Arvest Bank Group Mortgage Lending & HMDA Data, 2005

In 2005, Arvest Bank Group of Tulsa, OK reported 14,670 mortgage applications totaling $625.2 million, down 5% from 2004. The average application was for $42,617, and applicants reported an average income of $52,966. 76% of its applications resulted in an originated loan and 19% were denied. Its largest markets were Fayetteville-Springdale-Rogers, AR-MO (5,333), Tulsa, OK (1,525) and Oklahoma City, OK (1,364) (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 14,670
Total Mortgage Loan Application Amount $625,200,000
Average Mortgage Loan Application Amount $42,617
Highest Mortgage Loan Application Amount $1,704,000
Average Applicant Income $52,966
Highest Applicant Income $9,999,000

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Act (HMDA) records Arvest Bank Group filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2005

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Benton, Arkansas 3,083 $ 159,600,000 $ 51,767 $ 71,000
Washington, Arkansas 2,034 $ 111,470,000 $ 54,803 $ 68,000
Tulsa, Oklahoma 1,122 $ 46,754,000 $ 41,670 $ 80,000
Pulaski, Arkansas 820 $ 29,835,000 $ 36,384 $ 60,000
Oklahoma, Oklahoma 698 $ 20,392,000 $ 29,214 $ 69,000
Sebastian, Arkansas 594 $ 27,535,000 $ 46,355 $ 43,000
Cleveland, Oklahoma 421 $ 14,789,000 $ 35,128 $ 58,000
Washington, Oklahoma 308 $ 8,123,000 $ 26,373 $ 42,000
Jasper, Missouri 280 $ 11,921,000 $ 42,575 $ 46,000
Crawford, Arkansas 237 $ 7,975,000 $ 33,649 $ 52,000
Saline, Arkansas 235 $ 8,241,000 $ 35,068 $ 67,000
Comanche, Oklahoma 218 $ 8,767,000 $ 40,215 $ 66,000
Madison, Arkansas 216 $ 8,265,000 $ 38,263 $ 39,000
Marion, Arkansas 215 $ 7,677,000 $ 35,706 $ 29,000
Le Flore, Oklahoma 214 $ 5,682,000 $ 26,551 $ 40,000
Faulkner, Arkansas 179 $ 9,548,000 $ 53,340 $ 59,000
McDonald, Missouri 165 $ 5,615,000 $ 34,030 $ 52,000
Stephens, Oklahoma 159 $ 5,458,000 $ 34,327 $ 38,000
Baxter, Arkansas 154 $ 7,381,000 $ 47,928 $ 44,000
Carroll, Arkansas 153 $ 5,519,000 $ 36,071 $ 39,000
Pottawatomie, Oklahoma 144 $ 5,080,000 $ 35,277 $ 43,000
Newton, Missouri 142 $ 6,327,000 $ 44,556 $ 53,000
Wagoner, Oklahoma 138 $ 3,700,000 $ 26,811 $ 53,000
Boone, Arkansas 131 $ 5,985,000 $ 45,687 $ 36,000
Garland, Arkansas 130 $ 4,867,000 $ 37,438 $ 68,000
Adair, Oklahoma 124 $ 3,800,000 $ 30,645 $ 36,000
Delaware, Oklahoma 118 $ 4,128,000 $ 34,983 $ 103,000
Nowata, Oklahoma 109 $ 4,036,000 $ 37,027 $ 42,000
Creek, Oklahoma 106 $ 3,781,000 $ 35,669 $ 55,000
Mayes, Oklahoma 100 $ 2,460,000 $ 24,600 $ 50,000
Craig, Oklahoma 99 $ 3,865,000 $ 39,040 $ 51,000
Sequoyah, Oklahoma 99 $ 2,760,000 $ 27,878 $ 47,000
Pope, Arkansas 98 $ 2,704,000 $ 27,591 $ 40,000
Muskogee, Oklahoma 92 $ 2,156,000 $ 23,434 $ 50,000
Canadian, Oklahoma 84 $ 1,401,000 $ 16,678 $ 59,000
Conway, Arkansas 81 $ 2,900,000 $ 35,802 $ 37,000
Lonoke, Arkansas 80 $ 2,919,000 $ 36,487 $ 75,000
Grady, Oklahoma 79 $ 2,462,000 $ 31,164 $ 46,000
Ottawa, Oklahoma 72 $ 1,740,000 $ 24,166 $ 52,000
