Arvest Bank Group Mortgage Lending & HMDA Data, 2006

In 2006, Arvest Bank Group of Tulsa, OK reported 11,068 mortgage applications totaling $484.4 million, down 25% from 2005. The average application was for $43,766, and applicants reported an average income of $76,176. 76% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Fayetteville-Springdale-Rogers, AR-MO (4,040), Tulsa, OK (1,132) and Little Rock-North Little Rock, AR (1,052) (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 11,068
Total Mortgage Loan Application Amount $484,408,000
Average Mortgage Loan Application Amount $43,766
Highest Mortgage Loan Application Amount $2,253,000
Average Applicant Income $76,176
Highest Applicant Income $1,900,000

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Act (HMDA) records Arvest Bank Group filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Benton, Arkansas 2,206 $ 112,874,000 $ 51,166 $ 89,000
Washington, Arkansas 1,521 $ 81,841,000 $ 53,807 $ 95,000
Tulsa, Oklahoma 822 $ 35,751,000 $ 43,492 $ 87,000
Pulaski, Arkansas 634 $ 25,258,000 $ 39,839 $ 76,000
Sebastian, Arkansas 482 $ 20,612,000 $ 42,763 $ 83,000
Oklahoma, Oklahoma 429 $ 15,066,000 $ 35,118 $ 74,000
Cleveland, Oklahoma 317 $ 10,605,000 $ 33,454 $ 75,000
Jasper, Missouri 232 $ 7,386,000 $ 31,836 $ 68,000
Washington, Oklahoma 206 $ 6,069,000 $ 29,461 $ 73,000
Marion, Arkansas 192 $ 6,491,000 $ 33,807 $ 42,000
Saline, Arkansas 190 $ 6,345,000 $ 33,394 $ 72,000
Comanche, Oklahoma 189 $ 8,420,000 $ 44,550 $ 80,000
Madison, Arkansas 180 $ 7,241,000 $ 40,227 $ 52,000
Carroll, Arkansas 151 $ 6,574,000 $ 43,536 $ 54,000
Stephens, Oklahoma 151 $ 6,365,000 $ 42,152 $ 57,000
Crawford, Arkansas 146 $ 4,750,000 $ 32,534 $ 62,000
Garland, Arkansas 144 $ 5,914,000 $ 41,069 $ 55,000
Le Flore, Oklahoma 135 $ 3,629,000 $ 26,881 $ 58,000
McDonald, Missouri 133 $ 4,124,000 $ 31,007 $ 57,000
Adair, Oklahoma 133 $ 5,016,000 $ 37,714 $ 44,000
Faulkner, Arkansas 129 $ 4,709,000 $ 36,503 $ 71,000
Pottawatomie, Oklahoma 128 $ 3,686,000 $ 28,796 $ 65,000
Newton, Missouri 115 $ 5,282,000 $ 45,930 $ 73,000
Wagoner, Oklahoma 114 $ 3,257,000 $ 28,570 $ 64,000
Boone, Arkansas 108 $ 5,163,000 $ 47,805 $ 62,000
Baxter, Arkansas 97 $ 5,571,000 $ 57,432 $ 80,000
Sequoyah, Oklahoma 87 $ 2,072,000 $ 23,816 $ 42,000
Lonoke, Arkansas 86 $ 2,600,000 $ 30,232 $ 64,000
Nowata, Oklahoma 83 $ 2,314,000 $ 27,879 $ 50,000
Delaware, Oklahoma 81 $ 2,639,000 $ 32,580 $ 59,000
Mayes, Oklahoma 81 $ 3,546,000 $ 43,777 $ 56,000
Creek, Oklahoma 68 $ 2,143,000 $ 31,514 $ 64,000
Muskogee, Oklahoma 65 $ 1,367,000 $ 21,030 $ 41,000
Grady, Oklahoma 63 $ 2,434,000 $ 38,634 $ 63,000
Ottawa, Oklahoma 61 $ 1,129,000 $ 18,508 $ 47,000
Rogers, Oklahoma 61 $ 2,673,000 $ 43,819 $ 72,000
Conway, Arkansas 57 $ 1,419,000 $ 24,894 $ 59,000
Pope, Arkansas 56 $ 1,247,000 $ 22,267 $ 52,000
Canadian, Oklahoma 53 $ 1,137,000 $ 21,452 $ 86,000
Stone, Missouri 47 $ 2,054,000 $ 43,702 $ 52,000
