Bridgeview Bank Group Mortgage Lending & HMDA Data, 2007

In 2007, Bridgeview Bank Group of Bridgeview, IL reported 277 mortgage applications totaling $120.1 million, down 4% from 2006. The average application was for $433,444, and applicants reported an average income of $83,783. 78% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Chicago-Naperville-Joliet, IL (264), Lake County-Kenosha County, IL-WI (7) and Grand Junction, CO (1) (applications in parentheses).

Mortgage Company & Address Bridgeview Bank Group
7940 S Harlem
Bridgeview, IL 60455
Tel #: available with data download
Federal Regulator * available with data download
Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 277
Total Mortgage Loan Application Amount $120,064,000
Average Mortgage Loan Application Amount $433,444
Highest Mortgage Loan Application Amount $9,392,000
Average Applicant Income $83,783
Highest Applicant Income $899,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bridgeview Bank Group filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Bridgeview Bank Group in 2007

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 Improvement 160 $30,791,000 $192,000 $2,660,000 $88,000 $800,000
Home Purchase 76 $50,077,000 $658,000 $9,392,000 $105,000 $829,000
Refinancing 41 $39,196,000 $956,000 $2,875,000 $28,000 $899,000

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 116 $15,013,000 $129,000 $1,125,000 $134,000 $899,000
Not applicable 100 $96,519,000 $965,000 $9,392,000 $9,000 $271,000
Hispanic 22 $4,253,000 $193,000 $2,660,000 $122,000 $800,000
Asian 19 $1,945,000 $102,000 $330,000 $103,000 $277,000
Black or African American 13 $1,665,000 $128,000 $425,000 $88,000 $276,000
Not Provided 6 $639,000 $106,000 $250,000 $155,000 $384,000
Native Hawaiian or Other Pacific Islander 1 $30,000 $30,000 $30,000 $70,000 $70,000
American Indian or Alaskan Native 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) 277 $120,064,000 $433,000 $9,392,000 $84,000 $899,000
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 216 $111,630,000 $516,000 $9,392,000 $71,000 $899,000
Application Denied By Financial Institution 51 $6,894,000 $135,000 $2,660,000 $137,000 $800,000
Application Approved But Not Accepted 10 $1,540,000 $154,000 $856,000 $95,000 $329,000
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 20 $4,242,000 $212,000 $2,660,000 $123,000 $800,000
Credit History 16 $757,000 $47,000 $150,000 $67,000 $276,000
Collateral 7 $1,035,000 $147,000 $375,000 $260,000 $624,000
Unverifiable Information 5 $482,000 $96,000 $250,000 $219,000 $384,000
Credit Application Incomplete 1 $50,000 $50,000 $50,000 $0 $0
Other 1 $313,000 $313,000 $313,000 $480,000 $480,000
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bridgeview Bank Group's 2007 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 Bridgeview Bank Group'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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