Rogers, Oklahoma 71 $ 3,382,000 $ 47,633 $ 80,000
Logan, Arkansas 66 $ 2,445,000 $ 37,045 $ 41,000
Johnson, Arkansas 60 $ 1,860,000 $ 31,000 $ 46,000
Pittsburg, Oklahoma 53 $ 1,337,000 $ 25,226 $ 48,000
Polk, Arkansas 52 $ 1,683,000 $ 32,365 $ 28,000
Osage, Oklahoma 49 $ 1,133,000 $ 23,122 $ 58,000
Stone, Missouri 43 $ 1,824,000 $ 42,418 $ 38,000
McClain, Oklahoma 40 $ 1,220,000 $ 30,500 $ 56,000
McIntosh, Oklahoma 39 $ 835,000 $ 21,410 $ 40,000
Barry, Missouri 33 $ 2,170,000 $ 65,757 $ 45,000
Okmulgee, Oklahoma 31 $ 967,000 $ 31,193 $ 43,000
Logan, Oklahoma 30 $ 1,094,000 $ 36,466 $ 53,000
Pontotoc, Oklahoma 29 $ 950,000 $ 32,758 $ 50,000
Cherokee, Oklahoma 25 $ 1,350,000 $ 54,000 $ 42,000
Haskell, Oklahoma 23 $ 383,000 $ 16,652 $ 46,000
Franklin, Arkansas 22 $ 627,000 $ 28,500 $ 63,000
Cherokee, Kansas 21 $ 448,000 $ 21,333 $ 44,000
Hot Spring, Arkansas 20 $ 231,000 $ 11,550 $ 38,000
Perry, Arkansas 20 $ 352,000 $ 17,600 $ 32,000
Cleburne, Arkansas 18 $ 2,393,000 $ 132,944 $ 14,000
Dallas, Texas 16 $ 288,000 $ 18,000 $ 115,000
Yell, Arkansas 15 $ 443,000 $ 29,533 $ 40,000
Taney, Missouri 15 $ 561,000 $ 37,400 $ 102,000
Newton, Arkansas 14 $ 226,000 $ 16,142 $ 27,000
Cotton, Oklahoma 14 $ 312,000 $ 22,285 $ 36,000
McCurtain, Oklahoma 14 $ 118,000 $ 8,428 $ 43,000
Lincoln, Oklahoma 12 $ 238,000 $ 19,833 $ 46,000
Montgomery, Arkansas 11 $ 605,000 $ 55,000 $ 39,000
White, Arkansas 11 $ 391,000 $ 35,545 $ 68,000
Crawford, Kansas 10 $ 124,000 $ 12,400 $ 30,000
Caddo, Oklahoma 10 $ 406,000 $ 40,600 $ 39,000
Seminole, Oklahoma 10 $ 186,000 $ 18,600 $ 40,000
Grant, Arkansas 9 $ 173,000 $ 19,222 $ 60,000
Jefferson, Arkansas 9 $ 90,000 $ 10,000 $ 97,000
Kingfisher, Oklahoma 8 $ 73,000 $ 9,125 $ 53,000
Pawnee, Oklahoma 8 $ 155,000 $ 19,375 $ 118,000
Payne, Oklahoma 7 $ 344,000 $ 49,142 $ 29,000
Stone, Arkansas 6 $ 503,000 $ 83,833 $ 44,000
Searcy, Arkansas 5 $ 158,000 $ 31,600 $ 33,000
Van Buren, Arkansas 5 $ 84,000 $ 16,800 $ 32,000
Barton, Missouri 5 $ 100,000 $ 20,000 $ 32,000
Latimer, Oklahoma 5 $ 116,000 $ 23,200 $ 54,000
Tarrant, Texas 5 $ 117,000 $ 23,400 $ 145,000
Scott, Arkansas 4 $ 241,000 $ 60,250 $ 41,000
Bryan, Oklahoma 4 $ 21,000 $ 5,250 $ 36,000
Carter, Oklahoma 4 $ 268,000 $ 67,000 $ 152,000
Denton, Texas 4 $ 430,000 $ 107,500 $ 145,000
Clark, Arkansas 3 $ 33,000 $ 11,000 $ 28,000
Fulton, Arkansas 3 $ 17,000 $ 5,666 $ 21,000
Sevier, Arkansas 3 $ 21,000 $ 7,000 $ 51,000
Sharp, Arkansas 3 $ 29,000 $ 9,666 $ 54,000
Johnson, Kansas 3 $ 445,000 $ 148,333 $ 65,000
Lawrence, Missouri 3 $ 10,000 $ 3,333 $ 57,000
Garfield, Oklahoma 3 $ 87,000 $ 29,000 $ 78,000
Garvin, Oklahoma 3 $ 62,000 $ 20,666 $ 21,000
Hughes, Oklahoma 3 $ 28,000 $ 9,333 $ 83,000
Jackson, Oklahoma 3 $ 54,000 $ 18,000 $ 69,000
Maricopa, Arizona 2 $ 373,000 $ 186,500 $ 70,000
Independence, Arkansas 2 $ 12,000 $ 6,000 $ 180,000
Jackson, Arkansas 2 $ 187,000 $ 93,500 $ 46,000
Prairie, Arkansas 2 $ 34,000 $ 17,000 $ 34,000
Union, Arkansas 2 $ 52,000 $ 26,000 $ 12,000
