Fay Financial
Mortgage Loan Application
Totals and Details
for 2017

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 1,816
Total Mortgage Loan Application Amount $419,778,000
Average Mortgage Loan Application Amount $218,666
Highest Mortgage Loan Application Amount $2,820,000
Average Applicant Income $91,666
Highest Applicant Income $1,212,000

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.

Mortgage Loan Application Totals for Fay Financial by Metropolitan Area in 2017

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
LOS ANGELES-LONG BEACH-GLENDALE, CA 107 $ 44,175,000 $ 412,000 $ 117,000
CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL 81 $ 14,639,000 $ 180,000 $ 89,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 74 $ 11,104,000 $ 150,000 $ 68,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 56 $ 20,532,000 $ 342,333 $ 126,666
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 46 $ 16,585,000 $ 360,000 $ 140,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 45 $ 6,938,000 $ 154,000 $ 96,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 36 $ 8,319,000 $ 231,000 $ 91,000
ANAHEIM-SANTA ANA-IRVINE, CA 35 $ 18,819,000 $ 537,000 $ 153,000
PHOENIX-MESA-SCOTTSDALE, AZ 31 $ 8,234,000 $ 265,000 $ 101,000
WARREN-TROY-FARMINGTON HILLS, MI 30 $ 6,697,000 $ 223,000 $ 91,000
MIAMI-MIAMI BEACH-KENDALL, FL 28 $ 5,516,000 $ 197,000 $ 85,000
DALLAS-PLANO-IRVING, TX 25 $ 4,002,000 $ 160,000 $ 84,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 25 $ 5,189,000 $ 207,000 $ 73,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 24 $ 4,295,000 $ 208,500 $ 82,500
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 24 $ 4,498,000 $ 201,000 $ 116,000
OAKLAND-HAYWARD-BERKELEY, CA 24 $ 11,040,000 $ 460,000 $ 122,000
SAN DIEGO-CARLSBAD, CA 24 $ 10,006,000 $ 416,000 $ 120,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 24 $ 13,573,000 $ 565,000 $ 184,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 24 $ 5,315,000 $ 221,000 $ 87,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 23 $ 6,273,000 $ 272,000 $ 106,000
BALTIMORE-COLUMBIA-TOWSON, MD 21 $ 6,138,000 $ 292,000 $ 111,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 20 $ 2,160,000 $ 108,000 $ 68,000
SEATTLE-BELLEVUE-EVERETT, WA 20 $ 6,119,000 $ 305,000 $ 97,000
FORT WORTH-ARLINGTON, TX 19 $ 3,035,000 $ 159,000 $ 90,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 18 $ 3,805,000 $ 211,000 $ 94,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 17 $ 2,971,000 $ 174,000 $ 99,000
ST. LOUIS, MO-IL 17 $ 2,515,000 $ 145,500 $ 67,500
