Mutual Federal Bank
Mortgage Loan Application
Totals and Details
for 2021
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 Mutual Federal 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 | Mutual Federal Bank 2212 Cermak Road Chicago, IL 60608 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 1,018 |
| Total Mortgage Loan Application Amount | $250,640,000 |
| Average Mortgage Loan Application Amount | $272,750 |
| Highest Mortgage Loan Application Amount | $1,265,000 |
| Average Applicant Income | $110,750 |
| Highest Applicant Income | $3,034,000 |
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 |
|---|---|---|---|---|
| Will County Illinois | 379 | $ 84,125,000 | $ 221,000 | $ 114,000 |
| Cook County Illinois | 198 | $ 50,030,000 | $ 252,000 | $ 114,000 |
| DuPage County Illinois | 93 | $ 27,745,000 | $ 298,000 | $ 153,000 |
| Kendall County Illinois | 58 | $ 13,210,000 | $ 227,000 | $ 100,000 |
| Grundy County Illinois | 37 | $ 7,555,000 | $ 204,000 | $ 87,000 |
| Lake County Indiana | 34 | $ 5,120,000 | $ 150,000 | $ 102,000 |
| Kane County Illinois | 29 | $ 8,425,000 | $ 290,000 | $ 104,000 |
| LaSalle County Illinois | 14 | $ 2,820,000 | $ 201,000 | $ 67,000 |
| Lake County Illinois | 13 | $ 2,905,000 | $ 223,000 | $ 84,000 |
| Kankakee County Illinois | 11 | $ 2,085,000 | $ 189,000 | $ 148,000 |
| Davidson County Tennessee | 10 | $ 3,130,000 | $ 313,000 | $ 74,000 |
| DeKalb County Illinois | 6 | $ 820,000 | $ 136,000 | $ 81,000 |
| Charleston County South Carolina | 6 | $ 1,920,000 | $ 320,000 | $ 99,000 |
| Collier County Florida | 5 | $ 1,235,000 | $ 247,000 | $ 204,000 |
| Hillsborough County Florida | 4 | $ 2,020,000 | $ 505,000 | $ 229,000 |
| Livingston County Illinois | 4 | $ 860,000 | $ 215,000 | $ 72,000 |
| Porter County Indiana | 4 | $ 890,000 | $ 222,000 | $ 90,000 |
| King County Washington | 4 | $ 1,160,000 | $ 290,000 | $ 178,000 |
| Manatee County Florida | 3 | $ 1,455,000 | $ 485,000 | $ 114,000 |
| Macon County Illinois | 3 | $ 625,000 | $ 208,000 | $ 225,000 |
| McHenry County Illinois | 3 | $ 705,000 | $ 235,000 | $ 62,000 |
| Winnebago County Illinois | 3 | $ 925,000 | $ 308,000 | $ 120,000 |
| Monmouth County New Jersey | 3 | $ 1,265,000 | $ 421,000 | $ 111,000 |
| York County South Carolina | 3 | $ 1,195,000 | $ 398,000 | $ 120,000 |
| Sevier County Tennessee | 3 | $ 1,235,000 | $ 411,000 | $ 240,000 |
| Maricopa County Arizona | 2 | $ 760,000 | $ 380,000 | $ 120,000 |
| Pima County Arizona | 2 | $ 330,000 | $ 165,000 | $ 147,000 |
| El Paso County Colorado | 2 | $ 970,000 | $ 485,000 | $ 150,000 |
| Escambia County Florida | 2 | $ 1,150,000 | $ 575,000 | $ 453,000 |
| Fulton County Georgia | 2 | $ 370,000 | $ 185,000 | $ 128,000 |
| Boone County Illinois | 2 | $ 420,000 | $ 210,000 | $ 99,000 |
| Orleans County Louisiana | 2 | $ 740,000 | $ 370,000 | $ 270,000 |
| Berrien County Michigan | 2 | $ 1,280,000 | $ 640,000 | $ 349,000 |
| Genesee County Michigan | 2 | $ 250,000 | $ 125,000 | $ 38,000 |
| Van Buren County Michigan | 2 | $ 310,000 | $ 155,000 | $ 132,000 |
| Clark County Nevada | 2 | $ 550,000 | $ 275,000 | $ 214,000 |
| Morris County New Jersey | 2 | $ 670,000 | $ 335,000 | $ 114,000 |
| Berkeley County South Carolina | 2 | $ 890,000 | $ 445,000 | $ 96,000 |
| Spokane County Washington | 2 | $ 170,000 | $ 85,000 | $ 67,000 |
