Pyramax Bank FSB Mortgage Lending & HMDA Data, 2014

In 2014, Pyramax Bank FSB of Greenfield, WI reported 829 mortgage applications totaling $135.9 million, down 47% from 2013. The average application was for $163,934, and applicants reported an average income of $75,919. 57% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (599), Racine, WI (32) and Lake County-Kenosha County, IL-WI (8) (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 829
Total Mortgage Loan Application Amount $135,902,000
Average Mortgage Loan Application Amount $163,934
Highest Mortgage Loan Application Amount $12,000,000
Average Applicant Income $75,919
Highest Applicant Income $787,000

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Act (HMDA) records Pyramax Bank FSB filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Pyramax Bank FSB in 2014

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 436 $64,876,000 $148,000 $960,000 $71,000 $550,000
Refinancing 356 $66,714,000 $187,000 $12,000,000 $81,000 $787,000
Home Improvement 37 $4,312,000 $116,000 $417,000 $85,000 $290,000

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 652 $99,287,000 $152,000 $1,425,000 $84,000 $787,000
Hispanic 74 $6,974,000 $94,000 $336,000 $48,000 $410,000
Black or African American 38 $2,723,000 $71,000 $416,000 $38,000 $193,000
Asian 34 $4,265,000 $125,000 $664,000 $61,000 $207,000
Not applicable 14 $19,616,000 $1,401,000 $12,000,000 $0 $0
Not Provided 11 $2,254,000 $204,000 $800,000 $41,000 $174,000
American Indian or Alaskan Native 3 $292,000 $97,000 $172,000 $51,000 $120,000
Native Hawaiian or Other Pacific Islander 3 $491,000 $163,000 $219,000 $88,000 $112,000

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) 819 $135,172,000 $165,000 $12,000,000 $76,000 $787,000
FHA-insured (Federal Housing Administration) 10 $730,000 $73,000 $118,000 $32,000 $79,000
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 471 $95,325,000 $202,000 $12,000,000 $90,000 $550,000
Application Denied By Financial Institution 135 $14,819,000 $109,000 $1,425,000 $69,000 $787,000
Preapproval Denied by Financial Institution 128 $9,328,000 $72,000 $960,000 $28,000 $167,000
Application Withdrawn By Applicant 65 $11,940,000 $183,000 $800,000 $86,000 $220,000
File Closed For Incompleteness 28 $4,291,000 $153,000 $417,000 $73,000 $300,000
Application Approved But Not Accepted 2 $199,000 $99,000 $137,000 $75,000 $80,000
Loan Purchased By The Institution 0 $0 $0 $0 $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 153 $13,595,000 $88,000 $1,425,000 $37,000 $787,000
Debt-To-Income Ratio 61 $5,228,000 $85,000 $215,000 $46,000 $200,000
Collateral 32 $3,658,000 $114,000 $416,000 $83,000 $193,000
Other 9 $984,000 $109,000 $240,000 $139,000 $540,000
Insufficient Cash (Downpayment, Closing Cost) 5 $484,000 $96,000 $143,000 $82,000 $174,000
Employment History 2 $78,000 $39,000 $77,000 $19,000 $25,000
Unverifiable Information 1 $120,000 $120,000 $120,000 $89,000 $89,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Pyramax Bank FSB's 2014 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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