State Financial Bank, NA Mortgage Lending & HMDA Data, 2004
In 2004, State Financial Bank, NA of Hales Corners, WI reported 356 mortgage applications totaling $73.2 million, down 35% from 2003. The average application was for $205,682, and applicants reported an average income of $61,637. 48% of its applications resulted in an originated loan and 27% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (154), Chicago-Naperville-Joliet, IL (66) and Lake County-Kenosha County, IL-WI (66) (applications in parentheses).
| Mortgage Company & Address | State Financial Bank, NA 10708 West Janesville Rd Hales Corners, WI 53130 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2005 2004 2003 |
| Total Number of Mortgage Applications | 356 |
| Total Mortgage Loan Application Amount | $73,223,000 |
| Average Mortgage Loan Application Amount | $205,682 |
| Highest Mortgage Loan Application Amount | $3,800,000 |
| Average Applicant Income | $61,637 |
| Highest Applicant Income | $1,342,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records State Financial Bank, NA filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for State Financial Bank, NA 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 163 | $45,713,000 | $1,186,800 | $3,800,000 | $331,000 | $1,342,000 |
| Refinancing | 145 | $24,837,000 | $209,666 | $2,692,000 | $53,000 | $1,162,000 |
| Home Improvement | 48 | $2,673,000 | $292,666 | $800,000 | $26,333 | $196,000 |
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 | 187 | $36,703,000 | $1,013,166 | $3,150,000 | $290,333 | $1,342,000 |
| Not applicable | 51 | $23,170,000 | $465,333 | $3,800,000 | $0 | $0 |
| Hispanic | 48 | $4,807,000 | $119,666 | $270,000 | $37,333 | $92,000 |
| Black or African American | 37 | $3,104,000 | $95,666 | $368,000 | $41,666 | $204,000 |
| Not Provided | 24 | $4,096,000 | $138,333 | $1,500,000 | $45,666 | $324,000 |
| Asian | 8 | $1,153,000 | $123,500 | $334,000 | $46,500 | $81,000 |
| American Indian or Alaskan Native | 1 | $190,000 | $190,000 | $190,000 | $50,000 | $50,000 |
| 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) | 342 | $71,279,000 | $984,857 | $3,800,000 | $241,142 | $1,342,000 |
| FHA-insured (Federal Housing Administration) | 12 | $1,661,000 | $136,333 | $194,000 | $45,666 | $95,000 |
| VA-guaranteed (Veterans Administration) | 2 | $283,000 | $141,500 | $153,000 | $63,000 | $71,000 |
| 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 | 171 | $44,083,000 | $1,302,400 | $3,800,000 | $324,200 | $1,342,000 |
| Application Denied By Financial Institution | 95 | $13,537,000 | $140,500 | $1,500,000 | $57,000 | $324,000 |
| Application Withdrawn By Applicant | 52 | $11,639,000 | $245,000 | $1,800,000 | $48,666 | $252,000 |
| Loan Purchased By The Institution | 20 | $1,900,000 | $94,500 | $187,000 | $34,500 | $56,000 |
| Preapproval Denied by Financial Institution | 15 | $1,989,000 | $132,000 | $270,000 | $44,000 | $105,000 |
| Application Approved But Not Accepted | 3 | $75,000 | $21,000 | $45,000 | $23,500 | $63,000 |
| Preapproval Approved but not Accepted | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 58 | $8,712,000 | $151,333 | $1,500,000 | $49,000 | $324,000 |
| Credit History | 42 | $4,962,000 | $122,666 | $330,000 | $63,666 | $192,000 |
| Collateral | 4 | $773,000 | $193,000 | $375,000 | $60,000 | $96,000 |
| Employment History | 3 | $540,000 | $196,000 | $244,000 | $56,000 | $100,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $225,000 | $225,000 | $225,000 | $74,000 | $74,000 |
| Credit Application Incomplete | 1 | $144,000 | $144,000 | $144,000 | $0 | $0 |
| Other | 1 | $170,000 | $170,000 | $170,000 | $46,000 | $46,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into State Financial Bank, NA'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 State Financial Bank, NA'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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About