Longview Bank and Trust Mortgage Lending & HMDA Data, 2022

In 2022, Longview Bank and Trust of Marshall, IL reported 230 mortgage applications totaling $25.1 million, down 34% from 2021. The average application was for $109,304, and applicants reported an average income of $85,606. 91% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Danville, IL (65), Terre Haute, IN (14) and Champaign-Urbana, IL (3) (applications in parentheses).

Mortgage Company & Address Longview Bank and Trust
600 E Jasper St
Marshall, IL 62441
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  
Total Number of Mortgage Applications 230
Total Mortgage Loan Application Amount $25,140,000
Average Mortgage Loan Application Amount $109,304
Highest Mortgage Loan Application Amount $625,000
Average Applicant Income $85,606
Highest Applicant Income $378,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Longview Bank and Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Longview Bank and Trust by Metropolitan Area in 2022

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 140 $ 15,150,000 $ 108,214 $ 90,414
Danville, IL 65 $ 6,135,000 $ 94,384 $ 74,000
Terre Haute, IN 14 $ 2,060,000 $ 147,142 $ 107,000
Champaign-Urbana, IL 3 $ 465,000 $ 155,000 $ 83,000
Evansville, IN-KY 1 $ 185,000 $ 185,000 $ 37,000
Lafayette-West Lafayette, IN 1 $ 235,000 $ 235,000 $ 77,000
Springfield, IL 1 $ 95,000 $ 95,000 $ 91,000

Mortgage Loan Application Detail Totals for Longview Bank and Trust in 2022

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 114 $12,180,000 $106,000 $625,000 $84,000 $289,000
Home Purchase 106 $12,420,000 $117,000 $565,000 $89,000 $378,000
Other Purpose 9 $495,000 $55,000 $155,000 $66,000 $129,000
Home Improvement 1 $45,000 $45,000 $45,000 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
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 215 $23,445,000 $109,000 $625,000 $86,000 $378,000
Not applicable 13 $1,405,000 $108,000 $505,000 $69,000 $69,000
Black or African American 1 $215,000 $215,000 $215,000 $144,000 $144,000
Hispanic 1 $75,000 $75,000 $75,000 $35,000 $35,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 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) 225 $24,645,000 $109,000 $625,000 $87,000 $378,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 5 $495,000 $99,000 $125,000 $54,000 $84,000
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 210 $23,220,000 $110,000 $625,000 $87,000 $378,000
Application Withdrawn By Applicant 16 $1,580,000 $98,000 $185,000 $71,000 $147,000
Application Denied By Financial Institution 4 $340,000 $85,000 $175,000 $59,000 $66,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
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 226 $24,800,000 $109,000 $625,000 $86,000 $378,000
Collateral 2 $100,000 $50,000 $75,000 $60,000 $60,000
Debt-To-Income Ratio 1 $65,000 $65,000 $65,000 $52,000 $52,000
Mortgage Insurance Denied 1 $175,000 $175,000 $175,000 $66,000 $66,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Longview Bank and Trust's 2022 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 Longview Bank and Trust'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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