Fay Financial
Mortgage Loan Application
Totals and Details
for 2016
Find mortgage loan statistics, lending data, and loan application totals for Illinois.
The mortgage statistics and data below are specific to mortgage loan applications for Fay Financial.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| Mortgage Company & Address | Fay Financial 400 S. La Salle Street, Ste 2000 Chicago, IL 60605 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 |
| Total Number of Mortgage Applications | 923 |
| Total Mortgage Loan Application Amount | $224,555,000 |
| Average Mortgage Loan Application Amount | $224,666 |
| Highest Mortgage Loan Application Amount | $1,850,000 |
| Average Applicant Income | $88,333 |
| Highest Applicant Income | $792,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in IL, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | 54 | $ 17,740,000 | $ 326,666 | $ 142,666 |
| LOS ANGELES-LONG BEACH-GLENDALE, CA | 51 | $ 22,078,000 | $ 432,000 | $ 124,000 |
| ATLANTA-SANDY SPRINGS-ROSWELL, GA | 37 | $ 7,629,000 | $ 206,000 | $ 85,000 |
| CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL | 34 | $ 6,792,000 | $ 199,000 | $ 72,000 |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX | 34 | $ 5,165,000 | $ 151,000 | $ 89,000 |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA | 31 | $ 9,816,000 | $ 316,000 | $ 100,000 |
| DALLAS-PLANO-IRVING, TX | 28 | $ 6,322,000 | $ 225,000 | $ 117,000 |
| OAKLAND-HAYWARD-BERKELEY, CA | 26 | $ 11,201,000 | $ 430,000 | $ 114,000 |
| BALTIMORE-COLUMBIA-TOWSON, MD | 22 | $ 5,150,000 | $ 234,000 | $ 100,000 |
| SEATTLE-BELLEVUE-EVERETT, WA | 18 | $ 5,567,000 | $ 309,000 | $ 88,000 |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC | 16 | $ 3,022,000 | $ 184,000 | $ 65,000 |
| ANAHEIM-SANTA ANA-IRVINE, CA | 14 | $ 7,482,000 | $ 534,000 | $ 160,000 |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA | 14 | $ 5,860,000 | $ 418,000 | $ 92,000 |
| MEMPHIS, TN-MS-AR | 13 | $ 1,509,000 | $ 117,000 | $ 52,500 |
| ST. LOUIS, MO-IL | 13 | $ 1,662,000 | $ 132,500 | $ 79,000 |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC | 13 | $ 2,479,000 | $ 190,000 | $ 64,000 |
| SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA | 12 | $ 4,310,000 | $ 359,000 | $ 102,000 |
| SAN DIEGO-CARLSBAD, CA | 12 | $ 4,785,000 | $ 398,000 | $ 121,000 |
| FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL | 11 | $ 2,649,000 | $ 240,000 | $ 86,000 |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI | 11 | $ 3,057,000 | $ 412,500 | $ 152,000 |
| RICHMOND, VA | 11 | $ 1,549,000 | $ 140,000 | $ 48,000 |
| WARREN-TROY-FARMINGTON HILLS, MI | 11 | $ 1,814,000 | $ 164,000 | $ 96,000 |
| SAN ANTONIO-NEW BRAUNFELS, TX | 10 | $ 1,532,000 | $ 153,000 | $ 66,000 |
| INDIANAPOLIS-CARMEL-ANDERSON, IN | 9 | $ 1,509,000 | $ 167,000 | $ 78,000 |
| ORLANDO-KISSIMMEE-SANFORD, FL | 9 | $ 3,183,000 | $ 353,000 | $ 84,000 |
| STOCKTON-LODI, CA | 9 | $ 2,527,000 | $ 280,000 | $ 105,000 |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 9 | $ 1,498,000 | $ 166,000 | $ 68,000 |
