Town & Country Bank Buffalo Mortgage Lending & HMDA Data, 2008
In 2008, Town & Country Bank Buffalo of Buffalo, IL reported 108 mortgage applications totaling $7.1 million, down 22% from 2007. The average application was for $66,009, and applicants reported an average income of $93,111. 77% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Decatur, IL (63), Springfield, IL (31) and Champaign-Urbana, IL (2) (applications in parentheses).
| Mortgage Company & Address | Town & Country Bank Buffalo 100 W Elm Street Buffalo, IL 61515 |
| Federal Regulator | * available with data download |
| Years | 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 108 |
| Total Mortgage Loan Application Amount | $7,129,000 |
| Average Mortgage Loan Application Amount | $66,009 |
| Highest Mortgage Loan Application Amount | $386,000 |
| Average Applicant Income | $93,111 |
| Highest Applicant Income | $671,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Town & Country Bank Buffalo filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Macon, Illinois | 63 | $ 4,190,000 | $ 66,507 | $ 110,000 |
| Sangamon, Illinois | 30 | $ 2,006,000 | $ 66,866 | $ 51,000 |
| Shelby, Illinois | 3 | $ 178,000 | $ 59,333 | $ 45,000 |
| Christian, Illinois | 2 | $ 69,000 | $ 34,500 | $ 61,000 |
| Douglas, Illinois | 2 | $ 230,000 | $ 115,000 | $ 113,000 |
| Moultrie, Illinois | 2 | $ 273,000 | $ 136,500 | $ 71,000 |
| Piatt, Illinois | 2 | $ 44,000 | $ 22,000 | $ 94,000 |
| De Witt, Illinois | 1 | $ 4,000 | $ 4,000 | $ 42,000 |
| McLean, Illinois | 1 | $ 103,000 | $ 103,000 | $ 0 |
| Menard, Illinois | 1 | $ 2,000 | $ 2,000 | $ 72,000 |
| Camden, Missouri | 1 | $ 30,000 | $ 30,000 | $ 671,000 |
Mortgage Loan Application Detail Totals for Town & Country Bank Buffalo in 2008
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 | 61 | $4,593,000 | $75,000 | $386,000 | $87,000 | $459,000 |
| Home Purchase | 29 | $1,879,000 | $64,000 | $265,000 | $93,000 | $671,000 |
| Home Improvement | 18 | $657,000 | $36,000 | $130,000 | $114,000 | $671,000 |
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 | 73 | $4,240,000 | $58,000 | $386,000 | $112,000 | $671,000 |
| Not Provided | 20 | $1,419,000 | $70,000 | $205,000 | $77,000 | $241,000 |
| Not applicable | 10 | $970,000 | $97,000 | $338,000 | $0 | $0 |
| American Indian or Alaskan Native | 2 | $122,000 | $61,000 | $70,000 | $38,000 | $44,000 |
| Black or African American | 2 | $338,000 | $169,000 | $265,000 | $112,000 | $112,000 |
| Hispanic | 1 | $40,000 | $40,000 | $40,000 | $47,000 | $47,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 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) | 108 | $7,129,000 | $66,000 | $386,000 | $93,000 | $671,000 |
| 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 | 83 | $5,694,000 | $68,000 | $386,000 | $100,000 | $671,000 |
| Application Denied By Financial Institution | 11 | $566,000 | $51,000 | $184,000 | $53,000 | $113,000 |
| Application Withdrawn By Applicant | 7 | $260,000 | $37,000 | $52,000 | $83,000 | $133,000 |
| Application Approved But Not Accepted | 6 | $489,000 | $81,000 | $171,000 | $90,000 | $182,000 |
| File Closed For Incompleteness | 1 | $120,000 | $120,000 | $120,000 | $59,000 | $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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 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 Town & Country Bank Buffalo's 2008 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 Town & Country Bank Buffalo'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