Mutual Federal Bank
Mortgage Loan Application
Totals and Details
for 2020

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 1,644
Total Mortgage Loan Application Amount $389,430,000
Average Mortgage Loan Application Amount $233,000
Highest Mortgage Loan Application Amount $2,405,000
Average Applicant Income $126,000
Highest Applicant Income $2,037,000

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 Mutual Federal Bank by County in 2020

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 591 $ 132,945,000 $ 224,000 $ 117,000
Cook County Illinois 381 $ 90,755,000 $ 238,000 $ 136,000
DuPage County Illinois 160 $ 41,960,000 $ 262,000 $ 135,000
Kendall County Illinois 85 $ 19,005,000 $ 223,000 $ 102,000
Kane County Illinois 76 $ 16,780,000 $ 220,000 $ 116,000
Grundy County Illinois 67 $ 13,855,000 $ 206,000 $ 93,000
Lake County Illinois 25 $ 5,945,000 $ 237,000 $ 126,000
Lake County Indiana 20 $ 4,900,000 $ 245,000 $ 108,000
Kankakee County Illinois 17 $ 1,975,000 $ 116,000 $ 364,000
McHenry County Illinois 13 $ 3,675,000 $ 282,000 $ 104,000
Charleston County South Carolina 9 $ 2,835,000 $ 315,000 $ 108,000
King County Washington 9 $ 3,475,000 $ 386,000 $ 211,000
Winnebago County Illinois 8 $ 1,210,000 $ 151,000 $ 128,000
Collier County Florida 7 $ 1,435,000 $ 205,000 $ 301,000
Lee County Florida 6 $ 1,610,000 $ 268,000 $ 513,000
Maricopa County Arizona 5 $ 1,385,000 $ 277,000 $ 115,000
DeKalb County Illinois 5 $ 875,000 $ 175,000 $ 85,000
LaSalle County Illinois 5 $ 1,095,000 $ 219,000 $ 79,000
Hamilton County Indiana 4 $ 1,000,000 $ 250,000 $ 171,000
Jefferson County Missouri 4 $ 660,000 $ 165,000 $ 115,000
Otero County New Mexico 4 $ 670,000 $ 167,000 $ 119,000
Larimer County Colorado 3 $ 795,000 $ 265,000 $ 76,000
Manatee County Florida 3 $ 1,015,000 $ 338,000 $ 92,000
Pinellas County Florida 3 $ 1,035,000 $ 345,000 $ 372,000
Livingston County Illinois 3 $ 625,000 $ 208,000 $ 58,000
LaPorte County Indiana 3 $ 905,000 $ 301,000 $ 205,000
Mecklenburg County North Carolina 3 $ 645,000 $ 215,000 $ 306,000
Union County North Carolina 3 $ 375,000 $ 125,000 $ 330,000
Davidson County Tennessee 3 $ 685,000 $ 228,000 $ 55,000
Rock County Wisconsin 3 $ 625,000 $ 208,000 $ 83,000
Winnebago County Wisconsin 3 $ 555,000 $ 185,000 $ 153,000
Pinal County Arizona 2 $ 390,000 $ 195,000 $ 119,000
Los Angeles County California 2 $ 760,000 $ 380,000 $ 91,000
Hernando County Florida 2 $ 450,000 $ 225,000 $ 111,000
Hillsborough County Florida 2 $ 1,590,000 $ 795,000 $ 268,000
Miami-Dade County Florida 2 $ 1,070,000 $ 535,000 $ 136,000
Volusia County Florida 2 $ 970,000 $ 485,000 $ 136,000
Ogle County Illinois 2 $ 290,000 $ 145,000 $ 41,000
Woodford County Illinois 2 $ 290,000 $ 145,000 $ 138,000
Boone County Indiana 2 $ 760,000 $ 380,000 $ 152,000
Jennings County Indiana 2 $ 330,000 $ 165,000 $ 63,000
Johnson County Kansas 2 $ 250,000 $ 125,000 $ 113,000
Essex County Massachusetts 2 $ 610,000 $ 305,000 $ 199,000
Wayne County Michigan 2 $ 250,000 $ 125,000 $ 55,000
Harrison County Mississippi 2 $ 650,000 $ 325,000 $ 502,000
St. Louis County Missouri 2 $ 260,000 $ 130,000 $ 111,000
Clark County Nevada 2 $ 720,000 $ 360,000 $ 246,000
Iredell County North Carolina 2 $ 610,000 $ 305,000 $ 306,000
Orange County North Carolina 2 $ 200,000 $ 100,000 $ 64,000
Lancaster County South Carolina 2 $ 460,000 $ 230,000 $ 154,000
Grayson County Texas 2 $ 1,030,000 $ 515,000 $ 147,000
Dane County Wisconsin 2 $ 460,000 $ 230,000 $ 179,000
Gila County Arizona 1 $ 335,000 $ 335,000 $ 171,000
Yavapai County Arizona 1 $ 195,000 $ 195,000 $ 145,000
Alameda County California 1 $ 515,000 $ 515,000 $ 160,000
San Bernardino County California 1 $ 165,000 $ 165,000 $ 92,000
San Diego County California 1 $ 495,000 $ 495,000 $ 0
