Fay Servicing, Llc
Mortgage Loan Application
Totals and Details
for 2016

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 923
Total Mortgage Loan Application Amount $224,555,000
Average Mortgage Loan Application Amount $224,666
Highest Mortgage Loan Application Amount $1,850,000
Average Applicant Income $88,333
Highest Applicant Income $792,000

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 2016

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 54 $ 17,740,000 $ 326,666 $ 142,666
LOS ANGELES-LONG BEACH-GLENDALE, CA 51 $ 22,078,000 $ 432,000 $ 124,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 37 $ 7,629,000 $ 206,000 $ 85,000
CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL 34 $ 6,792,000 $ 199,000 $ 72,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 34 $ 5,165,000 $ 151,000 $ 89,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 31 $ 9,816,000 $ 316,000 $ 100,000
DALLAS-PLANO-IRVING, TX 28 $ 6,322,000 $ 225,000 $ 117,000
OAKLAND-HAYWARD-BERKELEY, CA 26 $ 11,201,000 $ 430,000 $ 114,000
BALTIMORE-COLUMBIA-TOWSON, MD 22 $ 5,150,000 $ 234,000 $ 100,000
SEATTLE-BELLEVUE-EVERETT, WA 18 $ 5,567,000 $ 309,000 $ 88,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 16 $ 3,022,000 $ 184,000 $ 65,000
ANAHEIM-SANTA ANA-IRVINE, CA 14 $ 7,482,000 $ 534,000 $ 160,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 14 $ 5,860,000 $ 418,000 $ 92,000
MEMPHIS, TN-MS-AR 13 $ 1,509,000 $ 117,000 $ 52,500
ST. LOUIS, MO-IL 13 $ 1,662,000 $ 132,500 $ 79,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 13 $ 2,479,000 $ 190,000 $ 64,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 12 $ 4,310,000 $ 359,000 $ 102,000
SAN DIEGO-CARLSBAD, CA 12 $ 4,785,000 $ 398,000 $ 121,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 11 $ 2,649,000 $ 240,000 $ 86,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 11 $ 3,057,000 $ 412,500 $ 152,000
RICHMOND, VA 11 $ 1,549,000 $ 140,000 $ 48,000
WARREN-TROY-FARMINGTON HILLS, MI 11 $ 1,814,000 $ 164,000 $ 96,000
SAN ANTONIO-NEW BRAUNFELS, TX 10 $ 1,532,000 $ 153,000 $ 66,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 9 $ 1,509,000 $ 167,000 $ 78,000
ORLANDO-KISSIMMEE-SANFORD, FL 9 $ 3,183,000 $ 353,000 $ 84,000
STOCKTON-LODI, CA 9 $ 2,527,000 $ 280,000 $ 105,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 9 $ 1,498,000 $ 166,000 $ 68,000
FORT WORTH-ARLINGTON, TX 8 $ 1,396,000 $ 174,000 $ 137,000
MIAMI-MIAMI BEACH-KENDALL, FL 8 $ 1,506,000 $ 188,000 $ 77,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 8 $ 1,792,000 $ 224,000 $ 79,000
DENVER-AURORA-LAKEWOOD, CO 7 $ 2,016,000 $ 288,000 $ 184,000
DETROIT-DEARBORN-LIVONIA, MI 6 $ 1,729,000 $ 288,000 $ 170,000
KANSAS CITY, MO-KS 6 $ 1,095,000 $ 159,000 $ 85,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 6 $ 2,813,000 $ 468,000 $ 178,000
OXNARD-THOUSAND OAKS-VENTURA, CA 6 $ 2,227,000 $ 371,000 $ 122,000
TACOMA-LAKEWOOD, WA 6 $ 1,450,000 $ 241,000 $ 111,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 6 $ 3,199,000 $ 533,000 $ 160,000