| Harrison County West Virginia | 2 | $ 360,000 | $ 180,000 | $ 78,000 |
| Marathon County Wisconsin | 2 | $ 740,000 | $ 370,000 | $ 126,000 |
| Pinal County Arizona | 1 | $ 355,000 | $ 355,000 | $ 94,000 |
| Los Angeles County California | 1 | $ 485,000 | $ 485,000 | $ 216,000 |
| Riverside County California | 1 | $ 105,000 | $ 105,000 | $ 265,000 |
| San Diego County California | 1 | $ 355,000 | $ 355,000 | $ 75,000 |
| San Joaquin County California | 1 | $ 205,000 | $ 205,000 | $ 140,000 |
| Denver County Colorado | 1 | $ 315,000 | $ 315,000 | $ 349,000 |
| Park County Colorado | 1 | $ 445,000 | $ 445,000 | $ 300,000 |
| Kent County Delaware | 1 | $ 155,000 | $ 155,000 | $ 148,000 |
| Flagler County Florida | 1 | $ 165,000 | $ 165,000 | $ 87,000 |
| Miami-Dade County Florida | 1 | $ 255,000 | $ 255,000 | $ 40,000 |
| Monroe County Florida | 1 | $ 325,000 | $ 325,000 | $ 152,000 |
| Pinellas County Florida | 1 | $ 435,000 | $ 435,000 | $ 470,000 |
| Sarasota County Florida | 1 | $ 205,000 | $ 205,000 | $ 47,000 |
| Ogle County Illinois | 1 | $ 195,000 | $ 195,000 | $ 51,000 |
| St. Clair County Illinois | 1 | $ 205,000 | $ 205,000 | $ 103,000 |
| Hamilton County Indiana | 1 | $ 285,000 | $ 285,000 | $ 118,000 |
| LaPorte County Indiana | 1 | $ 135,000 | $ 135,000 | $ 116,000 |
| Marshall County Indiana | 1 | $ 585,000 | $ 585,000 | $ 237,000 |
| Scott County Iowa | 1 | $ 455,000 | $ 455,000 | $ 300,000 |
| Allegan County Michigan | 1 | $ 205,000 | $ 205,000 | $ 110,000 |
| Charlevoix County Michigan | 1 | $ 165,000 | $ 165,000 | $ 102,000 |
| Eaton County Michigan | 1 | $ 155,000 | $ 155,000 | $ 103,000 |
| Kalamazoo County Michigan | 1 | $ 175,000 | $ 175,000 | $ 195,000 |
| Ottawa County Michigan | 1 | $ 155,000 | $ 155,000 | $ 54,000 |
| Hennepin County Minnesota | 1 | $ 345,000 | $ 345,000 | $ 99,000 |
| DeSoto County Mississippi | 1 | $ 155,000 | $ 155,000 | $ 54,000 |
| Harrison County Mississippi | 1 | $ 245,000 | $ 245,000 | $ 236,000 |
| Boone County Missouri | 1 | $ 365,000 | $ 365,000 | $ 115,000 |
| Jefferson County Missouri | 1 | $ 345,000 | $ 345,000 | $ 93,000 |
| St. Charles County Missouri | 1 | $ 405,000 | $ 405,000 | $ 89,000 |
| St. Louis County Missouri | 1 | $ 455,000 | $ 455,000 | $ 84,000 |
| White Pine County Nevada | 1 | $ 285,000 | $ 285,000 | $ 124,000 |
| Cumberland County New Jersey | 1 | $ 225,000 | $ 225,000 | $ 100,000 |
| Mercer County New Jersey | 1 | $ 415,000 | $ 415,000 | $ 193,000 |
| Gaston County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 310,000 |
| Iredell County North Carolina | 1 | $ 615,000 | $ 615,000 | $ 296,000 |
| Lucas County Ohio | 1 | $ 155,000 | $ 155,000 | $ 85,000 |
| Warren County Ohio | 1 | $ 315,000 | $ 315,000 | $ 148,000 |
| Jackson County Oregon | 1 | $ 385,000 | $ 385,000 | $ 46,000 |
| Bucks County Pennsylvania | 1 | $ 255,000 | $ 255,000 | $ 119,000 |
| Newport County Rhode Island | 1 | $ 195,000 | $ 195,000 | $ 80,000 |
| Greenville County South Carolina | 1 | $ 205,000 | $ 205,000 | $ 153,000 |
| Spartanburg County South Carolina | 1 | $ 265,000 | $ 265,000 | $ 84,000 |
| Loudon County Tennessee | 1 | $ 355,000 | $ 355,000 | $ 298,000 |
| Rutherford County Tennessee | 1 | $ 285,000 | $ 285,000 | $ 60,000 |
| Sumner County Tennessee | 1 | $ 285,000 | $ 285,000 | $ 48,000 |
| Williamson County Tennessee | 1 | $ 535,000 | $ 535,000 | $ 130,000 |
