The Federal Savings Bank Mortgage Lending & HMDA Data, 2011

In 2011, The Federal Savings Bank of Chicago, IL reported 326 mortgage applications totaling $104.5 million. The average application was for $320,665, and applicants reported an average income of $134,177. 76% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Gulfport-Biloxi, MS (45), Washington-Arlington-Alexandria, DC-VA-MD-WV (21) and Chicago-Joliet-Naperville, IL (17) (applications in parentheses).

Mortgage Company & Address The Federal Savings Bank
300 N Elizabeth Street, Ste 3e
Chicago, IL 60639
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 326
Total Mortgage Loan Application Amount $104,537,000
Average Mortgage Loan Application Amount $320,665
Highest Mortgage Loan Application Amount $1,000,000
Average Applicant Income $134,177
Highest Applicant Income $2,000,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records The Federal Savings Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 The Federal Savings Bank by County in 2011

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Harrison, Mississippi 45 $ 6,550,000 $ 145,555 $ 174,000
Jackson, Mississippi 14 $ 2,657,000 $ 189,785 $ 203,000
Clark, Nevada 11 $ 2,666,000 $ 242,363 $ 191,000
Cook, Illinois 9 $ 3,653,000 $ 405,888 $ 219,000
Fairfax, Virginia 6 $ 2,877,000 $ 479,500 $ 145,000
Bexar, Texas 5 $ 1,699,000 $ 339,800 $ 111,000
Orange, California 4 $ 1,926,000 $ 481,500 $ 35,000
San Diego, California 4 $ 2,007,000 $ 501,750 $ 141,000
DuPage, Illinois 4 $ 1,689,000 $ 422,250 $ 252,000
Los Angeles, California 3 $ 995,000 $ 331,666 $ 97,000
Riverside, California 3 $ 895,000 $ 298,333 $ 90,000
Orange, Florida 3 $ 1,039,000 $ 346,333 $ 107,000
Fayette, Georgia 3 $ 735,000 $ 245,000 $ 105,000
Lake, Illinois 3 $ 1,407,000 $ 469,000 $ 220,000
Montgomery, Maryland 3 $ 1,418,000 $ 472,666 $ 103,000
Barnstable, Massachusetts 3 $ 819,000 $ 273,000 $ 71,000
Jackson, Missouri 3 $ 653,000 $ 217,666 $ 109,000
Hillsborough, New Hampshire 3 $ 1,104,000 $ 368,000 $ 101,000
Loudoun, Virginia 3 $ 1,342,000 $ 447,333 $ 161,000
Prince William, Virginia 3 $ 1,218,000 $ 406,000 $ 122,000
York, Virginia 3 $ 991,000 $ 330,333 $ 107,000
Pima, Arizona 2 $ 381,000 $ 190,500 $ 85,000
Alameda, California 2 $ 1,046,000 $ 523,000 $ 98,000
Arapahoe, Colorado 2 $ 648,000 $ 324,000 $ 180,000
District of Columbia, District Of Columbia 2 $ 1,161,000 $ 580,500 $ 195,000
Escambia, Florida 2 $ 884,000 $ 442,000 $ 261,000
Miami-Dade, Florida 2 $ 1,153,000 $ 576,500 $ 106,000
Cobb, Georgia 2 $ 647,000 $ 323,500 $ 87,000
Honolulu, Hawaii 2 $ 892,000 $ 446,000 $ 91,000
McHenry, Illinois 2 $ 447,000 $ 223,500 $ 147,000
Johnson, Kansas 2 $ 523,000 $ 261,500 $ 70,000
Madison, Kentucky 2 $ 404,000 $ 202,000 $ 81,000
Essex, Massachusetts 2 $ 682,000 $ 341,000 $ 112,000
Dakota, Minnesota 2 $ 642,000 $ 321,000 $ 51,000
Lincoln, Montana 2 $ 517,000 $ 258,500 $ 101,000
Douglas, Nebraska 2 $ 775,000 $ 387,500 $ 120,000
Bernalillo, New Mexico 2 $ 1,422,000 $ 711,000 $ 115,000
Westchester, New York 2 $ 753,000 $ 376,500 $ 126,000
Transylvania, North Carolina 2 $ 1,229,000 $ 614,500 $ 457,000