ORLANDO-KISSIMMEE-SANFORD, FL 16 $ 3,054,000 $ 190,000 $ 70,000
DENVER-AURORA-LAKEWOOD, CO 15 $ 4,129,000 $ 275,000 $ 121,000
NEWARK, NJ-PA 15 $ 4,739,000 $ 315,000 $ 133,000
KANSAS CITY, MO-KS 14 $ 1,806,000 $ 127,000 $ 83,500
RALEIGH, NC 14 $ 2,348,000 $ 167,000 $ 82,000
COLUMBUS, OH 13 $ 1,972,000 $ 151,000 $ 62,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 13 $ 6,836,000 $ 525,000 $ 147,000
GREENVILLE-ANDERSON-MAULDIN, SC 12 $ 1,645,000 $ 137,000 $ 49,000
NORTH PORT-SARASOTA-BRADENTON, FL 12 $ 3,442,000 $ 286,000 $ 121,000
OXNARD-THOUSAND OAKS-VENTURA, CA 12 $ 5,808,000 $ 484,000 $ 113,000
SAN ANTONIO-NEW BRAUNFELS, TX 12 $ 1,430,000 $ 119,000 $ 55,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 12 $ 3,193,000 $ 266,000 $ 99,000
CINCINNATI, OH-KY-IN 11 $ 1,522,000 $ 127,333 $ 81,666
COLORADO SPRINGS, CO 11 $ 1,495,000 $ 135,000 $ 75,000
MEMPHIS, TN-MS-AR 11 $ 1,630,000 $ 148,000 $ 88,000
NEW ORLEANS-METAIRIE, LA 11 $ 1,270,000 $ 115,000 $ 45,000
PORT ST. LUCIE, FL 11 $ 2,007,000 $ 182,000 $ 81,000
WINSTON-SALEM, NC 11 $ 1,140,000 $ 103,000 $ 67,000
CAPE CORAL-FORT MYERS, FL 10 $ 2,171,000 $ 217,000 $ 93,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 10 $ 1,178,000 $ 114,500 $ 63,500
SILVER SPRING-FREDERICK-ROCKVILLE, MD 10 $ 4,456,000 $ 445,000 $ 231,000
GREENSBORO-HIGH POINT, NC 9 $ 1,384,000 $ 153,000 $ 81,000
JACKSONVILLE, FL 9 $ 1,472,000 $ 163,000 $ 67,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 9 $ 1,984,000 $ 220,000 $ 96,000
RICHMOND, VA 9 $ 1,856,000 $ 206,000 $ 85,000
BIRMINGHAM-HOOVER, AL 8 $ 871,000 $ 108,000 $ 59,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 8 $ 3,119,000 $ 389,000 $ 321,000
ATLANTIC CITY-HAMMONTON, NJ 7 $ 735,000 $ 105,000 $ 42,000
CAMDEN, NJ 7 $ 1,338,000 $ 191,000 $ 109,000
CHARLESTON-NORTH CHARLESTON, SC 7 $ 841,000 $ 120,000 $ 62,000
CHATTANOOGA, TN-GA 7 $ 662,000 $ 91,500 $ 52,500
ELGIN, IL 7 $ 1,338,000 $ 191,000 $ 70,000
FAYETTEVILLE, NC 7 $ 751,000 $ 107,000 $ 56,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 7 $ 1,874,000 $ 227,000 $ 85,500
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 7 $ 1,509,000 $ 215,000 $ 151,000
SPOKANE-SPOKANE VALLEY, WA 7 $ 915,000 $ 130,000 $ 59,000
STOCKTON-LODI, CA 7 $ 1,658,000 $ 236,000 $ 95,000
BLOOMINGTON, IL 6 $ 508,000 $ 84,000 $ 45,000
DURHAM-CHAPEL HILL, NC 6 $ 451,000 $ 75,000 $ 45,000
HICKORY-LENOIR-MORGANTON, NC 6 $ 502,000 $ 83,000 $ 41,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 6 $ 965,000 $ 190,500 $ 196,000
OMAHA-COUNCIL BLUFFS, NE-IA 6 $ 779,000 $ 129,000 $ 73,000
