Fay Servicing, Llc
Mortgage Loan Application
Totals and Details
for 2015

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 Fay Servicing, Llc.
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 Fay Servicing, Llc
400 S. La Salle Street, Ste 2000
Chicago, IL 60605
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  
Total Number of Mortgage Applications 390
Total Mortgage Loan Application Amount $90,053,000
Average Mortgage Loan Application Amount $237,000
Highest Mortgage Loan Application Amount $1,750,000
Average Applicant Income $91,666
Highest Applicant Income $459,000

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.

Mortgage Loan Application Totals for Fay Servicing, Llc by Metropolitan Area in 2015

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL 103 $ 20,622,000 $ 200,000 $ 88,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 21 $ 9,774,000 $ 465,000 $ 107,000
ELGIN, IL 18 $ 3,726,000 $ 207,000 $ 100,000
DALLAS-PLANO-IRVING, TX 16 $ 2,158,000 $ 134,000 $ 60,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 15 $ 2,215,000 $ 147,000 $ 76,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 10 $ 3,511,000 $ 351,000 $ 107,000
FORT WORTH-ARLINGTON, TX 9 $ 1,883,000 $ 209,000 $ 91,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 9 $ 2,013,000 $ 223,000 $ 96,000
OAKLAND-HAYWARD-BERKELEY, CA 9 $ 4,850,000 $ 538,000 $ 156,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 7 $ 1,826,000 $ 260,000 $ 129,000
MIAMI-MIAMI BEACH-KENDALL, FL 7 $ 1,291,000 $ 184,000 $ 83,000
ORLANDO-KISSIMMEE-SANFORD, FL 7 $ 1,176,000 $ 168,000 $ 65,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 6 $ 1,662,000 $ 277,000 $ 69,000
SAN DIEGO-CARLSBAD, CA 5 $ 3,242,000 $ 648,000 $ 168,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 5 $ 1,903,000 $ 384,500 $ 124,000
ANAHEIM-SANTA ANA-IRVINE, CA 4 $ 1,628,000 $ 407,000 $ 237,000
BALTIMORE-COLUMBIA-TOWSON, MD 4 $ 1,273,000 $ 318,000 $ 163,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 4 $ 1,096,000 $ 274,000 $ 105,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 4 $ 943,000 $ 235,000 $ 118,000
SEATTLE-BELLEVUE-EVERETT, WA 4 $ 800,000 $ 200,000 $ 49,000
STOCKTON-LODI, CA 4 $ 989,000 $ 247,000 $ 78,000
VALLEJO-FAIRFIELD, CA 4 $ 1,079,000 $ 269,000 $ 112,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 4 $ 1,213,000 $ 303,000 $ 108,000
CINCINNATI, OH-KY-IN 3 $ 495,000 $ 165,000 $ 81,000
FORT WAYNE, IN 3 $ 376,000 $ 125,000 $ 54,000
MADISON, WI 3 $ 446,000 $ 148,000 $ 50,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 3 $ 712,000 $ 237,000 $ 78,000
SALINAS, CA 3 $ 1,016,000 $ 338,000 $ 79,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 3 $ 666,000 $ 222,000 $ 108,000
BAKERSFIELD, CA 2 $ 537,000 $ 268,000 $ 141,000
CLEVELAND-ELYRIA, OH 2 $ 172,000 $ 86,000 $ 47,000
FRESNO, CA 2 $ 699,000 $ 349,000 $ 138,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 2 $ 360,000 $ 180,000 $ 53,000
RACINE, WI 2 $ 205,000 $ 102,000 $ 37,000
ROCHESTER, MN 2 $ 328,000 $ 164,000 $ 43,000
ABILENE, TX 1 $ 109,000 $ 109,000 $ 107,000
AKRON, OH 1 $ 216,000 $ 216,000 $ 120,000
ALBUQUERQUE, NM 1 $ 74,000 $ 74,000 $ 63,000
APPLETON, WI 1 $ 88,000 $ 88,000 $ 26,000
AUSTIN-ROUND ROCK, TX 1 $ 144,000 $ 144,000 $ 44,000
BROWNSVILLE-HARLINGEN, TX 1 $ 60,000 $ 60,000 $ 44,000
CANTON-MASSILLON, OH 1 $ 108,000 $ 108,000 $ 43,000
CHICO, CA 1 $ 138,000 $ 138,000 $ 34,000
COLORADO SPRINGS, CO 1 $ 485,000 $ 485,000 $ 169,000
DALTON, GA 1 $ 61,000 $ 61,000 $ 43,000
DAYTON, OH 1 $ 56,000 $ 56,000 $ 58,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 1 $ 95,000 $ 95,000 $ 74,000
DENVER-AURORA-LAKEWOOD, CO 1 $ 195,000 $ 195,000 $ 96,000
DULUTH, MN-WI 1 $ 180,000 $ 180,000 $ 89,000
EL PASO, TX 1 $ 130,000 $ 130,000 $ 74,000
FLINT, MI 1 $ 79,000 $ 79,000 $ 77,000
GARY, IN 1 $ 63,000 $ 63,000 $ 20,000
GRAND FORKS, ND-MN 1 $ 68,000 $ 68,000 $ 50,000
GREELEY, CO 1 $ 132,000 $ 132,000 $ 58,000
GREENVILLE-ANDERSON-MAULDIN, SC 1 $ 165,000 $ 165,000 $ 77,000
HAGERSTOWN-MARTINSBURG, MD-WV 1 $ 175,000 $ 175,000 $ 80,000
HILTON HEAD ISLAND-BLUFFTON-BEAUFORT, SC 1 $ 369,000 $ 369,000 $ 203,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 1 $ 117,000 $ 117,000 $ 77,000
JACKSONVILLE, FL 1 $ 100,000 $ 100,000 $ 45,000
KALAMAZOO-PORTAGE, MI 1 $ 90,000 $ 90,000 $ 51,000
KNOXVILLE, TN 1 $ 115,000 $ 115,000 $ 40,000
LAKELAND-WINTER HAVEN, FL 1 $ 168,000 $ 168,000 $ 0
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 1 $ 144,000 $ 144,000 $ 84,000
LONGVIEW, WA 1 $ 125,000 $ 125,000 $ 36,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 1 $ 81,000 $ 81,000 $ 42,000
MODESTO, CA 1 $ 101,000 $ 101,000 $ 45,000
MUNCIE, IN 1 $ 55,000 $ 55,000 $ 36,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 1 $ 250,000 $ 250,000 $ 52,000
NORTH PORT-SARASOTA-BRADENTON, FL 1 $ 183,000 $ 183,000 $ 107,000
OXNARD-THOUSAND OAKS-VENTURA, CA 1 $ 534,000 $ 534,000 $ 138,000
PANAMA CITY, FL 1 $ 61,000 $ 61,000 $ 30,000
PARKERSBURG-VIENNA, WV 1 $ 132,000 $ 132,000 $ 66,000
PORT ST. LUCIE, FL 1 $ 160,000 $ 160,000 $ 45,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 1 $ 243,000 $ 243,000 $ 54,000
PUNTA GORDA, FL 1 $ 137,000 $ 137,000 $ 47,000
RICHMOND, VA 1 $ 213,000 $ 213,000 $ 70,000
ROANOKE, VA 1 $ 105,000 $ 105,000 $ 35,000
SAN ANTONIO-NEW BRAUNFELS, TX 1 $ 95,000 $ 95,000 $ 50,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 1 $ 521,000 $ 521,000 $ 194,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 1 $ 1,208,000 $ 1,208,000 $ 314,000
SANTA MARIA-SANTA BARBARA, CA 1 $ 485,000 $ 485,000 $ 118,000
SAVANNAH, GA 1 $ 91,000 $ 91,000 $ 68,000
SHERMAN-DENISON, TX 1 $ 124,000 $ 124,000 $ 54,000
SILVER SPRING-FREDERICK-ROCKVILLE, MD 1 $ 195,000 $ 195,000 $ 47,000
SPOKANE-SPOKANE VALLEY, WA 1 $ 127,000 $ 127,000 $ 0
SPRINGFIELD, IL 1 $ 126,000 $ 126,000 $ 41,000
ST. LOUIS, MO-IL 1 $ 80,000 $ 80,000 $ 109,000
TERRE HAUTE, IN 1 $ 110,000 $ 110,000 $ 83,000
TULSA, OK 1 $ 70,000 $ 70,000 $ 48,000
WARREN-TROY-FARMINGTON HILLS, MI 1 $ 197,000 $ 197,000 $ 134,000

