Heartland Bank & Trust Company Mortgage Lending & HMDA Data, 2023
In 2023, Heartland Bank & Trust Company of Bloomington, IL reported 1,258 mortgage applications totaling $281.6 million, up 30% from 2022. The average application was for $223,807, and applicants reported an average income of $107,965. 67% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Springfield, IL (211), Chicago-Naperville, IL (128) and St. Louis, MO-IL (113) (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 | 1,258 |
| Total Mortgage Loan Application Amount | $281,550,000 |
| Average Mortgage Loan Application Amount | $223,807 |
| Highest Mortgage Loan Application Amount | $26,005,000 |
| Average Applicant Income | $107,965 |
| Highest Applicant Income | $1,752,000 |
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records Heartland Bank & Trust Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Outside any metro area | 311 | $ 38,355,000 | $ 123,327 | $ 96,540 |
| Springfield, IL | 211 | $ 34,145,000 | $ 161,824 | $ 93,000 |
| Chicago-Naperville, IL | 128 | $ 84,400,000 | $ 659,375 | $ 205,000 |
| St. Louis, MO-IL | 113 | $ 19,585,000 | $ 173,318 | $ 91,035 |
| Bloomington, IL | 109 | $ 19,715,000 | $ 180,871 | $ 118,000 |
| Decatur, IL | 104 | $ 13,140,000 | $ 126,346 | $ 78,000 |
| Peoria, IL | 101 | $ 12,775,000 | $ 126,485 | $ 112,000 |
| Champaign-Urbana, IL | 55 | $ 6,065,000 | $ 110,272 | $ 110,000 |
| Elgin, IL | 46 | $ 8,080,000 | $ 175,652 | $ 92,000 |
| Lake County-Kenosha County, IL-WI | 19 | $ 3,145,000 | $ 165,526 | $ 145,421 |
| Iowa City, IA | 5 | $ 4,695,000 | $ 939,000 | $ 576,000 |
| North Port-Sarasota-Bradenton, FL | 5 | $ 1,995,000 | $ 399,000 | $ 226,000 |
| Cedar Rapids, IA | 4 | $ 350,000 | $ 87,500 | $ 179,000 |
| Danville, IL | 4 | $ 350,000 | $ 87,500 | $ 52,000 |
| St. Cloud, MN | 4 | $ 530,000 | $ 132,500 | $ 60,000 |
| Naples-Immokalee-Marco Island, FL | 3 | $ 6,175,000 | $ 2,058,333 | $ 1,256,000 |
| Rockford, IL | 3 | $ 375,000 | $ 125,000 | $ 103,000 |
| Carbondale-Marion, IL | 2 | $ 160,000 | $ 80,000 | $ 82,000 |
| Kankakee, IL | 2 | $ 440,000 | $ 220,000 | $ 119,000 |
| Phoenix-Mesa-Scottsdale, AZ | 2 | $ 610,000 | $ 305,000 | $ 132,000 |
| Sebastian-Vero Beach, FL | 2 | $ 500,000 | $ 250,000 | $ 186,000 |
| Springfield, MO | 2 | $ 500,000 | $ 250,000 | $ 118,000 |
| Tampa-St. Petersburg-Clearwater, FL | 2 | $ 450,000 | $ 225,000 | $ 0 |
| Waterloo-Cedar Falls, IA | 2 | $ 520,000 | $ 260,000 | $ 191,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 2 | $ 5,370,000 | $ 2,685,000 | $ 1,706,000 |
| Albuquerque, NM | 1 | $ 345,000 | $ 345,000 | $ 107,000 |
| Atlanta-Sandy Springs-Roswell, GA | 1 | $ 345,000 | $ 345,000 | $ 110,000 |
| Cape Coral-Fort Myers, FL | 1 | $ 65,000 | $ 65,000 | $ 70,000 |
| Davenport-Moline-Rock Island, IA-IL | 1 | $ 85,000 | $ 85,000 | $ 55,000 |
| Decatur, AL | 1 | $ 245,000 | $ 245,000 | $ 275,000 |
| Denver-Aurora-Lakewood, CO | 1 | $ 725,000 | $ 725,000 | $ 221,000 |
| Detroit-Dearborn-Livonia, MI | 1 | $ 75,000 | $ 75,000 | $ 57,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 1 | $ 185,000 | $ 185,000 | $ 52,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 1 | $ 245,000 | $ 245,000 | $ 43,000 |
| Lansing-East Lansing, MI | 1 | $ 85,000 | $ 85,000 | $ 57,000 |
| Los Angeles-Long Beach-Glendale, CA | 1 | $ 505,000 | $ 505,000 | $ 465,000 |
