Pyramax Bank FSB Mortgage Lending & HMDA Data, 2019

In 2019, Pyramax Bank FSB of Greenfield, WI reported 755 mortgage applications totaling $169.9 million, up 31% from 2018. The average application was for $225,066, and applicants reported an average income of $101,204. 58% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (474), Racine, WI (29) and Chicago-Naperville, IL (5) (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 755
Total Mortgage Loan Application Amount $169,925,000
Average Mortgage Loan Application Amount $225,066
Highest Mortgage Loan Application Amount $4,305,000
Average Applicant Income $101,204
Highest Applicant Income $1,436,000

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Act (HMDA) records Pyramax Bank FSB filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2019

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 434 $92,320,000 $212,000 $2,205,000 $93,000 $634,000
Refinancing 176 $41,790,000 $237,000 $875,000 $109,000 $670,000
Cash-out Refinancing 101 $26,295,000 $260,000 $4,305,000 $104,000 $388,000
Home Improvement 33 $8,785,000 $266,000 $1,025,000 $166,000 $1,436,000
Other Purpose 10 $370,000 $37,000 $95,000 $78,000 $172,000
Not Applicable 1 $365,000 $365,000 $365,000 $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 622 $133,570,000 $214,000 $875,000 $105,000 $1,436,000
Hispanic 37 $7,715,000 $208,000 $455,000 $94,000 $354,000
Not Provided 32 $7,500,000 $234,000 $545,000 $84,000 $199,000
Asian 25 $5,555,000 $222,000 $485,000 $80,000 $157,000
Black or African American 23 $2,505,000 $108,000 $265,000 $51,000 $149,000
Not applicable 12 $11,850,000 $987,000 $4,305,000 $0 $0
American Indian or Alaskan Native 2 $510,000 $255,000 $345,000 $160,000 $185,000
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) 743 $168,135,000 $226,000 $4,305,000 $102,000 $1,436,000
FHA-insured (Federal Housing Administration) 11 $1,625,000 $147,000 $275,000 $52,000 $85,000
VA-guaranteed (Veterans Administration) 1 $165,000 $165,000 $165,000 $111,000 $111,000
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 437 $98,605,000 $225,000 $1,025,000 $112,000 $1,436,000
Preapproval Approved but not Accepted 137 $32,315,000 $235,000 $805,000 $97,000 $481,000
Application Denied By Financial Institution 64 $12,740,000 $199,000 $875,000 $78,000 $276,000
Preapproval Denied by Financial Institution 49 $6,135,000 $125,000 $305,000 $52,000 $161,000
Application Withdrawn By Applicant 34 $12,100,000 $355,000 $4,305,000 $119,000 $388,000
File Closed For Incompleteness 25 $3,685,000 $147,000 $435,000 $74,000 $254,000
Application Approved But Not Accepted 9 $4,345,000 $482,000 $2,205,000 $79,000 $103,000
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 642 $151,050,000 $235,000 $4,305,000 $107,000 $1,436,000
Credit History 64 $10,480,000 $163,000 $875,000 $68,000 $190,000
Debt-To-Income Ratio 27 $4,915,000 $182,000 $465,000 $56,000 $204,000
Collateral 7 $805,000 $115,000 $165,000 $80,000 $165,000
Other 7 $1,325,000 $189,000 $365,000 $100,000 $276,000
Insufficient Cash (Downpayment, Closing Cost) 6 $960,000 $160,000 $185,000 $48,000 $61,000
Unverifiable Information 1 $165,000 $165,000 $165,000 $68,000 $68,000
Employment History 1 $225,000 $225,000 $225,000 $31,000 $31,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Pyramax Bank FSB's 2019 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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