Fortress Bank Mortgage Lending & HMDA Data, 2020

In 2020, Fortress Bank of Peoria, IL reported 1,576 mortgage applications totaling $303.9 million, up 129% from 2019. The average application was for $192,848, and applicants reported an average income of $121,187. 90% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Peoria, IL (464), Des Moines-West Des Moines, IA (401) and Davenport-Moline-Rock Island, IA-IL (153) (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 1,576
Total Mortgage Loan Application Amount $303,930,000
Average Mortgage Loan Application Amount $192,848
Highest Mortgage Loan Application Amount $2,705,000
Average Applicant Income $121,187
Highest Applicant Income $4,599,000

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Act (HMDA) records Fortress Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Polk, Iowa 245 $ 49,655,000 $ 202,673 $ 111,000
Peoria, Illinois 239 $ 37,905,000 $ 158,598 $ 117,000
Tazewell, Illinois 193 $ 28,935,000 $ 149,922 $ 84,000
Scott, Iowa 120 $ 25,640,000 $ 213,666 $ 115,000
Hancock, Illinois 114 $ 11,720,000 $ 102,807 $ 78,000
Dallas, Iowa 101 $ 26,665,000 $ 264,009 $ 128,000
McDonough, Illinois 44 $ 4,250,000 $ 96,590 $ 79,000
Warren, Iowa 33 $ 9,235,000 $ 279,848 $ 111,000
Rock Island, Illinois 29 $ 5,095,000 $ 175,689 $ 117,000
DuPage, Illinois 25 $ 7,585,000 $ 303,400 $ 264,000
Kane, Illinois 22 $ 5,530,000 $ 251,363 $ 350,000
Warren, Illinois 22 $ 2,280,000 $ 103,636 $ 139,000
Woodford, Illinois 22 $ 4,290,000 $ 195,000 $ 117,000
Cook, Illinois 18 $ 5,540,000 $ 307,777 $ 188,000
Pinellas, Florida 12 $ 2,300,000 $ 191,666 $ 114,000
Lee, Iowa 12 $ 1,440,000 $ 120,000 $ 69,000
Knox, Illinois 11 $ 1,645,000 $ 149,545 $ 89,000
Marion, Iowa 11 $ 2,665,000 $ 242,272 $ 178,000
Jasper, Iowa 9 $ 1,345,000 $ 149,444 $ 68,000
Burlington, New Jersey 9 $ 2,415,000 $ 268,333 $ 185,000
Will, Illinois 8 $ 1,610,000 $ 201,250 $ 98,000
Madison, Iowa 8 $ 1,790,000 $ 223,750 $ 93,000
Lee, Florida 7 $ 1,725,000 $ 246,428 $ 233,000
Mason, Illinois 7 $ 705,000 $ 100,714 $ 67,000
McLean, Illinois 7 $ 1,035,000 $ 147,857 $ 142,000
Boone, Iowa 7 $ 1,005,000 $ 143,571 $ 64,000
Maricopa, Arizona 6 $ 1,660,000 $ 276,666 $ 1,073,000
Des Moines, Iowa 6 $ 1,250,000 $ 208,333 $ 134,000
Muscatine, Iowa 6 $ 1,040,000 $ 173,333 $ 74,000
Fulton, Illinois 5 $ 705,000 $ 141,000 $ 94,000
Lake, Illinois 5 $ 2,015,000 $ 403,000 $ 393,000
LaSalle, Illinois 5 $ 1,675,000 $ 335,000 $ 99,000
Guthrie, Iowa 5 $ 1,485,000 $ 297,000 $ 119,000
Story, Iowa 5 $ 1,135,000 $ 227,000 $ 72,000
Collier, Florida 4 $ 1,480,000 $ 370,000 $ 151,000
Adams, Illinois 4 $ 370,000 $ 92,500 $ 44,000
