Arvest Bank Group Mortgage Lending & HMDA Data, 2007

In 2007, Arvest Bank Group of Tulsa, OK reported 10,342 mortgage applications totaling $483.6 million, down 7% from 2006. The average application was for $46,761, and applicants reported an average income of $75,258. 75% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Fayetteville-Springdale-Rogers, AR-MO (4,001), Tulsa, OK (1,226) and Little Rock-North Little Rock-Conway, AR (828) (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 10,342
Total Mortgage Loan Application Amount $483,603,000
Average Mortgage Loan Application Amount $46,761
Highest Mortgage Loan Application Amount $2,492,000
Average Applicant Income $75,258
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Act (HMDA) records Arvest Bank Group filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2007

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Benton, Arkansas 2,061 $ 111,003,000 $ 53,858 $ 96,000
Washington, Arkansas 1,641 $ 93,632,000 $ 57,057 $ 95,000
Tulsa, Oklahoma 936 $ 43,907,000 $ 46,909 $ 86,000
Pulaski, Arkansas 453 $ 15,708,000 $ 34,675 $ 74,000
Sebastian, Arkansas 409 $ 18,721,000 $ 45,772 $ 61,000
Cleveland, Oklahoma 299 $ 12,973,000 $ 43,387 $ 59,000
Oklahoma, Oklahoma 281 $ 11,852,000 $ 42,177 $ 84,000
Jasper, Missouri 218 $ 9,152,000 $ 41,981 $ 53,000
Comanche, Oklahoma 218 $ 8,705,000 $ 39,931 $ 67,000
Madison, Arkansas 191 $ 8,177,000 $ 42,811 $ 53,000
Marion, Arkansas 181 $ 7,228,000 $ 39,933 $ 40,000
Washington, Oklahoma 171 $ 5,469,000 $ 31,982 $ 70,000
Saline, Arkansas 165 $ 5,048,000 $ 30,593 $ 65,000
Le Flore, Oklahoma 155 $ 3,899,000 $ 25,154 $ 48,000
Crawford, Arkansas 139 $ 3,938,000 $ 28,330 $ 53,000
Pottawatomie, Oklahoma 121 $ 4,715,000 $ 38,966 $ 60,000
Faulkner, Arkansas 120 $ 5,049,000 $ 42,075 $ 68,000
Baxter, Arkansas 119 $ 5,966,000 $ 50,134 $ 56,000
Stephens, Oklahoma 110 $ 4,800,000 $ 43,636 $ 54,000
McDonald, Missouri 108 $ 4,173,000 $ 38,638 $ 61,000
Newton, Missouri 106 $ 5,208,000 $ 49,132 $ 87,000
Adair, Oklahoma 106 $ 3,834,000 $ 36,169 $ 39,000
Carroll, Arkansas 104 $ 6,015,000 $ 57,836 $ 83,000
Garland, Arkansas 98 $ 3,499,000 $ 35,704 $ 54,000
Wagoner, Oklahoma 98 $ 4,899,000 $ 49,989 $ 61,000
Boone, Arkansas 97 $ 3,833,000 $ 39,515 $ 44,000
Delaware, Oklahoma 96 $ 4,477,000 $ 46,635 $ 54,000
Creek, Oklahoma 74 $ 2,530,000 $ 34,189 $ 62,000
Lonoke, Arkansas 72 $ 2,208,000 $ 30,666 $ 63,000
