The Anderson Financial Group, Inc. Mortgage Lending & HMDA Data, 2025

In 2025, The Anderson Financial Group, Inc. of Chicago, IL reported 519 mortgage applications totaling $189.2 million, up 16% from 2024. The average application was for $364,518, and applicants reported an average income of $201,630. 75% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Chicago-Naperville, IL (287), Elgin, IL (51) and Warren-Troy-Farmington Hills, MI (41) (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 519
Total Mortgage Loan Application Amount $189,185,000
Average Mortgage Loan Application Amount $364,518
Highest Mortgage Loan Application Amount $1,805,000
Average Applicant Income $201,630
Highest Applicant Income $5,460,000

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The Anderson Financial Group, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Metropolitan Area in 2025

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Chicago-Naperville, IL 287 $ 105,505,000 $ 367,613 $ 219,000
Elgin, IL 51 $ 17,665,000 $ 346,372 $ 172,000
Warren-Troy-Farmington Hills, MI 41 $ 15,855,000 $ 386,707 $ 174,000
Lake County-Porter County-Jasper County, IN 33 $ 8,975,000 $ 271,969 $ 104,000
Outside any metro area 18 $ 5,550,000 $ 308,333 $ 167,388
Phoenix-Mesa-Scottsdale, AZ 12 $ 7,790,000 $ 649,166 $ 284,000
Lake County-Kenosha County, IL-WI 9 $ 3,235,000 $ 359,444 $ 241,000
Grand Rapids-Wyoming, MI 8 $ 2,100,000 $ 262,500 $ 225,000
Detroit-Dearborn-Livonia, MI 7 $ 2,065,000 $ 295,000 $ 111,000
Ann Arbor, MI 6 $ 2,360,000 $ 393,333 $ 197,000
Chattanooga, TN-GA 6 $ 900,000 $ 150,000 $ 107,000
Kankakee, IL 6 $ 1,870,000 $ 311,666 $ 127,000
Cape Coral-Fort Myers, FL 3 $ 1,135,000 $ 378,333 $ 167,000
Michigan City-La Porte, IN 3 $ 675,000 $ 225,000 $ 106,000
Raleigh, NC 3 $ 1,875,000 $ 625,000 $ 214,000
Bloomington, IL 2 $ 470,000 $ 235,000 $ 145,000
Indianapolis-Carmel-Anderson, IN 2 $ 750,000 $ 375,000 $ 145,000
Wilmington, NC 2 $ 2,180,000 $ 1,090,000 $ 1,067,000
Athens-Clarke County, GA 1 $ 245,000 $ 245,000 $ 222,000
Atlanta-Sandy Springs-Roswell, GA 1 $ 635,000 $ 635,000 $ 290,000
Boulder, CO 1 $ 655,000 $ 655,000 $ 183,000
Charleston-North Charleston, SC 1 $ 1,115,000 $ 1,115,000 $ 1,094,000
Decatur, IL 1 $ 165,000 $ 165,000 $ 68,000
Denver-Aurora-Lakewood, CO 1 $ 1,155,000 $ 1,155,000 $ 425,000
Des Moines-West Des Moines, IA 1 $ 185,000 $ 185,000 $ 65,000
Flint, MI 1 $ 385,000 $ 385,000 $ 91,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 1 $ 225,000 $ 225,000 $ 84,000
Kalamazoo-Portage, MI 1 $ 265,000 $ 265,000 $ 87,000
Lansing-East Lansing, MI 1 $ 245,000 $ 245,000 $ 156,000
Naples-Immokalee-Marco Island, FL 1 $ 225,000 $ 225,000 $ 533,000
Niles-Benton Harbor, MI 1 $ 245,000 $ 245,000 $ 62,000
Orlando-Kissimmee-Sanford, FL 1 $ 165,000 $ 165,000 $ 111,000
Pensacola-Ferry Pass-Brent, FL 1 $ 445,000 $ 445,000 $ 138,000
Peoria, IL 1 $ 275,000 $ 275,000 $ 124,000
Riverside-San Bernardino-Ontario, CA 1 $ 315,000 $ 315,000 $ 262,000
Santa Cruz-Watsonville, CA 1 $ 685,000 $ 685,000 $ 331,000
South Bend-Mishawaka, IN-MI 1 $ 255,000 $ 255,000 $ 83,000
Springfield, IL 1 $ 345,000 $ 345,000 $ 207,000

Mortgage Loan Application Detail Totals for The Anderson Financial Group, Inc. in 2025

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 400 $137,850,000 $344,000 $1,805,000 $192,000 $5,460,000
Refinancing 98 $43,780,000 $446,000 $1,475,000 $243,000 $1,094,000
Cash-out Refinancing 21 $7,555,000 $359,000 $1,405,000 $192,000 $704,000
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 314 $114,080,000 $363,000 $1,625,000 $200,000 $5,460,000
Not Provided 128 $48,340,000 $377,000 $1,115,000 $223,000 $3,989,000
Hispanic 34 $9,070,000 $266,000 $475,000 $131,000 $419,000
Black or African American 24 $7,720,000 $321,000 $585,000 $139,000 $362,000
Asian 19 $9,975,000 $525,000 $1,805,000 $287,000 $1,042,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
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) 493 $181,525,000 $368,000 $1,805,000 $206,000 $5,460,000
FHA-insured (Federal Housing Administration) 26 $7,660,000 $294,000 $455,000 $114,000 $224,000
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 390 $142,310,000 $364,000 $1,625,000 $205,000 $5,460,000
Application Withdrawn By Applicant 98 $36,260,000 $370,000 $1,805,000 $197,000 $3,989,000
Application Approved But Not Accepted 21 $7,475,000 $355,000 $955,000 $187,000 $863,000
File Closed For Incompleteness 8 $2,490,000 $311,000 $455,000 $152,000 $400,000
Application Denied By Financial Institution 2 $650,000 $325,000 $465,000 $131,000 $203,000
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 517 $188,535,000 $364,000 $1,805,000 $202,000 $5,460,000
Collateral 1 $465,000 $465,000 $465,000 $203,000 $203,000
Credit History 1 $185,000 $185,000 $185,000 $60,000 $60,000
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
Credit Application Incomplete 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 2025 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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