| Milwaukee-Waukesha-West Allis, WI | 1 | $ 115,000 | $ 115,000 | $ 164,000 |
| Niles-Benton Harbor, MI | 1 | $ 14,005,000 | $ 14,005,000 | $ 0 |
| Panama City, FL | 1 | $ 365,000 | $ 365,000 | $ 184,000 |
| Prescott Valley-Prescott, AZ | 1 | $ 605,000 | $ 605,000 | $ 150,000 |
| Riverside-San Bernardino-Ontario, CA | 1 | $ 785,000 | $ 785,000 | $ 0 |
| Warner Robins, GA | 1 | $ 345,000 | $ 345,000 | $ 110,000 |
Mortgage Loan Application Detail Totals for Heartland Bank & Trust Company in 2023
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 | 958 | $235,560,000 | $245,000 | $26,005,000 | $108,000 | $1,752,000 |
| Cash-out Refinancing | 165 | $30,655,000 | $185,000 | $7,635,000 | $99,000 | $395,000 |
| Other Purpose | 62 | $5,500,000 | $88,000 | $725,000 | $137,000 | $1,255,000 |
| Refinancing | 51 | $8,595,000 | $168,000 | $685,000 | $98,000 | $352,000 |
| Home Improvement | 22 | $1,240,000 | $56,000 | $205,000 | $115,000 | $280,000 |
| 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 | 947 | $154,895,000 | $163,000 | $4,755,000 | $109,000 | $1,752,000 |
| Not applicable | 154 | $103,240,000 | $670,000 | $26,005,000 | $0 | $0 |
| Not Provided | 64 | $9,470,000 | $147,000 | $445,000 | $135,000 | $860,000 |
| Hispanic | 42 | $4,960,000 | $118,000 | $285,000 | $59,000 | $127,000 |
| Black or African American | 36 | $5,980,000 | $166,000 | $455,000 | $83,000 | $230,000 |
| Asian | 8 | $1,910,000 | $238,000 | $415,000 | $229,000 | $576,000 |
| American Indian or Alaskan Native | 3 | $295,000 | $98,000 | $155,000 | $44,000 | $85,000 |
| 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) | 1,106 | $260,980,000 | $235,000 | $26,005,000 | $115,000 | $1,752,000 |
| FHA-insured (Federal Housing Administration) | 99 | $12,855,000 | $129,000 | $355,000 | $68,000 | $175,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 35 | $3,775,000 | $107,000 | $265,000 | $62,000 | $108,000 |
| VA-guaranteed (Veterans Administration) | 18 | $3,940,000 | $218,000 | $585,000 | $99,000 | $275,000 |
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 | 845 | $216,415,000 | $256,000 | $26,005,000 | $113,000 | $1,706,000 |
| Application Withdrawn By Applicant | 151 | $28,445,000 | $188,000 | $2,905,000 | $134,000 | $1,752,000 |
| Application Denied By Financial Institution | 130 | $16,730,000 | $128,000 | $725,000 | $70,000 | $517,000 |
| Application Approved But Not Accepted | 83 | $15,005,000 | $180,000 | $2,905,000 | $113,000 | $1,379,000 |
| Loan Purchased By The Institution | 49 | $4,955,000 | $101,000 | $245,000 | $62,000 | $186,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 | 1,128 | $264,820,000 | $234,000 | $26,005,000 | $114,000 | $1,752,000 |
| Credit History | 56 | $5,950,000 | $106,000 | $405,000 | $79,000 | $180,000 |
| Debt-To-Income Ratio | 48 | $7,730,000 | $161,000 | $725,000 | $66,000 | $517,000 |
| Collateral | 10 | $860,000 | $86,000 | $185,000 | $53,000 | $72,000 |
| Other | 10 | $860,000 | $86,000 | $165,000 | $59,000 | $107,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $1,155,000 | $231,000 | $465,000 | $68,000 | $101,000 |
| Unverifiable Information | 1 | $175,000 | $175,000 | $175,000 | $43,000 | $43,000 |
| Mortgage Insurance Denied | 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 2023 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.
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