Marathon County, WI Mortgage Lenders & HMDA Data, 2009

In 2009, lenders reported 11,236 mortgage applications in Marathon County, WI totaling $1.5 billion, up 30% from 2008. The average application was for $129,000, and applicants reported an average income of $73,000. 65% of applications resulted in an originated loan and 11% were denied. The most active lender was Abbybank, with 883 applications, followed by Associated Bank, N.A. and Peoples State Bank.

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Total Number of Mortgage Applications 11,236
Total Mortgage Loan Application Amount $1,459,072,000
Average Mortgage Loan Application Amount $129,000
Highest Mortgage Loan Application Amount $5,865,000
Average Applicant Income $73,000
Highest Applicant Income $1,560,000
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Top Mortgage Lenders in Marathon County, WI (2009)

Ranked by the number of mortgage applications each lender reported in Marathon County, WI in 2009.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Abbybank
Abbotsford, WI
883 $121,070,000 $137,000 $75,000
2 Associated Bank, N.A.
Green Bay, WI
877 $108,503,000 $123,000 $73,000
3 Peoples State Bank
Wausau, WI
819 $114,680,000 $140,000 $95,000
4 Intercity State Bank
Schofield, WI
742 $86,172,000 $116,000 $73,000
5 Wells Fargo Bank, NA
Des Moines, IA
546 $74,993,000 $137,000 $61,000
6 Covantage Credit Union
Antigo, WI
486 $47,673,000 $98,000 $74,000
7 Incrediblebank
Wausau, WI
455 $67,916,000 $149,000 $79,000
8 Bank of America, N.A.
Calabasas, CA
396 $54,513,000 $137,000 $57,000
9 M&I Marshall & Ilsley Bank
Cedarburg, WI
355 $53,298,000 $150,000 $105,000
10 Time Federal Savings Bank
Medford, WI
350 $44,093,000 $125,000 $77,000

See every lender active in Marathon County, WI in 2009 »

The tables below break down 2009 mortgage applications in Marathon County, WI by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Marathon County, WI in 2009

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 8,796 $1,196,640,000 $136,000 $5,865,000 $76,000 $1,560,000
Home Purchase 2,041 $237,581,000 $116,000 $1,419,000 $62,000 $1,363,000
Home Improvement 399 $24,851,000 $62,000 $710,000 $69,000 $696,000

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 9,972 $1,282,622,000 $128,000 $5,380,000 $76,000 $1,560,000
Not applicable 500 $82,207,000 $164,000 $5,865,000 $24,000 $353,000
Not Provided 351 $46,999,000 $133,000 $710,000 $63,000 $636,000
Asian 273 $31,114,000 $113,000 $417,000 $69,000 $600,000
Hispanic 74 $7,762,000 $104,000 $332,000 $51,000 $189,000
Black or African American 29 $4,223,000 $145,000 $396,000 $88,000 $450,000
American Indian or Alaskan Native 27 $2,928,000 $108,000 $416,000 $67,000 $192,000
Native Hawaiian or Other Pacific Islander 10 $1,217,000 $121,000 $340,000 $57,000 $177,000

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) 9,537 $1,234,453,000 $129,000 $5,865,000 $79,000 $1,560,000
FHA-insured (Federal Housing Administration) 1,386 $183,110,000 $132,000 $495,000 $43,000 $564,000
VA-guaranteed (Veterans Administration) 173 $26,334,000 $152,000 $380,000 $35,000 $363,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 140 $15,175,000 $108,000 $184,000 $30,000 $81,000

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 7,318 $935,268,000 $127,000 $5,865,000 $79,000 $1,363,000
Application Denied By Financial Institution 1,280 $163,705,000 $127,000 $1,400,000 $59,000 $1,100,000
Loan Purchased By The Institution 1,168 $157,708,000 $135,000 $417,000 $57,000 $921,000
Application Withdrawn By Applicant 872 $119,638,000 $137,000 $1,419,000 $75,000 $1,560,000
Application Approved But Not Accepted 376 $53,177,000 $141,000 $5,380,000 $72,000 $696,000
File Closed For Incompleteness 222 $29,576,000 $133,000 $416,000 $60,000 $255,000
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
Debt-To-Income Ratio 239 $33,026,000 $138,000 $638,000 $47,000 $237,000
Credit History 234 $23,761,000 $101,000 $608,000 $56,000 $586,000
Collateral 209 $29,460,000 $140,000 $417,000 $73,000 $388,000
Other 70 $10,568,000 $150,000 $590,000 $76,000 $480,000
Credit Application Incomplete 28 $3,502,000 $125,000 $417,000 $62,000 $225,000
Unverifiable Information 24 $3,969,000 $165,000 $417,000 $156,000 $1,100,000
Insufficient Cash (Downpayment, Closing Cost) 24 $2,863,000 $119,000 $279,000 $47,000 $95,000
Employment History 14 $1,447,000 $103,000 $228,000 $32,000 $60,000
Mortgage Insurance Denied 7 $860,000 $122,000 $149,000 $52,000 $76,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (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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