Marinette County, WI Mortgage Lenders & HMDA Data, 2012

In 2012, lenders reported 2,351 mortgage applications in Marinette County, WI totaling $271.8 million, up 17% from 2011. The average application was for $115,000, and applicants reported an average income of $70,000. 60% of applications resulted in an originated loan and 16% were denied. The most active lender was Associated Bank NA, with 305 applications, followed by Bank Mutual and Stephenson National Bank & Trust.

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Total Number of Mortgage Applications 2,351
Total Mortgage Loan Application Amount $271,758,000
Average Mortgage Loan Application Amount $115,000
Highest Mortgage Loan Application Amount $8,013,000
Average Applicant Income $70,000
Highest Applicant Income $2,374,000
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Top Mortgage Lenders in Marinette County, WI (2012)

Ranked by the number of mortgage applications each lender reported in Marinette County, WI in 2012.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Associated Bank NA
Green Bay, WI
305 $32,916,000 $107,000 $85,000
2 Bank Mutual
Milwaukee, WI
220 $22,739,000 $103,000 $69,000
3 Stephenson National Bank & Trust
Marinette, WI
209 $22,173,000 $106,000 $83,000
4 Wells Fargo Bank NA
Minneapolis, MN
189 $22,210,000 $117,000 $57,000
5 Nicolet National Bank
Green Bay, WI
174 $21,682,000 $124,000 $77,000
6 JPMorgan Chase Bank, NA
Columbus, OH
111 $12,515,000 $112,000 $56,000
7 BMO Harris Bank NA
Chicago, IL
101 $10,460,000 $103,000 $83,000
8 Franklin American Mortgage Company
Franklin, TN
97 $13,939,000 $143,000 $3,000
9 The Peshtigo National Bank
Peshtigo, WI
57 $5,361,000 $94,000 $61,000
10 Bank of America NA
Westlake Village, CA
42 $5,085,000 $121,000 $79,000

See every lender active in Marinette County, WI in 2012 »

The tables below break down 2012 mortgage applications in Marinette 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 Marinette County, WI in 2012

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 1,717 $210,864,000 $122,000 $8,013,000 $70,000 $1,056,000
Home Purchase 512 $53,089,000 $103,000 $900,000 $72,000 $2,374,000
Home Improvement 122 $7,805,000 $63,000 $350,000 $64,000 $554,000

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 2,038 $220,658,000 $108,000 $3,592,000 $75,000 $2,374,000
Not applicable 195 $37,646,000 $193,000 $8,013,000 $12,000 $258,000
Not Provided 87 $9,669,000 $111,000 $825,000 $64,000 $281,000
Hispanic 17 $1,895,000 $111,000 $328,000 $112,000 $372,000
American Indian or Alaskan Native 8 $899,000 $112,000 $248,000 $46,000 $120,000
Asian 4 $851,000 $212,000 $237,000 $171,000 $425,000
Black or African American 1 $35,000 $35,000 $35,000 $18,000 $18,000
Native Hawaiian or Other Pacific Islander 1 $105,000 $105,000 $105,000 $29,000 $29,000

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) 1,939 $219,257,000 $113,000 $3,592,000 $76,000 $2,374,000
FHA-insured (Federal Housing Administration) 218 $31,257,000 $143,000 $8,013,000 $39,000 $194,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 106 $9,384,000 $88,000 $284,000 $39,000 $93,000
VA-guaranteed (Veterans Administration) 88 $11,860,000 $134,000 $375,000 $48,000 $400,000

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 1,422 $160,426,000 $112,000 $3,592,000 $79,000 $1,056,000
Application Denied By Financial Institution 379 $45,490,000 $120,000 $8,013,000 $66,000 $2,374,000
Loan Purchased By The Institution 279 $35,993,000 $129,000 $403,000 $31,000 $258,000
Application Withdrawn By Applicant 142 $14,805,000 $104,000 $303,000 $65,000 $640,000
Application Approved But Not Accepted 77 $9,572,000 $124,000 $900,000 $82,000 $372,000
File Closed For Incompleteness 52 $5,472,000 $105,000 $182,000 $62,000 $391,000
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
Credit History 108 $8,927,000 $82,000 $825,000 $71,000 $2,374,000
Collateral 89 $10,521,000 $118,000 $587,000 $79,000 $999,000
Debt-To-Income Ratio 54 $5,104,000 $94,000 $283,000 $42,000 $118,000
Other 32 $3,109,000 $97,000 $222,000 $61,000 $139,000
Credit Application Incomplete 20 $2,512,000 $125,000 $284,000 $60,000 $275,000
Unverifiable Information 12 $1,762,000 $146,000 $417,000 $194,000 $999,000
Insufficient Cash (Downpayment, Closing Cost) 6 $405,000 $67,000 $106,000 $48,000 $125,000
Employment History 5 $432,000 $86,000 $159,000 $33,000 $51,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

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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