Alexandria, LA Metro Area Mortgage Lenders & HMDA Data, 2021

In 2021, lenders reported 7,447 mortgage applications in Alexandria, LA metro area totaling $1.3 billion, up 6% from 2020. The average application was for $175,647, and applicants reported an average income of $89,000. 54% of applications resulted in an originated loan and 14% were denied. The most active lender was Red River Bank, with 907 applications, followed by 21st Mortgage and Fairway Independent Mort Corp.

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Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 7,447
Total Mortgage Loan Application Amount $1,308,045,000
Average Mortgage Loan Application Amount $175,647
Highest Mortgage Loan Application Amount $8,705,000
Average Applicant Income $89,000
Highest Applicant Income $6,023,000
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Top Mortgage Lenders in Alexandria, LA Metro Area (2021)

Ranked by the number of mortgage applications each lender reported in Alexandria, LA metro area in 2021.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Red River Bank
Alexandria, LA
907 $184,175,000 $203,000 $128,000
2 21st Mortgage
Knoxville, TN
297 $32,545,000 $109,000 $60,000
3 Fairway Independent Mort Corp
Madison, WI
282 $54,880,000 $194,000 $80,000
4 Freedom Mortgage Corporation
Boca Raton, FL
279 $48,745,000 $174,000 $84,000
5 Guild Mortgage Company
San Diego, CA
263 $43,255,000 $164,000 $68,000
6 PennyMac Loan Services LLC
Westlake Village, CA
255 $48,345,000 $189,000 $81,000
7 Gmfs, LLC
Baton Rouge, LA
245 $49,185,000 $200,000 $81,000
8 Evangeline Bank & Trust Company
Ville Platte, LA
218 $34,090,000 $156,000 $106,000
9 Primary Residential Mortgage, Inc.
Salt Lake City, UT
212 $39,670,000 $187,000 $57,000
10 Standard Mortgage Corporation
New Orleans, LA
193 $35,345,000 $183,000 $98,000

See every lender active in Alexandria, LA metro area in 2021 »

The tables below break down 2021 mortgage applications in Alexandria, LA metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Alexandria, LA 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
Home Purchase 3,634 $639,290,000 $175,000 $3,445,000 $83,000 $1,279,000
Refinancing 2,570 $470,930,000 $183,000 $4,735,000 $94,000 $6,023,000
Cash-out Refinancing 921 $158,515,000 $172,000 $755,000 $90,000 $2,655,000
Other Purpose 161 $16,685,000 $103,000 $605,000 $122,000 $1,160,000
Home Improvement 112 $8,090,000 $72,000 $405,000 $117,000 $1,320,000
Not Applicable 49 $14,535,000 $296,000 $8,705,000 $36,000 $73,000

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 4,580 $790,640,000 $172,000 $1,165,000 $93,000 $1,534,000
Black or African American 1,157 $182,295,000 $157,000 $915,000 $66,000 $900,000
Not applicable 778 $169,450,000 $217,000 $8,705,000 $148,000 $389,000
Not Provided 677 $118,765,000 $175,000 $815,000 $90,000 $6,023,000
Hispanic 94 $18,610,000 $197,000 $1,205,000 $99,000 $1,066,000
Asian 82 $16,040,000 $195,000 $735,000 $129,000 $892,000
American Indian or Alaskan Native 56 $7,190,000 $128,000 $425,000 $74,000 $790,000
Native Hawaiian or Other Pacific Islander 2 $270,000 $135,000 $145,000 $136,000 $152,000

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) 4,666 $784,440,000 $168,000 $4,735,000 $100,000 $6,023,000
FHA-insured (Federal Housing Administration) 1,342 $237,240,000 $176,000 $8,705,000 $59,000 $300,000
VA-guaranteed (Veterans Administration) 1,001 $214,155,000 $213,000 $815,000 $77,000 $348,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 438 $72,210,000 $164,000 $305,000 $50,000 $112,000

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 4,012 $752,090,000 $187,000 $8,705,000 $96,000 $1,534,000
Application Denied By Financial Institution 1,057 $145,345,000 $137,000 $1,045,000 $70,000 $6,023,000
Application Withdrawn By Applicant 892 $159,950,000 $179,000 $1,205,000 $86,000 $1,279,000
Loan Purchased By The Institution 731 $134,625,000 $184,000 $595,000 $97,000 $600,000
File Closed For Incompleteness 489 $73,855,000 $151,000 $975,000 $83,000 $2,655,000
Application Approved But Not Accepted 255 $40,085,000 $157,000 $945,000 $80,000 $576,000
Preapproval Approved but not Accepted 8 $1,690,000 $211,000 $355,000 $72,000 $138,000
Preapproval Denied by Financial Institution 3 $405,000 $135,000 $185,000 $66,000 $92,000

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
Not applicable 6,024 $1,092,490,000 $181,000 $8,705,000 $92,000 $2,655,000
Debt-To-Income Ratio 631 $109,785,000 $173,000 $4,245,000 $69,000 $655,000
Credit History 400 $47,010,000 $117,000 $485,000 $68,000 $1,320,000
Credit Application Incomplete 123 $19,845,000 $161,000 $405,000 $126,000 $6,023,000
Collateral 99 $14,095,000 $142,000 $735,000 $89,000 $1,160,000
Other 69 $9,805,000 $142,000 $355,000 $68,000 $492,000
Unverifiable Information 53 $8,225,000 $155,000 $745,000 $80,000 $662,000
Insufficient Cash (Downpayment, Closing Cost) 24 $3,500,000 $145,000 $285,000 $52,000 $172,000
Employment History 23 $3,115,000 $135,000 $545,000 $48,000 $178,000
Mortgage Insurance Denied 1 $175,000 $175,000 $175,000 $84,000 $84,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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