Iroquois Federal Savings And Loan Association
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Iroquois Federal Savings And Loan Association 2020 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Iroquois Federal Savings And Loan Association 201 E Cherry St Watseka, IL 60970 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 840 |
| Total Mortgage Loan Application Amount | $141,570,000 |
| Average Mortgage Loan Application Amount | $121,800 |
| Highest Mortgage Loan Application Amount | $6,485,000 |
| Average Applicant Income | $131,400 |
| Highest Applicant Income | $974,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Iroquois Federal Savings And Loan Association. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Iroquois Federal Savings And Loan Association's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Iroquois Federal Savings And Loan Association's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Iroquois Federal Savings And Loan Association serves its applicants.
Each category highlights the total number of mortgage applications processed by Iroquois Federal Savings And Loan Association, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Iroquois Federal Savings And Loan Association's mortgage activity for 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Vermilion County Illinois | 240 | $ 31,170,000 | $ 129,000 | $ 88,000 |
| Champaign County Illinois | 154 | $ 39,870,000 | $ 258,000 | $ 143,000 |
| Iroquois County Illinois | 113 | $ 11,725,000 | $ 103,000 | $ 76,000 |
| Camden County Missouri | 71 | $ 15,745,000 | $ 221,000 | $ 185,000 |
| Kankakee County Illinois | 70 | $ 10,310,000 | $ 147,000 | $ 107,000 |
| Newton County Indiana | 17 | $ 1,735,000 | $ 102,000 | $ 88,000 |
| Miller County Missouri | 16 | $ 3,600,000 | $ 225,000 | $ 122,000 |
| Cook County Illinois | 12 | $ 3,860,000 | $ 321,000 | $ 229,000 |
| Fountain County Indiana | 7 | $ 795,000 | $ 113,000 | $ 90,000 |
| Warren County Indiana | 7 | $ 935,000 | $ 133,000 | $ 68,000 |
| Douglas County Illinois | 6 | $ 600,000 | $ 100,000 | $ 248,000 |
| McLean County Illinois | 6 | $ 550,000 | $ 91,000 | $ 73,000 |
| Piatt County Illinois | 5 | $ 995,000 | $ 199,000 | $ 112,000 |
| Morgan County Missouri | 5 | $ 945,000 | $ 189,000 | $ 125,000 |
| St. Louis County Missouri | 5 | $ 1,215,000 | $ 243,000 | $ 162,000 |
| Edgar County Illinois | 4 | $ 1,460,000 | $ 365,000 | $ 548,000 |
| Hamilton County Indiana | 4 | $ 350,000 | $ 87,000 | $ 63,000 |
| Jasper County Indiana | 4 | $ 1,190,000 | $ 297,000 | $ 178,000 |
| Vermillion County Indiana | 4 | $ 680,000 | $ 170,000 | $ 68,000 |
| Collier County Florida | 3 | $ 1,785,000 | $ 595,000 | $ 409,000 |
| St. Charles County Missouri | 3 | $ 735,000 | $ 245,000 | $ 356,000 |
| Pinellas County Florida | 2 | $ 550,000 | $ 275,000 | $ 222,000 |
| St. Lucie County Florida | 2 | $ 410,000 | $ 205,000 | $ 55,000 |
| Ford County Illinois | 2 | $ 150,000 | $ 75,000 | $ 81,000 |
| Tippecanoe County Indiana | 2 | $ 140,000 | $ 70,000 | $ 38,000 |
| St. Joseph County Michigan | 2 | $ 730,000 | $ 365,000 | $ 421,000 |
| Jasper County Missouri | 2 | $ 390,000 | $ 195,000 | $ 166,000 |
| Hernando County Florida | 1 | $ 175,000 | $ 175,000 | $ 654,000 |
| Jackson County Florida | 1 | $ 95,000 | $ 95,000 | $ 56,000 |
| Lee County Florida | 1 | $ 325,000 | $ 325,000 | $ 194,000 |
| Clark County Illinois | 1 | $ 365,000 | $ 365,000 | $ 300,000 |
| Coles County Illinois | 1 | $ 55,000 | $ 55,000 | $ 0 |
| De Witt County Illinois | 1 | $ 265,000 | $ 265,000 | $ 0 |
| DuPage County Illinois | 1 | $ 195,000 | $ 195,000 | $ 222,000 |
| Jo Daviess County Illinois | 1 | $ 205,000 | $ 205,000 | $ 146,000 |
| Kendall County Illinois | 1 | $ 145,000 | $ 145,000 | $ 67,000 |
| Macon County Illinois | 1 | $ 75,000 | $ 75,000 | $ 40,000 |
| Madison County Illinois | 1 | $ 65,000 | $ 65,000 | $ 40,000 |
