Amalgamated Bank of chicago

Chicago, IL

Amalgamated Bank of chicago processed 22 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 20 loans with a 0.0% denial rate. Refinancing was the primary loan purpose. Based in Chicago, IL. The approval rate of 90.9% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Amalgamated Bank of chicago's 90.9% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (22 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

22
Applications
20
Originated
0.0%
Denial Rate
$1,610,909
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 22 20 0 $1,610,909

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Amalgamated Bank of chicago (LEI: 2549009SLV9L2AAN3089) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Refinancing 15 13 $1,629,667
Home Purchase 6 6 $1,803,333
Home Improvement 1 1 $175,000

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Frequently Asked Questions

How many mortgage applications did Amalgamated Bank of chicago process?
Amalgamated Bank of chicago processed 22 mortgage applications in the 2024 HMDA reporting year. Of these, 20 were originated (approved and funded), 2 were withdrawn by the applicant, and 0 were denied.
What is Amalgamated Bank of chicago's mortgage approval rate?
Amalgamated Bank of chicago has an approval (origination) rate of 90.9%, meaning 90.9% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at Amalgamated Bank of chicago?
The average mortgage loan amount at Amalgamated Bank of chicago is $1,610,909.
What types of mortgage loans does Amalgamated Bank of chicago offer?
Amalgamated Bank of chicago processes Conventional loans. The most common type is Conventional with 22 applications and an average loan amount of $1,610,909.
What loan purposes does Amalgamated Bank of chicago serve?
Amalgamated Bank of chicago serves the following loan purposes: Refinancing (15 applications), Home Purchase (6 applications), Home Improvement (1 applications). Refinancing is the most common purpose.
Where is Amalgamated Bank of chicago located?
Amalgamated Bank of chicago is headquartered in Chicago, IL. The lender is identified by LEI 2549009SLV9L2AAN3089 in HMDA data.

Data Sources

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.