Success Lending, LLC Mortgage Lending & HMDA Data, 2025

In 2025, Success Lending, LLC of Schaumburg, IL reported 1,434 mortgage applications totaling $426.6 million, up 39% from 2024. The average application was for $297,503, and applicants reported an average income of $122,006. 61% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Chicago-Naperville, IL (257), El Paso, TX (82) and Charlotte-Concord-Gastonia, NC-SC (74) (applications in parentheses).

Mortgage Company & Address Success Lending, LLC

Schaumburg, IL 60173
Federal Regulator * available with data download
Years 2025  2024  2023  
Total Number of Mortgage Applications 1,434
Total Mortgage Loan Application Amount $426,620,000
Average Mortgage Loan Application Amount $297,503
Highest Mortgage Loan Application Amount $1,925,000
Average Applicant Income $122,006
Highest Applicant Income $1,274,000

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Act (HMDA) records Success Lending, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Success Lending, LLC in 2025

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 1,190 $350,720,000 $294,000 $1,925,000 $120,000 $1,274,000
Refinancing 142 $46,400,000 $326,000 $895,000 $138,000 $680,000
Cash-out Refinancing 82 $23,620,000 $288,000 $735,000 $119,000 $394,000
Home Improvement 16 $4,120,000 $257,000 $1,005,000 $134,000 $775,000
Other Purpose 4 $1,760,000 $440,000 $995,000 $165,000 $246,000
Not Applicable 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 671 $206,415,000 $307,000 $1,005,000 $128,000 $775,000
Black or African American 359 $89,085,000 $248,000 $1,325,000 $107,000 $900,000
Hispanic 192 $53,030,000 $276,000 $1,255,000 $106,000 $522,000
Not Provided 127 $42,585,000 $335,000 $1,925,000 $137,000 $1,274,000
Asian 71 $31,145,000 $438,000 $1,125,000 $162,000 $398,000
American Indian or Alaskan Native 10 $3,390,000 $339,000 $545,000 $154,000 $273,000
Native Hawaiian or Other Pacific Islander 3 $695,000 $231,000 $355,000 $116,000 $116,000
Not applicable 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) 755 $217,475,000 $288,000 $1,125,000 $141,000 $1,274,000
FHA-insured (Federal Housing Administration) 514 $152,520,000 $296,000 $1,925,000 $100,000 $669,000
VA-guaranteed (Veterans Administration) 149 $52,665,000 $353,000 $1,325,000 $112,000 $401,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 16 $3,960,000 $247,000 $375,000 $85,000 $161,000

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 875 $260,155,000 $297,000 $1,325,000 $120,000 $1,274,000
Application Withdrawn By Applicant 319 $96,715,000 $303,000 $1,925,000 $133,000 $900,000
Application Denied By Financial Institution 202 $57,900,000 $286,000 $855,000 $116,000 $404,000
Preapproval Denied by Financial Institution 27 $8,935,000 $330,000 $1,255,000 $116,000 $669,000
Application Approved But Not Accepted 6 $1,710,000 $285,000 $365,000 $119,000 $272,000
File Closed For Incompleteness 5 $1,205,000 $241,000 $335,000 $98,000 $219,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 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 1,205 $359,785,000 $298,000 $1,925,000 $124,000 $1,274,000
Credit Application Incomplete 111 $33,475,000 $301,000 $1,255,000 $119,000 $399,000
Debt-To-Income Ratio 41 $11,445,000 $279,000 $585,000 $81,000 $300,000
Collateral 29 $7,975,000 $275,000 $665,000 $117,000 $365,000
Credit History 15 $3,545,000 $236,000 $405,000 $91,000 $132,000
Other 10 $3,340,000 $334,000 $755,000 $169,000 $404,000
Unverifiable Information 9 $4,015,000 $446,000 $965,000 $258,000 $669,000
Insufficient Cash (Downpayment, Closing Cost) 9 $2,155,000 $239,000 $365,000 $79,000 $147,000
Employment History 5 $885,000 $177,000 $265,000 $106,000 $235,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Success Lending, LLC's 2025 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 Success Lending, LLC'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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