Guaranteed Rate, Inc.
Mortgage Loan Application
Totals and Details
for 2016
Find mortgage loan statistics, lending data, and loan application totals for Illinois.
The mortgage statistics and data below are specific to mortgage loan applications for Guaranteed Rate, Inc..
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| Mortgage Company & Address | Guaranteed Rate, Inc. 3940 North Ravenswood Ave Chicago, IL 60613 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 |
| Total Number of Mortgage Applications | 96,902 |
| Total Mortgage Loan Application Amount | $27,351,169,000 |
| Average Mortgage Loan Application Amount | $281,500 |
| Highest Mortgage Loan Application Amount | $20,000,000 |
| Average Applicant Income | $129,500 |
| Highest Applicant Income | $7,345,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in IL, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Houston County Tennessee | 1 | $ 300,000 | $ 300,000 | $ 32,000 |
| Johnson County Tennessee | 1 | $ 103,000 | $ 103,000 | $ 175,000 |
| Lewis County Tennessee | 1 | $ 25,000 | $ 25,000 | $ 10,000 |
| Moore County Tennessee | 1 | $ 158,000 | $ 158,000 | $ 75,000 |
| Putnam County Tennessee | 1 | $ 284,000 | $ 284,000 | $ 53,000 |
| Scott County Tennessee | 1 | $ 208,000 | $ 208,000 | $ 122,000 |
| Sequatchie County Tennessee | 1 | $ 151,000 | $ 151,000 | $ 133,000 |
| Smith County Tennessee | 1 | $ 30,000 | $ 30,000 | $ 1,000 |
| Trousdale County Tennessee | 1 | $ 197,000 | $ 197,000 | $ 63,000 |
| Wayne County Tennessee | 1 | $ 138,000 | $ 138,000 | $ 34,000 |
| White County Tennessee | 1 | $ 289,000 | $ 289,000 | $ 55,000 |
| Aransas County Texas | 1 | $ 130,000 | $ 130,000 | $ 132,000 |
| Calhoun County Texas | 1 | $ 278,000 | $ 278,000 | $ 160,000 |
| Castro County Texas | 1 | $ 139,000 | $ 139,000 | $ 300,000 |
| Coleman County Texas | 1 | $ 20,000 | $ 20,000 | $ 43,000 |
| Collingsworth County Texas | 1 | $ 51,000 | $ 51,000 | $ 25,000 |
| Comanche County Texas | 1 | $ 133,000 | $ 133,000 | $ 150,000 |
| Deaf Smith County Texas | 1 | $ 51,000 | $ 51,000 | $ 1,144,000 |
| Edwards County Texas | 1 | $ 125,000 | $ 125,000 | $ 69,000 |
| Erath County Texas | 1 | $ 180,000 | $ 180,000 | $ 99,000 |
| Gray County Texas | 1 | $ 38,000 | $ 38,000 | $ 48,000 |
| Grimes County Texas | 1 | $ 360,000 | $ 360,000 | $ 269,000 |
| Hale County Texas | 1 | $ 58,000 | $ 58,000 | $ 52,000 |
| Hopkins County Texas | 1 | $ 50,000 | $ 50,000 | $ 60,000 |
| Howard County Texas | 1 | $ 10,000 | $ 10,000 | $ 41,000 |
| Jasper County Texas | 1 | $ 125,000 | $ 125,000 | $ 63,000 |
| Jim Hogg County Texas | 1 | $ 74,000 | $ 74,000 | $ 51,000 |
| Jones County Texas | 1 | $ 167,000 | $ 167,000 | $ 84,000 |
| Lamar County Texas | 1 | $ 88,000 | $ 88,000 | $ 110,000 |
| Lampasas County Texas | 1 | $ 200,000 | $ 200,000 | $ 110,000 |
| Lavaca County Texas | 1 | $ 120,000 | $ 120,000 | $ 120,000 |
