Arkansas
Mortgage Loan Application
Totals and Details
in 2019

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 2003-2019 in all of Arkansas.
You can organize this information by metropolitan area and by county.

Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 128,860
Total Mortgage Loan Application Amount $20,769,110,000
Average Mortgage Loan Application Amount $161,000
Highest Mortgage Loan Application Amount $79,675,000
Average Applicant Income $90,000
Highest Applicant Income $9,778,000

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 2019

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 73,703 $12,693,405,000 $172,000 $79,675,000 $86,000 $5,145,000
Refinancing 24,010 $4,461,230,000 $185,000 $38,025,000 $108,000 $9,778,000
Cash-out Refinancing 15,540 $2,562,350,000 $164,000 $4,705,000 $82,000 $2,612,000
Other Purpose 7,156 $481,640,000 $67,000 $2,055,000 $96,000 $8,282,000
Home Improvement 6,389 $351,405,000 $55,000 $1,785,000 $88,000 $2,052,000
Not Applicable 2,062 $219,080,000 $106,000 $1,435,000 $112,000 $422,000

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 84,102 $12,744,870,000 $151,000 $3,605,000 $93,000 $9,778,000
Not applicable 17,023 $4,132,165,000 $242,000 $79,675,000 $86,000 $4,714,000
Not Provided 9,834 $1,516,510,000 $154,000 $2,965,000 $92,000 $5,065,000
Black or African American 8,734 $1,066,080,000 $122,000 $1,745,000 $66,000 $2,371,000
Hispanic 5,727 $720,915,000 $125,000 $1,555,000 $64,000 $3,975,000
Asian 1,957 $366,235,000 $187,000 $1,265,000 $116,000 $4,363,000
American Indian or Alaskan Native 1,027 $141,565,000 $137,000 $1,505,000 $82,000 $2,027,000
Native Hawaiian or Other Pacific Islander 115 $19,355,000 $168,000 $835,000 $90,000 $1,014,000

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) 85,747 $13,993,695,000 $163,000 $79,675,000 $101,000 $9,778,000
FHA-insured (Federal Housing Administration) 21,141 $3,034,175,000 $143,000 $26,615,000 $60,000 $1,020,000
VA-guaranteed (Veterans Administration) 14,439 $2,816,605,000 $195,000 $1,495,000 $71,000 $1,050,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 7,533 $924,635,000 $122,000 $2,055,000 $48,000 $2,027,000

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 67,818 $11,986,680,000 $176,000 $79,675,000 $96,000 $9,778,000
Application Denied By Financial Institution 20,296 $2,134,990,000 $105,000 $26,615,000 $71,000 $8,730,000
Loan Purchased By The Institution 19,898 $3,294,140,000 $165,000 $1,435,000 $94,000 $4,714,000
Application Withdrawn By Applicant 13,694 $2,378,770,000 $173,000 $45,505,000 $90,000 $2,640,000
File Closed For Incompleteness 4,457 $592,045,000 $132,000 $1,655,000 $77,000 $5,196,000
Application Approved But Not Accepted 2,675 $379,885,000 $142,000 $3,055,000 $90,000 $1,252,000
Preapproval Denied by Financial Institution 17 $1,955,000 $115,000 $235,000 $46,000 $139,000
Preapproval Approved but not Accepted 5 $645,000 $129,000 $185,000 $48,000 $69,000

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 101,725 $17,343,735,000 $170,000 $48,005,000 $93,000 $9,778,000
Debt-To-Income Ratio 12,141 $1,873,415,000 $154,000 $79,675,000 $78,000 $4,956,000
Credit History 7,784 $614,980,000 $79,000 $1,505,000 $69,000 $5,065,000
Collateral 2,865 $348,435,000 $121,000 $26,615,000 $98,000 $8,730,000
Credit Application Incomplete 1,557 $235,835,000 $151,000 $2,005,000 $89,000 $1,920,000
Other 1,321 $183,255,000 $138,000 $10,885,000 $79,000 $2,117,000
Unverifiable Information 831 $86,965,000 $104,000 $1,645,000 $90,000 $5,366,000
Insufficient Cash (Downpayment, Closing Cost) 372 $47,910,000 $128,000 $1,595,000 $77,000 $1,611,000
Employment History 256 $33,090,000 $129,000 $705,000 $52,000 $250,000
Mortgage Insurance Denied 8 $1,490,000 $186,000 $295,000 $78,000 $165,000
Download the Arkansas Lender List