SAVANNAH, GA 6 $ 716,000 $ 119,000 $ 77,000
VALLEJO-FAIRFIELD, CA 6 $ 1,551,000 $ 258,000 $ 74,000
ALBUQUERQUE, NM 5 $ 577,000 $ 115,000 $ 94,000
AUGUSTA-RICHMOND COUNTY, GA-SC 5 $ 606,000 $ 131,500 $ 104,500
AUSTIN-ROUND ROCK, TX 5 $ 527,000 $ 105,000 $ 58,000
BAKERSFIELD, CA 5 $ 1,522,000 $ 304,000 $ 190,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 5 $ 2,055,000 $ 411,000 $ 174,000
DETROIT-DEARBORN-LIVONIA, MI 5 $ 1,290,000 $ 258,000 $ 103,000
EL PASO, TX 5 $ 525,000 $ 105,000 $ 83,000
GARY, IN 5 $ 437,000 $ 87,000 $ 52,000
KNOXVILLE, TN 5 $ 3,313,000 $ 662,000 $ 90,000
OKLAHOMA CITY, OK 5 $ 1,360,000 $ 272,000 $ 95,000
SAN LUIS OBISPO-PASO ROBLES-ARROYO GRANDE, CA 5 $ 1,962,000 $ 392,000 $ 87,000
TACOMA-LAKEWOOD, WA 5 $ 1,285,000 $ 257,000 $ 168,000
BATON ROUGE, LA 4 $ 667,000 $ 166,000 $ 91,000
BREMERTON-SILVERDALE, WA 4 $ 1,296,000 $ 324,000 $ 89,000
CLEVELAND-ELYRIA, OH 4 $ 791,000 $ 197,000 $ 148,000
DAYTON, OH 4 $ 408,000 $ 102,000 $ 53,000
FORT WAYNE, IN 4 $ 364,000 $ 91,000 $ 33,000
GRAND RAPIDS-WYOMING, MI 4 $ 530,000 $ 132,000 $ 53,000
JACKSON, MS 4 $ 345,000 $ 86,000 $ 37,000
LAKELAND-WINTER HAVEN, FL 4 $ 694,000 $ 173,000 $ 79,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 4 $ 395,000 $ 98,000 $ 83,000
LONGVIEW, TX 4 $ 405,000 $ 101,000 $ 72,000
MACON-BIBB COUNTY, GA 4 $ 322,000 $ 80,000 $ 83,000
NAPA, CA 4 $ 2,581,000 $ 645,000 $ 174,000
SAN RAFAEL, CA 4 $ 3,093,000 $ 773,000 $ 233,000
TERRE HAUTE, IN 4 $ 249,000 $ 62,000 $ 55,000
TOLEDO, OH 4 $ 352,000 $ 88,000 $ 35,000
TULSA, OK 4 $ 361,000 $ 90,000 $ 50,000
VINELAND-BRIDGETON, NJ 4 $ 485,000 $ 121,000 $ 72,000
AKRON, OH 3 $ 317,000 $ 105,000 $ 69,000
CLARKSVILLE, TN-KY 3 $ 357,000 $ 119,000 $ 47,000
COLUMBIA, SC 3 $ 454,000 $ 151,000 $ 68,000
COLUMBUS, GA-AL 3 $ 299,000 $ 99,000 $ 38,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 3 $ 402,000 $ 134,000 $ 41,000
DES MOINES-WEST DES MOINES, IA 3 $ 379,000 $ 126,000 $ 61,000
MADISON, WI 3 $ 623,000 $ 207,000 $ 64,000
PEORIA, IL 3 $ 185,000 $ 61,000 $ 74,000
SANTA FE, NM 3 $ 782,000 $ 260,000 $ 111,000
SANTA ROSA, CA 3 $ 1,461,000 $ 487,000 $ 189,000
SHREVEPORT-BOSSIER CITY, LA 3 $ 220,000 $ 73,000 $ 56,000
SPARTANBURG, SC 3 $ 250,000 $ 83,000 $ 81,000
VISALIA-PORTERVILLE, CA 3 $ 644,000 $ 214,000 $ 119,000
WARNER ROBINS, GA 3 $ 524,000 $ 174,000 $ 129,000
WILMINGTON, DE-MD-NJ 3 $ 591,000 $ 197,000 $ 84,000
YUBA CITY, CA 3 $ 618,000 $ 206,000 $ 85,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 2 $ 404,000 $ 202,000 $ 124,000
ASHEVILLE, NC 2 $ 243,000 $ 121,000 $ 53,000
