BMO Harris Bank NA Mortgage Lending & HMDA Data, 2011

In 2011, BMO Harris Bank NA of Chicago, IL reported 13,292 mortgage applications totaling $2.8 billion. The average application was for $208,233, and applicants reported an average income of $134,990. 56% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Chicago-Joliet-Naperville, IL (7,921), Milwaukee-Waukesha-West Allis, WI (878) and Lake County-Kenosha County, IL-WI (739) (applications in parentheses).

Mortgage Company & Address BMO Harris Bank NA
111 W. Monroe
Chicago, IL 60606
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  
Total Number of Mortgage Applications 13,292
Total Mortgage Loan Application Amount $2,767,837,000
Average Mortgage Loan Application Amount $208,233
Highest Mortgage Loan Application Amount $8,263,000
Average Applicant Income $134,990
Highest Applicant Income $9,644,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records BMO Harris Bank NA filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Totals for BMO Harris Bank NA by Metropolitan Area in 2011

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Chicago-Joliet-Naperville, IL 7,921 $ 1,586,949,000 $ 200,347 $ 124,000
Milwaukee-Waukesha-West Allis, WI 878 $ 125,125,000 $ 142,511 $ 95,000
Lake County-Kenosha County, IL-WI 739 $ 222,113,000 $ 300,558 $ 161,974
Rockford, IL 470 $ 47,643,000 $ 101,368 $ 71,000
Gary, IN 421 $ 67,463,000 $ 160,244 $ 89,000
Indianapolis-Carmel, IN 264 $ 40,643,000 $ 153,950 $ 112,000
Phoenix-Mesa-Glendale, AZ 250 $ 104,494,000 $ 417,976 $ 247,000
Kokomo, IN 157 $ 15,042,000 $ 95,808 $ 61,000
Madison, WI 109 $ 17,378,000 $ 159,431 $ 96,000
Sheboygan, WI 82 $ 9,680,000 $ 118,048 $ 77,000
Terre Haute, IN 78 $ 5,927,000 $ 75,987 $ 64,000
Naples-Marco Island, FL 63 $ 36,489,000 $ 579,190 $ 419,000
North Port-Bradenton-Sarasota, FL 59 $ 21,705,000 $ 367,881 $ 282,000
Green Bay, WI 52 $ 4,650,000 $ 89,423 $ 66,000
Seattle-Bellevue-Everett, WA 48 $ 30,908,000 $ 643,916 $ 280,000
West Palm Beach-Boca Raton-Boynton Beach, FL 35 $ 17,697,000 $ 505,628 $ 454,000
Cape Coral-Fort Myers, FL 33 $ 7,771,000 $ 235,484 $ 358,000
Tucson, AZ 33 $ 9,976,000 $ 302,303 $ 189,000
Kankakee-Bradley, IL 26 $ 3,473,000 $ 133,576 $ 65,000
La Crosse, WI-MN 22 $ 2,897,000 $ 131,681 $ 59,000
Racine, WI 22 $ 3,469,000 $ 157,681 $ 86,000
Los Angeles-Long Beach-Glendale, CA 20 $ 13,968,000 $ 698,400 $ 306,000
Michigan City-La Porte, IN 19 $ 4,323,000 $ 227,526 $ 432,000
Niles-Benton Harbor, MI 18 $ 7,548,000 $ 419,333 $ 520,000
Sebastian-Vero Beach, FL 18 $ 7,517,000 $ 417,611 $ 188,000
Tampa-St. Petersburg-Clearwater, FL 18 $ 3,736,000 $ 207,555 $ 208,000
New York-White Plains-Wayne, NY-NJ 16 $ 9,841,000 $ 615,062 $ 2,254,875
Riverside-San Bernardino-Ontario, CA 15 $ 8,010,000 $ 534,000 $ 300,000
Minneapolis-St. Paul-Bloomington, MN-WI 12 $ 3,171,000 $ 264,250 $ 177,666
Bloomington, IN 11 $ 1,289,000 $ 117,181 $ 65,000
Janesville, WI 11 $ 885,000 $ 80,454 $ 51,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 10 $ 4,143,000 $ 414,300 $ 292,000
Las Vegas-Paradise, NV 10 $ 1,269,000 $ 126,900 $ 113,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 10 $ 6,164,000 $ 616,400 $ 239,100
