Arvest Bank Group Mortgage Lending & HMDA Data, 2004

In 2004, Arvest Bank Group of Tulsa, OK reported 15,466 mortgage applications totaling $636.2 million, up 34% from 2003. The average application was for $41,136, and applicants reported an average income of $46,258. 77% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Fayetteville-Springdale-Rogers, AR-MO (5,581), Tulsa, OK (1,744) and Oklahoma City, OK (1,494) (applications in parentheses).

Mortgage Company & Address Arvest Bank Group
4500 South Garnett Suit 440
Tulsa, OK 74146
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 15,466
Total Mortgage Loan Application Amount $636,217,000
Average Mortgage Loan Application Amount $41,136
Highest Mortgage Loan Application Amount $2,475,000
Average Applicant Income $46,258
Highest Applicant Income $5,001,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Arvest Bank Group filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Arvest Bank Group by County in 2004

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Benton, Arkansas 2,974 $ 144,982,000 $ 48,749 $ 67,000
Washington, Arkansas 2,364 $ 120,278,000 $ 50,879 $ 62,000
Tulsa, Oklahoma 1,301 $ 60,264,000 $ 46,321 $ 85,000
Pulaski, Arkansas 841 $ 35,335,000 $ 42,015 $ 66,000
Oklahoma, Oklahoma 716 $ 20,849,000 $ 29,118 $ 58,000
Sebastian, Arkansas 590 $ 24,567,000 $ 41,638 $ 43,000
Cleveland, Oklahoma 526 $ 16,358,000 $ 31,098 $ 53,000
Jasper, Missouri 330 $ 16,603,000 $ 50,312 $ 32,000
Washington, Oklahoma 304 $ 7,941,000 $ 26,121 $ 40,000
Comanche, Oklahoma 300 $ 12,949,000 $ 43,163 $ 46,000
Marion, Arkansas 277 $ 9,377,000 $ 33,851 $ 33,000
Madison, Arkansas 243 $ 11,225,000 $ 46,193 $ 32,000
Saline, Arkansas 242 $ 6,490,000 $ 26,818 $ 51,000
Pottawatomie, Oklahoma 205 $ 5,495,000 $ 26,804 $ 50,000
Le Flore, Oklahoma 204 $ 5,549,000 $ 27,200 $ 33,000
Faulkner, Arkansas 188 $ 9,681,000 $ 51,494 $ 53,000
Crawford, Arkansas 187 $ 7,169,000 $ 38,336 $ 37,000
McDonald, Missouri 186 $ 7,201,000 $ 38,715 $ 37,000
Baxter, Arkansas 175 $ 10,154,000 $ 58,022 $ 34,000
Newton, Missouri 172 $ 7,396,000 $ 43,000 $ 32,000
Stephens, Oklahoma 168 $ 6,249,000 $ 37,196 $ 48,000
Boone, Arkansas 158 $ 6,006,000 $ 38,012 $ 36,000
Wagoner, Oklahoma 149 $ 3,826,000 $ 25,677 $ 45,000
Delaware, Oklahoma 144 $ 3,766,000 $ 26,152 $ 35,000
Adair, Oklahoma 137 $ 5,189,000 $ 37,875 $ 31,000
Carroll, Arkansas 135 $ 4,076,000 $ 30,192 $ 35,000
Garland, Arkansas 132 $ 4,594,000 $ 34,803 $ 39,000
