Comanche County, OK Mortgage Lenders & HMDA Data, 2008

In 2008, lenders reported 6,573 mortgage applications in Comanche County, OK totaling $687.8 million, down 23% from 2007. The average application was for $104,000, and applicants reported an average income of $61,000. 49% of applications resulted in an originated loan and 22% were denied. The most active lender was Countrywide Bank FSB, with 603 applications, followed by Bank of Oklahoma, NA and Beneficial Company LLC.

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Total Number of Mortgage Applications 6,573
Total Mortgage Loan Application Amount $687,770,000
Average Mortgage Loan Application Amount $104,000
Highest Mortgage Loan Application Amount $2,000,000
Average Applicant Income $61,000
Highest Applicant Income $1,473,000
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Top Mortgage Lenders in Comanche County, OK (2008)

Ranked by the number of mortgage applications each lender reported in Comanche County, OK in 2008.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Countrywide Bank FSB
Westlake Village, CA
603 $69,010,000 $114,000 $62,000
2 Bank of Oklahoma, NA
Tulsa, OK
488 $61,526,000 $126,000 $69,000
3 Beneficial Company LLC
Mettawa, IL
466 $43,011,000 $92,000 $67,000
4 Citimortgage, Inc
New York, NY
360 $43,969,000 $122,000 $59,000
5 Liberty National Bank
Lawton, OK
310 $20,657,000 $66,000 $87,000
6 First Mortgage Company, L.L.C.
Oklahoma City, OK
270 $36,541,000 $135,000 $51,000
7 Gmac Mortgage LLC
Ft. Washington, PA
231 $25,586,000 $110,000 $38,000
8 USAA Federal Savings Bank
San Antonio, TX
222 $26,616,000 $119,000 $72,000
9 Bancfirst
Oklahoma City, OK
200 $14,227,000 $71,000 $70,000
10 JPMorgan Chase Bank, NA
Columbus, OH
194 $21,574,000 $111,000 $44,000

See every lender active in Comanche County, OK in 2008 »

The tables below break down 2008 mortgage applications in Comanche 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 Comanche County, OK in 2008

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 2,972 $323,182,000 $108,000 $700,000 $65,000 $1,473,000
Home Purchase 2,744 $330,902,000 $120,000 $475,000 $56,000 $1,000,000
Home Improvement 857 $33,686,000 $39,000 $2,000,000 $65,000 $720,000

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 3,730 $378,885,000 $101,000 $700,000 $69,000 $1,000,000
Black or African American 775 $87,621,000 $113,000 $432,000 $61,000 $233,000
Not applicable 731 $88,595,000 $121,000 $2,000,000 $21,000 $237,000
Not Provided 643 $62,679,000 $97,000 $465,000 $61,000 $1,473,000
Hispanic 368 $38,245,000 $103,000 $364,000 $63,000 $881,000
American Indian or Alaskan Native 178 $15,174,000 $85,000 $271,000 $65,000 $555,000
Asian 107 $12,156,000 $113,000 $700,000 $89,000 $266,000
Native Hawaiian or Other Pacific Islander 41 $4,415,000 $107,000 $251,000 $57,000 $129,000

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) 4,072 $367,258,000 $90,000 $2,000,000 $69,000 $1,473,000
VA-guaranteed (Veterans Administration) 1,276 $184,809,000 $144,000 $417,000 $49,000 $225,000
FHA-insured (Federal Housing Administration) 1,215 $134,192,000 $110,000 $364,000 $51,000 $555,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 10 $1,511,000 $151,000 $400,000 $43,000 $140,000

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 3,196 $333,092,000 $104,000 $2,000,000 $69,000 $1,473,000
Application Denied By Financial Institution 1,463 $130,271,000 $89,000 $700,000 $60,000 $720,000
Loan Purchased By The Institution 1,090 $135,479,000 $124,000 $417,000 $37,000 $257,000
Application Withdrawn By Applicant 538 $60,485,000 $112,000 $465,000 $65,000 $410,000
Application Approved But Not Accepted 169 $14,182,000 $83,000 $417,000 $68,000 $330,000
File Closed For Incompleteness 117 $14,261,000 $121,000 $700,000 $87,000 $730,000
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 294 $16,668,000 $56,000 $232,000 $55,000 $326,000
Collateral 125 $12,336,000 $98,000 $414,000 $63,000 $210,000
Debt-To-Income Ratio 84 $10,041,000 $119,000 $332,000 $61,000 $200,000
Other 78 $8,387,000 $107,000 $364,000 $63,000 $284,000
Credit Application Incomplete 37 $4,020,000 $108,000 $380,000 $57,000 $198,000
Unverifiable Information 27 $2,542,000 $94,000 $223,000 $92,000 $720,000
Insufficient Cash (Downpayment, Closing Cost) 10 $944,000 $94,000 $149,000 $49,000 $75,000
Mortgage Insurance Denied 4 $362,000 $90,000 $176,000 $47,000 $63,000
Employment History 2 $117,000 $58,000 $70,000 $32,000 $35,000

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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