Summit Credit Union
Mortgage Loan Application
Totals and Details
for 2022

Find mortgage loan statistics, lending data, and loan application totals for Wisconsin.
The mortgage statistics and data below are specific to mortgage loan applications for Summit Credit Union.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Summit Credit Union
Po Box 8046
Madison, WI 53708
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 21,327
Total Mortgage Loan Application Amount $3,498,535,000
Average Mortgage Loan Application Amount $144,800
Highest Mortgage Loan Application Amount $12,805,000
Average Applicant Income $116,600
Highest Applicant Income $7,750,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in WI, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Summit Credit Union by Metropolitan Area in 2022

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
MADISON, WI 7,594 $ 1,112,800,000 $ 146,000 $ 126,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 4,454 $ 632,330,000 $ 141,000 $ 126,000
NA (OUTSIDE OF MSA/MD) 2,976 $ 365,660,000 $ 297,333 $ 141,000
JANESVILLE-BELOIT, WI 833 $ 84,255,000 $ 101,000 $ 96,000
RACINE, WI 291 $ 38,815,000 $ 133,000 $ 129,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 144 $ 16,150,000 $ 190,000 $ 126,500
FOND DU LAC, WI 122 $ 15,750,000 $ 129,000 $ 99,000
SHEBOYGAN, WI 107 $ 14,545,000 $ 135,000 $ 109,000
OSHKOSH-NEENAH, WI 47 $ 20,435,000 $ 434,000 $ 134,000
GREEN BAY, WI 43 $ 7,555,000 $ 175,000 $ 132,000
APPLETON, WI 37 $ 4,675,000 $ 126,000 $ 137,000
CHICAGO-NAPERVILLE, IL 34 $ 5,610,000 $ 165,000 $ 149,000
WAUSAU, WI 33 $ 5,345,000 $ 161,000 $ 123,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 25 $ 4,585,000 $ 183,500 $ 136,500
EAU CLAIRE, WI 16 $ 2,470,000 $ 154,000 $ 141,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 14 $ 3,300,000 $ 235,000 $ 194,000
LA CROSSE-ONALASKA, WI-MN 11 $ 1,485,000 $ 135,000 $ 120,000
CAPE CORAL-FORT MYERS, FL 10 $ 3,070,000 $ 307,000 $ 236,000
ROCKFORD, IL 10 $ 1,240,000 $ 124,000 $ 124,000
ORLANDO-KISSIMMEE-SANFORD, FL 7 $ 2,245,000 $ 320,000 $ 142,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 4 $ 2,440,000 $ 610,000 $ 865,000
PHOENIX-MESA-SCOTTSDALE, AZ 4 $ 1,130,000 $ 282,000 $ 151,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 3 $ 495,000 $ 165,000 $ 80,000
DULUTH, MN-WI 3 $ 875,000 $ 297,500 $ 150,000
JACKSONVILLE, FL 3 $ 545,000 $ 181,000 $ 127,000
THE VILLAGES, FL 3 $ 645,000 $ 215,000 $ 100,000
BLOOMINGTON, IL 2 $ 240,000 $ 120,000 $ 129,000
DENVER-AURORA-LAKEWOOD, CO 2 $ 620,000 $ 310,000 $ 149,000
ELGIN, IL 2 $ 80,000 $ 40,000 $ 132,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 2 $ 110,000 $ 55,000 $ 102,000
PEORIA, IL 2 $ 180,000 $ 90,000 $ 97,000
PUNTA GORDA, FL 2 $ 1,170,000 $ 585,000 $ 673,000
TALLAHASSEE, FL 2 $ 410,000 $ 205,000 $ 328,000
AUSTIN-ROUND ROCK, TX 1 $ 35,000 $ 35,000 $ 2,100,000
COLORADO SPRINGS, CO 1 $ 25,000 $ 25,000 $ 146,000
DECATUR, IL 1 $ 115,000 $ 115,000 $ 41,000
DETROIT-DEARBORN-LIVONIA, MI 1 $ 75,000 $ 75,000 $ 110,000
FLAGSTAFF, AZ 1 $ 35,000 $ 35,000 $ 48,000
GAINESVILLE, FL 1 $ 165,000 $ 165,000 $ 96,000
GARY, IN 1 $ 15,000 $ 15,000 $ 58,000
LANSING-EAST LANSING, MI 1 $ 25,000 $ 25,000 $ 145,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 1 $ 35,000 $ 35,000 $ 58,000
NORTH PORT-SARASOTA-BRADENTON, FL 1 $ 45,000 $ 45,000 $ 108,000
OCALA, FL 1 $ 255,000 $ 255,000 $ 45,000
PANAMA CITY, FL 1 $ 245,000 $ 245,000 $ 186,000
ROCHESTER, MN 1 $ 25,000 $ 25,000 $ 170,000
ROCHESTER, NY 1 $ 15,000 $ 15,000 $ 604,000
SEBASTIAN-VERO BEACH, FL 1 $ 65,000 $ 65,000 $ 116,000
TUCSON, AZ 1 $ 25,000 $ 25,000 $ 100,000
WARREN-TROY-FARMINGTON HILLS, MI 1 $ 195,000 $ 195,000 $ 70,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 1 $ 205,000 $ 205,000 $ 63,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Wisconsin, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Summit Credit Union in 2022

