Springfield, IL Metro Area Mortgage Lenders & HMDA Data, 2017
In 2017, lenders reported 8,278 mortgage applications in Springfield, IL metro area totaling $1.0 billion, down 15% from 2016. The average application was for $126,556, and applicants reported an average income of $78,000. 65% of applications resulted in an originated loan and 12% were denied. The most active lender was Marine Bank, with 615 applications, followed by Bank of Springfield and United Community Bank.
Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics
for all lenders based in Illinois.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed
about local mortgage trends and lending activity.
| 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 | 8,278 |
| Total Mortgage Loan Application Amount | $1,047,636,000 |
| Average Mortgage Loan Application Amount | $126,556 |
| Highest Mortgage Loan Application Amount | $3,725,000 |
| Average Applicant Income | $78,000 |
| Highest Applicant Income | $8,013,000 |
Top Mortgage Lenders in Springfield, IL Metro Area (2017)
Ranked by the number of mortgage applications each lender reported in Springfield, IL metro area in 2017.
| # | Mortgage Lender | Mortgage Applications | Total Dollar Amount | Average Loan Amount | Average Applicant Income |
|---|---|---|---|---|---|
| 1 | Marine Bank Springfield, IL |
615 | $73,663,000 | $119,000 | $87,000 |
| 2 | Bank of Springfield Springfield, IL |
615 | $95,267,000 | $154,000 | $115,000 |
| 3 | United Community Bank Chatham, IL |
599 | $74,852,000 | $124,000 | $90,000 |
| 4 | Inb, National Association Springfield, IL |
450 | $60,885,000 | $135,000 | $84,000 |
| 5 | Diamond Residential Mtg Corp Lake Forest, IL |
439 | $59,597,000 | $135,000 | $71,000 |
| 6 | US Bank, N.A. Cincinnati, OH |
418 | $56,955,000 | $136,000 | $51,000 |
| 7 | PNC Bank N.A. Pittsburgh, PA |
295 | $24,373,000 | $82,000 | $75,000 |
| 8 | Heartland Credi T Union Springfeild, IL |
294 | $30,590,000 | $104,000 | $86,000 |
| 9 | Town & Country Banc Mortgage Services, Inc. Springfield, IL |
292 | $38,380,000 | $131,000 | $78,000 |
| 10 | Wells Fargo Bank NA Minneapolis, MN |
258 | $38,726,000 | $150,000 | $74,000 |
See every lender active in Springfield, IL metro area in 2017 »
The tables below break down 2017 mortgage applications in Springfield, IL metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.
Mortgage Loan Application Detail Totals for Springfield, IL in 2017
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 | 4,537 | $620,738,000 | $136,000 | $3,725,000 | $75,000 | $1,552,000 |
| Refinancing | 2,745 | $369,889,000 | $134,000 | $3,403,000 | $81,000 | $8,013,000 |
| Home Improvement | 996 | $57,009,000 | $57,000 | $1,800,000 | $79,000 | $1,001,000 |
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 | 6,235 | $774,661,000 | $124,000 | $1,800,000 | $87,000 | $8,013,000 |
| Not applicable | 932 | $143,081,000 | $153,000 | $3,725,000 | $3,000 | $311,000 |
| Not Provided | 527 | $64,360,000 | $122,000 | $750,000 | $84,000 | $659,000 |
| Black or African American | 330 | $29,616,000 | $89,000 | $500,000 | $70,000 | $1,259,000 |
| Asian | 123 | $22,135,000 | $179,000 | $760,000 | $149,000 | $819,000 |
| Hispanic | 89 | $9,735,000 | $109,000 | $404,000 | $71,000 | $382,000 |
| American Indian or Alaskan Native | 27 | $2,033,000 | $75,000 | $188,000 | $63,000 | $148,000 |
| Native Hawaiian or Other Pacific Islander | 15 | $2,015,000 | $134,000 | $232,000 | $84,000 | $250,000 |
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) | 5,751 | $702,729,000 | $122,000 | $3,725,000 | $89,000 | $1,552,000 |
| FHA-insured (Federal Housing Administration) | 1,358 | $159,225,000 | $117,000 | $280,000 | $48,000 | $8,013,000 |
| VA-guaranteed (Veterans Administration) | 872 | $151,501,000 | $173,000 | $553,000 | $62,000 | $420,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 297 | $34,181,000 | $115,000 | $241,000 | $32,000 | $123,000 |
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 | 5,398 | $700,262,000 | $129,000 | $3,725,000 | $87,000 | $1,552,000 |
| Application Denied By Financial Institution | 961 | $92,631,000 | $96,000 | $1,600,000 | $75,000 | $8,013,000 |
| Loan Purchased By The Institution | 885 | $118,012,000 | $133,000 | $800,000 | $19,000 | $326,000 |
| Application Withdrawn By Applicant | 603 | $82,444,000 | $136,000 | $890,000 | $81,000 | $1,080,000 |
| Application Approved But Not Accepted | 279 | $36,199,000 | $129,000 | $424,000 | $96,000 | $644,000 |
| File Closed For Incompleteness | 152 | $18,088,000 | $119,000 | $455,000 | $66,000 | $500,000 |
| 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 | 227 | $13,795,000 | $60,000 | $560,000 | $76,000 | $876,000 |
| Debt-To-Income Ratio | 135 | $14,418,000 | $106,000 | $1,600,000 | $54,000 | $178,000 |
| Collateral | 106 | $12,190,000 | $115,000 | $830,000 | $79,000 | $1,001,000 |
| Credit Application Incomplete | 63 | $7,745,000 | $122,000 | $414,000 | $65,000 | $169,000 |
| Other | 27 | $3,905,000 | $144,000 | $1,275,000 | $60,000 | $239,000 |
| Employment History | 12 | $1,435,000 | $119,000 | $289,000 | $56,000 | $160,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 11 | $1,959,000 | $178,000 | $424,000 | $93,000 | $350,000 |
| Unverifiable Information | 11 | $902,000 | $82,000 | $150,000 | $91,000 | $278,000 |
| 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.
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