McDonough County, IL Mortgage Lenders & HMDA Data, 2020

In 2020, lenders reported 578 mortgage applications in McDonough County, IL totaling $59.8 million, up 38% from 2019. The average application was for $103,000, and applicants reported an average income of $79,000. 66% of applications resulted in an originated loan and 11% were denied. The most active lender was United Community Bank, with 74 applications, followed by Morton Community Bank and First Bankers Trust Company.

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Years 2025  2024  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 578
Total Mortgage Loan Application Amount $59,810,000
Average Mortgage Loan Application Amount $103,000
Highest Mortgage Loan Application Amount $455,000
Average Applicant Income $79,000
Highest Applicant Income $643,000

Mortgage Company List for Lending in McDonough County, IL for 2020

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
United Community Bank
104 N MACOUPIN
CHATHAM, IL 62629
* $ 2,663,225,000 74 $ 6,250,000
Morton Community Bank
721 W. JACKSON
MORTON, IL 61550
* $ 4,048,788,000 72 $ 7,550,000
First Bankers Trust Company
505 NORTH 24TH STREET
QUINCY, IL 62301
* $ 921,626,000 62 $ 7,100,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ 473,977,000 44 $ 4,250,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 191,043,000 28 $ 2,780,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 18 $ 1,630,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 16 $ 1,880,000
Marine Bank
3050 WABASH AVENUE
SPRINGFIELD, IL 62704
* $ 639,675,000 14 $ 1,670,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 13 $ 1,395,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,712,919,000,000 11 $ 1,335,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 9 $ 795,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 8 $ 870,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 1,474,943,000 8 $ 930,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 7 $ 1,095,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 6 $ 550,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 6,258,523,000 6 $ 440,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 6 $ 550,000
West Central Bank
400 E BUCHANAN
ASHLAND, IL 62612
* $ 187,309,000 5 $ 485,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 5 $ 575,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 5 $ 385,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 4 $ 220,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ -1,000 4 $ 330,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 4 $ 860,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 3 $ 575,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 3 $ 355,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 3 $ 465,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 3 $ 295,000
Farmers & Mechanics Bank
21 E MAIN ST
GALESBURG, IL 61401
* $ 364,964,000 3 $ 295,000
Community Banc Mortgage Corp
301 N MAIN
CHATHAM, IL 62629
* $ -1,000 3 $ 475,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 3 $ 295,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 3 $ 455,000
Bank of Springfield
2600 STEVENSON DRIVE
SPRINGFIELD, IL 62711
* $ 1,040,288,000 3 $ 305,000
Heartland Bank & Trust Company
401 N HERSHEY RD
BLOOMINGTON, IL 61704
* $ 2,909,697,000 3 $ 525,000
Commerce Bank
922 WALNUT, TB 12-1
KANSAS CITY, MO 64106
* $ 25,955,469,000 2 $ 10,000
Amres Corporation
1 NESHAMINY INTERPLEX, SUITE 310
TREVOSE, PA 19053
* $ -1,000 2 $ 150,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 112,384,202,000 2 $ 170,000
Inland Bank & Trust
1900 W STATE ST
GENEVA, IL 60134
* $ 1,123,482,000 2 $ 80,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 2 $ 160,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 2 $ 220,000
First Mid Bank and Trust, NA
1515 CHARLESTON AVE, PO BOX 499
MATTOON, IL 61938
* $ 3,808,206,000 2 $ 150,000
Homebank
PO BOX 311
PALMYRA, MO 63461
* $ 421,979,000 2 $ 260,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 2 $ 280,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 2 $ 200,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 397,703,264,000 2 $ 160,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,424,675,000 2 $ 90,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 80,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 2 $ 400,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 2 $ 240,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 2 $ 180,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 2 $ 100,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,131,130,000 1 $ 135,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 108,739,378,000 1 $ 25,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 1 $ 255,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 85,000
Illinois State Police Federal Credit Union
730 ENGINEERING AVE.
SPRINGFIELD, IL 62703
* $ 97,336,000 1 $ 115,000
Northern Mortgage Services, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ -1,000 1 $ 175,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 45,000
Senb Bank
3535 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 298,401,000 1 $ 65,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 1 $ 125,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 137,588,093,000 1 $ 75,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 1 $ 45,000
Alliance Community Bank
200 N WEST ST, PO BOX 319
PETERSBURG, IL 62675
* $ 276,227,000 1 $ 65,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 1 $ 95,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 4,645,441,000 1 $ 45,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 14,789,845,000 1 $ 65,000
First Financial Bank NA
1401 S. THIRD ST.
TERRE HAUTE, IN 47802
* $ 3,918,468,000 1 $ 35,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 135,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ -1,000 1 $ 115,000
Petefish, Skiles, & Company Bank
102 W. BEARDSTOWN ST.
VIRGINIA, IL 62691
* $ 193,834,000 1 $ 145,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ -1,000 1 $ 175,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 1 $ 85,000
First Home Bank
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 531,151,000 1 $ 105,000
First State Bank of Bloomington
204 N PROSPECT AVE
BLOOMINGOTN, IL 61704
* $ 119,465,000 1 $ 75,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 1 $ 95,000
Ipava State Bank
PO BOX 49 70 EAST MAIN STREET
IPAVA, IL 61441
* $ 141,878,000 1 $ 165,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 198,963,000 1 $ 245,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,641,000,000 1 $ 25,000
Midwest Bank
200 EAST BROADWAY, P.O. BOX 440
MONMOUTH, IL 61462
* $ 521,891,000 1 $ 165,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 1 $ 105,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,453,998,000,000 1 $ 75,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 1 $ 25,000
Allied Mortgage Group, Inc
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ -1,000 1 $ 75,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 55,000
Rockwood Bank
219 THRESHER
EUREKA, MO 63025
* $ 243,230,000 1 $ 115,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 1 $ 155,000
Great Lakes Credit Union
2525 GREEN BAY
BANNOCKBURN, IL 60015
* $ 886,238,000 1 $ 65,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 1 $ 115,000
Prairie State Bank & Trust
3751 W. WABASH AVE
SPRINGFIELD, IL 62704
* $ 684,678,000 1 $ 155,000
Central Bank Illinois
101 N STATE ST
GENESEO, IL 61254
* $ 917,280,000 1 $ 65,000
Delmar Financial Company
1066 EXECUTIVE PARKWAY SUITE 100
ST LOUIS, MO 63141
* $ -1,000 1 $ 65,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 35,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 165,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 115,000
Flagstar Bank NA