Champaign, Illinois 4 $ 390,000 $ 97,500 $ 68,000
McHenry, Illinois 4 $ 990,000 $ 247,500 $ 108,000
Johnson, Iowa 4 $ 760,000 $ 190,000 $ 107,000
Mahaska, Iowa 4 $ 400,000 $ 100,000 $ 36,000
Sarpy, Nebraska 4 $ 1,150,000 $ 287,500 $ 163,000
Milwaukee, Wisconsin 4 $ 870,000 $ 217,500 $ 112,000
Fulton, Georgia 3 $ 1,105,000 $ 368,333 $ 212,000
Henry, Illinois 3 $ 635,000 $ 211,666 $ 75,000
Stark, Illinois 3 $ 395,000 $ 131,666 $ 64,000
Adair, Iowa 3 $ 385,000 $ 128,333 $ 63,000
Bremer, Iowa 3 $ 795,000 $ 265,000 $ 136,000
Clinton, Iowa 3 $ 675,000 $ 225,000 $ 73,000
Dickinson, Iowa 3 $ 1,085,000 $ 361,666 $ 126,000
Poweshiek, Iowa 3 $ 665,000 $ 221,666 $ 99,000
Bristol, Massachusetts 3 $ 965,000 $ 321,666 $ 188,000
Middlesex, Massachusetts 3 $ 605,000 $ 201,666 $ 100,000
Camden, Missouri 3 $ 925,000 $ 308,333 $ 205,000
St. Louis, Missouri 3 $ 945,000 $ 315,000 $ 218,000
Douglas, Nebraska 3 $ 895,000 $ 298,333 $ 139,000
Providence, Rhode Island 3 $ 1,165,000 $ 388,333 $ 138,000
San Diego, California 2 $ 890,000 $ 445,000 $ 182,000
El Paso, Colorado 2 $ 1,060,000 $ 530,000 $ 524,000
Charlotte, Florida 2 $ 460,000 $ 230,000 $ 175,000
Flagler, Florida 2 $ 740,000 $ 370,000 $ 447,000
Hillsborough, Florida 2 $ 370,000 $ 185,000 $ 107,000
Sumter, Florida 2 $ 640,000 $ 320,000 $ 182,000
DeKalb, Illinois 2 $ 510,000 $ 255,000 $ 226,000
Henderson, Illinois 2 $ 170,000 $ 85,000 $ 121,000
Logan, Illinois 2 $ 330,000 $ 165,000 $ 74,000
Marshall, Illinois 2 $ 250,000 $ 125,000 $ 89,000
Whiteside, Illinois 2 $ 340,000 $ 170,000 $ 96,000
Allen, Indiana 2 $ 590,000 $ 295,000 $ 117,000
Elkhart, Indiana 2 $ 590,000 $ 295,000 $ 175,000
Hamilton, Indiana 2 $ 550,000 $ 275,000 $ 149,000
Lake, Indiana 2 $ 320,000 $ 160,000 $ 102,000
Marion, Indiana 2 $ 400,000 $ 200,000 $ 101,000
Cedar, Iowa 2 $ 240,000 $ 120,000 $ 133,000
Cerro Gordo, Iowa 2 $ 330,000 $ 165,000 $ 201,000
Leavenworth, Kansas 2 $ 210,000 $ 105,000 $ 96,000
Norfolk, Massachusetts 2 $ 950,000 $ 475,000 $ 202,000
Van Buren, Michigan 2 $ 1,270,000 $ 635,000 $ 712,000
Dakota, Minnesota 2 $ 490,000 $ 245,000 $ 108,000
Hennepin, Minnesota 2 $ 660,000 $ 330,000 $ 105,000
Clark, Missouri 2 $ 180,000 $ 90,000 $ 48,000
Franklin, Ohio 2 $ 510,000 $ 255,000 $ 92,000
Greenville, South Carolina 2 $ 430,000 $ 215,000 $ 81,000
Brookings, South Dakota 2 $ 500,000 $ 250,000 $ 75,000
Denton, Texas 2 $ 550,000 $ 275,000 $ 91,000
Hays, Texas 2 $ 310,000 $ 155,000 $ 82,000
Jefferson, Alabama 1 $ 75,000 $ 75,000 $ 269,000
Pinal, Arizona 1 $ 255,000 $ 255,000 $ 90,000
Alameda, California 1 $ 345,000 $ 345,000 $ 113,000
Merced, California 1 $ 235,000 $ 235,000 $ 205,000
Grand, Colorado 1 $ 415,000 $ 415,000 $ 95,000