BEAUMONT-PORT ARTHUR, TX 2 $ 204,000 $ 102,000 $ 101,000
BROWNSVILLE-HARLINGEN, TX 2 $ 247,000 $ 123,000 $ 44,000
CEDAR RAPIDS, IA 2 $ 173,000 $ 86,000 $ 62,000
CORPUS CHRISTI, TX 2 $ 209,000 $ 104,000 $ 84,000
DALTON, GA 2 $ 257,000 $ 128,000 $ 42,000
DANVILLE, IL 2 $ 145,000 $ 72,000 $ 30,000
DAPHNE-FAIRHOPE-FOLEY, AL 2 $ 645,000 $ 322,000 $ 187,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 2 $ 124,000 $ 62,000 $ 42,000
ELIZABETHTOWN-FORT KNOX, KY 2 $ 278,000 $ 139,000 $ 59,000
FARMINGTON, NM 2 $ 236,000 $ 118,000 $ 52,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 2 $ 670,000 $ 335,000 $ 48,000
FLINT, MI 2 $ 195,000 $ 97,000 $ 91,000
FRESNO, CA 2 $ 540,000 $ 270,000 $ 78,000
HARRISONBURG, VA 2 $ 442,000 $ 221,000 $ 85,000
HUNTSVILLE, AL 2 $ 154,000 $ 77,000 $ 35,000
JACKSON, TN 2 $ 770,000 $ 385,000 $ 176,000
JOHNSON CITY, TN 2 $ 320,000 $ 160,000 $ 104,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 2 $ 209,000 $ 104,000 $ 93,000
LAFAYETTE, LA 2 $ 215,000 $ 107,000 $ 78,000
LAKE HAVASU CITY-KINGMAN, AZ 2 $ 798,000 $ 399,000 $ 102,000
LANSING-EAST LANSING, MI 2 $ 230,000 $ 115,000 $ 38,000
LUBBOCK, TX 2 $ 173,000 $ 86,000 $ 80,000
LYNCHBURG, VA 2 $ 211,000 $ 105,000 $ 42,000
MADERA, CA 2 $ 265,000 $ 132,000 $ 56,000
MCALLEN-EDINBURG-MISSION, TX 2 $ 129,000 $ 64,000 $ 51,000
MICHIGAN CITY-LA PORTE, IN 2 $ 356,000 $ 178,000 $ 58,000
MOBILE, AL 2 $ 190,000 $ 95,000 $ 78,000
MODESTO, CA 2 $ 1,063,000 $ 531,000 $ 347,000
NEW BERN, NC 2 $ 528,000 $ 264,000 $ 61,000
OCEAN CITY, NJ 2 $ 373,000 $ 186,000 $ 109,000
ROANOKE, VA 2 $ 545,000 $ 272,000 $ 110,000
ROCHESTER, MN 2 $ 385,000 $ 192,000 $ 139,000
ROCKY MOUNT, NC 2 $ 175,000 $ 87,000 $ 68,000
SANTA CRUZ-WATSONVILLE, CA 2 $ 945,000 $ 472,000 $ 162,000
SEBASTIAN-VERO BEACH, FL 2 $ 367,000 $ 183,000 $ 220,000
SEBRING, FL 2 $ 327,000 $ 163,000 $ 59,000
SOUTH BEND-MISHAWAKA, IN-MI 2 $ 250,000 $ 125,000 $ 75,000
SPRINGFIELD, MO 2 $ 660,000 $ 330,000 $ 81,000
TRENTON, NJ 2 $ 696,000 $ 348,000 $ 178,000
TUCSON, AZ 2 $ 265,000 $ 132,000 $ 49,000
TUSCALOOSA, AL 2 $ 190,000 $ 95,000 $ 122,000
TYLER, TX 2 $ 327,000 $ 163,000 $ 84,000
VALDOSTA, GA 2 $ 244,000 $ 122,000 $ 69,000
WAUSAU, WI 2 $ 241,000 $ 120,000 $ 74,000
WICHITA, KS 2 $ 217,000 $ 108,000 $ 50,000
ALBANY, GA 1 $ 99,000 $ 99,000 $ 80,000
AMARILLO, TX 1 $ 251,000 $ 251,000 $ 133,000
ANN ARBOR, MI 1 $ 176,000 $ 176,000 $ 125,000
BATTLE CREEK, MI 1 $ 195,000 $ 195,000 $ 60,000
BECKLEY, WV 1 $ 70,000 $ 70,000 $ 46,000
BELLINGHAM, WA 1 $ 214,000 $ 214,000 $ 58,000
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA 1 $ 143,000 $ 143,000 $ 92,000