Ottawa, Oklahoma 68 $ 2,164,000 $ 31,823 $ 56,000
Rogers, Oklahoma 67 $ 2,863,000 $ 42,731 $ 74,000
Sequoyah, Oklahoma 67 $ 1,337,000 $ 19,955 $ 47,000
Cherokee, Oklahoma 64 $ 4,358,000 $ 68,093 $ 50,000
Nowata, Oklahoma 64 $ 1,424,000 $ 22,250 $ 46,000
Pope, Arkansas 59 $ 1,866,000 $ 31,627 $ 47,000
Mayes, Oklahoma 47 $ 1,889,000 $ 40,191 $ 56,000
Muskogee, Oklahoma 47 $ 1,180,000 $ 25,106 $ 35,000
Conway, Arkansas 45 $ 1,657,000 $ 36,822 $ 45,000
Craig, Oklahoma 45 $ 1,814,000 $ 40,311 $ 52,000
Grady, Oklahoma 42 $ 1,471,000 $ 35,023 $ 53,000
McIntosh, Oklahoma 42 $ 1,149,000 $ 27,357 $ 44,000
Pittsburg, Oklahoma 38 $ 1,300,000 $ 34,210 $ 37,000
Logan, Arkansas 37 $ 1,663,000 $ 44,945 $ 37,000
Johnson, Arkansas 36 $ 1,587,000 $ 44,083 $ 37,000
Taney, Missouri 34 $ 3,603,000 $ 105,970 $ 61,000
Canadian, Oklahoma 34 $ 1,159,000 $ 34,088 $ 87,000
Polk, Arkansas 32 $ 1,576,000 $ 49,250 $ 36,000
Stone, Missouri 31 $ 2,683,000 $ 86,548 $ 52,000
Barry, Missouri 30 $ 1,221,000 $ 40,700 $ 54,000
Osage, Oklahoma 24 $ 521,000 $ 21,708 $ 49,000
Okmulgee, Oklahoma 23 $ 1,061,000 $ 46,130 $ 38,000
McClain, Oklahoma 20 $ 721,000 $ 36,050 $ 129,000
Franklin, Arkansas 17 $ 704,000 $ 41,411 $ 32,000
Montgomery, Kansas 17 $ 503,000 $ 29,588 $ 35,000
Perry, Arkansas 15 $ 317,000 $ 21,133 $ 42,000
Yell, Arkansas 13 $ 304,000 $ 23,384 $ 44,000
Hot Spring, Arkansas 12 $ 442,000 $ 36,833 $ 54,000
Cherokee, Kansas 12 $ 249,000 $ 20,750 $ 60,000
Cotton, Oklahoma 12 $ 286,000 $ 23,833 $ 79,000
Lincoln, Oklahoma 11 $ 509,000 $ 46,272 $ 47,000
Newton, Arkansas 9 $ 272,000 $ 30,222 $ 62,000
Scott, Arkansas 9 $ 805,000 $ 89,444 $ 28,000
Seminole, Oklahoma 9 $ 390,000 $ 43,333 $ 59,000
Caddo, Oklahoma 8 $ 218,000 $ 27,250 $ 50,000
Latimer, Oklahoma 8 $ 112,000 $ 14,000 $ 64,000
Payne, Oklahoma 8 $ 848,000 $ 106,000 $ 30,000
Montgomery, Arkansas 7 $ 426,000 $ 60,857 $ 19,000
Haskell, Oklahoma 7 $ 143,000 $ 20,428 $ 97,000
Pontotoc, Oklahoma 7 $ 81,000 $ 11,571 $ 56,000
Fulton, Arkansas 6 $ 158,000 $ 26,333 $ 48,000
Cleburne, Arkansas 5 $ 614,000 $ 122,800 $ 100,000
Van Buren, Arkansas 5 $ 437,000 $ 87,400 $ 143,000
White, Arkansas 5 $ 133,000 $ 26,600 $ 77,000
Christian, Missouri 5 $ 670,000 $ 134,000 $ 40,000
Garfield, Oklahoma 5 $ 89,000 $ 17,800 $ 38,000
Izard, Arkansas 4 $ 131,000 $ 32,750 $ 31,000
Jefferson, Arkansas 4 $ 203,000 $ 50,750 $ 50,000
Pike, Arkansas 4 $ 129,000 $ 32,250 $ 44,000
Searcy, Arkansas 4 $ 96,000 $ 24,000 $ 111,000