Peoria, IL 9 $ 1,887,000 $ 209,666 $ 76,000
South Bend-Mishawaka, IN-MI 9 $ 2,409,000 $ 267,666 $ 195,555
Houston-Sugar Land-Baytown, TX 8 $ 1,752,000 $ 219,000 $ 160,000
Prescott, AZ 8 $ 3,741,000 $ 467,625 $ 193,000
Anderson, IN 7 $ 387,000 $ 55,285 $ 61,000
Boston-Quincy, MA 7 $ 3,719,000 $ 531,285 $ 2,655,000
Denver-Aurora-Broomfield, CO 7 $ 2,873,000 $ 410,428 $ 127,000
Flagstaff, AZ 7 $ 5,051,000 $ 721,571 $ 350,000
Orlando-Kissimmee-Sanford, FL 7 $ 641,000 $ 91,571 $ 180,000
Port St. Lucie, FL 7 $ 2,711,000 $ 387,285 $ 771,000
Austin-Round Rock-San Marcos, TX 6 $ 1,022,000 $ 170,333 $ 77,000
Bridgeport-Stamford-Norwalk, CT 6 $ 5,960,000 $ 993,333 $ 526,000
Miami-Miami Beach-Kendall, FL 6 $ 5,332,000 $ 888,666 $ 2,753,000
St. Louis, MO-IL 6 $ 2,662,000 $ 443,666 $ 177,000
Bloomington-Normal, IL 5 $ 555,000 $ 111,000 $ 122,000
Charleston-North Charleston-Summerville, SC 5 $ 7,343,000 $ 1,468,600 $ 758,000
Lafayette, IN 5 $ 643,000 $ 128,600 $ 79,000
Salt Lake City, UT 5 $ 4,423,000 $ 884,600 $ 357,000
San Francisco-San Mateo-Redwood City, CA 5 $ 5,822,000 $ 1,164,400 $ 2,143,000
Appleton, WI 4 $ 676,000 $ 169,000 $ 63,000
Dallas-Plano-Irving, TX 4 $ 1,248,000 $ 312,000 $ 229,000
Fond Du Lac, WI 4 $ 563,000 $ 140,750 $ 79,000
Kansas City, MO-KS 4 $ 488,000 $ 122,000 $ 71,000
Oakland-Fremont-Hayward, CA 4 $ 5,240,000 $ 1,310,000 $ 759,000
Oshkosh-Neenah, WI 4 $ 686,000 $ 171,500 $ 65,000
Philadelphia, PA 4 $ 1,344,000 $ 336,000 $ 114,000
San Diego-Carlsbad-San Marcos, CA 4 $ 5,378,000 $ 1,344,500 $ 820,000
Santa Ana-Anaheim-Irvine, CA 4 $ 3,992,000 $ 998,000 $ 399,000
Asheville, NC 3 $ 858,000 $ 286,000 $ 306,000
Atlanta-Sandy Springs-Marietta, GA 3 $ 1,005,000 $ 335,000 $ 102,000
Boulder, CO 3 $ 2,815,000 $ 938,333 $ 392,000
Dayton, OH 3 $ 513,000 $ 171,000 $ 277,000
El Paso, TX 3 $ 790,000 $ 263,333 $ 139,000
Jacksonville, FL 3 $ 592,000 $ 197,333 $ 235,000
Kalamazoo-Portage, MI 3 $ 398,000 $ 132,666 $ 318,000
Lakeland-Winter Haven, FL 3 $ 267,000 $ 89,000 $ 41,000
Nassau-Suffolk, NY 3 $ 2,380,000 $ 793,333 $ 296,000
New Orleans-Metairie-Kenner, LA 3 $ 1,476,000 $ 492,000 $ 313,000
Oxnard-Thousand Oaks-Ventura, CA 3 $ 1,264,000 $ 421,333 $ 559,000
Portland-Vancouver-Hillsboro, OR-WA 3 $ 1,683,000 $ 561,000 $ 924,333
Punta Gorda, FL 3 $ 377,000 $ 125,666 $ 107,000
Tulsa, OK 3 $ 762,000 $ 254,000 $ 144,000
Albuquerque, NM 2 $ 330,000 $ 165,000 $ 82,000
Anchorage, AK 2 $ 619,000 $ 309,500 $ 313,000
Baltimore-Towson, MD 2 $ 451,000 $ 225,500 $ 81,000
Bethesda-Rockville-Frederick, MD 2 $ 512,000 $ 256,000 $ 32,000
Bremerton-Silverdale, WA 2 $ 733,000 $ 366,500 $ 427,000
Burlington-South Burlington, VT 2 $ 428,000 $ 214,000 $ 140,000
Charlotte-Gastonia-Rock Hill, NC-SC 2 $ 690,000 $ 345,000 $ 282,000
Clarksville, TN-KY 2 $ 110,000 $ 55,000 $ 68,000
Coeur D'Alene, ID 2 $ 1,555,000 $ 777,500 $ 204,000
Des Moines-West Des Moines, IA 2 $ 475,000 $ 237,500 $ 208,000
Eau Claire, WI 2 $ 701,000 $ 350,500 $ 145,000
Fort Collins-Loveland, CO 2 $ 299,000 $ 149,500 $ 110,000
Las Cruces, NM 2 $ 464,000 $ 232,000 $ 153,000
Louisville-Jefferson County, KY-IN 2 $ 425,000 $ 212,500 $ 246,000