San Mateo County California 1 $ 2,175,000 $ 2,175,000 $ 476,000
El Paso County Colorado 1 $ 285,000 $ 285,000 $ 69,000
Jefferson County Colorado 1 $ 365,000 $ 365,000 $ 94,000
Pasco County Florida 1 $ 65,000 $ 65,000 $ 25,000
Polk County Florida 1 $ 105,000 $ 105,000 $ 31,000
Ada County Idaho 1 $ 185,000 $ 185,000 $ 121,000
Bureau County Illinois 1 $ 95,000 $ 95,000 $ 126,000
McLean County Illinois 1 $ 75,000 $ 75,000 $ 17,000
Putnam County Illinois 1 $ 175,000 $ 175,000 $ 238,000
Rock Island County Illinois 1 $ 65,000 $ 65,000 $ 114,000
Sangamon County Illinois 1 $ 165,000 $ 165,000 $ 85,000
Stephenson County Illinois 1 $ 95,000 $ 95,000 $ 51,000
Hendricks County Indiana 1 $ 145,000 $ 145,000 $ 63,000
Jasper County Indiana 1 $ 145,000 $ 145,000 $ 52,000
Marshall County Indiana 1 $ 285,000 $ 285,000 $ 265,000
Montgomery County Indiana 1 $ 245,000 $ 245,000 $ 54,000
Newton County Indiana 1 $ 135,000 $ 135,000 $ 60,000
Porter County Indiana 1 $ 235,000 $ 235,000 $ 103,000
Whitley County Indiana 1 $ 115,000 $ 115,000 $ 0
Kenton County Kentucky 1 $ 115,000 $ 115,000 $ 41,000
Oldham County Kentucky 1 $ 115,000 $ 115,000 $ 53,000
Orleans County Louisiana 1 $ 105,000 $ 105,000 $ 54,000
Talbot County Maryland 1 $ 355,000 $ 355,000 $ 150,000
Middlesex County Massachusetts 1 $ 435,000 $ 435,000 $ 134,000
Berrien County Michigan 1 $ 475,000 $ 475,000 $ 240,000
Cass County Michigan 1 $ 305,000 $ 305,000 $ 219,000
Jackson County Michigan 1 $ 145,000 $ 145,000 $ 60,000
Leelanau County Michigan 1 $ 405,000 $ 405,000 $ 125,000
St. Joseph County Michigan 1 $ 185,000 $ 185,000 $ 221,000
Van Buren County Michigan 1 $ 395,000 $ 395,000 $ 230,000
Hennepin County Minnesota 1 $ 1,005,000 $ 1,005,000 $ 480,000
Cape Girardeau County Missouri 1 $ 95,000 $ 95,000 $ 46,000
St. Charles County Missouri 1 $ 275,000 $ 275,000 $ 96,000
Carroll County New Hampshire 1 $ 385,000 $ 385,000 $ 134,000
Morris County New Jersey 1 $ 335,000 $ 335,000 $ 0
Sussex County New Jersey 1 $ 105,000 $ 105,000 $ 60,000
Lea County New Mexico 1 $ 105,000 $ 105,000 $ 167,000
New Hanover County North Carolina 1 $ 205,000 $ 205,000 $ 54,000
Wake County North Carolina 1 $ 255,000 $ 255,000 $ 219,000
Lorain County Ohio 1 $ 315,000 $ 315,000 $ 142,000
Carter County Oklahoma 1 $ 255,000 $ 255,000 $ 28,000
Multnomah County Oregon 1 $ 255,000 $ 255,000 $ 96,000
Beaver County Pennsylvania 1 $ 275,000 $ 275,000 $ 94,000
Centre County Pennsylvania 1 $ 345,000 $ 345,000 $ 96,000
Philadelphia County Pennsylvania 1 $ 65,000 $ 65,000 $ 24,000
Providence County Rhode Island 1 $ 1,355,000 $ 1,355,000 $ 473,000
Beaufort County South Carolina 1 $ 185,000 $ 185,000 $ 206,000
Dorchester County South Carolina 1 $ 175,000 $ 175,000 $ 66,000
Horry County South Carolina 1 $ 155,000 $ 155,000 $ 81,000
York County South Carolina 1 $ 515,000 $ 515,000 $ 270,000
Shelby County Tennessee 1 $ 245,000 $ 245,000 $ 110,000
Sumner County Tennessee 1 $ 345,000 $ 345,000 $ 73,000
Collin County Texas 1 $ 185,000 $ 185,000 $ 37,000
Harris County Texas 1 $ 205,000 $ 205,000 $ 0
Tarrant County Texas 1 $ 485,000 $ 485,000 $ 222,000
Island County Washington 1 $ 1,085,000 $ 1,085,000 $ 343,000
Pierce County Washington 1 $ 365,000 $ 365,000 $ 165,000
Snohomish County Washington 1 $ 165,000 $ 165,000 $ 243,000
Harrison County West Virginia 1 $ 345,000 $ 345,000 $ 70,000
Bayfield County Wisconsin 1 $ 95,000 $ 95,000 $ 108,000
Milwaukee County Wisconsin 1 $ 155,000 $ 155,000 $ 61,000
Oneida County Wisconsin 1 $ 135,000 $ 135,000 $ 381,000
Ozaukee County Wisconsin 1 $ 415,000 $ 415,000 $ 112,000
Racine County Wisconsin 1 $ 195,000 $ 195,000 $ 84,000
Sawyer County Wisconsin 1 $ 395,000 $ 395,000 $ 331,000
Sheboygan County Wisconsin 1 $ 355,000 $ 355,000 $ 227,000