AUSTIN-ROUND ROCK, TX 5 $ 1,249,000 $ 249,000 $ 121,000
CAPE CORAL-FORT MYERS, FL 5 $ 1,156,000 $ 231,000 $ 151,000
COLUMBUS, OH 5 $ 838,000 $ 167,000 $ 66,000
GARY, IN 5 $ 759,000 $ 151,000 $ 62,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 5 $ 535,000 $ 109,000 $ 38,000
SANTA ROSA, CA 5 $ 2,356,000 $ 471,000 $ 100,000
TULSA, OK 5 $ 1,019,000 $ 203,000 $ 117,000
CINCINNATI, OH-KY-IN 4 $ 526,000 $ 147,000 $ 77,500
HAGERSTOWN-MARTINSBURG, MD-WV 4 $ 687,000 $ 171,500 $ 66,000
JACKSONVILLE, FL 4 $ 806,000 $ 201,000 $ 154,000
LYNCHBURG, VA 4 $ 426,000 $ 106,000 $ 46,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 4 $ 1,338,000 $ 334,000 $ 84,000
SILVER SPRING-FREDERICK-ROCKVILLE, MD 4 $ 1,637,000 $ 409,000 $ 264,000
AMARILLO, TX 3 $ 910,000 $ 303,000 $ 199,000
ASHEVILLE, NC 3 $ 541,000 $ 180,000 $ 52,000
BIRMINGHAM-HOOVER, AL 3 $ 371,000 $ 123,000 $ 99,000
CHARLESTON-NORTH CHARLESTON, SC 3 $ 284,000 $ 94,000 $ 70,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 3 $ 471,000 $ 157,000 $ 79,000
ELGIN, IL 3 $ 474,000 $ 158,000 $ 75,000
GAINESVILLE, GA 3 $ 537,000 $ 179,000 $ 73,000
HICKORY-LENOIR-MORGANTON, NC 3 $ 283,000 $ 94,000 $ 52,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 3 $ 935,000 $ 263,500 $ 105,000
LAKELAND-WINTER HAVEN, FL 3 $ 487,000 $ 162,000 $ 79,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 3 $ 795,000 $ 265,000 $ 173,000
NORTH PORT-SARASOTA-BRADENTON, FL 3 $ 589,000 $ 196,000 $ 60,000
OKLAHOMA CITY, OK 3 $ 411,000 $ 137,000 $ 84,000
RALEIGH, NC 3 $ 738,000 $ 246,000 $ 104,000
SAVANNAH, GA 3 $ 552,000 $ 184,000 $ 108,000
VALLEJO-FAIRFIELD, CA 3 $ 1,269,000 $ 423,000 $ 197,000
WICHITA, KS 3 $ 301,000 $ 100,000 $ 59,000
WINSTON-SALEM, NC 3 $ 272,000 $ 90,000 $ 59,000
AUGUSTA-RICHMOND COUNTY, GA-SC 2 $ 350,000 $ 175,000 $ 57,000
BATON ROUGE, LA 2 $ 298,000 $ 149,000 $ 124,000
BEAUMONT-PORT ARTHUR, TX 2 $ 273,000 $ 136,000 $ 76,000
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA 2 $ 198,000 $ 99,000 $ 69,000
BREMERTON-SILVERDALE, WA 2 $ 402,000 $ 201,000 $ 60,000
CANTON-MASSILLON, OH 2 $ 225,000 $ 112,000 $ 47,000
CHATTANOOGA, TN-GA 2 $ 277,000 $ 138,000 $ 56,000
COLUMBIA, MO 2 $ 133,000 $ 66,000 $ 25,000
DAPHNE-FAIRHOPE-FOLEY, AL 2 $ 392,000 $ 196,000 $ 99,000
DAYTON, OH 2 $ 111,000 $ 55,000 $ 70,000
DES MOINES-WEST DES MOINES, IA 2 $ 285,000 $ 142,000 $ 86,000
DOTHAN, AL 2 $ 202,000 $ 101,000 $ 65,000
EL PASO, TX 2 $ 189,000 $ 94,000 $ 102,000
FORT SMITH, AR-OK 2 $ 787,000 $ 393,000 $ 73,000
FORT WAYNE, IN 2 $ 231,000 $ 115,000 $ 59,000
FRESNO, CA 2 $ 330,000 $ 165,000 $ 17,000
GRAND JUNCTION, CO 2 $ 290,000 $ 145,000 $ 91,000
GREENVILLE-ANDERSON-MAULDIN, SC 2 $ 246,000 $ 123,000 $ 42,000
HILTON HEAD ISLAND-BLUFFTON-BEAUFORT, SC 2 $ 457,000 $ 228,000 $ 161,000
HOMOSASSA SPRINGS, FL 2 $ 189,000 $ 94,000 $ 20,000
HUNTINGTON-ASHLAND, WV-KY-OH 2 $ 474,000 $ 237,000 $ 105,000
HUNTSVILLE, AL 2 $ 159,000 $ 79,000 $ 35,000
JACKSONVILLE, NC 2 $ 216,000 $ 108,000 $ 27,000
JOHNSON CITY, TN 2 $ 316,000 $ 158,000 $ 96,000
KNOXVILLE, TN 2 $ 392,000 $ 196,000 $ 44,000
