Majestic Mortgage
Mortgage Loan Application
Totals and Details
for 2004

Find mortgage loan statistics, lending data, and loan application totals for Illinois.
The mortgage statistics and data below are specific to mortgage loan applications for Majestic Mortgage.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.

Mortgage Company & Address Majestic Mortgage
945 Lakeview Parkway Ste 170
Vernon Hills, IL 60061
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  2004  2003  
Total Number of Mortgage Applications 1,474
Total Mortgage Loan Application Amount $239,837,000
Average Mortgage Loan Application Amount $170,857
Highest Mortgage Loan Application Amount $960,000
Average Applicant Income $104,107
Highest Applicant Income $1,052,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in IL, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Majestic Mortgage by County in 2004

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Lake County Illinois 285 $ 54,815,000 $ 192,000 $ 78,000
Washington County Utah 200 $ 26,129,000 $ 130,000 $ 66,000
Minnehaha County South Dakota 102 $ 11,016,000 $ 108,000 $ 66,000
Cook County Illinois 88 $ 18,380,000 $ 208,000 $ 81,000
McHenry County Illinois 80 $ 13,739,000 $ 171,000 $ 76,000
Kane County Illinois 71 $ 11,285,000 $ 158,000 $ 79,000
Will County Illinois 71 $ 12,423,000 $ 174,000 $ 65,000
Denver County Colorado 57 $ 9,119,000 $ 159,000 $ 65,000
Jefferson County Colorado 57 $ 9,066,000 $ 159,000 $ 65,000
Arapahoe County Colorado 55 $ 9,733,000 $ 176,000 $ 80,000
Lincoln County South Dakota 39 $ 6,046,000 $ 155,000 $ 107,000
Kenosha County Wisconsin 39 $ 5,289,000 $ 135,000 $ 54,000
DuPage County Illinois 37 $ 7,149,000 $ 193,000 $ 94,000
Adams County Colorado 35 $ 5,143,000 $ 146,000 $ 68,000
Douglas County Colorado 31 $ 4,909,000 $ 158,000 $ 52,000
Orange County Florida 27 $ 3,685,000 $ 136,000 $ 70,000
DeKalb County Illinois 23 $ 3,503,000 $ 152,000 $ 61,000
Utah County Utah 22 $ 3,890,000 $ 176,000 $ 103,000
Kendall County Illinois 11 $ 1,957,000 $ 177,000 $ 51,000
Denton County Texas 10 $ 3,011,000 $ 301,000 $ 0
Salt Lake County Utah 9 $ 828,000 $ 92,000 $ 47,000
Grundy County Illinois 7 $ 1,168,000 $ 166,000 $ 68,000
El Paso County Colorado 6 $ 703,000 $ 117,000 $ 56,000
Milwaukee County Wisconsin 6 $ 439,000 $ 73,000 $ 40,000
Larimer County Colorado 5 $ 682,000 $ 136,000 $ 38,000
Weld County Colorado 5 $ 795,000 $ 159,000 $ 76,000
Winnebago County Illinois 5 $ 458,000 $ 91,000 $ 94,000
Turner County South Dakota 5 $ 414,000 $ 82,000 $ 39,000
Walworth County Wisconsin 5 $ 929,000 $ 185,000 $ 109,000
Seminole County Florida 4 $ 486,000 $ 121,000 $ 44,000
Hamilton County Indiana 4 $ 691,000 $ 172,000 $ 83,000
Waukesha County Wisconsin 4 $ 858,000 $ 214,000 $ 108,000
Boulder County Colorado 3 $ 969,000 $ 323,000 $ 164,000
Marion County Indiana 3 $ 427,000 $ 142,000 $ 75,000
Collin County Texas 3 $ 561,000 $ 187,000 $ 40,000
Orange County California 2 $ 788,000 $ 394,000 $ 50,000
Riverside County California 2 $ 525,000 $ 262,000 $ 250,000
Garfield County Colorado 2 $ 223,000 $ 111,000 $ 77,000
Summit County Colorado 2 $ 335,000 $ 167,000 $ 158,000
Palm Beach County Florida 2 $ 364,000 $ 182,000 $ 58,000
Boone County Illinois 2 $ 194,000 $ 97,000 $ 87,000
Clark County Nevada 2 $ 190,000 $ 95,000 $ 138,000
Grand Forks County North Dakota 2 $ 329,000 $ 164,000 $ 450,000
Berkeley County South Carolina 2 $ 167,000 $ 83,000 $ 48,000
Charleston County South Carolina 2 $ 247,000 $ 123,000 $ 97,000
Tripp County South Dakota 2 $ 175,000 $ 87,000 $ 0
Iron County Utah 2 $ 148,000 $ 74,000 $ 107,000
Wasatch County Utah 2 $ 918,000 $ 459,000 $ 194,000
Grant County Wisconsin 2 $ 96,000 $ 48,000 $ 49,000
La Plata County Colorado 1 $ 226,000 $ 226,000 $ 145,000
Las Animas County Colorado 1 $ 30,000 $ 30,000 $ 40,000
Montezuma County Colorado 1 $ 102,000 $ 102,000 $ 30,000
Brevard County Florida 1 $ 69,000 $ 69,000 $ 72,000
Hillsborough County Florida 1 $ 240,000 $ 240,000 $ 85,000
Lake County Florida 1 $ 135,000 $ 135,000 $ 17,000
Lee County Florida 1 $ 182,000 $ 182,000 $ 53,000
Pasco County Florida 1 $ 156,000 $ 156,000 $ 110,000
Polk County Florida 1 $ 157,000 $ 157,000 $ 55,000
Volusia County Florida 1 $ 122,000 $ 122,000 $ 0
Cobb County Georgia 1 $ 168,000 $ 168,000 $ 157,000
Bond County Illinois 1 $ 74,000 $ 74,000 $ 208,000
Carroll County Illinois 1 $ 68,000 $ 68,000 $ 98,000
Macoupin County Illinois 1 $ 139,000 $ 139,000 $ 83,000
McLean County Illinois 1 $ 100,000 $ 100,000 $ 24,000
Ogle County Illinois 1 $ 130,000 $ 130,000 $ 68,000
Rock Island County Illinois 1 $ 111,000 $ 111,000 $ 40,000
Allen County Indiana 1 $ 88,000 $ 88,000 $ 46,000
Hendricks County Indiana 1 $ 172,000 $ 172,000 $ 139,000
Johnson County Indiana 1 $ 80,000 $ 80,000 $ 65,000
Lyon County Iowa 1 $ 117,000 $ 117,000 $ 33,000
Ouachita County Louisiana 1 $ 315,000 $ 315,000 $ 89,000
Calhoun County Michigan 1 $ 127,000 $ 127,000 $ 62,000
Kent County Michigan 1 $ 162,000 $ 162,000 $ 79,000
Alamance County North Carolina 1 $ 184,000 $ 184,000 $ 52,000
Davison County South Dakota 1 $ 110,000 $ 110,000 $ 57,000
Union County South Dakota 1 $ 75,000 $ 75,000 $ 49,000
Kane County Utah 1 $ 156,000 $ 156,000 $ 25,000
Dane County Wisconsin 1 $ 156,000 $ 156,000 $ 81,000
Marathon County Wisconsin 1 $ 150,000 $ 150,000 $ 0
Ozaukee County Wisconsin 1 $ 184,000 $ 184,000 $ 92,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Illinois, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Majestic Mortgage in 2004

