Arcola Homestead Savings Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2009
Arcola Homestead Savings Bank 2009 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Arcola Homestead Savings Bank 110 N. Oak St. P. O. Box 98 Arcola, IL 61910 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2009 |
| Total Number of Mortgage Applications | 90 |
| Total Mortgage Loan Application Amount | $17,771,000 |
| Average Mortgage Loan Application Amount | $195,500 |
| Highest Mortgage Loan Application Amount | $910,000 |
| Average Applicant Income | $71,500 |
| Highest Applicant Income | $381,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2009 with Arcola Homestead Savings Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Arcola Homestead Savings Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2009 breaks down Arcola Homestead Savings Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Arcola Homestead Savings Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Arcola Homestead Savings Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Arcola Homestead Savings Bank's mortgage activity for 2009.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cook County Illinois | 13 | $ 3,301,000 | $ 253,000 | $ 84,000 |
| Wayne County Michigan | 11 | $ 734,000 | $ 66,000 | $ 48,000 |
| Ocean County New Jersey | 6 | $ 1,481,000 | $ 246,000 | $ 78,000 |
| Oakland County Michigan | 4 | $ 493,000 | $ 123,000 | $ 49,000 |
| Fulton County Georgia | 3 | $ 859,000 | $ 286,000 | $ 112,000 |
| Gwinnett County Georgia | 3 | $ 390,000 | $ 130,000 | $ 52,000 |
| Broward County Florida | 2 | $ 354,000 | $ 177,000 | $ 57,000 |
| Cobb County Georgia | 2 | $ 401,000 | $ 200,000 | $ 69,000 |
| DeKalb County Georgia | 2 | $ 330,000 | $ 165,000 | $ 52,000 |
| McLean County Illinois | 2 | $ 209,000 | $ 104,000 | $ 31,000 |
| Macomb County Michigan | 2 | $ 326,000 | $ 163,000 | $ 44,000 |
| Monmouth County New Jersey | 2 | $ 544,000 | $ 272,000 | $ 87,000 |
| Kings County New York | 2 | $ 1,114,000 | $ 557,000 | $ 97,000 |
| Harris County Texas | 2 | $ 254,000 | $ 127,000 | $ 58,000 |
| Tulare County California | 1 | $ 162,000 | $ 162,000 | $ 90,000 |
| Duval County Florida | 1 | $ 120,000 | $ 120,000 | $ 38,000 |
| Escambia County Florida | 1 | $ 75,000 | $ 75,000 | $ 43,000 |
| Lee County Florida | 1 | $ 107,000 | $ 107,000 | $ 43,000 |
| Miami-Dade County Florida | 1 | $ 312,000 | $ 312,000 | $ 96,000 |
| Monroe County Florida | 1 | $ 279,000 | $ 279,000 | $ 96,000 |
| St. Johns County Florida | 1 | $ 471,000 | $ 471,000 | $ 38,000 |
| Carroll County Georgia | 1 | $ 110,000 | $ 110,000 | $ 30,000 |
| Charlton County Georgia | 1 | $ 81,000 | $ 81,000 | $ 32,000 |
| Cherokee County Georgia | 1 | $ 167,000 | $ 167,000 | $ 48,000 |
| Hall County Georgia | 1 | $ 197,000 | $ 197,000 | $ 64,000 |
| Henry County Georgia | 1 | $ 160,000 | $ 160,000 | $ 48,000 |
| Houston County Georgia | 1 | $ 415,000 | $ 415,000 | $ 188,000 |
| Champaign County Illinois | 1 | $ 215,000 | $ 215,000 | $ 71,000 |
| Lake County Illinois | 1 | $ 380,000 | $ 380,000 | $ 136,000 |
| Tazewell County Illinois | 1 | $ 221,000 | $ 221,000 | $ 58,000 |
| Whiteside County Illinois | 1 | $ 56,000 | $ 56,000 | $ 12,000 |
| Will County Illinois | 1 | $ 210,000 | $ 210,000 | $ 90,000 |
| Wicomico County Maryland | 1 | $ 249,000 | $ 249,000 | $ 118,000 |
| Allegan County Michigan | 1 | $ 417,000 | $ 417,000 | $ 381,000 |
