West Town Bank & Trust Mortgage Lending & HMDA Data, 2013
In 2013, West Town Bank & Trust of North Riverside, IL reported 2,294 mortgage applications totaling $506.9 million, down 13% from 2012. The average application was for $220,970, and applicants reported an average income of $53,788. 66% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Edison-New Brunswick, NJ (155), Baltimore-Towson, MD (122) and Washington-Arlington-Alexandria, DC-VA-MD-WV (105) (applications in parentheses).
| Mortgage Company & Address | West Town Bank & Trust 7820 W 26th Street North Riverside, IL 60546 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,294 |
| Total Mortgage Loan Application Amount | $506,907,000 |
| Average Mortgage Loan Application Amount | $220,970 |
| Highest Mortgage Loan Application Amount | $2,324,000 |
| Average Applicant Income | $53,788 |
| Highest Applicant Income | $1,129,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records West Town Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for West Town Bank & Trust in 2013
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 | 1,896 | $416,751,000 | $219,000 | $2,324,000 | $47,000 | $1,129,000 |
| Home Purchase | 394 | $89,287,000 | $226,000 | $994,000 | $87,000 | $893,000 |
| Home Improvement | 4 | $869,000 | $217,000 | $293,000 | $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 | 1,630 | $360,092,000 | $220,000 | $1,264,000 | $59,000 | $1,129,000 |
| Black or African American | 312 | $64,970,000 | $208,000 | $620,000 | $29,000 | $603,000 |
| Hispanic | 137 | $30,869,000 | $225,000 | $581,000 | $44,000 | $281,000 |
| Asian | 75 | $19,492,000 | $259,000 | $451,000 | $107,000 | $578,000 |
| Not applicable | 73 | $17,778,000 | $243,000 | $2,324,000 | $0 | $0 |
| Not Provided | 41 | $7,886,000 | $192,000 | $488,000 | $53,000 | $232,000 |
| Native Hawaiian or Other Pacific Islander | 18 | $3,971,000 | $220,000 | $450,000 | $31,000 | $135,000 |
| American Indian or Alaskan Native | 8 | $1,849,000 | $231,000 | $417,000 | $49,000 | $137,000 |
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 |
|---|---|---|---|---|---|---|
| VA-guaranteed (Veterans Administration) | 1,069 | $213,964,000 | $200,000 | $620,000 | $14,000 | $196,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 806 | $197,230,000 | $244,000 | $2,324,000 | $110,000 | $1,129,000 |
| FHA-insured (Federal Housing Administration) | 419 | $95,713,000 | $228,000 | $743,000 | $45,000 | $578,000 |
| 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 | 1,504 | $330,553,000 | $219,000 | $2,324,000 | $47,000 | $893,000 |
| Application Withdrawn By Applicant | 434 | $92,913,000 | $214,000 | $743,000 | $68,000 | $1,129,000 |
| Application Denied By Financial Institution | 195 | $45,942,000 | $235,000 | $719,000 | $76,000 | $418,000 |
| File Closed For Incompleteness | 90 | $20,162,000 | $224,000 | $1,264,000 | $71,000 | $279,000 |
| Loan Purchased By The Institution | 58 | $14,756,000 | $254,000 | $1,261,000 | $0 | $0 |
| Application Approved But Not Accepted | 13 | $2,581,000 | $198,000 | $555,000 | $51,000 | $326,000 |
| 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 West Town Bank & Trust's 2013 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 West Town Bank & Trust'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