Tower Credit Union
Mortgage Loan Application
Totals and Details
for 2007

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 Tower 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 Tower Credit Union
610 N 2Nd Ave
Wausau, WI 54401
Tel #: available with data download
Federal Regulator * available with data download
Years 2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 98
Total Mortgage Loan Application Amount $5,261,000
Average Mortgage Loan Application Amount $49,666
Highest Mortgage Loan Application Amount $203,000
Average Applicant Income $55,666
Highest Applicant Income $162,000

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 Tower Credit Union by County in 2007

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Marathon County Wisconsin 52 $ 2,727,000 $ 52,000 $ 56,000
Wood County Wisconsin 15 $ 582,000 $ 38,000 $ 49,000
Lincoln County Wisconsin 5 $ 455,000 $ 91,000 $ 79,000
Portage County Wisconsin 5 $ 251,000 $ 50,000 $ 37,000
Shawano County Wisconsin 5 $ 348,000 $ 69,000 $ 87,000
Taylor County Wisconsin 5 $ 269,000 $ 53,000 $ 60,000
Clark County Wisconsin 3 $ 121,000 $ 40,000 $ 48,000
Johnson County Tennessee 1 $ 31,000 $ 31,000 $ 53,000
Grant County Wisconsin 1 $ 69,000 $ 69,000 $ 100,000
Jackson County Wisconsin 1 $ 74,000 $ 74,000 $ 142,000
Oneida County Wisconsin 1 $ 110,000 $ 110,000 $ 68,000
Price County Wisconsin 1 $ 120,000 $ 120,000 $ 94,000
Vilas County Wisconsin 1 $ 16,000 $ 16,000 $ 40,000

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 Tower Credit Union in 2007

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 54 $2,818,000 $52,000 $162,000 $58,000 $115,000
Home Purchase 32 $2,031,000 $63,000 $203,000 $61,000 $162,000
Home Improvement 12 $412,000 $34,000 $112,000 $48,000 $87,000

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 90 $4,747,000 $52,000 $203,000 $59,000 $162,000
Not Provided 4 $111,000 $27,000 $46,000 $55,000 $96,000
Asian 3 $321,000 $107,000 $153,000 $44,000 $54,000
Black or African American 1 $82,000 $82,000 $82,000 $40,000 $40,000
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 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) 98 $5,261,000 $53,000 $203,000 $58,000 $162,000
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 86 $4,696,000 $54,000 $203,000 $59,000 $162,000
Application Denied By Financial Institution 8 $480,000 $60,000 $153,000 $45,000 $85,000
Application Withdrawn By Applicant 4 $85,000 $21,000 $30,000 $55,000 $103,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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 6 $294,000 $49,000 $153,000 $53,000 $85,000
Debt-To-Income Ratio 2 $186,000 $93,000 $126,000 $22,000 $35,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 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