Chicago Mortgage Solutions LLC Mortgage Lending & HMDA Data, 2023

In 2023, Chicago Mortgage Solutions LLC of Rosemont, IL reported 770 mortgage applications totaling $321.9 million, down 92% from 2022. The average application was for $418,103, and applicants reported an average income of $311,948. 34% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Chicago-Naperville, IL (74), Denver-Aurora-Lakewood, CO (58) and Dallas-Plano-Irving, TX (44) (applications in parentheses).

Mortgage Company & Address Chicago Mortgage Solutions LLC
9525 W Bryn Mawr Ave
Rosemont, IL 60018
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2016  2015  2014  2013  2012  2011  2010  2009  2008  
Total Number of Mortgage Applications 770
Total Mortgage Loan Application Amount $321,940,000
Average Mortgage Loan Application Amount $418,103
Highest Mortgage Loan Application Amount $1,205,000
Average Applicant Income $311,948
Highest Applicant Income $999,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Chicago Mortgage Solutions LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Chicago Mortgage Solutions LLC by Metropolitan Area in 2023

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Chicago-Naperville, IL 74 $ 25,210,000 $ 340,675 $ 219,000
Denver-Aurora-Lakewood, CO 58 $ 29,570,000 $ 509,827 $ 343,000
Outside any metro area 58 $ 17,930,000 $ 309,137 $ 294,862
Dallas-Plano-Irving, TX 44 $ 21,100,000 $ 479,545 $ 294,000
Phoenix-Mesa-Scottsdale, AZ 39 $ 17,175,000 $ 440,384 $ 408,000
Atlanta-Sandy Springs-Roswell, GA 28 $ 10,180,000 $ 363,571 $ 270,000
Houston-The Woodlands-Sugar Land, TX 26 $ 10,030,000 $ 385,769 $ 280,000
San Diego-Carlsbad, CA 21 $ 13,425,000 $ 639,285 $ 289,000
Tampa-St. Petersburg-Clearwater, FL 20 $ 8,440,000 $ 422,000 $ 332,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 20 $ 10,530,000 $ 526,500 $ 330,000
Portland-Vancouver-Hillsboro, OR-WA 19 $ 8,875,000 $ 467,105 $ 281,000
Los Angeles-Long Beach-Glendale, CA 14 $ 9,910,000 $ 707,857 $ 245,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 13 $ 6,225,000 $ 478,846 $ 242,000
Austin-Round Rock, TX 12 $ 4,610,000 $ 384,166 $ 194,000
Riverside-San Bernardino-Ontario, CA 12 $ 4,630,000 $ 385,833 $ 278,000
Greeley, CO 11 $ 4,615,000 $ 419,545 $ 387,000
Colorado Springs, CO 10 $ 4,750,000 $ 475,000 $ 279,000
Lake County-Kenosha County, IL-WI 10 $ 3,690,000 $ 369,000 $ 299,400
Salem, OR 10 $ 3,640,000 $ 364,000 $ 634,000
Miami-Miami Beach-Kendall, FL 9 $ 3,615,000 $ 401,666 $ 419,000
Baltimore-Columbia-Towson, MD 8 $ 3,010,000 $ 376,250 $ 509,000
Oakland-Hayward-Berkeley, CA 8 $ 4,780,000 $ 597,500 $ 251,000
San Antonio-New Braunfels, TX 8 $ 3,480,000 $ 435,000 $ 345,000
Elgin, IL 7 $ 1,685,000 $ 240,714 $ 151,000