Hays, Texas 2 $ 725,000 $ 362,500 $ 41,000
Montgomery, Texas 2 $ 598,000 $ 299,000 $ 123,000
King, Washington 2 $ 853,000 $ 426,500 $ 124,000
Kitsap, Washington 2 $ 624,000 $ 312,000 $ 62,000
Pierce, Washington 2 $ 1,133,000 $ 566,500 $ 73,000
Thurston, Washington 2 $ 595,000 $ 297,500 $ 48,000
Baldwin, Alabama 1 $ 268,000 $ 268,000 $ 85,000
Calhoun, Alabama 1 $ 275,000 $ 275,000 $ 0
Colbert, Alabama 1 $ 427,000 $ 427,000 $ 130,000
Jefferson, Alabama 1 $ 120,000 $ 120,000 $ 47,000
Limestone, Alabama 1 $ 189,000 $ 189,000 $ 127,000
Madison, Alabama 1 $ 394,000 $ 394,000 $ 110,000
Mobile, Alabama 1 $ 315,000 $ 315,000 $ 100,000
Montgomery, Alabama 1 $ 178,000 $ 178,000 $ 153,000
Cochise, Arizona 1 $ 525,000 $ 525,000 $ 164,000
Coconino, Arizona 1 $ 450,000 $ 450,000 $ 149,000
Yavapai, Arizona 1 $ 733,000 $ 733,000 $ 221,000
Contra Costa, California 1 $ 670,000 $ 670,000 $ 162,000
Kern, California 1 $ 245,000 $ 245,000 $ 85,000
Monterey, California 1 $ 439,000 $ 439,000 $ 138,000
Nevada, California 1 $ 311,000 $ 311,000 $ 85,000
Placer, California 1 $ 334,000 $ 334,000 $ 18,000
Solano, California 1 $ 240,000 $ 240,000 $ 0
Sonoma, California 1 $ 509,000 $ 509,000 $ 402,000
Adams, Colorado 1 $ 316,000 $ 316,000 $ 111,000
Denver, Colorado 1 $ 410,000 $ 410,000 $ 108,000
Douglas, Colorado 1 $ 385,000 $ 385,000 $ 71,000
El Paso, Colorado 1 $ 296,000 $ 296,000 $ 158,000
Montrose, Colorado 1 $ 297,000 $ 297,000 $ 79,000
Routt, Colorado 1 $ 339,000 $ 339,000 $ 47,000
Hartford, Connecticut 1 $ 260,000 $ 260,000 $ 198,000
New London, Connecticut 1 $ 282,000 $ 282,000 $ 53,000
Kent, Delaware 1 $ 233,000 $ 233,000 $ 154,000
Sussex, Delaware 1 $ 340,000 $ 340,000 $ 61,000
Alachua, Florida 1 $ 148,000 $ 148,000 $ 123,000
Bay, Florida 1 $ 425,000 $ 425,000 $ 0
Duval, Florida 1 $ 517,000 $ 517,000 $ 157,000
Hillsborough, Florida 1 $ 193,000 $ 193,000 $ 84,000
Jefferson, Florida 1 $ 140,000 $ 140,000 $ 45,000
Manatee, Florida 1 $ 398,000 $ 398,000 $ 118,000
Monroe, Florida 1 $ 296,000 $ 296,000 $ 106,000
Nassau, Florida 1 $ 275,000 $ 275,000 $ 79,000
St. Johns, Florida 1 $ 683,000 $ 683,000 $ 197,000
Volusia, Florida 1 $ 194,000 $ 194,000 $ 82,000
Bryan, Georgia 1 $ 220,000 $ 220,000 $ 0
Camden, Georgia 1 $ 259,000 $ 259,000 $ 48,000
Dougherty, Georgia 1 $ 515,000 $ 515,000 $ 184,000
Douglas, Georgia 1 $ 242,000 $ 242,000 $ 168,000
Fulton, Georgia 1 $ 385,000 $ 385,000 $ 290,000
Greene, Georgia 1 $ 411,000 $ 411,000 $ 147,000
Harris, Georgia 1 $ 276,000 $ 276,000 $ 77,000
Henry, Georgia 1 $ 238,000 $ 238,000 $ 0
Houston, Georgia 1 $ 249,000 $ 249,000 $ 32,000
Paulding, Georgia 1 $ 266,000 $ 266,000 $ 56,000
Walton, Georgia 1 $ 175,000 $ 175,000 $ 56,000
Hawaii, Hawaii 1 $ 292,000 $ 292,000 $ 144,000
Kauai, Hawaii 1 $ 513,000 $ 513,000 $ 118,000
Maui, Hawaii 1 $ 332,000 $ 332,000 $ 73,000
Kootenai, Idaho 1 $ 165,000 $ 165,000 $ 258,000
Bond, Illinois 1 $ 336,000 $ 336,000 $ 140,000
Kane, Illinois 1 $ 563,000 $ 563,000 $ 119,000
Will, Illinois 1 $ 220,000 $ 220,000 $ 51,000
Montgomery, Indiana 1 $ 111,000 $ 111,000 $ 128,000
Polk, Iowa 1 $ 179,000 $ 179,000 $ 53,000
