Illinois
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023

Discover comprehensive Illinois mortgage statistics and HMDA loan application data from 2003 to 2023.
Explore detailed insights into the total number of mortgage applications, loan amounts, and lending trends across the state.
Our interactive lists allow you to analyze mortgage data by county and metropolitan area, helping you track regional lending patterns.

Need in-depth lender data?
Easily download a formatted spreadsheet containing aggregated HMDA statistics for all Illinois based lenders.
Whether you're an industry analyst, homebuyer, or researcher, this data provides valuable insights into Illinois's mortgage market trends.

Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 361,778
Total Mortgage Loan Application Amount $85,385,950,000
Average Mortgage Loan Application Amount $236,000
Highest Mortgage Loan Application Amount $95,505,000
Average Applicant Income $129,000
Highest Applicant Income $9,514,000

Explore comprehensive HMDA mortgage statistics and application trends for 2023 in Illinois. Below, you'll find key insights, including total mortgage applications, average loan amounts, highest application amounts, and the income levels of top applicants. If you're researching mortgage and loan application data in Illinois, these statistics will help you understand market trends and lending patterns as you navigate the mortgage process.

Our HMDA dataset allows you to analyze mortgage loan applications for 2023 across various categories, including loan purpose, applicant race, loan type, application outcomes, and reasons for denial. These detailed breakdowns provide valuable insights into borrower demographics and lender activity, making them an essential resource for homebuyers, real estate professionals, and industry analysts.

Each category highlights the total number of mortgage applications, total loan amounts, average mortgage sizes, and the highest loan amounts within each segment. You can also explore borrower income data, including average applicant income and the highest reported incomes for mortgage applicants. Whether you're evaluating lender performance, researching loan approval trends, or comparing mortgage options, this HMDA-backed data offers a valuable snapshot of the mortgage landscape in Illinois.

Download the Illinois Lender List

Mortgage Loan Application Detail Totals for Illinois in 2023

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 220,958 $61,077,680,000 $276,000 $66,005,000 $130,000 $9,514,000
Cash-out Refinancing 41,979 $8,874,965,000 $211,000 $71,505,000 $111,000 $8,200,000
Other Purpose 37,741 $3,517,505,000 $93,000 $41,005,000 $130,000 $9,500,000
Home Improvement 33,667 $3,210,240,000 $95,000 $47,285,000 $134,000 $8,046,000
Refinancing 25,414 $8,313,475,000 $327,000 $95,505,000 $136,000 $8,382,000
Not Applicable 2,019 $392,085,000 $194,000 $6,345,000 $60,000 $137,000

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 178,905 $36,935,460,000 $206,000 $10,005,000 $135,000 $9,514,000
Hispanic 45,959 $8,949,650,000 $194,000 $2,915,000 $95,000 $5,454,000
Not Provided 39,748 $9,107,630,000 $229,000 $23,345,000 $140,000 $8,200,000
Not applicable 39,378 $17,081,680,000 $433,000 $95,505,000 $145,000 $2,484,000
Black or African American 34,417 $6,246,055,000 $181,000 $3,025,000 $98,000 $6,190,000
Asian 17,955 $5,693,085,000 $317,000 $9,005,000 $169,000 $6,667,000
American Indian or Alaskan Native 1,465 $227,105,000 $155,000 $2,005,000 $111,000 $4,768,000
Native Hawaiian or Other Pacific Islander 197 $40,215,000 $204,000 $1,395,000 $129,000 $2,209,000

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) 286,631 $67,860,635,000 $236,000 $95,505,000 $138,000 $9,514,000
FHA-insured (Federal Housing Administration) 56,253 $12,614,455,000 $224,000 $47,285,000 $84,000 $7,100,000
VA-guaranteed (Veterans Administration) 16,785 $4,675,365,000 $278,000 $3,025,000 $104,000 $1,439,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2,109 $235,495,000 $111,000 $435,000 $60,000 $756,000