Fort Worth-Arlington, TX 7 $ 2,175,000 $ 310,714 $ 427,000
Minneapolis-St. Paul-Bloomington, MN-WI 7 $ 2,015,000 $ 287,857 $ 432,000
Tallahassee, FL 7 $ 3,605,000 $ 515,000 $ 259,000
Jacksonville, FL 6 $ 1,740,000 $ 290,000 $ 349,000
Richmond, VA 6 $ 3,020,000 $ 503,333 $ 264,000
Tucson, AZ 6 $ 2,740,000 $ 456,666 $ 237,000
West Palm Beach-Boca Raton-Delray Beach, FL 6 $ 2,780,000 $ 463,333 $ 212,000
Anaheim-Santa Ana-Irvine, CA 5 $ 3,745,000 $ 749,000 $ 307,000
Boulder, CO 5 $ 3,165,000 $ 633,000 $ 155,000
Nashville-Davidson--Murfreesboro--Franklin, TN 5 $ 2,485,000 $ 497,000 $ 166,000
Ogden-Clearfield, UT 5 $ 2,125,000 $ 425,000 $ 254,000
Providence-Warwick, RI-MA 5 $ 2,135,000 $ 427,000 $ 674,000
San Jose-Sunnyvale-Santa Clara, CA 5 $ 3,005,000 $ 601,000 $ 311,000
Warren-Troy-Farmington Hills, MI 5 $ 1,625,000 $ 325,000 $ 392,000
Wilmington, DE-MD-NJ 5 $ 2,095,000 $ 419,000 $ 157,000
Bridgeport-Stamford-Norwalk, CT 4 $ 2,120,000 $ 530,000 $ 550,000
Fort Collins, CO 4 $ 2,510,000 $ 627,500 $ 160,000
Madison, WI 4 $ 1,460,000 $ 365,000 $ 144,000
Montgomery County-Bucks County-Chester County, PA 4 $ 2,130,000 $ 532,500 $ 196,000
Orlando-Kissimmee-Sanford, FL 4 $ 980,000 $ 245,000 $ 394,000
Provo-Orem, UT 4 $ 1,900,000 $ 475,000 $ 133,000
Washington-Baltimore-Arlington, DC 4 $ 1,550,000 $ 387,500 $ 482,000
Bend-Redmond, OR 3 $ 1,215,000 $ 405,000 $ 141,000
Fayetteville-Springdale-Rogers, AR-MO 3 $ 935,000 $ 311,666 $ 158,000
Gainesville, GA 3 $ 1,005,000 $ 335,000 $ 323,000
Indianapolis-Carmel-Anderson, IN 3 $ 895,000 $ 298,333 $ 276,000
Jackson, MS 3 $ 765,000 $ 255,000 $ 541,000
Pittsburgh, PA 3 $ 1,585,000 $ 528,333 $ 109,000
Prescott Valley-Prescott, AZ 3 $ 1,325,000 $ 441,666 $ 154,000
Sacramento--Roseville--Arden-Arcade, CA 3 $ 1,705,000 $ 568,333 $ 180,000
Savannah, GA 3 $ 1,005,000 $ 335,000 $ 504,000
Birmingham-Hoover, AL 2 $ 730,000 $ 365,000 $ 147,000
Cape Coral-Fort Myers, FL 2 $ 860,000 $ 430,000 $ 124,000
Charleston-North Charleston, SC 2 $ 750,000 $ 375,000 $ 125,000
Cleveland-Elyria, OH 2 $ 220,000 $ 110,000 $ 738,000
College Station-Bryan, TX 2 $ 510,000 $ 255,000 $ 446,000
Daphne-Fairhope-Foley, AL 2 $ 310,000 $ 155,000 $ 516,000
Detroit-Dearborn-Livonia, MI 2 $ 410,000 $ 205,000 $ 376,000
Great Falls, MT 2 $ 170,000 $ 85,000 $ 247,000
Harrisburg-Carlisle, PA 2 $ 340,000 $ 170,000 $ 471,000
Kansas City, MO-KS 2 $ 530,000 $ 265,000 $ 110,000
Killeen-Temple, TX 2 $ 390,000 $ 195,000 $ 763,000
Lake Havasu City-Kingman, AZ 2 $ 930,000 $ 465,000 $ 255,000
Memphis, TN-MS-AR 2 $ 300,000 $ 150,000 $ 807,500
Oxnard-Thousand Oaks-Ventura, CA 2 $ 1,440,000 $ 720,000 $ 120,000
Pensacola-Ferry Pass-Brent, FL 2 $ 490,000 $ 245,000 $ 600,000
Philadelphia, PA 2 $ 610,000 $ 305,000 $ 419,000
Pueblo, CO 2 $ 910,000 $ 455,000 $ 300,000
