In 2009, lenders reported 240 mortgage applications in Chicot County, AR totaling $22.7 million, up 36% from 2008. The average application was for $94,000, and applicants reported an average income of $81,000. 35% of applications resulted in an originated loan and 25% were denied. The most active lender was Simmons First National Bank, with 43 applications, followed by Wells Fargo Funding, Inc and Embrace Home Loans, Inc..
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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 | 240 |
| Total Mortgage Loan Application Amount | $22,674,000 |
| Average Mortgage Loan Application Amount | $94,000 |
| Highest Mortgage Loan Application Amount | $393,000 |
| Average Applicant Income | $81,000 |
| Highest Applicant Income | $3,000,000 |
| Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
|---|---|---|---|---|
| Simmons First National Bank 501 MAIN PINE BLUFF, AR 71601 |
* | $ 1,424,029,000 | 43 | $ 4,588,000 |
| Wells Fargo Funding, Inc 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 25 | $ 2,837,000 |
| Embrace Home Loans, Inc. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 16 | $ 1,276,000 |
| Bank of America, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 1,471,631,047,000 | 14 | $ 1,560,000 |
| Delta Trust & Bank P.O. BOX 37 PARKDALE, AR 71661 |
* | $ 242,810,000 | 11 | $ 279,000 |
| US Bank, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 261,775,591,000 | 9 | $ 734,000 |
| JPMorgan Chase Bank, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,746,242,000,000 | 8 | $ 832,000 |
| First Service Bank PO BOX 190 GREENBRIER, AR 72058 |
* | $ 219,617,000 | 8 | $ 108,000 |
| Wells Fargo Bank, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042 DES MOINES, IA 50328 |
* | $ 538,958,000,000 | 7 | $ 561,000 |
| Trustmark National Bank PO BOX 291 JACKSON, MS 39205 |
* | $ 9,657,261,000 | 6 | $ 607,000 |
| Suntrust Mortgage, Inc 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 185,098,787,000 | 6 | $ 1,189,000 |
| New Day Financial, Llc. 360 SOUTH ROSEMARY AVENUE SUITE 1900 WEST PALM BEACH, FL 33401 |
* | $ 4,088,336,000 | 6 | $ 334,000 |
| Guaranty Bank & Trust Company 210 N. HAYDEN STREET BELZONI, MS 39038 |
* | $ 491,797,000 | 5 | $ 462,000 |
| Citimortgage, Inc 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 5 | $ 392,000 |
| Citibank, N.A. 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,227,040,000,000 | 4 | $ 229,000 |
| Union Bank & Trust Co P O BOX 270 MONTICELLO, AR 71657 |
* | $ 180,252,000 | 4 | $ 116,000 |
| Citicorp Trust Bank, FSB 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 21,270,147,000 | 4 | $ 147,000 |
| Countrywide Bank FSB 30930 RUSSELL RANCH ROAD MS CA6-916-02-0 WESTLAKE VILLAGE, CA 91362 |
* | $ 117,978,966,000 | 3 | $ 502,000 |
| Fidelity Bank 100 E ENGLISH WICHITA, KS 67202 |
* | $ 1,853,520,000 | 3 | $ 81,000 |
| Regions Bank 1900 5TH AVENUE N - ALBH10903B BIRMINGHAM, AL 35203 |
* | $ 142,084,005,000 | 3 | $ 313,000 |
| The Carroll Mortgage Group, Inc. 9101 NORTH RODNEY PARHAM ROAD., STE 1 LITTLE ROCK, AR 72205 |
* | $ 10,000,000 | 3 | $ 109,000 |
| Moore Mortgage, Inc. 12418 CANTRELL ROAD LITTLE ROCK, AR 72223 |
* | $ 10,000,000 | 3 | $ 143,000 |
| Ally Bank F/K/A/ Gmac Bank 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 32,882,574,000 | 3 | $ 460,000 |
