Mutual Federal Bank
Mortgage Loan Application
Totals and Details
for 2021

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 1,018
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

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 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

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 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

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