| Monroe County Illinois | 1 | $ 65,000 | $ 65,000 | $ 226,000 |
| Tazewell County Illinois | 1 | $ 55,000 | $ 55,000 | $ 20,000 |
| Will County Illinois | 1 | $ 205,000 | $ 205,000 | $ 191,000 |
| Lake County Indiana | 1 | $ 125,000 | $ 125,000 | $ 125,000 |
| Vigo County Indiana | 1 | $ 115,000 | $ 115,000 | $ 82,000 |
| White County Indiana | 1 | $ 205,000 | $ 205,000 | $ 92,000 |
| Johnson County Kansas | 1 | $ 485,000 | $ 485,000 | $ 211,000 |
| Clay County Missouri | 1 | $ 205,000 | $ 205,000 | $ 257,000 |
| Jackson County Missouri | 1 | $ 85,000 | $ 85,000 | $ 159,000 |
| Stone County Missouri | 1 | $ 295,000 | $ 295,000 | $ 112,000 |
| Horry County South Carolina | 1 | $ 65,000 | $ 65,000 | $ 0 |
Mortgage Loan Application Detail Totals for Iroquois Federal Savings And Loan Association in 2020
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 | 405 | $70,595,000 | $174,000 | $5,425,000 | $120,000 | $974,000 |
| Home Purchase | 354 | $62,420,000 | $176,000 | $6,485,000 | $97,000 | $734,000 |
| Cash-out Refinancing | 53 | $6,655,000 | $125,000 | $495,000 | $106,000 | $468,000 |
| Home Improvement | 17 | $1,165,000 | $68,000 | $175,000 | $106,000 | $421,000 |
| Other Purpose | 11 | $735,000 | $66,000 | $175,000 | $228,000 | $779,000 |
| 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 | 658 | $95,820,000 | $145,000 | $1,005,000 | $112,000 | $974,000 |
| Not applicable | 106 | $35,470,000 | $334,000 | $6,485,000 | $0 | $0 |
| Not Provided | 33 | $4,495,000 | $136,000 | $425,000 | $116,000 | $430,000 |
| Black or African American | 18 | $2,070,000 | $115,000 | $395,000 | $102,000 | $654,000 |
| Hispanic | 16 | $1,980,000 | $123,000 | $235,000 | $114,000 | $201,000 |
| Asian | 5 | $1,255,000 | $251,000 | $715,000 | $177,000 | $308,000 |
| American Indian or Alaskan Native | 2 | $140,000 | $70,000 | $115,000 | $87,000 | $132,000 |
| 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) | 835 | $141,255,000 | $169,000 | $6,485,000 | $112,000 | $974,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 5 | $315,000 | $63,000 | $85,000 | $51,000 | $77,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FHA-insured (Federal Housing 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 | 598 | $109,240,000 | $182,000 | $6,485,000 | $120,000 | $886,000 |
| Application Withdrawn By Applicant | 100 | $15,400,000 | $154,000 | $515,000 | $120,000 | $974,000 |
| Application Denied By Financial Institution | 77 | $8,785,000 | $114,000 | $735,000 | $79,000 | $584,000 |
| Preapproval Denied by Financial Institution | 36 | $2,950,000 | $81,000 | $195,000 | $57,000 | $208,000 |
| File Closed For Incompleteness | 14 | $2,310,000 | $165,000 | $495,000 | $112,000 | $272,000 |
| Preapproval Approved but not Accepted | 13 | $2,015,000 | $155,000 | $295,000 | $86,000 | $192,000 |
| Application Approved But Not Accepted | 2 | $870,000 | $435,000 | $715,000 | $229,000 | $308,000 |
| Loan Purchased By The 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 | 727 | $129,835,000 | $178,000 | $6,485,000 | $120,000 | $974,000 |
| Credit History | 62 | $5,370,000 | $86,000 | $265,000 | $57,000 | $208,000 |
| Debt-To-Income Ratio | 32 | $3,280,000 | $102,000 | $225,000 | $58,000 | $179,000 |
| Collateral | 11 | $1,825,000 | $165,000 | $735,000 | $139,000 | $584,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $615,000 | $123,000 | $275,000 | $96,000 | $316,000 |
| Unverifiable Information | 2 | $350,000 | $175,000 | $265,000 | $116,000 | $189,000 |
| Other | 1 | $295,000 | $295,000 | $295,000 | $468,000 | $468,000 |
| 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 Iroquois Federal Savings And Loan Association's 2020 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 Iroquois Federal Savings And Loan Association'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.