Miami-Dade, Florida 4 $ 1,614,000 $ 403,500 $ 0
Greene, Missouri 4 $ 69,000 $ 17,250 $ 65,000
Lawrence, Missouri 4 $ 259,000 $ 64,750 $ 65,000
Hughes, Oklahoma 4 $ 80,000 $ 20,000 $ 38,000
Logan, Oklahoma 4 $ 236,000 $ 59,000 $ 62,000
Pawnee, Oklahoma 4 $ 228,000 $ 57,000 $ 105,000
Tarrant, Texas 4 $ 152,000 $ 38,000 $ 78,000
Grant, Arkansas 3 $ 178,000 $ 59,333 $ 86,000
Crawford, Kansas 3 $ 23,000 $ 7,666 $ 34,000
Johnson, Kansas 3 $ 74,000 $ 24,666 $ 98,000
Barton, Missouri 3 $ 442,000 $ 147,333 $ 148,000
Garvin, Oklahoma 3 $ 58,000 $ 19,333 $ 53,000
Love, Oklahoma 3 $ 122,000 $ 40,666 $ 61,000
McCurtain, Oklahoma 3 $ 26,000 $ 8,666 $ 45,000
Craighead, Arkansas 2 $ 40,000 $ 20,000 $ 79,000
Dallas, Arkansas 2 $ 30,000 $ 15,000 $ 23,000
Mississippi, Arkansas 2 $ 81,000 $ 40,500 $ 47,000
Ouachita, Arkansas 2 $ 21,000 $ 10,500 $ 57,000
Woodruff, Arkansas 2 $ 134,000 $ 67,000 $ 40,000
Placer, California 2 $ 193,000 $ 96,500 $ 0
Cook, Illinois 2 $ 83,000 $ 41,500 $ 38,000
McLean, Illinois 2 $ 65,000 $ 32,500 $ 13,000
Dallas, Iowa 2 $ 206,000 $ 103,000 $ 17,000
Douglas, Missouri 2 $ 62,000 $ 31,000 $ 70,000
Ozark, Missouri 2 $ 14,000 $ 7,000 $ 37,000
Jackson, Oklahoma 2 $ 90,000 $ 45,000 $ 84,000
Okfuskee, Oklahoma 2 $ 39,000 $ 19,500 $ 45,000
Tillman, Oklahoma 2 $ 28,000 $ 14,000 $ 15,000
Travis, Texas 2 $ 110,000 $ 55,000 $ 139,000
Williamson, Texas 2 $ 35,000 $ 17,500 $ 108,000
Baldwin, Alabama 1 $ 20,000 $ 20,000 $ 79,000
Shelby, Alabama 1 $ 50,000 $ 50,000 $ 0
Bradley, Arkansas 1 $ 10,000 $ 10,000 $ 31,000
Clark, Arkansas 1 $ 14,000 $ 14,000 $ 18,000
Lawrence, Arkansas 1 $ 56,000 $ 56,000 $ 29,000
Prairie, Arkansas 1 $ 5,000 $ 5,000 $ 49,000
Sharp, Arkansas 1 $ 10,000 $ 10,000 $ 13,000
St. Francis, Arkansas 1 $ 6,000 $ 6,000 $ 0
Union, Arkansas 1 $ 10,000 $ 10,000 $ 13,000
Monterey, California 1 $ 2,492,000 $ 2,492,000 $ 477,000
Sacramento, California 1 $ 20,000 $ 20,000 $ 56,000
San Diego, California 1 $ 50,000 $ 50,000 $ 18,000
San Francisco, California 1 $ 20,000 $ 20,000 $ 7,000
Santa Barbara, California 1 $ 550,000 $ 550,000 $ 0
Santa Clara, California 1 $ 610,000 $ 610,000 $ 500,000
Jefferson, Colorado 1 $ 29,000 $ 29,000 $ 52,000
La Plata, Colorado 1 $ 300,000 $ 300,000 $ 55,000
Moffat, Colorado 1 $ 80,000 $ 80,000 $ 35,000
Broward, Florida 1 $ 650,000 $ 650,000 $ 261,000
Escambia, Florida 1 $ 13,000 $ 13,000 $ 18,000
Lee, Florida 1 $ 10,000 $ 10,000 $ 46,000
