Illinois
Mortgage Loan Application
Totals and Details
in 2018

Find mortgage statistics and mortgage data for Illinois.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2018 in all of Illinois.
You can organize this information by metropolitan area and by county.

Years 2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 499,705
Total Mortgage Loan Application Amount $104,119,785,000
Average Mortgage Loan Application Amount $208,000
Highest Mortgage Loan Application Amount $95,415,000
Average Applicant Income $110,000
Highest Applicant Income $9,949,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in Illinois, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also be organized by various details about Mortgage Loan Applications for each year, with 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, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Download the Illinois Lender List

Mortgage Loan Application Detail Totals for Illinois in 2018

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 261,043 $61,339,050,000 $234,000 $95,415,000 $109,000 $9,949,000
Refinancing 85,718 $20,077,005,000 $234,000 $95,125,000 $117,000 $9,811,000
Cash-out Refinancing 73,848 $14,816,510,000 $200,000 $55,995,000 $102,000 $8,100,000
Other Purpose 34,505 $3,335,415,000 $96,000 $19,635,000 $116,000 $9,639,000
Home Improvement 33,740 $2,977,840,000 $88,000 $21,365,000 $115,000 $7,170,000
Not Applicable 10,851 $1,573,965,000 $145,000 $17,505,000 $81,000 $1,551,000

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 287,735 $56,038,805,000 $194,000 $8,925,000 $116,000 $9,949,000
Not applicable 55,703 $18,742,065,000 $336,000 $95,415,000 $99,000 $2,952,000
Hispanic 50,444 $8,233,430,000 $163,000 $5,005,000 $75,000 $6,000,000
Not Provided 42,035 $8,988,595,000 $213,000 $12,275,000 $126,000 $9,600,000
Black or African American 35,492 $5,320,560,000 $149,000 $9,005,000 $80,000 $7,800,000
Asian 23,090 $5,742,920,000 $248,000 $3,875,000 $135,000 $6,871,000
American Indian or Alaskan Native 1,398 $221,510,000 $158,000 $2,995,000 $88,000 $2,400,000
Native Hawaiian or Other Pacific Islander 398 $82,490,000 $207,000 $1,045,000 $114,000 $1,654,000

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) 387,545 $83,842,575,000 $216,000 $95,415,000 $120,000 $9,949,000
FHA-insured (Federal Housing Administration) 82,616 $14,736,970,000 $178,000 $60,505,000 $69,000 $5,992,000
VA-guaranteed (Veterans Administration) 23,934 $5,000,250,000 $208,000 $1,445,000 $82,000 $1,440,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 5,610 $539,990,000 $96,000 $725,000 $48,000 $900,000

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 260,476 $58,193,905,000 $223,000 $95,415,000 $116,000 $9,949,000
Application Denied By Financial Institution 81,715 $12,489,810,000 $152,000 $95,005,000 $90,000 $9,600,000
Loan Purchased By The Institution 76,935 $16,430,175,000 $213,000 $60,505,000 $112,000 $4,849,000
Application Withdrawn By Applicant 54,348 $11,993,100,000 $220,000 $70,005,000 $111,000 $9,300,000
File Closed For Incompleteness 16,813 $3,142,785,000 $186,000 $5,005,000 $116,000 $8,370,000
Application Approved But Not Accepted 9,043 $1,811,225,000 $200,000 $20,175,000 $111,000 $9,600,000
Preapproval Denied by Financial Institution 205 $24,955,000 $121,000 $375,000 $57,000 $228,000
Preapproval Approved but not Accepted 170 $33,830,000 $199,000 $1,805,000 $98,000 $524,000

