Oxford Bank & Trust Mortgage Lending & HMDA Data, 2021
In 2021, Oxford Bank & Trust of Oak Brook, IL reported 2,170 mortgage applications totaling $144.4 million, down 16% from 2020. The average application was for $66,534, and applicants reported an average income of $54,973. 20% of its applications resulted in an originated loan and 69% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (478), Detroit-Dearborn-Livonia, MI (222) and Indianapolis-Carmel-Anderson, IN (149) (applications in parentheses).
| Mortgage Company & Address | Oxford Bank & Trust 1111 W. 22nd Street #800 Oak Brook, IL 60523 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,170 |
| Total Mortgage Loan Application Amount | $144,380,000 |
| Average Mortgage Loan Application Amount | $66,534 |
| Highest Mortgage Loan Application Amount | $3,205,000 |
| Average Applicant Income | $54,973 |
| Highest Applicant Income | $269,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Oxford Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Warren-Troy-Farmington Hills, MI | 478 | $ 24,530,000 | $ 51,317 | $ 54,000 |
| Detroit-Dearborn-Livonia, MI | 222 | $ 10,720,000 | $ 48,288 | $ 54,000 |
| Outside any metro area | 185 | $ 9,985,000 | $ 53,972 | $ 51,480 |
| Indianapolis-Carmel-Anderson, IN | 149 | $ 6,795,000 | $ 45,604 | $ 52,000 |
| Chicago-Naperville, IL | 147 | $ 40,645,000 | $ 276,496 | $ 59,000 |
| Ann Arbor, MI | 146 | $ 11,190,000 | $ 76,643 | $ 65,000 |
| Grand Rapids-Wyoming, MI | 136 | $ 7,820,000 | $ 57,500 | $ 51,000 |
| Des Moines-West Des Moines, IA | 75 | $ 3,205,000 | $ 42,733 | $ 55,000 |
| Lansing-East Lansing, MI | 60 | $ 2,590,000 | $ 43,166 | $ 42,000 |
| Kankakee, IL | 44 | $ 1,820,000 | $ 41,363 | $ 59,000 |
| Rockford, IL | 39 | $ 1,755,000 | $ 45,000 | $ 53,000 |
| Toledo, OH | 38 | $ 1,780,000 | $ 46,842 | $ 46,000 |
| Bloomington, IL | 36 | $ 1,900,000 | $ 52,777 | $ 51,000 |
| Elkhart-Goshen, IN | 33 | $ 1,395,000 | $ 42,272 | $ 62,000 |
| Kokomo, IN | 28 | $ 1,190,000 | $ 42,500 | $ 43,000 |
| Jackson, MI | 26 | $ 1,180,000 | $ 45,384 | $ 52,000 |
| Fort Wayne, IN | 24 | $ 850,000 | $ 35,416 | $ 47,000 |
| Monroe, MI | 23 | $ 1,115,000 | $ 48,478 | $ 50,000 |
| Flint, MI | 21 | $ 825,000 | $ 39,285 | $ 63,000 |
| Elgin, IL | 20 | $ 1,040,000 | $ 52,000 | $ 49,000 |
| Michigan City-La Porte, IN | 20 | $ 1,070,000 | $ 53,500 | $ 55,000 |
| Battle Creek, MI | 19 | $ 835,000 | $ 43,947 | $ 54,000 |
| Cedar Rapids, IA | 17 | $ 665,000 | $ 39,117 | $ 48,000 |
| Cleveland-Elyria, OH | 15 | $ 765,000 | $ 51,000 | $ 55,000 |
| Lake County-Kenosha County, IL-WI | 15 | $ 1,225,000 | $ 81,666 | $ 58,333 |
| Dayton-Springfield-Kettering, OH | 14 | $ 460,000 | $ 32,857 | $ 42,000 |
| Niles-Benton Harbor, MI | 12 | $ 710,000 | $ 59,166 | $ 65,000 |
| Davenport-Moline-Rock Island, IA-IL | 11 | $ 445,000 | $ 40,454 | $ 44,000 |
| Gary, IN | 11 | $ 625,000 | $ 56,818 | $ 60,000 |
| Ames, IA | 8 | $ 430,000 | $ 53,750 | $ 51,000 |
| Bloomington, IN | 8 | $ 260,000 | $ 32,500 | $ 33,000 |
| Columbus, OH | 8 | $ 360,000 | $ 45,000 | $ 44,000 |
| Champaign-Urbana, IL | 7 | $ 335,000 | $ 47,857 | $ 57,000 |
| Lafayette-West Lafayette, IN | 6 | $ 240,000 | $ 40,000 | $ 50,000 |
| Akron, OH | 5 | $ 215,000 | $ 43,000 | $ 35,000 |
| Cincinnati, OH-KY-IN | 4 | $ 120,000 | $ 30,000 | $ 39,000 |
| Terre Haute, IN | 4 | $ 130,000 | $ 32,500 | $ 50,000 |
