Universal Savings Bank FA Mortgage Lending & HMDA Data, 2003
In 2003, Universal Savings Bank FA of Milwaukee, WI reported 2,245 mortgage applications totaling $320.2 million. The average application was for $142,640, and applicants reported an average income of $64,282. 80% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Milwaukee-Waukesha, WI (1,134), Chicago, IL (360) and Racine, WI (77) (applications in parentheses).
| Mortgage Company & Address | Universal Savings Bank FA 754 N 4th Street Milwaukee, WI 53204 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,245 |
| Total Mortgage Loan Application Amount | $320,229,000 |
| Average Mortgage Loan Application Amount | $142,640 |
| Highest Mortgage Loan Application Amount | $1,000,000 |
| Average Applicant Income | $64,282 |
| Highest Applicant Income | $2,297,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Universal Savings Bank FA filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Milwaukee, Wisconsin | 598 | $ 66,555,000 | $ 111,295 | $ 52,000 |
| Waukesha, Wisconsin | 363 | $ 63,724,000 | $ 175,548 | $ 81,000 |
| Cook, Illinois | 230 | $ 40,373,000 | $ 175,534 | $ 75,000 |
| Washington, Wisconsin | 116 | $ 18,719,000 | $ 161,370 | $ 67,000 |
| Racine, Wisconsin | 77 | $ 10,153,000 | $ 131,857 | $ 53,000 |
| Kenosha, Wisconsin | 75 | $ 10,563,000 | $ 140,840 | $ 64,000 |
| Ozaukee, Wisconsin | 57 | $ 11,281,000 | $ 197,912 | $ 99,000 |
| Walworth, Wisconsin | 56 | $ 7,440,000 | $ 132,857 | $ 65,000 |
| Lake, Illinois | 42 | $ 8,182,000 | $ 194,809 | $ 88,000 |
| Brown, Wisconsin | 39 | $ 5,091,000 | $ 130,538 | $ 61,000 |
| Dodge, Wisconsin | 32 | $ 4,504,000 | $ 140,750 | $ 59,000 |
| Dane, Wisconsin | 30 | $ 5,117,000 | $ 170,566 | $ 77,000 |
| Sheboygan, Wisconsin | 30 | $ 3,372,000 | $ 112,400 | $ 63,000 |
| DuPage, Illinois | 26 | $ 5,038,000 | $ 193,769 | $ 101,000 |
| Will, Illinois | 26 | $ 3,811,000 | $ 146,576 | $ 78,000 |
| Rock, Wisconsin | 18 | $ 2,273,000 | $ 126,277 | $ 50,000 |
| Jefferson, Wisconsin | 17 | $ 2,117,000 | $ 124,529 | $ 57,000 |
| McHenry, Illinois | 16 | $ 2,463,000 | $ 153,937 | $ 63,000 |
| Winnebago, Wisconsin | 15 | $ 2,111,000 | $ 140,733 | $ 74,000 |
| Kane, Illinois | 14 | $ 2,150,000 | $ 153,571 | $ 69,000 |
| Lake, Indiana | 13 | $ 1,531,000 | $ 117,769 | $ 56,000 |
| St. Joseph, Indiana | 12 | $ 889,000 | $ 74,083 | $ 42,000 |
| Hennepin, Minnesota | 12 | $ 1,958,000 | $ 163,166 | $ 82,000 |
| Monroe, Wisconsin | 11 | $ 726,000 | $ 66,000 | $ 42,000 |
| Juneau, Wisconsin | 10 | $ 921,000 | $ 92,100 | $ 42,000 |
| Oneida, Wisconsin | 9 | $ 1,475,000 | $ 163,888 | $ 61,000 |
| Washington, Minnesota | 8 | $ 1,583,000 | $ 197,875 | $ 77,000 |
