Arcola Homestead Savings Bank
Mortgage Loan Application
Totals and Details
for 2009
Find mortgage loan statistics, lending data, and loan application totals for Illinois.
The mortgage statistics and data below are specific to mortgage loan applications for Arcola Homestead Savings Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| Mortgage Company & Address | Arcola Homestead Savings Bank 110 N. Oak St. P. O. Box 98 Arcola, IL 61910 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2009 |
| Total Number of Mortgage Applications | 90 |
| Total Mortgage Loan Application Amount | $17,771,000 |
| Average Mortgage Loan Application Amount | $195,500 |
| Highest Mortgage Loan Application Amount | $910,000 |
| Average Applicant Income | $71,500 |
| Highest Applicant Income | $381,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in IL, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cook County Illinois | 13 | $ 3,301,000 | $ 253,000 | $ 84,000 |
| Wayne County Michigan | 11 | $ 734,000 | $ 66,000 | $ 48,000 |
| Ocean County New Jersey | 6 | $ 1,481,000 | $ 246,000 | $ 78,000 |
| Oakland County Michigan | 4 | $ 493,000 | $ 123,000 | $ 49,000 |
| Fulton County Georgia | 3 | $ 859,000 | $ 286,000 | $ 112,000 |
| Gwinnett County Georgia | 3 | $ 390,000 | $ 130,000 | $ 52,000 |
| Broward County Florida | 2 | $ 354,000 | $ 177,000 | $ 57,000 |
| Cobb County Georgia | 2 | $ 401,000 | $ 200,000 | $ 69,000 |
| DeKalb County Georgia | 2 | $ 330,000 | $ 165,000 | $ 52,000 |
| McLean County Illinois | 2 | $ 209,000 | $ 104,000 | $ 31,000 |
| Macomb County Michigan | 2 | $ 326,000 | $ 163,000 | $ 44,000 |
| Monmouth County New Jersey | 2 | $ 544,000 | $ 272,000 | $ 87,000 |
| Kings County New York | 2 | $ 1,114,000 | $ 557,000 | $ 97,000 |
| Harris County Texas | 2 | $ 254,000 | $ 127,000 | $ 58,000 |
| Tulare County California | 1 | $ 162,000 | $ 162,000 | $ 90,000 |
| Duval County Florida | 1 | $ 120,000 | $ 120,000 | $ 38,000 |
| Escambia County Florida | 1 | $ 75,000 | $ 75,000 | $ 43,000 |
| Lee County Florida | 1 | $ 107,000 | $ 107,000 | $ 43,000 |
| Miami-Dade County Florida | 1 | $ 312,000 | $ 312,000 | $ 96,000 |
| Monroe County Florida | 1 | $ 279,000 | $ 279,000 | $ 96,000 |
| St. Johns County Florida | 1 | $ 471,000 | $ 471,000 | $ 38,000 |
| Carroll County Georgia | 1 | $ 110,000 | $ 110,000 | $ 30,000 |
| Charlton County Georgia | 1 | $ 81,000 | $ 81,000 | $ 32,000 |
| Cherokee County Georgia | 1 | $ 167,000 | $ 167,000 | $ 48,000 |
| Hall County Georgia | 1 | $ 197,000 | $ 197,000 | $ 64,000 |
| Henry County Georgia | 1 | $ 160,000 | $ 160,000 | $ 48,000 |
| Houston County Georgia | 1 | $ 415,000 | $ 415,000 | $ 188,000 |
| Champaign County Illinois | 1 | $ 215,000 | $ 215,000 | $ 71,000 |
| Lake County Illinois | 1 | $ 380,000 | $ 380,000 | $ 136,000 |
| Tazewell County Illinois | 1 | $ 221,000 | $ 221,000 | $ 58,000 |
| Whiteside County Illinois | 1 | $ 56,000 | $ 56,000 | $ 12,000 |
| Will County Illinois | 1 | $ 210,000 | $ 210,000 | $ 90,000 |
| Wicomico County Maryland | 1 | $ 249,000 | $ 249,000 | $ 118,000 |
| Allegan County Michigan | 1 | $ 417,000 | $ 417,000 | $ 381,000 |
| Ottawa County Michigan | 1 | $ 101,000 | $ 101,000 | $ 30,000 |
| Sussex County New Jersey | 1 | $ 122,000 | $ 122,000 | $ 42,000 |
