Illinois
Mortgage Loan Application
Totals and Details
in 2019

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 2003-2019 in all of Illinois.
You can organize this information by metropolitan area and by county.

Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 573,905
Total Mortgage Loan Application Amount $132,490,560,000
Average Mortgage Loan Application Amount $230,000
Highest Mortgage Loan Application Amount $94,005,000
Average Applicant Income $118,000
Highest Applicant Income $9,502,000

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 2019

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 256,790 $61,148,950,000 $238,000 $70,575,000 $109,000 $9,502,000
Refinancing 159,891 $45,588,860,000 $285,000 $94,005,000 $139,000 $9,404,000
Cash-out Refinancing 81,387 $18,297,105,000 $224,000 $82,505,000 $111,000 $8,313,000
Other Purpose 34,460 $3,382,800,000 $98,000 $26,935,000 $115,000 $8,890,000
Home Improvement 33,353 $2,871,025,000 $86,000 $43,005,000 $111,000 $4,972,000
Not Applicable 8,024 $1,201,820,000 $149,000 $1,935,000 $116,000 $647,000

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 333,052 $73,374,400,000 $220,000 $10,025,000 $124,000 $9,502,000
Hispanic 57,493 $10,275,465,000 $178,000 $9,985,000 $79,000 $4,400,000
Not applicable 56,956 $20,143,605,000 $353,000 $94,005,000 $97,000 $1,662,000
Not Provided 52,519 $13,032,645,000 $248,000 $20,605,000 $137,000 $8,890,000
Black or African American 38,885 $6,419,615,000 $165,000 $3,845,000 $83,000 $7,000,000
Asian 28,025 $7,649,115,000 $272,000 $12,005,000 $140,000 $7,861,000
American Indian or Alaskan Native 1,635 $274,415,000 $167,000 $2,325,000 $86,000 $4,150,000
Native Hawaiian or Other Pacific Islander 369 $89,745,000 $243,000 $1,605,000 $125,000 $1,678,000

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) 444,807 $107,680,910,000 $242,000 $94,005,000 $128,000 $9,502,000
FHA-insured (Federal Housing Administration) 93,122 $17,291,620,000 $185,000 $25,395,000 $70,000 $7,200,000
VA-guaranteed (Veterans Administration) 31,081 $7,035,945,000 $226,000 $2,005,000 $80,000 $2,520,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4,895 $482,085,000 $98,000 $625,000 $50,000 $2,650,000

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 312,894 $77,174,855,000 $246,000 $94,005,000 $123,000 $9,107,000
Loan Purchased By The Institution 84,199 $19,911,525,000 $236,000 $23,705,000 $120,000 $4,721,000
Application Denied By Financial Institution 79,029 $12,554,335,000 $158,000 $85,815,000 $93,000 $9,404,000
Application Withdrawn By Applicant 67,305 $16,510,065,000 $245,000 $70,575,000 $120,000 $9,502,000
File Closed For Incompleteness 19,957 $4,175,425,000 $209,000 $10,005,000 $120,000 $5,058,000
Application Approved But Not Accepted 10,114 $2,089,400,000 $206,000 $23,455,000 $116,000 $4,808,000
Preapproval Approved but not Accepted 268 $54,220,000 $202,000 $935,000 $83,000 $534,000
Preapproval Denied by Financial Institution 139 $20,735,000 $149,000 $695,000 $43,000 $200,000

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 474,870 $115,788,125,000 $243,000 $94,005,000 $123,000 $9,502,000
Debt-To-Income Ratio 43,943 $8,169,485,000 $185,000 $53,695,000 $85,000 $6,717,000
Credit History 21,578 $2,278,250,000 $105,000 $9,005,000 $90,000 $7,000,000
Collateral 15,033 $2,475,945,000 $164,000 $39,665,000 $121,000 $9,404,000
Other 6,439 $1,376,285,000 $213,000 $85,815,000 $102,000 $3,000,000
Credit Application Incomplete 6,336 $1,313,730,000 $207,000 $25,005,000 $109,000 $5,100,000
Unverifiable Information 3,206 $557,400,000 $173,000 $10,625,000 $118,000 $4,118,000
Insufficient Cash (Downpayment, Closing Cost) 1,620 $370,660,000 $228,000 $8,025,000 $101,000 $1,500,000
Employment History 853 $155,315,000 $182,000 $1,735,000 $72,000 $2,405,000
Mortgage Insurance Denied 27 $5,365,000 $198,000 $495,000 $83,000 $292,000
Download the Illinois Lender List