Orange, Florida 1 $ 135,000 $ 135,000 $ 69,000
Cobb, Georgia 1 $ 30,000 $ 30,000 $ 145,000
Forsyth, Georgia 1 $ 84,000 $ 84,000 $ 0
Houston, Georgia 1 $ 38,000 $ 38,000 $ 137,000
Lake, Illinois 1 $ 20,000 $ 20,000 $ 0
Will, Illinois 1 $ 110,000 $ 110,000 $ 34,000
Lake, Indiana 1 $ 30,000 $ 30,000 $ 46,000
Porter, Indiana 1 $ 106,000 $ 106,000 $ 0
Cedar, Iowa 1 $ 50,000 $ 50,000 $ 67,000
Butler, Kansas 1 $ 100,000 $ 100,000 $ 240,000
Chautauqua, Kansas 1 $ 22,000 $ 22,000 $ 131,000
Harvey, Kansas 1 $ 15,000 $ 15,000 $ 100,000
Labette, Kansas 1 $ 20,000 $ 20,000 $ 8,000
Sedgwick, Kansas 1 $ 56,000 $ 56,000 $ 0
Shawnee, Kansas 1 $ 36,000 $ 36,000 $ 91,000
Warren, Kentucky 1 $ 25,000 $ 25,000 $ 37,000
East Baton Rouge, Louisiana 1 $ 22,000 $ 22,000 $ 66,000
Lafayette, Louisiana 1 $ 36,000 $ 36,000 $ 70,000
Baltimore, Maryland 1 $ 20,000 $ 20,000 $ 100,000
Livingston, Michigan 1 $ 34,000 $ 34,000 $ 143,000
Macomb, Michigan 1 $ 4,000 $ 4,000 $ 29,000
St. Clair, Michigan 1 $ 50,000 $ 50,000 $ 155,000
Washtenaw, Michigan 1 $ 198,000 $ 198,000 $ 145,000
Madison, Mississippi 1 $ 115,000 $ 115,000 $ 186,000
Clay, Missouri 1 $ 98,000 $ 98,000 $ 195,000
Franklin, Missouri 1 $ 45,000 $ 45,000 $ 35,000
Jackson, Missouri 1 $ 25,000 $ 25,000 $ 9,000
Laclede, Missouri 1 $ 19,000 $ 19,000 $ 34,000
St. Louis City, Missouri 1 $ 14,000 $ 14,000 $ 41,000
Gallatin, Montana 1 $ 50,000 $ 50,000 $ 87,000
Yellowstone, Montana 1 $ 96,000 $ 96,000 $ 155,000
Lancaster, Nebraska 1 $ 100,000 $ 100,000 $ 50,000
Johnston, North Carolina 1 $ 20,000 $ 20,000 $ 79,000
Moore, North Carolina 1 $ 23,000 $ 23,000 $ 0
Ward, North Dakota 1 $ 69,000 $ 69,000 $ 32,000
Licking, Ohio 1 $ 33,000 $ 33,000 $ 70,000
Blaine, Oklahoma 1 $ 95,000 $ 95,000 $ 120,000
Bryan, Oklahoma 1 $ 4,000 $ 4,000 $ 48,000
Carter, Oklahoma 1 $ 17,000 $ 17,000 $ 51,000
Choctaw, Oklahoma 1 $ 5,000 $ 5,000 $ 29,000
Ellis, Oklahoma 1 $ 74,000 $ 74,000 $ 328,000
Greer, Oklahoma 1 $ 20,000 $ 20,000 $ 19,000
Jefferson, Oklahoma 1 $ 20,000 $ 20,000 $ 55,000
Johnston, Oklahoma 1 $ 31,000 $ 31,000 $ 47,000
Kay, Oklahoma 1 $ 11,000 $ 11,000 $ 69,000
Kingfisher, Oklahoma 1 $ 25,000 $ 25,000 $ 98,000
Kiowa, Oklahoma 1 $ 4,000 $ 4,000 $ 38,000
Murray, Oklahoma 1 $ 40,000 $ 40,000 $ 72,000
Philadelphia, Pennsylvania 1 $ 22,000 $ 22,000 $ 50,000
Beaufort, South Carolina 1 $ 400,000 $ 400,000 $ 364,000
Lawrence, South Dakota 1 $ 42,000 $ 42,000 $ 57,000
Dickson, Tennessee 1 $ 4,000 $ 4,000 $ 24,000
