Mutual Federal Bank
Mortgage Loan Application
Totals and Details
for 2019
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 Mutual Federal Bank.
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 | Mutual Federal Bank 2212 Cermak Road Chicago, IL 60608 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 613 |
| Total Mortgage Loan Application Amount | $148,015,000 |
| Average Mortgage Loan Application Amount | $235,000 |
| Highest Mortgage Loan Application Amount | $1,455,000 |
| Average Applicant Income | $147,000 |
| Highest Applicant Income | $2,000,000 |
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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Will County Illinois | 204 | $ 44,660,000 | $ 218,000 | $ 134,000 |
| Cook County Illinois | 182 | $ 49,670,000 | $ 272,000 | $ 155,000 |
| DuPage County Illinois | 51 | $ 15,095,000 | $ 295,000 | $ 147,000 |
| Grundy County Illinois | 27 | $ 5,395,000 | $ 199,000 | $ 78,000 |
| Kendall County Illinois | 25 | $ 5,145,000 | $ 205,000 | $ 88,000 |
| Kankakee County Illinois | 17 | $ 2,185,000 | $ 128,000 | $ 704,000 |
| Lake County Illinois | 17 | $ 5,525,000 | $ 325,000 | $ 240,000 |
| Kane County Illinois | 12 | $ 2,370,000 | $ 197,000 | $ 82,000 |
| Lake County Indiana | 7 | $ 1,415,000 | $ 202,000 | $ 79,000 |
| McHenry County Illinois | 5 | $ 1,655,000 | $ 331,000 | $ 332,000 |
| LaSalle County Illinois | 4 | $ 740,000 | $ 185,000 | $ 70,000 |
| Manatee County Florida | 3 | $ 915,000 | $ 305,000 | $ 90,000 |
| DeKalb County Illinois | 3 | $ 555,000 | $ 185,000 | $ 103,000 |
| Maricopa County Arizona | 2 | $ 680,000 | $ 340,000 | $ 159,000 |
| Bureau County Illinois | 2 | $ 290,000 | $ 145,000 | $ 170,000 |
| Porter County Indiana | 2 | $ 440,000 | $ 220,000 | $ 85,000 |
| Ottawa County Michigan | 2 | $ 310,000 | $ 155,000 | $ 53,000 |
| Charleston County South Carolina | 2 | $ 530,000 | $ 265,000 | $ 62,000 |
| Tarrant County Texas | 2 | $ 650,000 | $ 325,000 | $ 194,000 |
| Walworth County Wisconsin | 2 | $ 750,000 | $ 375,000 | $ 403,000 |
| Los Angeles County California | 1 | $ 465,000 | $ 465,000 | $ 130,000 |
| Riverside County California | 1 | $ 375,000 | $ 375,000 | $ 145,000 |
| Brevard County Florida | 1 | $ 85,000 | $ 85,000 | $ 35,000 |
| Miami-Dade County Florida | 1 | $ 345,000 | $ 345,000 | $ 136,000 |
| Polk County Florida | 1 | $ 105,000 | $ 105,000 | $ 31,000 |
| Seminole County Florida | 1 | $ 165,000 | $ 165,000 | $ 41,000 |
| St. Lucie County Florida | 1 | $ 115,000 | $ 115,000 | $ 135,000 |
| Seminole County Georgia | 1 | $ 115,000 | $ 115,000 | $ 40,000 |
| Ada County Idaho | 1 | $ 465,000 | $ 465,000 | $ 117,000 |
| Peoria County Illinois | 1 | $ 115,000 | $ 115,000 | $ 72,000 |
| Sangamon County Illinois | 1 | $ 165,000 | $ 165,000 | $ 78,000 |
| St. Clair County Illinois | 1 | $ 25,000 | $ 25,000 | $ 74,000 |
| Winnebago County Illinois | 1 | $ 175,000 | $ 175,000 | $ 89,000 |
| Hamilton County Indiana | 1 | $ 195,000 | $ 195,000 | $ 72,000 |
| Tippecanoe County Indiana | 1 | $ 55,000 | $ 55,000 | $ 42,000 |
| Orleans County Louisiana | 1 | $ 485,000 | $ 485,000 | $ 194,000 |
| Oakland County Michigan | 1 | $ 135,000 | $ 135,000 | $ 63,000 |
| Dakota County Minnesota | 1 | $ 285,000 | $ 285,000 | $ 103,000 |
| Le Sueur County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 60,000 |
| Jasper County Missouri | 1 | $ 145,000 | $ 145,000 | $ 37,000 |
| St. Charles County Missouri | 1 | $ 275,000 | $ 275,000 | $ 96,000 |
| Wright County Missouri | 1 | $ 175,000 | $ 175,000 | $ 103,000 |
| Clark County Nevada | 1 | $ 215,000 | $ 215,000 | $ 107,000 |
| Morris County New Jersey | 1 | $ 335,000 | $ 335,000 | $ 93,000 |
| Lea County New Mexico | 1 | $ 165,000 | $ 165,000 | $ 50,000 |
| Moore County North Carolina | 1 | $ 215,000 | $ 215,000 | $ 48,000 |
