Fortress Bank Mortgage Lending & HMDA Data, 2022

In 2022, Fortress Bank of Peoria, IL reported 625 mortgage applications totaling $119.1 million, down 55% from 2021. The average application was for $190,520, and applicants reported an average income of $102,363. 75% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Peoria, IL (211), Des Moines-West Des Moines, IA (141) and Davenport-Moline-Rock Island, IA-IL (33) (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 625
Total Mortgage Loan Application Amount $119,075,000
Average Mortgage Loan Application Amount $190,520
Highest Mortgage Loan Application Amount $1,195,000
Average Applicant Income $102,363
Highest Applicant Income $1,105,000

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Act (HMDA) records Fortress Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Peoria, Illinois 100 $ 13,640,000 $ 136,400 $ 99,000
Tazewell, Illinois 96 $ 11,960,000 $ 124,583 $ 67,000
Polk, Iowa 82 $ 18,400,000 $ 224,390 $ 109,000
Hancock, Illinois 45 $ 4,505,000 $ 100,111 $ 71,000
Dallas, Iowa 41 $ 11,595,000 $ 282,804 $ 114,000
McDonough, Illinois 25 $ 2,455,000 $ 98,200 $ 72,000
Scott, Iowa 17 $ 3,885,000 $ 228,529 $ 87,000
DuPage, Illinois 9 $ 2,295,000 $ 255,000 $ 159,000
Kane, Illinois 9 $ 2,105,000 $ 233,888 $ 183,000
Rock Island, Illinois 9 $ 1,985,000 $ 220,555 $ 129,000
Woodford, Illinois 9 $ 1,835,000 $ 203,888 $ 136,000
Cook, Illinois 8 $ 2,440,000 $ 305,000 $ 0
Jasper, Iowa 8 $ 1,160,000 $ 145,000 $ 66,000
Warren, Iowa 8 $ 2,040,000 $ 255,000 $ 88,000
Henry, Illinois 5 $ 1,595,000 $ 319,000 $ 109,000
Knox, Illinois 5 $ 295,000 $ 59,000 $ 86,000
Lee, Iowa 5 $ 385,000 $ 77,000 $ 77,000
Marion, Iowa 5 $ 1,255,000 $ 251,000 $ 85,000
Lake, Illinois 4 $ 1,910,000 $ 477,500 $ 0
Warren, Illinois 4 $ 490,000 $ 122,500 $ 117,000
Will, Illinois 4 $ 690,000 $ 172,500 $ 62,000
Sacramento, California 3 $ 1,325,000 $ 441,666 $ 118,000
Fulton, Illinois 3 $ 415,000 $ 138,333 $ 76,000
Henderson, Illinois 3 $ 325,000 $ 108,333 $ 59,000
Mason, Illinois 3 $ 165,000 $ 55,000 $ 38,000
Linn, Iowa 3 $ 505,000 $ 168,333 $ 51,000
Story, Iowa 3 $ 735,000 $ 245,000 $ 120,000
Webster, Iowa 3 $ 385,000 $ 128,333 $ 78,000
Shelby, Tennessee 3 $ 305,000 $ 101,666 $ 198,000
Maricopa, Arizona 2 $ 1,510,000 $ 755,000 $ 227,000
Pima, Arizona 2 $ 1,470,000 $ 735,000 $ 400,000
Lee, Florida 2 $ 490,000 $ 245,000 $ 138,000
Martin, Florida 2 $ 690,000 $ 345,000 $ 857,000
Palm Beach, Florida 2 $ 570,000 $ 285,000 $ 86,000
Pinellas, Florida 2 $ 490,000 $ 245,000 $ 216,000
Sarasota, Florida 2 $ 650,000 $ 325,000 $ 347,000
Macon, Illinois 2 $ 300,000 $ 150,000 $ 85,000
Marshall, Illinois 2 $ 160,000 $ 80,000 $ 45,000
Mercer, Illinois 2 $ 190,000 $ 95,000 $ 48,000
Lake, Indiana 2 $ 210,000 $ 105,000 $ 140,000
St. Joseph, Indiana 2 $ 200,000 $ 100,000 $ 74,000
Sullivan, Indiana 2 $ 420,000 $ 210,000 $ 81,000
Des Moines, Iowa 2 $ 120,000 $ 60,000 $ 59,000
Jones, Iowa 2 $ 450,000 $ 225,000 $ 68,000
Keokuk, Iowa 2 $ 320,000 $ 160,000 $ 57,000
Mahaska, Iowa 2 $ 180,000 $ 90,000 $ 43,000
