The First National Bank of Ava Mortgage Lending & HMDA Data, 2019
In 2019, The First National Bank of Ava of Ava, IL reported 60 mortgage applications totaling $5.4 million, down 13% from 2018. The average application was for $89,666, and applicants reported an average income of $77,450. 62% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Carbondale-Marion, IL (45), Cape Girardeau, MO-IL (1) and St. Louis, MO-IL (1) (applications in parentheses).
| Mortgage Company & Address | The First National Bank of Ava 304 W Main St, Po Box 98 Ava, IL 62907 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2020 2019 2018 2017 2016 2015 2014 |
| Total Number of Mortgage Applications | 60 |
| Total Mortgage Loan Application Amount | $5,380,000 |
| Average Mortgage Loan Application Amount | $89,666 |
| Highest Mortgage Loan Application Amount | $415,000 |
| Average Applicant Income | $77,450 |
| Highest Applicant Income | $217,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records The First National Bank of Ava filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Jackson, Illinois | 43 | $ 3,585,000 | $ 83,372 | $ 78,000 |
| Perry, Illinois | 5 | $ 475,000 | $ 95,000 | $ 71,000 |
| Randolph, Illinois | 2 | $ 180,000 | $ 90,000 | $ 51,000 |
| Williamson, Illinois | 2 | $ 140,000 | $ 70,000 | $ 66,000 |
| Hamilton, Illinois | 1 | $ 135,000 | $ 135,000 | $ 162,000 |
| Saline, Illinois | 1 | $ 395,000 | $ 395,000 | $ 187,000 |
| St. Clair, Illinois | 1 | $ 45,000 | $ 45,000 | $ 78,000 |
| Union, Illinois | 1 | $ 175,000 | $ 175,000 | $ 137,000 |
| Bollinger, Missouri | 1 | $ 145,000 | $ 145,000 | $ 54,000 |
Mortgage Loan Application Detail Totals for The First National Bank of Ava in 2019
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 | 35 | $3,095,000 | $88,000 | $415,000 | $74,000 | $217,000 |
| Refinancing | 18 | $2,040,000 | $113,000 | $395,000 | $96,000 | $187,000 |
| Home Improvement | 5 | $165,000 | $33,000 | $55,000 | $43,000 | $56,000 |
| Other Purpose | 2 | $80,000 | $40,000 | $45,000 | $57,000 | $78,000 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 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 |
|---|---|---|---|---|---|---|
| White | 57 | $5,145,000 | $90,000 | $415,000 | $79,000 | $217,000 |
| Not applicable | 2 | $130,000 | $65,000 | $85,000 | $0 | $0 |
| American Indian or Alaskan Native | 1 | $105,000 | $105,000 | $105,000 | $18,000 | $18,000 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
| Hispanic | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 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) | 59 | $5,345,000 | $90,000 | $415,000 | $79,000 | $217,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $35,000 | $35,000 | $35,000 | $22,000 | $22,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FHA-insured (Federal Housing 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 | 37 | $2,865,000 | $77,000 | $235,000 | $82,000 | $182,000 |
| Application Denied By Financial Institution | 11 | $1,015,000 | $92,000 | $395,000 | $63,000 | $187,000 |
| Application Approved But Not Accepted | 7 | $875,000 | $125,000 | $415,000 | $71,000 | $217,000 |
| Application Withdrawn By Applicant | 4 | $530,000 | $132,000 | $175,000 | $93,000 | $137,000 |
| File Closed For Incompleteness | 1 | $95,000 | $95,000 | $95,000 | $89,000 | $89,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 49 | $4,365,000 | $89,000 | $415,000 | $81,000 | $217,000 |
| Debt-To-Income Ratio | 11 | $1,015,000 | $92,000 | $395,000 | $63,000 | $187,000 |
| 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 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The First National Bank of Ava's 2019 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 The First National Bank of Ava'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