Fortress Bank Mortgage Lending & HMDA Data, 2014

In 2014, Fortress Bank of Peoria, IL reported 831 mortgage applications totaling $90.9 million, up 91% from 2013. The average application was for $109,354, and applicants reported an average income of $67,400. 81% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Peoria, IL (565), Davenport-Moline-Rock Island, IA-IL (34) and Chicago-Naperville-Arlington Heights, IL (18) (applications in parentheses).

Mortgage Company & Address Fortress Bank
9000 N. Knoxville Avenue
Peoria, IL 61615
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 831
Total Mortgage Loan Application Amount $90,874,000
Average Mortgage Loan Application Amount $109,354
Highest Mortgage Loan Application Amount $1,072,000
Average Applicant Income $67,400
Highest Applicant Income $1,239,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Fortress Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Totals for Fortress Bank by County in 2014

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Peoria, Illinois 321 $ 33,132,000 $ 103,214 $ 72,000
Tazewell, Illinois 209 $ 22,278,000 $ 106,593 $ 57,000
Hancock, Illinois 69 $ 4,583,000 $ 66,420 $ 53,000
McDonough, Illinois 48 $ 3,623,000 $ 75,479 $ 52,000
Woodford, Illinois 28 $ 3,693,000 $ 131,892 $ 78,000
Rock Island, Illinois 21 $ 3,254,000 $ 154,952 $ 107,000
Warren, Illinois 15 $ 999,000 $ 66,600 $ 57,000
Fulton, Illinois 9 $ 823,000 $ 91,444 $ 53,000
DuPage, Illinois 8 $ 1,775,000 $ 221,875 $ 11,000
Knox, Illinois 8 $ 1,210,000 $ 151,250 $ 124,000
Scott, Iowa 8 $ 2,115,000 $ 264,375 $ 108,000
Cook, Illinois 7 $ 1,075,000 $ 153,571 $ 3,000
Kane, Illinois 6 $ 1,113,000 $ 185,500 $ 77,000
Whiteside, Illinois 6 $ 859,000 $ 143,166 $ 77,000
Lee, Iowa 5 $ 354,000 $ 70,800 $ 72,000
Adams, Illinois 4 $ 447,000 $ 111,750 $ 72,000
Henry, Illinois 4 $ 456,000 $ 114,000 $ 63,000
Marshall, Illinois 4 $ 390,000 $ 97,500 $ 77,000
Mason, Illinois 4 $ 353,000 $ 88,250 $ 41,000
Manatee, Florida 3 $ 870,000 $ 290,000 $ 95,000
Stark, Illinois 3 $ 232,000 $ 77,333 $ 34,000
Champaign, Illinois 2 $ 289,000 $ 144,500 $ 140,000
Henderson, Illinois 2 $ 102,000 $ 51,000 $ 37,000
Kendall, Illinois 2 $ 271,000 $ 135,500 $ 0
Logan, Illinois 2 $ 125,000 $ 62,500 $ 30,000
Sangamon, Illinois 2 $ 219,000 $ 109,500 $ 98,000
Camden, Missouri 2 $ 622,000 $ 311,000 $ 404,000
Maricopa, Arizona 1 $ 185,000 $ 185,000 $ 0
Lee, Florida 1 $ 417,000 $ 417,000 $ 185,000
Palm Beach, Florida 1 $ 700,000 $ 700,000 $ 0
Pasco, Florida 1 $ 31,000 $ 31,000 $ 33,000
Santa Rosa, Florida 1 $ 137,000 $ 137,000 $ 34,000
Grundy, Illinois 1 $ 100,000 $ 100,000 $ 0
Madison, Illinois 1 $ 227,000 $ 227,000 $ 60,000
Mercer, Illinois 1 $ 130,000 $ 130,000 $ 71,000
Schuyler, Illinois 1 $ 65,000 $ 65,000 $ 84,000
Lake, Indiana 1 $ 208,000 $ 208,000 $ 43,000
Marion, Indiana 1 $ 140,000 $ 140,000 $ 101,000
Black Hawk, Iowa 1 $ 86,000 $ 86,000 $ 19,000
Dubuque, Iowa 1 $ 101,000 $ 101,000 $ 90,000
Jasper, Iowa 1 $ 69,000 $ 69,000 $ 0
Jefferson, Iowa 1 $ 80,000 $ 80,000 $ 76,000
Marion, Iowa 1 $ 138,000 $ 138,000 $ 75,000
Muscatine, Iowa 1 $ 163,000 $ 163,000 $ 60,000
Jefferson, Kentucky 1 $ 306,000 $ 306,000 $ 191,000
Baltimore, Maryland 1 $ 250,000 $ 250,000 $ 300,000
Mackinac, Michigan 1 $ 34,000 $ 34,000 $ 0
Jasper, Missouri 1 $ 74,000 $ 74,000 $ 67,000
St. Charles, Missouri 1 $ 135,000 $ 135,000 $ 28,000
Onondaga, New York 1 $ 395,000 $ 395,000 $ 180,000
Charleston, South Carolina 1 $ 360,000 $ 360,000 $ 330,000
Oconee, South Carolina 1 $ 350,000 $ 350,000 $ 900,000
Davidson, Tennessee 1 $ 301,000 $ 301,000 $ 54,000
Dallas, Texas 1 $ 68,000 $ 68,000 $ 35,000
Travis, Texas 1 $ 150,000 $ 150,000 $ 184,000
Milwaukee, Wisconsin 1 $ 212,000 $ 212,000 $ 90,000