| Columbia, Wisconsin | 8 | $ 925,000 | $ 115,625 | $ 67,000 |
| Fond du Lac, Wisconsin | 8 | $ 1,247,000 | $ 155,875 | $ 93,000 |
| Green, Wisconsin | 8 | $ 948,000 | $ 118,500 | $ 60,000 |
| Sauk, Wisconsin | 7 | $ 616,000 | $ 88,000 | $ 45,000 |
| Vilas, Wisconsin | 7 | $ 1,072,000 | $ 153,142 | $ 45,000 |
| Waupaca, Wisconsin | 7 | $ 1,290,000 | $ 184,285 | $ 53,000 |
| Adams, Wisconsin | 6 | $ 469,000 | $ 78,166 | $ 66,000 |
| Oconto, Wisconsin | 6 | $ 777,000 | $ 129,500 | $ 63,000 |
| St. Croix, Wisconsin | 6 | $ 1,193,000 | $ 198,833 | $ 86,000 |
| Maricopa, Arizona | 5 | $ 691,000 | $ 138,200 | $ 221,000 |
| Allen, Indiana | 5 | $ 298,000 | $ 59,600 | $ 44,000 |
| La Crosse, Wisconsin | 5 | $ 352,000 | $ 70,400 | $ 28,000 |
| Marinette, Wisconsin | 5 | $ 318,000 | $ 63,600 | $ 42,000 |
| Outagamie, Wisconsin | 5 | $ 593,000 | $ 118,600 | $ 54,000 |
| Shawano, Wisconsin | 5 | $ 591,000 | $ 118,200 | $ 41,000 |
| Vernon, Wisconsin | 5 | $ 407,000 | $ 81,400 | $ 47,000 |
| Broward, Florida | 4 | $ 523,000 | $ 130,750 | $ 75,000 |
| Marion, Indiana | 4 | $ 378,000 | $ 94,500 | $ 23,000 |
| Todd, Minnesota | 4 | $ 344,000 | $ 86,000 | $ 20,000 |
| Bayfield, Wisconsin | 4 | $ 427,000 | $ 106,750 | $ 90,000 |
| Eau Claire, Wisconsin | 4 | $ 480,000 | $ 120,000 | $ 71,000 |
| Kewaunee, Wisconsin | 4 | $ 484,000 | $ 121,000 | $ 49,000 |
| Manitowoc, Wisconsin | 4 | $ 410,000 | $ 102,500 | $ 79,000 |
| Marathon, Wisconsin | 4 | $ 320,000 | $ 80,000 | $ 29,000 |
| Portage, Wisconsin | 4 | $ 206,000 | $ 51,500 | $ 37,000 |
| Boone, Illinois | 3 | $ 324,000 | $ 108,000 | $ 53,000 |
| DeKalb, Illinois | 3 | $ 454,000 | $ 151,333 | $ 57,000 |
| Miami, Indiana | 3 | $ 513,000 | $ 171,000 | $ 64,000 |
| Anoka, Minnesota | 3 | $ 556,000 | $ 185,333 | $ 58,000 |
| Ramsey, Minnesota | 3 | $ 537,000 | $ 179,000 | $ 77,000 |
| St. Louis, Minnesota | 3 | $ 182,000 | $ 60,666 | $ 73,000 |
| Wright, Minnesota | 3 | $ 522,000 | $ 174,000 | $ 55,000 |
| Chippewa, Wisconsin | 3 | $ 251,000 | $ 83,666 | $ 69,000 |
| Clark, Wisconsin | 3 | $ 198,000 | $ 66,000 | $ 54,000 |
| Door, Wisconsin | 3 | $ 643,000 | $ 214,333 | $ 135,000 |
| Grant, Wisconsin | 3 | $ 277,000 | $ 92,333 | $ 25,000 |
| Los Angeles, California | 2 | $ 135,000 | $ 67,500 | $ 82,000 |
| Cobb, Georgia | 2 | $ 214,000 | $ 107,000 | $ 47,000 |
| DeKalb, Georgia | 2 | $ 219,000 | $ 109,500 | $ 94,000 |
| Fulton, Georgia | 2 | $ 360,000 | $ 180,000 | $ 69,000 |
| Grundy, Illinois | 2 | $ 224,000 | $ 112,000 | $ 59,000 |
| Pike, Illinois | 2 | $ 361,000 | $ 180,500 | $ 207,000 |
| Winnebago, Illinois | 2 | $ 261,000 | $ 130,500 | $ 46,000 |
| Elkhart, Indiana | 2 | $ 284,000 | $ 142,000 | $ 97,000 |
| Fountain, Indiana | 2 | $ 94,000 | $ 47,000 | $ 28,000 |
