Fortress Bank Mortgage Lending & HMDA Data, 2015

In 2015, Fortress Bank of Peoria, IL reported 1,050 mortgage applications totaling $118.4 million, up 26% from 2014. The average application was for $112,720, and applicants reported an average income of $66,955. 78% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Peoria, IL (633), Davenport-Moline-Rock Island, IA-IL (57) 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 1,050
Total Mortgage Loan Application Amount $118,357,000
Average Mortgage Loan Application Amount $112,720
Highest Mortgage Loan Application Amount $4,960,000
Average Applicant Income $66,955
Highest Applicant Income $927,000

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Act (HMDA) records Fortress Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2015

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Peoria, Illinois 339 $ 39,791,000 $ 117,377 $ 71,000
Tazewell, Illinois 243 $ 31,441,000 $ 129,386 $ 63,000
Hancock, Illinois 90 $ 6,841,000 $ 76,011 $ 59,000
McDonough, Illinois 70 $ 5,214,000 $ 74,485 $ 63,000
Woodford, Illinois 40 $ 5,686,000 $ 142,150 $ 72,000
Rock Island, Illinois 33 $ 3,227,000 $ 97,787 $ 60,000
Warren, Illinois 23 $ 1,655,000 $ 71,956 $ 63,000
Knox, Illinois 18 $ 1,641,000 $ 91,166 $ 84,000
Scott, Iowa 18 $ 1,994,000 $ 110,777 $ 70,000
Fulton, Illinois 17 $ 1,221,000 $ 71,823 $ 52,000
DuPage, Illinois 12 $ 4,181,000 $ 348,416 $ 46,000
Marshall, Illinois 10 $ 1,279,000 $ 127,900 $ 119,000
Lee, Iowa 9 $ 286,000 $ 31,777 $ 55,000
Des Moines, Iowa 8 $ 527,000 $ 65,875 $ 48,000
Adams, Illinois 7 $ 450,000 $ 64,285 $ 43,000
McLean, Illinois 7 $ 667,000 $ 95,285 $ 70,000
Clinton, Iowa 6 $ 654,000 $ 109,000 $ 41,000
Henderson, Illinois 5 $ 356,000 $ 71,200 $ 61,000
Kane, Illinois 5 $ 902,000 $ 180,400 $ 13,000
Cook, Illinois 4 $ 945,000 $ 236,250 $ 16,000
Henry, Illinois 4 $ 332,000 $ 83,000 $ 33,000
Mason, Illinois 4 $ 302,000 $ 75,500 $ 32,000
Logan, Illinois 3 $ 299,000 $ 99,666 $ 57,000
Marion, Missouri 3 $ 16,000 $ 5,333 $ 47,000
Lee, Florida 2 $ 645,000 $ 322,500 $ 164,000
Pinellas, Florida 2 $ 362,000 $ 181,000 $ 161,000
Brown, Illinois 2 $ 23,000 $ 11,500 $ 87,000
De Witt, Illinois 2 $ 96,000 $ 48,000 $ 54,000
Mercer, Illinois 2 $ 231,000 $ 115,500 $ 49,000
Schuyler, Illinois 2 $ 96,000 $ 48,000 $ 75,000
Whiteside, Illinois 2 $ 175,000 $ 87,500 $ 80,000
Muscatine, Iowa 2 $ 116,000 $ 58,000 $ 79,000
Maricopa, Arizona 1 $ 233,000 $ 233,000 $ 81,000
Highlands, Florida 1 $ 45,000 $ 45,000 $ 92,000
Sumter, Florida 1 $ 394,000 $ 394,000 $ 288,000
Bureau, Illinois 1 $ 94,000 $ 94,000 $ 123,000
Carroll, Illinois 1 $ 82,000 $ 82,000 $ 47,000
Champaign, Illinois 1 $ 8,000 $ 8,000 $ 115,000
DeKalb, Illinois 1 $ 311,000 $ 311,000 $ 146,000
Douglas, Illinois 1 $ 70,000 $ 70,000 $ 55,000
Lake, Illinois 1 $ 396,000 $ 396,000 $ 131,000
LaSalle, Illinois 1 $ 32,000 $ 32,000 $ 11,000
Lee, Illinois 1 $ 40,000 $ 40,000 $ 44,000
McHenry, Illinois 1 $ 91,000 $ 91,000 $ 39,000
Morgan, Illinois 1 $ 88,000 $ 88,000 $ 20,000
Pike, Illinois 1 $ 8,000 $ 8,000 $ 58,000
Sangamon, Illinois 1 $ 49,000 $ 49,000 $ 45,000
Stark, Illinois 1 $ 68,000 $ 68,000 $ 68,000
Stephenson, Illinois 1 $ 105,000 $ 105,000 $ 64,000
Will, Illinois 1 $ 169,000 $ 169,000 $ 70,000
Marion, Indiana 1 $ 100,000 $ 100,000 $ 54,000
Benton, Iowa 1 $ 12,000 $ 12,000 $ 45,000
Henry, Iowa 1 $ 4,000 $ 4,000 $ 48,000
Jefferson, Iowa 1 $ 5,000 $ 5,000 $ 41,000
Jones, Iowa 1 $ 104,000 $ 104,000 $ 52,000
Keokuk, Iowa 1 $ 12,000 $ 12,000 $ 26,000
Mahaska, Iowa 1 $ 7,000 $ 7,000 $ 63,000
Monroe, Iowa 1 $ 6,000 $ 6,000 $ 16,000
Polk, Iowa 1 $ 251,000 $ 251,000 $ 118,000
Wapello, Iowa 1 $ 3,000 $ 3,000 $ 68,000
Riley, Kansas 1 $ 130,000 $ 130,000 $ 57,000
Logan, Kentucky 1 $ 94,000 $ 94,000 $ 102,000
Adair, Missouri 1 $ 4,000 $ 4,000 $ 50,000
Knox, Missouri 1 $ 74,000 $ 74,000 $ 65,000
Macon, Missouri 1 $ 26,000 $ 26,000 $ 48,000
Pike, Missouri 1 $ 8,000 $ 8,000 $ 106,000
Shelby, Missouri 1 $ 3,000 $ 3,000 $ 36,000
St. Louis, Missouri 1 $ 400,000 $ 400,000 $ 204,000
Sullivan, Missouri 1 $ 9,000 $ 9,000 $ 78,000
Sarpy, Nebraska 1 $ 233,000 $ 233,000 $ 88,000
Oconee, South Carolina 1 $ 398,000 $ 398,000 $ 184,000
Rutherford, Tennessee 1 $ 144,000 $ 144,000 $ 70,000
Hidalgo, Texas 1 $ 61,000 $ 61,000 $ 84,000
Hood, Texas 1 $ 264,000 $ 264,000 $ 79,000
Kitsap, Washington 1 $ 288,000 $ 288,000 $ 140,000
Dane, Wisconsin 1 $ 197,000 $ 197,000 $ 90,000
Dodge, Wisconsin 1 $ 35,000 $ 35,000 $ 121,000
Walworth, Wisconsin 1 $ 189,000 $ 189,000 $ 0
Natrona, Wyoming 1 $ 235,000 $ 235,000 $ 83,000
Teton, Wyoming 1 $ 500,000 $ 500,000 $ 927,000