Park, Colorado 1 $ 425,000 $ 425,000 $ 162,000
Fairfield, Connecticut 1 $ 515,000 $ 515,000 $ 1,020,000
Escambia, Florida 1 $ 95,000 $ 95,000 $ 40,000
Indian River, Florida 1 $ 205,000 $ 205,000 $ 119,000
Santa Rosa, Florida 1 $ 135,000 $ 135,000 $ 62,000
DeKalb, Georgia 1 $ 135,000 $ 135,000 $ 204,000
Greene, Georgia 1 $ 305,000 $ 305,000 $ 188,000
Bureau, Illinois 1 $ 85,000 $ 85,000 $ 54,000
Iroquois, Illinois 1 $ 195,000 $ 195,000 $ 133,000
Jo Daviess, Illinois 1 $ 145,000 $ 145,000 $ 33,000
Kendall, Illinois 1 $ 85,000 $ 85,000 $ 28,000
Mercer, Illinois 1 $ 65,000 $ 65,000 $ 66,000
Appanoose, Iowa 1 $ 75,000 $ 75,000 $ 37,000
Butler, Iowa 1 $ 195,000 $ 195,000 $ 116,000
Clarke, Iowa 1 $ 245,000 $ 245,000 $ 97,000
Dubuque, Iowa 1 $ 155,000 $ 155,000 $ 54,000
Grundy, Iowa 1 $ 125,000 $ 125,000 $ 107,000
Jefferson, Iowa 1 $ 65,000 $ 65,000 $ 56,000
Jones, Iowa 1 $ 135,000 $ 135,000 $ 51,000
Linn, Iowa 1 $ 65,000 $ 65,000 $ 32,000
Mills, Iowa 1 $ 155,000 $ 155,000 $ 164,000
Sioux, Iowa 1 $ 235,000 $ 235,000 $ 114,000
Worth, Iowa 1 $ 85,000 $ 85,000 $ 16,000
Wyandotte, Kansas 1 $ 225,000 $ 225,000 $ 56,000
Boone, Kentucky 1 $ 235,000 $ 235,000 $ 91,000
East Baton Rouge, Louisiana 1 $ 505,000 $ 505,000 $ 365,000
Orleans, Louisiana 1 $ 305,000 $ 305,000 $ 191,000
Barnstable, Massachusetts 1 $ 395,000 $ 395,000 $ 100,000
Worcester, Massachusetts 1 $ 445,000 $ 445,000 $ 264,000
Alpena, Michigan 1 $ 115,000 $ 115,000 $ 105,000
Wayne, Michigan 1 $ 225,000 $ 225,000 $ 122,000
Carver, Minnesota 1 $ 325,000 $ 325,000 $ 238,000
Wright, Minnesota 1 $ 265,000 $ 265,000 $ 129,000
Lamar, Mississippi 1 $ 165,000 $ 165,000 $ 155,000
Clay, Missouri 1 $ 305,000 $ 305,000 $ 223,000
St. Charles, Missouri 1 $ 245,000 $ 245,000 $ 52,000
St. Louis City, Missouri 1 $ 195,000 $ 195,000 $ 66,000
Buffalo, Nebraska 1 $ 295,000 $ 295,000 $ 155,000
Washington, Nebraska 1 $ 355,000 $ 355,000 $ 66,000
Clark, Nevada 1 $ 265,000 $ 265,000 $ 114,000
Atlantic, New Jersey 1 $ 155,000 $ 155,000 $ 209,000
Camden, New Jersey 1 $ 205,000 $ 205,000 $ 168,000
Mercer, New Jersey 1 $ 495,000 $ 495,000 $ 178,000
Iredell, North Carolina 1 $ 425,000 $ 425,000 $ 115,000
McDowell, North Carolina 1 $ 195,000 $ 195,000 $ 135,000
Mecklenburg, North Carolina 1 $ 565,000 $ 565,000 $ 291,000
Wake, North Carolina 1 $ 205,000 $ 205,000 $ 288,000
Hamilton, Ohio 1 $ 285,000 $ 285,000 $ 154,000
Chester, Pennsylvania 1 $ 205,000 $ 205,000 $ 92,000
Northampton, Pennsylvania 1 $ 275,000 $ 275,000 $ 147,000
Charleston, South Carolina 1 $ 45,000 $ 45,000 $ 72,000
Knox, Tennessee 1 $ 125,000 $ 125,000 $ 80,000
Shelby, Tennessee 1 $ 285,000 $ 285,000 $ 170,000
Dallas, Texas 1 $ 295,000 $ 295,000 $ 123,000
