Illinois
Mortgage Loan Application
Totals and Details
in 2016

Years 2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 583,019
Total Mortgage Loan Application Amount $130,382,761,000
Average Mortgage Loan Application Amount $223,000
Highest Mortgage Loan Application Amount $99,999,000
Average Applicant Income $99,000
Highest Applicant Income $9,999,000
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Mortgage Loan Application Detail Totals for Illinois in 2016

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 297,851 $69,388,541,000 $232,000 $99,999,000 $107,000 $9,999,000
Home Purchase 253,625 $57,120,076,000 $225,000 $99,999,000 $91,000 $9,999,000
Home Improvement 31,543 $3,874,144,000 $122,000 $87,500,000 $96,000 $9,999,000

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 356,208 $78,148,628,000 $219,000 $99,999,000 $115,000 $9,999,000
Not applicable 60,025 $18,719,784,000 $311,000 $99,999,000 $24,000 $2,674,000
Hispanic 52,006 $8,793,728,000 $169,000 $20,000,000 $68,000 $7,396,000
Not Provided 44,373 $10,183,972,000 $229,000 $99,999,000 $118,000 $9,999,000
Black or African American 37,009 $5,790,459,000 $156,000 $99,999,000 $68,000 $6,000,000
Asian 30,876 $8,246,546,000 $267,000 $5,300,000 $132,000 $4,500,000
American Indian or Alaskan Native 1,349 $223,555,000 $165,000 $2,000,000 $80,000 $1,227,000
Native Hawaiin or Other Pacific Islander 1,173 $276,089,000 $235,000 $1,895,000 $109,000 $822,000

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) 436,465 $104,349,616,000 $239,000 $99,999,000 $116,000 $9,999,000
FHA-insured (Federal Housing Administration) 109,585 $19,129,144,000 $174,000 $99,999,000 $46,000 $3,692,000
VA-guaranteed (Veterans Administration) 30,536 $6,282,142,000 $205,000 $1,600,000 $58,000 $4,800,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6,433 $621,859,000 $96,000 $1,955,000 $34,000 $1,580,000

