Security State Bank
Mortgage Loan Application
Totals and Details
for 2009

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 Security State Bank.
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 Security State Bank
Po Box 157
Iron River, WI 54847
Tel #: available with data download
Federal Regulator * available with data download
Years 2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 206
Total Mortgage Loan Application Amount $23,749,000
Average Mortgage Loan Application Amount $96,333
Highest Mortgage Loan Application Amount $489,000
Average Applicant Income $69,666
Highest Applicant Income $700,000

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 Security State Bank by County in 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Bayfield County Wisconsin 137 $ 14,318,000 $ 104,000 $ 72,000
Douglas County Wisconsin 52 $ 6,480,000 $ 124,000 $ 68,000
Ashland County Wisconsin 11 $ 2,161,000 $ 196,000 $ 208,000
St. Louis County Minnesota 2 $ 30,000 $ 15,000 $ 72,000
Sawyer County Wisconsin 2 $ 293,000 $ 146,000 $ 90,000
Barron County Wisconsin 1 $ 323,000 $ 323,000 $ 104,000
Dane County Wisconsin 1 $ 144,000 $ 144,000 $ 49,000

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 Security State Bank 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 131 $18,645,000 $142,000 $489,000 $91,000 $700,000
Home Improvement 44 $1,809,000 $41,000 $260,000 $54,000 $111,000
Home Purchase 31 $3,295,000 $106,000 $315,000 $64,000 $198,000

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 201 $23,481,000 $116,000 $489,000 $80,000 $700,000
Not Provided 2 $104,000 $52,000 $54,000 $48,000 $80,000
Not applicable 1 $11,000 $11,000 $11,000 $0 $0
Asian 1 $144,000 $144,000 $144,000 $49,000 $49,000
Hispanic 1 $9,000 $9,000 $9,000 $45,000 $45,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0

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) 206 $23,749,000 $115,000 $489,000 $79,000 $700,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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
Loan Originated 173 $20,409,000 $117,000 $489,000 $83,000 $700,000
Application Denied By Financial Institution 28 $2,932,000 $104,000 $303,000 $54,000 $145,000
Application Withdrawn By Applicant 3 $317,000 $105,000 $136,000 $65,000 $96,000
Application Approved But Not Accepted 1 $79,000 $79,000 $79,000 $86,000 $86,000
Loan Purchased By The Institution 1 $12,000 $12,000 $12,000 $120,000 $120,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 9 $1,123,000 $124,000 $295,000 $44,000 $96,000
Collateral 8 $583,000 $72,000 $303,000 $64,000 $145,000
Credit History 3 $316,000 $105,000 $166,000 $64,000 $140,000
Insufficient Cash (Downpayment, Closing Cost) 1 $172,000 $172,000 $172,000 $66,000 $66,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 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