Fortress Bank Mortgage Lending & HMDA Data, 2024

In 2024, Fortress Bank of Peoria, IL reported 853 mortgage applications totaling $216.3 million, about the same as 2023. The average application was for $253,558, and applicants reported an average income of $103,844. 82% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Des Moines-West Des Moines, IA (444), Peoria, IL (122) and Davenport-Moline-Rock Island, IA-IL (38) (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 853
Total Mortgage Loan Application Amount $216,285,000
Average Mortgage Loan Application Amount $253,558
Highest Mortgage Loan Application Amount $19,805,000
Average Applicant Income $103,844
Highest Applicant Income $3,107,000

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Act (HMDA) records Fortress Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2024

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Polk, Iowa 304 $ 68,400,000 $ 225,000 $ 93,000
Peoria, Illinois 82 $ 12,980,000 $ 158,292 $ 93,000
Dallas, Iowa 72 $ 22,400,000 $ 311,111 $ 125,000
Warren, Iowa 38 $ 9,300,000 $ 244,736 $ 107,000
Tazewell, Illinois 37 $ 4,365,000 $ 117,972 $ 61,000
Hancock, Illinois 32 $ 3,190,000 $ 99,687 $ 89,000
Scott, Iowa 28 $ 4,610,000 $ 164,642 $ 85,000
McDonough, Illinois 22 $ 1,820,000 $ 82,727 $ 72,000
Marion, Iowa 18 $ 3,760,000 $ 208,888 $ 87,000
Madison, Iowa 15 $ 4,215,000 $ 281,000 $ 90,000
DuPage, Illinois 11 $ 3,725,000 $ 338,636 $ 0
Marshall, Iowa 11 $ 1,725,000 $ 156,818 $ 72,000
Jasper, Iowa 10 $ 1,810,000 $ 181,000 $ 62,000
Rock Island, Illinois 9 $ 1,075,000 $ 119,444 $ 70,000
Boone, Iowa 9 $ 1,415,000 $ 157,222 $ 69,000
Linn, Iowa 7 $ 1,925,000 $ 275,000 $ 150,000
Story, Iowa 7 $ 2,455,000 $ 350,714 $ 166,000
Poweshiek, Iowa 6 $ 860,000 $ 143,333 $ 58,000
Clarke, Iowa 5 $ 905,000 $ 181,000 $ 54,000
Guthrie, Iowa 5 $ 1,035,000 $ 207,000 $ 70,000
Lee, Iowa 5 $ 725,000 $ 145,000 $ 113,000
Maricopa, Arizona 4 $ 950,000 $ 237,500 $ 203,000
Cook, Illinois 4 $ 1,970,000 $ 492,500 $ 0
Fulton, Illinois 4 $ 280,000 $ 70,000 $ 48,000
Lake, Indiana 4 $ 860,000 $ 215,000 $ 295,000
Des Moines, Iowa 4 $ 410,000 $ 102,500 $ 139,000
Mahaska, Iowa 4 $ 720,000 $ 180,000 $ 87,000
Kane, Illinois 3 $ 485,000 $ 161,666 $ 0
McLean, Illinois 3 $ 725,000 $ 241,666 $ 89,000
Woodford, Illinois 3 $ 1,255,000 $ 418,333 $ 0
Jefferson, Iowa 3 $ 675,000 $ 225,000 $ 77,000
Dakota, Minnesota 3 $ 895,000 $ 298,333 $ 184,000
Jefferson, Alabama 2 $ 350,000 $ 175,000 $ 0
San Diego, California 2 $ 2,140,000 $ 1,070,000 $ 0
Collier, Florida 2 $ 2,760,000 $ 1,380,000 $ 190,000
Martin, Florida 2 $ 550,000 $ 275,000 $ 0
Adams, Illinois 2 $ 290,000 $ 145,000 $ 52,000
Carroll, Illinois 2 $ 470,000 $ 235,000 $ 159,000
Henderson, Illinois 2 $ 310,000 $ 155,000 $ 66,000
Knox, Illinois 2 $ 210,000 $ 105,000 $ 52,000
Mason, Illinois 2 $ 160,000 $ 80,000 $ 43,000
Warren, Illinois 2 $ 480,000 $ 240,000 $ 81,000
St. Joseph, Indiana 2 $ 170,000 $ 85,000 $ 80,000
Clinton, Iowa 2 $ 410,000 $ 205,000 $ 141,000
Webster, Iowa 2 $ 310,000 $ 155,000 $ 80,000
Williamson, Tennessee 2 $ 4,150,000 $ 2,075,000 $ 0
Douglas, Wisconsin 2 $ 530,000 $ 265,000 $ 221,000
Pima, Arizona 1 $ 455,000 $ 455,000 $ 1,096,000
Pinal, Arizona 1 $ 1,915,000 $ 1,915,000 $ 0
Riverside, California 1 $ 1,005,000 $ 1,005,000 $ 0
San Bernardino, California 1 $ 565,000 $ 565,000 $ 176,000
Manatee, Florida 1 $ 2,705,000 $ 2,705,000 $ 1,145,000
Osceola, Florida 1 $ 535,000 $ 535,000 $ 154,000
Sarasota, Florida 1 $ 405,000 $ 405,000 $ 3,107,000
DeKalb, Georgia 1 $ 855,000 $ 855,000 $ 0
Champaign, Illinois 1 $ 19,805,000 $ 19,805,000 $ 0
Douglas, Illinois 1 $ 65,000 $ 65,000 $ 0
Henry, Illinois 1 $ 85,000 $ 85,000 $ 31,000
LaSalle, Illinois 1 $ 275,000 $ 275,000 $ 125,000
Madison, Illinois 1 $ 115,000 $ 115,000 $ 43,000
Ogle, Illinois 1 $ 535,000 $ 535,000 $ 0
Will, Illinois 1 $ 335,000 $ 335,000 $ 0
Audubon, Iowa 1 $ 65,000 $ 65,000 $ 44,000
Black Hawk, Iowa 1 $ 145,000 $ 145,000 $ 65,000
Cass, Iowa 1 $ 75,000 $ 75,000 $ 93,000
Decatur, Iowa 1 $ 365,000 $ 365,000 $ 103,000
Hardin, Iowa 1 $ 85,000 $ 85,000 $ 43,000
Henry, Iowa 1 $ 355,000 $ 355,000 $ 72,000
Jackson, Iowa 1 $ 175,000 $ 175,000 $ 131,000
Lucas, Iowa 1 $ 55,000 $ 55,000 $ 33,000
Monroe, Iowa 1 $ 115,000 $ 115,000 $ 55,000
Muscatine, Iowa 1 $ 45,000 $ 45,000 $ 0
Wapello, Iowa 1 $ 285,000 $ 285,000 $ 69,000
Sedgwick, Kansas 1 $ 165,000 $ 165,000 $ 48,000
Kenton, Kentucky 1 $ 395,000 $ 395,000 $ 103,000
Camden, Missouri 1 $ 415,000 $ 415,000 $ 321,000
Clay, Missouri 1 $ 655,000 $ 655,000 $ 312,000
Jackson, Missouri 1 $ 125,000 $ 125,000 $ 159,000
Lewis, Missouri 1 $ 135,000 $ 135,000 $ 77,000
St. Louis, Missouri 1 $ 485,000 $ 485,000 $ 225,000
Stone, Missouri 1 $ 145,000 $ 145,000 $ 0
Lewis and Clark, Montana 1 $ 705,000 $ 705,000 $ 178,000
Dawes, Nebraska 1 $ 345,000 $ 345,000 $ 92,000
Dawson, Nebraska 1 $ 145,000 $ 145,000 $ 58,000
Washoe, Nevada 1 $ 135,000 $ 135,000 $ 44,000
Middlesex, New Jersey 1 $ 555,000 $ 555,000 $ 242,000
Haywood, North Carolina 1 $ 485,000 $ 485,000 $ 335,000
Mecklenburg, North Carolina 1 $ 265,000 $ 265,000 $ 213,000
Cuyahoga, Ohio 1 $ 215,000 $ 215,000 $ 140,000
Dauphin, Pennsylvania 1 $ 245,000 $ 245,000 $ 90,000
York, Pennsylvania 1 $ 255,000 $ 255,000 $ 99,000
Davidson, Tennessee 1 $ 365,000 $ 365,000 $ 90,000
Franklin, Tennessee 1 $ 1,495,000 $ 1,495,000 $ 0
Collin, Texas 1 $ 235,000 $ 235,000 $ 125,000
Comal, Texas 1 $ 775,000 $ 775,000 $ 0
Clark, Washington 1 $ 325,000 $ 325,000 $ 0
Langlade, Wisconsin 1 $ 85,000 $ 85,000 $ 152,000