LUBBOCK, TX 2 $ 391,000 $ 195,000 $ 73,000
MCALLEN-EDINBURG-MISSION, TX 2 $ 260,000 $ 130,000 $ 38,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 2 $ 335,000 $ 167,000 $ 56,000
NEWARK, NJ-PA 2 $ 616,000 $ 308,000 $ 138,000
PORT ST. LUCIE, FL 2 $ 484,000 $ 242,000 $ 99,000
REDDING, CA 2 $ 535,000 $ 267,000 $ 101,000
SALINAS, CA 2 $ 490,000 $ 245,000 $ 167,000
SANTA CRUZ-WATSONVILLE, CA 2 $ 513,000 $ 256,000 $ 68,000
SEBASTIAN-VERO BEACH, FL 2 $ 299,000 $ 149,000 $ 110,000
SPOKANE-SPOKANE VALLEY, WA 2 $ 347,000 $ 173,000 $ 21,000
WILMINGTON, NC 2 $ 209,000 $ 104,000 $ 37,000
AKRON, OH 1 $ 163,000 $ 163,000 $ 60,000
ALBUQUERQUE, NM 1 $ 101,000 $ 101,000 $ 56,000
ANN ARBOR, MI 1 $ 226,000 $ 226,000 $ 80,000
BAKERSFIELD, CA 1 $ 138,000 $ 138,000 $ 59,000
BLOOMINGTON, IN 1 $ 246,000 $ 246,000 $ 82,000
BROWNSVILLE-HARLINGEN, TX 1 $ 193,000 $ 193,000 $ 60,000
BURLINGTON, NC 1 $ 187,000 $ 187,000 $ 119,000
CALIFORNIA-LEXINGTON PARK, MD 1 $ 117,000 $ 117,000 $ 73,000
CAMDEN, NJ 1 $ 117,000 $ 117,000 $ 94,000
CEDAR RAPIDS, IA 1 $ 190,000 $ 190,000 $ 51,000
CHARLOTTESVILLE, VA 1 $ 249,000 $ 249,000 $ 160,000
CLARKSVILLE, TN-KY 1 $ 242,000 $ 242,000 $ 102,000
CLEVELAND-ELYRIA, OH 1 $ 66,000 $ 66,000 $ 23,000
COLORADO SPRINGS, CO 1 $ 132,000 $ 132,000 $ 25,000
COLUMBIA, SC 1 $ 100,000 $ 100,000 $ 4,000
COLUMBUS, GA-AL 1 $ 56,000 $ 56,000 $ 60,000
DURHAM-CHAPEL HILL, NC 1 $ 88,000 $ 88,000 $ 12,000
FLORENCE, SC 1 $ 69,000 $ 69,000 $ 29,000
GREENSBORO-HIGH POINT, NC 1 $ 83,000 $ 83,000 $ 48,000
GULFPORT-BILOXI-PASCAGOULA, MS 1 $ 50,000 $ 50,000 $ 78,000
HARRISONBURG, VA 1 $ 140,000 $ 140,000 $ 63,000
JACKSON, MS 1 $ 106,000 $ 106,000 $ 60,000
JACKSON, TN 1 $ 131,000 $ 131,000 $ 80,000
JANESVILLE-BELOIT, WI 1 $ 122,000 $ 122,000 $ 109,000
KALAMAZOO-PORTAGE, MI 1 $ 102,000 $ 102,000 $ 44,000
KANKAKEE, IL 1 $ 177,000 $ 177,000 $ 125,000
KENNEWICK-RICHLAND, WA 1 $ 142,000 $ 142,000 $ 28,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 1 $ 109,000 $ 109,000 $ 33,000
KOKOMO, IN 1 $ 111,000 $ 111,000 $ 39,000
LAFAYETTE, LA 1 $ 163,000 $ 163,000 $ 114,000
LANSING-EAST LANSING, MI 1 $ 185,000 $ 185,000 $ 43,000
LAWTON, OK 1 $ 144,000 $ 144,000 $ 56,000
LEXINGTON-FAYETTE, KY 1 $ 178,000 $ 178,000 $ 85,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 1 $ 227,000 $ 227,000 $ 97,000
MACON, GA 1 $ 76,000 $ 76,000 $ 53,000
MADERA, CA 1 $ 132,000 $ 132,000 $ 50,000
MADISON, WI 1 $ 228,000 $ 228,000 $ 140,000
MIDLAND, TX 1 $ 238,000 $ 238,000 $ 107,000
MOBILE, AL 1 $ 116,000 $ 116,000 $ 80,000
MOUNT VERNON-ANACORTES, WA 1 $ 240,000 $ 240,000 $ 47,000
NEW BERN, NC 1 $ 105,000 $ 105,000 $ 89,000
NEW ORLEANS-METAIRIE, LA 1 $ 169,000 $ 169,000 $ 120,000
OCALA, FL 1 $ 101,000 $ 101,000 $ 132,000
ODESSA, TX 1 $ 100,000 $ 100,000 $ 29,000
OLYMPIA-TUMWATER, WA 1 $ 173,000 $ 173,000 $ 225,000
OMAHA-COUNCIL BLUFFS, NE-IA 1 $ 276,000 $ 276,000 $ 205,000
PARKERSBURG-VIENNA, WV 1 $ 143,000 $ 143,000 $ 66,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 1 $ 161,000 $ 161,000 $ 16,000