| Lee County Texas | 1 | $ 380,000 | $ 380,000 | $ 63,000 |
| Leon County Texas | 1 | $ 132,000 | $ 132,000 | $ 69,000 |
| Llano County Texas | 1 | $ 320,000 | $ 320,000 | $ 398,000 |
| Lynn County Texas | 1 | $ 345,000 | $ 345,000 | $ 140,000 |
| Medina County Texas | 1 | $ 180,000 | $ 180,000 | $ 104,000 |
| Newton County Texas | 1 | $ 161,000 | $ 161,000 | $ 96,000 |
| Red River County Texas | 1 | $ 53,000 | $ 53,000 | $ 29,000 |
| Reeves County Texas | 1 | $ 45,000 | $ 45,000 | $ 65,000 |
| Roberts County Texas | 1 | $ 86,000 | $ 86,000 | $ 104,000 |
| Robertson County Texas | 1 | $ 102,000 | $ 102,000 | $ 39,000 |
| Shelby County Texas | 1 | $ 65,000 | $ 65,000 | $ 92,000 |
| Stephens County Texas | 1 | $ 55,000 | $ 55,000 | $ 60,000 |
| Tyler County Texas | 1 | $ 77,000 | $ 77,000 | $ 10,000 |
| Upshur County Texas | 1 | $ 320,000 | $ 320,000 | $ 137,000 |
| Upton County Texas | 1 | $ 70,000 | $ 70,000 | $ 15,000 |
| Van Zandt County Texas | 1 | $ 165,000 | $ 165,000 | $ 82,000 |
| Walker County Texas | 1 | $ 254,000 | $ 254,000 | $ 110,000 |
| Washington County Texas | 1 | $ 128,000 | $ 128,000 | $ 60,000 |
| San Juan County Utah | 1 | $ 149,000 | $ 149,000 | $ 104,000 |
| Sanpete County Utah | 1 | $ 273,000 | $ 273,000 | $ 65,000 |
| Uintah County Utah | 1 | $ 233,000 | $ 233,000 | $ 115,000 |
| Addison County Vermont | 1 | $ 262,000 | $ 262,000 | $ 144,000 |
| Orange County Vermont | 1 | $ 66,000 | $ 66,000 | $ 17,000 |
| Alleghany County Virginia | 1 | $ 75,000 | $ 75,000 | $ 80,000 |
| Appomattox County Virginia | 1 | $ 159,000 | $ 159,000 | $ 104,000 |
| Botetourt County Virginia | 1 | $ 85,000 | $ 85,000 | $ 68,000 |
| Buckingham County Virginia | 1 | $ 200,000 | $ 200,000 | $ 45,000 |
| Carroll County Virginia | 1 | $ 100,000 | $ 100,000 | $ 110,000 |
| Colonial Heights County Virginia | 1 | $ 135,000 | $ 135,000 | $ 43,000 |
| Dinwiddie County Virginia | 1 | $ 123,000 | $ 123,000 | $ 65,000 |
| Falls Church County Virginia | 1 | $ 407,000 | $ 407,000 | $ 134,000 |
| Fluvanna County Virginia | 1 | $ 215,000 | $ 215,000 | $ 88,000 |
| Fredericksburg County Virginia | 1 | $ 290,000 | $ 290,000 | $ 110,000 |
| Greene County Virginia | 1 | $ 190,000 | $ 190,000 | $ 89,000 |
| Greensville County Virginia | 1 | $ 65,000 | $ 65,000 | $ 21,000 |
| Halifax County Virginia | 1 | $ 151,000 | $ 151,000 | $ 45,000 |
| Henry County Virginia | 1 | $ 113,000 | $ 113,000 | $ 324,000 |
| King and Queen County Virginia | 1 | $ 156,000 | $ 156,000 | $ 38,000 |
| King William County Virginia | 1 | $ 222,000 | $ 222,000 | $ 115,000 |
| Lancaster County Virginia | 1 | $ 184,000 | $ 184,000 | $ 140,000 |
| Lee County Virginia | 1 | $ 49,000 | $ 49,000 | $ 3,000 |
| Lunenburg County Virginia | 1 | $ 65,000 | $ 65,000 | $ 180,000 |
| Madison County Virginia | 1 | $ 269,000 | $ 269,000 | $ 83,000 |