| Bay City, MI | 3 | $ 135,000 | $ 45,000 | $ 45,000 |
| Dubuque, IA | 3 | $ 195,000 | $ 65,000 | $ 78,000 |
| Kalamazoo-Portage, MI | 3 | $ 135,000 | $ 45,000 | $ 51,000 |
| Waterloo-Cedar Falls, IA | 3 | $ 145,000 | $ 48,333 | $ 35,000 |
| Decatur, IL | 2 | $ 40,000 | $ 20,000 | $ 33,000 |
| Madison, WI | 2 | $ 50,000 | $ 25,000 | $ 38,000 |
| Muskegon, MI | 2 | $ 40,000 | $ 20,000 | $ 93,000 |
| South Bend-Mishawaka, IN-MI | 2 | $ 70,000 | $ 35,000 | $ 76,000 |
| Columbus, IN | 1 | $ 85,000 | $ 85,000 | $ 33,000 |
| Louisville/Jefferson County, KY-IN | 1 | $ 45,000 | $ 45,000 | $ 32,000 |
| Milwaukee-Waukesha-West Allis, WI | 1 | $ 105,000 | $ 105,000 | $ 89,000 |
| Peoria, IL | 1 | $ 35,000 | $ 35,000 | $ 43,000 |
| Sheboygan, WI | 1 | $ 35,000 | $ 35,000 | $ 27,000 |
Mortgage Loan Application Detail Totals for Oxford Bank & Trust 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 2,141 | $135,555,000 | $63,000 | $3,205,000 | $54,000 | $269,000 |
| Refinancing | 16 | $4,030,000 | $251,000 | $855,000 | $56,000 | $78,000 |
| Cash-out Refinancing | 13 | $4,795,000 | $368,000 | $805,000 | $214,000 | $214,000 |
| 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 | 1,761 | $89,565,000 | $50,000 | $965,000 | $54,000 | $269,000 |
| Black or African American | 199 | $11,795,000 | $59,000 | $195,000 | $53,000 | $182,000 |
| Hispanic | 127 | $6,555,000 | $51,000 | $735,000 | $48,000 | $152,000 |
| Not applicable | 50 | $33,720,000 | $674,000 | $3,205,000 | $0 | $0 |
| American Indian or Alaskan Native | 17 | $1,105,000 | $65,000 | $145,000 | $60,000 | $164,000 |
| Asian | 6 | $730,000 | $121,000 | $425,000 | $104,000 | $214,000 |
| Not Provided | 5 | $655,000 | $131,000 | $405,000 | $60,000 | $80,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $110,000 | $55,000 | $55,000 | $43,000 | $45,000 |
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) | 2,170 | $144,380,000 | $66,000 | $3,205,000 | $54,000 | $269,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 1,504 | $79,800,000 | $53,000 | $1,975,000 | $51,000 | $269,000 |
| Loan Originated | 434 | $52,090,000 | $120,000 | $3,205,000 | $61,000 | $218,000 |
| Application Approved But Not Accepted | 217 | $11,915,000 | $54,000 | $185,000 | $59,000 | $203,000 |
| Application Withdrawn By Applicant | 10 | $460,000 | $46,000 | $65,000 | $65,000 | $117,000 |
| File Closed For Incompleteness | 5 | $115,000 | $23,000 | $35,000 | $37,000 | $59,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 746 | $36,710,000 | $49,000 | $425,000 | $58,000 | $269,000 |
| Not applicable | 666 | $64,580,000 | $96,000 | $3,205,000 | $60,000 | $218,000 |
| Debt-To-Income Ratio | 531 | $28,745,000 | $54,000 | $185,000 | $42,000 | $164,000 |
| Employment History | 158 | $7,280,000 | $46,000 | $145,000 | $47,000 | $114,000 |
| Other | 33 | $4,145,000 | $125,000 | $1,975,000 | $66,000 | $164,000 |
| Unverifiable Information | 23 | $1,265,000 | $55,000 | $155,000 | $48,000 | $182,000 |
| Credit Application Incomplete | 10 | $530,000 | $53,000 | $105,000 | $44,000 | $96,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $1,125,000 | $375,000 | $465,000 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Oxford Bank & Trust'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 Oxford Bank & Trust'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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About