000
Home Improvement 4 $560,000 $140,000 $305,000 $286,000 $720,000
Other Purpose 4 $260,000 $65,000 $85,000 $73,000 $106,000
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 183 $51,785,000 $282,000 $905,000 $123,000 $720,000
Hispanic 20 $4,200,000 $210,000 $505,000 $92,000 $151,000
Black or African American 19 $2,695,000 $141,000 $225,000 $62,000 $90,000
Not Provided 15 $5,205,000 $347,000 $1,045,000 $115,000 $311,000
Asian 15 $4,685,000 $312,000 $485,000 $128,000 $265,000
Not applicable 3 $1,585,000 $528,000 $1,205,000 $0 $0
American Indian or Alaskan Native 2 $540,000 $270,000 $455,000 $72,000 $107,000
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) 251 $69,445,000 $276,000 $1,205,000 $117,000 $720,000
FHA-insured (Federal Housing Administration) 6 $1,140,000 $190,000 $385,000 $71,000 $137,000
VA-guaranteed (Veterans Administration) 1 $305,000 $305,000 $305,000 $128,000 $128,000
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 108 $29,110,000 $269,000 $1,045,000 $119,000 $415,000
Preapproval Approved but not Accepted 90 $27,860,000 $309,000 $905,000 $118,000 $700,000
Preapproval Denied by Financial Institution 24 $5,220,000 $217,000 $505,000 $81,000 $179,000
Application Denied By Financial Institution 15 $2,315,000 $154,000 $335,000 $72,000 $122,000
Application Withdrawn By Applicant 15 $4,285,000 $285,000 $1,205,000 $165,000 $720,000
Application Approved But Not Accepted 5 $1,895,000 $379,000 $725,000 $149,000 $210,000
File Closed For Incompleteness 1 $205,000 $205,000 $205,000 $166,000 $166,000
Loan Purchased By The 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 219 $63,355,000 $289,000 $1,205,000 $123,000 $720,000
Debt-To-Income Ratio 17 $4,135,000 $243,000 $505,000 $77,000 $153,000
Credit History 15 $2,165,000 $144,000 $335,000 $73,000 $132,000
Other 4 $760,000 $190,000 $285,000 $70,000 $89,000
Collateral 2 $340,000 $170,000 $225,000 $150,000 $179,000
Employment History 1 $135,000 $135,000 $135,000 $40,000 $40,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Pyramax Bank FSB'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 Pyramax Bank FSB'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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