| Franklin American Mortgage Co 501 CORPORATE CENTRE DRIVE, SUITE 400 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 2 | $ 229,000 |
| Gmac Mortgage LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 2 | $ 130,000 |
| HSBC Bank USA, NA 1 HSBC CENTER - 24TH FLOOR BUFFALO, NY 14203 |
* | $ 181,604,079,000 | 2 | $ 297,000 |
| Fifth Third Mortgage Company 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 69,459,606,000 | 2 | $ 336,000 |
| Capital One NA 11130 INDUSTRIALPLEX BLVD BATON ROUGE, LA 70809 |
* | $ 115,142,306,000 | 2 | $ 8,000 |
| Colonial Savings, F. A. P. O. BOX 2988 FORT WORTH, TX 76113 |
* | $ 941,902,000 | 2 | $ 116,000 |
| Parkway Bank 3350 PINNACLE HILLS PARKWAY ROGERS, AR 72758 |
* | $ 130,180,000 | 2 | $ 18,000 |
| First Security Bank PO BOX 938 CONWAY, AR 72033 |
* | $ 2,420,553,000 | 2 | $ 93,000 |
| Community Bank of Mississippi 323 EAST THIRD STREET FLOWOOD, MS 39232 |
* | $ 644,923,000 | 1 | $ 203,000 |
| Bancorpsouth Bank P O BOX 789 TUPELO, MS 38802 |
* | $ 13,488,870,000 | 1 | $ 34,000 |
| Cb&S Bank 200 JACKSON AVE. S. RUSSELLVILLE, AL 35653 |
* | $ 1,339,327,000 | 1 | $ 175,000 |
| Great Southern Bank 218 S GLENSTONE AVE SPRINGFIELD, MO 65802 |
* | $ 2,657,417,000 | 1 | $ 29,000 |
| Spiritbank 1800 S BALTIMORE AVE STE 600 TULSA, OK 74119 |
* | $ 1,265,063,000 | 1 | $ 172,000 |
| Grand Bank for Saving, Sfsb 204 WESTOVER DRIVE HATTIESBURG, MS 39402 |
* | $ 133,025,000 | 1 | $ 237,000 |
| USAA Federal Savings Bank 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 32,584,979,000 | 1 | $ 230,000 |
| Arkansas Federal Credit Union 17500 CANTRELL LITTLE ROCK, AR 72223 |
* | $ 695,913,000 | 1 | $ 20,000 |
| Alliant Credit Union 11545 W TOUHY CHICAGO, IL 60666 |
* | $ 5,947,478,000 | 1 | $ 192,000 |
| One Bank & Trust, National Association 300 W CAPITOL AVE LITTLE ROCK, AR 72201 |
* | $ 424,989,000 | 1 | $ 156,000 |
| Bank of Little Rock Mortgage Corporation 15909 CANTRELL ROAD LITTLE ROCK, AR 72223 |
* | $ 148,469,000 | 1 | $ 175,000 |
| Fordyce Bank & Trust Company 200 WEST FOURTH ST FORDYCE, AR 71742 |
* | $ 104,702,000 | 1 | $ 42,000 |
| Suntrust Banks, Inc. P.O. BOX 4418, MAIL CODE 663 ATLANTA, GA 30302 |
* | $ 185,098,787,000 | 1 | $ 268,000 |
| Vanderbilt Mortgage 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ 31,000,000 | 1 | $ 35,000 |
| Shore Mortgage 770 S. ADAMS ROAD #300 BIRMINGHAM, MI 48009 |
* | $ 10,000,000 | 1 | $ 79,000 |
| Taylor, Bean & Whitaker 315 NE 14TH STREET OCALA, FL 34470 |
* | $ 10,000,000 | 1 | $ 47,000 |
| Affiliated Mortgage Company 1301 HUDSON LANE MONROE, LA 71201 |
* | $ 212,423,000 | 1 | $ 78,000 |
| The Mortgage Outlet, Inc. 1800 SANDY PLAINS PKWY. SUITE 304 MARIETTA, GA 30066 |
* | $ 10,000,000 | 1 | $ 158,000 |
| Amtec Funding Group, Llc. 3330 HARBOR BOULEVARD COSTA MESA, CA 92626 |
* | $ 10,000,000 | 1 | $ 322,000 |
| Tmg Real Estate & Financial 310 W. LIBERTY ST. STE 100 LOUISVILLE, KY 40202 |
* | $ 292,000 | 1 | $ 171,000 |
| Amerisave Mortgage Company 1200 ALTMORE AVENUE BUILDING 2 SUITE 300 SANDY SPRINGS, GA 30342 |
* | $ 8,994,122,000 | 1 | $ 181,000 |
| PHH Mortgage Corporation WEST PALM BEACH, FL 33409 |
* | $ 31,000,000 | 1 | $ 79,000 |
The tables below break down 2009 mortgage applications in Chicot County, AR by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.