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 7,948 $2,145,640,000 $269,000 $12,805,000 $111,000 $4,607,000
Other Purpose 4,324 $287,490,000 $66,000 $805,000 $122,000 $7,750,000
Refinancing 3,821 $520,865,000 $136,000 $10,325,000 $121,000 $7,449,000
Home Improvement 3,565 $226,495,000 $63,000 $1,125,000 $128,000 $5,940,000
Cash-out Refinancing 1,669 $318,045,000 $190,000 $865,000 $101,000 $800,000
Not Applicable 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 16,204 $2,588,500,000 $159,000 $1,805,000 $117,000 $7,449,000
Not Provided 2,422 $382,460,000 $157,000 $1,605,000 $125,000 $7,750,000
Hispanic 1,039 $156,505,000 $150,000 $755,000 $96,000 $4,607,000
Black or African American 793 $110,575,000 $139,000 $935,000 $93,000 $2,100,000
Asian 492 $114,360,000 $232,000 $1,605,000 $133,000 $1,320,000
Not applicable 159 $92,445,000 $581,000 $12,805,000 $74,000 $108,000
American Indian or Alaskan Native 104 $16,330,000 $157,000 $545,000 $118,000 $1,120,000
Native Hawaiian or Other Pacific Islander 11 $1,685,000 $153,000 $545,000 $117,000 $305,000

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) 21,275 $3,488,585,000 $163,000 $12,805,000 $117,000 $7,750,000
FHA-insured (Federal Housing Administration) 46 $8,810,000 $191,000 $415,000 $65,000 $168,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $1,140,000 $190,000 $365,000 $66,000 $82,000
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
Loan Originated 13,065 $1,813,675,000 $138,000 $12,805,000 $123,000 $7,750,000
Preapproval Approved but not Accepted 3,415 $941,985,000 $275,000 $1,605,000 $110,000 $3,934,000
Application Approved But Not Accepted 1,637 $245,925,000 $150,000 $1,535,000 $122,000 $4,607,000
Application Denied By Financial Institution 1,482 $164,910,000 $111,000 $1,715,000 $99,000 $7,449,000
Preapproval Denied by Financial Institution 866 $169,180,000 $195,000 $965,000 $64,000 $890,000
Application Withdrawn By Applicant 758 $133,930,000 $176,000 $1,495,000 $124,000 $2,798,000
File Closed For Incompleteness 104 $28,930,000 $278,000 $1,305,000 $126,000 $816,000
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
Not applicable 18,979 $3,164,445,000 $166,000 $12,805,000 $121,000 $7,750,000
Credit History 1,083 $154,495,000 $142,000 $1,105,000 $97,000 $7,449,000
Debt-To-Income Ratio 912 $147,020,000 $161,000 $1,715,000 $59,000 $409,000
Other 242 $20,070,000 $82,000 $645,000 $127,000 $2,100,000
Collateral 78 $7,140,000 $91,000 $705,000 $130,000 $715,000
Unverifiable Information 24 $3,910,000 $162,000 $505,000 $146,000 $1,320,000
Employment History 7 $1,115,000 $159,000 $245,000 $42,000 $75,000
Insufficient Cash (Downpayment, Closing Cost) 2 $340,000 $170,000 $195,000 $83,000 $94,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in WI, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Wisconsin, and search similar information at your convenience.

Download the Wisconsin Lender List