| Ottawa County Michigan | 1 | $ 101,000 | $ 101,000 | $ 30,000 |
| Sussex County New Jersey | 1 | $ 122,000 | $ 122,000 | $ 42,000 |
| Davidson County North Carolina | 1 | $ 110,000 | $ 110,000 | $ 92,000 |
| Carroll County Ohio | 1 | $ 196,000 | $ 196,000 | $ 66,000 |
| Montgomery County Ohio | 1 | $ 162,000 | $ 162,000 | $ 72,000 |
| Allegheny County Pennsylvania | 1 | $ 140,000 | $ 140,000 | $ 89,000 |
| Dauphin County Pennsylvania | 1 | $ 158,000 | $ 158,000 | $ 73,000 |
| Dorchester County South Carolina | 1 | $ 103,000 | $ 103,000 | $ 30,000 |
| Lexington County South Carolina | 1 | $ 413,000 | $ 413,000 | $ 77,000 |
| Brazoria County Texas | 1 | $ 197,000 | $ 197,000 | $ 42,000 |
| Collin County Texas | 1 | $ 367,000 | $ 367,000 | $ 117,000 |
| Fort Bend County Texas | 1 | $ 169,000 | $ 169,000 | $ 48,000 |
| Starr County Texas | 1 | $ 149,000 | $ 149,000 | $ 87,000 |
| Tarrant County Texas | 1 | $ 190,000 | $ 190,000 | $ 102,000 |
Mortgage Loan Application Detail Totals for Arcola Homestead Savings Bank in 2009
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 | 50 | $10,452,000 | $209,000 | $910,000 | $71,000 | $188,000 |
| Home Purchase | 40 | $7,319,000 | $182,000 | $417,000 | $72,000 | $381,000 |
| 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 | 41 | $9,248,000 | $225,000 | $910,000 | $82,000 | $381,000 |
| Black or African American | 22 | $2,790,000 | $126,000 | $339,000 | $55,000 | $118,000 |
| Not Provided | 20 | $3,897,000 | $194,000 | $471,000 | $61,000 | $117,000 |
| Hispanic | 4 | $877,000 | $219,000 | $349,000 | $72,000 | $134,000 |
| Asian | 2 | $544,000 | $272,000 | $295,000 | $89,000 | $118,000 |
| American Indian or Alaskan Native | 1 | $415,000 | $415,000 | $415,000 | $188,000 | $188,000 |
| 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 50 | $7,465,000 | $149,000 | $411,000 | $57,000 | $134,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 35 | $9,244,000 | $264,000 | $910,000 | $92,000 | $381,000 |
| VA-guaranteed (Veterans Administration) | 5 | $1,062,000 | $212,000 | $358,000 | $72,000 | $126,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Withdrawn By Applicant | 34 | $6,054,000 | $178,000 | $471,000 | $73,000 | $381,000 |
| Loan Originated | 25 | $5,214,000 | $208,000 | $411,000 | $74,000 | $145,000 |
| Application Denied By Financial Institution | 16 | $3,728,000 | $233,000 | $910,000 | $75,000 | $148,000 |
| File Closed For Incompleteness | 15 | $2,775,000 | $185,000 | $380,000 | $58,000 | $136,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 3 | $289,000 | $96,000 | $159,000 | $56,000 | $118,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $468,000 | $234,000 | $296,000 | $51,000 | $58,000 |
| Mortgage Insurance Denied | 2 | $401,000 | $200,000 | $333,000 | $92,000 | $148,000 |
| Other | 2 | $1,268,000 | $634,000 | $910,000 | $123,000 | $130,000 |
| Unverifiable Information | 2 | $628,000 | $314,000 | $349,000 | $115,000 | $134,000 |
| Credit History | 2 | $259,000 | $129,000 | $158,000 | $51,000 | $73,000 |
| Employment History | 1 | $69,000 | $69,000 | $69,000 | $39,000 | $39,000 |
| Collateral | 1 | $204,000 | $204,000 | $204,000 | $64,000 | $64,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Arcola Homestead Savings Bank's 2009 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 Arcola Homestead Savings Bank'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.