Salt Lake City, UT 2 $ 1,090,000 $ 545,000 $ 983,000
San Luis Obispo-Paso Robles-Arroyo Grande, CA 2 $ 910,000 $ 455,000 $ 331,000
Winchester, VA-WV 2 $ 1,000,000 $ 500,000 $ 593,000
Akron, OH 1 $ 235,000 $ 235,000 $ 792,000
Albuquerque, NM 1 $ 375,000 $ 375,000 $ 135,000
Bakersfield, CA 1 $ 305,000 $ 305,000 $ 588,000
Baton Rouge, LA 1 $ 405,000 $ 405,000 $ 103,000
Beaumont-Port Arthur, TX 1 $ 115,000 $ 115,000 $ 144,000
Chattanooga, TN-GA 1 $ 375,000 $ 375,000 $ 103,000
Cincinnati, OH-KY-IN 1 $ 605,000 $ 605,000 $ 174,000
Columbia, SC 1 $ 555,000 $ 555,000 $ 264,000
Columbus, OH 1 $ 515,000 $ 515,000 $ 279,000
Davenport-Moline-Rock Island, IA-IL 1 $ 425,000 $ 425,000 $ 147,000
Deltona-Daytona Beach-Ormond Beach, FL 1 $ 125,000 $ 125,000 $ 616,000
Des Moines-West Des Moines, IA 1 $ 285,000 $ 285,000 $ 103,000
Erie, PA 1 $ 105,000 $ 105,000 $ 420,000
Eugene, OR 1 $ 255,000 $ 255,000 $ 254,000
Flint, MI 1 $ 195,000 $ 195,000 $ 324,000
Florence, SC 1 $ 255,000 $ 255,000 $ 103,000
Florence-Muscle Shoals, AL 1 $ 545,000 $ 545,000 $ 180,000
Fresno, CA 1 $ 355,000 $ 355,000 $ 900,000
Gary, IN 1 $ 255,000 $ 255,000 $ 720,000
Greenville-Anderson-Mauldin, SC 1 $ 265,000 $ 265,000 $ 720,000
Hartford-West Hartford-East Hartford, CT 1 $ 385,000 $ 385,000 $ 185,000
Hot Springs, AR 1 $ 245,000 $ 245,000 $ 264,000
Huntsville, AL 1 $ 335,000 $ 335,000 $ 132,000
Kingsport-Bristol-Bristol, TN-VA 1 $ 355,000 $ 355,000 $ 183,000
Lafayette-West Lafayette, IN 1 $ 295,000 $ 295,000 $ 158,000
Lakeland-Winter Haven, FL 1 $ 315,000 $ 315,000 $ 975,000
Lubbock, TX 1 $ 265,000 $ 265,000 $ 155,000
Macon-Bibb County, GA 1 $ 365,000 $ 365,000 $ 576,000
Manchester-Nashua, NH 1 $ 415,000 $ 415,000 $ 194,000
Manhattan, KS 1 $ 195,000 $ 195,000 $ 499,000
McAllen-Edinburg-Mission, TX 1 $ 135,000 $ 135,000 $ 984,000
Modesto, CA 1 $ 205,000 $ 205,000 $ 138,000
New Haven-Milford, CT 1 $ 95,000 $ 95,000 $ 164,000
New Orleans-Metairie, LA 1 $ 185,000 $ 185,000 $ 632,000
North Port-Sarasota-Bradenton, FL 1 $ 705,000 $ 705,000 $ 172,000
Oklahoma City, OK 1 $ 395,000 $ 395,000 $ 109,000
Omaha-Council Bluffs, NE-IA 1 $ 275,000 $ 275,000 $ 150,000
Palm Bay-Melbourne-Titusville, FL 1 $ 205,000 $ 205,000 $ 129,000
Peoria, IL 1 $ 105,000 $ 105,000 $ 144,000
Port St. Lucie, FL 1 $ 435,000 $ 435,000 $ 139,000
Redding, CA 1 $ 335,000 $ 335,000 $ 129,000
San Angelo, TX 1 $ 505,000 $ 505,000 $ 151,000
San Francisco-Redwood City-South San Francisco, CA 1 $ 975,000 $ 975,000 $ 356,000
Santa Rosa, CA 1 $ 625,000 $ 625,000 $ 150,000
Sebring, FL 1 $ 155,000 $ 155,000 $ 293,000
Spartanburg, SC 1 $ 95,000 $ 95,000 $ 744,000
St. Louis, MO-IL 1 $ 85,000 $ 85,000 $ 480,000
Stockton-Lodi, CA 1 $ 415,000 $ 415,000 $ 274,000
