The Anderson Financial Group, Inc. Mortgage Lending & HMDA Data, 2011

In 2011, The Anderson Financial Group, Inc. of Chicago, IL reported 759 mortgage applications totaling $176.8 million, up 77% from 2010. The average application was for $232,977, and applicants reported an average income of $126,640. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Chicago-Joliet-Naperville, IL (303), Warren-Troy-Farmington Hills, MI (262) and Detroit-Livonia-Dearborn, MI (61) (applications in parentheses).

Mortgage Company & Address The Anderson Financial Group, Inc.
2421 North Ashland Avenue
Chicago, IL 60614
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2016  2015  2014  2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 759
Total Mortgage Loan Application Amount $176,830,000
Average Mortgage Loan Application Amount $232,977
Highest Mortgage Loan Application Amount $680,000
Average Applicant Income $126,640
Highest Applicant Income $1,095,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records The Anderson Financial Group, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Totals for The Anderson Financial Group, Inc. by County in 2011

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cook, Illinois 237 $ 67,372,000 $ 284,270 $ 141,000
Oakland, Michigan 207 $ 46,621,000 $ 225,222 $ 142,000
Wayne, Michigan 61 $ 10,668,000 $ 174,885 $ 91,000
DuPage, Illinois 45 $ 13,625,000 $ 302,777 $ 146,000
Macomb, Michigan 40 $ 5,959,000 $ 148,975 $ 75,000
Lake, Indiana 12 $ 2,222,000 $ 185,166 $ 63,000
Livingston, Michigan 11 $ 2,219,000 $ 201,727 $ 130,000
Kane, Illinois 7 $ 1,731,000 $ 247,285 $ 185,000
Lake, Illinois 7 $ 2,146,000 $ 306,571 $ 235,000
Will, Illinois 7 $ 2,003,000 $ 286,142 $ 123,000
Marion, Indiana 7 $ 1,165,000 $ 166,428 $ 61,000
St. Clair, Illinois 4 $ 540,000 $ 135,000 $ 63,000
Allen, Indiana 4 $ 531,000 $ 132,750 $ 45,000
Kalamazoo, Michigan 4 $ 599,000 $ 149,750 $ 56,000
Kent, Michigan 4 $ 906,000 $ 226,500 $ 113,000
Maricopa, Arizona 3 $ 655,000 $ 218,333 $ 48,000
Kendall, Illinois 3 $ 718,000 $ 239,333 $ 117,000
McHenry, Illinois 3 $ 794,000 $ 264,666 $ 111,000
Ogle, Illinois 3 $ 601,000 $ 200,333 $ 115,000
Porter, Indiana 3 $ 515,000 $ 171,666 $ 75,000
Cheboygan, Michigan 3 $ 904,000 $ 301,333 $ 356,000
Grand Traverse, Michigan 3 $ 411,000 $ 137,000 $ 50,000
Washtenaw, Michigan 3 $ 568,000 $ 189,333 $ 55,000
Milwaukee, Wisconsin 3 $ 661,000 $ 220,333 $ 96,000
Madison, Illinois 2 $ 252,000 $ 126,000 $ 76,000
Sangamon, Illinois 2 $ 425,000 $ 212,500 $ 71,000
Williamson, Illinois 2 $ 226,000 $ 113,000 $ 59,000
Delaware, Indiana 2 $ 340,000 $ 170,000 $ 48,000
Hendricks, Indiana 2 $ 325,000 $ 162,500 $ 58,000
Johnson, Indiana 2 $ 286,000 $ 143,000 $ 55,000
Madison, Indiana 2 $ 339,000 $ 169,500 $ 55,000
Allegan, Michigan 2 $ 277,000 $ 138,500 $ 59,000
Genesee, Michigan 2 $ 220,000 $ 110,000 $ 65,000
Lapeer, Michigan 2 $ 285,000 $ 142,500 $ 47,000
Mason, Michigan 2 $ 598,000 $ 299,000 $ 299,000
Monroe, Michigan 2 $ 194,000 $ 97,000 $ 37,000
Newaygo, Michigan 2 $ 321,000 $ 160,500 $ 34,000
Otsego, Michigan 2 $ 189,000 $ 94,500 $ 157,000
Ottawa, Michigan 2 $ 235,000 $ 117,500 $ 55,000
Presque Isle, Michigan 2 $ 210,000 $ 105,000 $ 83,000
Roscommon, Michigan 2 $ 232,000 $ 116,000 $ 163,000
St. Clair, Michigan 2 $ 287,000 $ 143,500 $ 50,000
Navajo, Arizona 1 $ 186,000 $ 186,000 $ 55,000
Boone, Illinois 1 $ 149,000 $ 149,000 $ 55,000
DeKalb, Illinois 1 $ 143,000 $ 143,000 $ 132,000
Jersey, Illinois 1 $ 237,000 $ 237,000 $ 108,000
LaSalle, Illinois 1 $ 133,000 $ 133,000 $ 28,000
Livingston, Illinois 1 $ 118,000 $ 118,000 $ 47,000
Tazewell, Illinois 1 $ 119,000 $ 119,000 $ 52,000
Winnebago, Illinois 1 $ 116,000 $ 116,000 $ 79,000
Blackford, Indiana 1 $ 121,000 $ 121,000 $ 47,000
Clark, Indiana 1 $ 162,000 $ 162,000 $ 64,000
Dubois, Indiana 1 $ 160,000 $ 160,000 $ 43,000
Jefferson, Indiana 1 $ 111,000 $ 111,000 $ 24,000
St. Joseph, Indiana 1 $ 155,000 $ 155,000 $ 35,000
Tippecanoe, Indiana 1 $ 125,000 $ 125,000 $ 18,000
Wabash, Indiana 1 $ 137,000 $ 137,000 $ 44,000
Whitley, Indiana 1 $ 133,000 $ 133,000 $ 24,000
Berrien, Michigan 1 $ 680,000 $ 680,000 $ 675,000
Emmet, Michigan 1 $ 416,000 $ 416,000 $ 335,000
Huron, Michigan 1 $ 166,000 $ 166,000 $ 107,000
Ingham, Michigan 1 $ 116,000 $ 116,000 $ 42,000
Ionia, Michigan 1 $ 130,000 $ 130,000 $ 36,000
Midland, Michigan 1 $ 150,000 $ 150,000 $ 20,000
Muskegon, Michigan 1 $ 240,000 $ 240,000 $ 179,000
Saginaw, Michigan 1 $ 126,000 $ 126,000 $ 41,000
Van Buren, Michigan 1 $ 117,000 $ 117,000 $ 30,000
Bayfield, Wisconsin 1 $ 335,000 $ 335,000 $ 486,000
Dane, Wisconsin 1 $ 285,000 $ 285,000 $ 114,000
Dodge, Wisconsin 1 $ 152,000 $ 152,000 $ 32,000
Dunn, Wisconsin 1 $ 118,000 $ 118,000 $ 24,000
Eau Claire, Wisconsin 1 $ 113,000 $ 113,000 $ 43,000
Juneau, Wisconsin 1 $ 226,000 $ 226,000 $ 75,000
Kewaunee, Wisconsin 1 $ 157,000 $ 157,000 $ 41,000
Lincoln, Wisconsin 1 $ 178,000 $ 178,000 $ 45,000
Manitowoc, Wisconsin 1 $ 117,000 $ 117,000 $ 39,000
Pierce, Wisconsin 1 $ 200,000 $ 200,000 $ 67,000
Rock, Wisconsin 1 $ 154,000 $ 154,000 $ 67,000
Walworth, Wisconsin 1 $ 406,000 $ 406,000 $ 310,000
Waukesha, Wisconsin 1 $ 171,000 $ 171,000 $ 52,000
Winnebago, Wisconsin 1 $ 397,000 $ 397,000 $ 1,040,000

