Lee County, IL Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 829 mortgage applications in Lee County, IL totaling $94.1 million, up 13% from 2015. The average application was for $113,000, and applicants reported an average income of $69,000. 56% of applications resulted in an originated loan and 21% were denied. The most active lender was US Bank, N.A., with 93 applications, followed by Midland States Bank and loanDepot.com LLC.

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 2025  2024  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 829
Total Mortgage Loan Application Amount $94,066,000
Average Mortgage Loan Application Amount $113,000
Highest Mortgage Loan Application Amount $1,387,000
Average Applicant Income $69,000
Highest Applicant Income $1,560,000

Mortgage Company List for Lending in Lee County, IL for 2016

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 93 $ 10,297,000
Midland States Bank
1201 NETWORK CENTRE DRIVE
EFFINGHAM, IL 62401
* $ 2,883,399,000 55 $ 6,375,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 46 $ 6,430,000
First National Bank of Rochelle
340 MAY MART DRIVE
ROCHELLE, IL 61068
* $ 260,911,000 34 $ 2,270,000
First State Bank
706 WASHINGTON STREET
MENDOTA, IL 61342
* $ 881,033,000 33 $ 3,564,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,610,580,000,000 27 $ 3,292,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 138,620,635,000 22 $ 1,674,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 19 $ 2,045,000
Holcomb Bank
108 W MAIN ST
ROCHELLE, IL 61068
* $ 179,904,000 19 $ 2,630,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 16 $ 1,814,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 138,620,635,000 14 $ 1,610,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 12 $ 1,728,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 12 $ 1,244,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ 10,000,000 12 $ 1,672,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 11 $ 910,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 11 $ 1,340,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 11 $ 1,538,000
Byron Bank
200 N WALNUT ST
BYRON, IL 61010
* $ 235,294,000 10 $ 1,090,000
Cornerstone Credit Union
550 W. MEADOWS DRIVE
FREEPORT, IL 61032
* $ 103,950,000 10 $ 360,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 10 $ 1,171,000
First Federal Savings Bank
633 LASALLE ST
OTTAWA, IL 61350
* $ 371,402,000 9 $ 964,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 9,622,999,000 8 $ 784,000
First National Bank of Omaha
1620 DODGE STREET
OMAHA, NE 68197
* $ 18,260,025,000 8 $ 965,000
Stillman Banccorp NA
101 E. MAIN STREET P.O. BOX 150
STILLMAN VALLEY, IL 61084
* $ 423,954,000 8 $ 849,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 8 $ 659,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ 10,000,000 7 $ 799,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 7 $ 981,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 6 $ 348,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 6 $ 754,000
First Centennial Mortgage Corporation
2471 W SULLIVAN ROAD
CHICAGO, IL 60506
* $ 10,000,000 6 $ 668,000
Union Savings Bank
223 W STEPHENSON ST
FREEPORT, IL 61032
* $ 155,735,000 5 $ 456,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 5 $ 812,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 175,672,000 5 $ 587,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 5 $ 608,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 5 $ 524,000
Community Banc Mortgage Corp
301 N MAIN
CHATHAM, IL 62629
* $ 1,003,316,000 5 $ 579,000
Dubuque Bank and Trust Company
1398 CENTRAL AVENUE
DUBUQUE, IA 52001
* $ 1,617,322,000 5 $ 462,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 5 $ 435,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,949,868,000 5 $ 588,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 4,654,173,000 4 $ 143,000
Peoples Home Equity
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ 1,065,000 4 $ 497,000
Resource Bank, National Association
555 BETHANY ROAD
DEKALB, IL 60115
* $ 409,098,000 4 $ 449,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 4 $ 695,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 104,121,677,000 4 $ 514,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 4 $ 846,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 3 $ 123,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 3 $ 436,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 3 $ 375,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 3 $ 395,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,299,801,000,000 3 $ 397,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 3 $ 318,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 988,439,000 3 $ 377,000
First American Bank
80 STRATFORD DRIVE
ELK GROVE VILLAGE, IL 60007
* $ 3,445,949,000 3 $ 261,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 3 $ 291,000
Illini Bank
3200 W. ILES AVENUE
SPRINGFIELD, IL 62711
* $ 284,800,000 3 $ 383,000
The Harvard State Bank
35 N AYER ST, PO BOX 40
HARVARD, IL 60033
* $ 213,943,000 3 $ 477,000
Old Second National Bank
37 SOUTH RIVER STREET
AURORA, IL 60506
* $ 2,054,032,000 3 $ 616,000
Marine Bank
3050 WABASH AVENUE
SPRINGFIELD, IL 62704
* $ 621,057,000 3 $ 277,000
Heartland Bank & Trust Company
401 N HERSHEY RD
BLOOMINGTON, IL 61704
* $ 2,475,176,000 2 $ 246,000
Northwest Bank of Rockford
3106 N ROCKTON AVE
ROCKFORD, IL 61103
* $ 249,718,000 2 $ 175,000
Inland Bank & Trust
1900 W STATE ST
GENEVA, IL 60134
* $ 1,073,879,000 2 $ 114,000
Tbk Bank, SSB
12700 PARK CENTRAL DRIVE STE #1700
DALLAS, TX 75251
* $ 1,618,367,000 2 $ 256,000
Hometown National Bank
260 BUCKLIN STREET
LA SALLE, IL 61301
* $ 203,846,000 2 $ 218,000
Farmers National Bank
114 W THIRD ST
PROPHETSTOWN, IL 61277