Modesto, CA 2 $ 1,508,000 $ 754,000 $ 378,000
Portland-South Portland-Biddeford, ME 2 $ 2,917,000 $ 1,458,500 $ 139,000
Richmond, VA 2 $ 1,663,000 $ 831,500 $ 907,000
Rochester, MN 2 $ 991,000 $ 495,500 $ 113,000
Rockingham County-Strafford County, NH 2 $ 627,000 $ 313,500 $ 146,000
Sacramento--Arden-Arcade--Roseville, CA 2 $ 380,000 $ 190,000 $ 645,000
San Antonio-New Braunfels, TX 2 $ 151,000 $ 75,500 $ 38,000
Santa Barbara-Santa Maria-Goleta, CA 2 $ 2,000,000 $ 1,000,000 $ 169,000
Santa Rosa-Petaluma, CA 2 $ 1,149,000 $ 574,500 $ 217,000
Tallahassee, FL 2 $ 184,000 $ 92,000 $ 165,000
Wausau, WI 2 $ 395,000 $ 197,500 $ 225,000
Wilmington, NC 2 $ 865,000 $ 432,500 $ 274,000
Ames, IA 1 $ 300,000 $ 300,000 $ 118,000
Barnstable Town, MA 1 $ 600,000 $ 600,000 $ 292,000
Bend, OR 1 $ 1,000,000 $ 1,000,000 $ 0
Champaign-Urbana, IL 1 $ 116,000 $ 116,000 $ 103,000
Chattanooga, TN-GA 1 $ 74,000 $ 74,000 $ 89,000
Colorado Springs, CO 1 $ 168,000 $ 168,000 $ 184,000
Columbia, SC 1 $ 294,000 $ 294,000 $ 115,000
Davenport-Moline-Rock Island, IA-IL 1 $ 82,000 $ 82,000 $ 60,000
Deltona-Daytona Beach-Ormond Beach, FL 1 $ 161,000 $ 161,000 $ 172,000
Detroit-Livonia-Dearborn, MI 1 $ 50,000 $ 50,000 $ 94,000
Dubuque, IA 1 $ 70,000 $ 70,000 $ 100,000
Duluth, MN-WI 1 $ 417,000 $ 417,000 $ 128,000
Edison-New Brunswick, NJ 1 $ 417,000 $ 417,000 $ 149,000
Elkhart-Goshen, IN 1 $ 174,000 $ 174,000 $ 36,000
Erie, PA 1 $ 259,000 $ 259,000 $ 170,000
Evansville, IN-KY 1 $ 94,000 $ 94,000 $ 26,000
Fort Smith, AR-OK 1 $ 50,000 $ 50,000 $ 32,000
Fort Wayne, IN 1 $ 65,000 $ 65,000 $ 80,000
Fort Worth-Arlington, TX 1 $ 80,000 $ 80,000 $ 37,000
Grand Forks, ND-MN 1 $ 35,000 $ 35,000 $ 111,000
Greenville-Mauldin-Easley, SC 1 $ 49,000 $ 49,000 $ 99,000
Holland-Grand Haven, MI 1 $ 417,000 $ 417,000 $ 99,000
Honolulu, HI 1 $ 204,000 $ 204,000 $ 196,000
Iowa City, IA 1 $ 65,000 $ 65,000 $ 137,000
Joplin, MO 1 $ 24,000 $ 24,000 $ 21,000
Kennewick-Pasco-Richland, WA 1 $ 174,000 $ 174,000 $ 70,000
Knoxville, TN 1 $ 229,000 $ 229,000 $ 527,000
Lansing-East Lansing, MI 1 $ 99,000 $ 99,000 $ 81,000
Memphis, TN-MS-AR 1 $ 193,000 $ 193,000 $ 132,000
Missoula, MT 1 $ 215,000 $ 215,000 $ 60,000
Muncie, IN 1 $ 60,000 $ 60,000 $ 59,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 530,000 $ 530,000 $ 556,000
Newark-Union, NJ-PA 1 $ 1,480,000 $ 1,480,000 $ 400,000
Omaha-Council Bluffs, NE-IA 1 $ 400,000 $ 400,000 $ 450,000
Palm Bay-Melbourne-Titusville, FL 1 $ 185,000 $ 185,000 $ 83,000
Palm Coast, FL 1 $ 930,000 $ 930,000 $ 198,000
Poughkeepsie-Newburgh-Middletown, NY 1 $ 718,000 $ 718,000 $ 1,030,000
Provo-Orem, UT 1 $ 245,000 $ 245,000 $ 300,000
Raleigh-Cary, NC 1 $ 130,000 $ 130,000 $ 44,000
San Jose-Sunnyvale-Santa Clara, CA 1 $ 920,000 $ 920,000 $ 275,000
Sandusky, OH 1 $ 563,000 $ 563,000 $ 80,000
Santa Fe, NM 1 $ 784,000 $ 784,000 $ 514,000
Springfield, IL 1 $ 76,000 $ 76,000 $ 149,000
Springfield, MA 1 $ 860,000 $ 860,000 $ 410,000
Springfield, MO 1 $ 81,000 $ 81,000 $ 41,000
Virginia Beach-Norfolk-Newport News, VA-NC 1 $ 75,000 $ 75,000 $ 60,000
Wenatchee-East Wenatchee, WA 1 $ 338,000 $ 338,000 $ 290,000
Wilmington, DE-MD-NJ 1 $ 1,000,000 $ 1,000,000 $ 500,000

