Blackhawk Bank & Trust Mortgage Lending & HMDA Data, 2018
In 2018, Blackhawk Bank & Trust of Milan, IL reported 350 mortgage applications totaling $66.2 million, down 30% from 2017. The average application was for $189,200, and applicants reported an average income of $85,525. 67% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Davenport-Moline-Rock Island, IA-IL (332) and Atlanta-Sandy Springs-Roswell, GA (1).
| Mortgage Company & Address | Blackhawk Bank & Trust 301 4th Street West Milan, IL 61264 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 350 |
| Total Mortgage Loan Application Amount | $66,220,000 |
| Average Mortgage Loan Application Amount | $189,200 |
| Highest Mortgage Loan Application Amount | $17,375,000 |
| Average Applicant Income | $85,525 |
| Highest Applicant Income | $1,263,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Blackhawk Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Blackhawk Bank & Trust in 2018
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 | 178 | $44,810,000 | $251,000 | $17,375,000 | $90,000 | $1,263,000 |
| Refinancing | 82 | $12,500,000 | $152,000 | $1,325,000 | $87,000 | $376,000 |
| Cash-out Refinancing | 75 | $8,175,000 | $109,000 | $865,000 | $79,000 | $532,000 |
| Home Improvement | 10 | $620,000 | $62,000 | $245,000 | $55,000 | $117,000 |
| Other Purpose | 5 | $115,000 | $23,000 | $25,000 | $61,000 | $117,000 |
| Not Applicable | 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 | 241 | $29,915,000 | $124,000 | $2,005,000 | $89,000 | $1,263,000 |
| Not applicable | 75 | $33,135,000 | $441,000 | $17,375,000 | $0 | $0 |
| Hispanic | 13 | $1,015,000 | $78,000 | $155,000 | $62,000 | $157,000 |
| Black or African American | 10 | $770,000 | $77,000 | $165,000 | $72,000 | $103,000 |
| Not Provided | 5 | $425,000 | $85,000 | $165,000 | $46,000 | $56,000 |
| Asian | 4 | $880,000 | $220,000 | $295,000 | $66,000 | $94,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 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) | 350 | $66,220,000 | $189,000 | $17,375,000 | $86,000 | $1,263,000 |
| 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 | 233 | $32,895,000 | $141,000 | $2,555,000 | $85,000 | $532,000 |
| Application Denied By Financial Institution | 57 | $23,865,000 | $418,000 | $17,375,000 | $65,000 | $215,000 |
| Application Withdrawn By Applicant | 43 | $5,805,000 | $135,000 | $455,000 | $80,000 | $228,000 |
| Application Approved But Not Accepted | 17 | $3,655,000 | $215,000 | $2,005,000 | $202,000 | $1,263,000 |
| 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 | 350 | $66,220,000 | $189,000 | $17,375,000 | $86,000 | $1,263,000 |
| 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 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 Blackhawk Bank & Trust's 2018 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 Blackhawk Bank & Trust'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.
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