Heartland Bank & Trust Company Mortgage Lending & HMDA Data, 2018
In 2018, Heartland Bank & Trust Company of Bloomington, IL reported 902 mortgage applications totaling $148.0 million, down 27% from 2017. The average application was for $164,124, and applicants reported an average income of $119,261. 72% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Bloomington, IL (258), Peoria, IL (164) and Chicago-Naperville-Arlington Heights, IL (155) (applications in parentheses).
| Mortgage Company & Address | Heartland Bank & Trust Company 401 N Hershey Rd Bloomington, IL 61704 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 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 902 |
| Total Mortgage Loan Application Amount | $148,040,000 |
| Average Mortgage Loan Application Amount | $164,124 |
| Highest Mortgage Loan Application Amount | $1,975,000 |
| Average Applicant Income | $119,261 |
| Highest Applicant Income | $1,240,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Heartland Bank & Trust Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Bloomington, IL | 258 | $ 36,180,000 | $ 140,232 | $ 116,000 |
| Peoria, IL | 164 | $ 21,830,000 | $ 133,109 | $ 88,000 |
| Chicago-Naperville-Arlington Heights, IL | 155 | $ 42,265,000 | $ 272,677 | $ 163,000 |
| Outside any metro area | 126 | $ 13,830,000 | $ 109,761 | $ 113,198 |
| Champaign-Urbana, IL | 92 | $ 15,110,000 | $ 164,239 | $ 128,000 |
| Elgin, IL | 61 | $ 8,945,000 | $ 146,639 | $ 97,000 |
| Lake County-Kenosha County, IL-WI | 16 | $ 1,730,000 | $ 108,125 | $ 106,125 |
| Phoenix-Mesa-Scottsdale, AZ | 6 | $ 1,050,000 | $ 175,000 | $ 97,000 |
| Gary, IN | 3 | $ 415,000 | $ 138,333 | $ 124,000 |
| Indianapolis-Carmel-Anderson, IN | 3 | $ 585,000 | $ 195,000 | $ 83,000 |
| Cape Coral-Fort Myers, FL | 2 | $ 170,000 | $ 85,000 | $ 91,000 |
| Jackson, MS | 2 | $ 590,000 | $ 295,000 | $ 135,000 |
| Muskegon, MI | 2 | $ 570,000 | $ 285,000 | $ 276,000 |
| South Bend-Mishawaka, IN-MI | 2 | $ 700,000 | $ 350,000 | $ 921,500 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 2 | $ 2,290,000 | $ 1,145,000 | $ 268,000 |
| Carbondale-Marion, IL | 1 | $ 155,000 | $ 155,000 | $ 75,000 |
| Crestview-Fort Walton Beach-Destin, FL | 1 | $ 155,000 | $ 155,000 | $ 244,000 |
| Des Moines-West Des Moines, IA | 1 | $ 325,000 | $ 325,000 | $ 112,000 |
| Kankakee, IL | 1 | $ 95,000 | $ 95,000 | $ 85,000 |
| Naples-Immokalee-Marco Island, FL | 1 | $ 405,000 | $ 405,000 | $ 365,000 |
| Sebring, FL | 1 | $ 275,000 | $ 275,000 | $ 95,000 |
| St. Louis, MO-IL | 1 | $ 205,000 | $ 205,000 | $ 64,000 |
| The Villages, FL | 1 | $ 165,000 | $ 165,000 | $ 0 |
Mortgage Loan Application Detail Totals for Heartland Bank & Trust Company in 2018
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 | 486 | $80,410,000 | $165,000 | $1,155,000 | $118,000 | $1,240,000 |
| Cash-out Refinancing | 226 | $33,270,000 | $147,000 | $1,255,000 | $118,000 | $773,000 |
| Refinancing | 143 | $30,245,000 | $211,000 | $1,975,000 | $120,000 | $1,160,000 |
| Home Improvement | 25 | $2,045,000 | $81,000 | $445,000 | $160,000 | $1,035,000 |
| Other Purpose | 22 | $2,070,000 | $94,000 | $295,000 | $109,000 | $323,000 |
| 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 | 737 | $109,255,000 | $148,000 | $1,155,000 | $122,000 | $1,240,000 |
| Not applicable | 91 | $26,545,000 | $291,000 | $1,975,000 | $25,000 | $25,000 |
| Not Provided | 28 | $5,520,000 | $197,000 | $1,125,000 | $116,000 | $403,000 |
| Hispanic | 21 | $2,445,000 | $116,000 | $245,000 | $77,000 | $182,000 |
| Asian | 13 | $2,415,000 | $185,000 | $355,000 | $111,000 | $285,000 |
| Black or African American | 7 | $1,005,000 | $143,000 | $425,000 | $84,000 | $175,000 |
| American Indian or Alaskan Native | 2 | $270,000 | $135,000 | $145,000 | $76,000 | $111,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $195,000 | $195,000 | $195,000 | $220,000 | $220,000 |
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) | 895 | $147,115,000 | $164,000 | $1,975,000 | $120,000 | $1,240,000 |
| FHA-insured (Federal Housing Administration) | 7 | $925,000 | $132,000 | $185,000 | $69,000 | $183,000 |
| 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 | 651 | $112,825,000 | $173,000 | $1,975,000 | $128,000 | $1,240,000 |
| Application Denied By Financial Institution | 130 | $18,050,000 | $138,000 | $1,155,000 | $92,000 | $1,179,000 |
| Application Withdrawn By Applicant | 68 | $9,980,000 | $146,000 | $425,000 | $107,000 | $773,000 |
| Application Approved But Not Accepted | 53 | $7,185,000 | $135,000 | $355,000 | $118,000 | $684,000 |
| 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 | 772 | $129,990,000 | $168,000 | $1,975,000 | $125,000 | $1,240,000 |
| Credit History | 56 | $6,870,000 | $122,000 | $305,000 | $71,000 | $183,000 |
| Debt-To-Income Ratio | 50 | $7,620,000 | $152,000 | $1,155,000 | $82,000 | $484,000 |
| Collateral | 20 | $2,510,000 | $125,000 | $345,000 | $166,000 | $1,179,000 |
| Other | 3 | $1,015,000 | $338,000 | $785,000 | $166,000 | $294,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $35,000 | $35,000 | $35,000 | $33,000 | $33,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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 Heartland Bank & Trust Company's 2018 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 Heartland Bank & Trust Company'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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with aggregated HMDA statistics today.
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