Park National Bank
Mortgage Loan Application
Totals and Details
for 2007

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 Park National 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 Park National Bank
801 N Clark
Chicago, IL 60610
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  2006  
Total Number of Mortgage Applications 1,879
Total Mortgage Loan Application Amount $441,455,000
Average Mortgage Loan Application Amount $210,000
Highest Mortgage Loan Application Amount $17,500,000
Average Applicant Income $89,000
Highest Applicant Income $9,851,000

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 Park National Bank by Metropolitan Area in 2007

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-JOLIET, IL 1,537 $ 307,809,000 $ 200,000 $ 92,000
GARY, IN 65 $ 7,187,000 $ 110,000 $ 56,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 21 $ 6,617,000 $ 318,500 $ 185,500
LOS ANGELES-LONG BEACH-GLENDALE, CA 7 $ 12,637,000 $ 1,805,000 $ 0
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ 7 $ 18,870,000 $ 1,755,500 $ 0
PHOENIX-MESA-SCOTTSDALE, AZ 4 $ 3,073,000 $ 768,000 $ 891,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 4 $ 1,517,000 $ 379,000 $ 40,000
OAKLAND-FREMONT-HAYWARD, CA 3 $ 915,000 $ 305,000 $ 0
SAN DIEGO-CARLSBAD-SAN MARCOS, CA 3 $ 1,169,000 $ 389,000 $ 96,000
DANVILLE, IL 2 $ 147,000 $ 73,000 $ 44,000
DETROIT-LIVONIA-DEARBORN, MI 2 $ 452,000 $ 226,000 $ 37,000
FORT WAYNE, IN 2 $ 237,000 $ 118,000 $ 29,000
LEXINGTON-FAYETTE, KY 2 $ 381,000 $ 190,000 $ 182,000
MICHIGAN CITY-LA PORTE, IN 2 $ 244,000 $ 122,000 $ 97,000
NAPLES-MARCO ISLAND, FL 2 $ 2,912,000 $ 1,456,000 $ 1,298,000
ORLANDO-KISSIMMEE, FL 2 $ 452,000 $ 226,000 $ 80,000
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 2 $ 1,213,000 $ 606,000 $ 0
SARASOTA-BRADENTON-VENICE, FL 2 $ 430,000 $ 215,000 $ 296,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 2 $ 1,394,000 $ 697,000 $ 2,406,000
ATLANTA-SANDY SPRINGS-MARIETTA, GA 1 $ 500,000 $ 500,000 $ 727,000
BLOOMINGTON-NORMAL, IL 1 $ 70,000 $ 70,000 $ 32,000
BOISE CITY-NAMPA, ID 1 $ 8,500,000 $ 8,500,000 $ 0
BUFFALO-NIAGARA FALLS, NY 1 $ 139,000 $ 139,000 $ 0
CHAMPAIGN-URBANA, IL 1 $ 110,000 $ 110,000 $ 79,000
COLLEGE STATION-BRYAN, TX 1 $ 146,000 $ 146,000 $ 0
DALLAS-PLANO-IRVING, TX 1 $ 203,000 $ 203,000 $ 95,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 1 $ 3,040,000 $ 3,040,000 $ 0
GAINESVILLE, GA 1 $ 160,000 $ 160,000 $ 104,000
INDIANAPOLIS-CARMEL, IN 1 $ 26,000 $ 26,000 $ 43,000
JANESVILLE, WI 1 $ 115,000 $ 115,000 $ 97,000
KANKAKEE-BRADLEY, IL 1 $ 25,000 $ 25,000 $ 48,000
KANSAS CITY, MO-KS 1 $ 662,000 $ 662,000 $ 0
KENNEWICK-RICHLAND-PASCO, WA 1 $ 243,000 $ 243,000 $ 0
LAS VEGAS-PARADISE, NV 1 $ 3,640,000 $ 3,640,000 $ 0
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 1 $ 110,000 $ 110,000 $ 139,000
MADISON, WI 1 $ 3,627,000 $ 3,627,000 $ 0
MODESTO, CA 1 $ 649,000 $ 649,000 $ 419,000
MOUNT VERNON-ANACORTES, WA 1 $ 329,000 $ 329,000 $ 66,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 1 $ 139,000 $ 139,000 $ 51,000
NASSAU-SUFFOLK, NY 1 $ 455,000 $ 455,000 $ 240,000
NEWARK-UNION, NJ-PA 1 $ 17,500,000 $ 17,500,000 $ 0
NILES-BENTON HARBOR, MI 1 $ 250,000 $ 250,000 $ 280,000
NORWICH-NEW LONDON, CT 1 $ 256,000 $ 256,000 $ 0
OKLAHOMA CITY, OK 1 $ 150,000 $ 150,000 $ 0
OXNARD-THOUSAND OAKS-VENTURA, CA 1 $ 250,000 $ 250,000 $ 75,000
PANAMA CITY-LYNN HAVEN, FL 1 $ 364,000 $ 364,000 $ 102,000
PEABODY, MA 1 $ 398,000 $ 398,000 $ 0
PHILADELPHIA, PA 1 $ 118,000 $ 118,000 $ 0
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME 1 $ 239,000 $ 239,000 $ 0
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA 1 $ 281,000 $ 281,000 $ 0
ROCHESTER, NY 1 $ 100,000 $ 100,000 $ 0
ROCKFORD, IL 1 $ 20,000 $ 20,000 $ 50,000
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA 1 $ 389,000 $ 389,000 $ 0
SALEM, OR 1 $ 712,000 $ 712,000 $ 0
SANTA BARBARA-SANTA MARIA-GOLETA, CA 1 $ 187,000 $ 187,000 $ 0
TULSA, OK 1 $ 145,000 $ 145,000 $ 150,000
UTICA-ROME, NY 1 $ 134,000 $ 134,000 $ 0