Tacoma-Lakewood, WA 1 $ 315,000 $ 315,000 $ 797,000
Waco, TX 1 $ 75,000 $ 75,000 $ 919,000
Wichita, KS 1 $ 355,000 $ 355,000 $ 234,000

Mortgage Loan Application Detail Totals for Chicago Mortgage Solutions LLC 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 543 $246,415,000 $453,000 $1,205,000 $299,000 $999,000
Refinancing 224 $75,160,000 $335,000 $915,000 $346,000 $998,000
Cash-out Refinancing 3 $365,000 $121,000 $145,000 $113,000 $168,000
Home Improvement 0 $0 $0 $0 $0 $0
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 328 $132,700,000 $404,000 $1,205,000 $343,000 $999,000
Asian 194 $90,930,000 $468,000 $1,065,000 $261,000 $998,000
Not Provided 128 $50,570,000 $395,000 $975,000 $302,000 $998,000
Hispanic 68 $27,670,000 $406,000 $855,000 $316,000 $989,000
Black or African American 47 $18,085,000 $384,000 $965,000 $302,000 $936,000
American Indian or Alaskan Native 5 $1,985,000 $397,000 $655,000 $530,000 $919,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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) 757 $317,855,000 $419,000 $1,205,000 $316,000 $999,000
FHA-insured (Federal Housing Administration) 12 $3,780,000 $315,000 $745,000 $90,000 $175,000
VA-guaranteed (Veterans Administration) 1 $305,000 $305,000 $305,000 $85,000 $85,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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
Application Withdrawn By Applicant 292 $126,730,000 $434,000 $1,065,000 $270,000 $998,000
Loan Originated 260 $121,100,000 $465,000 $975,000 $300,000 $999,000
File Closed For Incompleteness 115 $40,545,000 $352,000 $785,000 $378,000 $990,000
Application Denied By Financial Institution 100 $32,190,000 $321,000 $1,205,000 $393,000 $968,000
Application Approved But Not Accepted 3 $1,375,000 $458,000 $575,000 $156,000 $194,000
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
Not applicable 670 $289,750,000 $432,000 $1,065,000 $300,000 $999,000
Credit History 55 $12,305,000 $223,000 $725,000 $435,000 $942,000
Debt-To-Income Ratio 28 $11,560,000 $412,000 $795,000 $365,000 $968,000
Other 5 $2,315,000 $463,000 $575,000 $398,000 $804,000
Unverifiable Information 4 $2,640,000 $660,000 $1,205,000 $212,000 $273,000
Collateral 4 $1,210,000 $302,000 $405,000 $134,000 $168,000
Employment History 2 $970,000 $485,000 $665,000 $438,000 $659,000
Insufficient Cash (Downpayment, Closing Cost) 1 $595,000 $595,000 $595,000 $129,000 $129,000
Credit Application Incomplete 1 $595,000 $595,000 $595,000 $777,000 $777,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Chicago Mortgage Solutions LLC'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 Chicago Mortgage Solutions LLC'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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