| Howard, Indiana | 2 | $ 379,000 | $ 189,500 | $ 89,000 |
| Montgomery, Indiana | 2 | $ 199,000 | $ 99,500 | $ 35,000 |
| Putnam, Indiana | 2 | $ 138,000 | $ 69,000 | $ 25,000 |
| Oakland, Michigan | 2 | $ 362,000 | $ 181,000 | $ 50,000 |
| Morrison, Minnesota | 2 | $ 168,000 | $ 84,000 | $ 51,000 |
| Steele, Minnesota | 2 | $ 96,000 | $ 48,000 | $ 50,000 |
| St. Louis, Missouri | 2 | $ 131,000 | $ 65,500 | $ 25,000 |
| Wake, North Carolina | 2 | $ 345,000 | $ 172,500 | $ 95,000 |
| Spotsylvania, Virginia | 2 | $ 393,000 | $ 196,500 | $ 66,000 |
| Ashland, Wisconsin | 2 | $ 320,000 | $ 160,000 | $ 53,000 |
| Barron, Wisconsin | 2 | $ 255,000 | $ 127,500 | $ 47,000 |
| Calumet, Wisconsin | 2 | $ 205,000 | $ 102,500 | $ 52,000 |
| Iowa, Wisconsin | 2 | $ 214,000 | $ 107,000 | $ 35,000 |
| Marquette, Wisconsin | 2 | $ 236,000 | $ 118,000 | $ 80,000 |
| Pierce, Wisconsin | 2 | $ 304,000 | $ 152,000 | $ 64,000 |
| Polk, Wisconsin | 2 | $ 217,000 | $ 108,500 | $ 34,000 |
| Price, Wisconsin | 2 | $ 245,000 | $ 122,500 | $ 65,000 |
| Sawyer, Wisconsin | 2 | $ 395,000 | $ 197,500 | $ 102,000 |
| Washburn, Wisconsin | 2 | $ 252,000 | $ 126,000 | $ 18,000 |
| Garland, Arkansas | 1 | $ 44,000 | $ 44,000 | $ 46,000 |
| San Francisco, California | 1 | $ 200,000 | $ 200,000 | $ 199,000 |
| Denver, Colorado | 1 | $ 170,000 | $ 170,000 | $ 38,000 |
| Mesa, Colorado | 1 | $ 286,000 | $ 286,000 | $ 168,000 |
| Lee, Florida | 1 | $ 300,000 | $ 300,000 | $ 119,000 |
| Bibb, Georgia | 1 | $ 65,000 | $ 65,000 | $ 28,000 |
| Clarke, Georgia | 1 | $ 71,000 | $ 71,000 | $ 30,000 |
| Columbia, Georgia | 1 | $ 122,000 | $ 122,000 | $ 45,000 |
| Effingham, Georgia | 1 | $ 201,000 | $ 201,000 | $ 73,000 |
| Glynn, Georgia | 1 | $ 153,000 | $ 153,000 | $ 192,000 |
| Champaign, Illinois | 1 | $ 80,000 | $ 80,000 | $ 84,000 |
| Kankakee, Illinois | 1 | $ 84,000 | $ 84,000 | $ 27,000 |
| Kendall, Illinois | 1 | $ 202,000 | $ 202,000 | $ 94,000 |
| St. Clair, Illinois | 1 | $ 285,000 | $ 285,000 | $ 95,000 |
| Carroll, Indiana | 1 | $ 98,000 | $ 98,000 | $ 22,000 |
| Cass, Indiana | 1 | $ 146,000 | $ 146,000 | $ 64,000 |
| Clay, Indiana | 1 | $ 78,000 | $ 78,000 | $ 45,000 |
| Hendricks, Indiana | 1 | $ 192,000 | $ 192,000 | $ 81,000 |
| LaPorte, Indiana | 1 | $ 176,000 | $ 176,000 | $ 36,000 |
| Newton, Indiana | 1 | $ 158,000 | $ 158,000 | $ 47,000 |
| Porter, Indiana | 1 | $ 99,000 | $ 99,000 | $ 52,000 |
| Starke, Indiana | 1 | $ 73,000 | $ 73,000 | $ 36,000 |
| Tippecanoe, Indiana | 1 | $ 62,000 | $ 62,000 | $ 42,000 |
| Vigo, Indiana | 1 | $ 47,000 | $ 47,000 | $ 25,000 |
| Warren, Indiana | 1 | $ 57,000 | $ 57,000 | $ 29,000 |
| Eaton, Michigan | 1 | $ 255,000 | $ 255,000 | $ 74,000 |
