Delaware Place Bank Mortgage Lending & HMDA Data, 2003

In 2003, Delaware Place Bank of Chicago, IL reported 18 mortgage applications totaling $12.1 million. The average application was for $672,277, and applicants reported an average income of $0. 94% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Chicago, IL (17) and Gary, IN (1).

Mortgage Company & Address Delaware Place Bank
190 E Delaware Place
Chicago, IL 60611
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 18
Total Mortgage Loan Application Amount $12,101,000
Average Mortgage Loan Application Amount $672,277
Highest Mortgage Loan Application Amount $2,280,000
Average Applicant Income $0
Highest Applicant Income $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Delaware Place Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Delaware Place Bank in 2003

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
Multifamily dwelling (home purchase, home improvement, and refinancings) 15 $11,526,000 $1,470,000 $2,280,000 $0 $0
Refinancing (home purchase or home improvement, one-to-four family) 3 $575,000 $191,000 $274,000 $0 $0
Home Improvement (one-to-four family) 0 $0 $0 $0 $0 $0
Home Purchase (one-to-four family) 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
Not applicable 9 $8,043,000 $1,500,000 $2,280,000 $0 $0
White 5 $2,967,000 $593,000 $875,000 $0 $0
Black 3 $873,000 $291,000 $500,000 $0 $0
Hispanic 1 $218,000 $218,000 $218,000 $0 $0
Information not provided by applicant in mail or telephone application 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian or Pacific Islander 0 $0 $0 $0 $0 $0
Other 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) 18 $12,101,000 $1,428,500 $2,280,000 $0 $0
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 17 $11,865,000 $1,439,500 $2,280,000 $0 $0
Application Denied By Financial Institution 1 $236,000 $236,000 $236,000 $0 $0
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
Application 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 1 $236,000 $236,000 $236,000 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 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 Delaware Place Bank's 2003 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 Delaware Place Bank'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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