Arvest Bank Group Mortgage Lending & HMDA Data, 2008

In 2008, Arvest Bank Group of Tulsa, OK reported 9,188 mortgage applications totaling $486.2 million, down 11% from 2007. The average application was for $52,919, and applicants reported an average income of $74,102. 92% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Fayetteville-Springdale-Rogers, AR-MO (3,722), Tulsa, OK (1,105) and Little Rock-North Little Rock-Conway, AR (731) (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 9,188
Total Mortgage Loan Application Amount $486,228,000
Average Mortgage Loan Application Amount $52,919
Highest Mortgage Loan Application Amount $11,500,000
Average Applicant Income $74,102
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Act (HMDA) records Arvest Bank Group filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Benton, Arkansas 2,105 $ 115,527,000 $ 54,882 $ 81,000
Washington, Arkansas 1,369 $ 90,335,000 $ 65,986 $ 87,000
Tulsa, Oklahoma 836 $ 47,972,000 $ 57,382 $ 88,000
Pulaski, Arkansas 390 $ 17,888,000 $ 45,866 $ 77,000
Sebastian, Arkansas 317 $ 16,142,000 $ 50,921 $ 64,000
Oklahoma, Oklahoma 310 $ 17,301,000 $ 55,809 $ 100,000
Cleveland, Oklahoma 218 $ 9,164,000 $ 42,036 $ 68,000
Jasper, Missouri 177 $ 12,378,000 $ 69,932 $ 76,000
Washington, Oklahoma 172 $ 8,436,000 $ 49,046 $ 70,000
Marion, Arkansas 171 $ 6,771,000 $ 39,596 $ 39,000
Madison, Arkansas 150 $ 6,140,000 $ 40,933 $ 48,000
Saline, Arkansas 148 $ 5,580,000 $ 37,702 $ 74,000
Le Flore, Oklahoma 136 $ 3,529,000 $ 25,948 $ 50,000
Comanche, Oklahoma 123 $ 5,517,000 $ 44,853 $ 83,000
Pottawatomie, Oklahoma 118 $ 5,532,000 $ 46,881 $ 61,000
Faulkner, Arkansas 115 $ 5,704,000 $ 49,600 $ 71,000
Newton, Missouri 106 $ 5,039,000 $ 47,537 $ 102,000
Crawford, Arkansas 105 $ 3,531,000 $ 33,628 $ 70,000
Baxter, Arkansas 104 $ 5,386,000 $ 51,788 $ 59,000
Carroll, Arkansas 103 $ 3,458,000 $ 33,572 $ 51,000
McDonald, Missouri 98 $ 3,114,000 $ 31,775 $ 47,000
Stephens, Oklahoma 92 $ 5,039,000 $ 54,771 $ 59,000
Wagoner, Oklahoma 89 $ 3,533,000 $ 39,696 $ 56,000
Garland, Arkansas 81 $ 2,908,000 $ 35,901 $ 39,000
Adair, Oklahoma 77 $ 2,465,000 $ 32,012 $ 45,000
Nowata, Oklahoma 74 $ 2,000,000 $ 27,027 $ 57,000
Rogers, Oklahoma 70 $ 3,461,000 $ 49,442 $ 92,000
Lonoke, Arkansas 64 $ 2,239,000 $ 34,984 $ 59,000
Boone, Arkansas 62 $ 1,892,000 $ 30,516 $ 38,000
Conway, Arkansas 56 $ 2,326,000 $ 41,535 $ 53,000
Creek, Oklahoma 56 $ 1,818,000 $ 32,464 $ 57,000
Pope, Arkansas 52 $ 2,365,000 $ 45,480 $ 76,000
Delaware, Oklahoma 52 $ 2,177,000 $ 41,865 $ 50,000
Mayes, Oklahoma 51 $ 2,955,000 $ 57,941 $ 58,000
Sequoyah, Oklahoma 49 $ 1,175,000 $ 23,979 $ 43,000
Ottawa, Oklahoma 48 $ 1,134,000 $ 23,625 $ 58,000
Grady, Oklahoma 47 $ 2,542,000 $ 54,085 $ 72,000