McIntosh, Oklahoma 47 $ 1,434,000 $ 30,510 $ 44,000
Johnson, Arkansas 45 $ 1,939,000 $ 43,088 $ 66,000
Craig, Oklahoma 45 $ 1,282,000 $ 28,488 $ 53,000
Logan, Arkansas 44 $ 1,320,000 $ 30,000 $ 49,000
Polk, Arkansas 39 $ 873,000 $ 22,384 $ 38,000
Pittsburg, Oklahoma 37 $ 1,435,000 $ 38,783 $ 46,000
Osage, Oklahoma 33 $ 914,000 $ 27,696 $ 57,000
Cherokee, Oklahoma 29 $ 1,630,000 $ 56,206 $ 53,000
Okmulgee, Oklahoma 29 $ 822,000 $ 28,344 $ 65,000
Franklin, Arkansas 23 $ 725,000 $ 31,521 $ 52,000
McClain, Oklahoma 21 $ 877,000 $ 41,761 $ 64,000
Barry, Missouri 20 $ 848,000 $ 42,400 $ 72,000
Haskell, Oklahoma 20 $ 219,000 $ 10,950 $ 45,000
Lincoln, Oklahoma 17 $ 566,000 $ 33,294 $ 51,000
Cherokee, Kansas 15 $ 367,000 $ 24,466 $ 53,000
McCurtain, Oklahoma 15 $ 249,000 $ 16,600 $ 55,000
Scott, Arkansas 14 $ 1,615,000 $ 115,357 $ 65,000
Pontotoc, Oklahoma 14 $ 648,000 $ 46,285 $ 45,000
Hot Spring, Arkansas 13 $ 661,000 $ 50,846 $ 91,000
Newton, Arkansas 12 $ 416,000 $ 34,666 $ 70,000
White, Arkansas 12 $ 692,000 $ 57,666 $ 80,000
Cotton, Oklahoma 11 $ 375,000 $ 34,090 $ 55,000
Perry, Arkansas 10 $ 345,000 $ 34,500 $ 53,000
Taney, Missouri 10 $ 469,000 $ 46,900 $ 110,000
Logan, Oklahoma 10 $ 419,000 $ 41,900 $ 120,000
Jefferson, Arkansas 8 $ 276,000 $ 34,500 $ 71,000
Crawford, Kansas 7 $ 27,000 $ 3,857 $ 48,000
Payne, Oklahoma 7 $ 213,000 $ 30,428 $ 54,000
Searcy, Arkansas 6 $ 106,000 $ 17,666 $ 45,000
Carter, Oklahoma 6 $ 180,000 $ 30,000 $ 57,000
Love, Oklahoma 6 $ 394,000 $ 65,666 $ 41,000
Woodward, Oklahoma 6 $ 120,000 $ 20,000 $ 33,000
Dallas, Texas 6 $ 9,037,000 $ 1,506,166 $ 27,000
Clark, Arkansas 5 $ 56,000 $ 11,200 $ 82,000
Cleburne, Arkansas 5 $ 287,000 $ 57,400 $ 95,000
Yell, Arkansas 5 $ 150,000 $ 30,000 $ 47,000
Lawrence, Missouri 5 $ 310,000 $ 62,000 $ 63,000
Caddo, Oklahoma 5 $ 214,000 $ 42,800 $ 44,000
Pawnee, Oklahoma 5 $ 99,000 $ 19,800 $ 51,000
Fulton, Arkansas 4 $ 54,000 $ 13,500 $ 55,000
Izard, Arkansas 4 $ 103,000 $ 25,750 $ 24,000
Sharp, Arkansas 4 $ 78,000 $ 19,500 $ 43,000
Stone, Arkansas 4 $ 113,000 $ 28,250 $ 102,000
Montgomery, Kansas 4 $ 55,000 $ 13,750 $ 77,000
Garvin, Oklahoma 4 $ 198,000 $ 49,500 $ 47,000
Grant, Arkansas 3 $ 91,000 $ 30,333 $ 101,000
Lee, Florida 3 $ 428,000 $ 142,666 $ 100,000
Johnson, Kansas 3 $ 417,000 $ 139,000 $ 94,000
Barton, Missouri 3 $ 501,000 $ 167,000 $ 78,000
Greene, Missouri 3 $ 119,000 $ 39,666 $ 64,000
Ozark, Missouri 3 $ 127,000 $ 42,333 $ 20,000
Garfield, Oklahoma 3 $ 46,000 $ 15,333 $ 30,000
Jackson, Oklahoma 3 $ 152,000 $ 50,666 $ 88,000
Jefferson, Oklahoma 3 $ 64,000 $ 21,333 $ 66,000
Latimer, Oklahoma 3 $ 139,000 $ 46,333 $ 89,000
Seminole, Oklahoma 3 $ 77,000 $ 25,666 $ 67,000
Cleveland, Arkansas 2 $ 24,000 $ 12,000 $ 77,000
Craighead, Arkansas 2 $ 12,000 $ 6,000 $ 54,000
Desha, Arkansas 2 $ 41,000 $ 20,500 $ 36,000
Monroe, Arkansas 2 $ 31,000 $ 15,500 $ 45,000
Montgomery, Arkansas 2 $ 531,000 $ 265,500 $ 99,000
Pike, Arkansas 2 $ 47,000 $ 23,500 $ 121,000