| Genesee, Michigan | 1 | $ 157,000 | $ 157,000 | $ 60,000 |
| Ingham, Michigan | 1 | $ 135,000 | $ 135,000 | $ 71,000 |
| Livingston, Michigan | 1 | $ 264,000 | $ 264,000 | $ 96,000 |
| Macomb, Michigan | 1 | $ 167,000 | $ 167,000 | $ 86,000 |
| Wayne, Michigan | 1 | $ 132,000 | $ 132,000 | $ 61,000 |
| Carlton, Minnesota | 1 | $ 150,000 | $ 150,000 | $ 69,000 |
| Carver, Minnesota | 1 | $ 132,000 | $ 132,000 | $ 81,000 |
| Chisago, Minnesota | 1 | $ 323,000 | $ 323,000 | $ 115,000 |
| Dakota, Minnesota | 1 | $ 225,000 | $ 225,000 | $ 79,000 |
| Goodhue, Minnesota | 1 | $ 107,000 | $ 107,000 | $ 53,000 |
| Isanti, Minnesota | 1 | $ 165,000 | $ 165,000 | $ 45,000 |
| Kanabec, Minnesota | 1 | $ 82,000 | $ 82,000 | $ 31,000 |
| Kandiyohi, Minnesota | 1 | $ 87,000 | $ 87,000 | $ 56,000 |
| Meeker, Minnesota | 1 | $ 181,000 | $ 181,000 | $ 54,000 |
| Mille Lacs, Minnesota | 1 | $ 120,000 | $ 120,000 | $ 41,000 |
| Olmsted, Minnesota | 1 | $ 41,000 | $ 41,000 | $ 90,000 |
| Pine, Minnesota | 1 | $ 88,000 | $ 88,000 | $ 47,000 |
| Rice, Minnesota | 1 | $ 95,000 | $ 95,000 | $ 92,000 |
| Scott, Minnesota | 1 | $ 60,000 | $ 60,000 | $ 73,000 |
| Winona, Minnesota | 1 | $ 28,000 | $ 28,000 | $ 26,000 |
| Clark, Nevada | 1 | $ 145,000 | $ 145,000 | $ 21,000 |
| Sandoval, New Mexico | 1 | $ 97,000 | $ 97,000 | $ 53,000 |
| Catawba, North Carolina | 1 | $ 80,000 | $ 80,000 | $ 90,000 |
| McDowell, North Carolina | 1 | $ 114,000 | $ 114,000 | $ 43,000 |
| Onslow, North Carolina | 1 | $ 79,000 | $ 79,000 | $ 31,000 |
| Philadelphia, Pennsylvania | 1 | $ 40,000 | $ 40,000 | $ 64,000 |
| Tipton, Tennessee | 1 | $ 124,000 | $ 124,000 | $ 54,000 |
| Brazoria, Texas | 1 | $ 179,000 | $ 179,000 | $ 0 |
| Yoakum, Texas | 1 | $ 36,000 | $ 36,000 | $ 41,000 |
| Bristol, Virginia | 1 | $ 127,000 | $ 127,000 | $ 73,000 |
| Fairfax, Virginia | 1 | $ 226,000 | $ 226,000 | $ 142,000 |
| Hampton, Virginia | 1 | $ 140,000 | $ 140,000 | $ 39,000 |
| Hanover, Virginia | 1 | $ 115,000 | $ 115,000 | $ 60,000 |
| Stafford, Virginia | 1 | $ 212,000 | $ 212,000 | $ 75,000 |
| Buffalo, Wisconsin | 1 | $ 60,000 | $ 60,000 | $ 67,000 |
| Crawford, Wisconsin | 1 | $ 162,000 | $ 162,000 | $ 101,000 |
| Douglas, Wisconsin | 1 | $ 59,000 | $ 59,000 | $ 30,000 |
| Dunn, Wisconsin | 1 | $ 93,000 | $ 93,000 | $ 54,000 |
| Florence, Wisconsin | 1 | $ 61,000 | $ 61,000 | $ 156,000 |
| Green Lake, Wisconsin | 1 | $ 400,000 | $ 400,000 | $ 108,000 |
| Jackson, Wisconsin | 1 | $ 57,000 | $ 57,000 | $ 32,000 |
| Langlade, Wisconsin | 1 | $ 73,000 | $ 73,000 | $ 21,000 |
| Richland, Wisconsin | 1 | $ 72,000 | $ 72,000 | $ 31,000 |
| Trempealeau, Wisconsin | 1 | $ 93,000 | $ 93,000 | $ 54,000 |
Mortgage Loan Application Detail Totals for Universal Savings Bank FA in 2003