Johnson, Arkansas 40 $ 3,037,000 $ 75,925 $ 86,000
Canadian, Oklahoma 38 $ 940,000 $ 24,736 $ 67,000
Craig, Oklahoma 38 $ 1,589,000 $ 41,815 $ 47,000
Muskogee, Oklahoma 38 $ 1,154,000 $ 30,368 $ 45,000
Osage, Oklahoma 36 $ 1,612,000 $ 44,777 $ 49,000
Polk, Arkansas 33 $ 1,060,000 $ 32,121 $ 40,000
Logan, Arkansas 32 $ 1,011,000 $ 31,593 $ 53,000
Barry, Missouri 28 $ 1,283,000 $ 45,821 $ 49,000
Stone, Missouri 28 $ 2,941,000 $ 105,035 $ 85,000
Taney, Missouri 26 $ 2,608,000 $ 100,307 $ 76,000
McClain, Oklahoma 25 $ 1,051,000 $ 42,040 $ 76,000
Pittsburg, Oklahoma 23 $ 363,000 $ 15,782 $ 39,000
Cherokee, Oklahoma 21 $ 1,170,000 $ 55,714 $ 50,000
Montgomery, Kansas 19 $ 570,000 $ 30,000 $ 39,000
Pontotoc, Oklahoma 19 $ 1,309,000 $ 68,894 $ 49,000
Greene, Missouri 18 $ 1,979,000 $ 109,944 $ 104,000
McIntosh, Oklahoma 16 $ 338,000 $ 21,125 $ 41,000
Franklin, Arkansas 15 $ 590,000 $ 39,333 $ 71,000
Okmulgee, Oklahoma 13 $ 373,000 $ 28,692 $ 63,000
Perry, Arkansas 12 $ 382,000 $ 31,833 $ 35,000
Payne, Oklahoma 11 $ 872,000 $ 79,272 $ 69,000
Cherokee, Kansas 10 $ 436,000 $ 43,600 $ 48,000
Logan, Oklahoma 10 $ 415,000 $ 41,500 $ 83,000
Hot Spring, Arkansas 9 $ 229,000 $ 25,444 $ 63,000
Haskell, Oklahoma 9 $ 233,000 $ 25,888 $ 62,000
Lincoln, Oklahoma 9 $ 223,000 $ 24,777 $ 51,000
Cotton, Oklahoma 8 $ 260,000 $ 32,500 $ 56,000
Searcy, Arkansas 7 $ 176,000 $ 25,142 $ 34,000
White, Arkansas 7 $ 224,000 $ 32,000 $ 29,000
Yell, Arkansas 6 $ 359,000 $ 59,833 $ 60,000
Newton, Arkansas 5 $ 111,000 $ 22,200 $ 54,000
Scott, Arkansas 5 $ 156,000 $ 31,200 $ 59,000
Sharp, Arkansas 5 $ 117,000 $ 23,400 $ 19,000
Pawnee, Oklahoma 5 $ 176,000 $ 35,200 $ 61,000
Seminole, Oklahoma 5 $ 106,000 $ 21,200 $ 77,000
Cleburne, Arkansas 4 $ 296,000 $ 74,000 $ 106,000
Fulton, Arkansas 4 $ 80,000 $ 20,000 $ 49,000
Jefferson, Arkansas 4 $ 976,000 $ 244,000 $ 25,000
Van Buren, Arkansas 4 $ 239,000 $ 59,750 $ 35,000
Carter, Oklahoma 4 $ 106,000 $ 26,500 $ 84,000
Garvin, Oklahoma 4 $ 179,000 $ 44,750 $ 66,000
McCurtain, Oklahoma 4 $ 24,000 $ 6,000 $ 23,000
Howard, Arkansas 3 $ 337,000 $ 112,333 $ 112,000
Montgomery, Arkansas 3 $ 74,000 $ 24,666 $ 57,000
Summit, Colorado 3 $ 1,246,000 $ 415,333 $ 78,000
Christian, Missouri 3 $ 407,000 $ 135,666 $ 86,000
Jackson, Missouri 3 $ 1,925,000 $ 641,666 $ 254,000
Caddo, Oklahoma 3 $ 92,000 $ 30,666 $ 48,000
Custer, Oklahoma 3 $ 109,000 $ 36,333 $ 70,000
Jackson, Oklahoma 3 $ 277,000 $ 92,333 $ 265,000
Jefferson, Oklahoma 3 $ 156,000 $ 52,000 $ 75,000
Latimer, Oklahoma 3 $ 54,000 $ 18,000 $ 70,000
Love, Oklahoma 3 $ 235,000 $ 78,333 $ 131,000
Grayson, Texas 3 $ 120,000 $ 40,000 $ 14,000
Grant, Arkansas 2 $ 19,000 $ 9,500 $ 75,000
Izard, Arkansas 2 $ 21,000 $ 10,500 $ 22,000
Prairie, Arkansas 2 $ 56,000 $ 28,000 $ 48,000