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 188,041 $47,424,515,000 $252,000 $95,505,000 $136,000 $8,863,000
Application Denied By Financial Institution 57,721 $8,727,685,000 $151,000 $80,005,000 $104,000 $9,500,000
Application Withdrawn By Applicant 48,261 $12,933,195,000 $268,000 $75,705,000 $136,000 $9,514,000
Loan Purchased By The Institution 43,634 $11,388,610,000 $261,000 $4,355,000 $100,000 $5,623,000
File Closed For Incompleteness 15,685 $3,091,155,000 $197,000 $5,005,000 $136,000 $8,046,000
Application Approved But Not Accepted 7,902 $1,573,600,000 $199,000 $39,225,000 $134,000 $6,190,000
Preapproval Approved but not Accepted 275 $66,075,000 $240,000 $1,255,000 $114,000 $680,000
Preapproval Denied by Financial Institution 259 $181,115,000 $699,000 $66,005,000 $88,000 $433,000

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 294,325 $74,475,865,000 $253,000 $95,505,000 $134,000 $9,514,000
Debt-To-Income Ratio 27,594 $4,902,190,000 $177,000 $24,005,000 $94,000 $3,457,000
Credit History 16,665 $1,662,710,000 $99,000 $3,905,000 $106,000 $7,200,000
Collateral 9,552 $1,510,900,000 $158,000 $14,945,000 $130,000 $7,452,000
Credit Application Incomplete 5,711 $991,035,000 $173,000 $4,445,000 $124,000 $9,500,000
Other 4,051 $988,730,000 $244,000 $80,005,000 $123,000 $8,382,000
Unverifiable Information 1,840 $371,170,000 $201,000 $3,285,000 $121,000 $3,205,000
Insufficient Cash (Downpayment, Closing Cost) 1,321 $347,585,000 $263,000 $22,005,000 $107,000 $3,703,000
Employment History 710 $133,700,000 $188,000 $9,255,000 $75,000 $2,448,000
Mortgage Insurance Denied 9 $2,065,000 $229,000 $415,000 $71,000 $210,000
Download the Illinois Lender List

Mortgage Loan Application Totals in 2023 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 4,923 $ 892,735,000 $ 181,000 $ 113,000
CARBONDALE-MARION, IL 3,231 $ 450,375,000 $ 139,000 $ 101,000
CHAMPAIGN-URBANA, IL 4,880 $ 1,101,100,000 $ 225,000 $ 115,000
CHICAGO-NAPERVILLE, IL 204,093 $ 57,743,350,000 $ 282,000 $ 143,000
DANVILLE, IL 1,638 $ 152,270,000 $ 92,000 $ 76,000
DECATUR, IL 2,644 $ 297,940,000 $ 112,000 $ 85,000
ELGIN, IL 26,261 $ 6,262,265,000 $ 238,000 $ 127,000
KANKAKEE, IL 3,254 $ 485,100,000 $ 149,000 $ 93,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 22,106 $ 6,023,865,000 $ 272,000 $ 159,000
PEORIA, IL 12,334 $ 1,687,690,000 $ 136,000 $ 99,000
ROCKFORD, IL 10,712 $ 1,474,840,000 $ 137,000 $ 90,000
SPRINGFIELD, IL 6,037 $ 926,345,000 $ 153,000 $ 109,000
Download the Illinois Lender List

