Bloomington-Normal, IL Metro Area Mortgage Lenders & HMDA Data, 2010
In 2010, lenders reported 12,812 mortgage applications in Bloomington-Normal, IL metro area totaling $2.0 billion, down 9% from 2009. The average application was for $153,139, and applicants reported an average income of $86,000. 63% of applications resulted in an originated loan and 9% were denied. The most active lender was Heartland Bank & Trust Company, with 1,619 applications, followed by Busey Bank and PNC Bank N.A..
Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics
for all lenders based in Illinois.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed
about local mortgage trends and lending activity.
| Years | 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 12,812 |
| Total Mortgage Loan Application Amount | $1,962,023,000 |
| Average Mortgage Loan Application Amount | $153,139 |
| Highest Mortgage Loan Application Amount | $11,167,000 |
| Average Applicant Income | $86,000 |
| Highest Applicant Income | $4,873,000 |
Top Mortgage Lenders in Bloomington-Normal, IL Metro Area (2010)
Ranked by the number of mortgage applications each lender reported in Bloomington-Normal, IL metro area in 2010.
| # | Mortgage Lender | Mortgage Applications | Total Dollar Amount | Average Loan Amount | Average Applicant Income |
|---|---|---|---|---|---|
| 1 | Heartland Bank & Trust Company Bloomington, IL |
1,619 | $235,517,000 | $145,000 | $84,000 |
| 2 | Busey Bank Champaign, IL |
1,562 | $217,107,000 | $138,000 | $96,000 |
| 3 | PNC Bank N.A. Pittsburgh, PA |
1,452 | $202,478,000 | $139,000 | $88,000 |
| 4 | First State Mortgage Services Bloomington, IL |
1,146 | $200,124,000 | $174,000 | $101,000 |
| 5 | Wells Fargo Bank, NA Winston-Salem, NC |
735 | $115,528,000 | $157,000 | $103,000 |
| 6 | Wells Fargo Funding, Inc Winston-Salem, NC |
638 | $103,651,000 | $162,000 | $86,000 |
| 7 | JPMorgan Chase Bank, NA Columbus, OH |
522 | $83,375,000 | $159,000 | $91,000 |
| 8 | US Bank, N.A. Milwaukee, WI |
477 | $84,394,000 | $176,000 | $45,000 |
| 9 | Bank of America, N.A. Calabasas, CA |
409 | $59,535,000 | $145,000 | $79,000 |
| 10 | State Farm Bank Bloomington, IL |
376 | $62,694,000 | $166,000 | $98,000 |
See every lender active in Bloomington-Normal, IL metro area in 2010 »
The tables below break down 2010 mortgage applications in Bloomington-Normal, IL metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.
Mortgage Loan Application Detail Totals for Bloomington-Normal, IL in 2010
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 | 9,111 | $1,421,955,000 | $156,000 | $5,440,000 | $91,000 | $4,873,000 |
| Home Purchase | 3,247 | $499,692,000 | $153,000 | $11,167,000 | $72,000 | $1,047,000 |
| Home Improvement | 454 | $40,376,000 | $88,000 | $4,207,000 | $83,000 | $1,387,000 |
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 | 9,830 | $1,447,993,000 | $147,000 | $1,653,000 | $95,000 | $4,873,000 |
| Not applicable | 1,224 | $243,730,000 | $199,000 | $11,167,000 | $4,000 | $412,000 |
| Not Provided | 848 | $125,228,000 | $147,000 | $935,000 | $95,000 | $660,000 |
| Asian | 404 | $71,816,000 | $177,000 | $735,000 | $105,000 | $481,000 |
| Black or African American | 288 | $43,467,000 | $150,000 | $650,000 | $88,000 | $926,000 |
| Hispanic | 177 | $24,349,000 | $137,000 | $542,000 | $72,000 | $297,000 |
| American Indian or Alaskan Native | 26 | $3,336,000 | $128,000 | $412,000 | $91,000 | $383,000 |
| Native Hawaiian or Other Pacific Islander | 15 | $2,104,000 | $140,000 | $211,000 | $80,000 | $160,000 |
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) | 10,429 | $1,613,321,000 | $154,000 | $11,167,000 | $93,000 | $4,873,000 |
| FHA-insured (Federal Housing Administration) | 1,938 | $279,740,000 | $144,000 | $4,207,000 | $58,000 | $235,000 |
| VA-guaranteed (Veterans Administration) | 333 | $57,391,000 | $172,000 | $429,000 | $52,000 | $209,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 112 | $11,571,000 | $103,000 | $235,000 | $43,000 | $114,000 |
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 | 8,118 | $1,260,841,000 | $155,000 | $11,167,000 | $98,000 | $1,400,000 |
| Loan Purchased By The Institution | 2,205 | $355,495,000 | $161,000 | $6,381,000 | $44,000 | $1,200,000 |
| Application Denied By Financial Institution | 1,184 | $148,648,000 | $125,000 | $1,400,000 | $77,000 | $4,873,000 |
| Application Withdrawn By Applicant | 726 | $111,207,000 | $153,000 | $935,000 | $94,000 | $1,000,000 |
| Application Approved But Not Accepted | 387 | $56,153,000 | $145,000 | $500,000 | $94,000 | $780,000 |
| File Closed For Incompleteness | 192 | $29,679,000 | $154,000 | $417,000 | $75,000 | $681,000 |
| 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 | 254 | $26,799,000 | $105,000 | $1,400,000 | $79,000 | $4,873,000 |
| Collateral | 230 | $32,712,000 | $142,000 | $1,035,000 | $91,000 | $1,100,000 |
| Debt-To-Income Ratio | 223 | $27,366,000 | $122,000 | $750,000 | $59,000 | $660,000 |
| Credit Application Incomplete | 193 | $28,779,000 | $149,000 | $819,000 | $91,000 | $960,000 |
| Other | 83 | $9,676,000 | $116,000 | $308,000 | $81,000 | $415,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 27 | $3,515,000 | $130,000 | $333,000 | $83,000 | $185,000 |
| Employment History | 15 | $1,550,000 | $103,000 | $161,000 | $37,000 | $92,000 |
| Unverifiable Information | 12 | $1,554,000 | $129,000 | $245,000 | $91,000 | $192,000 |
| Mortgage Insurance Denied | 6 | $913,000 | $152,000 | $210,000 | $95,000 | $139,000 |
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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About