Nowata, Oklahoma 128 $ 3,988,000 $ 31,156 $ 33,000
Lonoke, Arkansas 106 $ 2,685,000 $ 25,330 $ 50,000
Sequoyah, Oklahoma 106 $ 2,071,000 $ 19,537 $ 38,000
Canadian, Oklahoma 95 $ 1,696,000 $ 17,852 $ 63,000
Conway, Arkansas 93 $ 2,752,000 $ 29,591 $ 36,000
Rogers, Oklahoma 93 $ 3,696,000 $ 39,741 $ 59,000
Pope, Arkansas 82 $ 1,388,000 $ 16,926 $ 41,000
Creek, Oklahoma 76 $ 2,795,000 $ 36,776 $ 48,000
Grady, Oklahoma 73 $ 2,006,000 $ 27,479 $ 31,000
Mayes, Oklahoma 71 $ 2,680,000 $ 37,746 $ 51,000
Okmulgee, Oklahoma 68 $ 1,470,000 $ 21,617 $ 39,000
Muskogee, Oklahoma 62 $ 1,454,000 $ 23,451 $ 33,000
Pittsburg, Oklahoma 57 $ 1,456,000 $ 25,543 $ 34,000
Logan, Arkansas 54 $ 1,069,000 $ 19,796 $ 33,000
Ottawa, Oklahoma 51 $ 1,785,000 $ 35,000 $ 34,000
Craig, Oklahoma 50 $ 1,285,000 $ 25,700 $ 31,000
McClain, Oklahoma 48 $ 1,019,000 $ 21,229 $ 53,000
Osage, Oklahoma 48 $ 805,000 $ 16,770 $ 39,000
McIntosh, Oklahoma 43 $ 980,000 $ 22,790 $ 39,000
Polk, Arkansas 40 $ 1,020,000 $ 25,500 $ 25,000
Stone, Missouri 32 $ 1,615,000 $ 50,468 $ 25,000
Johnson, Arkansas 30 $ 666,000 $ 22,200 $ 33,000
Barry, Missouri 30 $ 1,151,000 $ 38,366 $ 39,000
Cherokee, Oklahoma 27 $ 573,000 $ 21,222 $ 26,000
Pontotoc, Oklahoma 27 $ 505,000 $ 18,703 $ 48,000
Cotton, Oklahoma 24 $ 494,000 $ 20,583 $ 32,000
Yell, Arkansas 20 $ 741,000 $ 37,050 $ 62,000
Hot Spring, Arkansas 19 $ 223,000 $ 11,736 $ 49,000
Logan, Oklahoma 19 $ 448,000 $ 23,578 $ 42,000
Crawford, Kansas 17 $ 240,000 $ 14,117 $ 28,000
Lincoln, Oklahoma 17 $ 310,000 $ 18,235 $ 29,000
Cherokee, Kansas 15 $ 367,000 $ 24,466 $ 40,000
Haskell, Oklahoma 15 $ 157,000 $ 10,466 $ 61,000
Seminole, Oklahoma 15 $ 369,000 $ 24,600 $ 40,000
McCurtain, Oklahoma 14 $ 181,000 $ 12,928 $ 30,000
Franklin, Arkansas 13 $ 285,000 $ 21,923 $ 45,000
Caddo, Oklahoma 13 $ 285,000 $ 21,923 $ 32,000
Newton, Arkansas 12 $ 334,000 $ 27,833 $ 30,000
Bryan, Oklahoma 12 $ 102,000 $ 8,500 $ 53,000
Kingfisher, Oklahoma 12 $ 75,000 $ 6,250 $ 39,000
Perry, Arkansas 11 $ 144,000 $ 13,090 $ 47,000
Taney, Missouri 11 $ 424,000 $ 38,545 $ 36,000
White, Arkansas 10 $ 336,000 $ 33,600 $ 64,000
Pawnee, Oklahoma 9 $ 169,000 $ 18,777 $ 46,000
Payne, Oklahoma 9 $ 212,000 $ 23,555 $ 59,000
Jefferson, Arkansas 8 $ 184,000 $ 23,000 $ 62,000
Montgomery, Kansas 8 $ 126,000 $ 15,750 $ 29,000
Latimer, Oklahoma 8 $ 46,000 $ 5,750 $ 51,000
Montgomery, Arkansas 7 $ 332,000 $ 47,428 $ 65,000
Searcy, Arkansas 7 $ 146,000 $ 20,857 $ 33,000
