Mutual Federal Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
Mutual Federal Bank 2021 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Mutual Federal Bank 2212 Cermak Road Chicago, IL 60608 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 1,018 |
| Total Mortgage Loan Application Amount | $250,640,000 |
| Average Mortgage Loan Application Amount | $272,750 |
| Highest Mortgage Loan Application Amount | $1,265,000 |
| Average Applicant Income | $110,750 |
| Highest Applicant Income | $3,034,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 with Mutual Federal Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Mutual Federal Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2021 breaks down Mutual Federal Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Mutual Federal Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Mutual Federal Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Mutual Federal Bank's mortgage activity for 2021.
| 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 | 379 | $ 84,125,000 | $ 221,000 | $ 114,000 |
| Cook County Illinois | 198 | $ 50,030,000 | $ 252,000 | $ 114,000 |
| DuPage County Illinois | 93 | $ 27,745,000 | $ 298,000 | $ 153,000 |
| Kendall County Illinois | 58 | $ 13,210,000 | $ 227,000 | $ 100,000 |
| Grundy County Illinois | 37 | $ 7,555,000 | $ 204,000 | $ 87,000 |
| Lake County Indiana | 34 | $ 5,120,000 | $ 150,000 | $ 102,000 |
| Kane County Illinois | 29 | $ 8,425,000 | $ 290,000 | $ 104,000 |
| LaSalle County Illinois | 14 | $ 2,820,000 | $ 201,000 | $ 67,000 |
| Lake County Illinois | 13 | $ 2,905,000 | $ 223,000 | $ 84,000 |
| Kankakee County Illinois | 11 | $ 2,085,000 | $ 189,000 | $ 148,000 |
| Davidson County Tennessee | 10 | $ 3,130,000 | $ 313,000 | $ 74,000 |
| DeKalb County Illinois | 6 | $ 820,000 | $ 136,000 | $ 81,000 |
| Charleston County South Carolina | 6 | $ 1,920,000 | $ 320,000 | $ 99,000 |
| Collier County Florida | 5 | $ 1,235,000 | $ 247,000 | $ 204,000 |
| Hillsborough County Florida | 4 | $ 2,020,000 | $ 505,000 | $ 229,000 |
| Livingston County Illinois | 4 | $ 860,000 | $ 215,000 | $ 72,000 |
| Porter County Indiana | 4 | $ 890,000 | $ 222,000 | $ 90,000 |
| King County Washington | 4 | $ 1,160,000 | $ 290,000 | $ 178,000 |
| Manatee County Florida | 3 | $ 1,455,000 | $ 485,000 | $ 114,000 |
| Macon County Illinois | 3 | $ 625,000 | $ 208,000 | $ 225,000 |
| McHenry County Illinois | 3 | $ 705,000 | $ 235,000 | $ 62,000 |
| Winnebago County Illinois | 3 | $ 925,000 | $ 308,000 | $ 120,000 |
| Monmouth County New Jersey | 3 | $ 1,265,000 | $ 421,000 | $ 111,000 |
| York County South Carolina | 3 | $ 1,195,000 | $ 398,000 | $ 120,000 |
| Sevier County Tennessee | 3 | $ 1,235,000 | $ 411,000 | $ 240,000 |
| Maricopa County Arizona | 2 | $ 760,000 | $ 380,000 | $ 120,000 |
| Pima County Arizona | 2 | $ 330,000 | $ 165,000 | $ 147,000 |
| El Paso County Colorado | 2 | $ 970,000 | $ 485,000 | $ 150,000 |
| Escambia County Florida | 2 | $ 1,150,000 | $ 575,000 | $ 453,000 |
| Fulton County Georgia | 2 | $ 370,000 | $ 185,000 | $ 128,000 |
| Boone County Illinois | 2 | $ 420,000 | $ 210,000 | $ 99,000 |
| Orleans County Louisiana | 2 | $ 740,000 | $ 370,000 | $ 270,000 |
| Berrien County Michigan | 2 | $ 1,280,000 | $ 640,000 | $ 349,000 |
| Genesee County Michigan | 2 | $ 250,000 | $ 125,000 | $ 38,000 |
| Van Buren County Michigan | 2 | $ 310,000 | $ 155,000 | $ 132,000 |
| Clark County Nevada | 2 | $ 550,000 | $ 275,000 | $ 214,000 |
| Morris County New Jersey | 2 | $ 670,000 | $ 335,000 | $ 114,000 |
