Community Banc Mortgage LLC Mortgage Lending & HMDA Data, 2004
In 2004, Community Banc Mortgage LLC of Aurora, IL reported 892 mortgage applications totaling $183.4 million, down 47% from 2003. The average application was for $205,567, and applicants reported an average income of $85,205. 25% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Chicago-Naperville-Joliet, IL (649), Lake County-Kenosha County, IL-WI (20) and Rockford, IL (6) (applications in parentheses).
| Mortgage Company & Address | Community Banc Mortgage LLC 3055 Weber Drive Aurora, IL 60502 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2005 2004 2003 |
| Total Number of Mortgage Applications | 892 |
| Total Mortgage Loan Application Amount | $183,366,000 |
| Average Mortgage Loan Application Amount | $205,567 |
| Highest Mortgage Loan Application Amount | $2,000,000 |
| Average Applicant Income | $85,205 |
| Highest Applicant Income | $3,121,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Community Banc Mortgage LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
Mortgage Loan Application Detail Totals for Community Banc Mortgage LLC in 2004
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 | 491 | $95,261,000 | $170,444 | $1,400,000 | $74,888 | $500,000 |
| Refinancing | 378 | $84,683,000 | $220,111 | $2,000,000 | $96,000 | $3,121,000 |
| Home Improvement | 23 | $3,422,000 | $148,000 | $305,000 | $61,000 | $144,000 |
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 | 654 | $134,893,000 | $196,928 | $2,000,000 | $79,785 | $3,121,000 |
| Not Provided | 118 | $24,850,000 | $203,250 | $1,400,000 | $85,750 | $269,000 |
| Black or African American | 50 | $9,244,000 | $184,500 | $1,100,000 | $69,000 | $195,000 |
| Hispanic | 40 | $6,889,000 | $168,000 | $334,000 | $59,000 | $200,000 |
| Asian | 13 | $3,374,000 | $206,500 | $570,000 | $63,500 | $217,000 |
| Not applicable | 11 | $2,653,000 | $237,000 | $780,000 | $68,500 | $196,000 |
| American Indian or Alaskan Native | 5 | $1,263,000 | $252,000 | $544,000 | $107,000 | $248,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $200,000 | $200,000 | $200,000 | $57,000 | $57,000 |
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) | 892 | $183,366,000 | $199,785 | $2,000,000 | $80,000 | $3,121,000 |
| 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 Purchased By The Institution | 298 | $56,011,000 | $208,444 | $878,000 | $88,222 | $464,000 |
| Loan Originated | 220 | $42,284,000 | $179,333 | $2,000,000 | $108,000 | $3,121,000 |
| Application Denied By Financial Institution | 102 | $24,824,000 | $206,500 | $1,315,000 | $54,500 | $426,000 |
| Preapproval Approved but not Accepted | 102 | $19,612,000 | $192,000 | $450,000 | $69,000 | $275,000 |
| Preapproval Denied by Financial Institution | 72 | $15,403,000 | $213,000 | $1,400,000 | $50,000 | $184,000 |
| Application Approved But Not Accepted | 59 | $14,050,000 | $190,500 | $737,000 | $76,750 | $473,000 |
| Application Withdrawn By Applicant | 32 | $9,587,000 | $224,000 | $1,000,000 | $97,333 | $594,000 |
| File Closed For Incompleteness | 7 | $1,595,000 | $227,000 | $450,000 | $89,000 | $269,000 |
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 | 75 | $18,827,000 | $235,666 | $1,400,000 | $60,000 | $360,000 |
| Credit History | 61 | $12,432,000 | $192,500 | $600,000 | $54,250 | $312,000 |
| Other | 13 | $2,298,000 | $173,500 | $325,000 | $59,000 | $142,000 |
| Employment History | 8 | $2,432,000 | $303,500 | $1,315,000 | $96,000 | $426,000 |
| Collateral | 6 | $879,000 | $146,000 | $334,000 | $71,000 | $229,000 |
| Credit Application Incomplete | 6 | $1,486,000 | $247,000 | $450,000 | $42,000 | $120,000 |
| Unverifiable Information | 4 | $989,000 | $232,500 | $450,000 | $10,000 | $60,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $884,000 | $884,000 | $884,000 | $250,000 | $250,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Community Banc Mortgage LLC's 2004 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 Community Banc Mortgage 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.
For a list of all lenders in Illinois, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About