Itasca Bank & Trust Co. Mortgage Lending & HMDA Data, 2008
In 2008, Itasca Bank & Trust Co. of Itasca, IL reported 88 mortgage applications totaling $40.6 million, up 31% from 2007. The average application was for $461,090, and applicants reported an average income of $45,920. 85% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Chicago-Naperville-Joliet, IL (80) and Lake County-Kenosha County, IL-WI (7).
| Mortgage Company & Address | Itasca Bank & Trust Co. 308 W. Irving Park Road Itasca, IL 60143 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 88 |
| Total Mortgage Loan Application Amount | $40,576,000 |
| Average Mortgage Loan Application Amount | $461,090 |
| Highest Mortgage Loan Application Amount | $4,000,000 |
| Average Applicant Income | $45,920 |
| Highest Applicant Income | $355,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Itasca Bank & Trust Co. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| DuPage, Illinois | 38 | $ 12,607,000 | $ 331,763 | $ 66,000 |
| Cook, Illinois | 36 | $ 20,967,000 | $ 582,416 | $ 11,000 |
| Lake, Illinois | 7 | $ 5,360,000 | $ 765,714 | $ 99,000 |
| Will, Illinois | 3 | $ 1,172,000 | $ 390,666 | $ 69,000 |
| Kane, Illinois | 2 | $ 385,000 | $ 192,500 | $ 111,000 |
| Lee, Illinois | 1 | $ 55,000 | $ 55,000 | $ 0 |
| McHenry, Illinois | 1 | $ 30,000 | $ 30,000 | $ 0 |
Mortgage Loan Application Detail Totals for Itasca Bank & Trust Co. in 2008
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 Improvement | 43 | $25,546,000 | $594,000 | $4,000,000 | $0 | $0 |
| Refinancing | 32 | $10,592,000 | $331,000 | $954,000 | $69,000 | $250,000 |
| Home Purchase | 13 | $4,438,000 | $341,000 | $1,200,000 | $141,000 | $355,000 |
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 |
|---|---|---|---|---|---|---|
| Not applicable | 43 | $25,546,000 | $594,000 | $4,000,000 | $0 | $0 |
| White | 42 | $13,685,000 | $325,000 | $1,200,000 | $84,000 | $355,000 |
| Asian | 2 | $940,000 | $470,000 | $500,000 | $160,000 | $160,000 |
| Black or African American | 1 | $405,000 | $405,000 | $405,000 | $189,000 | $189,000 |
| Hispanic | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 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) | 88 | $40,576,000 | $461,000 | $4,000,000 | $46,000 | $355,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 75 | $32,301,000 | $430,000 | $2,720,000 | $38,000 | $355,000 |
| Application Denied By Financial Institution | 8 | $6,130,000 | $766,000 | $4,000,000 | $66,000 | $155,000 |
| Application Approved But Not Accepted | 3 | $1,425,000 | $475,000 | $630,000 | $99,000 | $155,000 |
| Application Withdrawn By Applicant | 2 | $720,000 | $360,000 | $440,000 | $184,000 | $208,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 2 | $108,000 | $54,000 | $55,000 | $33,000 | $67,000 |
| Debt-To-Income Ratio | 2 | $875,000 | $437,000 | $700,000 | $55,000 | $97,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $975,000 | $487,000 | $650,000 | $155,000 | $155,000 |
| Other | 2 | $4,172,000 | $2,086,000 | $4,000,000 | $22,000 | $44,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Itasca Bank & Trust Co.'s 2008 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 Itasca Bank & Trust Co.'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