| Berkeley County South Carolina | 2 | $ 890,000 | $ 445,000 | $ 96,000 |
| Spokane County Washington | 2 | $ 170,000 | $ 85,000 | $ 67,000 |
| Harrison County West Virginia | 2 | $ 360,000 | $ 180,000 | $ 78,000 |
| Marathon County Wisconsin | 2 | $ 740,000 | $ 370,000 | $ 126,000 |
| Pinal County Arizona | 1 | $ 355,000 | $ 355,000 | $ 94,000 |
| Los Angeles County California | 1 | $ 485,000 | $ 485,000 | $ 216,000 |
| Riverside County California | 1 | $ 105,000 | $ 105,000 | $ 265,000 |
| San Diego County California | 1 | $ 355,000 | $ 355,000 | $ 75,000 |
| San Joaquin County California | 1 | $ 205,000 | $ 205,000 | $ 140,000 |
| Denver County Colorado | 1 | $ 315,000 | $ 315,000 | $ 349,000 |
| Park County Colorado | 1 | $ 445,000 | $ 445,000 | $ 300,000 |
| Kent County Delaware | 1 | $ 155,000 | $ 155,000 | $ 148,000 |
| Flagler County Florida | 1 | $ 165,000 | $ 165,000 | $ 87,000 |
| Miami-Dade County Florida | 1 | $ 255,000 | $ 255,000 | $ 40,000 |
| Monroe County Florida | 1 | $ 325,000 | $ 325,000 | $ 152,000 |
| Pinellas County Florida | 1 | $ 435,000 | $ 435,000 | $ 470,000 |
| Sarasota County Florida | 1 | $ 205,000 | $ 205,000 | $ 47,000 |
| Ogle County Illinois | 1 | $ 195,000 | $ 195,000 | $ 51,000 |
| St. Clair County Illinois | 1 | $ 205,000 | $ 205,000 | $ 103,000 |
| Hamilton County Indiana | 1 | $ 285,000 | $ 285,000 | $ 118,000 |
| LaPorte County Indiana | 1 | $ 135,000 | $ 135,000 | $ 116,000 |
| Marshall County Indiana | 1 | $ 585,000 | $ 585,000 | $ 237,000 |
| Scott County Iowa | 1 | $ 455,000 | $ 455,000 | $ 300,000 |
| Allegan County Michigan | 1 | $ 205,000 | $ 205,000 | $ 110,000 |
| Charlevoix County Michigan | 1 | $ 165,000 | $ 165,000 | $ 102,000 |
| Eaton County Michigan | 1 | $ 155,000 | $ 155,000 | $ 103,000 |
| Kalamazoo County Michigan | 1 | $ 175,000 | $ 175,000 | $ 195,000 |
| Ottawa County Michigan | 1 | $ 155,000 | $ 155,000 | $ 54,000 |
| Hennepin County Minnesota | 1 | $ 345,000 | $ 345,000 | $ 99,000 |
| DeSoto County Mississippi | 1 | $ 155,000 | $ 155,000 | $ 54,000 |
| Harrison County Mississippi | 1 | $ 245,000 | $ 245,000 | $ 236,000 |
| Boone County Missouri | 1 | $ 365,000 | $ 365,000 | $ 115,000 |
| Jefferson County Missouri | 1 | $ 345,000 | $ 345,000 | $ 93,000 |
| St. Charles County Missouri | 1 | $ 405,000 | $ 405,000 | $ 89,000 |
| St. Louis County Missouri | 1 | $ 455,000 | $ 455,000 | $ 84,000 |
| White Pine County Nevada | 1 | $ 285,000 | $ 285,000 | $ 124,000 |
| Cumberland County New Jersey | 1 | $ 225,000 | $ 225,000 | $ 100,000 |
| Mercer County New Jersey | 1 | $ 415,000 | $ 415,000 | $ 193,000 |
| Gaston County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 310,000 |
| Iredell County North Carolina | 1 | $ 615,000 | $ 615,000 | $ 296,000 |
| Lucas County Ohio | 1 | $ 155,000 | $ 155,000 | $ 85,000 |
| Warren County Ohio | 1 | $ 315,000 | $ 315,000 | $ 148,000 |
| Jackson County Oregon | 1 | $ 385,000 | $ 385,000 | $ 46,000 |
| Bucks County Pennsylvania | 1 | $ 255,000 | $ 255,000 | $ 119,000 |
| Newport County Rhode Island | 1 | $ 195,000 | $ 195,000 | $ 80,000 |
| Greenville County South Carolina | 1 | $ 205,000 | $ 205,000 | $ 153,000 |
| Spartanburg County South Carolina | 1 | $ 265,000 | $ 265,000 | $ 84,000 |
| Loudon County Tennessee | 1 | $ 355,000 | $ 355,000 | $ 298,000 |
| Rutherford County Tennessee | 1 | $ 285,000 | $ 285,000 | $ 60,000 |
| Sumner County Tennessee | 1 | $ 285,000 | $ 285,000 | $ 48,000 |
| Williamson County Tennessee | 1 | $ 535,000 | $ 535,000 | $ 130,000 |
