Iberville Parish, LA Mortgage Lenders & HMDA Data, 2009

In 2009, lenders reported 1,338 mortgage applications in Iberville Parish, LA totaling $163.0 million, down 6% from 2008. The average application was for $121,000, and applicants reported an average income of $69,000. 48% of applications resulted in an originated loan and 19% were denied. The most active lender was First Financial Bank and Trust, with 94 applications, followed by Plaquemine Bank and Trust Company and Bank of America, N.A..

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Total Number of Mortgage Applications 1,338
Total Mortgage Loan Application Amount $163,040,000
Average Mortgage Loan Application Amount $121,000
Highest Mortgage Loan Application Amount $996,000
Average Applicant Income $69,000
Highest Applicant Income $2,054,000
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Top Mortgage Lenders in Iberville Parish, LA (2009)

Ranked by the number of mortgage applications each lender reported in Iberville Parish, LA in 2009.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 First Financial Bank and Trust
Plaquemine, LA
94 $10,540,000 $112,000 $71,000
2 Plaquemine Bank and Trust Company
Plaquemine, LA
89 $3,999,000 $44,000 $70,000
3 Bank of America, N.A.
Calabasas, CA
89 $14,946,000 $167,000 $78,000
4 Citizens Bank & Trust Company
Baton Rouge, LA
79 $3,708,000 $46,000 $49,000
5 JPMorgan Chase Bank, NA
Columbus, OH
77 $12,608,000 $163,000 $65,000
6 Wells Fargo Bank, NA
Des Moines, IA
69 $9,896,000 $143,000 $86,000
7 Iberville Bank
Plaquemine, LA
53 $2,386,000 $45,000 $50,000
8 Embrace Home Loans, Inc.
Middletown, RI
40 $5,240,000 $131,000 $56,000
9 Wells Fargo Funding, Inc
Winston-Salem, NC
39 $7,014,000 $179,000 $80,000
10 Citicorp Trust Bank, FSB
New York, NY
36 $4,476,000 $124,000 $63,000

See every lender active in Iberville Parish, LA in 2009 »

The tables below break down 2009 mortgage applications in Iberville Parish, LA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Iberville Parish, LA in 2009

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 809 $111,140,000 $137,000 $996,000 $77,000 $2,054,000
Home Purchase 373 $45,448,000 $121,000 $450,000 $55,000 $284,000
Home Improvement 156 $6,452,000 $41,000 $743,000 $61,000 $613,000

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 813 $104,802,000 $128,000 $996,000 $80,000 $2,054,000
Black or African American 313 $30,005,000 $95,000 $356,000 $54,000 $270,000
Not Provided 96 $13,338,000 $138,000 $697,000 $62,000 $239,000
Not applicable 94 $11,762,000 $125,000 $542,000 $27,000 $141,000
Hispanic 14 $1,521,000 $108,000 $217,000 $61,000 $133,000
American Indian or Alaskan Native 6 $814,000 $135,000 $225,000 $65,000 $114,000
Asian 1 $90,000 $90,000 $90,000 $45,000 $45,000
Native Hawaiian or Other Pacific Islander 1 $708,000 $708,000 $708,000 $898,000 $898,000

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) 994 $115,046,000 $115,000 $996,000 $74,000 $2,054,000
FHA-insured (Federal Housing Administration) 246 $34,048,000 $138,000 $275,000 $60,000 $300,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 82 $11,483,000 $140,000 $257,000 $37,000 $72,000
VA-guaranteed (Veterans Administration) 16 $2,463,000 $153,000 $333,000 $52,000 $100,000

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 643 $71,704,000 $111,000 $950,000 $75,000 $2,054,000
Application Denied By Financial Institution 256 $30,967,000 $120,000 $996,000 $65,000 $490,000
Loan Purchased By The Institution 231 $32,148,000 $139,000 $417,000 $53,000 $258,000
Application Withdrawn By Applicant 118 $15,403,000 $130,000 $708,000 $77,000 $898,000
Application Approved But Not Accepted 46 $6,279,000 $136,000 $300,000 $69,000 $235,000
File Closed For Incompleteness 44 $6,539,000 $148,000 $360,000 $75,000 $276,000
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 75 $6,877,000 $91,000 $417,000 $66,000 $480,000
Debt-To-Income Ratio 44 $4,701,000 $106,000 $277,000 $50,000 $120,000
Collateral 32 $6,126,000 $191,000 $743,000 $88,000 $339,000
Other 15 $3,027,000 $201,000 $996,000 $90,000 $490,000
Credit Application Incomplete 9 $1,724,000 $191,000 $290,000 $89,000 $276,000
Unverifiable Information 5 $746,000 $149,000 $417,000 $124,000 $360,000
Employment History 4 $266,000 $66,000 $180,000 $54,000 $127,000
Insufficient Cash (Downpayment, Closing Cost) 1 $100,000 $100,000 $100,000 $73,000 $73,000
Mortgage Insurance Denied 1 $83,000 $83,000 $83,000 $64,000 $64,000

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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