| FORT WORTH-ARLINGTON, TX | 8 | $ 1,396,000 | $ 174,000 | $ 137,000 |
| MIAMI-MIAMI BEACH-KENDALL, FL | 8 | $ 1,506,000 | $ 188,000 | $ 77,000 |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN | 8 | $ 1,792,000 | $ 224,000 | $ 79,000 |
| DENVER-AURORA-LAKEWOOD, CO | 7 | $ 2,016,000 | $ 288,000 | $ 184,000 |
| DETROIT-DEARBORN-LIVONIA, MI | 6 | $ 1,729,000 | $ 288,000 | $ 170,000 |
| KANSAS CITY, MO-KS | 6 | $ 1,095,000 | $ 159,000 | $ 85,000 |
| NAPLES-IMMOKALEE-MARCO ISLAND, FL | 6 | $ 2,813,000 | $ 468,000 | $ 178,000 |
| OXNARD-THOUSAND OAKS-VENTURA, CA | 6 | $ 2,227,000 | $ 371,000 | $ 122,000 |
| TACOMA-LAKEWOOD, WA | 6 | $ 1,450,000 | $ 241,000 | $ 111,000 |
| WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL | 6 | $ 3,199,000 | $ 533,000 | $ 160,000 |
| AUSTIN-ROUND ROCK, TX | 5 | $ 1,249,000 | $ 249,000 | $ 121,000 |
| CAPE CORAL-FORT MYERS, FL | 5 | $ 1,156,000 | $ 231,000 | $ 151,000 |
| COLUMBUS, OH | 5 | $ 838,000 | $ 167,000 | $ 66,000 |
| GARY, IN | 5 | $ 759,000 | $ 151,000 | $ 62,000 |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN | 5 | $ 535,000 | $ 109,000 | $ 38,000 |
| SANTA ROSA, CA | 5 | $ 2,356,000 | $ 471,000 | $ 100,000 |
| TULSA, OK | 5 | $ 1,019,000 | $ 203,000 | $ 117,000 |
| CINCINNATI, OH-KY-IN | 4 | $ 526,000 | $ 147,000 | $ 77,500 |
| HAGERSTOWN-MARTINSBURG, MD-WV | 4 | $ 687,000 | $ 171,500 | $ 66,000 |
| JACKSONVILLE, FL | 4 | $ 806,000 | $ 201,000 | $ 154,000 |
| LYNCHBURG, VA | 4 | $ 426,000 | $ 106,000 | $ 46,000 |
| PALM BAY-MELBOURNE-TITUSVILLE, FL | 4 | $ 1,338,000 | $ 334,000 | $ 84,000 |
| SILVER SPRING-FREDERICK-ROCKVILLE, MD | 4 | $ 1,637,000 | $ 409,000 | $ 264,000 |
| AMARILLO, TX | 3 | $ 910,000 | $ 303,000 | $ 199,000 |
| ASHEVILLE, NC | 3 | $ 541,000 | $ 180,000 | $ 52,000 |
| BIRMINGHAM-HOOVER, AL | 3 | $ 371,000 | $ 123,000 | $ 99,000 |
| CHARLESTON-NORTH CHARLESTON, SC | 3 | $ 284,000 | $ 94,000 | $ 70,000 |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL | 3 | $ 471,000 | $ 157,000 | $ 79,000 |
| ELGIN, IL | 3 | $ 474,000 | $ 158,000 | $ 75,000 |
| GAINESVILLE, GA | 3 | $ 537,000 | $ 179,000 | $ 73,000 |
| HICKORY-LENOIR-MORGANTON, NC | 3 | $ 283,000 | $ 94,000 | $ 52,000 |
| LAKE COUNTY-KENOSHA COUNTY, IL-WI | 3 | $ 935,000 | $ 263,500 | $ 105,000 |
| LAKELAND-WINTER HAVEN, FL | 3 | $ 487,000 | $ 162,000 | $ 79,000 |
| MILWAUKEE-WAUKESHA-WEST ALLIS, WI | 3 | $ 795,000 | $ 265,000 | $ 173,000 |
| NORTH PORT-SARASOTA-BRADENTON, FL | 3 | $ 589,000 | $ 196,000 | $ 60,000 |
| OKLAHOMA CITY, OK | 3 | $ 411,000 | $ 137,000 | $ 84,000 |
| RALEIGH, NC | 3 | $ 738,000 | $ 246,000 | $ 104,000 |
| SAVANNAH, GA | 3 | $ 552,000 | $ 184,000 | $ 108,000 |
| VALLEJO-FAIRFIELD, CA | 3 | $ 1,269,000 | $ 423,000 | $ 197,000 |
| WICHITA, KS | 3 | $ 301,000 | $ 100,000 | $ 59,000 |
| WINSTON-SALEM, NC | 3 | $ 272,000 | $ 90,000 | $ 59,000 |
| AUGUSTA-RICHMOND COUNTY, GA-SC | 2 | $ 350,000 | $ 175,000 | $ 57,000 |