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 317,597 $75,544,881,000 $237,000 $99,999,000 $112,000 $9,999,000
Application Denied By Financial Institution 90,644 $16,588,817,000 $183,000 $99,999,000 $87,000 $9,942,000
Loan Purchased By The Institution 87,408 $18,500,436,000 $211,000 $65,716,000 $60,000 $9,999,000
Application Withdrawn By Applicant 53,555 $12,708,320,000 $237,000 $99,999,000 $105,000 $9,999,000
File Closed For Incompleteness 20,149 $4,334,529,000 $215,000 $99,999,000 $99,000 $9,660,000
Application Approved But Not Accepted 13,654 $2,704,569,000 $198,000 $16,504,000 $103,000 $8,518,000
Preapproval Denied by Financial Institution 12 $1,209,000 $100,000 $325,000 $63,000 $195,000
Preapproval Approved but not Accepted 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 14,060 $1,608,522,000 $114,000 $12,180,000 $83,000 $8,500,000
Debt-To-Income Ratio 14,054 $2,689,834,000 $191,000 $6,000,000 $68,000 $2,109,000
Collateral 11,592 $2,401,512,000 $207,000 $8,360,000 $111,000 $6,447,000
Credit Application Incomplete 7,509 $1,662,121,000 $221,000 $3,000,000 $114,000 $9,942,000
Other 4,118 $1,195,472,000 $290,000 $99,999,000 $94,000 $7,000,000
Unverifiable Information 2,132 $432,212,000 $202,000 $2,625,000 $99,000 $2,500,000
Insufficient Cash (Downpayment, Closing Cost) 1,498 $312,766,000 $208,000 $3,745,000 $95,000 $3,184,000
Employment History 717 $127,067,000 $177,000 $1,500,000 $80,000 $3,646,000
Mortgage Insurance Denied 79 $15,741,000 $199,000 $6,444,000 $66,000 $220,000
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Mortgage Loan Application Totals in 2016 by Illinois Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
BLOOMINGTON, IL 8,567 $ 1,474,613,000 $ 172,000 $ 85,000
CARBONDALE-MARION, IL 4,017 $ 490,104,000 $ 122,000 $ 74,000
CHAMPAIGN-URBANA, IL 8,616 $ 1,488,824,000 $ 172,000 $ 88,000
CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL 361,900 $ 94,177,916,000 $ 260,000 $ 109,000
DANVILLE, IL 2,096 $ 191,738,000 $ 91,000 $ 60,000
DECATUR, IL 3,560 $ 354,002,000 $ 99,000 $ 68,000
ELGIN, IL 33,151 $ 6,720,809,000 $ 202,000 $ 88,000
KANKAKEE, IL 4,302 $ 561,292,000 $ 130,000 $ 69,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 38,353 $ 10,182,130,000 $ 265,000 $ 126,000
PEORIA, IL 14,737 $ 1,958,438,000 $ 132,000 $ 78,000
ROCKFORD, IL 12,872 $ 1,553,912,000 $ 120,000 $ 64,000
SPRINGFIELD, IL 9,741 $ 1,311,430,000 $ 134,000 $ 80,000
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Mortgage Loan Application Totals in 2016 by Illinois County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Adams 1,575 $ 193,612,000 $ 122,000 $ 73,000
Alexander 123 $ 7,840,000 $ 63,000 $ 55,000
Bond 618 $ 70,352,000 $ 113,000 $ 66,000
Boone 2,448 $ 343,914,000 $ 140,000 $ 77,000
Brown 64 $ 9,746,000 $ 152,000 $ 46,000
Bureau 884 $ 86,777,000 $ 98,000 $ 66,000
Calhoun 144 $ 15,992,000 $ 111,000 $ 74,000
Carroll 420 $ 54,953,000 $ 130,000 $ 102,000
Cass 329 $ 22,941,000 $ 69,000 $ 70,000
Champaign 7,428 $ 1,346,961,000 $ 181,000 $ 91,000
Christian 1,077 $ 93,282,000 $ 86,000 $ 60,000
Clark 382 $ 38,616,000 $ 101,000 $ 73,000
Clay 182 $ 15,958,000 $ 87,000 $ 49,000
Clinton 1,625 $ 221,143,000 $ 136,000 $ 75,000
Coles 1,049 $ 106,470,000 $ 101,000 $ 63,000
Cook 234,798 $ 64,687,063,000 $ 275,000 $ 113,000
Crawford 298 $ 24,252,000 $ 81,000 $ 61,000
Cumberland 177 $ 18,017,000 $ 101,000 $ 65,000
De Witt 641 $ 68,749,000 $ 107,000 $ 64,000
DeKalb 4,219 $ 667,249,000 $ 158,000 $ 73,000
Douglas 606 $ 62,197,000 $ 102,000 $ 61,000
DuPage 53,223 $ 14,830,263,000 $ 278,000 $ 122,000
Edgar 440 $ 35,203,000 $ 80,000 $ 61,000