| Davidson County North Carolina | 1 | $ 110,000 | $ 110,000 | $ 92,000 |
| Carroll County Ohio | 1 | $ 196,000 | $ 196,000 | $ 66,000 |
| Montgomery County Ohio | 1 | $ 162,000 | $ 162,000 | $ 72,000 |
| Allegheny County Pennsylvania | 1 | $ 140,000 | $ 140,000 | $ 89,000 |
| Dauphin County Pennsylvania | 1 | $ 158,000 | $ 158,000 | $ 73,000 |
| Dorchester County South Carolina | 1 | $ 103,000 | $ 103,000 | $ 30,000 |
| Lexington County South Carolina | 1 | $ 413,000 | $ 413,000 | $ 77,000 |
| Brazoria County Texas | 1 | $ 197,000 | $ 197,000 | $ 42,000 |
| Collin County Texas | 1 | $ 367,000 | $ 367,000 | $ 117,000 |
| Fort Bend County Texas | 1 | $ 169,000 | $ 169,000 | $ 48,000 |
| Starr County Texas | 1 | $ 149,000 | $ 149,000 | $ 87,000 |
| Tarrant County Texas | 1 | $ 190,000 | $ 190,000 | $ 102,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Illinois,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Arcola Homestead Savings Bank 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 | 50 | $10,452,000 | $209,000 | $910,000 | $71,000 | $188,000 |
| Home Purchase | 40 | $7,319,000 | $182,000 | $417,000 | $72,000 | $381,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $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 | 41 | $9,248,000 | $225,000 | $910,000 | $82,000 | $381,000 |
| Black or African American | 22 | $2,790,000 | $126,000 | $339,000 | $55,000 | $118,000 |
| Not Provided | 20 | $3,897,000 | $194,000 | $471,000 | $61,000 | $117,000 |
| Hispanic | 4 | $877,000 | $219,000 | $349,000 | $72,000 | $134,000 |
| Asian | 2 | $544,000 | $272,000 | $295,000 | $89,000 | $118,000 |
| American Indian or Alaskan Native | 1 | $415,000 | $415,000 | $415,000 | $188,000 | $188,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 50 | $7,465,000 | $149,000 | $411,000 | $57,000 | $134,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 35 | $9,244,000 | $264,000 | $910,000 | $92,000 | $381,000 |
| VA-guaranteed (Veterans Administration) | 5 | $1,062,000 | $212,000 | $358,000 | $72,000 | $126,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|---|
| Application Withdrawn By Applicant | 34 | $6,054,000 | $178,000 | $471,000 | $73,000 | $381,000 |
| Loan Originated | 25 | $5,214,000 | $208,000 | $411,000 | $74,000 | $145,000 |
| Application Denied By Financial Institution | 16 | $3,728,000 | $233,000 | $910,000 | $75,000 | $148,000 |
| File Closed For Incompleteness | 15 | $2,775,000 | $185,000 | $380,000 | $58,000 | $136,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 3 | $289,000 | $96,000 | $159,000 | $56,000 | $118,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $468,000 | $234,000 | $296,000 | $51,000 | $58,000 |
| Mortgage Insurance Denied | 2 | $401,000 | $200,000 | $333,000 | $92,000 | $148,000 |
| Other | 2 | $1,268,000 | $634,000 | $910,000 | $123,000 | $130,000 |
| Unverifiable Information | 2 | $628,000 | $314,000 | $349,000 | $115,000 | $134,000 |
| Credit History | 2 | $259,000 | $129,000 | $158,000 | $51,000 | $73,000 |
| Employment History | 1 | $69,000 | $69,000 | $69,000 | $39,000 | $39,000 |
| Collateral | 1 | $204,000 | $204,000 | $204,000 | $64,000 | $64,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in IL, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Illinois, and search similar information at your convenience.