Mortgage Loan Application Detail Totals for Fortress Bank 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 684 $73,903,000 $108,000 $700,000 $61,000 $569,000
Refinancing 146 $16,906,000 $115,000 $1,072,000 $97,000 $1,239,000
Home Improvement 1 $65,000 $65,000 $65,000 $124,000 $124,000

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 753 $80,895,000 $107,000 $1,072,000 $70,000 $1,239,000
Black or African American 29 $2,819,000 $97,000 $275,000 $48,000 $104,000
Hispanic 20 $1,627,000 $81,000 $240,000 $41,000 $151,000
Not applicable 20 $3,876,000 $193,000 $700,000 $0 $0
Asian 7 $1,123,000 $160,000 $395,000 $106,000 $180,000
American Indian or Alaskan Native 1 $225,000 $225,000 $225,000 $116,000 $116,000
Native Hawaiian or Other Pacific Islander 1 $309,000 $309,000 $309,000 $148,000 $148,000
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) 607 $67,676,000 $111,000 $1,072,000 $75,000 $1,239,000
FHA-insured (Federal Housing Administration) 126 $11,864,000 $94,000 $276,000 $43,000 $120,000
VA-guaranteed (Veterans Administration) 55 $6,899,000 $125,000 $305,000 $59,000 $146,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 43 $4,435,000 $103,000 $284,000 $47,000 $179,000

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 677 $74,768,000 $110,000 $1,072,000 $73,000 $1,239,000
Application Denied By Financial Institution 65 $4,848,000 $74,000 $264,000 $41,000 $100,000
Application Withdrawn By Applicant 65 $6,970,000 $107,000 $364,000 $62,000 $240,000
Loan Purchased By The Institution 20 $3,876,000 $193,000 $700,000 $0 $0
File Closed For Incompleteness 2 $169,000 $84,000 $117,000 $38,000 $54,000
Application Approved But Not Accepted 2 $243,000 $121,000 $142,000 $68,000 $90,000
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 36 $2,583,000 $71,000 $149,000 $42,000 $100,000
Debt-To-Income Ratio 19 $1,517,000 $79,000 $264,000 $37,000 $88,000
Collateral 2 $190,000 $95,000 $104,000 $56,000 $79,000
Other 1 $87,000 $87,000 $87,000 $35,000 $35,000
Unverifiable Information 1 $58,000 $58,000 $58,000 $62,000 $62,000
Employment History 1 $58,000 $58,000 $58,000 $49,000 $49,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Fortress Bank'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 Fortress Bank'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.

Download the Illinois Lender List