| BATON ROUGE, LA | 2 | $ 298,000 | $ 149,000 | $ 124,000 |
| BEAUMONT-PORT ARTHUR, TX | 2 | $ 273,000 | $ 136,000 | $ 76,000 |
| BLACKSBURG-CHRISTIANSBURG-RADFORD, VA | 2 | $ 198,000 | $ 99,000 | $ 69,000 |
| BREMERTON-SILVERDALE, WA | 2 | $ 402,000 | $ 201,000 | $ 60,000 |
| CANTON-MASSILLON, OH | 2 | $ 225,000 | $ 112,000 | $ 47,000 |
| CHATTANOOGA, TN-GA | 2 | $ 277,000 | $ 138,000 | $ 56,000 |
| COLUMBIA, MO | 2 | $ 133,000 | $ 66,000 | $ 25,000 |
| DAPHNE-FAIRHOPE-FOLEY, AL | 2 | $ 392,000 | $ 196,000 | $ 99,000 |
| DAYTON, OH | 2 | $ 111,000 | $ 55,000 | $ 70,000 |
| DES MOINES-WEST DES MOINES, IA | 2 | $ 285,000 | $ 142,000 | $ 86,000 |
| DOTHAN, AL | 2 | $ 202,000 | $ 101,000 | $ 65,000 |
| EL PASO, TX | 2 | $ 189,000 | $ 94,000 | $ 102,000 |
| FORT SMITH, AR-OK | 2 | $ 787,000 | $ 393,000 | $ 73,000 |
| FORT WAYNE, IN | 2 | $ 231,000 | $ 115,000 | $ 59,000 |
| FRESNO, CA | 2 | $ 330,000 | $ 165,000 | $ 17,000 |
| GRAND JUNCTION, CO | 2 | $ 290,000 | $ 145,000 | $ 91,000 |
| GREENVILLE-ANDERSON-MAULDIN, SC | 2 | $ 246,000 | $ 123,000 | $ 42,000 |
| HILTON HEAD ISLAND-BLUFFTON-BEAUFORT, SC | 2 | $ 457,000 | $ 228,000 | $ 161,000 |
| HOMOSASSA SPRINGS, FL | 2 | $ 189,000 | $ 94,000 | $ 20,000 |
| HUNTINGTON-ASHLAND, WV-KY-OH | 2 | $ 474,000 | $ 237,000 | $ 105,000 |
| HUNTSVILLE, AL | 2 | $ 159,000 | $ 79,000 | $ 35,000 |
| JACKSONVILLE, NC | 2 | $ 216,000 | $ 108,000 | $ 27,000 |
| JOHNSON CITY, TN | 2 | $ 316,000 | $ 158,000 | $ 96,000 |
| KNOXVILLE, TN | 2 | $ 392,000 | $ 196,000 | $ 44,000 |
| LUBBOCK, TX | 2 | $ 391,000 | $ 195,000 | $ 73,000 |
| MCALLEN-EDINBURG-MISSION, TX | 2 | $ 260,000 | $ 130,000 | $ 38,000 |
| NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ | 2 | $ 335,000 | $ 167,000 | $ 56,000 |
| NEWARK, NJ-PA | 2 | $ 616,000 | $ 308,000 | $ 138,000 |
| PORT ST. LUCIE, FL | 2 | $ 484,000 | $ 242,000 | $ 99,000 |
| REDDING, CA | 2 | $ 535,000 | $ 267,000 | $ 101,000 |
| SALINAS, CA | 2 | $ 490,000 | $ 245,000 | $ 167,000 |
| SANTA CRUZ-WATSONVILLE, CA | 2 | $ 513,000 | $ 256,000 | $ 68,000 |
| SEBASTIAN-VERO BEACH, FL | 2 | $ 299,000 | $ 149,000 | $ 110,000 |
| SPOKANE-SPOKANE VALLEY, WA | 2 | $ 347,000 | $ 173,000 | $ 21,000 |
| WILMINGTON, NC | 2 | $ 209,000 | $ 104,000 | $ 37,000 |
| AKRON, OH | 1 | $ 163,000 | $ 163,000 | $ 60,000 |
| ALBUQUERQUE, NM | 1 | $ 101,000 | $ 101,000 | $ 56,000 |
| ANN ARBOR, MI | 1 | $ 226,000 | $ 226,000 | $ 80,000 |
| BAKERSFIELD, CA | 1 | $ 138,000 | $ 138,000 | $ 59,000 |
| BLOOMINGTON, IN | 1 | $ 246,000 | $ 246,000 | $ 82,000 |
| BROWNSVILLE-HARLINGEN, TX | 1 | $ 193,000 | $ 193,000 | $ 60,000 |
| BURLINGTON, NC | 1 | $ 187,000 | $ 187,000 | $ 119,000 |
| CALIFORNIA-LEXINGTON PARK, MD | 1 | $ 117,000 | $ 117,000 | $ 73,000 |
| CAMDEN, NJ | 1 | $ 117,000 | $ 117,000 | $ 94,000 |
| CEDAR RAPIDS, IA | 1 | $ 190,000 | $ 190,000 | $ 51,000 |
| CHARLOTTESVILLE, VA | 1 | $ 249,000 | $ 249,000 | $ 160,000 |
| CLARKSVILLE, TN-KY | 1 | $ 242,000 | $ 242,000 | $ 102,000 |