East Baton Rouge, Louisiana 2 $ 380,000 $ 190,000 $ 198,000
Jackson, Missouri 2 $ 250,000 $ 125,000 $ 162,000
St. Louis City, Missouri 2 $ 440,000 $ 220,000 $ 190,000
Mecklenburg, North Carolina 2 $ 550,000 $ 275,000 $ 131,000
Charleston, South Carolina 2 $ 1,710,000 $ 855,000 $ 1,105,000
Benton, Arkansas 1 $ 505,000 $ 505,000 $ 312,000
Alameda, California 1 $ 415,000 $ 415,000 $ 129,000
Fairfield, Connecticut 1 $ 275,000 $ 275,000 $ 129,000
Bay, Florida 1 $ 55,000 $ 55,000 $ 47,000
Collier, Florida 1 $ 95,000 $ 95,000 $ 0
Escambia, Florida 1 $ 165,000 $ 165,000 $ 46,000
Indian River, Florida 1 $ 325,000 $ 325,000 $ 147,000
Manatee, Florida 1 $ 135,000 $ 135,000 $ 115,000
Gwinnett, Georgia 1 $ 405,000 $ 405,000 $ 476,000
Adams, Illinois 1 $ 105,000 $ 105,000 $ 50,000
Christian, Illinois 1 $ 75,000 $ 75,000 $ 68,000
DeKalb, Illinois 1 $ 115,000 $ 115,000 $ 101,000
Grundy, Illinois 1 $ 65,000 $ 65,000 $ 0
Hardin, Illinois 1 $ 95,000 $ 95,000 $ 21,000
Jo Daviess, Illinois 1 $ 145,000 $ 145,000 $ 437,000
Macoupin, Illinois 1 $ 75,000 $ 75,000 $ 25,000
McLean, Illinois 1 $ 175,000 $ 175,000 $ 60,000
Schuyler, Illinois 1 $ 45,000 $ 45,000 $ 24,000
Stark, Illinois 1 $ 215,000 $ 215,000 $ 73,000
Allen, Indiana 1 $ 165,000 $ 165,000 $ 0
Elkhart, Indiana 1 $ 115,000 $ 115,000 $ 75,000
Hamilton, Indiana 1 $ 315,000 $ 315,000 $ 0
Appanoose, Iowa 1 $ 855,000 $ 855,000 $ 140,000
Boone, Iowa 1 $ 95,000 $ 95,000 $ 40,000
Cedar, Iowa 1 $ 75,000 $ 75,000 $ 13,000
Clinton, Iowa 1 $ 185,000 $ 185,000 $ 119,000
Franklin, Iowa 1 $ 105,000 $ 105,000 $ 59,000
Guthrie, Iowa 1 $ 45,000 $ 45,000 $ 104,000
Johnson, Iowa 1 $ 305,000 $ 305,000 $ 70,000
Madison, Iowa 1 $ 205,000 $ 205,000 $ 114,000
Muscatine, Iowa 1 $ 95,000 $ 95,000 $ 53,000
Osceola, Iowa 1 $ 145,000 $ 145,000 $ 42,000
Calloway, Kentucky 1 $ 105,000 $ 105,000 $ 0
Berrien, Michigan 1 $ 205,000 $ 205,000 $ 0
Cass, Michigan 1 $ 345,000 $ 345,000 $ 0
Marquette, Michigan 1 $ 245,000 $ 245,000 $ 0
Oakland, Michigan 1 $ 395,000 $ 395,000 $ 0
Olmsted, Minnesota 1 $ 225,000 $ 225,000 $ 240,000
Rice, Minnesota 1 $ 195,000 $ 195,000 $ 23,000
St. Louis, Minnesota 1 $ 505,000 $ 505,000 $ 198,000
Washington, Minnesota 1 $ 235,000 $ 235,000 $ 127,000
Boone, Missouri 1 $ 155,000 $ 155,000 $ 175,000
Clark, Missouri 1 $ 345,000 $ 345,000 $ 111,000
Morgan, Missouri 1 $ 305,000 $ 305,000 $ 278,000
Putnam, Missouri 1 $ 85,000 $ 85,000 $ 79,000
St. Louis, Missouri 1 $ 425,000 $ 425,000 $ 278,000
Camden, New Jersey 1 $ 245,000 $ 245,000 $ 383,000
Buncombe, North Carolina 1 $ 555,000 $ 555,000 $ 124,000
Cass, North Dakota 1 $ 915,000 $ 915,000 $ 650,000
Multnomah, Oregon 1 $ 315,000 $ 315,000 $ 169,000
Umatilla, Oregon 1 $ 265,000 $ 265,000 $ 79,000
Allegheny, Pennsylvania 1 $ 505,000 $ 505,000 $ 110,000
Monroe, Tennessee 1 $ 645,000 $ 645,000 $ 185,000
Williamson, Tennessee 1 $ 1,195,000 $ 1,195,000 $ 0
Wilson, Tennessee 1 $ 465,000 $ 465,000 $ 167,000
Bastrop, Texas 1 $ 325,000 $ 325,000 $ 0
Bexar, Texas 1 $ 335,000 $ 335,000 $ 99,000
Racine, Wisconsin 1 $ 125,000 $ 125,000 $ 345,000
Natrona, Wyoming 1 $ 395,000 $ 395,000 $ 164,000

