The Anderson Financial Group, Inc. Mortgage Lending & HMDA Data, 2019

In 2019, The Anderson Financial Group, Inc. of Chicago, IL reported 1,102 mortgage applications totaling $290.7 million, up 201% from 2018. The average application was for $263,756, and applicants reported an average income of $121,683. 76% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Chicago-Naperville, IL (530), Warren-Troy-Farmington Hills, MI (192) and Elgin, IL (84) (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 1,102
Total Mortgage Loan Application Amount $290,660,000
Average Mortgage Loan Application Amount $263,756
Highest Mortgage Loan Application Amount $1,375,000
Average Applicant Income $121,683
Highest Applicant Income $1,034,000

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The Anderson Financial Group, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2019

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cook, Illinois 215 $ 64,155,000 $ 298,395 $ 129,000
Will, Illinois 178 $ 47,190,000 $ 265,112 $ 115,000
Oakland, Michigan 147 $ 37,335,000 $ 253,979 $ 132,000
DuPage, Illinois 125 $ 37,595,000 $ 300,760 $ 128,000
Kane, Illinois 41 $ 10,735,000 $ 261,829 $ 107,000
Kendall, Illinois 40 $ 8,860,000 $ 221,500 $ 101,000
Macomb, Michigan 36 $ 7,460,000 $ 207,222 $ 106,000
Lake, Indiana 30 $ 5,640,000 $ 188,000 $ 91,000
Maricopa, Arizona 27 $ 9,925,000 $ 367,592 $ 147,000
Wayne, Michigan 25 $ 6,425,000 $ 257,000 $ 153,000
Tarrant, Texas 15 $ 2,955,000 $ 197,000 $ 86,000
Williamson, Texas 13 $ 2,885,000 $ 221,923 $ 87,000
Harris, Texas 12 $ 1,920,000 $ 160,000 $ 71,000
LaSalle, Illinois 11 $ 1,775,000 $ 161,363 $ 57,000
Lake, Illinois 10 $ 2,670,000 $ 267,000 $ 100,000
Travis, Texas 8 $ 2,140,000 $ 267,500 $ 112,000
McHenry, Illinois 7 $ 1,735,000 $ 247,857 $ 115,000
Delaware, Indiana 7 $ 1,255,000 $ 179,285 $ 48,000
Dallas, Texas 7 $ 1,505,000 $ 215,000 $ 88,000
Porter, Indiana 6 $ 1,130,000 $ 188,333 $ 137,000
Hillsborough, Florida 5 $ 2,385,000 $ 477,000 $ 196,000
Grundy, Illinois 5 $ 995,000 $ 199,000 $ 91,000
Genesee, Michigan 5 $ 675,000 $ 135,000 $ 42,000
Livingston, Michigan 5 $ 1,355,000 $ 271,000 $ 114,000
Lee, Florida 4 $ 560,000 $ 140,000 $ 139,000
Kankakee, Illinois 4 $ 500,000 $ 125,000 $ 51,000
Marion, Indiana 4 $ 560,000 $ 140,000 $ 51,000
Ingham, Michigan 4 $ 880,000 $ 220,000 $ 361,000
Collier, Florida 3 $ 625,000 $ 208,333 $ 257,000
DeKalb, Illinois 3 $ 595,000 $ 198,333 $ 66,000
LaPorte, Indiana 3 $ 1,105,000 $ 368,333 $ 510,000
Berrien, Michigan 3 $ 885,000 $ 295,000 $ 169,000
Ottawa, Michigan 3 $ 415,000 $ 138,333 $ 43,000
St. Clair, Michigan 3 $ 725,000 $ 241,666 $ 110,000
Washtenaw, Michigan 3 $ 745,000 $ 248,333 $ 127,000
Bastrop, Texas 3 $ 915,000 $ 305,000 $ 68,000
Collin, Texas 3 $ 935,000 $ 311,666 $ 96,000
Denton, Texas 3 $ 765,000 $ 255,000 $ 71,000
Los Angeles, California 2 $ 780,000 $ 390,000 $ 373,000
San Diego, California 2 $ 790,000 $ 395,000 $ 131,000
Douglas, Colorado 2 $ 770,000 $ 385,000 $ 181,000
Weld, Colorado 2 $ 370,000 $ 185,000 $ 185,000
Broward, Florida 2 $ 890,000 $ 445,000 $ 120,000
Manatee, Florida 2 $ 510,000 $ 255,000 $ 171,000
Pasco, Florida 2 $ 240,000 $ 120,000 $ 32,000
Clarke, Georgia 2 $ 240,000 $ 120,000 $ 181,000
Hamilton, Indiana 2 $ 390,000 $ 195,000 $ 73,000
Howard, Indiana 2 $ 560,000 $ 280,000 $ 110,000
Madison, Indiana 2 $ 180,000 $ 90,000 $ 55,000
Kent, Michigan 2 $ 680,000 $ 340,000 $ 196,000
Otsego, Michigan 2 $ 350,000 $ 175,000 $ 150,000
Hays, Texas 2 $ 370,000 $ 185,000 $ 70,000
Walworth, Wisconsin 2 $ 1,080,000 $ 540,000 $ 275,000
Coconino, Arizona 1 $ 215,000 $ 215,000 $ 142,000
Pima, Arizona 1 $ 75,000 $ 75,000 $ 23,000
Orange, California 1 $ 465,000 $ 465,000 $ 183,000
San Bernardino, California 1 $ 445,000 $ 445,000 $ 215,000
San Luis Obispo, California 1 $ 425,000 $ 425,000 $ 136,000
Tehama, California 1 $ 225,000 $ 225,000 $ 64,000
Adams, Colorado 1 $ 365,000 $ 365,000 $ 107,000
Jefferson, Colorado 1 $ 455,000 $ 455,000 $ 188,000
Clay, Florida 1 $ 235,000 $ 235,000 $ 77,000
Hernando, Florida 1 $ 175,000 $ 175,000 $ 73,000
Orange, Florida 1 $ 295,000 $ 295,000 $ 147,000
Pinellas, Florida 1 $ 165,000 $ 165,000 $ 44,000
Sarasota, Florida 1 $ 295,000 $ 295,000 $ 511,000
Gwinnett, Georgia 1 $ 125,000 $ 125,000 $ 46,000
Bureau, Illinois 1 $ 85,000 $ 85,000 $ 94,000
Livingston, Illinois 1 $ 85,000 $ 85,000 $ 34,000
McLean, Illinois 1 $ 295,000 $ 295,000 $ 167,000
Ogle, Illinois 1 $ 215,000 $ 215,000 $ 104,000
Hancock, Indiana 1 $ 75,000 $ 75,000 $ 24,000
Hendricks, Indiana 1 $ 195,000 $ 195,000 $ 60,000
Marshall, Indiana 1 $ 115,000 $ 115,000 $ 67,000
Morgan, Indiana 1 $ 155,000 $ 155,000 $ 32,000
Shelby, Indiana 1 $ 165,000 $ 165,000 $ 65,000
Warrick, Indiana 1 $ 1,375,000 $ 1,375,000 $ 600,000
Alcona, Michigan 1 $ 445,000 $ 445,000 $ 375,000
Eaton, Michigan 1 $ 195,000 $ 195,000 $ 53,000
Grand Traverse, Michigan 1 $ 125,000 $ 125,000 $ 115,000
Lapeer, Michigan 1 $ 285,000 $ 285,000 $ 85,000
Leelanau, Michigan 1 $ 305,000 $ 305,000 $ 197,000
Oceana, Michigan 1 $ 185,000 $ 185,000 $ 59,000
Sanilac, Michigan 1 $ 85,000 $ 85,000 $ 90,000
Van Buren, Michigan 1 $ 485,000 $ 485,000 $ 200,000
Bell, Texas 1 $ 205,000 $ 205,000 $ 110,000
Brazoria, Texas 1 $ 195,000 $ 195,000 $ 45,000
Fort Bend, Texas 1 $ 145,000 $ 145,000 $ 53,000
Galveston, Texas 1 $ 75,000 $ 75,000 $ 38,000
Johnson, Texas 1 $ 175,000 $ 175,000 $ 110,000
Montgomery, Texas 1 $ 315,000 $ 315,000 $ 55,000
Waller, Texas 1 $ 185,000 $ 185,000 $ 56,000
Pierce, Wisconsin 1 $ 215,000 $ 215,000 $ 94,000

