First National Bank Of Rochelle
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016

First National Bank Of Rochelle 2016 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.

Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher, this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.

Mortgage Company & Address First National Bank Of Rochelle
340 May Mart Drive
Rochelle, IL 61068
Tel #: available with data download
Federal Regulator * available with data download
Years 2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 210
Total Mortgage Loan Application Amount $21,035,000
Average Mortgage Loan Application Amount $87,666
Highest Mortgage Loan Application Amount $300,000
Average Applicant Income $77,666
Highest Applicant Income $301,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2016 with First National Bank Of Rochelle. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing First National Bank Of Rochelle's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2016 breaks down First National Bank Of Rochelle's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how First National Bank Of Rochelle serves its applicants.

Each category highlights the total number of mortgage applications processed by First National Bank Of Rochelle, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at First National Bank Of Rochelle's mortgage activity for 2016.

Mortgage Loan Application Totals for First National Bank Of Rochelle 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
ELGIN, IL 8 $ 1,450,000 $ 181,000 $ 134,000
CAPE CORAL-FORT MYERS, FL 7 $ 1,517,000 $ 216,000 $ 139,000
CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL 4 $ 522,000 $ 130,000 $ 133,000
ROCKFORD, IL 4 $ 671,000 $ 167,000 $ 118,000
EAU CLAIRE, WI 1 $ 187,000 $ 187,000 $ 76,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 1 $ 145,000 $ 145,000 $ 43,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 1 $ 232,000 $ 232,000 $ 181,000
PEORIA, IL 1 $ 78,000 $ 78,000 $ 85,000
PHOENIX-MESA-SCOTTSDALE, AZ 1 $ 140,000 $ 140,000 $ 86,000

Mortgage Loan Application Detail Totals for First National Bank Of Rochelle 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 89 $9,591,000 $107,000 $263,000 $80,000 $278,000
Home Purchase 87 $10,041,000 $115,000 $300,000 $81,000 $301,000
Home Improvement 34 $1,403,000 $41,000 $232,000 $72,000 $227,000

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 185 $18,700,000 $101,000 $300,000 $82,000 $301,000
Hispanic 16 $1,400,000 $87,000 $166,000 $60,000 $135,000
Asian 4 $548,000 $137,000 $266,000 $92,000 $151,000
Not Provided 3 $288,000 $96,000 $105,000 $55,000 $85,000
Not applicable 2 $99,000 $49,000 $58,000 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Native Hawaiin or Other Pacific Islander 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) 210 $21,035,000 $100,000 $300,000 $79,000 $301,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 193 $19,133,000 $99,000 $300,000 $79,000 $301,000
Application Denied By Financial Institution 11 $1,293,000 $117,000 $240,000 $84,000 $181,000
Application Withdrawn By Applicant 4 $411,000 $102,000 $132,000 $62,000 $95,000
Application Approved But Not Accepted 2 $198,000 $99,000 $138,000 $78,000 $101,000
File Closed For Incompleteness 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
Collateral 4 $392,000 $98,000 $159,000 $83,000 $164,000
Credit History 3 $369,000 $123,000 $240,000 $75,000 $126,000
Debt-To-Income Ratio 2 $336,000 $168,000 $232,000 $127,000 $181,000
Other 2 $196,000 $98,000 $108,000 $55,000 $63,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into First National Bank Of Rochelle's 2016 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess First National Bank Of Rochelle's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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