| CLEVELAND-ELYRIA, OH | 1 | $ 66,000 | $ 66,000 | $ 23,000 |
| COLORADO SPRINGS, CO | 1 | $ 132,000 | $ 132,000 | $ 25,000 |
| COLUMBIA, SC | 1 | $ 100,000 | $ 100,000 | $ 4,000 |
| COLUMBUS, GA-AL | 1 | $ 56,000 | $ 56,000 | $ 60,000 |
| DURHAM-CHAPEL HILL, NC | 1 | $ 88,000 | $ 88,000 | $ 12,000 |
| FLORENCE, SC | 1 | $ 69,000 | $ 69,000 | $ 29,000 |
| GREENSBORO-HIGH POINT, NC | 1 | $ 83,000 | $ 83,000 | $ 48,000 |
| GULFPORT-BILOXI-PASCAGOULA, MS | 1 | $ 50,000 | $ 50,000 | $ 78,000 |
| HARRISONBURG, VA | 1 | $ 140,000 | $ 140,000 | $ 63,000 |
| JACKSON, MS | 1 | $ 106,000 | $ 106,000 | $ 60,000 |
| JACKSON, TN | 1 | $ 131,000 | $ 131,000 | $ 80,000 |
| JANESVILLE-BELOIT, WI | 1 | $ 122,000 | $ 122,000 | $ 109,000 |
| KALAMAZOO-PORTAGE, MI | 1 | $ 102,000 | $ 102,000 | $ 44,000 |
| KANKAKEE, IL | 1 | $ 177,000 | $ 177,000 | $ 125,000 |
| KENNEWICK-RICHLAND, WA | 1 | $ 142,000 | $ 142,000 | $ 28,000 |
| KINGSPORT-BRISTOL-BRISTOL, TN-VA | 1 | $ 109,000 | $ 109,000 | $ 33,000 |
| KOKOMO, IN | 1 | $ 111,000 | $ 111,000 | $ 39,000 |
| LAFAYETTE, LA | 1 | $ 163,000 | $ 163,000 | $ 114,000 |
| LANSING-EAST LANSING, MI | 1 | $ 185,000 | $ 185,000 | $ 43,000 |
| LAWTON, OK | 1 | $ 144,000 | $ 144,000 | $ 56,000 |
| LEXINGTON-FAYETTE, KY | 1 | $ 178,000 | $ 178,000 | $ 85,000 |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR | 1 | $ 227,000 | $ 227,000 | $ 97,000 |
| MACON, GA | 1 | $ 76,000 | $ 76,000 | $ 53,000 |
| MADERA, CA | 1 | $ 132,000 | $ 132,000 | $ 50,000 |
| MADISON, WI | 1 | $ 228,000 | $ 228,000 | $ 140,000 |
| MIDLAND, TX | 1 | $ 238,000 | $ 238,000 | $ 107,000 |
| MOBILE, AL | 1 | $ 116,000 | $ 116,000 | $ 80,000 |
| MOUNT VERNON-ANACORTES, WA | 1 | $ 240,000 | $ 240,000 | $ 47,000 |
| NEW BERN, NC | 1 | $ 105,000 | $ 105,000 | $ 89,000 |
| NEW ORLEANS-METAIRIE, LA | 1 | $ 169,000 | $ 169,000 | $ 120,000 |
| OCALA, FL | 1 | $ 101,000 | $ 101,000 | $ 132,000 |
| ODESSA, TX | 1 | $ 100,000 | $ 100,000 | $ 29,000 |
| OLYMPIA-TUMWATER, WA | 1 | $ 173,000 | $ 173,000 | $ 225,000 |
| OMAHA-COUNCIL BLUFFS, NE-IA | 1 | $ 276,000 | $ 276,000 | $ 205,000 |
| PARKERSBURG-VIENNA, WV | 1 | $ 143,000 | $ 143,000 | $ 66,000 |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA | 1 | $ 161,000 | $ 161,000 | $ 16,000 |
| PUEBLO, CO | 1 | $ 156,000 | $ 156,000 | $ 50,000 |
| SAN ANGELO, TX | 1 | $ 61,000 | $ 61,000 | $ 82,000 |
| SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA | 1 | $ 297,000 | $ 297,000 | $ 157,000 |
| SAN LUIS OBISPO-PASO ROBLES-ARROYO GRANDE, CA | 1 | $ 561,000 | $ 561,000 | $ 147,000 |
| SANTA FE, NM | 1 | $ 216,000 | $ 216,000 | $ 197,000 |
| SHREVEPORT-BOSSIER CITY, LA | 1 | $ 50,000 | $ 50,000 | $ 36,000 |
| SIOUX CITY, IA-NE-SD | 1 | $ 61,000 | $ 61,000 | $ 44,000 |
| SPARTANBURG, SC | 1 | $ 133,000 | $ 133,000 | $ 44,000 |
| ST. CLOUD, MN | 1 | $ 117,000 | $ 117,000 | $ 34,000 |
| TERRE HAUTE, IN | 1 | $ 105,000 | $ 105,000 | $ 85,000 |
| TOPEKA, KS | 1 | $ 105,000 | $ 105,000 | $ 51,000 |
| WATERLOO-CEDAR FALLS, IA | 1 | $ 82,000 | $ 82,000 | $ 42,000 |