Mortgage Loan Application Detail Totals for Fortress Bank in 2022

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 477 $93,295,000 $195,000 $1,195,000 $101,000 $1,105,000
Refinancing 83 $16,875,000 $203,000 $855,000 $122,000 $400,000
Cash-out Refinancing 62 $8,640,000 $139,000 $505,000 $90,000 $278,000
Other Purpose 2 $200,000 $100,000 $115,000 $23,000 $35,000
Home Improvement 1 $65,000 $65,000 $65,000 $48,000 $48,000
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 466 $81,910,000 $175,000 $915,000 $98,000 $1,105,000
Not Provided 56 $11,310,000 $201,000 $535,000 $129,000 $536,000
Not applicable 41 $13,315,000 $324,000 $1,195,000 $0 $0
Hispanic 22 $3,520,000 $160,000 $365,000 $97,000 $382,000
Black or African American 12 $1,580,000 $131,000 $295,000 $93,000 $345,000
Asian 11 $2,965,000 $269,000 $445,000 $107,000 $284,000
American Indian or Alaskan Native 2 $240,000 $120,000 $155,000 $53,000 $59,000
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) 507 $100,515,000 $198,000 $1,195,000 $112,000 $1,105,000
FHA-insured (Federal Housing Administration) 79 $12,175,000 $154,000 $355,000 $63,000 $216,000
VA-guaranteed (Veterans Administration) 21 $4,335,000 $206,000 $385,000 $89,000 $217,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 18 $2,050,000 $113,000 $265,000 $52,000 $91,000

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 468 $83,780,000 $179,000 $915,000 $103,000 $1,105,000
Application Withdrawn By Applicant 86 $18,210,000 $211,000 $735,000 $110,000 $575,000
Loan Purchased By The Institution 41 $13,315,000 $324,000 $1,195,000 $0 $0
Application Denied By Financial Institution 30 $3,770,000 $125,000 $325,000 $66,000 $216,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 595 $115,305,000 $193,000 $1,195,000 $104,000 $1,105,000
Credit History 8 $900,000 $112,000 $255,000 $87,000 $216,000
Debt-To-Income Ratio 8 $1,390,000 $173,000 $325,000 $51,000 $91,000
Collateral 4 $280,000 $70,000 $85,000 $78,000 $130,000
Other 3 $485,000 $161,000 $275,000 $85,000 $92,000
Unverifiable Information 3 $285,000 $95,000 $135,000 $40,000 $54,000
Employment History 2 $220,000 $110,000 $195,000 $22,000 $23,000
Insufficient Cash (Downpayment, Closing Cost) 1 $155,000 $155,000 $155,000 $120,000 $120,000
Credit Application Incomplete 1 $55,000 $55,000 $55,000 $30,000 $30,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Fortress Bank's 2022 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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