Prairie, Arkansas 2 $ 13,000 $ 6,500 $ 39,000
Van Buren, Arkansas 2 $ 34,000 $ 17,000 $ 54,000
Webster, Missouri 2 $ 40,000 $ 20,000 $ 49,000
Kingfisher, Oklahoma 2 $ 36,000 $ 18,000 $ 82,000
Marshall, Oklahoma 2 $ 734,000 $ 367,000 $ 90,000
Okfuskee, Oklahoma 2 $ 51,000 $ 25,500 $ 42,000
Tillman, Oklahoma 2 $ 23,000 $ 11,500 $ 60,000
Shelby, Tennessee 2 $ 63,000 $ 31,500 $ 107,000
Collin, Texas 2 $ 930,000 $ 465,000 $ 212,000
Baldwin, Alabama 1 $ 120,000 $ 120,000 $ 200,000
Tuscaloosa, Alabama 1 $ 15,000 $ 15,000 $ 24,000
Maricopa, Arizona 1 $ 50,000 $ 50,000 $ 0
Yavapai, Arizona 1 $ 50,000 $ 50,000 $ 101,000
Arkansas, Arkansas 1 $ 15,000 $ 15,000 $ 69,000
Greene, Arkansas 1 $ 5,000 $ 5,000 $ 25,000
Hempstead, Arkansas 1 $ 64,000 $ 64,000 $ 31,000
Independence, Arkansas 1 $ 5,000 $ 5,000 $ 65,000
Lincoln, Arkansas 1 $ 5,000 $ 5,000 $ 42,000
Alameda, California 1 $ 405,000 $ 405,000 $ 118,000
Kings, California 1 $ 37,000 $ 37,000 $ 67,000
Monterey, California 1 $ 230,000 $ 230,000 $ 43,000
Orange, California 1 $ 261,000 $ 261,000 $ 58,000
Sacramento, California 1 $ 120,000 $ 120,000 $ 91,000
San Bernardino, California 1 $ 184,000 $ 184,000 $ 34,000
San Diego, California 1 $ 417,000 $ 417,000 $ 29,000
Santa Clara, California 1 $ 610,000 $ 610,000 $ 500,000
Sonoma, California 1 $ 27,000 $ 27,000 $ 250,000
La Plata, Colorado 1 $ 720,000 $ 720,000 $ 55,000
District of Columbia, District Of Columbia 1 $ 100,000 $ 100,000 $ 38,000
Hillsborough, Florida 1 $ 104,000 $ 104,000 $ 1,030,000
Orange, Florida 1 $ 238,000 $ 238,000 $ 70,000
Palm Beach, Florida 1 $ 135,000 $ 135,000 $ 375,000
Pinellas, Florida 1 $ 75,000 $ 75,000 $ 69,000
St. Johns, Florida 1 $ 1,000,000 $ 1,000,000 $ 272,000
Coweta, Georgia 1 $ 200,000 $ 200,000 $ 84,000
Gordon, Georgia 1 $ 29,000 $ 29,000 $ 84,000
Harris, Georgia 1 $ 563,000 $ 563,000 $ 473,000
Maui, Hawaii 1 $ 31,000 $ 31,000 $ 140,000
LaPorte, Indiana 1 $ 80,000 $ 80,000 $ 53,000
Wayne, Indiana 1 $ 7,000 $ 7,000 $ 93,000
Allen, Kansas 1 $ 65,000 $ 65,000 $ 33,000
Atchison, Kansas 1 $ 10,000 $ 10,000 $ 65,000
Finney, Kansas 1 $ 2,000 $ 2,000 $ 80,000
Neosho, Kansas 1 $ 3,000 $ 3,000 $ 17,000
East Baton Rouge, Louisiana 1 $ 100,000 $ 100,000 $ 48,000
Lafayette, Louisiana 1 $ 36,000 $ 36,000 $ 36,000
Antrim, Michigan 1 $ 300,000 $ 300,000 $ 83,000
Genesee, Michigan 1 $ 30,000 $ 30,000 $ 29,000
Kent, Michigan 1 $ 87,000 $ 87,000 $ 240,000
Macomb, Michigan 1 $ 16,000 $ 16,000 $ 22,000
Oakland, Michigan 1 $ 628,000 $ 628,000 $ 325,000
Ogemaw, Michigan 1 $ 40,000 $ 40,000 $ 34,000
Carver, Minnesota 1 $ 20,000 $ 20,000 $ 89,000
Dakota, Minnesota 1 $ 135,000 $ 135,000 $ 119,000
Ramsey, Minnesota 1 $ 70,000 $ 70,000 $ 19,000
Adair, Missouri 1 $ 22,000 $ 22,000 $ 110,000
Cape Girardeau, Missouri 1 $ 170,000 $ 170,000 $ 136,000
Cedar, Missouri 1 $ 206,000 $ 206,000 $ 48,000
Christian, Missouri 1 $ 50,000 $ 50,000 $ 125,000
Gasconade, Missouri 1 $ 33,000 $ 33,000 $ 78,000