Riley, Kansas 1 $ 247,000 $ 247,000 $ 0
Fayette, Kentucky 1 $ 189,000 $ 189,000 $ 59,000
West Feliciana, Louisiana 1 $ 275,000 $ 275,000 $ 134,000
Baltimore, Maryland 1 $ 230,000 $ 230,000 $ 107,000
Calvert, Maryland 1 $ 320,000 $ 320,000 $ 101,000
Charles, Maryland 1 $ 506,000 $ 506,000 $ 0
Howard, Maryland 1 $ 531,000 $ 531,000 $ 0
Prince George's, Maryland 1 $ 417,000 $ 417,000 $ 0
Washington, Maryland 1 $ 274,000 $ 274,000 $ 134,000
Bristol, Massachusetts 1 $ 302,000 $ 302,000 $ 0
Hampden, Massachusetts 1 $ 325,000 $ 325,000 $ 140,000
Suffolk, Massachusetts 1 $ 295,000 $ 295,000 $ 99,000
Oakland, Michigan 1 $ 533,000 $ 533,000 $ 150,000
Wayne, Michigan 1 $ 332,000 $ 332,000 $ 192,000
Sherburne, Minnesota 1 $ 547,000 $ 547,000 $ 0
Forrest, Mississippi 1 $ 197,000 $ 197,000 $ 54,000
Clay, Missouri 1 $ 165,000 $ 165,000 $ 0
Cooper, Missouri 1 $ 322,000 $ 322,000 $ 0
Greene, Missouri 1 $ 296,000 $ 296,000 $ 53,000
Henry, Missouri 1 $ 184,000 $ 184,000 $ 77,000
Jefferson, Missouri 1 $ 405,000 $ 405,000 $ 116,000
St. Louis, Missouri 1 $ 200,000 $ 200,000 $ 256,000
Gallatin, Montana 1 $ 378,000 $ 378,000 $ 94,000
Silver Bow, Montana 1 $ 1,000,000 $ 1,000,000 $ 178,000
Washoe, Nevada 1 $ 297,000 $ 297,000 $ 44,000
Hudson, New Jersey 1 $ 331,000 $ 331,000 $ 81,000
Sussex, New Jersey 1 $ 400,000 $ 400,000 $ 89,000
Dona Ana, New Mexico 1 $ 265,000 $ 265,000 $ 52,000
Nassau, New York 1 $ 268,000 $ 268,000 $ 54,000
Caldwell, North Carolina 1 $ 402,000 $ 402,000 $ 108,000
Craven, North Carolina 1 $ 359,000 $ 359,000 $ 122,000
Mecklenburg, North Carolina 1 $ 248,000 $ 248,000 $ 104,000
Moore, North Carolina 1 $ 410,000 $ 410,000 $ 0
Union, North Carolina 1 $ 417,000 $ 417,000 $ 145,000
Franklin, Ohio 1 $ 115,000 $ 115,000 $ 47,000
Stark, Ohio 1 $ 238,000 $ 238,000 $ 0
Oklahoma, Oklahoma 1 $ 526,000 $ 526,000 $ 0
Texas, Oklahoma 1 $ 114,000 $ 114,000 $ 107,000
Hood River, Oregon 1 $ 134,000 $ 134,000 $ 42,000
Multnomah, Oregon 1 $ 242,000 $ 242,000 $ 140,000
Polk, Oregon 1 $ 200,000 $ 200,000 $ 86,000
Bucks, Pennsylvania 1 $ 241,000 $ 241,000 $ 115,000
Centre, Pennsylvania 1 $ 245,000 $ 245,000 $ 128,000
Chester, Pennsylvania 1 $ 332,000 $ 332,000 $ 202,000
Cumberland, Pennsylvania 1 $ 281,000 $ 281,000 $ 117,000
Lehigh, Pennsylvania 1 $ 315,000 $ 315,000 $ 133,000
Westmoreland, Pennsylvania 1 $ 308,000 $ 308,000 $ 123,000
York, Pennsylvania 1 $ 213,000 $ 213,000 $ 0
Providence, Rhode Island 1 $ 462,000 $ 462,000 $ 98,000
Berkeley, South Carolina 1 $ 473,000 $ 473,000 $ 61,000
Dorchester, South Carolina 1 $ 285,000 $ 285,000 $ 61,000
Lexington, South Carolina 1 $ 486,000 $ 486,000 $ 145,000
Union, South Dakota 1 $ 392,000 $ 392,000 $ 117,000
Carter, Tennessee 1 $ 196,000 $ 196,000 $ 82,000
Davidson, Tennessee 1 $ 310,000 $ 310,000 $ 114,000
Sumner, Tennessee 1 $ 511,000 $ 511,000 $ 137,000
Washington, Tennessee 1 $ 194,000 $ 194,000 $ 82,000
Bell, Texas 1 $ 177,000 $ 177,000 $ 0
Brazoria, Texas 1 $ 197,000 $ 197,000 $ 102,000
Comal, Texas 1 $ 355,000 $ 355,000 $ 165,000
Denton, Texas 1 $ 306,000 $ 306,000 $ 139,000
Harris, Texas 1 $ 737,000 $ 737,000 $ 472,000
