Metrobank
Mortgage Loan Application
Totals and Details
for 2003

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 Metrobank.
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 Metrobank
1523 Eighth Street
East Moline, IL 61244
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  2004  2003  
Total Number of Mortgage Applications 1,860
Total Mortgage Loan Application Amount $105,289,000
Average Mortgage Loan Application Amount $80,200
Highest Mortgage Loan Application Amount $863,000
Average Applicant Income $51,800
Highest Applicant Income $1,298,000

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 Metrobank by Metropolitan Area in 2003

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 142 $ 9,684,000 $ 68,000 $ 49,000
PEORIA-PEKIN, IL 49 $ 267,000 $ 5,000 $ 45,000
JANESVILLE-BELOIT, WI 28 $ 306,000 $ 10,000 $ 54,000
ROCKFORD, IL 14 $ 161,000 $ 11,000 $ 50,000
CEDAR RAPIDS, IA 11 $ 102,000 $ 9,000 $ 35,000
BLOOMINGTON-NORMAL, IL 9 $ 49,000 $ 5,000 $ 64,000
DES MOINES, IA 9 $ 180,000 $ 20,000 $ 57,000
CHICAGO, IL 6 $ 133,000 $ 22,000 $ 66,000
SPRINGFIELD, IL 3 $ 15,000 $ 5,000 $ 51,000
DUBUQUE, IA 1 $ 60,000 $ 60,000 $ 24,000
KANKAKEE, IL 1 $ 7,000 $ 7,000 $ 15,000

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 Metrobank in 2003

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 (home purchase or home improvement, one-to-four family) 1,001 $79,799,000 $116,000 $350,000 $68,500 $1,298,000
Home Improvement (one-to-four family) 611 $5,998,000 $9,666 $112,000 $49,666 $221,000
Home Purchase (one-to-four family) 247 $19,335,000 $76,000 $863,000 $47,500 $354,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 1 $157,000 $157,000 $157,000 $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 1,490 $92,918,000 $88,200 $360,000 $64,600 $1,298,000
Information not provided by applicant in mail or telephone application 290 $8,650,000 $22,666 $863,000 $45,666 $244,000
Hispanic 46 $1,886,000 $48,333 $128,000 $41,000 $99,000
Black 19 $586,000 $31,000 $157,000 $61,000 $134,000
Asian or Pacific Islander 10 $1,016,000 $75,000 $224,000 $51,333 $172,000
American Indian or Alaskan Native 3 $74,000 $24,000 $50,000 $82,000 $145,000
Other 2 $159,000 $79,000 $82,000 $39,000 $41,000
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) 1,847 $104,553,000 $86,200 $863,000 $65,400 $1,298,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 11 $672,000 $53,500 $95,000 $26,500 $65,000
VA-guaranteed (Veterans Administration) 1 $59,000 $59,000 $59,000 $26,000 $26,000
FHA-insured (Federal Housing Administration) 1 $5,000 $5,000 $5,000 $33,000 $33,000

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 1,370 $90,342,000 $90,600 $863,000 $69,200 $1,298,000
Application Denied By Financial Institution 329 $8,649,000 $19,666 $360,000 $43,333 $221,000
Application Approved But Not Accepted 112 $2,923,000 $21,000 $179,000 $58,666 $156,000
Application Withdrawn By Applicant 47 $3,292,000 $88,500 $350,000 $48,500 $156,000
File Closed For Incompleteness 2 $83,000 $41,500 $52,000 $26,000 $28,000
Loan Purchased By The 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 159 $4,150,000 $20,666 $139,000 $47,333 $221,000
Debt-To-Income Ratio 130 $3,269,000 $16,333 $360,000 $41,000 $206,000
Collateral 25 $452,000 $14,333 $54,000 $44,666 $94,000
Other 6 $341,000 $56,500 $87,000 $32,500 $48,000
Unverifiable Information 4 $251,000 $55,500 $100,000 $35,500 $72,000
Employment History 3 $135,000 $45,000 $73,000 $29,000 $62,000
Insufficient Cash (Downpayment, Closing Cost) 1 $45,000 $45,000 $45,000 $18,000 $18,000
Credit Application Incomplete 1 $6,000 $6,000 $6,000 $26,000 $26,000
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