Mortgage Loan Application Totals in 2023 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 1,150 $ 152,930,000 $ 132,000 $ 95,000
Alexander 84 $ 8,080,000 $ 96,000 $ 69,000
Bond 435 $ 55,425,000 $ 127,000 $ 93,000
Boone 1,707 $ 282,725,000 $ 165,000 $ 102,000
Brown 53 $ 6,425,000 $ 121,000 $ 98,000
Bureau 731 $ 83,715,000 $ 114,000 $ 85,000
Calhoun 87 $ 12,405,000 $ 142,000 $ 94,000
Carroll 276 $ 37,480,000 $ 135,000 $ 99,000
Cass 181 $ 16,735,000 $ 92,000 $ 71,000
Champaign 4,384 $ 1,024,980,000 $ 233,000 $ 117,000
Christian 738 $ 77,770,000 $ 105,000 $ 89,000
Clark 265 $ 26,955,000 $ 101,000 $ 83,000
Clay 241 $ 29,335,000 $ 121,000 $ 73,000
Clinton 1,052 $ 158,940,000 $ 151,000 $ 112,000
Coles 975 $ 115,595,000 $ 118,000 $ 82,000
Cook 138,322 $ 40,943,345,000 $ 296,000 $ 142,000
Crawford 277 $ 31,365,000 $ 113,000 $ 67,000
Cumberland 124 $ 15,410,000 $ 124,000 $ 79,000
De Witt 324 $ 44,620,000 $ 137,000 $ 94,000
DeKalb 3,028 $ 534,480,000 $ 176,000 $ 99,000
Douglas 451 $ 56,685,000 $ 125,000 $ 81,000
DuPage 26,448 $ 7,976,860,000 $ 301,000 $ 171,000
Edgar 377 $ 32,665,000 $ 86,000 $ 77,000
Edwards 66 $ 6,500,000 $ 98,000 $ 67,000
Effingham 645 $ 97,775,000 $ 151,000 $ 101,000
Fayette 455 $ 54,305,000 $ 119,000 $ 81,000
Ford 370 $ 40,200,000 $ 108,000 $ 77,000
Franklin 970 $ 98,800,000 $ 101,000 $ 78,000
Fulton 898 $ 81,660,000 $ 90,000 $ 76,000
Gallatin 89 $ 8,225,000 $ 92,000 $ 64,000
Greene 246 $ 22,150,000 $ 90,000 $ 73,000
Grundy 1,848 $ 342,040,000 $ 185,000 $ 108,000
Hamilton 173 $ 18,415,000 $ 106,000 $ 77,000
Hancock 290 $ 31,030,000 $ 107,000 $ 84,000
Hardin 62 $ 6,080,000 $ 98,000 $ 220,000
Henderson 98 $ 9,610,000 $ 98,000 $ 73,000
Henry 1,353 $ 172,115,000 $ 127,000 $ 98,000
Iroquois 568 $ 62,640,000 $ 110,000 $ 76,000
Jackson 1,000 $ 129,890,000 $ 129,000 $ 98,000
Jasper 148 $ 17,740,000 $ 119,000 $ 83,000
Jefferson 873 $ 103,365,000 $ 118,000 $ 80,000
Jersey 631 $ 86,575,000 $ 137,000 $ 96,000
Jo Daviess 584 $ 90,360,000 $ 154,000 $ 121,000
Johnson 304 $ 50,060,000 $ 164,000 $ 112,000
Kane 17,112 $ 4,082,850,000 $ 238,000 $ 131,000
Kankakee 3,254 $ 485,100,000 $ 149,000 $ 93,000
Kendall 6,121 $ 1,644,935,000 $ 268,000 $ 127,000
Knox 1,324 $ 124,500,000 $ 94,000 $ 84,000
Lake 22,106 $ 6,023,865,000 $ 272,000 $ 159,000
LaSalle 2,608 $ 369,090,000 $ 141,000 $ 95,000
Lawrence 254 $ 22,960,000 $ 90,000 $ 76,000
Lee 680 $ 88,680,000 $ 130,000 $ 92,000
Livingston 1,039 $ 113,065,000 $ 108,000 $ 86,000
Logan 806 $ 85,330,000 $ 105,000 $ 84,000
Macon 2,644 $ 297,940,000 $ 112,000 $ 85,000
Macoupin 1,362 $ 147,060,000 $ 107,000 $ 85,000
Madison 9,820 $ 1,460,510,000 $ 148,000 $ 102,000
Marion 953 $ 99,005,000 $ 103,000 $ 76,000
Marshall 372 $ 40,700,000 $ 109,000 $ 86,000
