South Central Bank, National Association Mortgage Lending & HMDA Data, 2017

In 2017, South Central Bank, National Association of Chicago, IL reported 1,196 mortgage applications totaling $50.8 million, down 10% from 2016. The average application was for $42,478, and applicants reported an average income of $81,580. 30% of its applications resulted in an originated loan and 43% were denied. Its largest markets were Chicago-Naperville-Arlington Heights, IL (424), Milwaukee-Waukesha-West Allis, WI (148) and Pittsburgh, PA (64) (applications in parentheses).

Mortgage Company & Address South Central Bank, National Association
525 W Roosevelt Rd
Chicago, IL 60607
Tel #: available with data download
Federal Regulator * available with data download
Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 1,196
Total Mortgage Loan Application Amount $50,804,000
Average Mortgage Loan Application Amount $42,478
Highest Mortgage Loan Application Amount $820,000
Average Applicant Income $81,580
Highest Applicant Income $1,157,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records South Central Bank, National Association filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for South Central Bank, National Association by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cook, Illinois 386 $ 26,255,000 $ 68,018 $ 92,000
Milwaukee, Wisconsin 86 $ 1,544,000 $ 17,953 $ 71,000
Stark, Ohio 40 $ 570,000 $ 14,250 $ 44,000
Racine, Wisconsin 39 $ 730,000 $ 18,717 $ 65,000
Waukesha, Wisconsin 38 $ 645,000 $ 16,973 $ 88,000
Kenosha, Wisconsin 31 $ 587,000 $ 18,935 $ 69,000
Summit, Ohio 30 $ 426,000 $ 14,200 $ 56,000
Allegheny, Pennsylvania 29 $ 520,000 $ 17,931 $ 68,000
Lake, Indiana 24 $ 641,000 $ 26,708 $ 60,000
Cuyahoga, Ohio 24 $ 312,000 $ 13,000 $ 85,000
Will, Illinois 23 $ 1,556,000 $ 67,652 $ 89,000
Jefferson, Kentucky 19 $ 601,000 $ 31,631 $ 118,000
Westmoreland, Pennsylvania 18 $ 366,000 $ 20,333 $ 55,000
Washington, Wisconsin 14 $ 263,000 $ 18,785 $ 76,000
DuPage, Illinois 11 $ 371,000 $ 33,727 $ 208,000
Dodge, Wisconsin 11 $ 182,000 $ 16,545 $ 70,000
Sheboygan, Wisconsin 11 $ 215,000 $ 19,545 $ 48,000
Lake, Illinois 10 $ 988,000 $ 98,800 $ 121,000
Allen, Indiana 10 $ 201,000 $ 20,100 $ 63,000
Ozaukee, Wisconsin 10 $ 185,000 $ 18,500 $ 99,000
Kent, Michigan 9 $ 130,000 $ 14,444 $ 47,000
Dane, Wisconsin 9 $ 143,000 $ 15,888 $ 86,000
Polk, Iowa 8 $ 111,000 $ 13,875 $ 68,000
Lorain, Ohio 8 $ 76,000 $ 9,500 $ 56,000
Beaver, Pennsylvania 8 $ 124,000 $ 15,500 $ 85,000
Walworth, Wisconsin 8 $ 151,000 $ 18,875 $ 89,000
Kane, Illinois 6 $ 266,000 $ 44,333 $ 80,000
Marion, Indiana 6 $ 65,000 $ 10,833 $ 39,000
Warren, Iowa 6 $ 78,000 $ 13,000 $ 111,000
Scott, Kentucky 6 $ 178,000 $ 29,666 $ 150,000
Baltimore City, Maryland 6 $ 98,000 $ 16,333 $ 60,000
Wayne, Ohio 6 $ 80,000 $ 13,333 $ 53,000
Fond du Lac, Wisconsin 6 $ 158,000 $ 26,333 $ 52,000
Sangamon, Illinois 5 $ 136,000 $ 27,200 $ 48,000
Fayette, Kentucky 5 $ 145,000 $ 29,000 $ 85,000
Mahoning, Ohio 5 $ 94,000 $ 18,800 $ 30,000
Berks, Pennsylvania 5 $ 140,000 $ 28,000 $ 75,000