Mortgage Loan Application Detail Totals for BMO Harris Bank NA in 2011

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 10,676 $2,236,900,000 $209,000 $8,263,000 $135,000 $8,000,000
Home Purchase 2,298 $506,916,000 $220,000 $5,000,000 $142,000 $9,644,000
Home Improvement 318 $24,021,000 $75,000 $1,150,000 $84,000 $1,262,000

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 9,088 $1,754,997,000 $193,000 $6,157,000 $127,000 $8,000,000
Not Provided 2,221 $704,831,000 $317,000 $4,500,000 $218,000 $9,644,000
Hispanic 1,018 $123,547,000 $121,000 $1,500,000 $70,000 $3,820,000
Black or African American 454 $55,879,000 $123,000 $868,000 $70,000 $616,000
Asian 399 $93,910,000 $235,000 $2,100,000 $143,000 $2,755,000
Not applicable 79 $27,485,000 $347,000 $8,263,000 $0 $0
American Indian or Alaskan Native 19 $4,549,000 $239,000 $1,000,000 $86,000 $236,000
Native Hawaiian or Other Pacific Islander 14 $2,639,000 $188,000 $417,000 $102,000 $275,000

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) 12,621 $2,677,374,000 $212,000 $8,263,000 $139,000 $9,644,000
FHA-insured (Federal Housing Administration) 671 $90,463,000 $134,000 $581,000 $58,000 $305,000
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
Loan Originated 7,439 $1,527,488,000 $205,000 $8,263,000 $147,000 $7,572,000
Application Denied By Financial Institution 2,310 $439,013,000 $190,000 $4,800,000 $97,000 $8,000,000
Application Withdrawn By Applicant 1,982 $482,393,000 $243,000 $4,500,000 $143,000 $9,644,000
File Closed For Incompleteness 712 $163,029,000 $228,000 $1,610,000 $156,000 $7,572,000
Application Approved But Not Accepted 430 $91,182,000 $212,000 $3,000,000 $151,000 $2,755,000
Preapproval Denied by Financial Institution 360 $51,916,000 $144,000 $1,300,000 $63,000 $931,000
Loan Purchased By The Institution 59 $12,816,000 $217,000 $417,000 $0 $0
Preapproval Approved but not Accepted 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
Collateral 926 $186,274,000 $201,000 $4,800,000 $116,000 $2,273,000
Debt-To-Income Ratio 918 $179,491,000 $195,000 $2,893,000 $64,000 $814,000
Credit History 512 $71,755,000 $140,000 $3,675,000 $78,000 $948,000
Other 114 $16,254,000 $142,000 $999,000 $103,000 $911,000
Unverifiable Information 75 $15,769,000 $210,000 $1,810,000 $223,000 $8,000,000
Insufficient Cash (Downpayment, Closing Cost) 57 $11,118,000 $195,000 $1,680,000 $86,000 $635,000
Employment History 48 $6,474,000 $134,000 $417,000 $79,000 $688,000
Credit Application Incomplete 19 $3,760,000 $197,000 $642,000 $273,000 $3,471,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into BMO Harris Bank NA's 2011 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 BMO Harris Bank NA'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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