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 778 $113,499,000 $142,214 $960,000 $119,714 $1,052,000
Home Purchase 696 $126,338,000 $199,500 $787,000 $88,500 $977,000
Home Improvement 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 1,262 $203,219,000 $168,529 $960,000 $100,294 $1,052,000
Not Provided 89 $16,081,000 $167,166 $620,000 $80,333 $280,000
Hispanic 63 $9,468,000 $155,200 $540,000 $62,800 $156,000
Black or African American 28 $5,245,000 $152,400 $626,000 $54,600 $225,000
Asian 24 $4,590,000 $191,333 $665,000 $67,333 $235,000
Native Hawaiian or Other Pacific Islander 6 $1,012,000 $168,000 $242,000 $81,000 $143,000
American Indian or Alaskan Native 2 $222,000 $111,000 $143,000 $43,000 $62,000
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) 1,247 $204,118,000 $175,562 $960,000 $108,500 $1,052,000
FHA-insured (Federal Housing Administration) 200 $31,250,000 $138,666 $266,000 $47,111 $166,000
VA-guaranteed (Veterans Administration) 27 $4,469,000 $160,333 $240,000 $43,000 $94,000
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
Loan Originated 1,289 $210,613,000 $167,625 $960,000 $108,750 $1,052,000
Application Withdrawn By Applicant 161 $25,760,000 $147,100 $665,000 $59,100 $279,000
Application Denied By Financial Institution 24 $3,464,000 $138,800 $500,000 $62,200 $194,000
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
Other 7 $855,000 $110,500 $192,000 $59,000 $134,000
Credit History 5 $778,000 $155,600 $256,000 $28,600 $78,000
Debt-To-Income Ratio 5 $400,000 $62,000 $185,000 $68,500 $136,000
Collateral 3 $768,000 $256,000 $500,000 $119,000 $194,000
Employment History 2 $212,000 $106,000 $129,000 $54,500 $75,000
Insufficient Cash (Downpayment, Closing Cost) 1 $201,000 $201,000 $201,000 $70,000 $70,000
Unverifiable Information 1 $250,000 $250,000 $250,000 $54,000 $54,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in IL, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Illinois, and search similar information at your convenience.

Download the Illinois Lender List