Wood County, WI Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 1,605 mortgage applications in Wood County, WI totaling $183.9 million, down 28% from 2013. The average application was for $114,000, and applicants reported an average income of $60,000. 60% of applications resulted in an originated loan and 19% were denied. The most active lender was Associated Bank NA, with 190 applications, followed by US Bank, N.A. and Valley Communities Credit Union.

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Total Number of Mortgage Applications 1,605
Total Mortgage Loan Application Amount $183,878,000
Average Mortgage Loan Application Amount $114,000
Highest Mortgage Loan Application Amount $4,150,000
Average Applicant Income $60,000
Highest Applicant Income $654,000
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Top Mortgage Lenders in Wood County, WI (2014)

Ranked by the number of mortgage applications each lender reported in Wood County, WI in 2014.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Associated Bank NA
Green Bay, WI
190 $23,889,000 $125,000 $64,000
2 US Bank, N.A.
Cincinnati, OH
111 $10,075,000 $90,000 $63,000
3 Valley Communities Credit Union
Mosinee, WI
104 $5,383,000 $51,000 $61,000
4 BMO Harris Bank NA
Chicago, IL
90 $8,312,000 $92,000 $79,000
5 Wells Fargo Bank NA
Minneapolis, MN
76 $8,790,000 $115,000 $59,000
6 Woodtrust Bank
Wisconsin Rapids, WI
68 $6,258,000 $92,000 $69,000
7 Prevail Bank
Medford, WI
65 $7,235,000 $111,000 $74,000
8 Servion
New Brighton, MN
59 $6,465,000 $109,000 $57,000
9 Forward Bank
Marshfield, WI
51 $7,310,000 $143,000 $74,000
10 Inlanta Mortgage, Inc.
Pewaukee, WI
49 $5,171,000 $105,000 $48,000

See every lender active in Wood County, WI in 2014 »

The tables below break down 2014 mortgage applications in Wood 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 Wood County, WI in 2014

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 788 $95,875,000 $121,000 $4,150,000 $58,000 $654,000
Home Purchase 672 $80,718,000 $120,000 $2,240,000 $61,000 $629,000
Home Improvement 145 $7,285,000 $50,000 $260,000 $72,000 $432,000

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 1,359 $138,451,000 $101,000 $880,000 $63,000 $654,000
Not applicable 112 $30,734,000 $274,000 $4,150,000 $3,000 $78,000
Not Provided 103 $11,364,000 $110,000 $365,000 $81,000 $450,000
Hispanic 11 $1,064,000 $96,000 $238,000 $82,000 $339,000
Asian 7 $627,000 $89,000 $242,000 $56,000 $114,000
American Indian or Alaskan Native 6 $560,000 $93,000 $292,000 $72,000 $173,000
Black or African American 4 $395,000 $98,000 $112,000 $63,000 $88,000
Native Hawaiian or Other Pacific Islander 3 $683,000 $227,000 $463,000 $43,000 $61,000

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) 1,175 $136,120,000 $115,000 $4,150,000 $67,000 $654,000
FHA-insured (Federal Housing Administration) 175 $17,916,000 $102,000 $242,000 $41,000 $192,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 148 $16,141,000 $109,000 $648,000 $33,000 $87,000
VA-guaranteed (Veterans Administration) 107 $13,701,000 $128,000 $373,000 $51,000 $138,000

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 968 $117,314,000 $121,000 $4,150,000 $66,000 $629,000
Application Denied By Financial Institution 297 $28,696,000 $96,000 $465,000 $61,000 $654,000
Loan Purchased By The Institution 147 $16,498,000 $112,000 $417,000 $27,000 $133,000
Application Withdrawn By Applicant 112 $11,896,000 $106,000 $365,000 $58,000 $250,000
Application Approved But Not Accepted 48 $4,683,000 $97,000 $195,000 $52,000 $224,000
File Closed For Incompleteness 33 $4,791,000 $145,000 $880,000 $53,000 $120,000
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 74 $5,230,000 $70,000 $220,000 $64,000 $654,000
Debt-To-Income Ratio 47 $4,578,000 $97,000 $265,000 $34,000 $78,000
Collateral 42 $4,812,000 $114,000 $310,000 $83,000 $277,000
Credit Application Incomplete 14 $2,173,000 $155,000 $342,000 $101,000 $288,000
Other 11 $808,000 $73,000 $133,000 $63,000 $125,000
Insufficient Cash (Downpayment, Closing Cost) 7 $847,000 $121,000 $295,000 $81,000 $263,000
Unverifiable Information 6 $504,000 $84,000 $130,000 $56,000 $95,000
Employment History 5 $469,000 $93,000 $152,000 $47,000 $120,000
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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