Alpine Bank & Trust Co. Mortgage Lending & HMDA Data, 2008
In 2008, Alpine Bank & Trust Co. of Rockford, IL reported 1,723 mortgage applications totaling $195.7 million. The average application was for $113,579, and applicants reported an average income of $72,319. 76% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Rockford, IL (1,513), Chicago-Naperville-Joliet, IL (42) and Janesville, WI (6) (applications in parentheses).
| Mortgage Company & Address | Alpine Bank & Trust Co. 1700 N Alpine Rd Rockford, IL 61107 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 |
| Total Number of Mortgage Applications | 1,723 |
| Total Mortgage Loan Application Amount | $195,698,000 |
| Average Mortgage Loan Application Amount | $113,579 |
| Highest Mortgage Loan Application Amount | $417,000 |
| Average Applicant Income | $72,319 |
| Highest Applicant Income | $1,100,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Alpine Bank & Trust Co. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
Mortgage Loan Application Detail Totals for Alpine Bank & Trust Co. in 2008
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 | 870 | $104,343,000 | $119,000 | $417,000 | $76,000 | $1,100,000 |
| Home Purchase | 700 | $88,828,000 | $126,000 | $417,000 | $70,000 | $485,000 |
| Home Improvement | 153 | $2,527,000 | $16,000 | $75,000 | $62,000 | $165,000 |
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 | 1,508 | $171,268,000 | $113,000 | $417,000 | $73,000 | $1,100,000 |
| Hispanic | 75 | $7,859,000 | $104,000 | $306,000 | $62,000 | $456,000 |
| Not Provided | 59 | $5,614,000 | $95,000 | $416,000 | $78,000 | $275,000 |
| Asian | 35 | $4,713,000 | $134,000 | $340,000 | $77,000 | $336,000 |
| Black or African American | 34 | $4,042,000 | $118,000 | $417,000 | $55,000 | $225,000 |
| Not applicable | 9 | $2,062,000 | $229,000 | $401,000 | $0 | $0 |
| American Indian or Alaskan Native | 3 | $140,000 | $46,000 | $100,000 | $51,000 | $90,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 1,379 | $155,481,000 | $112,000 | $417,000 | $76,000 | $1,100,000 |
| FHA-insured (Federal Housing Administration) | 325 | $37,607,000 | $115,000 | $255,000 | $57,000 | $418,000 |
| VA-guaranteed (Veterans Administration) | 19 | $2,610,000 | $137,000 | $296,000 | $62,000 | $149,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 1,317 | $149,826,000 | $113,000 | $417,000 | $75,000 | $1,100,000 |
| Application Denied By Financial Institution | 170 | $16,208,000 | $95,000 | $416,000 | $59,000 | $251,000 |
| Application Withdrawn By Applicant | 96 | $13,096,000 | $136,000 | $413,000 | $80,000 | $610,000 |
| Preapproval Denied by Financial Institution | 75 | $8,877,000 | $118,000 | $333,000 | $45,000 | $160,000 |
| Application Approved But Not Accepted | 43 | $4,785,000 | $111,000 | $417,000 | $79,000 | $453,000 |
| File Closed For Incompleteness | 22 | $2,906,000 | $132,000 | $256,000 | $67,000 | $144,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 81 | $8,165,000 | $100,000 | $379,000 | $56,000 | $225,000 |
| Debt-To-Income Ratio | 62 | $8,134,000 | $131,000 | $409,000 | $41,000 | $120,000 |
| Collateral | 22 | $2,906,000 | $132,000 | $375,000 | $64,000 | $151,000 |
| Credit Application Incomplete | 12 | $1,512,000 | $126,000 | $200,000 | $61,000 | $160,000 |
| Other | 11 | $1,279,000 | $116,000 | $416,000 | $68,000 | $251,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,017,000 | $169,000 | $333,000 | $70,000 | $94,000 |
| Employment History | 5 | $775,000 | $155,000 | $333,000 | $58,000 | $97,000 |
| Unverifiable Information | 1 | $127,000 | $127,000 | $127,000 | $52,000 | $52,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Alpine Bank & Trust Co.'s 2008 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Alpine Bank & Trust Co.'s mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Illinois, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About