Mercer County, IL Mortgage Lenders & HMDA Data, 2012

In 2012, lenders reported 876 mortgage applications in Mercer County, IL totaling $85.8 million, up 7% from 2011. The average application was for $97,000, and applicants reported an average income of $69,000. 61% of applications resulted in an originated loan and 14% were denied. The most active lender was I H Mississippi Valley Credit Union, with 86 applications, followed by Wells Fargo Bank NA and Vibrant Credit Union.

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Total Number of Mortgage Applications 876
Total Mortgage Loan Application Amount $85,830,000
Average Mortgage Loan Application Amount $97,000
Highest Mortgage Loan Application Amount $1,494,000
Average Applicant Income $69,000
Highest Applicant Income $912,000

Mortgage Company List for Lending in Mercer County, IL for 2012

* 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
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 841,413,000 86 $ 6,577,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,161,490,000,000 80 $ 7,980,000
Vibrant Credit Union
1900 52ND AVE
MOLINE, IL 61265
* $ 443,750,000 73 $ 7,155,000
Farmers State Bank of Western Illinois
PO BOX 369
ALPHA, IL 61413
* $ 123,809,000 58 $ 4,012,000
Midwest Bank
200 EAST BROADWAY, P.O. BOX 440
MONMOUTH, IL 61462
* $ 417,673,000 55 $ 5,353,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 330,470,810,000 40 $ 4,709,000
Farmers-Merchants Bank of Illinois
P.O. BOX 217
JOY, IL 61260
* $ 44,705,000 35 $ 2,085,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,811,678,000,000 29 $ 2,462,000
1st Community Bank
1803 SE 3RD ST PO BOX 147
ALEDO, IL 61231
* $ 61,188,000 26 $ 1,725,000
Blackhawk Bank & Trust
301 4TH STREET WEST
MILAN, IL 61264
* $ 1,009,581,000 23 $ 1,468,000
Triumph Community Bank NA
2040 1ST STREET A
MOLINE, IL 61265
* $ 1,047,198,000 22 $ 2,384,000
Valley Bank
3455 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 616,985,000 21 $ 2,084,000
Ascentra Credit Union
PO BOX 1107
BETTENDORF, IA 52722
* $ 257,136,000 15 $ 1,811,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 14 $ 1,388,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,459,157,302,000 14 $ 1,658,000
American B&T C, N.A.
4301 E 53RD STREET
DAVENPORT, IA 52807
* $ 465,591,000 13 $ 1,891,000
R.I.A. Federal Credit Union
PO BOX 4750
BETTENDORF, IA 52722
* $ 333,732,000 13 $ 692,000
Bankorion
1114 4TH STREET
ORION, IL 61273
* $ 404,822,000 12 $ 2,404,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,997,931,000 12 $ 819,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ 10,000,000 12 $ 1,411,000
Guaranty Bank
501 W NORTHSHORE DR. SUITE 400
GLENDALE, WI 53217
* $ 1,163,507,000 11 $ 1,445,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 515,461,000 11 $ 1,179,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,288,658,000,000 10 $ 966,000
Andalusia Community Bank
601 8TH ST EAST/PO BOX 769
ANDALUSIA, IL 61232
* $ 54,344,000 7 $ 716,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 7 $ 807,000
United Community Bank
104 N MACOUPIN
CHATHAM, IL 62629
* $ 954,685,000 7 $ 947,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 85,381,954,000 6 $ 1,200,000
Stillman Banccorp NA
101 E. MAIN STREET P.O. BOX 150
STILLMAN VALLEY, IL 61084
* $ 415,949,000 5 $ 323,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 5 $ 456,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,736,579,000 5 $ 423,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 168,867,640,000 5 $ 654,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 5 $ 403,000
Iaa Credit Union
808 IAA DRIVE
BLOOMINGTON, IL 61701
* $ 175,556,000 4 $ 391,000
Illini Bank
3200 W. ILES AVENUE
SPRINGFIELD, IL 62711
* $ 257,112,000 4 $ 784,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ 603,000 4 $ 412,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 4 $ 556,000
BNC National Bank

