Fortress Bank Mortgage Lending & HMDA Data, 2017

In 2017, Fortress Bank of Peoria, IL reported 726 mortgage applications totaling $85.8 million, down 20% from 2016. The average application was for $118,128, and applicants reported an average income of $91,862. 85% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Peoria, IL (348), Davenport-Moline-Rock Island, IA-IL (80) and Chicago-Naperville-Arlington Heights, IL (16) (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 726
Total Mortgage Loan Application Amount $85,761,000
Average Mortgage Loan Application Amount $118,128
Highest Mortgage Loan Application Amount $1,460,000
Average Applicant Income $91,862
Highest Applicant Income $797,000

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Act (HMDA) records Fortress Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Peoria, Illinois 180 $ 20,642,000 $ 114,677 $ 121,000
Tazewell, Illinois 141 $ 16,894,000 $ 119,815 $ 69,000
Hancock, Illinois 73 $ 5,036,000 $ 68,986 $ 65,000
McDonough, Illinois 55 $ 3,397,000 $ 61,763 $ 69,000
Scott, Iowa 42 $ 7,198,000 $ 171,380 $ 89,000
Rock Island, Illinois 30 $ 4,685,000 $ 156,166 $ 79,000
Warren, Illinois 25 $ 1,801,000 $ 72,040 $ 70,000
Woodford, Illinois 24 $ 3,750,000 $ 156,250 $ 102,000
Lee, Iowa 15 $ 857,000 $ 57,133 $ 47,000
Knox, Illinois 10 $ 445,000 $ 44,500 $ 57,000
DuPage, Illinois 9 $ 2,975,000 $ 330,555 $ 185,000
Kane, Illinois 8 $ 1,866,000 $ 233,250 $ 211,000
Henry, Illinois 7 $ 1,066,000 $ 152,285 $ 103,000
Des Moines, Iowa 7 $ 211,000 $ 30,142 $ 65,000
Adams, Illinois 5 $ 320,000 $ 64,000 $ 70,000
Cook, Illinois 5 $ 1,140,000 $ 228,000 $ 197,000
Mason, Illinois 5 $ 649,000 $ 129,800 $ 42,000
Fulton, Illinois 4 $ 503,000 $ 125,750 $ 52,000
McLean, Illinois 4 $ 200,000 $ 50,000 $ 100,000
Henry, Iowa 4 $ 66,000 $ 16,500 $ 56,000
Muscatine, Iowa 4 $ 790,000 $ 197,500 $ 93,000
Champaign, Illinois 3 $ 451,000 $ 150,333 $ 73,000
Marshall, Illinois 3 $ 235,000 $ 78,333 $ 84,000
Brown, Illinois 2 $ 26,000 $ 13,000 $ 47,000
Schuyler, Illinois 2 $ 138,000 $ 69,000 $ 32,000
Cedar, Iowa 2 $ 249,000 $ 124,500 $ 47,000
Jefferson, Iowa 2 $ 146,000 $ 73,000 $ 91,000
Clay, Missouri 2 $ 479,000 $ 239,500 $ 93,000
Lewis, Missouri 2 $ 10,000 $ 5,000 $ 56,000
Marion, Missouri 2 $ 13,000 $ 6,500 $ 37,000
Clark, Nevada 2 $ 315,000 $ 157,500 $ 158,000
Oconee, South Carolina 2 $ 1,520,000 $ 760,000 $ 459,000
Shelby, Tennessee 2 $ 116,000 $ 58,000 $ 195,000
San Diego, California 1 $ 613,000 $ 613,000 $ 366,000
Lee, Florida 1 $ 365,000 $ 365,000 $ 120,000
Marion, Florida 1 $ 424,000 $ 424,000 $ 149,000
Orange, Florida 1 $ 1,100,000 $ 1,100,000 $ 475,000
Osceola, Florida 1 $ 128,000 $ 128,000 $ 64,000
Pinellas, Florida 1 $ 247,000 $ 247,000 $ 81,000
DeKalb, Georgia 1 $ 160,000 $ 160,000 $ 172,000
Bureau, Illinois 1 $ 70,000 $ 70,000 $ 33,000
Henderson, Illinois 1 $ 60,000 $ 60,000 $ 81,000
Iroquois, Illinois 1 $ 10,000 $ 10,000 $ 50,000
Jersey, Illinois 1 $ 144,000 $ 144,000 $ 48,000
Jo Daviess, Illinois 1 $ 90,000 $ 90,000 $ 93,000
Logan, Illinois 1 $ 54,000 $ 54,000 $ 126,000
McHenry, Illinois 1 $ 113,000 $ 113,000 $ 35,000
Mercer, Illinois 1 $ 83,000 $ 83,000 $ 59,000
Pike, Illinois 1 $ 8,000 $ 8,000 $ 73,000
Vermilion, Illinois 1 $ 9,000 $ 9,000 $ 96,000
Whiteside, Illinois 1 $ 139,000 $ 139,000 $ 51,000
Will, Illinois 1 $ 150,000 $ 150,000 $ 75,000
Lake, Indiana 1 $ 216,000 $ 216,000 $ 202,000
Marion, Indiana 1 $ 313,000 $ 313,000 $ 125,000
St. Joseph, Indiana 1 $ 207,000 $ 207,000 $ 130,000
Clinton, Iowa 1 $ 520,000 $ 520,000 $ 175,000
Wapello, Iowa 1 $ 4,000 $ 4,000 $ 36,000
East Baton Rouge, Louisiana 1 $ 176,000 $ 176,000 $ 277,000
Kent, Michigan 1 $ 171,000 $ 171,000 $ 51,000
Wayne, Michigan 1 $ 266,000 $ 266,000 $ 138,000
Washington, Minnesota 1 $ 389,000 $ 389,000 $ 105,000
Adair, Missouri 1 $ 20,000 $ 20,000 $ 36,000
Camden, Missouri 1 $ 150,000 $ 150,000 $ 0
Clark, Missouri 1 $ 137,000 $ 137,000 $ 96,000
Monroe, Missouri 1 $ 3,000 $ 3,000 $ 81,000
Pulaski, Missouri 1 $ 98,000 $ 98,000 $ 85,000
Ralls, Missouri 1 $ 8,000 $ 8,000 $ 175,000
St. Charles, Missouri 1 $ 165,000 $ 165,000 $ 99,000
St. Louis City, Missouri 1 $ 60,000 $ 60,000 $ 107,000
Sullivan, Missouri 1 $ 17,000 $ 17,000 $ 34,000
Greene, Ohio 1 $ 6,000 $ 6,000 $ 136,000
Charleston, South Carolina 1 $ 100,000 $ 100,000 $ 49,000
Dallas, Texas 1 $ 305,000 $ 305,000 $ 132,000
Hays, Texas 1 $ 148,000 $ 148,000 $ 125,000
Dodge, Wisconsin 1 $ 61,000 $ 61,000 $ 25,000
Vilas, Wisconsin 1 $ 65,000 $ 65,000 $ 279,000

