Blueleaf Lending, LLC Mortgage Lending & HMDA Data, 2022

In 2022, Blueleaf Lending, LLC of Chicago, IL reported 1,304 mortgage applications totaling $469.5 million, down 76% from 2021. The average application was for $360,069, and applicants reported an average income of $169,150. 73% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Chicago-Naperville, IL (785), Elgin, IL (84) and Lake County-Kenosha County, IL-WI (48) (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 2022  2021  2020  2019  2018  2017  
Total Number of Mortgage Applications 1,304
Total Mortgage Loan Application Amount $469,530,000
Average Mortgage Loan Application Amount $360,069
Highest Mortgage Loan Application Amount $3,005,000
Average Applicant Income $169,150
Highest Applicant Income $1,714,000

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(HMDA) records Blueleaf Lending, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2022

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 946 $360,050,000 $380,000 $3,005,000 $177,000 $1,714,000
Cash-out Refinancing 192 $58,790,000 $306,000 $1,415,000 $140,000 $615,000
Refinancing 164 $48,080,000 $293,000 $905,000 $158,000 $1,133,000
Not Applicable 2 $2,610,000 $1,305,000 $1,995,000 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
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 882 $329,860,000 $373,000 $3,005,000 $181,000 $1,714,000
Not Provided 144 $50,510,000 $350,000 $2,325,000 $159,000 $904,000
Hispanic 142 $38,960,000 $274,000 $1,035,000 $114,000 $600,000
Asian 83 $34,705,000 $418,000 $1,055,000 $198,000 $863,000
Black or African American 50 $12,610,000 $252,000 $685,000 $110,000 $450,000
Not applicable 2 $2,610,000 $1,305,000 $1,995,000 $0 $0
American Indian or Alaskan Native 1 $275,000 $275,000 $275,000 $67,000 $67,000
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) 1,217 $442,185,000 $363,000 $3,005,000 $173,000 $1,714,000
FHA-insured (Federal Housing Administration) 71 $20,855,000 $293,000 $735,000 $99,000 $256,000
VA-guaranteed (Veterans Administration) 14 $5,560,000 $397,000 $845,000 $136,000 $437,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $930,000 $465,000 $655,000 $383,000 $710,000

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 949 $333,865,000 $351,000 $3,005,000 $163,000 $1,714,000
Application Withdrawn By Applicant 323 $127,555,000 $394,000 $2,325,000 $191,000 $1,475,000
Application Denied By Financial Institution 32 $8,110,000 $253,000 $905,000 $131,000 $1,475,000
Application Approved But Not Accepted 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
Not applicable 1,272 $461,420,000 $362,000 $3,005,000 $170,000 $1,714,000
Debt-To-Income Ratio 12 $2,750,000 $229,000 $465,000 $68,000 $144,000
Collateral 9 $2,955,000 $328,000 $905,000 $274,000 $1,475,000
Credit History 9 $2,085,000 $231,000 $355,000 $88,000 $161,000
Unverifiable Information 1 $185,000 $185,000 $185,000 $70,000 $70,000
Employment History 1 $135,000 $135,000 $135,000 $46,000 $46,000
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Blueleaf Lending, LLC's 2022 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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