Fayette, Pennsylvania 5 $ 99,000 $ 19,800 $ 68,000
Kankakee, Illinois 4 $ 695,000 $ 173,750 $ 87,000
Monroe, Indiana 4 $ 120,000 $ 30,000 $ 88,000
St. Joseph, Indiana 4 $ 458,000 $ 114,500 $ 106,000
Wapello, Iowa 4 $ 79,000 $ 19,750 $ 83,000
Medina, Ohio 4 $ 75,000 $ 18,750 $ 106,000
York, Pennsylvania 4 $ 90,000 $ 22,500 $ 107,000
Tazewell, Illinois 3 $ 447,000 $ 149,000 $ 60,000
Clarke, Iowa 3 $ 43,000 $ 14,333 $ 61,000
Madison, Kentucky 3 $ 81,000 $ 27,000 $ 139,000
Lake, Ohio 3 $ 40,000 $ 13,333 $ 73,000
Portage, Ohio 3 $ 43,000 $ 14,333 $ 54,000
Butler, Pennsylvania 3 $ 31,000 $ 10,333 $ 72,000
Northampton, Pennsylvania 3 $ 98,000 $ 32,666 $ 76,000
Jefferson, Wisconsin 3 $ 37,000 $ 12,333 $ 61,000
Kendall, Illinois 2 $ 75,000 $ 37,500 $ 132,000
McHenry, Illinois 2 $ 80,000 $ 40,000 $ 90,000
Peoria, Illinois 2 $ 57,000 $ 28,500 $ 65,000
Clark, Indiana 2 $ 8,000 $ 4,000 $ 77,000
Grant, Indiana 2 $ 44,000 $ 22,000 $ 30,000
Madison, Indiana 2 $ 25,000 $ 12,500 $ 41,000
Porter, Indiana 2 $ 322,000 $ 161,000 $ 47,000
Tippecanoe, Indiana 2 $ 8,000 $ 4,000 $ 39,000
Wayne, Indiana 2 $ 75,000 $ 37,500 $ 40,000
Jasper, Iowa 2 $ 30,000 $ 15,000 $ 33,000
Madison, Iowa 2 $ 37,000 $ 18,500 $ 83,000
Story, Iowa 2 $ 34,000 $ 17,000 $ 60,000
Kenton, Kentucky 2 $ 59,000 $ 29,500 $ 103,000
Baltimore, Maryland 2 $ 38,000 $ 19,000 $ 50,000
Allegan, Michigan 2 $ 35,000 $ 17,500 $ 49,000
Genesee, Michigan 2 $ 44,000 $ 22,000 $ 72,000
Muskegon, Michigan 2 $ 31,000 $ 15,500 $ 37,000
Clay, Missouri 2 $ 43,000 $ 21,500 $ 43,000
Geauga, Ohio 2 $ 37,000 $ 18,500 $ 186,000
Montgomery, Ohio 2 $ 52,000 $ 26,000 $ 63,000
Paulding, Ohio 2 $ 32,000 $ 16,000 $ 79,000
Dauphin, Pennsylvania 2 $ 44,000 $ 22,000 $ 78,000
Franklin, Pennsylvania 2 $ 50,000 $ 25,000 $ 26,000
Lancaster, Pennsylvania 2 $ 73,000 $ 36,500 $ 210,000
Lebanon, Pennsylvania 2 $ 33,000 $ 16,500 $ 56,000
Lehigh, Pennsylvania 2 $ 47,000 $ 23,500 $ 59,000
Montgomery, Pennsylvania 2 $ 47,000 $ 23,500 $ 73,000
Brown, Wisconsin 2 $ 55,000 $ 27,500 $ 55,000
Marathon, Wisconsin 2 $ 78,000 $ 39,000 $ 27,000
Maricopa, Arizona 1 $ 820,000 $ 820,000 $ 310,000
Conway, Arkansas 1 $ 40,000 $ 40,000 $ 18,000
White, Arkansas 1 $ 5,000 $ 5,000 $ 86,000
Orange, California 1 $ 400,000 $ 400,000 $ 194,000
San Diego, California 1 $ 500,000 $ 500,000 $ 180,000
Collier, Florida 1 $ 750,000 $ 750,000 $ 255,000
Alexander, Illinois 1 $ 6,000 $ 6,000 $ 40,000
Cass, Illinois 1 $ 7,000 $ 7,000 $ 59,000
Champaign, Illinois 1 $ 4,000 $ 4,000 $ 43,000
DeKalb, Illinois 1 $ 4,000 $ 4,000 $ 16,000
Franklin, Illinois 1 $ 4,000 $ 4,000 $ 43,000
Jackson, Illinois 1 $ 9,000 $ 9,000 $ 14,000
Livingston, Illinois 1 $ 35,000 $ 35,000 $ 78,000
Macoupin, Illinois 1 $ 25,000 $ 25,000 $ 21,000
Madison, Illinois 1 $ 20,000 $ 20,000 $ 23,000
McDonough, Illinois 1 $ 10,000 $ 10,000 $ 68,000
Rock Island, Illinois 1 $ 4,000 $ 4,000 $ 52,000
Shelby, Illinois 1 $ 8,000 $ 8,000 $ 96,000
Wayne, Illinois 1 $ 15,000 $ 15,000 $ 22,000
Whiteside, Illinois 1 $ 117,000 $ 117,000 $ 240,000
Winnebago, Illinois 1 $ 4,000 $ 4,000 $ 60,000
Cass, Indiana 1 $ 18,000 $ 18,000 $ 55,000