Kay, Oklahoma 7 $ 38,000 $ 5,428 $ 41,000
Barton, Missouri 6 $ 206,000 $ 34,333 $ 31,000
Jefferson, Oklahoma 6 $ 226,000 $ 37,666 $ 47,000
Kiowa, Oklahoma 6 $ 225,000 $ 37,500 $ 33,000
Grant, Arkansas 5 $ 35,000 $ 7,000 $ 38,000
Scott, Arkansas 5 $ 116,000 $ 23,200 $ 92,000
Carter, Oklahoma 5 $ 200,000 $ 40,000 $ 73,000
Cleburne, Arkansas 4 $ 353,000 $ 88,250 $ 249,000
Izard, Arkansas 4 $ 152,000 $ 38,000 $ 38,000
Van Buren, Arkansas 4 $ 125,000 $ 31,250 $ 18,000
Craighead, Arkansas 3 $ 199,000 $ 66,333 $ 25,000
Fulton, Arkansas 3 $ 181,000 $ 60,333 $ 23,000
Monroe, Arkansas 3 $ 64,000 $ 21,333 $ 30,000
Greene, Missouri 3 $ 113,000 $ 37,666 $ 34,000
Lawrence, Missouri 3 $ 128,000 $ 42,666 $ 58,000
Alfalfa, Oklahoma 3 $ 16,000 $ 5,333 $ 33,000
Atoka, Oklahoma 3 $ 74,000 $ 24,666 $ 24,000
Beckham, Oklahoma 3 $ 39,000 $ 13,000 $ 49,000
Blaine, Oklahoma 3 $ 114,000 $ 38,000 $ 62,000
Garfield, Oklahoma 3 $ 29,000 $ 9,666 $ 45,000
Garvin, Oklahoma 3 $ 16,000 $ 5,333 $ 33,000
Jackson, Oklahoma 3 $ 72,000 $ 24,000 $ 76,000
Marshall, Oklahoma 3 $ 115,000 $ 38,333 $ 42,000
Murray, Oklahoma 3 $ 42,000 $ 14,000 $ 100,000
Dallas, Texas 3 $ 52,000 $ 17,333 $ 69,000
Clark, Arkansas 2 $ 20,000 $ 10,000 $ 41,000
Little River, Arkansas 2 $ 65,000 $ 32,500 $ 63,000
Pike, Arkansas 2 $ 28,000 $ 14,000 $ 28,000
Sharp, Arkansas 2 $ 103,000 $ 51,500 $ 44,000
Stone, Arkansas 2 $ 389,000 $ 194,500 $ 75,000
San Bernardino, California 2 $ 18,000 $ 9,000 $ 17,000
La Plata, Colorado 2 $ 1,237,000 $ 618,500 $ 100,000
Cook, Illinois 2 $ 180,000 $ 90,000 $ 20,000
Chautauqua, Kansas 2 $ 34,000 $ 17,000 $ 56,000
Labette, Kansas 2 $ 35,000 $ 17,500 $ 59,000
Harrison, Mississippi 2 $ 183,000 $ 91,500 $ 61,000
Christian, Missouri 2 $ 240,000 $ 120,000 $ 84,000
Polk, Missouri 2 $ 25,000 $ 12,500 $ 22,000
St. Louis, Missouri 2 $ 50,000 $ 25,000 $ 78,000
Webster, Missouri 2 $ 47,000 $ 23,500 $ 14,000
Choctaw, Oklahoma 2 $ 9,000 $ 4,500 $ 26,000
Hughes, Oklahoma 2 $ 20,000 $ 10,000 $ 25,000
Johnston, Oklahoma 2 $ 45,000 $ 22,500 $ 116,000
Noble, Oklahoma 2 $ 17,000 $ 8,500 $ 46,000
Okfuskee, Oklahoma 2 $ 11,000 $ 5,500 $ 41,000
Pushmataha, Oklahoma 2 $ 31,000 $ 15,500 $ 27,000
Harris, Texas 2 $ 47,000 $ 23,500 $ 57,000
Tarrant, Texas 2 $ 134,000 $ 67,000 $ 84,000
Baldwin, Alabama 1 $ 20,000 $ 20,000 $ 243,000
Fayette, Alabama 1 $ 3,000 $ 3,000 $ 48,000
Mobile, Alabama 1 $ 150,000 $ 150,000 $ 72,000
Maricopa, Arizona 1 $ 260,000 $ 260,000 $ 214,000
Ashley, Arkansas 1 $ 8,000 $ 8,000 $ 60,000
