Mercer County, IL Mortgage Lenders & HMDA Data, 2009

In 2009, lenders reported 1,227 mortgage applications in Mercer County, IL totaling $115.5 million, up 8% from 2008. The average application was for $94,000, and applicants reported an average income of $59,000. 53% of applications resulted in an originated loan and 15% were denied. The most active lender was Wells Fargo Bank, NA, with 111 applications, followed by Farmers State Bank of Western Illinois and Triumph Community Bank NA.

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Total Number of Mortgage Applications 1,227
Total Mortgage Loan Application Amount $115,490,000
Average Mortgage Loan Application Amount $94,000
Highest Mortgage Loan Application Amount $1,000,000
Average Applicant Income $59,000
Highest Applicant Income $534,000

Mortgage Company List for Lending in Mercer County, IL for 2009

* 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
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 538,958,000,000 111 $ 11,628,000
Farmers State Bank of Western Illinois
PO BOX 369
ALPHA, IL 61413
* $ 105,200,000 94 $ 6,989,000
Triumph Community Bank NA
2040 1ST STREET A
MOLINE, IL 61265
* $ 1,230,924,000 92 $ 7,032,000
Vibrant Credit Union
1900 52ND AVE
MOLINE, IL 61265
* $ 366,158,000 79 $ 6,048,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,471,631,047,000 61 $ 7,104,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 672,299,000 44 $ 2,932,000
Farmers-Merchants Bank of Illinois
P.O. BOX 217
JOY, IL 61260
* $ 41,862,000 42 $ 2,167,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,746,242,000,000 39 $ 3,465,000
Midwest Bank
200 EAST BROADWAY, P.O. BOX 440
MONMOUTH, IL 61462
* $ 355,058,000 36 $ 3,278,000
Valley Bank
3455 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 703,483,000 36 $ 3,546,000
American B&T C, N.A.
4301 E 53RD STREET
DAVENPORT, IA 52807
* $ 678,723,000 26 $ 3,211,000
US Bank, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 261,775,591,000 26 $ 3,563,000
Citibank, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,227,040,000,000 25 $ 1,679,000
Countrywide Bank FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 117,978,966,000 24 $ 2,296,000
Ally Bank F/K/A/ Gmac Bank
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 32,882,574,000 23 $ 2,457,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 20 $ 1,957,000
1st Community Bank
1803 SE 3RD ST PO BOX 147
ALEDO, IL 61231
* $ 49,906,000 19 $ 719,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 17 $ 2,012,000
Franklin American Mortgage Co
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 17 $ 1,754,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 17 $ 1,997,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ 39,000,000 16 $ 1,503,000
Boulevard Bank
111 E MAIN ST
NEOSHO, MO 64850
* $ 138,486,000 16 $ 1,050,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 15 $ 2,039,000
Citimortgage, Inc
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 14 $ 1,206,000
Country Bank
1308 SE 4TH ST PO BOX 9
ALEDO, IL 61231
* $ 164,478,000 13 $ 2,206,000
Bankorion
1114 4TH STREET
ORION, IL 61273
* $ 286,146,000 13 $ 1,514,000
Blackhawk Bank & Trust
301 4TH STREET WEST
MILAN, IL 61264
* $ 814,905,000 13 $ 632,000
United Community Bank
104 N MACOUPIN
CHATHAM, IL 62629
* $ 791,055,000 13 $ 1,438,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 13 $ 1,345,000
R.I.A. Federal Credit Union
PO BOX 4750
BETTENDORF, IA 52722
* $ 225,731,000 12 $ 925,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 21,270,147,000 12 $ 998,000
Quad City Bank and Trust
4500 NORTH BRADY STREET
DAVENPORT, IA 52806
* $ 910,799,000 11 $ 1,025,000
BNC National Bank