PUEBLO, CO 1 $ 156,000 $ 156,000 $ 50,000
SAN ANGELO, TX 1 $ 61,000 $ 61,000 $ 82,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 1 $ 297,000 $ 297,000 $ 157,000
SAN LUIS OBISPO-PASO ROBLES-ARROYO GRANDE, CA 1 $ 561,000 $ 561,000 $ 147,000
SANTA FE, NM 1 $ 216,000 $ 216,000 $ 197,000
SHREVEPORT-BOSSIER CITY, LA 1 $ 50,000 $ 50,000 $ 36,000
SIOUX CITY, IA-NE-SD 1 $ 61,000 $ 61,000 $ 44,000
SPARTANBURG, SC 1 $ 133,000 $ 133,000 $ 44,000
ST. CLOUD, MN 1 $ 117,000 $ 117,000 $ 34,000
TERRE HAUTE, IN 1 $ 105,000 $ 105,000 $ 85,000
TOPEKA, KS 1 $ 105,000 $ 105,000 $ 51,000
WATERLOO-CEDAR FALLS, IA 1 $ 82,000 $ 82,000 $ 42,000
WICHITA FALLS, TX 1 $ 140,000 $ 140,000 $ 59,000
WINCHESTER, VA-WV 1 $ 276,000 $ 276,000 $ 150,000
YAKIMA, WA 1 $ 86,000 $ 86,000 $ 20,000

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 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 846 $207,600,000 $245,000 $1,850,000 $97,000 $792,000
Home Improvement 57 $12,858,000 $225,000 $503,000 $83,000 $220,000
Home Purchase 20 $4,097,000 $204,000 $417,000 $85,000 $260,000

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 415 $108,091,000 $260,000 $1,850,000 $108,000 $792,000
Not Provided 181 $46,515,000 $256,000 $880,000 $91,000 $350,000
Black or African American 161 $31,770,000 $197,000 $979,000 $86,000 $600,000
Hispanic 131 $28,043,000 $214,000 $684,000 $72,000 $282,000
Asian 23 $7,350,000 $319,000 $635,000 $103,000 $200,000
American Indian or Alaskan Native 8 $1,701,000 $212,000 $801,000 $136,000 $420,000
Native Hawaiin or Other Pacific Islander 4 $1,085,000 $271,000 $591,000 $77,000 $129,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 465 $134,556,000 $289,000 $1,850,000 $114,000 $792,000
FHA-insured (Federal Housing Administration) 426 $82,463,000 $193,000 $591,000 $77,000 $334,000
VA-guaranteed (Veterans Administration) 32 $7,536,000 $235,000 $720,000 $82,000 $270,000
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 Denied By Financial Institution 326 $78,259,000 $240,000 $1,625,000 $84,000 $600,000
Application Withdrawn By Applicant 288 $72,115,000 $250,000 $1,167,000 $100,000 $564,000
File Closed For Incompleteness 194 $50,290,000 $259,000 $1,850,000 $115,000 $792,000
Loan Originated 103 $21,489,000 $208,000 $602,000 $87,000 $521,000
Application Approved But Not Accepted 12 $2,402,000 $200,000 $364,000 $66,000 $162,000
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 121 $35,736,000 $295,000 $1,625,000 $69,000 $294,000
Credit History 91 $20,163,000 $221,000 $979,000 $103,000 $600,000
Collateral 67 $14,316,000 $213,000 $744,000 $95,000 $360,000
Other 29 $4,767,000 $164,000 $305,000 $72,000 $199,000
Unverifiable Information 7 $1,697,000 $242,000 $412,000 $95,000 $168,000
Insufficient Cash (Downpayment, Closing Cost) 3 $226,000 $75,000 $119,000 $66,000 $78,000
Credit Application Incomplete 2 $169,000 $84,000 $90,000 $41,000 $47,000
Employment History 2 $313,000 $156,000 $183,000 $41,000 $58,000
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.

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