Los Angeles, California 2 $ 107,000 $ 53,500 $ 51,000
Orange, California 2 $ 119,000 $ 59,500 $ 29,000
Douglas, Colorado 2 $ 69,000 $ 34,500 $ 41,000
Lee, Florida 2 $ 325,000 $ 162,500 $ 204,000
Chautauqua, Kansas 2 $ 22,000 $ 11,000 $ 32,000
Johnson, Kansas 2 $ 90,000 $ 45,000 $ 98,000
Barton, Missouri 2 $ 58,000 $ 29,000 $ 32,000
Lawrence, Missouri 2 $ 207,000 $ 103,500 $ 0
Coal, Oklahoma 2 $ 29,000 $ 14,500 $ 69,000
Hughes, Oklahoma 2 $ 208,000 $ 104,000 $ 62,000
Kay, Oklahoma 2 $ 80,000 $ 40,000 $ 97,000
Kingfisher, Oklahoma 2 $ 98,000 $ 49,000 $ 39,000
Philadelphia, Pennsylvania 2 $ 47,000 $ 23,500 $ 25,000
King, Washington 2 $ 7,510,000 $ 3,755,000 $ 85,000
Shelby, Alabama 1 $ 50,000 $ 50,000 $ 0
Tuscaloosa, Alabama 1 $ 383,000 $ 383,000 $ 423,000
Cochise, Arizona 1 $ 60,000 $ 60,000 $ 169,000
Maricopa, Arizona 1 $ 154,000 $ 154,000 $ 75,000
Yavapai, Arizona 1 $ 20,000 $ 20,000 $ 40,000
Independence, Arkansas 1 $ 31,000 $ 31,000 $ 172,000
Lawrence, Arkansas 1 $ 12,000 $ 12,000 $ 83,000
Pike, Arkansas 1 $ 40,000 $ 40,000 $ 42,000
Monterey, California 1 $ 44,000 $ 44,000 $ 0
Riverside, California 1 $ 15,000 $ 15,000 $ 25,000
San Bernardino, California 1 $ 10,000 $ 10,000 $ 73,000
San Diego, California 1 $ 55,000 $ 55,000 $ 48,000
Sutter, California 1 $ 52,000 $ 52,000 $ 44,000
Eagle, Colorado 1 $ 17,000 $ 17,000 $ 137,000
Garfield, Colorado 1 $ 8,000 $ 8,000 $ 72,000
La Plata, Colorado 1 $ 300,000 $ 300,000 $ 55,000
Brevard, Florida 1 $ 60,000 $ 60,000 $ 143,000
Marion, Florida 1 $ 82,000 $ 82,000 $ 31,000
Miami-Dade, Florida 1 $ 30,000 $ 30,000 $ 70,000
Polk, Florida 1 $ 30,000 $ 30,000 $ 58,000
Columbia, Georgia 1 $ 35,000 $ 35,000 $ 37,000
Forsyth, Georgia 1 $ 100,000 $ 100,000 $ 28,000
Muscogee, Georgia 1 $ 36,000 $ 36,000 $ 75,000
Rockdale, Georgia 1 $ 10,000 $ 10,000 $ 100,000
Bannock, Idaho 1 $ 30,000 $ 30,000 $ 0
DuPage, Illinois 1 $ 920,000 $ 920,000 $ 0
LaSalle, Illinois 1 $ 60,000 $ 60,000 $ 52,000
Neosho, Kansas 1 $ 43,000 $ 43,000 $ 0
Riley, Kansas 1 $ 5,000 $ 5,000 $ 60,000
Saline, Kansas 1 $ 4,000 $ 4,000 $ 27,000
Sedgwick, Kansas 1 $ 25,000 $ 25,000 $ 34,000
Bossier, Louisiana 1 $ 5,000 $ 5,000 $ 74,000
Lafayette, Louisiana 1 $ 38,000 $ 38,000 $ 146,000
Kent, Michigan 1 $ 5,000 $ 5,000 $ 28,000
Oakland, Michigan 1 $ 160,000 $ 160,000 $ 120,000
Roscommon, Michigan 1 $ 10,000 $ 10,000 $ 41,000
Clay, Minnesota 1 $ 45,000 $ 45,000 $ 115,000
Isanti, Minnesota 1 $ 29,000 $ 29,000 $ 42,000
Lee, Mississippi 1 $ 85,000 $ 85,000 $ 0
Boone, Missouri 1 $ 25,000 $ 25,000 $ 64,000
Clay, Missouri 1 $ 40,000 $ 40,000 $ 16,000
Dade, Missouri 1 $ 18,000 $ 18,000 $ 55,000
Oregon, Missouri 1 $ 500,000 $ 500,000 $ 30,000
Platte, Missouri 1 $ 463,000 $ 463,000 $ 0
Polk, Missouri 1 $ 20,000 $ 20,000 $ 58,000
St. Louis, Missouri 1 $ 25,000 $ 25,000 $ 62,000