Dallas, Arkansas 1 $ 3,000 $ 3,000 $ 96,000
Hempstead, Arkansas 1 $ 65,000 $ 65,000 $ 17,000
Independence, Arkansas 1 $ 25,000 $ 25,000 $ 90,000
Ouachita, Arkansas 1 $ 15,000 $ 15,000 $ 75,000
Phillips, Arkansas 1 $ 2,000 $ 2,000 $ 9,000
Prairie, Arkansas 1 $ 5,000 $ 5,000 $ 25,000
Sevier, Arkansas 1 $ 35,000 $ 35,000 $ 19,000
Union, Arkansas 1 $ 2,000 $ 2,000 $ 6,000
Monterey, California 1 $ 2,475,000 $ 2,475,000 $ 45,000
Sacramento, California 1 $ 20,000 $ 20,000 $ 103,000
Santa Clara, California 1 $ 40,000 $ 40,000 $ 133,000
Ventura, California 1 $ 90,000 $ 90,000 $ 48,000
Custer, Colorado 1 $ 213,000 $ 213,000 $ 0
Jefferson, Colorado 1 $ 224,000 $ 224,000 $ 761,000
Broward, Florida 1 $ 175,000 $ 175,000 $ 41,000
Okaloosa, Florida 1 $ 1,000,000 $ 1,000,000 $ 811,000
Fulton, Georgia 1 $ 83,000 $ 83,000 $ 0
Gwinnett, Georgia 1 $ 158,000 $ 158,000 $ 51,000
Bureau, Illinois 1 $ 67,000 $ 67,000 $ 46,000
DeKalb, Illinois 1 $ 112,000 $ 112,000 $ 210,000
DuPage, Illinois 1 $ 150,000 $ 150,000 $ 35,000
Lake, Indiana 1 $ 136,000 $ 136,000 $ 57,000
Porter, Indiana 1 $ 3,000 $ 3,000 $ 14,000
Douglas, Kansas 1 $ 85,000 $ 85,000 $ 113,000
Osage, Kansas 1 $ 22,000 $ 22,000 $ 19,000
Sedgwick, Kansas 1 $ 25,000 $ 25,000 $ 62,000
Wyandotte, Kansas 1 $ 36,000 $ 36,000 $ 17,000
Orleans, Louisiana 1 $ 189,000 $ 189,000 $ 295,000
Oakland, Michigan 1 $ 15,000 $ 15,000 $ 120,000
Quitman, Mississippi 1 $ 16,000 $ 16,000 $ 14,000
Franklin, Missouri 1 $ 100,000 $ 100,000 $ 16,000
Howell, Missouri 1 $ 11,000 $ 11,000 $ 24,000
Jefferson, Missouri 1 $ 10,000 $ 10,000 $ 45,000
Platte, Missouri 1 $ 20,000 $ 20,000 $ 49,000
Pulaski, Missouri 1 $ 20,000 $ 20,000 $ 46,000
St. Francois, Missouri 1 $ 27,000 $ 27,000 $ 13,000
Vernon, Missouri 1 $ 2,000 $ 2,000 $ 57,000
Yellowstone, Montana 1 $ 96,000 $ 96,000 $ 126,000
Hillsborough, New Hampshire 1 $ 333,000 $ 333,000 $ 48,000
Rockingham, New Hampshire 1 $ 238,000 $ 238,000 $ 62,000
Socorro, New Mexico 1 $ 81,000 $ 81,000 $ 142,000
Durham, North Carolina 1 $ 86,000 $ 86,000 $ 30,000
Butler, Ohio 1 $ 75,000 $ 75,000 $ 120,000
Licking, Ohio 1 $ 15,000 $ 15,000 $ 95,000
Coal, Oklahoma 1 $ 6,000 $ 6,000 $ 12,000
Grant, Oklahoma 1 $ 8,000 $ 8,000 $ 33,000
Love, Oklahoma 1 $ 8,000 $ 8,000 $ 32,000
Tillman, Oklahoma 1 $ 40,000 $ 40,000 $ 25,000
Washita, Oklahoma 1 $ 4,000 $ 4,000 $ 30,000
Woods, Oklahoma 1 $ 21,000 $ 21,000 $ 78,000
Woodward, Oklahoma 1 $ 1,000 $ 1,000 $ 50,000