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 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 1,014 $243,080,000 $239,000 $2,405,000 $140,000 $2,037,000
Home Purchase 459 $107,395,000 $233,000 $1,355,000 $104,000 $717,000
Cash-out Refinancing 171 $38,955,000 $227,000 $1,005,000 $134,000 $866,000
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 1,218 $292,950,000 $240,000 $2,405,000 $133,000 $2,037,000
Not Provided 202 $47,720,000 $236,000 $2,175,000 $138,000 $1,800,000
Hispanic 134 $28,270,000 $210,000 $555,000 $95,000 $329,000
Black or African American 46 $10,420,000 $226,000 $405,000 $97,000 $231,000
Asian 43 $9,555,000 $222,000 $515,000 $113,000 $208,000
Native Hawaiian or Other Pacific Islander 1 $515,000 $515,000 $515,000 $360,000 $360,000
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 1,436 $344,320,000 $239,000 $2,405,000 $138,000 $2,037,000
FHA-insured (Federal Housing Administration) 188 $39,100,000 $207,000 $405,000 $71,000 $219,000
VA-guaranteed (Veterans Administration) 19 $5,865,000 $308,000 $1,355,000 $78,000 $473,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $145,000 $145,000 $145,000 $74,000 $74,000

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 1,079 $251,985,000 $233,000 $925,000 $130,000 $2,037,000
Application Withdrawn By Applicant 397 $101,925,000 $256,000 $2,405,000 $141,000 $1,800,000
Application Denied By Financial Institution 95 $19,655,000 $206,000 $505,000 $85,000 $241,000
File Closed For Incompleteness 65 $14,055,000 $216,000 $515,000 $118,000 $717,000
Application Approved But Not Accepted 8 $1,810,000 $226,000 $435,000 $113,000 $155,000
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 1,549 $369,775,000 $238,000 $2,405,000 $132,000 $2,037,000
Credit History 26 $4,780,000 $183,000 $335,000 $74,000 $167,000
Debt-To-Income Ratio 26 $5,760,000 $221,000 $505,000 $73,000 $205,000
Collateral 23 $5,115,000 $222,000 $375,000 $127,000 $241,000
Employment History 7 $1,435,000 $205,000 $325,000 $71,000 $170,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,040,000 $173,000 $285,000 $68,000 $110,000
Unverifiable Information 5 $1,155,000 $231,000 $385,000 $59,000 $144,000
Mortgage Insurance Denied 1 $165,000 $165,000 $165,000 $45,000 $45,000
Other 1 $205,000 $205,000 $205,000 $80,000 $80,000
Credit Application Incomplete 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.

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