Mercer County, IL Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 743 mortgage applications in Mercer County, IL totaling $78.8 million, up 6% from 2015. The average application was for $106,000, and applicants reported an average income of $66,000. 56% of applications resulted in an originated loan and 18% were denied. The most active lender was I H Mississippi Valley Credit Union, with 62 applications, followed by Farmers-Merchants Bank of Illinois and Wells Fargo Bank NA.

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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 743
Total Mortgage Loan Application Amount $78,761,000
Average Mortgage Loan Application Amount $106,000
Highest Mortgage Loan Application Amount $1,399,000
Average Applicant Income $66,000
Highest Applicant Income $1,000,000

Mortgage Company List for Lending in Mercer County, IL for 2016

* 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
* $ 961,929,000 62 $ 5,858,000
Farmers-Merchants Bank of Illinois
P.O. BOX 217
JOY, IL 61260
* $ 45,642,000 44 $ 2,367,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,610,580,000,000 43 $ 4,698,000
Farmers State Bank of Western Illinois
PO BOX 369
ALPHA, IL 61413
* $ 129,235,000 35 $ 3,052,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 34 $ 3,750,000
Midwest Bank
200 EAST BROADWAY, P.O. BOX 440
MONMOUTH, IL 61462
* $ 445,513,000 31 $ 2,941,000
Vibrant Credit Union
1900 52ND AVE
MOLINE, IL 61265
* $ 551,457,000 30 $ 3,421,000
Blackhawk Bank & Trust
301 4TH STREET WEST
MILAN, IL 61264
* $ 1,193,392,000 29 $ 3,258,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 24 $ 1,969,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 20 $ 2,670,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 784,567,000 19 $ 2,061,000
Bankorion
1114 4TH STREET
ORION, IL 61273
* $ 422,467,000 19 $ 3,365,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 18 $ 1,567,000
Community Banc Mortgage Corp
301 N MAIN
CHATHAM, IL 62629
* $ 1,003,316,000 16 $ 1,470,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 15 $ 1,877,000
Ascentra Credit Union
PO BOX 1107
BETTENDORF, IA 52722
* $ 369,222,000 12 $ 1,388,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 12 $ 1,371,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 11 $ 1,615,000
American B&T C, N.A.
4301 E 53RD STREET
DAVENPORT, IA 52807
* $ 328,575,000 11 $ 1,491,000
Ruhl Mortgage LLC
1701 52ND AVENUE
MOLINE, IL 61265
* $ 8,000,000 10 $ 1,913,000
Cbi Bank & Trust
301 IOWA AVE
MUSCATINE, IA 52761
* $ 490,505,000 10 $ 873,000
Inland Bank & Trust
1900 W STATE ST
GENEVA, IL 60134
* $ 1,073,879,000 10 $ 786,000
Illinois Bank & Trust
6855 E RIVERSIDE BLVD
ROCKFORD, IL 61114
* $ 759,333,000 9 $ 103,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 9,622,999,000 8 $ 457,000
Perl Mortgage, Inc.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ 11,000,000 8 $ 1,280,000
R.I.A. Federal Credit Union
PO BOX 4750
BETTENDORF, IA 52722
* $ 370,737,000 7 $ 256,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 7 $ 1,131,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 6 $ 944,000
1st Community Bank
1803 SE 3RD ST PO BOX 147
ALEDO, IL 61231
* $ 72,920,000 6 $ 751,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 6 $ 605,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 6 $ 573,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 5 $ 977,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 5 $ 373,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 4 $ 520,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 175,672,000 4 $ 315,000
Central Bank Illinois
101 N STATE ST
GENESEO, IL 61254
* $ 534,966,000 4 $ 249,000
Mwabank
100 17TH STREET
ROCK ISLAND, IL 61201
* $ 267,381,000 4 $ 243,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 4 $ 573,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 4 $ 755,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,949,868,000 4 $ 502,000
Southeast National Bank
3535 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 194,459,000 4 $ 369,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 4 $ 387,000
BNC National Bank

