Belmont Bank & Trust Company Mortgage Lending & HMDA Data, 2015
In 2015, Belmont Bank & Trust Company of Chicago, IL reported 59 mortgage applications totaling $26.3 million, up 146% from 2014. The average application was for $445,813, and applicants reported an average income of $92,949. 80% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Chicago-Naperville-Arlington Heights, IL (57), Gary, IN (1) and Niles-Benton Harbor, MI (1) (applications in parentheses).
| Mortgage Company & Address | Belmont Bank & Trust Company 8250 W Belmont Ave Chicago, IL 60634 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 |
| Total Number of Mortgage Applications | 59 |
| Total Mortgage Loan Application Amount | $26,303,000 |
| Average Mortgage Loan Application Amount | $445,813 |
| Highest Mortgage Loan Application Amount | $1,900,000 |
| Average Applicant Income | $92,949 |
| Highest Applicant Income | $1,338,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Belmont Bank & Trust Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cook, Illinois | 55 | $ 24,348,000 | $ 442,690 | $ 90,000 |
| DuPage, Illinois | 2 | $ 630,000 | $ 315,000 | $ 158,000 |
| Porter, Indiana | 1 | $ 325,000 | $ 325,000 | $ 249,000 |
| Berrien, Michigan | 1 | $ 1,000,000 | $ 1,000,000 | $ 0 |
Mortgage Loan Application Detail Totals for Belmont Bank & Trust Company in 2015
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 | 33 | $14,756,000 | $447,000 | $1,900,000 | $68,000 | $1,338,000 |
| Home Purchase | 24 | $10,409,000 | $433,000 | $1,271,000 | $135,000 | $1,113,000 |
| Home Improvement | 2 | $1,138,000 | $569,000 | $788,000 | $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 |
|---|---|---|---|---|---|---|
| Not applicable | 34 | $16,489,000 | $484,000 | $1,900,000 | $0 | $0 |
| White | 15 | $7,570,000 | $504,000 | $1,450,000 | $280,000 | $1,338,000 |
| Hispanic | 9 | $2,146,000 | $238,000 | $527,000 | $138,000 | $295,000 |
| Not Provided | 1 | $98,000 | $98,000 | $98,000 | $56,000 | $56,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 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) | 59 | $26,303,000 | $445,000 | $1,900,000 | $93,000 | $1,338,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 47 | $15,615,000 | $332,000 | $1,271,000 | $110,000 | $1,338,000 |
| Application Approved But Not Accepted | 9 | $8,918,000 | $990,000 | $1,900,000 | $19,000 | $172,000 |
| Application Denied By Financial Institution | 3 | $1,770,000 | $590,000 | $1,475,000 | $56,000 | $130,000 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 | 2 | $295,000 | $147,000 | $175,000 | $84,000 | $130,000 |
| Credit History | 1 | $1,475,000 | $1,475,000 | $1,475,000 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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 Belmont Bank & Trust Company's 2015 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 Belmont Bank & Trust Company'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