St. Louis City, Missouri 1 $ 28,000 $ 28,000 $ 0
Missoula, Montana 1 $ 12,000 $ 12,000 $ 72,000
Sarpy, Nebraska 1 $ 111,000 $ 111,000 $ 0
Socorro, New Mexico 1 $ 81,000 $ 81,000 $ 158,000
Lorain, Ohio 1 $ 40,000 $ 40,000 $ 0
Atoka, Oklahoma 1 $ 20,000 $ 20,000 $ 43,000
Bryan, Oklahoma 1 $ 48,000 $ 48,000 $ 27,000
Garfield, Oklahoma 1 $ 75,000 $ 75,000 $ 50,000
Kiowa, Oklahoma 1 $ 80,000 $ 80,000 $ 66,000
Tillman, Oklahoma 1 $ 10,000 $ 10,000 $ 29,000
Allegheny, Pennsylvania 1 $ 100,000 $ 100,000 $ 450,000
Bucks, Pennsylvania 1 $ 14,000 $ 14,000 $ 84,000
Minnehaha, South Dakota 1 $ 40,000 $ 40,000 $ 0
Brazoria, Texas 1 $ 45,000 $ 45,000 $ 350,000
Dallas, Texas 1 $ 19,000 $ 19,000 $ 30,000
Denton, Texas 1 $ 352,000 $ 352,000 $ 295,000
Harris, Texas 1 $ 59,000 $ 59,000 $ 151,000
McLennan, Texas 1 $ 37,000 $ 37,000 $ 53,000
Tarrant, Texas 1 $ 2,000 $ 2,000 $ 67,000
Travis, Texas 1 $ 325,000 $ 325,000 $ 0
Utah, Utah 1 $ 230,000 $ 230,000 $ 161,000
Fairfax, Virginia 1 $ 83,000 $ 83,000 $ 0
Milwaukee, Wisconsin 1 $ 105,000 $ 105,000 $ 72,000
Waukesha, Wisconsin 1 $ 200,000 $ 200,000 $ 88,000

Mortgage Loan Application Detail Totals for Arvest Bank Group in 2008

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 4,651 $193,935,000 $41,000 $1,680,000 $60,000 $2,418,000
Refinancing 3,943 $246,319,000 $62,000 $11,500,000 $90,000 $9,999,000
Home Purchase 594 $45,974,000 $77,000 $1,800,000 $79,000 $1,473,000

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 7,389 $351,619,000 $47,000 $2,600,000 $74,000 $9,999,000
Not Provided 956 $59,956,000 $62,000 $1,800,000 $80,000 $1,626,000
Not applicable 361 $57,301,000 $158,000 $11,500,000 $76,000 $2,418,000
Hispanic 186 $6,353,000 $34,000 $296,000 $56,000 $348,000
Black or African American 140 $4,072,000 $29,000 $383,000 $62,000 $423,000
American Indian or Alaskan Native 80 $2,498,000 $31,000 $174,000 $54,000 $206,000
Asian 57 $3,557,000 $62,000 $340,000 $84,000 $269,000
Native Hawaiian or Other Pacific Islander 19 $872,000 $45,000 $125,000 $73,000 $225,000

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) 9,188 $486,228,000 $52,000 $11,500,000 $74,000 $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 8,481 $459,852,000 $54,000 $11,500,000 $76,000 $9,999,000
Application Denied By Financial Institution 425 $14,488,000 $34,000 $2,600,000 $43,000 $1,495,000
Application Withdrawn By Applicant 277 $11,693,000 $42,000 $500,000 $74,000 $547,000
Application Approved But Not Accepted 4 $135,000 $33,000 $90,000 $63,000 $78,000
File Closed For Incompleteness 1 $60,000 $60,000 $60,000 $120,000 $120,000
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 2008 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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