BISMARCK, ND 58501
* $ 662,437,000 4 $ 504,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 3 $ 283,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 978,405,000 3 $ 198,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 114,540,379,000 3 $ 717,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 3 $ 352,000
American Portfolio Mortgage Corporation
800 EAST NORTHWEST HIGHWAY
PALATINE, IL 60067
* $ 9,427,000 3 $ 381,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 278,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 3 $ 362,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 3 $ 541,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,623,469,000 3 $ 472,000
First Central State Bank
914 6TH AVE
DE WITT, IA 52742
* $ 268,736,000 3 $ 648,000
Quad City Bank and Trust
4500 NORTH BRADY STREET
DAVENPORT, IA 52806
* $ 1,122,692,000 3 $ 444,000
Dutrac Community Credit Union
P O BOX 3250
DUBUQUE, IA 52004
* $ 514,639,000 3 $ 240,000
First Trust & Savings Bank of Albany, Illinois
209 SOUTH MAIN STREET
ALBANY, IL 61230
* $ 164,082,000 2 $ 112,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 1,676,440,000 2 $ 343,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 46,925,466,000 2 $ 100,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 52,181,685,000 2 $ 280,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 2 $ 261,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 21,715,012,000 2 $ 142,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 148,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 2 $ 217,000
Securitynational Mortgage Company
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ 10,000,000 2 $ 180,000
Residential Finance Corporatio
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 2 $ 372,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 151,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 2 $ 342,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,291,705,000 2 $ 154,000
Peoples National Bank of Kewanee
207 N TREMONT ST
KEWANEE, IL 61443
* $ 251,987,000 2 $ 207,000
First Mid Bank and Trust, NA
1515 CHARLESTON AVE, PO BOX 499
MATTOON, IL 61938
* $ 1,492,752,000 2 $ 68,000
Union Federal Savings and Loan
104 N TREMONT ST
KEWANEE, IL 61443
* $ 122,071,000 2 $ 71,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 195,395,000 2 $ 37,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 72,848,000 2 $ 646,000
Farmers & Mechanics Bank
21 E MAIN ST
GALESBURG, IL 61401
* $ 221,487,000 2 $ 98,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 7,848,012,000 2 $ 195,000
Shelter Mortgage Company, LLC
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 1,270,503,000 1 $ 67,000
Independent Bankers Bank of Fl
615 CRESCENT EXECUTIVE COURT, SUITE 400
LAKE MARY, FL 32746
* $ 247,217,000 1 $ 67,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 4,664,742,000 1 $ 147,000
Northwest Bank & Trust Company
100 E KIMBERLY RD
DAVENPORT, IA 52806
* $ 206,617,000 1 $ 115,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 4,479,945,000 1 $ 142,000
Home Federal Savings Bank
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 790,137,000 1 $ 107,000
Citizens Financial Bank
5311 HOHMAN AVENUE
HAMMOND, IN 46320
* $ 1,149,785,000 1 $ 169,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,790,194,000 1 $ 83,000
Boulevard Bank
111 E.MAIN STREET
NEOSHO, MO 64850
* $ 161,402,000 1 $ 7,000
Southeast National Bank
3535 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 139,026,000 1 $ 41,000
First National Bank
3717 N BRADY STREET
DAVENPORT, IA 52806
* $ 67,411,000 1 $ 9,000
Affiliated Mortgage Company
5700 LEGACY DRIVE STE 10
PLANO, TX 75024
* $ 212,423,000 1 $ 60,000
Inland Home Mortgage Company
2225 S WOLF ROAD
HILLSIDE, IL 60162
* $ 1,135,000,000 1 $ 118,000
First National Bank of Chillic
PO BOX 339
CHILLICOTHE, IL 61523
* $ 68,684,000 1 $ 139,000
Farmers National Bank
114 W THIRD ST
PROPHETSTOWN, IL 61277
* $ 458,622,000 1 $ 80,000
American Fidelity Mortgage Services, Inc.