Mortgage Loan Application Totals in 2019 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 7,157 $ 1,126,505,000 $ 157,000 $ 101,000
CARBONDALE-MARION, IL 3,866 $ 484,430,000 $ 125,000 $ 85,000
CHAMPAIGN-URBANA, IL 7,153 $ 1,464,825,000 $ 204,000 $ 102,000
CHICAGO-NAPERVILLE, IL 352,120 $ 94,253,545,000 $ 267,000 $ 129,000
DANVILLE, IL 1,780 $ 159,130,000 $ 89,000 $ 68,000
DECATUR, IL 3,234 $ 354,040,000 $ 109,000 $ 76,000
ELGIN, IL 42,930 $ 8,910,370,000 $ 207,000 $ 106,000
KANKAKEE, IL 4,161 $ 566,185,000 $ 136,000 $ 83,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 37,379 $ 9,917,785,000 $ 265,000 $ 145,000
PEORIA, IL 15,094 $ 1,831,750,000 $ 121,000 $ 79,000
ROCKFORD, IL 14,124 $ 1,715,800,000 $ 121,000 $ 80,000
SPRINGFIELD, IL 9,121 $ 1,265,575,000 $ 138,000 $ 97,000
Download the Illinois Lender List

Mortgage Loan Application Totals in 2019 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 1,464 $ 189,490,000 $ 129,000 $ 87,000
Alexander 79 $ 5,965,000 $ 75,000 $ 58,000
Bond 526 $ 63,230,000 $ 120,000 $ 84,000
Boone 2,480 $ 392,970,000 $ 158,000 $ 94,000
Brown 65 $ 9,235,000 $ 142,000 $ 113,000
Bureau 834 $ 83,690,000 $ 100,000 $ 72,000
Calhoun 115 $ 13,335,000 $ 115,000 $ 74,000
Carroll 336 $ 48,380,000 $ 143,000 $ 129,000
Cass 273 $ 21,255,000 $ 77,000 $ 63,000
Champaign 6,441 $ 1,361,435,000 $ 211,000 $ 103,000
Christian 774 $ 74,500,000 $ 96,000 $ 66,000
Clark 351 $ 35,475,000 $ 101,000 $ 72,000
Clay 288 $ 24,890,000 $ 86,000 $ 61,000
Clinton 1,527 $ 214,105,000 $ 140,000 $ 89,000
Coles 864 $ 102,230,000 $ 118,000 $ 74,000
Cook 233,489 $ 66,174,160,000 $ 283,000 $ 133,000
Crawford 303 $ 29,355,000 $ 96,000 $ 78,000
Cumberland 205 $ 22,995,000 $ 112,000 $ 101,000
De Witt 428 $ 51,610,000 $ 120,000 $ 77,000
DeKalb 4,427 $ 729,155,000 $ 164,000 $ 87,000
Douglas 517 $ 55,495,000 $ 107,000 $ 74,000
DuPage 52,543 $ 15,005,935,000 $ 285,000 $ 140,000
Edgar 430 $ 38,220,000 $ 88,000 $ 73,000
Edwards 70 $ 6,880,000 $ 98,000 $ 70,000
Effingham 1,051 $ 154,495,000 $ 146,000 $ 86,000
Fayette 527 $ 57,785,000 $ 109,000 $ 71,000
Ford 471 $ 47,945,000 $ 101,000 $ 73,000
Franklin 988 $ 94,640,000 $ 95,000 $ 68,000
Fulton 1,028 $ 87,500,000 $ 85,000 $ 59,000
Gallatin 107 $ 9,205,000 $ 86,000 $ 67,000
Greene 268 $ 23,970,000 $ 89,000 $ 59,000
Grundy 3,025 $ 555,375,000 $ 183,000 $ 95,000
Hamilton 226 $ 21,420,000 $ 94,000 $ 66,000
Hancock 374 $ 35,140,000 $ 93,000 $ 69,000
Hardin 60 $ 5,700,000 $ 95,000 $ 75,000
Henderson 122 $ 11,820,000 $ 96,000 $ 64,000
Henry 1,905 $ 210,095,000 $ 110,000 $ 81,000
Iroquois 633 $ 69,255,000 $ 109,000 $ 75,000
Jackson 1,192 $ 152,220,000 $ 127,000 $ 85,000
Jasper 185 $ 17,825,000 $ 96,000 $ 70,000
Jefferson 865 $ 102,775,000 $ 118,000 $ 71,000
Jersey 898 $ 113,160,000 $ 126,000 $ 76,000