TROY, MI 49098
* $ 23,234,514,000 1 $ 305,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 346,188,000 1 $ 15,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 105,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 1 $ 85,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 12,244,742,000 1 $ 65,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 2,488,033,000 1 $ 75,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 95,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 1 $ 75,000
Bank & Trust Company
401 N MADISON
LITCHFIELD, IL 62056
* $ 346,631,000 1 $ 325,000
First Bank
11901 OLIVE BOULEVARD
SAINT LOUIS, MO 63141
* $ 6,166,684,000 1 $ 5,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 1 $ 75,000
Town & Country Banc Mortgage Services, Inc.
3601 W WABASH AVE
SPRINGFIELD, IL 62711
* $ -1,000 1 $ 35,000

The tables below break down 2020 mortgage applications in McDonough County, IL by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for McDonough County, IL in 2020

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 255 $25,935,000 $101,000 $455,000 $68,000 $400,000
Refinancing 203 $23,135,000 $113,000 $335,000 $84,000 $250,000
Cash-out Refinancing 84 $8,480,000 $100,000 $325,000 $102,000 $643,000
Home Improvement 15 $795,000 $53,000 $195,000 $87,000 $400,000
Other Purpose 12 $670,000 $55,000 $125,000 $68,000 $141,000
Not Applicable 9 $795,000 $88,000 $135,000 $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 464 $47,370,000 $102,000 $415,000 $79,000 $643,000
Not applicable 49 $4,885,000 $99,000 $245,000 $115,000 $135,000
Not Provided 39 $4,335,000 $111,000 $275,000 $70,000 $240,000
Black or African American 9 $925,000 $102,000 $195,000 $165,000 $400,000
Hispanic 7 $1,095,000 $156,000 $455,000 $89,000 $164,000
Asian 5 $695,000 $139,000 $215,000 $88,000 $163,000
American Indian or Alaskan Native 4 $250,000 $62,000 $75,000 $20,000 $40,000
Native Hawaiian or Other Pacific Islander 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) 402 $41,360,000 $102,000 $455,000 $86,000 $643,000
VA-guaranteed (Veterans Administration) 73 $10,025,000 $137,000 $315,000 $72,000 $400,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 53 $3,685,000 $69,000 $135,000 $40,000 $101,000
FHA-insured (Federal Housing Administration) 50 $4,740,000 $94,000 $275,000 $56,000 $182,000

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 384 $41,270,000 $107,000 $455,000 $80,000 $430,000
Application Denied By Financial Institution 63 $4,475,000 $71,000 $255,000 $64,000 $360,000
Loan Purchased By The Institution 51 $4,995,000 $97,000 $245,000 $64,000 $135,000
Application Withdrawn By Applicant 50 $5,300,000 $106,000 $415,000 $90,000 $643,000
Application Approved But Not Accepted 16 $1,920,000 $120,000 $245,000 $91,000 $250,000
File Closed For Incompleteness 13 $1,625,000 $125,000 $275,000 $86,000 $175,000
Preapproval Approved but not Accepted 1 $225,000 $225,000 $225,000 $47,000 $47,000
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
Not applicable 507 $54,225,000 $106,000 $455,000 $81,000 $643,000
Credit History 25 $1,555,000 $62,000 $185,000 $57,000 $250,000
Debt-To-Income Ratio 24 $2,420,000 $100,000 $325,000 $76,000 $170,000
Collateral 10 $720,000 $72,000 $125,000 $67,000 $123,000
Other 6 $400,000 $66,000 $155,000 $108,000 $360,000
Unverifiable Information 2 $140,000 $70,000 $95,000 $52,000 $70,000
Credit Application Incomplete 2 $250,000 $125,000 $165,000 $78,000 $78,000
Employment History 1 $35,000 $35,000 $35,000 $44,000 $44,000
Insufficient Cash (Downpayment, Closing Cost) 1 $65,000 $65,000 $65,000 $42,000 $42,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (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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