Mortgage Loan Application Detail Totals for The Anderson Financial Group, Inc. in 2011

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 504 $121,314,000 $240,000 $680,000 $130,000 $1,095,000
Home Purchase 255 $55,516,000 $217,000 $570,000 $120,000 $592,000
Home Improvement 0 $0 $0 $0 $0 $0

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 687 $160,950,000 $234,000 $680,000 $129,000 $1,095,000
Not Provided 26 $5,685,000 $218,000 $417,000 $106,000 $229,000
Asian 18 $4,120,000 $228,000 $372,000 $114,000 $233,000
Black or African American 17 $3,179,000 $187,000 $399,000 $74,000 $210,000
Hispanic 10 $2,766,000 $276,000 $416,000 $150,000 $335,000
American Indian or Alaskan Native 1 $130,000 $130,000 $130,000 $127,000 $127,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 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) 547 $142,040,000 $259,000 $680,000 $150,000 $1,095,000
FHA-insured (Federal Housing Administration) 212 $34,790,000 $164,000 $390,000 $66,000 $413,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 758 $176,687,000 $233,000 $680,000 $127,000 $1,095,000
Application Denied By Financial Institution 1 $143,000 $143,000 $143,000 $132,000 $132,000
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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
Collateral 1 $143,000 $143,000 $143,000 $132,000 $132,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into The Anderson Financial Group, Inc.'s 2011 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 The Anderson Financial Group, Inc.'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.
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