Woodruff, Arkansas 2 $ 50,000 $ 25,000 $ 46,000
Riverside, California 2 $ 104,000 $ 52,000 $ 133,000
Eagle, Colorado 2 $ 330,000 $ 165,000 $ 457,000
La Plata, Colorado 2 $ 1,237,000 $ 618,500 $ 50,000
McHenry, Illinois 2 $ 55,000 $ 27,500 $ 122,000
Montgomery, Kansas 2 $ 12,000 $ 6,000 $ 10,000
Sedgwick, Kansas 2 $ 45,000 $ 22,500 $ 44,000
Howell, Missouri 2 $ 400,000 $ 200,000 $ 417,000
Ozark, Missouri 2 $ 37,000 $ 18,500 $ 52,000
Vernon, Missouri 2 $ 61,000 $ 30,500 $ 36,000
Clark, Nevada 2 $ 182,000 $ 91,000 $ 81,000
Blaine, Oklahoma 2 $ 23,000 $ 11,500 $ 74,000
Coal, Oklahoma 2 $ 25,000 $ 12,500 $ 8,000
Custer, Oklahoma 2 $ 12,000 $ 6,000 $ 45,000
Jefferson, Oklahoma 2 $ 171,000 $ 85,500 $ 45,000
Kay, Oklahoma 2 $ 29,000 $ 14,500 $ 48,000
Kiowa, Oklahoma 2 $ 51,000 $ 25,500 $ 28,000
Love, Oklahoma 2 $ 265,000 $ 132,500 $ 90,000
Marshall, Oklahoma 2 $ 75,000 $ 37,500 $ 94,000
Murray, Oklahoma 2 $ 170,000 $ 85,000 $ 60,000
Okfuskee, Oklahoma 2 $ 55,000 $ 27,500 $ 58,000
Pushmataha, Oklahoma 2 $ 53,000 $ 26,500 $ 50,000
Collin, Texas 2 $ 126,000 $ 63,000 $ 51,000
Roanoke, Virginia 2 $ 59,000 $ 29,500 $ 140,000
Cherokee, Alabama 1 $ 206,000 $ 206,000 $ 42,000
Mohave, Arizona 1 $ 58,000 $ 58,000 $ 13,000
Crittenden, Arkansas 1 $ 10,000 $ 10,000 $ 18,000
Lincoln, Arkansas 1 $ 9,000 $ 9,000 $ 82,000
Monroe, Arkansas 1 $ 8,000 $ 8,000 $ 85,000
Ouachita, Arkansas 1 $ 10,000 $ 10,000 $ 68,000
Pike, Arkansas 1 $ 9,000 $ 9,000 $ 20,000
Los Angeles, California 1 $ 404,000 $ 404,000 $ 103,000
Sacramento, California 1 $ 300,000 $ 300,000 $ 0
Yuba, California 1 $ 175,000 $ 175,000 $ 105,000
Custer, Colorado 1 $ 213,000 $ 213,000 $ 0
Douglas, Colorado 1 $ 252,000 $ 252,000 $ 44,000
Middlesex, Connecticut 1 $ 360,000 $ 360,000 $ 168,000
Manatee, Florida 1 $ 300,000 $ 300,000 $ 50,000
Okaloosa, Florida 1 $ 1,000,000 $ 1,000,000 $ 0
Palm Beach, Florida 1 $ 38,000 $ 38,000 $ 324,000
Pinellas, Florida 1 $ 50,000 $ 50,000 $ 14,000
Sarasota, Florida 1 $ 10,000 $ 10,000 $ 67,000
Cook, Illinois 1 $ 15,000 $ 15,000 $ 26,000
Winnebago, Illinois 1 $ 50,000 $ 50,000 $ 0
Story, Iowa 1 $ 20,000 $ 20,000 $ 12,000
Miami, Kansas 1 $ 121,000 $ 121,000 $ 0
Neosho, Kansas 1 $ 44,000 $ 44,000 $ 20,000
Pulaski, Kentucky 1 $ 114,000 $ 114,000 $ 48,000
Ouachita, Louisiana 1 $ 120,000 $ 120,000 $ 180,000
Middlesex, Massachusetts 1 $ 284,000 $ 284,000 $ 150,000
Eaton, Michigan 1 $ 203,000 $ 203,000 $ 140,000
Midland, Michigan 1 $ 12,000 $ 12,000 $ 139,000
Oakland, Michigan 1 $ 165,000 $ 165,000 $ 120,000
Hennepin, Minnesota 1 $ 10,000 $ 10,000 $ 60,000
Callaway, Missouri 1 $ 225,000 $ 225,000 $ 74,000
Cass, Missouri 1 $ 18,000 $ 18,000 $ 36,000
Christian, Missouri 1 $ 150,000 $ 150,000 $ 0
Greene, Missouri 1 $ 100,000 $ 100,000 $ 0
Jackson, Missouri 1 $ 10,000 $ 10,000 $ 55,000
Jefferson, Missouri 1 $ 10,000 $ 10,000 $ 57,000
Laclede, Missouri 1 $ 200,000 $ 200,000 $ 32,000
St. Louis, Missouri 1 $ 320,000 $ 320,000 $ 70,000
Texas, Missouri 1 $ 6,000 $ 6,000 $ 68,000