* $ 552,894,000 2 $ 1,425,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 2 $ 216,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 224,192,000 2 $ 23,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 2 $ 67,000
Gsf Mortgage Corp
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ 10,000,000 2 $ 190,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ 10,000,000 2 $ 263,000
Intercap Lending Inc
910 EAST 6600 SOUTH
SALT LAKE CITY, UT 84121
* $ 10,000,000 2 $ 387,000
Flagship Financial Group, Llc.
3130 W. MAPLE LOOP DR.
LEHI, UT 84043
* $ 0 2 $ 387,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 2 $ 10,000
Busey Bank
100 W UNIVERSITY AVE
CHAMPAIGN, IL 61820
* $ 3,958,614,000 2 $ 125,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 2 $ 27,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 284,507,000 2 $ 299,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 188,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 129,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 2 $ 180,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 2 $ 322,000
The National Bank & Trust Comp
230 WEST STATE STREET
SYCAMORE, IL 60178
* $ 632,842,000 2 $ 72,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 2 $ 148,000
Perl Mortgage, Inc.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ 11,000,000 2 $ 382,000
Draper and Kramer Mortgage Corp.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ 10,000,000 2 $ 340,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,128,427,000 2 $ 78,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 318,361,000 2 $ 263,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 2 $ 167,000
Central Bank Illinois
101 N STATE ST
GENESEO, IL 61254
* $ 534,966,000 2 $ 213,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 2 $ 449,000
Vibrant Credit Union
1900 52ND AVE
MOLINE, IL 61265
* $ 551,457,000 2 $ 259,000
Financial Plus Credit Union
800 CHESTNUT ST
OTTAWA, IL 61350
* $ 280,408,000 1 $ 40,000
Illinois Community Credit Union
508 W STATE STREET
SYCAMORE, IL 60178
* $ 76,583,000 1 $ 86,000
Millennium Bank
2077 MINER STREET
DESPLAINES, IL 60016
* $ 80,028,000 1 $ 176,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 110,000
Gmh Mortgage Services LLC
625 W RIDGE PIKE STE 100; BUILDING C
CONSHOHOCKEN, PA 19428
* $ 14,678,000 1 $ 205,000
Consumer Loan Services, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 1 $ 91,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 961,929,000 1 $ 87,000
Alpine Bank & Trust Co.
1700 N ALPINE RD
ROCKFORD, IL 61107
* $ 1,207,307,000 1 $ 56,000
Bank
1403 S. ROOSEVELT
WAPELLO, IA 52653
* $ 69,479,000 1 $ 26,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 1 $ 100,000
Illinois Bank & Trust
6855 E RIVERSIDE BLVD
ROCKFORD, IL 61114
* $ 759,333,000 1 $ 69,000
Pacor Mortgage Corp
14930 CICERO AVE
OAK FOREST, IL 60452
* $ 14,292,000 1 $ 237,000
State Bank of Speer
14 MAIN ST. P.O. BOX 37
SPEER, IL 61479
* $ 182,033,000 1 $ 150,000
The Anderson Financial Group, Inc.
2421 NORTH ASHLAND AVENUE
CHICAGO, IL 60614
* $ 10,000,000 1 $ 142,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 1 $ 103,000
Rock Valley Credit Union
1201 CLIFFORD AVE
LOVES PARK, IL 61111
* $ 90,593,000 1 $ 6,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 2,952,894,000 1 $ 137,000
Healthcare Associates Credit Union
1151 E WARRENVILLE RD
NAPERVILLE, IL 60563
* $ 304,336,000 1 $ 20,000
First Northern Credit Union
230 W MONROE, SUITE 2850
CHICAGO, IL 60606
* $ 313,239,000 1 $ 68,000
Scott Credit Union
101 CREDIT UNION WAY
EDWARDSVILLE, IL 62025
* $ 1,039,806,000 1 $ 3,000
Sandy Spring Bank
6831 BENJAMIN FRANKIN DRIVE
COLUMBIA, MD 21046
* $ 4,650,220,000 1 $ 58,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 1 $ 70,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 190,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 1 $ 126,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ 10,000,000 1 $ 77,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ 50,442,000 1 $ 106,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 1 $ 82,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 91,000
Townstone Finanacial, Inc.
1141 W RANDOLPH
CHICAGO, IL 60607
* $ 10,000,000 1 $ 263,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 158,000
Intercontinental Capital Group, Inc
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ 10,016,511,000 1 $ 116,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 216,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 101,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ 10,000,000 1 $ 84,000
Midwest Community Bank
510 PARK CREST DR
FREEPORT, IL 61032
* $ 217,730,000 1 $ 142,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 11,567,246,000 1 $ 110,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ 10,000,000 1 $ 65,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 85,747,508,000 1 $ 30,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 1 $ 66,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 12,356,237,000 1 $ 210,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 1 $ 206,000
First Federal Bank of Kansas City
6900 EXECUTIVE DR
KANSAS CITY, MO 64120
* $ 487,384,000 1 $ 214,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 1 $ 193,000
First Bank
11901 OLIVE BOULEVARD
SAINT LOUIS, MO 63141
* $ 5,998,925,000 1 $ 166,000
Centrue Bank
606 BROADWAY
COAL CITY, IL 60416
* $ 953,747,000 1 $ 50,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 1 $ 126,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 293,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 1 $ 62,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 1 $ 93,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 296,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 1 $ 230,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 157,000

