Greatbank A National Assoc Mortgage Lending & HMDA Data, 2003
In 2003, Greatbank A National Assoc of Skokie, IL reported 52 mortgage applications totaling $55.6 million. The average application was for $1,068,692, and applicants reported an average income of $41,673. 98% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Chicago, IL (49), Kalamazoo-Battle Creek, MI (1) and Las Vegas, NV-AZ (1) (applications in parentheses).
| Mortgage Company & Address | Greatbank A National Assoc 3300 West Dempster Street Skokie, IL 60202 |
| Federal Regulator | * available with data download |
| Years | 2004 2003 |
| Total Number of Mortgage Applications | 52 |
| Total Mortgage Loan Application Amount | $55,572,000 |
| Average Mortgage Loan Application Amount | $1,068,692 |
| Highest Mortgage Loan Application Amount | $8,410,000 |
| Average Applicant Income | $41,673 |
| Highest Applicant Income | $853,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Greatbank A National Assoc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cook, Illinois | 44 | $ 48,273,000 | $ 1,097,113 | $ 45,000 |
| DuPage, Illinois | 2 | $ 6,465,000 | $ 3,232,500 | $ 0 |
| Lake, Illinois | 2 | $ 339,000 | $ 169,500 | $ 33,000 |
| Kane, Illinois | 1 | $ 89,000 | $ 89,000 | $ 0 |
| Van Buren, Michigan | 1 | $ 187,000 | $ 187,000 | $ 0 |
| Clark, Nevada | 1 | $ 93,000 | $ 93,000 | $ 124,000 |
| Multnomah, Oregon | 1 | $ 126,000 | $ 126,000 | $ 853,000 |
Mortgage Loan Application Detail Totals for Greatbank A National Assoc in 2003
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 |
|---|---|---|---|---|---|---|
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 26 | $50,784,000 | $1,953,000 | $8,410,000 | $0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) | 21 | $4,146,000 | $153,250 | $610,000 | $257,750 | $853,000 |
| Home Purchase (one-to-four family) | 4 | $637,000 | $159,000 | $250,000 | $50,000 | $86,000 |
| Home Improvement (one-to-four family) | 1 | $5,000 | $5,000 | $5,000 | $18,000 | $18,000 |
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 |
|---|---|---|---|---|---|---|
| Not applicable | 25 | $50,254,000 | $2,010,000 | $8,410,000 | $0 | $0 |
| White | 21 | $4,603,000 | $174,500 | $610,000 | $448,500 | $853,000 |
| Black | 3 | $430,000 | $143,000 | $165,000 | $56,000 | $73,000 |
| Hispanic | 1 | $5,000 | $5,000 | $5,000 | $18,000 | $18,000 |
| Information not provided by applicant in mail or telephone application | 1 | $187,000 | $187,000 | $187,000 | $0 | $0 |
| Asian or Pacific Islander | 1 | $93,000 | $93,000 | $93,000 | $124,000 | $124,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 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) | 52 | $55,572,000 | $382,750 | $8,410,000 | $252,750 | $853,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 51 | $55,567,000 | $388,750 | $8,410,000 | $253,000 | $853,000 |
| Application Denied By Financial Institution | 1 | $5,000 | $5,000 | $5,000 | $18,000 | $18,000 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 1 | $5,000 | $5,000 | $5,000 | $18,000 | $18,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Greatbank A National Assoc's 2003 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 Greatbank A National Assoc'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.
For a list of all lenders in Illinois, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About