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 Fay Servicing, Llc in 2015

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 187 $47,290,000 $252,000 $1,208,000 $93,000 $459,000
Home Purchase 144 $26,535,000 $184,000 $599,000 $79,000 $258,000
Home Improvement 59 $16,228,000 $275,000 $1,750,000 $103,000 $422,000

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 199 $47,609,000 $239,000 $1,750,000 $96,000 $422,000
Black or African American 73 $12,723,000 $174,000 $590,000 $78,000 $459,000
Hispanic 61 $12,579,000 $206,000 $579,000 $74,000 $258,000
Not Provided 28 $7,473,000 $266,000 $611,000 $82,000 $226,000
Asian 23 $8,163,000 $354,000 $1,208,000 $109,000 $314,000
Native Hawaiian or Other Pacific Islander 3 $639,000 $213,000 $342,000 $88,000 $114,000
American Indian or Alaskan Native 2 $297,000 $148,000 $160,000 $53,000 $60,000
Not applicable 1 $570,000 $570,000 $570,000 $332,000 $332,000

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
FHA-insured (Federal Housing Administration) 203 $38,881,000 $191,000 $624,000 $69,000 $258,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 174 $48,375,000 $278,000 $1,750,000 $115,000 $459,000
VA-guaranteed (Veterans Administration) 13 $2,797,000 $215,000 $511,000 $73,000 $113,000
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
Loan Originated 120 $24,191,000 $201,000 $868,000 $85,000 $370,000
Application Denied By Financial Institution 111 $24,728,000 $222,000 $1,750,000 $84,000 $459,000
Application Withdrawn By Applicant 103 $25,779,000 $250,000 $1,208,000 $95,000 $420,000
File Closed For Incompleteness 52 $14,674,000 $282,000 $915,000 $101,000 $318,000
Application Approved But Not Accepted 4 $681,000 $170,000 $400,000 $84,000 $119,000
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 30 $6,127,000 $204,000 $590,000 $55,000 $130,000
Collateral 27 $5,502,000 $203,000 $613,000 $103,000 $384,000
Credit History 22 $4,481,000 $203,000 $558,000 $80,000 $204,000
Credit Application Incomplete 10 $3,916,000 $391,000 $1,750,000 $142,000 $459,000
Other 9 $1,740,000 $193,000 $570,000 $72,000 $226,000
Employment History 5 $1,033,000 $206,000 $437,000 $87,000 $285,000
Insufficient Cash (Downpayment, Closing Cost) 3 $600,000 $200,000 $358,000 $63,000 $84,000
Unverifiable Information 2 $530,000 $265,000 $417,000 $91,000 $93,000
Mortgage Insurance Denied 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.

Download the Illinois Lender List