Jackson, Missouri 1 $ 112,000 $ 112,000 $ 24,000
Lewis, Missouri 1 $ 110,000 $ 110,000 $ 55,000
Mississippi, Missouri 1 $ 13,000 $ 13,000 $ 72,000
Phelps, Missouri 1 $ 200,000 $ 200,000 $ 146,000
Polk, Missouri 1 $ 8,000 $ 8,000 $ 0
St. Louis, Missouri 1 $ 176,000 $ 176,000 $ 100,000
Passaic, New Jersey 1 $ 5,000 $ 5,000 $ 12,000
Forsyth, North Carolina 1 $ 100,000 $ 100,000 $ 59,000
Bryan, Oklahoma 1 $ 2,000 $ 2,000 $ 38,000
Custer, Oklahoma 1 $ 139,000 $ 139,000 $ 23,000
Ellis, Oklahoma 1 $ 14,000 $ 14,000 $ 34,000
Kay, Oklahoma 1 $ 19,000 $ 19,000 $ 30,000
Kiowa, Oklahoma 1 $ 43,000 $ 43,000 $ 102,000
Major, Oklahoma 1 $ 170,000 $ 170,000 $ 42,000
Murray, Oklahoma 1 $ 9,000 $ 9,000 $ 35,000
Pushmataha, Oklahoma 1 $ 4,000 $ 4,000 $ 73,000
Chester, South Carolina 1 $ 21,000 $ 21,000 $ 90,000
Beadle, South Dakota 1 $ 54,000 $ 54,000 $ 0
Lawrence, South Dakota 1 $ 21,000 $ 21,000 $ 63,000
Lewis, Tennessee 1 $ 45,000 $ 45,000 $ 0
Williamson, Tennessee 1 $ 32,000 $ 32,000 $ 0
Bell, Texas 1 $ 9,000 $ 9,000 $ 61,000
Denton, Texas 1 $ 25,000 $ 25,000 $ 169,000
Harris, Texas 1 $ 30,000 $ 30,000 $ 241,000
Hemphill, Texas 1 $ 100,000 $ 100,000 $ 267,000
Midland, Texas 1 $ 60,000 $ 60,000 $ 48,000
Taylor, Texas 1 $ 50,000 $ 50,000 $ 20,000
Wichita, Texas 1 $ 28,000 $ 28,000 $ 40,000
Wood, Texas 1 $ 70,000 $ 70,000 $ 0
Fairfax, Virginia 1 $ 60,000 $ 60,000 $ 221,000

Mortgage Loan Application Detail Totals for Arvest Bank Group in 2006

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 6,912 $222,991,000 $32,000 $1,000,000 $74,000 $1,900,000
Refinancing 2,825 $160,402,000 $56,000 $2,143,000 $83,000 $1,002,000
Home Purchase 1,331 $101,015,000 $75,000 $2,253,000 $73,000 $1,266,000

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 8,590 $359,544,000 $41,000 $1,500,000 $81,000 $1,352,000
Not Provided 1,200 $42,342,000 $35,000 $2,143,000 $58,000 $643,000
Not applicable 424 $52,258,000 $123,000 $2,253,000 $41,000 $1,900,000
Hispanic 283 $9,789,000 $34,000 $320,000 $64,000 $1,000,000
Black or African American 278 $7,623,000 $27,000 $664,000 $62,000 $800,000
American Indian or Alaskan Native 183 $5,540,000 $30,000 $417,000 $53,000 $384,000
Asian 100 $6,854,000 $68,000 $579,000 $86,000 $523,000
Native Hawaiian or Other Pacific Islander 10 $458,000 $45,000 $180,000 $128,000 $332,000

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) 11,068 $484,408,000 $43,000 $2,253,000 $76,000 $1,900,000
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 8,423 $400,152,000 $47,000 $2,253,000 $85,000 $1,900,000
Application Denied By Financial Institution 1,970 $51,182,000 $25,000 $1,100,000 $40,000 $473,000
Application Withdrawn By Applicant 674 $33,044,000 $49,000 $1,000,000 $63,000 $774,000
Application Approved But Not Accepted 1 $30,000 $30,000 $30,000 $32,000 $32,000
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 2006 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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