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 404,571 $88,625,275,000 $219,000 $95,415,000 $115,000 $9,949,000
Debt-To-Income Ratio 38,370 $7,003,705,000 $182,000 $60,005,000 $82,000 $9,000,000
Credit History 22,502 $2,312,010,000 $102,000 $13,875,000 $91,000 $6,230,000
Collateral 15,859 $2,401,565,000 $151,000 $52,005,000 $115,000 $9,600,000
Credit Application Incomplete 6,694 $1,280,810,000 $191,000 $2,995,000 $100,000 $3,200,000
Other 6,481 $1,549,690,000 $239,000 $95,005,000 $100,000 $8,400,000
Unverifiable Information 2,775 $472,105,000 $170,000 $10,005,000 $106,000 $1,660,000
Insufficient Cash (Downpayment, Closing Cost) 1,637 $336,015,000 $205,000 $7,255,000 $92,000 $1,872,000
Employment History 770 $131,640,000 $170,000 $1,885,000 $66,000 $625,000
Mortgage Insurance Denied 46 $6,970,000 $151,000 $855,000 $71,000 $326,000
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Mortgage Loan Application Totals in 2018 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 6,716 $ 963,880,000 $ 143,000 $ 91,000
CARBONDALE-MARION, IL 3,285 $ 394,895,000 $ 120,000 $ 80,000
CHAMPAIGN-URBANA, IL 7,020 $ 1,181,910,000 $ 168,000 $ 103,000
CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL 310,763 $ 75,083,105,000 $ 241,000 $ 120,000
DANVILLE, IL 1,807 $ 169,735,000 $ 93,000 $ 68,000
DECATUR, IL 3,147 $ 327,295,000 $ 104,000 $ 74,000
ELGIN, IL 28,459 $ 5,540,325,000 $ 194,000 $ 102,000
KANKAKEE, IL 3,695 $ 473,205,000 $ 128,000 $ 79,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 30,835 $ 7,357,085,000 $ 238,000 $ 137,000
PEORIA, IL 13,168 $ 1,517,270,000 $ 115,000 $ 81,000
ROCKFORD, IL 12,916 $ 1,437,660,000 $ 111,000 $ 77,000
SPRINGFIELD, IL 7,640 $ 939,080,000 $ 122,000 $ 88,000
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Mortgage Loan Application Totals in 2018 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 1,273 $ 152,875,000 $ 120,000 $ 77,000
Alexander 100 $ 6,020,000 $ 60,000 $ 51,000
Bond 441 $ 46,875,000 $ 106,000 $ 87,000
Boone 2,188 $ 301,980,000 $ 138,000 $ 88,000
Brown 72 $ 7,510,000 $ 104,000 $ 72,000
Bureau 789 $ 74,235,000 $ 94,000 $ 68,000
Calhoun 114 $ 13,600,000 $ 119,000 $ 86,000
Carroll 342 $ 39,400,000 $ 115,000 $ 93,000
Cass 272 $ 21,310,000 $ 78,000 $ 74,000
Champaign 5,976 $ 1,061,730,000 $ 177,000 $ 108,000
Christian 837 $ 78,335,000 $ 93,000 $ 70,000
Clark 328 $ 29,390,000 $ 89,000 $ 70,000
Clay 236 $ 22,570,000 $ 95,000 $ 65,000
Clinton 1,342 $ 175,270,000 $ 130,000 $ 84,000
Coles 956 $ 91,080,000 $ 95,000 $ 98,000
Cook 202,462 $ 52,018,440,000 $ 256,000 $ 123,000
Crawford 281 $ 23,225,000 $ 82,000 $ 62,000
Cumberland 212 $ 22,550,000 $ 106,000 $ 63,000
De Witt 538 $ 55,910,000 $ 103,000 $ 77,000
DeKalb 3,896 $ 580,790,000 $ 149,000 $ 82,000
Douglas 578 $ 56,860,000 $ 98,000 $ 71,000
DuPage 44,199 $ 11,529,555,000 $ 260,000 $ 133,000
Edgar 404 $ 33,550,000 $ 83,000 $ 66,000
Edwards 90 $ 6,870,000 $ 76,000 $ 59,000
Effingham 866 $ 110,680,000 $ 127,000 $ 78,000
Fayette 546 $ 54,160,000 $ 99,000 $ 69,000
Ford 476 $ 43,300,000 $ 90,000 $ 69,000
Franklin 994 $ 87,200,000 $ 87,000 $ 65,000
Fulton 921 $ 74,095,000 $ 80,000 $ 62,000
Gallatin 107 $ 9,315,000 $ 87,000 $ 72,000
Greene 275 $ 22,915,000 $ 83,000 $ 72,000
Grundy 2,587 $ 431,855,000 $ 166,000 $ 92,000
Hamilton 202 $ 20,200,000 $ 100,000 $ 64,000
Hancock 353 $ 29,265,000 $ 82,000 $ 61,000