Mortgage Loan Application Detail Totals for Fortress Bank in 2015

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 743 $86,465,000 $116,000 $4,960,000 $61,000 $520,000
Refinancing 211 $30,868,000 $146,000 $3,070,000 $92,000 $927,000
Home Improvement 96 $1,024,000 $10,000 $80,000 $58,000 $145,000

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 846 $92,792,000 $109,000 $504,000 $69,000 $927,000
Not Provided 117 $5,355,000 $45,000 $400,000 $62,000 $204,000
Black or African American 31 $3,150,000 $101,000 $259,000 $51,000 $135,000
Hispanic 24 $2,117,000 $88,000 $198,000 $52,000 $161,000
Not applicable 19 $13,289,000 $699,000 $4,960,000 $0 $0
Asian 10 $1,502,000 $150,000 $396,000 $145,000 $520,000
Native Hawaiian or Other Pacific Islander 2 $92,000 $46,000 $87,000 $23,000 $37,000
American Indian or Alaskan Native 1 $60,000 $60,000 $60,000 $11,000 $11,000

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) 764 $85,655,000 $112,000 $4,960,000 $72,000 $927,000
FHA-insured (Federal Housing Administration) 171 $18,591,000 $108,000 $288,000 $50,000 $204,000
VA-guaranteed (Veterans Administration) 73 $9,952,000 $136,000 $309,000 $60,000 $140,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 42 $4,159,000 $99,000 $234,000 $45,000 $82,000

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 821 $97,814,000 $119,000 $4,960,000 $71,000 $927,000
Application Denied By Financial Institution 105 $5,250,000 $50,000 $504,000 $47,000 $230,000
Application Withdrawn By Applicant 97 $9,063,000 $93,000 $311,000 $65,000 $288,000
Loan Purchased By The Institution 17 $5,259,000 $309,000 $928,000 $0 $0
Application Approved But Not Accepted 9 $918,000 $102,000 $253,000 $65,000 $125,000
File Closed For Incompleteness 1 $53,000 $53,000 $53,000 $23,000 $23,000
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 45 $1,971,000 $43,000 $259,000 $53,000 $138,000
Debt-To-Income Ratio 32 $1,641,000 $51,000 $504,000 $47,000 $230,000
Collateral 5 $200,000 $40,000 $67,000 $29,000 $42,000
Other 5 $257,000 $51,000 $120,000 $46,000 $68,000
Insufficient Cash (Downpayment, Closing Cost) 3 $229,000 $76,000 $117,000 $44,000 $100,000
Unverifiable Information 2 $174,000 $87,000 $93,000 $38,000 $44,000
Credit Application Incomplete 1 $72,000 $72,000 $72,000 $51,000 $51,000
Employment History 1 $9,000 $9,000 $9,000 $36,000 $36,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Fortress Bank's 2015 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.
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