| Manassas Park County Virginia | 1 | $ 164,000 | $ 164,000 | $ 224,000 |
| Mecklenburg County Virginia | 1 | $ 169,000 | $ 169,000 | $ 135,000 |
| Montgomery County Virginia | 1 | $ 225,000 | $ 225,000 | $ 78,000 |
| Nelson County Virginia | 1 | $ 52,000 | $ 52,000 | $ 236,000 |
| Northumberland County Virginia | 1 | $ 108,000 | $ 108,000 | $ 45,000 |
| Petersburg County Virginia | 1 | $ 252,000 | $ 252,000 | $ 127,000 |
| Poquoson County Virginia | 1 | $ 191,000 | $ 191,000 | $ 65,000 |
| Prince George County Virginia | 1 | $ 158,000 | $ 158,000 | $ 120,000 |
| Richmond County Virginia | 1 | $ 108,000 | $ 108,000 | $ 82,000 |
| Salem County Virginia | 1 | $ 126,000 | $ 126,000 | $ 51,000 |
| Waynesboro County Virginia | 1 | $ 144,000 | $ 144,000 | $ 87,000 |
| Adams County Washington | 1 | $ 393,000 | $ 393,000 | $ 150,000 |
| Barbour County West Virginia | 1 | $ 200,000 | $ 200,000 | $ 124,000 |
| Boone County West Virginia | 1 | $ 60,000 | $ 60,000 | $ 33,000 |
| Brooke County West Virginia | 1 | $ 49,000 | $ 49,000 | $ 156,000 |
| Gilmer County West Virginia | 1 | $ 260,000 | $ 260,000 | $ 88,000 |
| Hampshire County West Virginia | 1 | $ 75,000 | $ 75,000 | $ 50,000 |
| Jackson County West Virginia | 1 | $ 136,000 | $ 136,000 | $ 145,000 |
| Lewis County West Virginia | 1 | $ 87,000 | $ 87,000 | $ 47,000 |
| Nicholas County West Virginia | 1 | $ 42,000 | $ 42,000 | $ 37,000 |
| Ohio County West Virginia | 1 | $ 190,000 | $ 190,000 | $ 80,000 |
| Pendleton County West Virginia | 1 | $ 66,000 | $ 66,000 | $ 14,000 |
| Preston County West Virginia | 1 | $ 210,000 | $ 210,000 | $ 85,000 |
| Ritchie County West Virginia | 1 | $ 240,000 | $ 240,000 | $ 96,000 |
| Roane County West Virginia | 1 | $ 150,000 | $ 150,000 | $ 160,000 |
| Wayne County West Virginia | 1 | $ 33,000 | $ 33,000 | $ 32,000 |
| Bayfield County Wisconsin | 1 | $ 238,000 | $ 238,000 | $ 105,000 |
| Crawford County Wisconsin | 1 | $ 333,000 | $ 333,000 | $ 99,000 |
| Forest County Wisconsin | 1 | $ 240,000 | $ 240,000 | $ 209,000 |
| Green County Wisconsin | 1 | $ 137,000 | $ 137,000 | $ 47,000 |
| Pepin County Wisconsin | 1 | $ 157,000 | $ 157,000 | $ 90,000 |
| Richland County Wisconsin | 1 | $ 12,000 | $ 12,000 | $ 106,000 |
| Rusk County Wisconsin | 1 | $ 150,000 | $ 150,000 | $ 125,000 |
| Taylor County Wisconsin | 1 | $ 60,000 | $ 60,000 | $ 53,000 |
| Big Horn County Wyoming | 1 | $ 160,000 | $ 160,000 | $ 358,000 |
| Goshen County Wyoming | 1 | $ 140,000 | $ 140,000 | $ 82,000 |
| Johnson County Wyoming | 1 | $ 144,000 | $ 144,000 | $ 91,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Illinois,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Guaranteed Rate, Inc. in 2016
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 | 49,614 | $14,406,192,000 | $290,000 | $20,000,000 | $137,000 | $7,345,000 |
| Home Purchase | 47,288 | $12,944,977,000 | $273,000 | $2,958,000 | $122,000 | $5,833,000 |