Decatur, Indiana 1 $ 17,000 $ 17,000 $ 74,000
DeKalb, Indiana 1 $ 17,000 $ 17,000 $ 56,000
Delaware, Indiana 1 $ 35,000 $ 35,000 $ 71,000
Floyd, Indiana 1 $ 10,000 $ 10,000 $ 126,000
Franklin, Indiana 1 $ 15,000 $ 15,000 $ 148,000
Hamilton, Indiana 1 $ 20,000 $ 20,000 $ 47,000
Hendricks, Indiana 1 $ 4,000 $ 4,000 $ 39,000
Howard, Indiana 1 $ 4,000 $ 4,000 $ 36,000
Jackson, Indiana 1 $ 20,000 $ 20,000 $ 58,000
Kosciusko, Indiana 1 $ 4,000 $ 4,000 $ 113,000
LaGrange, Indiana 1 $ 21,000 $ 21,000 $ 121,000
Lawrence, Indiana 1 $ 5,000 $ 5,000 $ 56,000
Marshall, Indiana 1 $ 61,000 $ 61,000 $ 44,000
Miami, Indiana 1 $ 10,000 $ 10,000 $ 17,000
Montgomery, Indiana 1 $ 30,000 $ 30,000 $ 58,000
Noble, Indiana 1 $ 14,000 $ 14,000 $ 60,000
Ohio, Indiana 1 $ 4,000 $ 4,000 $ 32,000
Owen, Indiana 1 $ 10,000 $ 10,000 $ 28,000
Posey, Indiana 1 $ 14,000 $ 14,000 $ 54,000
Steuben, Indiana 1 $ 50,000 $ 50,000 $ 140,000
Tipton, Indiana 1 $ 4,000 $ 4,000 $ 72,000
Vanderburgh, Indiana 1 $ 9,000 $ 9,000 $ 72,000
Vigo, Indiana 1 $ 4,000 $ 4,000 $ 12,000
Wells, Indiana 1 $ 16,000 $ 16,000 $ 29,000
Appanoose, Iowa 1 $ 24,000 $ 24,000 $ 98,000
Boone, Iowa 1 $ 8,000 $ 8,000 $ 115,000
Dallas, Iowa 1 $ 20,000 $ 20,000 $ 129,000
Davis, Iowa 1 $ 13,000 $ 13,000 $ 89,000
Greene, Iowa 1 $ 25,000 $ 25,000 $ 37,000
Hardin, Iowa 1 $ 19,000 $ 19,000 $ 94,000
Jefferson, Iowa 1 $ 15,000 $ 15,000 $ 57,000
Keokuk, Iowa 1 $ 20,000 $ 20,000 $ 71,000
Marion, Iowa 1 $ 25,000 $ 25,000 $ 90,000
Johnson, Kansas 1 $ 25,000 $ 25,000 $ 175,000
Boone, Kentucky 1 $ 22,000 $ 22,000 $ 213,000
Bullitt, Kentucky 1 $ 24,000 $ 24,000 $ 137,000
Clark, Kentucky 1 $ 25,000 $ 25,000 $ 185,000
Jessamine, Kentucky 1 $ 20,000 $ 20,000 $ 68,000
Shelby, Kentucky 1 $ 44,000 $ 44,000 $ 116,000
Spencer, Kentucky 1 $ 46,000 $ 46,000 $ 151,000
Frederick, Maryland 1 $ 33,000 $ 33,000 $ 215,000
Berrien, Michigan 1 $ 329,000 $ 329,000 $ 545,000
Gratiot, Michigan 1 $ 16,000 $ 16,000 $ 46,000
Mecosta, Michigan 1 $ 18,000 $ 18,000 $ 40,000
Johnson, Missouri 1 $ 24,000 $ 24,000 $ 140,000
Sullivan, Missouri 1 $ 16,000 $ 16,000 $ 108,000
Clark, Nevada 1 $ 155,000 $ 155,000 $ 84,000
New York, New York 1 $ 400,000 $ 400,000 $ 335,000
Columbiana, Ohio 1 $ 25,000 $ 25,000 $ 75,000
Knox, Ohio 1 $ 7,000 $ 7,000 $ 64,000
Mercer, Ohio 1 $ 26,000 $ 26,000 $ 106,000
Tuscarawas, Ohio 1 $ 5,000 $ 5,000 $ 97,000
Warren, Ohio 1 $ 20,000 $ 20,000 $ 142,000
Cumberland, Pennsylvania 1 $ 18,000 $ 18,000 $ 62,000
Greene, Pennsylvania 1 $ 56,000 $ 56,000 $ 96,000
Indiana, Pennsylvania 1 $ 25,000 $ 25,000 $ 52,000
Washington, Pennsylvania 1 $ 29,000 $ 29,000 $ 300,000
Anderson, Tennessee 1 $ 75,000 $ 75,000 $ 29,000
Davidson, Tennessee 1 $ 30,000 $ 30,000 $ 99,000
Hickman, Tennessee 1 $ 25,000 $ 25,000 $ 77,000
Knox, Tennessee 1 $ 92,000 $ 92,000 $ 25,000
Putnam, Tennessee 1 $ 18,000 $ 18,000 $ 66,000
Rutherford, Tennessee 1 $ 50,000 $ 50,000 $ 180,000
Shelby, Tennessee 1 $ 4,000 $ 4,000 $ 55,000
Sumner, Tennessee 1 $ 18,000 $ 18,000 $ 186,000
Adams, Wisconsin 1 $ 20,000 $ 20,000 $ 16,000
Clark, Wisconsin 1 $ 10,000 $ 10,000 $ 31,000