Jo Daviess 842 $ 111,020,000 $ 131,000 $ 103,000
Johnson 358 $ 43,980,000 $ 122,000 $ 84,000
Kane 28,566 $ 6,146,980,000 $ 215,000 $ 110,000
Kankakee 4,168 $ 566,530,000 $ 135,000 $ 83,000
Kendall 9,943 $ 2,036,685,000 $ 204,000 $ 101,000
Knox 1,457 $ 143,365,000 $ 98,000 $ 86,000
Lake 37,386 $ 9,981,890,000 $ 266,000 $ 145,000
LaSalle 3,286 $ 450,690,000 $ 137,000 $ 88,000
Lawrence 287 $ 24,035,000 $ 83,000 $ 64,000
Lee 748 $ 92,940,000 $ 124,000 $ 89,000
Livingston 1,174 $ 111,160,000 $ 94,000 $ 73,000
Logan 771 $ 71,095,000 $ 92,000 $ 62,000
Macon 3,235 $ 354,065,000 $ 109,000 $ 76,000
Macoupin 1,445 $ 158,015,000 $ 109,000 $ 75,000
Madison 12,847 $ 2,042,865,000 $ 159,000 $ 93,000
Marion 1,046 $ 101,300,000 $ 96,000 $ 71,000
Marshall 422 $ 42,010,000 $ 99,000 $ 78,000
Mason 370 $ 27,830,000 $ 75,000 $ 58,000
Massac 245 $ 24,705,000 $ 100,000 $ 66,000
McDonough 419 $ 58,065,000 $ 138,000 $ 72,000
McHenry 19,689 $ 3,893,225,000 $ 197,000 $ 102,000
McLean 7,157 $ 1,126,505,000 $ 157,000 $ 101,000
Menard 569 $ 70,665,000 $ 124,000 $ 77,000
Mercer 651 $ 69,465,000 $ 106,000 $ 84,000
Monroe 2,099 $ 400,415,000 $ 190,000 $ 110,000
Montgomery 654 $ 70,060,000 $ 107,000 $ 74,000
Morgan 990 $ 86,270,000 $ 87,000 $ 82,000
Moultrie 355 $ 37,865,000 $ 106,000 $ 72,000
Ogle 1,924 $ 270,890,000 $ 140,000 $ 84,000
Peoria 6,293 $ 813,585,000 $ 129,000 $ 86,000
Perry 398 $ 39,960,000 $ 100,000 $ 66,000
Piatt 715 $ 103,935,000 $ 145,000 $ 92,000
Pike 218 $ 20,890,000 $ 95,000 $ 62,000
Pope 101 $ 11,835,000 $ 117,000 $ 74,000
Pulaski 97 $ 7,935,000 $ 81,000 $ 59,000
Putnam 108 $ 13,560,000 $ 125,000 $ 89,000
Randolph 886 $ 97,160,000 $ 109,000 $ 79,000
Richland 211 $ 27,435,000 $ 130,000 $ 74,000
Rock Island 6,046 $ 718,930,000 $ 118,000 $ 77,000
Saline 549 $ 53,645,000 $ 97,000 $ 72,000
Sangamon 8,556 $ 1,195,000,000 $ 139,000 $ 98,000
Schuyler 132 $ 12,650,000 $ 95,000 $ 67,000
Scott 82 $ 8,230,000 $ 100,000 $ 77,000
Shelby 369 $ 37,335,000 $ 101,000 $ 64,000
St. Clair 12,296 $ 1,949,550,000 $ 158,000 $ 96,000
Stark 160 $ 13,210,000 $ 82,000 $ 67,000
Stephenson 1,057 $ 102,295,000 $ 96,000 $ 71,000
Tazewell 5,679 $ 664,555,000 $ 117,000 $ 73,000
Union 314 $ 34,780,000 $ 110,000 $ 83,000
Vermilion 1,781 $ 159,155,000 $ 89,000 $ 68,000
Wabash 207 $ 18,485,000 $ 89,000 $ 66,000
Warren 366 $ 33,030,000 $ 90,000 $ 79,000
Washington 426 $ 50,230,000 $ 117,000 $ 72,000
Wayne 237 $ 24,425,000 $ 103,000 $ 68,000
White 341 $ 32,125,000 $ 94,000 $ 66,000
Whiteside 1,472 $ 146,360,000 $ 99,000 $ 75,000
Will 43,453 $ 9,138,135,000 $ 210,000 $ 108,000
Williamson 2,329 $ 288,965,000 $ 124,000 $ 84,000
Winnebago 11,654 $ 1,323,290,000 $ 113,000 $ 77,000
Woodford 1,515 $ 210,985,000 $ 139,000 $ 87,000

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