Webster, Missouri 1 $ 26,000 $ 26,000 $ 100,000
Saline, Nebraska 1 $ 32,000 $ 32,000 $ 50,000
Bernalillo, New Mexico 1 $ 70,000 $ 70,000 $ 46,000
San Juan, New Mexico 1 $ 540,000 $ 540,000 $ 144,000
Socorro, New Mexico 1 $ 14,000 $ 14,000 $ 158,000
Queens, New York 1 $ 15,000 $ 15,000 $ 0
Crawford, Ohio 1 $ 33,000 $ 33,000 $ 49,000
Mahoning, Ohio 1 $ 270,000 $ 270,000 $ 62,000
Richland, Ohio 1 $ 180,000 $ 180,000 $ 146,000
Wood, Ohio 1 $ 85,000 $ 85,000 $ 22,000
Alfalfa, Oklahoma 1 $ 6,000 $ 6,000 $ 64,000
Atoka, Oklahoma 1 $ 61,000 $ 61,000 $ 36,000
Grant, Oklahoma 1 $ 3,000 $ 3,000 $ 31,000
Greer, Oklahoma 1 $ 59,000 $ 59,000 $ 70,000
Tillman, Oklahoma 1 $ 26,000 $ 26,000 $ 0
Woodward, Oklahoma 1 $ 3,000 $ 3,000 $ 36,000
Coos, Oregon 1 $ 45,000 $ 45,000 $ 30,000
Pike, Pennsylvania 1 $ 213,000 $ 213,000 $ 187,000
Beadle, South Dakota 1 $ 80,000 $ 80,000 $ 0
Davidson, Tennessee 1 $ 138,000 $ 138,000 $ 61,000
Bexar, Texas 1 $ 32,000 $ 32,000 $ 32,000
Bowie, Texas 1 $ 45,000 $ 45,000 $ 144,000
Brazoria, Texas 1 $ 20,000 $ 20,000 $ 80,000
Cooke, Texas 1 $ 2,000 $ 2,000 $ 36,000
Kimble, Texas 1 $ 54,000 $ 54,000 $ 87,000
Rockwall, Texas 1 $ 1,350,000 $ 1,350,000 $ 6,917,000
Fauquier, Virginia 1 $ 45,000 $ 45,000 $ 70,000

Mortgage Loan Application Detail Totals for Arvest Bank Group 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
Home Improvement 8,858 $268,178,000 $44,411 $900,000 $83,294 $1,399,000
Refinancing 3,964 $232,066,000 $123,785 $1,403,000 $76,357 $9,999,000
Home Purchase 1,848 $124,956,000 $170,238 $1,704,000 $177,476 $6,917,000

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 11,265 $462,754,000 $118,708 $1,403,000 $126,041 $9,999,000
Not Provided 1,478 $45,113,000 $56,909 $800,000 $59,000 $1,184,000
Not applicable 732 $79,146,000 $256,285 $1,704,000 $49,000 $564,000
Black or African American 468 $9,614,000 $47,600 $500,000 $65,000 $1,100,000
American Indian or Alaskan Native 283 $9,771,000 $32,000 $1,300,000 $39,000 $1,440,000
Hispanic 275 $8,912,000 $123,500 $1,000,000 $69,250 $713,000
Asian 149 $9,513,000 $46,000 $518,000 $57,000 $700,000
Native Hawaiian or Other Pacific Islander 20 $377,000 $15,000 $100,000 $52,000 $140,000

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) 14,670 $625,200,000 $123,214 $1,704,000 $95,964 $9,999,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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 11,086 $525,668,000 $96,631 $1,704,000 $133,842 $9,999,000
Application Denied By Financial Institution 2,785 $70,802,000 $129,050 $1,382,000 $64,150 $556,000
Application Withdrawn By Applicant 798 $28,720,000 $129,285 $1,000,000 $73,571 $660,000
Application Approved But Not Accepted 1 $10,000 $10,000 $10,000 $50,000 $50,000
File Closed For Incompleteness 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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Arvest Bank Group's 2005 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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