| Rutherford County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 54,000 |
| Huron County Ohio | 1 | $ 85,000 | $ 85,000 | $ 82,000 |
| Northampton County Pennsylvania | 1 | $ 55,000 | $ 55,000 | $ 21,000 |
| Philadelphia County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 14,000 |
| Horry County South Carolina | 1 | $ 155,000 | $ 155,000 | $ 78,000 |
| Pickens County South Carolina | 1 | $ 115,000 | $ 115,000 | $ 42,000 |
| Davidson County Tennessee | 1 | $ 325,000 | $ 325,000 | $ 86,000 |
| Robertson County Tennessee | 1 | $ 95,000 | $ 95,000 | $ 58,000 |
| Cameron County Texas | 1 | $ 85,000 | $ 85,000 | $ 148,000 |
| Dallas County Texas | 1 | $ 175,000 | $ 175,000 | $ 38,000 |
| Island County Washington | 1 | $ 1,075,000 | $ 1,075,000 | $ 216,000 |
| Mason County Washington | 1 | $ 245,000 | $ 245,000 | $ 58,000 |
| Pierce County Washington | 1 | $ 355,000 | $ 355,000 | $ 168,000 |
| Outagamie County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 46,000 |
| Racine County Wisconsin | 1 | $ 195,000 | $ 195,000 | $ 88,000 |
| Sheboygan County Wisconsin | 1 | $ 225,000 | $ 225,000 | $ 238,000 |
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 Mutual Federal Bank in 2019
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 | 297 | $76,695,000 | $258,000 | $1,455,000 | $201,000 | $2,000,000 |
| Home Purchase | 248 | $56,360,000 | $227,000 | $995,000 | $97,000 | $485,000 |
| Cash-out Refinancing | 68 | $14,960,000 | $220,000 | $765,000 | $143,000 | $838,000 |
| 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 | 467 | $114,255,000 | $244,000 | $1,075,000 | $167,000 | $2,000,000 |
| Hispanic | 60 | $12,560,000 | $209,000 | $445,000 | $90,000 | $218,000 |
| Asian | 33 | $7,345,000 | $222,000 | $485,000 | $126,000 | $184,000 |
| Black or African American | 25 | $4,935,000 | $197,000 | $385,000 | $78,000 | $192,000 |
| Not Provided | 24 | $6,880,000 | $286,000 | $1,065,000 | $136,000 | $485,000 |
| Not applicable | 2 | $1,720,000 | $860,000 | $1,455,000 | $182,000 | $182,000 |
| American Indian or Alaskan Native | 1 | $215,000 | $215,000 | $215,000 | $66,000 | $66,000 |
| 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) | 499 | $123,035,000 | $246,000 | $1,455,000 | $169,000 | $2,000,000 |
| FHA-insured (Federal Housing Administration) | 104 | $22,310,000 | $214,000 | $465,000 | $76,000 | $203,000 |
| VA-guaranteed (Veterans Administration) | 8 | $2,380,000 | $297,000 | $445,000 | $110,000 | $190,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $290,000 | $145,000 | $165,000 | $52,000 | $56,000 |
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 | 384 | $89,920,000 | $234,000 | $1,455,000 | $169,000 | $2,000,000 |
| Application Withdrawn By Applicant | 143 | $37,195,000 | $260,000 | $995,000 | $125,000 | $838,000 |
| Application Denied By Financial Institution | 54 | $11,450,000 | $212,000 | $655,000 | $122,000 | $798,000 |
| File Closed For Incompleteness | 26 | $7,890,000 | $303,000 | $1,075,000 | $115,000 | $271,000 |
| Application Approved But Not Accepted | 6 | $1,560,000 | $260,000 | $645,000 | $156,000 | $468,000 |
| 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 | 559 | $136,565,000 | $244,000 | $1,455,000 | $155,000 | $2,000,000 |
| Credit History | 24 | $4,590,000 | $191,000 | $575,000 | $81,000 | $239,000 |
| Collateral | 11 | $1,965,000 | $178,000 | $345,000 | $226,000 | $798,000 |
| Debt-To-Income Ratio | 10 | $2,380,000 | $238,000 | $655,000 | $70,000 | $145,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $1,715,000 | $343,000 | $375,000 | $107,000 | $149,000 |
| Other | 2 | $620,000 | $310,000 | $485,000 | $376,000 | $721,000 |
| Employment History | 2 | $180,000 | $90,000 | $115,000 | $90,000 | $135,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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.