BISMARCK, ND 58501
* $ 861,403,000 10 $ 977,000
Suntrust Mortgage, Inc
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,098,787,000 10 $ 997,000
Ascentra Credit Union
PO BOX 1107
BETTENDORF, IA 52722
* $ 157,714,000 10 $ 724,000
Mwabank
1701 1ST AVENUE
ROCK ISLAND, IL 61201
* $ 208,407,000 9 $ 860,000
Guaranty Bank, FSB
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 1,629,217,000 9 $ 986,000
Shelter Mortgage Company, LLC
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 12,000,000 9 $ 986,000
Northwest Bank & Trust Company
100 E KIMBERLY RD
DAVENPORT, IA 52806
* $ 192,329,000 8 $ 1,173,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 69,459,606,000 8 $ 1,100,000
Citifinancial Services, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 7 $ 476,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 7 $ 598,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 32,584,979,000 6 $ 865,000
Associated Bank, N.A.
200 N ADAMS ST
GREEN BAY, WI 54301
* $ 23,843,152,000 5 $ 319,000
Dutrac Community Credit Union
P O BOX 3250
DUBUQUE, IA 52004
* $ 359,084,000 5 $ 810,000
Allied Home Mortgage Corp.
6110 PINEMONT DR., STE. 220
HOUSTON, TX 77092
* $ 10,000,000 5 $ 562,000
Shore Mortgage
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 4 $ 519,000
US Bank North Dakota
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 4,858,594,000 4 $ 676,000
Equifirst Corporation
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 279,777,049,000 4 $ 544,000
Midfirst Bank
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 14,649,039,000 4 $ 251,000
Nfcu
820 FOLLIN LANE
VIENNA, VA 22180
* $ 36,351,625,000 3 $ 190,000
State Farm Bank
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,669,297,000 3 $ 379,000
Affiliated Mortgage Company
1301 HUDSON LANE
MONROE, LA 71201
* $ 212,423,000 3 $ 473,000
Hfc Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 3 $ 346,000
Farmers & Mechanics Bank
21 E MAIN ST
GALESBURG, IL 61401
* $ 195,958,000 3 $ 231,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 8,489,275,000 3 $ 267,000
Capital One NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 115,142,306,000 3 $ 28,000
Taylor, Bean & Whitaker
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 3 $ 348,000
Qr Lending Inc
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 3 $ 314,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 3 $ 393,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 320,000
Heritage Credit Union
1212 HUXLEY STREET
MADISON, WI 53704
* $ 153,200,000 2 $ 190,000
1st Advantage Mortgage
701 E 22ND ST, STE 125
LOMBARD, IL 60148
* $ 10,000,000 2 $ 255,000
Allied Home Mtg Capital Corp
6110 PINEMONT DR., STE. 215
HOUSTON, TX 77092
* $ 10,000,000 2 $ 294,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 2 $ 111,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 823,318,000 2 $ 204,000
Rbs Citizens, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,725,957,000 2 $ 75,000
Everbank
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 7,047,356,000 2 $ 246,000
Union Federal Savings & Loan
104 N. TREMONT ST
KEWANEE, IL 61443
* $ 119,845,000 1 $ 168,000
First Federal Savings Bank Ia
825 CENTRAL AVENUE
FORT DODGE, IA 50501
* $ 473,803,000 1 $ 25,000
Everhome Mortgage Company
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 1 $ 73,000
Charles Schwab Bank
211 MAIN STREET
SAN FRANCISCO, CA 94105
* $ 25,365,108,000 1 $ 94,000
Onewest Bank, FSB
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 36,000,000,000 1 $ 211,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 14,157,838,000 1 $ 105,000
Wachovia Mortgage FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 69,166,325,000 1 $ 165,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 1 $ 65,000
First Central State Bank
914 6TH AVE
DE WITT, IA 52742
* $ 224,040,000 1 $ 173,000
Illini Bank
3200 W. ILES AVENUE
SPRINGFIELD, IL 62711
* $ 236,301,000 1 $ 91,000
Walcott Trust and Savings Bank
101 W BRYANT STREET
WALCOTT, IA 52773
* $ 77,022,000 1 $ 101,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 1,959,803,000 1 $ 72,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 1,494,972,000 1 $ 74,000
Homestar Bank and Financial Services
3 DIVERSATECH DR
MANTENO, IL 60950
* $ 464,199,000 1 $ 64,000
Merrill Lynch Credit Corp
4500 PARK GRANADA CA7-910-01-24
CALABASAS, CA 91302
* $ 2,223,299,000 1 $ 177,000
Buffalo Savings Bank
120 WASHINGTON STREET, P.O. BOX 489
BUFFALO, IA 52728
* $ 41,220,000 1 $ 156,000
M&T Bank
1 M&T PLAZA -15TH FLOOR
BUFFALO, NY 14203
* $ 64,824,244,000 1 $ 148,000
Brimfield Bank
123 E. KNOXVILLE STREET
BRIMFIELD, IL 61517
* $ 47,768,000 1 $ 78,000
Buffalo Prairie State Bank
20228 183RD AVE W
BUFFALO PRAIRIE, IL 61237
* $ 45,956,000 1 $ 54,000
Southeast National Bank
3535 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 129,623,000 1 $ 23,000
National Bank of St Anne
158 WEST STATION ST
ST ANNE, IL 60964
* $ 46,710,000 1 $ 110,000
American National Bank
8990 WEST DODGE RD
OMAHA, NE 68114
* $ 1,780,198,000 1 $ 118,000
Metlife Bank, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 10,273,647,000 1 $ 44,000
Capital One Home Loans, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 1 $ 56,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 140,777,455,000 1 $ 153,000
Amcore Bank, N.A.
501 SEVENTH ST
ROCKFORD, IL 61104
* $ 5,036,230,000 1 $ 54,000
Peoples National Bank, N.A.
520 S 42ND ST
MOUNT VERNON, IL 62864
* $ 796,873,000 1 $ 70,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 173,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 143,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 93,000
Bancgroup Mortgage Corporation
10400 SOUTH ROBERTS ROAD
PALOS HILLS, IL 60465
* $ 10,000,000 1 $ 95,000
Iowa Bankers Mortgage Corporat
8800 NW 62ND AVE PO BOX 6220
JOHNSTON, IA 50131
* $ 10,000,000 1 $ 270,000
Plaza Home Mortgage, Inc
5090 SHOREHAM PLACE, SUITE #206
SAN DIEGO, CA 92122
* $ 10,000,000 1 $ 67,000
Home Loan Center
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 1 $ 173,000
Mld Mortgage Inc.
30B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 10,000,000 1 $ 174,000
Gas & Electric Credit Union
2300 4TH AVE
ROCK ISLAND, IL 61201
* $ 43,477,000 1 $ 50,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ 543,280,000 1 $ 90,000
Mortgage Now, Inc.
1161 BROAD ST SUITE 212
SHREWSBURY, NJ 07702
* $ 10,000,000 1 $ 128,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ 603,000 1 $ 119,000
Tmg Real Estate & Financial
310 W. LIBERTY ST. STE 100
LOUISVILLE, KY 40202
* $ 292,000 1 $ 121,000