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 | 132 | $15,098,000 | $114,000 | $342,000 | $108,000 | $3,000,000 |
| Home Purchase | 83 | $7,247,000 | $87,000 | $393,000 | $50,000 | $200,000 |
| Home Improvement | 25 | $329,000 | $13,000 | $45,000 | $43,000 | $128,000 |
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 | 137 | $14,595,000 | $106,000 | $393,000 | $102,000 | $3,000,000 |
| Black or African American | 67 | $3,579,000 | $53,000 | $250,000 | $46,000 | $149,000 |
| Not applicable | 25 | $3,334,000 | $133,000 | $336,000 | $56,000 | $645,000 |
| Not Provided | 8 | $930,000 | $116,000 | $322,000 | $69,000 | $192,000 |
| Hispanic | 2 | $133,000 | $66,000 | $105,000 | $32,000 | $39,000 |
| Asian | 1 | $103,000 | $103,000 | $103,000 | $432,000 | $432,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 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) | 155 | $15,406,000 | $99,000 | $393,000 | $99,000 | $3,000,000 |
| FHA-insured (Federal Housing Administration) | 67 | $5,454,000 | $81,000 | $204,000 | $47,000 | $130,000 |
| VA-guaranteed (Veterans Administration) | 14 | $1,493,000 | $106,000 | $258,000 | $61,000 | $135,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 4 | $321,000 | $80,000 | $181,000 | $29,000 | $44,000 |
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 | 83 | $7,366,000 | $88,000 | $342,000 | $76,000 | $679,000 |
| Loan Purchased By The Institution | 59 | $7,291,000 | $123,000 | $336,000 | $74,000 | $645,000 |
| Application Denied By Financial Institution | 59 | $4,369,000 | $74,000 | $393,000 | $49,000 | $200,000 |
| Application Withdrawn By Applicant | 23 | $2,219,000 | $96,000 | $227,000 | $71,000 | $192,000 |
| Application Approved But Not Accepted | 9 | $714,000 | $79,000 | $195,000 | $103,000 | $432,000 |
| File Closed For Incompleteness | 7 | $715,000 | $102,000 | $181,000 | $468,000 | $3,000,000 |
| 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 | 24 | $1,350,000 | $56,000 | $393,000 | $48,000 | $200,000 |
| Collateral | 10 | $608,000 | $60,000 | $210,000 | $48,000 | $126,000 |
| Debt-To-Income Ratio | 5 | $351,000 | $70,000 | $119,000 | $46,000 | $77,000 |
| Other | 2 | $155,000 | $77,000 | $103,000 | $86,000 | $140,000 |
| Unverifiable Information | 1 | $322,000 | $322,000 | $322,000 | $56,000 | $56,000 |
| Credit Application Incomplete | 1 | $244,000 | $244,000 | $244,000 | $96,000 | $96,000 |
| Employment History | 1 | $64,000 | $64,000 | $64,000 | $21,000 | $21,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $22,000 | $22,000 | $22,000 | $52,000 | $52,000 |
| Mortgage Insurance Denied | 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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