The tables below break down 2016 mortgage applications in Lee County, IL by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Lee County, IL 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 402 $47,936,000 $119,000 $1,387,000 $73,000 $1,560,000
Home Purchase 361 $41,544,000 $115,000 $395,000 $63,000 $944,000
Home Improvement 66 $4,586,000 $69,000 $257,000 $85,000 $944,000

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 662 $74,665,000 $112,000 $870,000 $72,000 $944,000
Not applicable 65 $8,945,000 $137,000 $1,387,000 $22,000 $825,000
Not Provided 52 $4,583,000 $88,000 $257,000 $106,000 $1,560,000
Hispanic 31 $3,853,000 $124,000 $310,000 $67,000 $202,000
Black or African American 12 $1,452,000 $121,000 $220,000 $56,000 $119,000
American Indian or Alaskan Native 4 $174,000 $43,000 $61,000 $64,000 $121,000
Asian 2 $182,000 $91,000 $132,000 $59,000 $81,000
Native Hawaiin or Other Pacific Islander 1 $212,000 $212,000 $212,000 $171,000 $171,000

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) 502 $55,200,000 $109,000 $1,387,000 $84,000 $1,056,000
FHA-insured (Federal Housing Administration) 174 $18,635,000 $107,000 $276,000 $40,000 $179,000
VA-guaranteed (Veterans Administration) 112 $16,191,000 $144,000 $335,000 $63,000 $1,560,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 41 $4,040,000 $98,000 $215,000 $35,000 $88,000

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 465 $54,199,000 $116,000 $1,387,000 $78,000 $944,000
Application Denied By Financial Institution 175 $18,487,000 $105,000 $870,000 $63,000 $1,056,000
Loan Purchased By The Institution 73 $8,755,000 $119,000 $257,000 $17,000 $130,000
Application Withdrawn By Applicant 63 $7,176,000 $113,000 $335,000 $89,000 $1,560,000
File Closed For Incompleteness 31 $3,361,000 $108,000 $230,000 $66,000 $239,000
Application Approved But Not Accepted 22 $2,088,000 $94,000 $312,000 $52,000 $152,000
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 31 $2,310,000 $74,000 $225,000 $56,000 $122,000
Collateral 22 $2,432,000 $110,000 $288,000 $72,000 $174,000
Debt-To-Income Ratio 13 $1,243,000 $95,000 $259,000 $46,000 $119,000
Credit Application Incomplete 11 $979,000 $89,000 $165,000 $55,000 $108,000
Other 9 $867,000 $96,000 $215,000 $63,000 $168,000
Unverifiable Information 3 $411,000 $137,000 $161,000 $73,000 $85,000
Insufficient Cash (Downpayment, Closing Cost) 3 $365,000 $121,000 $214,000 $64,000 $102,000
Employment History 1 $125,000 $125,000 $125,000 $62,000 $62,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

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.

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