US Bank North Dakota Mortgage Lending & HMDA Data, 2008
In 2008, US Bank North Dakota of Milwaukee, WI reported 74,592 mortgage applications totaling $12.5 billion, down 39% from 2007. The average application was for $167,288, and applicants reported an average income of $100,125. 24% of its applications resulted in an originated loan and 53% were denied. Its largest markets were Portland-Vancouver-Beaverton, OR-WA (2,707), St. Louis, MO-IL (2,658) and Minneapolis-St. Paul-Bloomington, MN-WI (2,446) (applications in parentheses).
| Mortgage Company & Address | US Bank North Dakota 777 East Wisconsin Ave Milwaukee, WI 53202 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 74,592 |
| Total Mortgage Loan Application Amount | $12,478,410,000 |
| Average Mortgage Loan Application Amount | $167,288 |
| Highest Mortgage Loan Application Amount | $2,292,000 |
| Average Applicant Income | $100,125 |
| Highest Applicant Income | $9,999,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records US Bank North Dakota filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 US Bank North Dakota in 2008
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 |
|---|---|---|---|---|---|---|
| Refinancing | 50,935 | $9,435,282,000 | $185,000 | $2,292,000 | $98,000 | $9,999,000 |
| Home Improvement | 14,819 | $905,653,000 | $61,000 | $1,680,000 | $92,000 | $9,999,000 |
| Home Purchase | 8,838 | $2,137,475,000 | $241,000 | $2,250,000 | $126,000 | $3,925,000 |
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 | 46,333 | $8,077,189,000 | $174,000 | $2,292,000 | $106,000 | $9,999,000 |
| Not Provided | 16,434 | $2,071,986,000 | $126,000 | $2,250,000 | $87,000 | $5,000,000 |
| Black or African American | 4,682 | $752,736,000 | $160,000 | $1,105,000 | $87,000 | $5,184,000 |
| Hispanic | 4,431 | $837,331,000 | $188,000 | $1,100,000 | $94,000 | $1,920,000 |
| Asian | 1,753 | $556,880,000 | $317,000 | $1,650,000 | $149,000 | $5,650,000 |
| Not applicable | 406 | $78,977,000 | $194,000 | $750,000 | $0 | $0 |
| American Indian or Alaskan Native | 299 | $39,939,000 | $133,000 | $1,400,000 | $94,000 | $1,152,000 |
| Native Hawaiian or Other Pacific Islander | 254 | $63,372,000 | $249,000 | $900,000 | $121,000 | $1,433,000 |
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) | 74,589 | $12,477,688,000 | $167,000 | $2,292,000 | $100,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) | 3 | $722,000 | $240,000 | $306,000 | $96,000 | $148,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 39,275 | $6,736,016,000 | $171,000 | $2,292,000 | $94,000 | $9,999,000 |
| Loan Originated | 18,248 | $2,363,743,000 | $129,000 | $922,000 | $88,000 | $3,925,000 |
| File Closed For Incompleteness | 12,623 | $2,684,002,000 | $212,000 | $1,650,000 | $143,000 | $3,732,000 |
| Application Approved But Not Accepted | 4,037 | $615,097,000 | $152,000 | $900,000 | $99,000 | $4,500,000 |
| Loan Purchased By The Institution | 406 | $78,977,000 | $194,000 | $750,000 | $0 | $0 |
| Application Withdrawn By Applicant | 3 | $575,000 | $191,000 | $329,000 | $86,000 | $125,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial 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 |
|---|---|---|---|---|---|---|
| Collateral | 13,272 | $2,256,089,000 | $169,000 | $2,000,000 | $100,000 | $9,999,000 |
| Credit History | 11,023 | $1,400,902,000 | $127,000 | $2,292,000 | $89,000 | $9,999,000 |
| Debt-To-Income Ratio | 8,313 | $1,933,130,000 | $232,000 | $1,313,000 | $79,000 | $5,184,000 |
| Other | 5,818 | $925,099,000 | $159,000 | $2,250,000 | $108,000 | $7,000,000 |
| Unverifiable Information | 600 | $183,252,000 | $305,000 | $990,000 | $111,000 | $2,025,000 |
| Employment History | 148 | $29,362,000 | $198,000 | $1,600,000 | $97,000 | $1,128,000 |
| Credit Application Incomplete | 101 | $8,182,000 | $81,000 | $418,000 | $100,000 | $804,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into US Bank North Dakota's 2008 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 US Bank North Dakota'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