Harris, Texas 1 $ 435,000 $ 435,000 $ 70,000
Virginia Beach, Virginia 1 $ 355,000 $ 355,000 $ 204,000
Kitsap, Washington 1 $ 405,000 $ 405,000 $ 159,000
Brown, Wisconsin 1 $ 405,000 $ 405,000 $ 277,000
Chippewa, Wisconsin 1 $ 245,000 $ 245,000 $ 108,000
Door, Wisconsin 1 $ 515,000 $ 515,000 $ 232,000
Waushara, Wisconsin 1 $ 235,000 $ 235,000 $ 260,000

Mortgage Loan Application Detail Totals for Fortress Bank in 2020

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
Refinancing 703 $140,375,000 $199,000 $1,325,000 $136,000 $4,599,000
Home Purchase 600 $110,110,000 $183,000 $2,705,000 $99,000 $944,000
Cash-out Refinancing 269 $51,935,000 $193,000 $565,000 $132,000 $889,000
Home Improvement 4 $1,510,000 $377,000 $1,285,000 $119,000 $130,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 1,315 $240,865,000 $183,000 $565,000 $118,000 $4,599,000
Not Provided 128 $29,430,000 $229,000 $755,000 $143,000 $1,020,000
Hispanic 32 $5,620,000 $175,000 $545,000 $114,000 $426,000
Asian 29 $7,055,000 $243,000 $435,000 $142,000 $485,000
Not applicable 26 $11,330,000 $435,000 $2,705,000 $708,000 $708,000
Black or African American 24 $4,210,000 $175,000 $565,000 $96,000 $186,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 1,414 $279,670,000 $197,000 $2,705,000 $128,000 $4,599,000
FHA-insured (Federal Housing Administration) 87 $11,375,000 $130,000 $315,000 $57,000 $160,000
VA-guaranteed (Veterans Administration) 43 $9,095,000 $211,000 $565,000 $81,000 $218,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 32 $3,790,000 $118,000 $235,000 $54,000 $101,000

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 1,419 $277,535,000 $195,000 $2,705,000 $120,000 $1,362,000
Application Withdrawn By Applicant 103 $19,065,000 $185,000 $645,000 $159,000 $4,599,000
Application Denied By Financial Institution 43 $5,045,000 $117,000 $495,000 $62,000 $237,000
Application Approved But Not Accepted 11 $2,285,000 $207,000 $505,000 $126,000 $254,000
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
Not applicable 1,533 $298,885,000 $194,000 $2,705,000 $123,000 $4,599,000
Credit History 23 $2,445,000 $106,000 $495,000 $63,000 $234,000
Debt-To-Income Ratio 10 $1,460,000 $146,000 $405,000 $70,000 $237,000
Collateral 5 $595,000 $119,000 $285,000 $60,000 $101,000
Employment History 4 $470,000 $117,000 $315,000 $42,000 $79,000
Unverifiable Information 1 $75,000 $75,000 $75,000 $46,000 $46,000
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
Other 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Fortress Bank's 2020 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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