Shelby, Tennessee 1 $ 149,000 $ 149,000 $ 190,000
Grayson, Texas 1 $ 12,000 $ 12,000 $ 72,000
Hood, Texas 1 $ 50,000 $ 50,000 $ 64,000
Wichita, Texas 1 $ 70,000 $ 70,000 $ 173,000

Mortgage Loan Application Detail Totals for Arvest Bank Group in 2004

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
Home Improvement 9,068 $261,339,000 $73,583 $2,000,000 $68,583 $2,000,000
Refinancing 4,353 $250,397,000 $173,666 $2,475,000 $87,533 $2,722,000
Home Purchase 2,045 $124,481,000 $164,266 $2,000,000 $135,933 $5,001,000

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 12,514 $498,385,000 $132,055 $2,475,000 $110,611 $5,001,000
Not Provided 1,045 $30,042,000 $113,333 $1,000,000 $78,111 $1,500,000
Not applicable 747 $77,850,000 $68,000 $2,380,000 $9,600 $1,000,000
Black or African American 440 $9,172,000 $68,500 $500,000 $84,200 $1,000,000
Hispanic 312 $6,427,000 $28,000 $531,000 $61,800 $270,000
American Indian or Alaskan Native 277 $7,301,000 $27,250 $560,000 $40,250 $288,000
Asian 109 $6,014,000 $121,000 $519,000 $73,750 $4,715,000
Native Hawaiian or Other Pacific Islander 22 $1,026,000 $44,500 $206,000 $54,000 $205,000

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) 15,460 $636,110,000 $147,363 $2,475,000 $117,863 $5,001,000
FHA-insured (Federal Housing Administration) 6 $107,000 $15,000 $44,000 $43,500 $104,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $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 11,929 $546,902,000 $140,000 $2,475,000 $132,875 $5,001,000
Application Denied By Financial Institution 2,799 $59,105,000 $83,266 $552,000 $48,000 $540,000
Application Withdrawn By Applicant 738 $30,210,000 $176,000 $1,000,000 $140,857 $811,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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 1,777 $34,224,000 $85,727 $531,000 $42,090 $540,000
Debt-To-Income Ratio 862 $19,447,000 $42,454 $489,000 $49,545 $265,000
Collateral 79 $3,462,000 $34,000 $552,000 $43,750 $289,000
Employment History 67 $1,294,000 $32,800 $82,000 $53,800 $180,000
Other 7 $446,000 $59,500 $125,000 $50,000 $112,000
Unverifiable Information 4 $44,000 $9,000 $30,000 $35,000 $78,000
Credit Application Incomplete 3 $188,000 $59,500 $108,000 $38,500 $48,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Arvest Bank Group's 2004 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Arvest Bank Group's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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