Maverick, Texas 1 $ 141,000 $ 141,000 $ 69,000
McLennan, Texas 1 $ 377,000 $ 377,000 $ 118,000
Nueces, Texas 1 $ 417,000 $ 417,000 $ 0
Tarrant, Texas 1 $ 250,000 $ 250,000 $ 0
Rutland, Vermont 1 $ 563,000 $ 563,000 $ 375,000
Alexandria, Virginia 1 $ 600,000 $ 600,000 $ 197,000
Arlington, Virginia 1 $ 564,000 $ 564,000 $ 0
Chesapeake, Virginia 1 $ 490,000 $ 490,000 $ 0
Fairfax City, Virginia 1 $ 474,000 $ 474,000 $ 0
James City, Virginia 1 $ 344,000 $ 344,000 $ 0
King George, Virginia 1 $ 468,000 $ 468,000 $ 173,000
Stafford, Virginia 1 $ 529,000 $ 529,000 $ 119,000
Lewis, Washington 1 $ 417,000 $ 417,000 $ 71,000
Skagit, Washington 1 $ 325,000 $ 325,000 $ 134,000
Skamania, Washington 1 $ 197,000 $ 197,000 $ 79,000
Dane, Wisconsin 1 $ 417,000 $ 417,000 $ 161,000
Langlade, Wisconsin 1 $ 243,000 $ 243,000 $ 73,000
Racine, Wisconsin 1 $ 195,000 $ 195,000 $ 136,000
Laramie, Wyoming 1 $ 316,000 $ 316,000 $ 123,000
Teton, Wyoming 1 $ 688,000 $ 688,000 $ 2,000,000

Mortgage Loan Application Detail Totals for The Federal Savings Bank in 2011

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 174 $63,897,000 $367,000 $1,000,000 $109,000 $2,000,000
Home Purchase 152 $40,640,000 $267,000 $915,000 $163,000 $908,000
Home Improvement 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 273 $85,806,000 $314,000 $1,000,000 $141,000 $2,000,000
Not Provided 18 $6,119,000 $339,000 $683,000 $113,000 $201,000
Black or African American 13 $4,679,000 $359,000 $662,000 $89,000 $250,000
Hispanic 11 $4,370,000 $397,000 $894,000 $64,000 $142,000
Asian 7 $2,340,000 $334,000 $613,000 $115,000 $308,000
Native Hawaiian or Other Pacific Islander 3 $706,000 $235,000 $399,000 $156,000 $240,000
American Indian or Alaskan Native 1 $517,000 $517,000 $517,000 $157,000 $157,000
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) 167 $45,527,000 $272,000 $1,000,000 $176,000 $2,000,000
VA-guaranteed (Veterans Administration) 155 $58,145,000 $375,000 $1,000,000 $91,000 $375,000
FHA-insured (Federal Housing Administration) 4 $865,000 $216,000 $331,000 $84,000 $110,000
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 248 $77,986,000 $314,000 $1,000,000 $133,000 $2,000,000
Application Withdrawn By Applicant 42 $15,216,000 $362,000 $1,000,000 $100,000 $284,000
Application Approved But Not Accepted 15 $4,443,000 $296,000 $710,000 $167,000 $542,000
Application Denied By Financial Institution 15 $5,266,000 $351,000 $812,000 $161,000 $365,000
File Closed For Incompleteness 6 $1,626,000 $271,000 $737,000 $272,000 $472,000
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
Collateral 6 $2,360,000 $393,000 $812,000 $245,000 $365,000
Debt-To-Income Ratio 5 $1,467,000 $293,000 $442,000 $110,000 $264,000
Credit History 3 $1,012,000 $337,000 $399,000 $87,000 $117,000
Unverifiable Information 1 $427,000 $427,000 $427,000 $130,000 $130,000
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into The Federal Savings Bank's 2011 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 The Federal Savings Bank'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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