Mason 292 $ 25,410,000 $ 87,000 $ 80,000
Massac 215 $ 23,755,000 $ 110,000 $ 74,000
McDonough 514 $ 50,370,000 $ 97,000 $ 91,000
McHenry 12,230 $ 2,564,300,000 $ 209,000 $ 122,000
McLean 4,923 $ 892,735,000 $ 181,000 $ 113,000
Menard 365 $ 47,355,000 $ 129,000 $ 96,000
Mercer 443 $ 50,465,000 $ 113,000 $ 82,000
Monroe 1,111 $ 217,885,000 $ 196,000 $ 134,000
Montgomery 468 $ 53,080,000 $ 113,000 $ 98,000
Morgan 597 $ 68,115,000 $ 114,000 $ 83,000
Moultrie 331 $ 36,315,000 $ 109,000 $ 91,000
Ogle 1,293 $ 184,865,000 $ 142,000 $ 97,000
Peoria 5,311 $ 768,345,000 $ 144,000 $ 107,000
Perry 310 $ 31,080,000 $ 100,000 $ 77,000
Piatt 496 $ 76,120,000 $ 153,000 $ 97,000
Pike 236 $ 24,130,000 $ 102,000 $ 81,000
Pope 76 $ 8,950,000 $ 117,000 $ 91,000
Pulaski 83 $ 7,885,000 $ 95,000 $ 64,000
Putnam 123 $ 17,235,000 $ 140,000 $ 113,000
Randolph 626 $ 71,520,000 $ 114,000 $ 81,000
Richland 167 $ 18,605,000 $ 111,000 $ 80,000
Rock Island 4,346 $ 526,150,000 $ 121,000 $ 85,000
Saline 455 $ 50,485,000 $ 110,000 $ 79,000
Sangamon 5,672 $ 878,990,000 $ 154,000 $ 109,000
Schuyler 112 $ 13,110,000 $ 117,000 $ 82,000
Scott 45 $ 4,215,000 $ 93,000 $ 75,000
Shelby 338 $ 39,310,000 $ 116,000 $ 80,000
St. Clair 9,361 $ 1,549,945,000 $ 165,000 $ 103,000
Stark 147 $ 15,225,000 $ 103,000 $ 82,000
Stephenson 978 $ 102,240,000 $ 104,000 $ 75,000
Tazewell 4,521 $ 631,655,000 $ 139,000 $ 92,000
Union 271 $ 36,705,000 $ 135,000 $ 89,000
Vermilion 1,638 $ 152,270,000 $ 92,000 $ 76,000
Wabash 175 $ 17,795,000 $ 101,000 $ 71,000
Warren 315 $ 28,395,000 $ 90,000 $ 79,000
Washington 339 $ 45,005,000 $ 132,000 $ 101,000
Wayne 229 $ 28,375,000 $ 123,000 $ 96,000
White 302 $ 31,320,000 $ 103,000 $ 68,000
Whiteside 1,226 $ 126,740,000 $ 103,000 $ 78,000
Will 25,245 $ 5,916,805,000 $ 234,000 $ 130,000
Williamson 1,927 $ 270,425,000 $ 140,000 $ 101,000
Winnebago 9,005 $ 1,192,115,000 $ 132,000 $ 88,000
Woodford 1,085 $ 150,105,000 $ 138,000 $ 109,000

Our comprehensive HMDA mortgage statistics offer invaluable insights into Illinois's 2023 lending landscape. By analyzing detailed data on mortgage applications, loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can identify key trends shaping the state's housing market.

This in-depth information enables real estate experts, financial analysts, and policymakers to monitor market shifts, assess borrower demographics, and evaluate lender performance effectively. Leverage this powerful data to make informed decisions, conduct thorough market research, and stay ahead in the evolving mortgage industry.
To gain a deeper understanding of Illinois's mortgage lending environment, download the comprehensive list of lenders and their aggregated HMDA statistics today.

Download the Illinois Lender List