Mortgage Loan Application Detail Totals for Fortress Bank in 2017

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 532 $68,794,000 $129,000 $1,100,000 $93,000 $751,000
Refinancing 111 $15,514,000 $139,000 $1,460,000 $105,000 $797,000
Home Improvement 83 $1,453,000 $17,000 $204,000 $67,000 $200,000

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 657 $77,648,000 $118,000 $1,460,000 $94,000 $797,000
Hispanic 26 $2,729,000 $104,000 $424,000 $68,000 $364,000
Not Provided 22 $3,339,000 $151,000 $471,000 $99,000 $197,000
Black or African American 13 $1,129,000 $86,000 $206,000 $46,000 $87,000
Asian 7 $766,000 $109,000 $224,000 $99,000 $164,000
Not applicable 1 $150,000 $150,000 $150,000 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 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) 552 $64,690,000 $117,000 $1,460,000 $102,000 $797,000
FHA-insured (Federal Housing Administration) 105 $10,689,000 $101,000 $247,000 $53,000 $158,000
VA-guaranteed (Veterans Administration) 40 $7,515,000 $187,000 $568,000 $83,000 $243,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 29 $2,867,000 $98,000 $162,000 $52,000 $78,000

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 614 $74,738,000 $121,000 $1,460,000 $95,000 $797,000
Application Approved But Not Accepted 54 $4,667,000 $86,000 $417,000 $77,000 $610,000
Application Denied By Financial Institution 50 $4,967,000 $99,000 $1,040,000 $68,000 $597,000
Application Withdrawn By Applicant 6 $713,000 $118,000 $220,000 $87,000 $202,000
File Closed For Incompleteness 2 $676,000 $338,000 $568,000 $136,000 $243,000
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
Credit History 27 $2,121,000 $78,000 $520,000 $62,000 $175,000
Collateral 8 $1,585,000 $198,000 $1,040,000 $123,000 $597,000
Debt-To-Income Ratio 7 $650,000 $92,000 $245,000 $55,000 $107,000
Other 5 $271,000 $54,000 $128,000 $47,000 $64,000
Employment History 2 $106,000 $53,000 $54,000 $26,000 $33,000
Insufficient Cash (Downpayment, Closing Cost) 1 $234,000 $234,000 $234,000 $68,000 $68,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 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 2017 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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