Blueleaf Lending, LLC Mortgage Lending & HMDA Data, 2008

In 2008, Blueleaf Lending, LLC of Chicago, IL reported 101 mortgage applications totaling $28.9 million. The average application was for $285,792, and applicants reported an average income of $143,980. 21% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Chicago-Naperville-Joliet, IL (86), Niles-Benton Harbor, MI (5) and Lake County-Kenosha County, IL-WI (2) (applications in parentheses).

Mortgage Company & Address Blueleaf Lending, LLC
112 S Sangamon Street 2nd Floor
Chicago, IL 60607
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  2013  2012  2011  2010  2009  2008  
Total Number of Mortgage Applications 101
Total Mortgage Loan Application Amount $28,865,000
Average Mortgage Loan Application Amount $285,792
Highest Mortgage Loan Application Amount $935,000
Average Applicant Income $143,980
Highest Applicant Income $1,950,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Blueleaf Lending, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Blueleaf Lending, LLC in 2008

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 86 $24,296,000 $282,000 $935,000 $122,000 $462,000
Home Purchase 15 $4,569,000 $304,000 $900,000 $270,000 $1,950,000
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 86 $25,080,000 $291,000 $935,000 $127,000 $1,129,000
Hispanic 6 $1,544,000 $257,000 $410,000 $402,000 $1,950,000
Black or African American 5 $1,055,000 $211,000 $528,000 $197,000 $462,000
Not Provided 2 $535,000 $267,000 $385,000 $53,000 $70,000
Not applicable 1 $311,000 $311,000 $311,000 $0 $0
Asian 1 $340,000 $340,000 $340,000 $83,000 $83,000
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) 82 $23,584,000 $287,000 $935,000 $159,000 $1,950,000
FHA-insured (Federal Housing Administration) 19 $5,281,000 $277,000 $417,000 $79,000 $155,000
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
Application Withdrawn By Applicant 46 $12,334,000 $268,000 $550,000 $111,000 $421,000
Loan Originated 21 $6,556,000 $312,000 $900,000 $247,000 $1,950,000
File Closed For Incompleteness 12 $3,408,000 $284,000 $417,000 $132,000 $371,000
Application Approved But Not Accepted 11 $3,323,000 $302,000 $935,000 $164,000 $462,000
Application Denied By Financial Institution 11 $3,244,000 $294,000 $417,000 $79,000 $155,000
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
Credit History 6 $1,881,000 $313,000 $417,000 $88,000 $155,000
Debt-To-Income Ratio 4 $1,155,000 $288,000 $362,000 $62,000 $89,000
Collateral 1 $208,000 $208,000 $208,000 $93,000 $93,000
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 Blueleaf Lending, LLC's 2008 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 Blueleaf Lending, LLC'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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