Calhoun County, AR Mortgage Lenders & HMDA Data, 2005

In 2005, lenders reported 144 mortgage applications in Calhoun County, AR totaling $6.7 million, down 23% from 2004. The average application was for $46,000, and applicants reported an average income of $48,000. 42% of applications resulted in an originated loan and 33% were denied. The most active lender was Fordyce Bank & Trust Company, with 21 applications, followed by Green Tree Servicing LLC and Bancorpsouth Bank.

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Total Number of Mortgage Applications 144
Total Mortgage Loan Application Amount $6,672,000
Average Mortgage Loan Application Amount $46,000
Highest Mortgage Loan Application Amount $150,000
Average Applicant Income $48,000
Highest Applicant Income $1,267,000

Mortgage Company List for Lending in Calhoun County, AR for 2005

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Fordyce Bank & Trust Company
200 WEST FOURTH ST
FORDYCE, AR 71742
* $ 92,094,000 21 $ 672,000
Green Tree Servicing LLC
345 ST. PETER STREET
ST. PAUL, MN 55102
* $ 31,000,000 11 $ 398,000
Bancorpsouth Bank
P O BOX 789
TUPELO, MS 38802
* $ 10,844,752,000 10 $ 357,000
Vanderbilt Mortgage
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 10 $ 393,000
Origen Financial Services LLC
27777 FRANKLIN ROAD SUITE 1710
SOUTHFIELD, MI 48034
* $ 10,000,000 7 $ 326,000
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 366,256,000,000 6 $ 273,000
Regions Bank
1900 5TH AVENUE N - ALBH10903B
BIRMINGHAM, AL 35203
* $ 49,210,377,000 5 $ 117,000
Chase Manhattan Bank USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 88,743,171,000 5 $ 208,000
Heartland Community Bank
4937 HIGHWAY 5 NORTH
BRYANT, AR 72022
* $ 97,513,000 4 $ 182,000
Ameriquest Mortgage Company
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 4 $ 290,000
Shelter Financial Bank
1817 W. BROADWAY
COLUMBIA, MO 65218
* $ 120,083,000 4 $ 167,000
Irwin Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 47037
* $ 4,870,451,000 4 $ 327,000
Washington Mutual Bank
227 EAST AVENUE
ALBION, NY 14411
* $ 272,927,502,000 4 $ 309,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 967,365,000,000 3 $ 94,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 3 $ 151,000
CU Factory Built Lending, LP
6061 IH-10 WEST
SAN ANTONIO, TX 78201
* $ 1,761,607,000 3 $ 84,000
Ge Money Bank
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 7,000,000,000 3 $ 116,000
Gmfs, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 2 $ 90,000
Citifinancial Mtg Co, Inc
4000 REGENT BLVD
IRVING, TX 75063
* $ 32,424,600,000 2 $ 156,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 128,495,705,000 2 $ 64,000
Homeowners Loan Corporation
4501 CIRCLE 75 PARKWAY, SUITE D-4300
ATLANTA, GA 30339
* $ 1,840,459,615,000 2 $ 119,000
The Mortgage Outlet, Inc.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 2 $ 67,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 2 $ 70,000
Novastar Mortgage
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 2 $ 140,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 2 $ 141,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 2 $ 126,000
Wr Starkey Mortgage LLP
6101 WEST PLANO PARKWAY
PLANO, TX 75093
* $ 10,000,000 1 $ 59,000
Webster Bank, N.A.
145 BANK ST
WATERBURY, CT 06702
* $ 16,802,248,000 1 $ 33,000
Wachovia Mortgage Corp
301 S COLLEGE ST
CHARLOTTE, NC 28202
* $ 2,687,938,000 1 $ 59,000
Option One Mortgage Corp
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 1 $ 140,000
New South Federal Savings Bank
1900 CRESTWOOD BOULEVARD
BIRMINGHAM, AL 35210
* $ 1,482,420,000 1 $ 45,000
Merrill Lynch Mortgage Lending
4 WORLD FINANCIAL CENTER, 12TH FLOOR
NEW YORK, NY 10280
* $ 19,717,040,000 1 $ 49,000
Moore Mortgage, Inc.
12418 CANTRELL ROAD
LITTLE ROCK, AR 72223
* $ 10,000,000 1 $ 53,000
United Built Homes, LLC
8500 LINE AVE
SHREVEPORT, LA 71106
* $ 59,713,000 1 $ 87,000
US Bank, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 194,436,638,000 1 $ 32,000
State Farm Bank
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 10,353,821,000 1 $ 59,000
Saxon Funding Management, Inc.
4860 COX ROAD
GLEN ALLEN, VA 23060
* $ 6,539,000,000,000 1 $ 148,000
Saxon Mortgage
4840 COX ROAD
GLEN ALLEN, VA 23060
* $ 10,000,000 1 $ 148,000
Indymac Bank, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 15,675,394,000 1 $ 45,000
H&R Block Mortgage Corporation
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 1 $ 53,000
Finance America
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 250,000,000 1 $ 60,000
First Horizon Home Loan Corp
4000 HORIZON WAY
IRVING, TX 75063
* $ 1,446,000,000 1 $ 29,000
First State Bank
P O BOX 966
CONWAY, AR 72033
* $ 460,041,000 1 $ 30,000
Argent Mortgage Company
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 1 $ 65,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 771,618,758,000 1 $ 41,000

The tables below break down 2005 mortgage applications in Calhoun County, AR by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Calhoun County, AR in 2005

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 73 $3,866,000 $52,000 $150,000 $60,000 $1,267,000
Home Purchase 58 $2,615,000 $45,000 $120,000 $32,000 $128,000
Home Improvement 13 $191,000 $14,000 $42,000 $50,000 $95,000

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 82 $3,914,000 $47,000 $150,000 $40,000 $104,000
Black or African American 24 $951,000 $39,000 $140,000 $38,000 $128,000
Not Provided 22 $1,068,000 $48,000 $82,000 $105,000 $1,267,000
Not applicable 14 $660,000 $47,000 $91,000 $0 $0
Hispanic 2 $79,000 $39,000 $61,000 $25,000 $28,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0

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) 138 $6,323,000 $45,000 $150,000 $49,000 $1,267,000
FHA-insured (Federal Housing Administration) 3 $121,000 $40,000 $60,000 $29,000 $41,000
VA-guaranteed (Veterans Administration) 2 $173,000 $86,000 $120,000 $62,000 $90,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $55,000 $55,000 $55,000 $0 $0

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 60 $2,611,000 $43,000 $150,000 $43,000 $104,000
Application Denied By Financial Institution 48 $2,089,000 $43,000 $120,000 $73,000 $1,267,000
Loan Purchased By The Institution 18 $956,000 $53,000 $148,000 $8,000 $42,000
Application Withdrawn By Applicant 8 $346,000 $43,000 $76,000 $36,000 $64,000
Application Approved But Not Accepted 8 $500,000 $62,000 $91,000 $31,000 $54,000
File Closed For Incompleteness 2 $170,000 $85,000 $88,000 $77,000 $77,000
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 11 $388,000 $35,000 $80,000 $28,000 $44,000
Other 6 $288,000 $48,000 $120,000 $244,000 $1,267,000
Debt-To-Income Ratio 4 $274,000 $68,000 $87,000 $57,000 $88,000
Credit Application Incomplete 4 $234,000 $58,000 $90,000 $67,000 $96,000
Collateral 3 $102,000 $34,000 $52,000 $89,000 $128,000
Insufficient Cash (Downpayment, Closing Cost) 1 $60,000 $60,000 $60,000 $41,000 $41,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 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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