Columbia, Wisconsin 1 $ 14,000 $ 14,000 $ 44,000
Eau Claire, Wisconsin 1 $ 7,000 $ 7,000 $ 42,000
Green Lake, Wisconsin 1 $ 4,000 $ 4,000 $ 65,000
Juneau, Wisconsin 1 $ 5,000 $ 5,000 $ 31,000
Marinette, Wisconsin 1 $ 25,000 $ 25,000 $ 15,000
Monroe, Wisconsin 1 $ 20,000 $ 20,000 $ 0
Oconto, Wisconsin 1 $ 15,000 $ 15,000 $ 32,000
Outagamie, Wisconsin 1 $ 10,000 $ 10,000 $ 47,000
Polk, Wisconsin 1 $ 19,000 $ 19,000 $ 48,000
Rock, Wisconsin 1 $ 15,000 $ 15,000 $ 42,000
Winnebago, Wisconsin 1 $ 4,000 $ 4,000 $ 30,000

Mortgage Loan Application Detail Totals for South Central Bank, National Association in 2017

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 Improvement 1,064 $19,007,000 $17,000 $100,000 $74,000 $374,000
Home Purchase 70 $16,714,000 $238,000 $800,000 $130,000 $797,000
Refinancing 62 $15,083,000 $243,000 $820,000 $157,000 $1,157,000

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 708 $30,575,000 $43,000 $820,000 $84,000 $1,157,000
Black or African American 251 $5,828,000 $23,000 $418,000 $72,000 $545,000
Hispanic 110 $7,374,000 $67,000 $800,000 $93,000 $797,000
Not Provided 81 $1,523,000 $18,000 $61,000 $74,000 $240,000
Asian 35 $5,076,000 $145,000 $400,000 $97,000 $364,000
American Indian or Alaskan Native 5 $88,000 $17,000 $40,000 $49,000 $103,000
Native Hawaiian or Other Pacific Islander 5 $100,000 $20,000 $50,000 $86,000 $137,000
Not applicable 1 $240,000 $240,000 $240,000 $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) 976 $43,830,000 $44,000 $820,000 $84,000 $1,157,000
FHA-insured (Federal Housing Administration) 216 $6,021,000 $27,000 $312,000 $73,000 $307,000
VA-guaranteed (Veterans Administration) 4 $953,000 $238,000 $245,000 $57,000 $63,000
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
Application Denied By Financial Institution 518 $11,874,000 $22,000 $404,000 $62,000 $250,000
Loan Originated 363 $24,823,000 $68,000 $820,000 $105,000 $1,157,000
File Closed For Incompleteness 157 $2,899,000 $18,000 $150,000 $76,000 $374,000
Application Withdrawn By Applicant 90 $3,899,000 $43,000 $710,000 $96,000 $335,000
Application Approved But Not Accepted 63 $5,912,000 $93,000 $400,000 $104,000 $456,000
Preapproval Approved but not Accepted 5 $1,397,000 $279,000 $450,000 $140,000 $336,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The 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 411 $8,689,000 $21,000 $374,000 $60,000 $208,000
Debt-To-Income Ratio 91 $2,225,000 $24,000 $404,000 $63,000 $199,000
Other 10 $231,000 $23,000 $56,000 $103,000 $240,000
Collateral 3 $473,000 $157,000 $218,000 $144,000 $250,000
Credit Application Incomplete 1 $81,000 $81,000 $81,000 $61,000 $61,000
Unverifiable Information 1 $11,000 $11,000 $11,000 $34,000 $34,000
Employment History 1 $164,000 $164,000 $164,000 $120,000 $120,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into South Central Bank, National Association's 2017 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 South Central Bank, National Association'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.
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