| Parker County Texas | 1 | $ 525,000 | $ 525,000 | $ 163,000 |
| Utah County Utah | 1 | $ 375,000 | $ 375,000 | $ 92,000 |
| Island County Washington | 1 | $ 1,075,000 | $ 1,075,000 | $ 0 |
| Snohomish County Washington | 1 | $ 415,000 | $ 415,000 | $ 392,000 |
| Dane County Wisconsin | 1 | $ 265,000 | $ 265,000 | $ 276,000 |
| Dunn County Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 57,000 |
| Fond du Lac County Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 203,000 |
| Vilas County Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 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 Mutual Federal Bank in 2021
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 | 451 | $111,315,000 | $246,000 | $1,265,000 | $132,000 | $3,034,000 |
| Home Purchase | 394 | $102,700,000 | $260,000 | $1,145,000 | $104,000 | $783,000 |
| Cash-out Refinancing | 172 | $36,250,000 | $210,000 | $755,000 | $115,000 | $369,000 |
| Home Improvement | 1 | $375,000 | $375,000 | $375,000 | $92,000 | $92,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 797 | $194,425,000 | $243,000 | $1,145,000 | $120,000 | $3,034,000 |
| Hispanic | 77 | $17,275,000 | $224,000 | $545,000 | $94,000 | $307,000 |
| Not Provided | 72 | $18,350,000 | $254,000 | $925,000 | $133,000 | $783,000 |
| Black or African American | 41 | $8,865,000 | $216,000 | $405,000 | $89,000 | $202,000 |
| Asian | 26 | $9,270,000 | $356,000 | $1,265,000 | $146,000 | $682,000 |
| Not applicable | 4 | $1,990,000 | $497,000 | $855,000 | $0 | $0 |
| American Indian or Alaskan Native | 1 | $465,000 | $465,000 | $465,000 | $145,000 | $145,000 |
| Native Hawaiian 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) | 898 | $222,420,000 | $247,000 | $1,265,000 | $124,000 | $3,034,000 |
| FHA-insured (Federal Housing Administration) | 110 | $25,440,000 | $231,000 | $445,000 | $75,000 | $360,000 |
| VA-guaranteed (Veterans Administration) | 10 | $2,780,000 | $278,000 | $445,000 | $92,000 | $151,000 |
| 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 | 731 | $177,065,000 | $242,000 | $1,145,000 | $121,000 | $3,034,000 |
| Application Withdrawn By Applicant | 213 | $54,875,000 | $257,000 | $1,075,000 | $112,000 | $610,000 |
| Application Denied By Financial Institution | 50 | $13,010,000 | $260,000 | $1,265,000 | $106,000 | $682,000 |
| File Closed For Incompleteness | 16 | $4,230,000 | $264,000 | $545,000 | $115,000 | $291,000 |
| Application Approved But Not Accepted | 8 | $1,460,000 | $182,000 | $335,000 | $141,000 | $316,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 968 | $237,630,000 | $245,000 | $1,145,000 | $119,000 | $3,034,000 |
| Debt-To-Income Ratio | 10 | $3,890,000 | $389,000 | $1,265,000 | $138,000 | $682,000 |
| Collateral | 9 | $1,975,000 | $219,000 | $455,000 | $114,000 | $265,000 |
| Credit History | 8 | $1,820,000 | $227,000 | $525,000 | $86,000 | $177,000 |
| Unverifiable Information | 8 | $1,670,000 | $208,000 | $415,000 | $92,000 | $193,000 |
| Other | 7 | $1,755,000 | $250,000 | $455,000 | $123,000 | $251,000 |
| Credit Application Incomplete | 3 | $455,000 | $151,000 | $175,000 | $99,000 | $195,000 |
| Employment History | 3 | $945,000 | $315,000 | $535,000 | $32,000 | $64,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $500,000 | $250,000 | $325,000 | $64,000 | $75,000 |
| 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.