Edwards 74 $ 5,821,000 $ 78,000 $ 52,000
Effingham 949 $ 125,104,000 $ 131,000 $ 73,000
Fayette 507 $ 52,626,000 $ 103,000 $ 58,000
Ford 498 $ 54,356,000 $ 109,000 $ 68,000
Franklin 1,093 $ 93,475,000 $ 85,000 $ 58,000
Fulton 839 $ 74,391,000 $ 88,000 $ 53,000
Gallatin 102 $ 8,607,000 $ 84,000 $ 67,000
Greene 381 $ 36,359,000 $ 95,000 $ 58,000
Grundy 2,698 $ 465,312,000 $ 172,000 $ 80,000
Hamilton 225 $ 24,295,000 $ 107,000 $ 70,000
Hancock 348 $ 28,574,000 $ 82,000 $ 54,000
Hardin 80 $ 6,415,000 $ 80,000 $ 81,000
Henderson 145 $ 12,752,000 $ 87,000 $ 54,000
Henry 2,081 $ 226,692,000 $ 108,000 $ 66,000
Iroquois 759 $ 78,643,000 $ 103,000 $ 66,000
Jackson 1,351 $ 169,925,000 $ 125,000 $ 78,000
Jasper 154 $ 13,733,000 $ 89,000 $ 58,000
Jefferson 1,159 $ 115,249,000 $ 99,000 $ 64,000
Jersey 826 $ 96,318,000 $ 116,000 $ 68,000
Jo Daviess 846 $ 119,139,000 $ 140,000 $ 102,000
Johnson 398 $ 41,315,000 $ 103,000 $ 71,000
Kane 28,959 $ 6,058,256,000 $ 209,000 $ 90,000
Kankakee 4,304 $ 561,620,000 $ 130,000 $ 69,000
Kendall 9,550 $ 1,863,206,000 $ 195,000 $ 80,000
Knox 1,545 $ 127,990,000 $ 82,000 $ 65,000
Lake 38,360 $ 10,183,326,000 $ 265,000 $ 126,000
LaSalle 3,305 $ 414,653,000 $ 125,000 $ 71,000
Lawrence 241 $ 19,267,000 $ 79,000 $ 59,000
Lee 829 $ 94,066,000 $ 113,000 $ 69,000
Livingston 804 $ 79,989,000 $ 99,000 $ 68,000
Logan 975 $ 89,897,000 $ 92,000 $ 58,000
Macon 3,560 $ 354,002,000 $ 99,000 $ 68,000
Macoupin 1,781 $ 179,068,000 $ 100,000 $ 61,000
Madison 13,268 $ 1,858,708,000 $ 140,000 $ 72,000
Marion 1,168 $ 102,798,000 $ 88,000 $ 60,000
Marshall 417 $ 44,619,000 $ 107,000 $ 59,000
Mason 360 $ 28,651,000 $ 79,000 $ 57,000
Massac 256 $ 27,438,000 $ 107,000 $ 61,000
McDonough 551 $ 65,055,000 $ 118,000 $ 62,000
McHenry 19,224 $ 3,653,153,000 $ 190,000 $ 85,000
McLean 7,928 $ 1,405,944,000 $ 177,000 $ 86,000
Menard 630 $ 79,392,000 $ 126,000 $ 74,000
Mercer 743 $ 78,761,000 $ 106,000 $ 66,000
Monroe 2,089 $ 367,732,000 $ 176,000 $ 92,000
Montgomery 710 $ 68,562,000 $ 96,000 $ 68,000
Morgan 1,055 $ 105,628,000 $ 100,000 $ 66,000
Moultrie 405 $ 44,986,000 $ 111,000 $ 61,000
Ogle 1,984 $ 250,658,000 $ 126,000 $ 76,000
Peoria 6,704 $ 926,021,000 $ 138,000 $ 82,000
Perry 530 $ 45,471,000 $ 85,000 $ 73,000
Piatt 740 $ 94,089,000 $ 127,000 $ 74,000
Pike 313 $ 35,618,000 $ 113,000 $ 94,000
Pope 87 $ 8,285,000 $ 95,000 $ 69,000
Pulaski 93 $ 8,127,000 $ 87,000 $ 58,000
Putnam 119 $ 14,775,000 $ 124,000 $ 90,000
Randolph 971 $ 98,320,000 $ 101,000 $ 63,000
Richland 312 $ 33,225,000 $ 106,000 $ 72,000
Rock Island 6,129 $ 652,165,000 $ 106,000 $ 61,000
Saline 631 $ 50,983,000 $ 80,000 $ 61,000
Sangamon 9,118 $ 1,232,632,000 $ 135,000 $ 81,000
Schuyler 164 $ 15,956,000 $ 97,000 $ 69,000
Scott 110 $ 9,744,000 $ 88,000 $ 66,000
Shelby 464 $ 42,574,000 $ 91,000 $ 61,000
St. Clair 12,800 $ 1,875,352,000 $ 146,000 $ 68,000
Stark 147 $ 12,644,000 $ 86,000 $ 54,000
Stephenson 1,134 $ 119,159,000 $ 105,000 $ 64,000
Tazewell 5,861 $ 740,989,000 $ 126,000 $ 73,000
Union 353 $ 39,633,000 $ 112,000 $ 67,000
Vermilion 2,100 $ 191,926,000 $ 91,000 $ 60,000
Wabash 207 $ 17,704,000 $ 85,000 $ 55,000
Warren 461 $ 37,561,000 $ 81,000 $ 60,000
Washington 445 $ 52,173,000 $ 117,000 $ 73,000
Wayne 243 $ 23,346,000 $ 96,000 $ 60,000
White 334 $ 29,607,000 $ 88,000 $ 60,000
Whiteside 1,359 $ 149,382,000 $ 109,000 $ 58,000
Will 42,520 $ 8,702,007,000 $ 204,000 $ 89,000
Williamson 2,681 $ 321,206,000 $ 119,000 $ 72,000
Winnebago 10,430 $ 1,210,472,000 $ 116,000 $ 61,000
Woodford 1,609 $ 234,348,000 $ 145,000 $ 82,000
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