Hardin 72 $ 6,200,000 $ 86,000 $ 57,000
Henderson 125 $ 9,585,000 $ 76,000 $ 69,000
Henry 1,876 $ 193,300,000 $ 103,000 $ 76,000
Iroquois 673 $ 66,885,000 $ 99,000 $ 68,000
Jackson 1,103 $ 133,355,000 $ 120,000 $ 86,000
Jasper 115 $ 10,605,000 $ 92,000 $ 58,000
Jefferson 905 $ 89,535,000 $ 98,000 $ 82,000
Jersey 723 $ 90,755,000 $ 125,000 $ 78,000
Jo Daviess 818 $ 97,050,000 $ 118,000 $ 96,000
Johnson 328 $ 37,810,000 $ 115,000 $ 83,000
Kane 24,570 $ 4,970,480,000 $ 202,000 $ 105,000
Kankakee 3,696 $ 473,250,000 $ 128,000 $ 79,000
Kendall 8,016 $ 1,534,180,000 $ 191,000 $ 98,000
Knox 1,449 $ 133,385,000 $ 92,000 $ 118,000
Lake 30,840 $ 7,392,750,000 $ 239,000 $ 137,000
LaSalle 3,074 $ 376,190,000 $ 122,000 $ 83,000
Lawrence 208 $ 16,990,000 $ 81,000 $ 60,000
Lee 722 $ 74,470,000 $ 103,000 $ 76,000
Livingston 827 $ 78,195,000 $ 94,000 $ 69,000
Logan 917 $ 83,925,000 $ 91,000 $ 66,000
Macon 3,348 $ 342,850,000 $ 102,000 $ 74,000
Macoupin 1,488 $ 146,740,000 $ 98,000 $ 70,000
Madison 10,839 $ 1,587,175,000 $ 146,000 $ 87,000
Marion 961 $ 89,355,000 $ 92,000 $ 65,000
Marshall 374 $ 35,890,000 $ 95,000 $ 71,000
Mason 363 $ 28,565,000 $ 78,000 $ 61,000
Massac 241 $ 24,025,000 $ 99,000 $ 66,000
McDonough 487 $ 50,685,000 $ 104,000 $ 68,000
McHenry 17,253 $ 3,069,955,000 $ 177,000 $ 99,000
McLean 6,189 $ 908,725,000 $ 146,000 $ 92,000
Menard 504 $ 58,960,000 $ 116,000 $ 76,000
Mercer 645 $ 63,645,000 $ 98,000 $ 79,000
Monroe 1,702 $ 289,870,000 $ 170,000 $ 99,000
Montgomery 547 $ 54,285,000 $ 99,000 $ 73,000
Morgan 928 $ 79,550,000 $ 85,000 $ 75,000
Moultrie 353 $ 32,205,000 $ 91,000 $ 70,000
Ogle 1,747 $ 227,845,000 $ 130,000 $ 78,000
Peoria 6,136 $ 725,010,000 $ 118,000 $ 87,000
Perry 415 $ 38,335,000 $ 92,000 $ 66,000
Piatt 580 $ 77,630,000 $ 133,000 $ 80,000
Pike 234 $ 22,090,000 $ 94,000 $ 68,000
Pope 77 $ 8,115,000 $ 105,000 $ 78,000
Pulaski 80 $ 7,210,000 $ 90,000 $ 61,000
Putnam 119 $ 13,455,000 $ 113,000 $ 103,000
Randolph 807 $ 81,175,000 $ 100,000 $ 73,000
Richland 176 $ 16,690,000 $ 94,000 $ 70,000
Rock Island 6,008 $ 661,350,000 $ 110,000 $ 73,000
Saline 565 $ 49,415,000 $ 87,000 $ 67,000
Sangamon 7,154 $ 881,200,000 $ 123,000 $ 89,000
Schuyler 128 $ 13,310,000 $ 103,000 $ 77,000
Scott 83 $ 6,415,000 $ 77,000 $ 59,000
Shelby 418 $ 38,210,000 $ 91,000 $ 68,000
St. Clair 10,713 $ 1,561,635,000 $ 145,000 $ 88,000
Stark 134 $ 10,430,000 $ 77,000 $ 59,000
Stephenson 1,016 $ 90,620,000 $ 89,000 $ 66,000
Tazewell 5,163 $ 577,925,000 $ 111,000 $ 73,000
Union 308 $ 34,810,000 $ 113,000 $ 75,000
Vermilion 1,811 $ 170,855,000 $ 94,000 $ 68,000
Wabash 239 $ 29,015,000 $ 121,000 $ 61,000
Warren 342 $ 28,230,000 $ 82,000 $ 68,000
Washington 398 $ 41,430,000 $ 104,000 $ 69,000
Wayne 168 $ 15,010,000 $ 89,000 $ 62,000
White 318 $ 32,050,000 $ 100,000 $ 69,000
Whiteside 1,191 $ 121,045,000 $ 101,000 $ 71,000
Will 36,352 $ 6,901,660,000 $ 189,000 $ 103,000
Williamson 2,196 $ 262,800,000 $ 119,000 $ 78,000
Winnebago 10,732 $ 1,135,810,000 $ 105,000 $ 74,000
Woodford 1,365 $ 174,715,000 $ 127,000 $ 90,000

We hope these mortgage application details and statistics will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in Illinois.

If you prefer, you can download a copy of the entire list of mortgage lenders in Illinois and search similar information back through 2003.

Download the Illinois Lender List