WHEATON, IL 60189
* $ 10,000,000 1 $ 137,000
Chicago Bancorp
300 N ELIZABETH STREET STUITE 3E
CHICAGO, IL 60607
* $ 10,000,000 1 $ 148,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 1 $ 67,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ 10,000,000 1 $ 129,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 129,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 136,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 82,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 1 $ 69,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 172,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 263,309,559,000 1 $ 61,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 13,039,950,000 1 $ 99,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 123,368,203,000 1 $ 141,000
Blue Grass Savings Bank
104 E. MAYNE PO BOX 248
BLUE GRASS, IA 52726
* $ 177,979,000 1 $ 160,000
Central Bank Illinois
101 N STATE ST
GENESEO, IL 61254
* $ 404,737,000 1 $ 146,000
Goodfield State Bank
201 S EUREKA STREET
GOODFIELD, IL 61742
* $ 70,023,000 1 $ 99,000
Crescent Mortgage Company
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 826,484,000 1 $ 64,000
The Family Credit Union
1530 W 53RD STREET
DAVENPORT, IA 52806
* $ 113,947,000 1 $ 205,000
Heritage Credit Union
1212 HUXLEY STREET
MADISON, WI 53704
* $ 219,503,000 1 $ 22,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ 10,000,000 1 $ 180,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 1 $ 86,000
Cuso Mortgage, Inc.
5601 E LA PALMA AVENUE
ANAHEIM, CA 92807
* $ 10,000,000 1 $ 121,000

The tables below break down 2012 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 2012

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 539 $57,993,000 $107,000 $421,000 $75,000 $723,000
Home Purchase 255 $24,878,000 $97,000 $1,494,000 $57,000 $912,000
Home Improvement 82 $2,959,000 $36,000 $213,000 $66,000 $254,000

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 749 $73,001,000 $97,000 $1,494,000 $73,000 $912,000
Not applicable 71 $7,375,000 $103,000 $332,000 $20,000 $300,000
Not Provided 42 $4,051,000 $96,000 $230,000 $77,000 $300,000
Hispanic 8 $802,000 $100,000 $174,000 $74,000 $102,000
Asian 3 $391,000 $130,000 $169,000 $46,000 $115,000
Black or African American 1 $6,000 $6,000 $6,000 $20,000 $20,000
Native Hawaiian or Other Pacific Islander 1 $149,000 $149,000 $149,000 $50,000 $50,000
American Indian or Alaskan Native 1 $55,000 $55,000 $55,000 $66,000 $66,000

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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 695 $67,287,000 $96,000 $1,494,000 $77,000 $912,000
FHA-insured (Federal Housing Administration) 90 $9,119,000 $101,000 $188,000 $42,000 $141,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 53 $4,459,000 $84,000 $139,000 $33,000 $75,000
VA-guaranteed (Veterans Administration) 38 $4,965,000 $130,000 $347,000 $38,000 $117,000

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 531 $52,072,000 $98,000 $1,494,000 $75,000 $912,000
Application Denied By Financial Institution 122 $10,522,000 $86,000 $404,000 $52,000 $165,000
Loan Purchased By The Institution 104 $12,176,000 $117,000 $345,000 $50,000 $550,000
Application Withdrawn By Applicant 73 $7,018,000 $96,000 $299,000 $73,000 $444,000
Application Approved But Not Accepted 26 $2,295,000 $88,000 $347,000 $75,000 $223,000
File Closed For Incompleteness 16 $1,320,000 $82,000 $225,000 $71,000 $186,000
Preapproval Approved but not Accepted 2 $284,000 $142,000 $200,000 $114,000 $135,000
Preapproval Denied by Financial Institution 2 $143,000 $71,000 $75,000 $57,000 $82,000

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
Credit History 38 $2,975,000 $78,000 $277,000 $53,000 $116,000
Collateral 16 $1,595,000 $99,000 $205,000 $78,000 $165,000
Credit Application Incomplete 11 $1,012,000 $92,000 $140,000 $56,000 $90,000
Debt-To-Income Ratio 9 $1,171,000 $130,000 $404,000 $48,000 $94,000
Employment History 5 $399,000 $79,000 $129,000 $42,000 $75,000
Other 5 $327,000 $65,000 $190,000 $44,000 $54,000
Unverifiable Information 2 $195,000 $97,000 $120,000 $80,000 $160,000
Insufficient Cash (Downpayment, Closing Cost) 2 $135,000 $67,000 $75,000 $25,000 $33,000
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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