| WICHITA FALLS, TX | 1 | $ 140,000 | $ 140,000 | $ 59,000 |
| WINCHESTER, VA-WV | 1 | $ 276,000 | $ 276,000 | $ 150,000 |
| YAKIMA, WA | 1 | $ 86,000 | $ 86,000 | $ 20,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Illinois,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Fay Financial in 2016
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 | 846 | $207,600,000 | $245,000 | $1,850,000 | $97,000 | $792,000 |
| Home Improvement | 57 | $12,858,000 | $225,000 | $503,000 | $83,000 | $220,000 |
| Home Purchase | 20 | $4,097,000 | $204,000 | $417,000 | $85,000 | $260,000 |
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 | 415 | $108,091,000 | $260,000 | $1,850,000 | $108,000 | $792,000 |
| Not Provided | 181 | $46,515,000 | $256,000 | $880,000 | $91,000 | $350,000 |
| Black or African American | 161 | $31,770,000 | $197,000 | $979,000 | $86,000 | $600,000 |
| Hispanic | 131 | $28,043,000 | $214,000 | $684,000 | $72,000 | $282,000 |
| Asian | 23 | $7,350,000 | $319,000 | $635,000 | $103,000 | $200,000 |
| American Indian or Alaskan Native | 8 | $1,701,000 | $212,000 | $801,000 | $136,000 | $420,000 |
| Native Hawaiin or Other Pacific Islander | 4 | $1,085,000 | $271,000 | $591,000 | $77,000 | $129,000 |
| Not applicable | 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) | 465 | $134,556,000 | $289,000 | $1,850,000 | $114,000 | $792,000 |
| FHA-insured (Federal Housing Administration) | 426 | $82,463,000 | $193,000 | $591,000 | $77,000 | $334,000 |
| VA-guaranteed (Veterans Administration) | 32 | $7,536,000 | $235,000 | $720,000 | $82,000 | $270,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 326 | $78,259,000 | $240,000 | $1,625,000 | $84,000 | $600,000 |
| Application Withdrawn By Applicant | 288 | $72,115,000 | $250,000 | $1,167,000 | $100,000 | $564,000 |
| File Closed For Incompleteness | 194 | $50,290,000 | $259,000 | $1,850,000 | $115,000 | $792,000 |
| Loan Originated | 103 | $21,489,000 | $208,000 | $602,000 | $87,000 | $521,000 |
| Application Approved But Not Accepted | 12 | $2,402,000 | $200,000 | $364,000 | $66,000 | $162,000 |
| 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 | 121 | $35,736,000 | $295,000 | $1,625,000 | $69,000 | $294,000 |
| Credit History | 91 | $20,163,000 | $221,000 | $979,000 | $103,000 | $600,000 |
| Collateral | 67 | $14,316,000 | $213,000 | $744,000 | $95,000 | $360,000 |
| Other | 29 | $4,767,000 | $164,000 | $305,000 | $72,000 | $199,000 |
| Unverifiable Information | 7 | $1,697,000 | $242,000 | $412,000 | $95,000 | $168,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $226,000 | $75,000 | $119,000 | $66,000 | $78,000 |
| Credit Application Incomplete | 2 | $169,000 | $84,000 | $90,000 | $41,000 | $47,000 |
| Employment History | 2 | $313,000 | $156,000 | $183,000 | $41,000 | $58,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in IL, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Illinois, and search similar information at your convenience.