BISMARCK, ND 58501
* $ 903,318,000 3 $ 419,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 4,654,173,000 3 $ 327,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 399,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 3 $ 262,000
Dutrac Community Credit Union
P O BOX 3250
DUBUQUE, IA 52004
* $ 623,440,000 3 $ 325,000
Cuso Mortgage, Inc.
5601 E LA PALMA AVENUE
ANAHEIM, CA 92807
* $ 10,000,000 3 $ 325,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 3 $ 281,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 3 $ 320,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 27,567,209,000 2 $ 104,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 2 $ 151,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,299,801,000,000 2 $ 178,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 2 $ 257,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 2 $ 197,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 2 $ 139,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 2 $ 179,000
Farmers & Mechanics Bank
21 E MAIN ST
GALESBURG, IL 61401
* $ 297,156,000 2 $ 136,000
Alpine Bank & Trust Co.
1700 N ALPINE RD
ROCKFORD, IL 61107
* $ 1,207,307,000 2 $ 174,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 2 $ 302,000
Northwest Bank & Trust Company
100 E KIMBERLY ROAD
DAVENPORT, IA 52806
* $ 185,247,000 2 $ 103,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 2 $ 62,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 444,244,000 2 $ 53,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 2 $ 254,000
Hometown Equity Mortgage, LLC
25531 COMMERCENTRE DRIVE SUITE 250
LAKE FOREST, CA 92630
* $ 4,713,000 2 $ 148,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ 331,968,000 2 $ 199,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,077,735,000 2 $ 462,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 1 $ 227,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ 4,028,990,000 1 $ 81,000
First Mid Bank and Trust, NA
1515 CHARLESTON AVE, PO BOX 499
MATTOON, IL 61938
* $ 2,105,732,000 1 $ 57,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 1 $ 202,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 1 $ 81,000
Gsf Mortgage Corp
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ 10,000,000 1 $ 158,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 1 $ 2,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 1 $ 68,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 138,620,635,000 1 $ 94,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 1 $ 78,000
Heritage Credit Union
1212 HUXLEY STREET
MADISON, WI 53704
* $ 291,633,000 1 $ 70,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 5,297,355,000 1 $ 127,000
Members Choice Credit Union
3919 N UNIVERSITY
PEORIA, IL 61614
* $ 113,128,000 1 $ 15,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 2,952,894,000 1 $ 148,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 1,720,318,000 1 $ 220,000
Dubuque Bank and Trust Company
1398 CENTRAL AVENUE
DUBUQUE, IA 52001
* $ 1,617,322,000 1 $ 137,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 1 $ 227,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 137,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ 10,000,000 1 $ 71,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 106,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 81,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 69,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 3,195,095,000 1 $ 239,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 107,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 88,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 324,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 1 $ 49,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 109,000
Consumer Loan Services, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 1 $ 31,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 230,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 318,361,000 1 $ 106,000
Peoples National Bank of Kewanee
207 N TREMONT ST
KEWANEE, IL 61443
* $ 254,478,000 1 $ 175,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 31,272,894,000 1 $ 148,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 1 $ 8,000
First Central State Bank
914 6TH AVE
DE WITT, IA 52742
* $ 354,572,000 1 $ 417,000
Illini Bank
3200 W. ILES AVENUE
SPRINGFIELD, IL 62711
* $ 284,800,000 1 $ 86,000

The tables below break down 2016 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 2016

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 354 $45,222,000 $127,000 $1,399,000 $70,000 $1,000,000
Home Purchase 308 $30,474,000 $98,000 $294,000 $60,000 $802,000
Home Improvement 81 $3,065,000 $37,000 $157,000 $71,000 $289,000

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 619 $64,692,000 $104,000 $1,399,000 $73,000 $1,000,000
Not applicable 63 $7,721,000 $122,000 $293,000 $8,000 $106,000
Not Provided 49 $4,499,000 $91,000 $293,000 $56,000 $174,000
Hispanic 5 $739,000 $147,000 $285,000 $56,000 $103,000
Asian 3 $652,000 $217,000 $293,000 $65,000 $143,000
Native Hawaiin or Other Pacific Islander 2 $189,000 $94,000 $109,000 $34,000 $67,000
American Indian or Alaskan Native 2 $269,000 $134,000 $197,000 $53,000 $57,000
Black or African American 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) 539 $54,200,000 $100,000 $923,000 $73,000 $1,000,000
FHA-insured (Federal Housing Administration) 103 $12,111,000 $117,000 $342,000 $55,000 $802,000
VA-guaranteed (Veterans Administration) 51 $6,856,000 $134,000 $324,000 $45,000 $171,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 50 $5,594,000 $111,000 $1,399,000 $38,000 $206,000

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 418 $45,652,000 $109,000 $1,399,000 $74,000 $1,000,000
Application Denied By Financial Institution 133 $11,402,000 $85,000 $342,000 $66,000 $802,000
Application Withdrawn By Applicant 77 $8,241,000 $107,000 $324,000 $63,000 $160,000
Loan Purchased By The Institution 74 $9,390,000 $126,000 $293,000 $24,000 $119,000
File Closed For Incompleteness 22 $2,597,000 $118,000 $293,000 $65,000 $175,000
Application Approved But Not Accepted 19 $1,479,000 $77,000 $230,000 $75,000 $150,000
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
Credit History 32 $1,824,000 $57,000 $162,000 $52,000 $135,000
Collateral 17 $1,842,000 $108,000 $297,000 $73,000 $174,000
Debt-To-Income Ratio 13 $1,402,000 $107,000 $264,000 $51,000 $120,000
Credit Application Incomplete 11 $1,272,000 $115,000 $240,000 $98,000 $289,000
Employment History 3 $211,000 $70,000 $86,000 $44,000 $79,000
Insufficient Cash (Downpayment, Closing Cost) 3 $277,000 $92,000 $137,000 $56,000 $66,000
Other 2 $163,000 $81,000 $132,000 $426,000 $802,000
Unverifiable Information 1 $205,000 $205,000 $205,000 $79,000 $79,000
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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