Mortgage Loan Application Detail Totals for Fortress Bank in 2024

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 739 $170,885,000 $231,000 $2,705,000 $101,000 $3,107,000
Refinancing 64 $38,320,000 $598,000 $19,805,000 $111,000 $394,000
Cash-out Refinancing 48 $7,000,000 $145,000 $745,000 $131,000 $540,000
Home Improvement 2 $80,000 $40,000 $55,000 $274,000 $274,000
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 561 $114,675,000 $204,000 $2,705,000 $99,000 $1,145,000
Hispanic 82 $16,110,000 $196,000 $475,000 $75,000 $184,000
Not applicable 74 $51,970,000 $702,000 $19,805,000 $0 $0
Black or African American 66 $15,190,000 $230,000 $595,000 $100,000 $308,000
Not Provided 44 $12,220,000 $277,000 $765,000 $218,000 $3,107,000
Asian 19 $4,875,000 $256,000 $555,000 $108,000 $246,000
American Indian or Alaskan Native 7 $1,245,000 $177,000 $205,000 $68,000 $139,000
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) 640 $169,350,000 $264,000 $19,805,000 $111,000 $3,107,000
FHA-insured (Federal Housing Administration) 185 $40,075,000 $216,000 $485,000 $83,000 $308,000
VA-guaranteed (Veterans Administration) 21 $5,765,000 $274,000 $655,000 $93,000 $206,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 7 $1,095,000 $156,000 $225,000 $72,000 $94,000

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 698 $171,990,000 $246,000 $19,805,000 $106,000 $3,107,000
Application Withdrawn By Applicant 105 $18,885,000 $179,000 $505,000 $88,000 $485,000
Loan Purchased By The Institution 31 $21,495,000 $693,000 $3,505,000 $0 $0
Application Denied By Financial Institution 16 $3,420,000 $213,000 $485,000 $91,000 $212,000
Application Approved But Not Accepted 3 $495,000 $165,000 $175,000 $91,000 $115,000
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 837 $212,865,000 $254,000 $19,805,000 $104,000 $3,107,000
Credit History 6 $890,000 $148,000 $265,000 $48,000 $56,000
Debt-To-Income Ratio 6 $2,030,000 $338,000 $485,000 $125,000 $212,000
Collateral 2 $270,000 $135,000 $205,000 $92,000 $132,000
Insufficient Cash (Downpayment, Closing Cost) 1 $175,000 $175,000 $175,000 $48,000 $48,000
Unverifiable Information 1 $55,000 $55,000 $55,000 $58,000 $58,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Fortress Bank's 2024 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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