Blaine County, OK Mortgage Lenders & HMDA Data, 2007

In 2007, lenders reported 313 mortgage applications in Blaine County, OK totaling $22.0 million, down 22% from 2006. The average application was for $70,000, and applicants reported an average income of $55,000. 27% of applications resulted in an originated loan and 34% were denied. The most active lender was Countrywide Home Loans, with 26 applications, followed by Beneficial Company LLC and Countrywide Bank FSB.

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Total Number of Mortgage Applications 313
Total Mortgage Loan Application Amount $22,015,000
Average Mortgage Loan Application Amount $70,000
Highest Mortgage Loan Application Amount $313,000
Average Applicant Income $55,000
Highest Applicant Income $212,000
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Top Mortgage Lenders in Blaine County, OK (2007)

Ranked by the number of mortgage applications each lender reported in Blaine County, OK in 2007.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Countrywide Home Loans
Westlake Village, CA
26 $2,124,000 $81,000 $56,000
2 Beneficial Company LLC
Mettawa, IL
24 $1,705,000 $71,000 $63,000
3 Countrywide Bank FSB
Westlake Village, CA
20 $1,424,000 $71,000 $55,000
4 Vanderbilt Mortgage
Maryville, TN
10 $662,000 $66,000 $39,000
5 JPMorgan Chase Bank, NA
Columbus, OH
10 $980,000 $98,000 $64,000
6 Bank of America, N.A.
Calabasas, CA
8 $430,000 $53,000 $34,000
7 Nationstar Mortgage
Coppell, TX
8 $684,000 $85,000 $49,000
8 Gmac Mortgage LLC
Ft. Washington, PA
8 $403,000 $50,000 $33,000
9 Eloan
Rosemont, IL
7 $534,000 $76,000 $37,000
10 Citicorp Trust Bank, FSB
New York, NY
6 $608,000 $101,000 $73,000

See every lender active in Blaine County, OK in 2007 »

The tables below break down 2007 mortgage applications in Blaine County, OK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Blaine County, OK 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
Refinancing 142 $10,798,000 $76,000 $300,000 $61,000 $180,000
Home Purchase 129 $9,548,000 $74,000 $313,000 $46,000 $180,000
Home Improvement 42 $1,669,000 $39,000 $243,000 $63,000 $212,000

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 228 $16,240,000 $71,000 $313,000 $58,000 $212,000
Not Provided 38 $2,778,000 $73,000 $297,000 $50,000 $159,000
Not applicable 18 $1,027,000 $57,000 $109,000 $19,000 $105,000
Black or African American 13 $1,053,000 $81,000 $150,000 $75,000 $138,000
American Indian or Alaskan Native 9 $370,000 $41,000 $90,000 $39,000 $86,000
Hispanic 4 $338,000 $84,000 $130,000 $43,000 $61,000
Native Hawaiian or Other Pacific Islander 2 $134,000 $67,000 $70,000 $73,000 $75,000
Asian 1 $75,000 $75,000 $75,000 $57,000 $57,000

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) 276 $19,216,000 $69,000 $313,000 $57,000 $212,000
FHA-insured (Federal Housing Administration) 34 $2,633,000 $77,000 $144,000 $40,000 $108,000
VA-guaranteed (Veterans Administration) 2 $122,000 $61,000 $61,000 $43,000 $44,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $44,000 $44,000 $44,000 $41,000 $41,000

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
Application Denied By Financial Institution 107 $7,153,000 $66,000 $300,000 $52,000 $180,000
Loan Originated 86 $6,155,000 $71,000 $256,000 $64,000 $159,000
Loan Purchased By The Institution 60 $4,332,000 $72,000 $309,000 $41,000 $180,000
Application Approved But Not Accepted 24 $1,678,000 $69,000 $313,000 $64,000 $180,000
Application Withdrawn By Applicant 22 $1,481,000 $67,000 $133,000 $63,000 $212,000
File Closed For Incompleteness 14 $1,216,000 $86,000 $297,000 $59,000 $132,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 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 31 $2,083,000 $67,000 $195,000 $48,000 $180,000
Collateral 12 $1,080,000 $90,000 $300,000 $56,000 $82,000
Debt-To-Income Ratio 6 $426,000 $71,000 $140,000 $81,000 $178,000
Credit Application Incomplete 4 $215,000 $53,000 $64,000 $31,000 $45,000
Other 3 $271,000 $90,000 $105,000 $57,000 $87,000
Unverifiable Information 1 $65,000 $65,000 $65,000 $55,000 $55,000
Insufficient Cash (Downpayment, Closing Cost) 1 $9,000 $9,000 $9,000 $26,000 $26,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

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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