Mortgage Loan Application Detail Totals for The Anderson Financial Group, Inc. 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 635 $152,805,000 $240,000 $995,000 $112,000 $725,000
Refinancing 432 $129,140,000 $298,000 $1,375,000 $135,000 $600,000
Cash-out Refinancing 35 $8,715,000 $249,000 $475,000 $133,000 $1,034,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 916 $246,280,000 $268,000 $995,000 $127,000 $1,034,000
Hispanic 87 $18,615,000 $213,000 $465,000 $90,000 $426,000
Not Provided 48 $13,000,000 $270,000 $1,375,000 $111,000 $600,000
Black or African American 25 $5,295,000 $211,000 $425,000 $80,000 $175,000
Asian 24 $7,060,000 $294,000 $705,000 $113,000 $217,000
American Indian or Alaskan Native 2 $410,000 $205,000 $335,000 $65,000 $81,000
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) 906 $246,570,000 $272,000 $1,375,000 $130,000 $1,034,000
FHA-insured (Federal Housing Administration) 184 $40,650,000 $220,000 $655,000 $78,000 $438,000
VA-guaranteed (Veterans Administration) 11 $3,255,000 $295,000 $475,000 $131,000 $246,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $185,000 $185,000 $185,000 $61,000 $61,000

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 837 $222,715,000 $266,000 $995,000 $125,000 $1,034,000
Application Withdrawn By Applicant 202 $51,150,000 $253,000 $1,375,000 $110,000 $600,000
File Closed For Incompleteness 29 $7,265,000 $250,000 $605,000 $101,000 $320,000
Application Denied By Financial Institution 23 $6,795,000 $295,000 $965,000 $111,000 $400,000
Application Approved But Not Accepted 11 $2,735,000 $248,000 $455,000 $107,000 $288,000
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
Not applicable 1,079 $283,865,000 $263,000 $1,375,000 $122,000 $1,034,000
Debt-To-Income Ratio 12 $3,820,000 $318,000 $965,000 $100,000 $400,000
Collateral 8 $2,130,000 $266,000 $465,000 $128,000 $240,000
Other 1 $215,000 $215,000 $215,000 $89,000 $89,000
Employment History 1 $515,000 $515,000 $515,000 $219,000 $219,000
Insufficient Cash (Downpayment, Closing Cost) 1 $115,000 $115,000 $115,000 $26,000 $26,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into The Anderson Financial Group, Inc.'s 2019 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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