| Home Improvement | 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 | 69,583 | $19,636,591,000 | $282,000 | $6,000,000 | $133,000 | $7,345,000 |
| Not Provided | 8,884 | $2,554,313,000 | $287,000 | $2,963,000 | $129,000 | $2,894,000 |
| Asian | 7,196 | $2,369,828,000 | $329,000 | $2,876,000 | $144,000 | $3,141,000 |
| Hispanic | 6,467 | $1,678,854,000 | $259,000 | $20,000,000 | $100,000 | $3,162,000 |
| Black or African American | 3,972 | $895,652,000 | $225,000 | $7,700,000 | $94,000 | $2,769,000 |
| American Indian or Alaskan Native | 430 | $103,589,000 | $240,000 | $1,463,000 | $103,000 | $1,224,000 |
| Native Hawaiin or Other Pacific Islander | 370 | $112,342,000 | $303,000 | $1,300,000 | $108,000 | $535,000 |
| Not applicable | 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) | 81,282 | $23,663,938,000 | $291,000 | $20,000,000 | $138,000 | $7,345,000 |
| FHA-insured (Federal Housing Administration) | 11,599 | $2,578,227,000 | $222,000 | $884,000 | $79,000 | $1,033,000 |
| VA-guaranteed (Veterans Administration) | 3,607 | $1,039,692,000 | $288,000 | $1,053,000 | $95,000 | $1,080,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 414 | $69,312,000 | $167,000 | $531,000 | $54,000 | $132,000 |
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 | 65,193 | $18,493,956,000 | $283,000 | $2,453,000 | $130,000 | $5,833,000 |
| Application Withdrawn By Applicant | 20,016 | $5,850,193,000 | $292,000 | $20,000,000 | $137,000 | $7,345,000 |
| Application Denied By Financial Institution | 7,449 | $1,759,353,000 | $236,000 | $7,700,000 | $95,000 | $4,691,000 |
| File Closed For Incompleteness | 3,710 | $1,100,709,000 | $296,000 | $3,910,000 | $140,000 | $6,116,000 |
| Application Approved But Not Accepted | 534 | $146,958,000 | $275,000 | $1,571,000 | $124,000 | $1,111,000 |
| 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 | 2,333 | $492,973,000 | $211,000 | $7,700,000 | $97,000 | $4,691,000 |
| Debt-To-Income Ratio | 2,066 | $550,422,000 | $266,000 | $2,205,000 | $70,000 | $1,800,000 |
| Collateral | 1,011 | $236,383,000 | $233,000 | $2,963,000 | $120,000 | $1,500,000 |
| Other | 717 | $158,311,000 | $220,000 | $2,077,000 | $110,000 | $1,940,000 |
| Unverifiable Information | 180 | $49,356,000 | $274,000 | $1,040,000 | $114,000 | $1,200,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 148 | $41,074,000 | $277,000 | $1,220,000 | $108,000 | $686,000 |
| Employment History | 145 | $33,080,000 | $228,000 | $991,000 | $75,000 | $224,000 |
| Credit Application Incomplete | 18 | $4,740,000 | $263,000 | $611,000 | $147,000 | $564,000 |
| Mortgage Insurance Denied | 1 | $139,000 | $139,000 | $139,000 | $54,000 | $54,000 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in IL, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Illinois, and search similar information at your convenience.