Arkansas
Mortgage Loan Application
Totals and Details
in 2009

Find mortgage statistics and mortgage data for Arkansas.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2022 in all of Arkansas.
You can organize this information by metropolitan area and by county.

Years 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 159,208
Total Mortgage Loan Application Amount $20,427,511,000
Average Mortgage Loan Application Amount $128,000
Highest Mortgage Loan Application Amount $24,738,000
Average Applicant Income $68,000
Highest Applicant Income $9,126,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in Arkansas, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also be organized by various details about Mortgage Loan Applications for each year, with 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, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

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Mortgage Loan Application Detail Totals for Arkansas in 2009

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 90,603 $12,877,430,000 $142,000 $22,240,000 $73,000 $9,126,000
Home Purchase 57,813 $7,131,995,000 $123,000 $24,738,000 $59,000 $3,000,000
Home Improvement 10,792 $418,086,000 $38,000 $4,600,000 $65,000 $2,717,000

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 115,696 $15,003,036,000 $129,000 $3,000,000 $74,000 $5,203,000
Not applicable 16,468 $2,297,308,000 $139,000 $24,738,000 $36,000 $9,126,000
Black or African American 10,154 $1,043,825,000 $102,000 $1,056,000 $49,000 $1,500,000
Not Provided 10,004 $1,261,705,000 $126,000 $1,889,000 $74,000 $6,326,000
Hispanic 4,484 $468,600,000 $104,000 $1,600,000 $46,000 $892,000
Asian 1,608 $255,009,000 $158,000 $1,718,000 $84,000 $1,812,000
American Indian or Alaskan Native 634 $74,541,000 $117,000 $610,000 $65,000 $680,000
Native Hawaiian or Other Pacific Islander 160 $23,487,000 $146,000 $417,000 $74,000 $491,000

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) 98,858 $12,748,164,000 $128,000 $22,240,000 $81,000 $9,126,000
FHA-insured (Federal Housing Administration) 43,504 $5,523,003,000 $126,000 $24,738,000 $50,000 $1,558,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8,468 $875,795,000 $103,000 $800,000 $29,000 $426,000
VA-guaranteed (Veterans Administration) 8,378 $1,280,549,000 $152,000 $704,000 $41,000 $836,000