Mortgage Loan Application Totals in 2019 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 30,823 $ 6,202,695,000 $ 201,000 $ 107,000
FORT SMITH, AR-OK 8,149 $ 1,100,915,000 $ 135,000 $ 79,000
HOT SPRINGS, AR 5,092 $ 788,940,000 $ 154,000 $ 96,000
JONESBORO, AR 6,246 $ 984,120,000 $ 157,000 $ 93,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 36,035 $ 6,521,295,000 $ 180,000 $ 95,000
PINE BLUFF, AR 2,455 $ 268,205,000 $ 109,000 $ 73,000
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Mortgage Loan Application Totals in 2019 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 482 $ 53,210,000 $ 110,000 $ 66,000
Ashley 448 $ 40,860,000 $ 91,000 $ 73,000
Baxter 2,085 $ 277,615,000 $ 133,000 $ 74,000
Benton 18,437 $ 3,813,925,000 $ 206,000 $ 108,000
Boone 1,496 $ 183,550,000 $ 122,000 $ 72,000
Bradley 188 $ 18,700,000 $ 99,000 $ 62,000
Calhoun 153 $ 13,915,000 $ 90,000 $ 70,000
Carroll 954 $ 137,110,000 $ 143,000 $ 77,000
Chicot 178 $ 18,020,000 $ 101,000 $ 107,000
Clark 597 $ 66,875,000 $ 112,000 $ 75,000
Clay 332 $ 27,570,000 $ 83,000 $ 65,000
Cleburne 1,391 $ 209,655,000 $ 150,000 $ 110,000
Cleveland 243 $ 25,335,000 $ 104,000 $ 90,000
Columbia 591 $ 74,995,000 $ 126,000 $ 78,000
Conway 803 $ 89,925,000 $ 111,000 $ 69,000
Craighead 5,579 $ 922,925,000 $ 165,000 $ 97,000
Crawford 2,596 $ 331,220,000 $ 127,000 $ 72,000
Crittenden 1,766 $ 231,050,000 $ 130,000 $ 74,000
Cross 609 $ 66,985,000 $ 109,000 $ 72,000
Dallas 133 $ 11,675,000 $ 87,000 $ 52,000
Desha 177 $ 15,835,000 $ 89,000 $ 72,000
Drew 487 $ 57,945,000 $ 118,000 $ 78,000
Faulkner 6,054 $ 1,024,920,000 $ 169,000 $ 88,000
Franklin 586 $ 61,720,000 $ 105,000 $ 65,000
Fulton 337 $ 40,365,000 $ 119,000 $ 66,000
Garland 5,112 $ 790,280,000 $ 154,000 $ 96,000
Grant 873 $ 113,555,000 $ 130,000 $ 70,000
Greene 1,979 $ 265,195,000 $ 134,000 $ 80,000
Hempstead 596 $ 54,650,000 $ 91,000 $ 69,000
Hot Spring 1,214 $ 125,590,000 $ 103,000 $ 69,000
Howard 422 $ 43,330,000 $ 102,000 $ 72,000
Independence 1,185 $ 143,135,000 $ 120,000 $ 78,000
Izard 410 $ 42,980,000 $ 104,000 $ 65,000
Jackson 437 $ 37,535,000 $ 85,000 $ 71,000
Jefferson 1,961 $ 218,525,000 $ 111,000 $ 72,000
Johnson 860 $ 91,480,000 $ 106,000 $ 64,000
Lafayette 160 $ 16,260,000 $ 101,000 $ 88,000
Lawrence 549 $ 45,385,000 $ 82,000 $ 63,000
Lee 101 $ 7,545,000 $ 74,000 $ 68,000
Lincoln 280 $ 25,820,000 $ 92,000 $ 62,000
Little River 426 $ 41,450,000 $ 97,000 $ 70,000
Logan 567 $ 64,735,000 $ 114,000 $ 67,000
Lonoke 4,219 $ 665,105,000 $ 157,000 $ 83,000
Madison 652 $ 84,730,000 $ 129,000 $ 67,000
Marion 749 $ 83,735,000 $ 111,000 $ 71,000
Miller 1,509 $ 206,425,000 $ 136,000 $ 76,000
Mississippi 1,076 $ 111,790,000 $ 103,000 $ 74,000
Monroe 140 $ 8,940,000 $ 63,000 $ 66,000
Montgomery 368 $ 37,630,000 $ 102,000 $ 86,000
Nevada 167 $ 13,615,000 $ 81,000 $ 61,000
Newton 237 $ 25,415,000 $ 107,000 $ 63,000
Ouachita 696 $ 69,370,000 $ 99,000 $ 68,000
Perry 340 $ 35,880,000 $ 105,000 $ 68,000
Phillips 209 $ 17,825,000 $ 85,000 $ 66,000
Pike 289 $ 27,785,000 $ 96,000 $ 83,000
Poinsett 675 $ 61,595,000 $ 91,000 $ 65,000
Polk 565 $ 63,725,000 $ 112,000 $ 72,000
Pope 2,443 $ 301,155,000 $ 123,000 $ 76,000
Prairie 215 $ 18,275,000 $ 85,000 $ 63,000
Pulaski 17,558 $ 3,647,440,000 $ 207,000 $ 107,000
Randolph 705 $ 74,225,000 $ 105,000 $ 72,000
Saline 7,047 $ 1,150,275,000 $ 163,000 $ 85,000
Scott 242 $ 23,810,000 $ 98,000 $ 63,000
Searcy 267 $ 21,625,000 $ 80,000 $ 62,000
Sebastian 4,999 $ 719,845,000 $ 143,000 $ 84,000
Sevier 493 $ 45,435,000 $ 92,000 $ 64,000
Sharp 632 $ 60,470,000 $ 95,000 $ 67,000
St. Francis 494 $ 42,380,000 $ 85,000 $ 71,000
Stone 380 $ 44,230,000 $ 116,000 $ 71,000
Union 1,310 $ 169,470,000 $ 129,000 $ 77,000
Van Buren 742 $ 75,070,000 $ 101,000 $ 69,000
Washington 11,760 $ 2,429,330,000 $ 206,000 $ 108,000
White 3,124 $ 414,350,000 $ 132,000 $ 75,000
Woodruff 146 $ 12,270,000 $ 84,000 $ 86,000
Yell 578 $ 62,540,000 $ 108,000 $ 65,000

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