The tables below break down 2009 mortgage applications in Mercer 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 Mercer County, IL in 2009

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 751 $79,541,000 $105,000 $1,000,000 $62,000 $519,000
Home Purchase 364 $32,218,000 $88,000 $292,000 $54,000 $534,000
Home Improvement 112 $3,731,000 $33,000 $450,000 $59,000 $195,000

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 1,057 $98,100,000 $92,000 $464,000 $61,000 $519,000
Not applicable 90 $9,449,000 $104,000 $1,000,000 $28,000 $253,000
Not Provided 64 $6,233,000 $97,000 $270,000 $76,000 $534,000
Hispanic 13 $1,381,000 $106,000 $306,000 $56,000 $107,000
Asian 2 $277,000 $138,000 $167,000 $37,000 $39,000
American Indian or Alaskan Native 1 $50,000 $50,000 $50,000 $14,000 $14,000
Black or African American 0 $0 $0 $0 $0 $0
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) 869 $78,493,000 $90,000 $1,000,000 $65,000 $534,000
FHA-insured (Federal Housing Administration) 255 $27,193,000 $106,000 $276,000 $52,000 $519,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 64 $5,287,000 $82,000 $130,000 $25,000 $64,000
VA-guaranteed (Veterans Administration) 39 $4,517,000 $115,000 $306,000 $40,000 $189,000

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 651 $58,561,000 $89,000 $1,000,000 $64,000 $534,000
Loan Purchased By The Institution 205 $21,189,000 $103,000 $306,000 $47,000 $534,000
Application Denied By Financial Institution 183 $18,337,000 $100,000 $450,000 $59,000 $519,000
Application Withdrawn By Applicant 100 $9,788,000 $97,000 $271,000 $59,000 $235,000
Application Approved But Not Accepted 65 $4,936,000 $75,000 $220,000 $54,000 $127,000
File Closed For Incompleteness 23 $2,679,000 $116,000 $417,000 $59,000 $235,000
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 37 $4,756,000 $128,000 $366,000 $76,000 $233,000
Credit History 32 $2,079,000 $64,000 $219,000 $54,000 $122,000
Debt-To-Income Ratio 23 $3,059,000 $133,000 $450,000 $55,000 $132,000
Other 7 $672,000 $96,000 $204,000 $46,000 $62,000
Insufficient Cash (Downpayment, Closing Cost) 5 $858,000 $171,000 $420,000 $67,000 $114,000
Credit Application Incomplete 5 $482,000 $96,000 $135,000 $41,000 $58,000
Employment History 2 $230,000 $115,000 $157,000 $51,000 $52,000
Unverifiable Information 2 $255,000 $127,000 $173,000 $43,000 $54,000
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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