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 (one-to-four family) | 1,451 | $202,593,000 | $136,823 | $1,000,000 | $75,176 | $2,297,000 |
| Refinancing (home purchase or home improvement, one-to-four family) | 793 | $117,408,000 | $112,250 | $1,000,000 | $59,250 | $1,036,000 |
| Home Improvement (one-to-four family) | 1 | $228,000 | $228,000 | $228,000 | $77,000 | $77,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 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 | 1,533 | $225,137,000 | $130,222 | $1,000,000 | $76,111 | $2,297,000 |
| Information not provided by applicant in mail or telephone application | 351 | $49,980,000 | $141,714 | $1,000,000 | $79,000 | $804,000 |
| Black | 214 | $23,773,000 | $107,100 | $510,000 | $58,800 | $254,000 |
| Hispanic | 93 | $11,999,000 | $133,500 | $315,000 | $42,875 | $162,000 |
| Asian or Pacific Islander | 35 | $6,265,000 | $153,500 | $450,000 | $78,000 | $312,000 |
| American Indian or Alaskan Native | 12 | $2,086,000 | $148,250 | $385,000 | $66,250 | $102,000 |
| Other | 7 | $989,000 | $117,000 | $255,000 | $34,500 | $83,000 |
| 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) | 2,236 | $319,113,000 | $127,722 | $1,000,000 | $71,500 | $2,297,000 |
| VA-guaranteed (Veterans Administration) | 9 | $1,116,000 | $124,000 | $167,000 | $57,500 | $94,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 1,791 | $260,304,000 | $134,736 | $1,000,000 | $75,684 | $2,297,000 |
| Application Withdrawn By Applicant | 271 | $36,727,000 | $129,000 | $560,000 | $65,714 | $458,000 |
| Application Denied By Financial Institution | 170 | $20,733,000 | $104,142 | $463,000 | $58,000 | $351,000 |
| Application Approved But Not Accepted | 10 | $1,865,000 | $187,666 | $333,000 | $63,000 | $89,000 |
| File Closed For Incompleteness | 3 | $600,000 | $200,000 | $224,000 | $95,000 | $137,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 51 | $7,052,000 | $130,250 | $450,000 | $67,500 | $173,000 |
| Collateral | 40 | $5,087,000 | $139,500 | $463,000 | $68,500 | $351,000 |
| Other | 30 | $4,106,000 | $157,000 | $451,000 | $75,250 | $178,000 |
| Credit History | 25 | $1,995,000 | $67,000 | $220,000 | $41,833 | $109,000 |
| Employment History | 9 | $716,000 | $83,000 | $144,000 | $52,000 | $84,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $991,000 | $123,500 | $217,000 | $41,000 | $103,000 |
| Unverifiable Information | 7 | $786,000 | $108,000 | $295,000 | $46,000 | $67,000 |
| 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 Universal Savings Bank FA's 2003 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 Universal Savings Bank FA'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