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 Park National Bank in 2007

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
Home Purchase 838 $213,705,000 $255,000 $13,000,000 $111,000 $9,851,000
Refinancing 735 $193,096,000 $262,000 $17,500,000 $85,000 $3,609,000
Home Improvement 306 $34,654,000 $113,000 $2,520,000 $71,000 $1,579,000

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 635 $165,030,000 $259,000 $7,250,000 $160,000 $9,851,000
Black or African American 538 $63,244,000 $117,000 $460,000 $54,000 $287,000
Hispanic 430 $64,009,000 $148,000 $650,000 $58,000 $568,000
Not Provided 156 $37,699,000 $241,000 $2,672,000 $120,000 $1,617,000
Not applicable 82 $102,936,000 $1,255,000 $17,500,000 $0 $0
Asian 27 $6,082,000 $225,000 $1,060,000 $70,000 $228,000
American Indian or Alaskan Native 9 $2,081,000 $231,000 $820,000 $78,000 $234,000
Native Hawaiian or Other Pacific Islander 2 $374,000 $187,000 $210,000 $56,000 $78,000

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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,852 $436,490,000 $235,000 $17,500,000 $95,000 $9,851,000
FHA-insured (Federal Housing Administration) 23 $3,800,000 $165,000 $291,000 $60,000 $139,000
VA-guaranteed (Veterans Administration) 4 $1,165,000 $291,000 $410,000 $80,000 $111,000
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 1,165 $264,179,000 $226,000 $13,000,000 $113,000 $9,851,000
Application Denied By Financial Institution 306 $53,325,000 $174,000 $7,250,000 $58,000 $1,309,000
Application Approved But Not Accepted 103 $19,611,000 $190,000 $999,000 $87,000 $470,000
Preapproval Approved but not Accepted 98 $16,716,000 $170,000 $600,000 $54,000 $212,000
Application Withdrawn By Applicant 70 $15,154,000 $216,000 $2,672,000 $105,000 $1,617,000
Preapproval Denied by Financial Institution 52 $8,895,000 $171,000 $444,000 $52,000 $273,000
Loan Purchased By The Institution 43 $54,940,000 $1,277,000 $17,500,000 $0 $0
File Closed For Incompleteness 42 $8,635,000 $205,000 $740,000 $88,000 $650,000

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 173 $35,150,000 $203,000 $7,250,000 $55,000 $1,309,000
Credit History 90 $10,341,000 $114,000 $450,000 $60,000 $205,000
Collateral 42 $8,128,000 $193,000 $1,800,000 $62,000 $240,000
Credit Application Incomplete 25 $1,904,000 $76,000 $600,000 $78,000 $481,000
Other 20 $5,403,000 $270,000 $1,050,000 $41,000 $273,000
Insufficient Cash (Downpayment, Closing Cost) 3 $464,000 $154,000 $178,000 $26,000 $42,000
Unverifiable Information 2 $250,000 $125,000 $141,000 $44,000 $50,000
Employment History 2 $335,000 $167,000 $177,000 $37,000 $41,000
Mortgage Insurance Denied 1 $245,000 $245,000 $245,000 $72,000 $72,000

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