First Chicago Bank & Trust Mortgage Lending & HMDA Data, 2006
In 2006, First Chicago Bank & Trust of Itasca, IL reported 63 mortgage applications totaling $63.8 million. The average application was for $1,012,269, and applicants reported an average income of $24,857. 76% of its applications resulted in an originated loan and 2% were denied. Its largest market was Chicago-Naperville-Joliet, IL (63).
| Mortgage Company & Address | First Chicago Bank & Trust 1145 N. Arlington Heights Rd Itasca, IL 60143 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 |
| Total Number of Mortgage Applications | 63 |
| Total Mortgage Loan Application Amount | $63,773,000 |
| Average Mortgage Loan Application Amount | $1,012,269 |
| Highest Mortgage Loan Application Amount | $5,760,000 |
| Average Applicant Income | $24,857 |
| Highest Applicant Income | $266,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Chicago Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 First Chicago Bank & Trust in 2006
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 | 33 | $38,460,000 | $1,165,000 | $5,760,000 | $24,000 | $172,000 |
| Home Improvement | 18 | $20,462,000 | $1,136,000 | $4,272,000 | $23,000 | $109,000 |
| Refinancing | 12 | $4,851,000 | $404,000 | $840,000 | $30,000 | $266,000 |
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 |
|---|---|---|---|---|---|---|
| Not applicable | 35 | $48,928,000 | $1,397,000 | $5,760,000 | $0 | $0 |
| White | 20 | $12,111,000 | $605,000 | $4,272,000 | $56,000 | $266,000 |
| Not Provided | 3 | $1,086,000 | $362,000 | $500,000 | $31,000 | $95,000 |
| Hispanic | 3 | $734,000 | $244,000 | $679,000 | $106,000 | $109,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $554,000 | $554,000 | $554,000 | $47,000 | $47,000 |
| Black or African American | 1 | $360,000 | $360,000 | $360,000 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 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) | 63 | $63,773,000 | $1,012,000 | $5,760,000 | $25,000 | $266,000 |
| 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 | 48 | $45,857,000 | $955,000 | $4,688,000 | $23,000 | $266,000 |
| Application Approved But Not Accepted | 9 | $9,246,000 | $1,027,000 | $5,760,000 | $49,000 | $172,000 |
| Application Withdrawn By Applicant | 5 | $8,620,000 | $1,724,000 | $4,272,000 | $0 | $0 |
| Application Denied By Financial Institution | 1 | $50,000 | $50,000 | $50,000 | $26,000 | $26,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 1 | $50,000 | $50,000 | $50,000 | $26,000 | $26,000 |
| 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 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Chicago Bank & Trust's 2006 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 First Chicago Bank & Trust'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