First Federal Savings & Loan A Mortgage Lending & HMDA Data, 2014
In 2014, First Federal Savings & Loan A of Kewanee, IL reported 66 mortgage applications totaling $2.7 million, down 33% from 2013. The average application was for $40,242, and applicants reported an average income of $50,424. 74% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Davenport-Moline-Rock Island, IA-IL (55), Peoria, IL (4) and Bloomington, IL (1) (applications in parentheses).
| Mortgage Company & Address | First Federal Savings & Loan A 101 West Central Blvd Kewanee, IL 61443 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 66 |
| Total Mortgage Loan Application Amount | $2,656,000 |
| Average Mortgage Loan Application Amount | $40,242 |
| Highest Mortgage Loan Application Amount | $300,000 |
| Average Applicant Income | $50,424 |
| Highest Applicant Income | $150,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Federal Savings & Loan A filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Davenport-Moline-Rock Island, IA-IL | 55 | $ 2,153,000 | $ 39,145 | $ 49,000 |
| Peoria, IL | 4 | $ 224,000 | $ 56,000 | $ 62,000 |
| Bloomington, IL | 1 | $ 39,000 | $ 39,000 | $ 71,000 |
Mortgage Loan Application Detail Totals for First Federal Savings & Loan A in 2014
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 | 38 | $1,364,000 | $35,000 | $285,000 | $50,000 | $150,000 |
| Home Improvement | 16 | $511,000 | $31,000 | $90,000 | $54,000 | $149,000 |
| Refinancing | 12 | $781,000 | $65,000 | $300,000 | $47,000 | $102,000 |
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 | 55 | $2,400,000 | $43,000 | $300,000 | $55,000 | $150,000 |
| Hispanic | 8 | $173,000 | $21,000 | $38,000 | $30,000 | $58,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $5,000 | $5,000 | $5,000 | $23,000 | $23,000 |
| Not applicable | 1 | $33,000 | $33,000 | $33,000 | $0 | $0 |
| Black or African American | 1 | $45,000 | $45,000 | $45,000 | $39,000 | $39,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 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) | 66 | $2,656,000 | $40,000 | $300,000 | $50,000 | $150,000 |
| 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 | 49 | $1,802,000 | $36,000 | $285,000 | $50,000 | $150,000 |
| Application Denied By Financial Institution | 11 | $741,000 | $67,000 | $300,000 | $51,000 | $95,000 |
| Application Withdrawn By Applicant | 3 | $55,000 | $18,000 | $22,000 | $64,000 | $100,000 |
| Application Approved But Not Accepted | 3 | $58,000 | $19,000 | $24,000 | $29,000 | $56,000 |
| 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 | 6 | $240,000 | $40,000 | $100,000 | $49,000 | $83,000 |
| Debt-To-Income Ratio | 4 | $411,000 | $102,000 | $300,000 | $46,000 | $95,000 |
| Collateral | 1 | $90,000 | $90,000 | $90,000 | $84,000 | $84,000 |
| Credit Application Incomplete | 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 First Federal Savings & Loan A's 2014 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 Federal Savings & Loan A'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