| Parker County Texas | 1 | $ 525,000 | $ 525,000 | $ 163,000 |
| Utah County Utah | 1 | $ 375,000 | $ 375,000 | $ 92,000 |
| Island County Washington | 1 | $ 1,075,000 | $ 1,075,000 | $ 0 |
| Snohomish County Washington | 1 | $ 415,000 | $ 415,000 | $ 392,000 |
| Dane County Wisconsin | 1 | $ 265,000 | $ 265,000 | $ 276,000 |
| Dunn County Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 57,000 |
| Fond du Lac County Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 203,000 |
| Vilas County Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 102,000 |
Mortgage Loan Application Detail Totals for Mutual Federal Bank in 2021
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 | 451 | $111,315,000 | $246,000 | $1,265,000 | $132,000 | $3,034,000 |
| Home Purchase | 394 | $102,700,000 | $260,000 | $1,145,000 | $104,000 | $783,000 |
| Cash-out Refinancing | 172 | $36,250,000 | $210,000 | $755,000 | $115,000 | $369,000 |
| Home Improvement | 1 | $375,000 | $375,000 | $375,000 | $92,000 | $92,000 |
| 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 | 797 | $194,425,000 | $243,000 | $1,145,000 | $120,000 | $3,034,000 |
| Hispanic | 77 | $17,275,000 | $224,000 | $545,000 | $94,000 | $307,000 |
| Not Provided | 72 | $18,350,000 | $254,000 | $925,000 | $133,000 | $783,000 |
| Black or African American | 41 | $8,865,000 | $216,000 | $405,000 | $89,000 | $202,000 |
| Asian | 26 | $9,270,000 | $356,000 | $1,265,000 | $146,000 | $682,000 |
| Not applicable | 4 | $1,990,000 | $497,000 | $855,000 | $0 | $0 |
| American Indian or Alaskan Native | 1 | $465,000 | $465,000 | $465,000 | $145,000 | $145,000 |
| 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) | 898 | $222,420,000 | $247,000 | $1,265,000 | $124,000 | $3,034,000 |
| FHA-insured (Federal Housing Administration) | 110 | $25,440,000 | $231,000 | $445,000 | $75,000 | $360,000 |
| VA-guaranteed (Veterans Administration) | 10 | $2,780,000 | $278,000 | $445,000 | $92,000 | $151,000 |
| 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 | 731 | $177,065,000 | $242,000 | $1,145,000 | $121,000 | $3,034,000 |
| Application Withdrawn By Applicant | 213 | $54,875,000 | $257,000 | $1,075,000 | $112,000 | $610,000 |
| Application Denied By Financial Institution | 50 | $13,010,000 | $260,000 | $1,265,000 | $106,000 | $682,000 |
| File Closed For Incompleteness | 16 | $4,230,000 | $264,000 | $545,000 | $115,000 | $291,000 |
| Application Approved But Not Accepted | 8 | $1,460,000 | $182,000 | $335,000 | $141,000 | $316,000 |
| 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 | 968 | $237,630,000 | $245,000 | $1,145,000 | $119,000 | $3,034,000 |
| Debt-To-Income Ratio | 10 | $3,890,000 | $389,000 | $1,265,000 | $138,000 | $682,000 |
| Collateral | 9 | $1,975,000 | $219,000 | $455,000 | $114,000 | $265,000 |
| Credit History | 8 | $1,820,000 | $227,000 | $525,000 | $86,000 | $177,000 |
| Unverifiable Information | 8 | $1,670,000 | $208,000 | $415,000 | $92,000 | $193,000 |
| Other | 7 | $1,755,000 | $250,000 | $455,000 | $123,000 | $251,000 |
| Credit Application Incomplete | 3 | $455,000 | $151,000 | $175,000 | $99,000 | $195,000 |
| Employment History | 3 | $945,000 | $315,000 | $535,000 | $32,000 | $64,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $500,000 | $250,000 | $325,000 | $64,000 | $75,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mutual Federal Bank's 2021 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 Mutual Federal Bank'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.