BLOOMINGTON, IN 1 $ 146,000 $ 146,000 $ 45,000
BURLINGTON, NC 1 $ 106,000 $ 106,000 $ 35,000
CALIFORNIA-LEXINGTON PARK, MD 1 $ 122,000 $ 122,000 $ 36,000
CANTON-MASSILLON, OH 1 $ 91,000 $ 91,000 $ 41,000
CHAMPAIGN-URBANA, IL 1 $ 112,000 $ 112,000 $ 153,000
EL CENTRO, CA 1 $ 142,000 $ 142,000 $ 124,000
ELKHART-GOSHEN, IN 1 $ 90,000 $ 90,000 $ 40,000
EVANSVILLE, IN-KY 1 $ 66,000 $ 66,000 $ 107,000
FORT COLLINS, CO 1 $ 191,000 $ 191,000 $ 86,000
GADSDEN, AL 1 $ 229,000 $ 229,000 $ 62,000
GAINESVILLE, GA 1 $ 64,000 $ 64,000 $ 44,000
GOLDSBORO, NC 1 $ 54,000 $ 54,000 $ 86,000
GRAND ISLAND, NE 1 $ 100,000 $ 100,000 $ 96,000
GRAND JUNCTION, CO 1 $ 210,000 $ 210,000 $ 108,000
GREELEY, CO 1 $ 266,000 $ 266,000 $ 51,000
GREEN BAY, WI 1 $ 113,000 $ 113,000 $ 47,000
GULFPORT-BILOXI-PASCAGOULA, MS 1 $ 161,000 $ 161,000 $ 54,000
HANFORD-CORCORAN, CA 1 $ 122,000 $ 122,000 $ 36,000
HATTIESBURG, MS 1 $ 111,000 $ 111,000 $ 45,000
HILTON HEAD ISLAND-BLUFFTON-BEAUFORT, SC 1 $ 149,000 $ 149,000 $ 50,000
HINESVILLE, GA 1 $ 81,000 $ 81,000 $ 60,000
HUNTINGTON-ASHLAND, WV-KY-OH 1 $ 186,000 $ 186,000 $ 107,000
JACKSON, MI 1 $ 61,000 $ 61,000 $ 17,000
JANESVILLE-BELOIT, WI 1 $ 247,000 $ 247,000 $ 90,000
JONESBORO, AR 1 $ 134,000 $ 134,000 $ 54,000
KALAMAZOO-PORTAGE, MI 1 $ 74,000 $ 74,000 $ 21,000
KILLEEN-TEMPLE, TX 1 $ 305,000 $ 305,000 $ 166,000
KOKOMO, IN 1 $ 105,000 $ 105,000 $ 72,000
LAKE CHARLES, LA 1 $ 105,000 $ 105,000 $ 41,000
LAREDO, TX 1 $ 166,000 $ 166,000 $ 103,000
LONGVIEW, WA 1 $ 103,000 $ 103,000 $ 70,000
MERCED, CA 1 $ 145,000 $ 145,000 $ 38,000
MONTGOMERY, AL 1 $ 91,000 $ 91,000 $ 38,000
MORRISTOWN, TN 1 $ 208,000 $ 208,000 $ 19,000
MUNCIE, IN 1 $ 51,000 $ 51,000 $ 52,000
MUSKEGON, MI 1 $ 108,000 $ 108,000 $ 60,000
OCALA, FL 1 $ 66,000 $ 66,000 $ 66,000
OSHKOSH-NEENAH, WI 1 $ 268,000 $ 268,000 $ 79,000
OWENSBORO, KY 1 $ 61,000 $ 61,000 $ 35,000
PANAMA CITY, FL 1 $ 116,000 $ 116,000 $ 0
PENSACOLA-FERRY PASS-BRENT, FL 1 $ 238,000 $ 238,000 $ 287,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 1 $ 205,000 $ 205,000 $ 26,000
PUNTA GORDA, FL 1 $ 163,000 $ 163,000 $ 36,000
REDDING, CA 1 $ 193,000 $ 193,000 $ 0
SALISBURY, MD-DE 1 $ 104,000 $ 104,000 $ 32,000
SANTA MARIA-SANTA BARBARA, CA 1 $ 112,000 $ 112,000 $ 45,000
SIOUX CITY, IA-NE-SD 1 $ 51,000 $ 51,000 $ 57,000
SPRINGFIELD, IL 1 $ 85,000 $ 85,000 $ 54,000
ST. CLOUD, MN 1 $ 149,000 $ 149,000 $ 104,000
ST. JOSEPH, MO-KS 1 $ 128,000 $ 128,000 $ 70,000
STAUNTON-WAYNESBORO, VA 1 $ 109,000 $ 109,000 $ 56,000
WATERLOO-CEDAR FALLS, IA 1 $ 175,000 $ 175,000 $ 43,000