Rutherford, Tennessee 1 $ 30,000 $ 30,000 $ 86,000
Shelby, Tennessee 1 $ 88,000 $ 88,000 $ 100,000
Williamson, Tennessee 1 $ 34,000 $ 34,000 $ 0
Cameron, Texas 1 $ 7,000 $ 7,000 $ 23,000
Collin, Texas 1 $ 60,000 $ 60,000 $ 100,000
Denton, Texas 1 $ 240,000 $ 240,000 $ 80,000
Franklin, Texas 1 $ 20,000 $ 20,000 $ 93,000
Harris, Texas 1 $ 29,000 $ 29,000 $ 0
Nolan, Texas 1 $ 18,000 $ 18,000 $ 0
Smith, Texas 1 $ 36,000 $ 36,000 $ 162,000
Washington, Vermont 1 $ 9,000 $ 9,000 $ 47,000
Virginia Beach, Virginia 1 $ 37,000 $ 37,000 $ 70,000
King, Washington 1 $ 78,000 $ 78,000 $ 130,000
Fond du Lac, Wisconsin 1 $ 25,000 $ 25,000 $ 93,000
Marathon, Wisconsin 1 $ 54,000 $ 54,000 $ 67,000
Marquette, Wisconsin 1 $ 115,000 $ 115,000 $ 51,000
Waukesha, Wisconsin 1 $ 10,000 $ 10,000 $ 119,000

Mortgage Loan Application Detail Totals for Arvest Bank Group in 2007

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 5,830 $188,971,000 $32,000 $700,000 $74,000 $9,999,000
Refinancing 3,208 $199,734,000 $62,000 $2,492,000 $87,000 $4,440,000
Home Purchase 1,304 $94,898,000 $72,000 $2,000,000 $52,000 $2,122,000

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 8,188 $361,340,000 $44,000 $2,225,000 $77,000 $1,951,000
Not Provided 994 $53,338,000 $53,000 $2,492,000 $75,000 $9,999,000
Not applicable 396 $47,036,000 $118,000 $2,000,000 $70,000 $4,440,000
Hispanic 300 $7,937,000 $26,000 $235,000 $47,000 $240,000
Black or African American 226 $5,386,000 $23,000 $500,000 $57,000 $1,234,000
American Indian or Alaskan Native 152 $4,743,000 $31,000 $490,000 $70,000 $2,122,000
Asian 81 $3,592,000 $44,000 $613,000 $74,000 $420,000
Native Hawaiian or Other Pacific Islander 5 $231,000 $46,000 $66,000 $87,000 $179,000

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) 10,341 $483,601,000 $46,000 $2,492,000 $75,000 $9,999,000
FHA-insured (Federal Housing Administration) 1 $2,000 $2,000 $2,000 $19,000 $19,000
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 7,782 $402,000,000 $51,000 $2,492,000 $81,000 $9,999,000
Application Denied By Financial Institution 1,453 $33,919,000 $23,000 $829,000 $41,000 $463,000
Application Withdrawn By Applicant 1,107 $47,684,000 $43,000 $1,000,000 $77,000 $2,122,000
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
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 2007 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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