Parkway Bank & Trust Co. Mortgage Lending & HMDA Data, 2007
In 2007, Parkway Bank & Trust Co. of Harwood Heights, IL reported 84 mortgage applications totaling $33.4 million, up 71% from 2006. The average application was for $397,952, and applicants reported an average income of $3,464. 50% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Chicago-Naperville-Joliet, IL (77), Lake County-Kenosha County, IL-WI (5) and Phoenix-Mesa-Scottsdale, AZ (1) (applications in parentheses).
| Mortgage Company & Address | Parkway Bank & Trust Co. 4800 N. Harlem Ave. Harwood Heights, IL 60706 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 84 |
| Total Mortgage Loan Application Amount | $33,428,000 |
| Average Mortgage Loan Application Amount | $397,952 |
| Highest Mortgage Loan Application Amount | $4,210,000 |
| Average Applicant Income | $3,464 |
| Highest Applicant Income | $147,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Parkway Bank & Trust Co. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cook, Illinois | 72 | $ 29,783,000 | $ 413,652 | $ 3,000 |
| Lake, Illinois | 5 | $ 2,661,000 | $ 532,200 | $ 0 |
| Kane, Illinois | 4 | $ 355,000 | $ 88,750 | $ 11,000 |
| Pinal, Arizona | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Boone, Illinois | 1 | $ 159,000 | $ 159,000 | $ 0 |
| DuPage, Illinois | 1 | $ 195,000 | $ 195,000 | $ 0 |
Mortgage Loan Application Detail Totals for Parkway Bank & Trust Co. in 2007
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 | 36 | $6,997,000 | $194,000 | $1,495,000 | $0 | $0 |
| Home Improvement | 31 | $18,983,000 | $612,000 | $4,210,000 | $5,000 | $55,000 |
| Home Purchase | 17 | $7,448,000 | $438,000 | $2,061,000 | $8,000 | $147,000 |
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 | 47 | $9,976,000 | $212,000 | $2,250,000 | $5,000 | $147,000 |
| Not applicable | 17 | $20,758,000 | $1,221,000 | $4,210,000 | $0 | $0 |
| Hispanic | 13 | $2,142,000 | $164,000 | $998,000 | $3,000 | $45,000 |
| Black or African American | 4 | $245,000 | $61,000 | $96,000 | $0 | $0 |
| Asian | 3 | $307,000 | $102,000 | $154,000 | $9,000 | $28,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 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) | 84 | $33,428,000 | $397,000 | $4,210,000 | $3,000 | $147,000 |
| 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 |
|---|---|---|---|---|---|---|
| Loan Originated | 42 | $27,851,000 | $663,000 | $4,210,000 | $3,000 | $147,000 |
| Loan Purchased By The Institution | 37 | $5,272,000 | $142,000 | $416,000 | $0 | $0 |
| Application Denied By Financial Institution | 4 | $30,000 | $7,000 | $15,000 | $43,000 | $55,000 |
| Application Approved But Not Accepted | 1 | $275,000 | $275,000 | $275,000 | $0 | $0 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 | 2 | $20,000 | $10,000 | $15,000 | $36,000 | $45,000 |
| Debt-To-Income Ratio | 1 | $5,000 | $5,000 | $5,000 | $47,000 | $47,000 |
| Collateral | 1 | $5,000 | $5,000 | $5,000 | $55,000 | $55,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Parkway Bank & Trust Co.'s 2007 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 Parkway Bank & Trust Co.'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