WENATCHEE, WA 1 $ 52,000 $ 52,000 $ 22,000
WILMINGTON, NC 1 $ 113,000 $ 113,000 $ 46,000
YAKIMA, WA 1 $ 93,000 $ 93,000 $ 57,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 1 $ 118,000 $ 118,000 $ 41,000

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 2017

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 1,555 $364,154,000 $234,000 $2,820,000 $95,000 $1,212,000
Home Improvement 169 $36,597,000 $216,000 $1,800,000 $86,000 $713,000
Home Purchase 92 $19,027,000 $206,000 $864,000 $94,000 $408,000

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 894 $212,083,000 $237,000 $1,067,000 $99,000 $1,212,000
Black or African American 387 $64,204,000 $165,000 $1,182,000 $77,000 $750,000
Hispanic 301 $67,678,000 $224,000 $871,000 $82,000 $420,000
Not Provided 111 $34,869,000 $314,000 $2,820,000 $117,000 $713,000
Asian 74 $28,744,000 $388,000 $1,390,000 $157,000 $802,000
American Indian or Alaskan Native 20 $4,529,000 $226,000 $790,000 $85,000 $313,000
Not applicable 18 $4,057,000 $225,000 $647,000 $87,000 $181,000
Native Hawaiian or Other Pacific Islander 11 $3,614,000 $328,000 $730,000 $98,000 $158,000

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) 1,099 $276,821,000 $251,000 $2,820,000 $107,000 $1,212,000
FHA-insured (Federal Housing Administration) 655 $127,853,000 $195,000 $647,000 $74,000 $272,000
VA-guaranteed (Veterans Administration) 62 $15,104,000 $243,000 $752,000 $90,000 $243,000
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 567 $132,608,000 $233,000 $2,642,000 $87,000 $1,212,000
File Closed For Incompleteness 535 $125,437,000 $234,000 $2,820,000 $103,000 $624,000
Application Withdrawn By Applicant 426 $107,330,000 $251,000 $1,800,000 $99,000 $942,000
Loan Originated 275 $51,799,000 $188,000 $1,390,000 $87,000 $410,000
Application Approved But Not Accepted 13 $2,604,000 $200,000 $372,000 $78,000 $219,000
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 185 $49,845,000 $269,000 $1,182,000 $61,000 $376,000
Credit History 175 $36,773,000 $210,000 $954,000 $105,000 $802,000
Collateral 123 $23,914,000 $194,000 $2,642,000 $90,000 $665,000
Other 37 $9,964,000 $269,000 $1,067,000 $139,000 $1,212,000
Unverifiable Information 20 $5,705,000 $285,000 $947,000 $82,000 $251,000
Credit Application Incomplete 10 $2,415,000 $241,000 $585,000 $50,000 $128,000
Insufficient Cash (Downpayment, Closing Cost) 8 $1,677,000 $209,000 $390,000 $97,000 $240,000
Employment History 5 $1,399,000 $279,000 $544,000 $55,000 $115,000
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.

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