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 78,016 $10,081,356,000 $129,000 $22,240,000 $77,000 $6,326,000
Loan Purchased By The Institution 37,557 $5,069,673,000 $134,000 $3,311,000 $54,000 $9,126,000
Application Denied By Financial Institution 24,009 $2,679,272,000 $111,000 $8,300,000 $58,000 $2,065,000
Application Withdrawn By Applicant 12,698 $1,730,445,000 $136,000 $24,738,000 $70,000 $2,736,000
Application Approved But Not Accepted 4,117 $480,614,000 $116,000 $1,255,000 $68,000 $2,761,000
File Closed For Incompleteness 2,773 $381,966,000 $137,000 $1,443,000 $64,000 $3,000,000
Preapproval Denied by Financial Institution 38 $4,185,000 $110,000 $319,000 $51,000 $192,000
Preapproval Approved but not Accepted 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 6,267 $450,236,000 $71,000 $1,107,000 $50,000 $1,080,000
Collateral 3,397 $489,008,000 $143,000 $1,500,000 $80,000 $1,500,000
Debt-To-Income Ratio 2,882 $389,554,000 $135,000 $8,300,000 $47,000 $1,176,000
Other 1,242 $165,609,000 $133,000 $4,000,000 $75,000 $2,065,000
Credit Application Incomplete 832 $114,446,000 $137,000 $469,000 $67,000 $594,000
Unverifiable Information 519 $62,941,000 $121,000 $952,000 $66,000 $576,000
Insufficient Cash (Downpayment, Closing Cost) 386 $41,798,000 $108,000 $1,020,000 $56,000 $696,000
Employment History 207 $22,876,000 $110,000 $417,000 $45,000 $373,000
Mortgage Insurance Denied 37 $5,394,000 $145,000 $375,000 $89,000 $237,000
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Mortgage Loan Application Totals in 2009 by Arkansas Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 31,511 $ 4,701,292,000 $ 149,000 $ 80,000
FORT SMITH, AR-OK 10,928 $ 1,180,596,000 $ 108,000 $ 59,000
HOT SPRINGS, AR 5,849 $ 876,038,000 $ 149,000 $ 77,000
JONESBORO, AR 6,961 $ 861,907,000 $ 123,000 $ 67,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 51,136 $ 7,522,134,000 $ 147,000 $ 71,000
PINE BLUFF, AR 3,546 $ 342,358,000 $ 96,000 $ 56,000
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Mortgage Loan Application Totals in 2009 by Arkansas County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Arkansas 659 $ 61,428,000 $ 93,000 $ 64,000
Ashley 575 $ 51,024,000 $ 88,000 $ 57,000
Baxter 2,677 $ 328,735,000 $ 122,000 $ 58,000
Benton 17,849 $ 2,692,507,000 $ 150,000 $ 79,000
Boone 2,107 $ 221,723,000 $ 105,000 $ 58,000
Bradley 252 $ 21,521,000 $ 85,000 $ 54,000
Calhoun 97 $ 5,051,000 $ 52,000 $ 61,000
Carroll 1,417 $ 171,281,000 $ 120,000 $ 62,000
Chicot 240 $ 22,674,000 $ 94,000 $ 81,000
Clark 837 $ 79,103,000 $ 94,000 $ 56,000
Clay 356 $ 22,878,000 $ 64,000 $ 46,000
Cleburne 1,794 $ 256,019,000 $ 142,000 $ 93,000
Cleveland 306 $ 26,059,000 $ 85,000 $ 59,000
Columbia 892 $ 85,433,000 $ 95,000 $ 67,000
Conway 1,041 $ 106,247,000 $ 102,000 $ 57,000
Craighead 6,044 $ 798,279,000 $ 132,000 $ 70,000
Crawford 3,419 $ 359,696,000 $ 105,000 $ 54,000
Crittenden 2,251 $ 283,002,000 $ 125,000 $ 58,000
Cross 844 $ 70,517,000 $ 83,000 $ 54,000
Dallas 256 $ 15,953,000 $ 62,000 $ 48,000
Desha 234 $ 17,262,000 $ 73,000 $ 56,000
Drew 585 $ 54,646,000 $ 93,000 $ 64,000
Faulkner 8,561 $ 1,176,956,000 $ 137,000 $ 65,000
Franklin 902 $ 75,814,000 $ 84,000 $ 53,000
Fulton 352 $ 40,230,000 $ 114,000 $ 59,000
Garland 5,851 $ 876,244,000 $ 149,000 $ 77,000
Grant 894 $ 93,130,000 $ 104,000 $ 56,000
Greene 1,809 $ 179,770,000 $ 99,000 $ 55,000
Hempstead 749 $ 53,359,000 $ 71,000 $ 63,000
Hot Spring 1,276 $ 122,399,000 $ 95,000 $ 52,000
Howard 343 $ 31,434,000 $ 91,000 $ 61,000
Independence 1,171 $ 121,924,000 $ 104,000 $ 56,000
Izard 473 $ 42,025,000 $ 88,000 $ 57,000
Jackson 438 $ 29,333,000 $ 66,000 $ 50,000
Jefferson 2,943 $ 293,884,000 $ 99,000 $ 56,000
Johnson 1,193 $ 110,932,000 $ 92,000 $ 45,000
Lafayette 170 $ 11,698,000 $ 68,000 $ 55,000
Lawrence 529 $ 32,885,000 $ 62,000 $ 45,000
Lee 136 $ 7,155,000 $ 52,000 $ 52,000
Lincoln 300 $ 22,498,000 $ 74,000 $ 53,000
Little River 457 $ 35,807,000 $ 78,000 $ 58,000
Logan 918 $ 73,686,000 $ 80,000 $ 51,000
Lonoke 5,487 $ 705,556,000 $ 128,000 $ 57,000
Madison 635 $ 63,810,000 $ 100,000 $ 61,000
Marion 899 $ 84,679,000 $ 94,000 $ 51,000
Miller 1,953 $ 208,829,000 $ 106,000 $ 65,000
Mississippi 1,606 $ 140,144,000 $ 87,000 $ 58,000
Monroe 241 $ 12,232,000 $ 50,000 $ 50,000
Montgomery 314 $ 31,916,000 $ 101,000 $ 80,000
Nevada 159 $ 11,696,000 $ 73,000 $ 52,000
Newton 384 $ 30,875,000 $ 80,000 $ 55,000
Ouachita 787 $ 59,455,000 $ 75,000 $ 59,000
Perry 485 $ 49,361,000 $ 101,000 $ 54,000
Phillips 276 $ 22,422,000 $ 81,000 $ 54,000
Pike 246 $ 21,972,000 $ 89,000 $ 71,000
Poinsett 920 $ 63,754,000 $ 69,000 $ 49,000
Polk 550 $ 55,077,000 $ 100,000 $ 56,000
Pope 3,153 $ 338,440,000 $ 107,000 $ 51,000
Prairie 205 $ 13,573,000 $ 66,000 $ 56,000
Pulaski 27,256 $ 4,293,921,000 $ 157,000 $ 79,000
Randolph 860 $ 62,930,000 $ 73,000 $ 50,000
Saline 8,466 $ 1,204,324,000 $ 142,000 $ 62,000
Scott 304 $ 23,367,000 $ 76,000 $ 45,000
Searcy 384 $ 30,106,000 $ 78,000 $ 53,000
Sebastian 6,624 $ 746,524,000 $ 112,000 $ 62,000
Sevier 345 $ 32,200,000 $ 93,000 $ 65,000
Sharp 701 $ 62,434,000 $ 89,000 $ 57,000
St. Francis 721 $ 46,030,000 $ 63,000 $ 49,000
Stone 478 $ 50,510,000 $ 105,000 $ 57,000
Union 1,326 $ 140,252,000 $ 105,000 $ 67,000
Van Buren 827 $ 89,249,000 $ 107,000 $ 63,000
Washington 13,035 $ 1,945,538,000 $ 149,000 $ 83,000
White 4,092 $ 480,608,000 $ 117,000 $ 58,000
Woodruff 136 $ 10,372,000 $ 76,000 $ 45,000
Yell 823 $ 75,192,000 $ 91,000 $ 50,000

We hope these mortgage application details and statistics will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in Arkansas.

If you prefer, you can download a copy of the entire list of mortgage lenders in Arkansas and search similar information back through 2003.

Download the Arkansas Lender List