Arvest Bank Group Mortgage Lending & HMDA Data, 2009

In 2009, Arvest Bank Group of Tulsa, OK reported 8,207 mortgage applications totaling $498.5 million, down 11% from 2008. The average application was for $60,742, and applicants reported an average income of $84,198. 72% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Fayetteville-Springdale-Rogers, AR-MO (2,664), Tulsa, OK (1,327) and Oklahoma City, OK (777) (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 8,207
Total Mortgage Loan Application Amount $498,511,000
Average Mortgage Loan Application Amount $60,742
Highest Mortgage Loan Application Amount $10,374,000
Average Applicant Income $84,198
Highest Applicant Income $2,700,000

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Act (HMDA) records Arvest Bank Group filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Benton, Arkansas 1,386 $ 89,522,000 $ 64,590 $ 97,000
Washington, Arkansas 1,079 $ 66,728,000 $ 61,842 $ 105,000
Tulsa, Oklahoma 979 $ 51,895,000 $ 53,008 $ 87,000
Oklahoma, Oklahoma 366 $ 21,333,000 $ 58,286 $ 100,000
Pulaski, Arkansas 335 $ 26,779,000 $ 79,937 $ 99,000
Sebastian, Arkansas 311 $ 16,105,000 $ 51,784 $ 82,000
Cleveland, Oklahoma 259 $ 9,427,000 $ 36,397 $ 83,000
Comanche, Oklahoma 198 $ 7,896,000 $ 39,878 $ 73,000
Washington, Oklahoma 179 $ 9,076,000 $ 50,703 $ 77,000
Saline, Arkansas 132 $ 4,866,000 $ 36,863 $ 76,000
Madison, Arkansas 126 $ 4,702,000 $ 37,317 $ 50,000
Pottawatomie, Oklahoma 123 $ 4,863,000 $ 39,536 $ 60,000
Wagoner, Oklahoma 118 $ 3,140,000 $ 26,610 $ 62,000
Crawford, Arkansas 105 $ 3,344,000 $ 31,847 $ 57,000
Stephens, Oklahoma 99 $ 5,876,000 $ 59,353 $ 59,000
Marion, Arkansas 98 $ 3,270,000 $ 33,367 $ 49,000
Jasper, Missouri 97 $ 8,474,000 $ 87,360 $ 71,000
Adair, Oklahoma 95 $ 5,266,000 $ 55,431 $ 45,000
Carroll, Arkansas 89 $ 6,295,000 $ 70,730 $ 67,000
Rogers, Oklahoma 89 $ 4,862,000 $ 54,629 $ 92,000
Baxter, Arkansas 88 $ 5,310,000 $ 60,340 $ 53,000
Garland, Arkansas 81 $ 10,949,000 $ 135,172 $ 70,000
Le Flore, Oklahoma 81 $ 2,272,000 $ 28,049 $ 49,000
Faulkner, Arkansas 80 $ 3,118,000 $ 38,975 $ 80,000
Creek, Oklahoma 76 $ 2,555,000 $ 33,618 $ 78,000
McDonald, Missouri 73 $ 3,262,000 $ 44,684 $ 51,000
Delaware, Oklahoma 72 $ 2,991,000 $ 41,541 $ 60,000
Boone, Arkansas 65 $ 2,978,000 $ 45,815 $ 62,000
Grady, Oklahoma 65 $ 2,796,000 $ 43,015 $ 60,000
Nowata, Oklahoma 61 $ 2,317,000 $ 37,983 $ 52,000
Newton, Missouri 58 $ 3,828,000 $ 66,000 $ 132,000
Lonoke, Arkansas 56 $ 2,198,000 $ 39,250 $ 73,000
Ottawa, Oklahoma 53 $ 2,338,000 $ 44,113 $ 50,000
Muskogee, Oklahoma 48 $ 1,260,000 $ 26,250 $ 57,000
Taney, Missouri 47 $ 4,011,000 $ 85,340 $ 87,000
Sequoyah, Oklahoma 44 $ 937,000 $ 21,295 $ 65,000
Canadian, Oklahoma 43 $ 1,570,000 $ 36,511 $ 84,000
Mayes, Oklahoma 41 $ 8,452,000 $ 206,146 $ 58,000
Pope, Arkansas 40 $ 3,072,000 $ 76,800 $ 95,000
Osage, Oklahoma 40 $ 1,199,000 $ 29,975 $ 63,000
Johnson, Arkansas 38 $ 2,705,000 $ 71,184 $ 67,000
Craig, Oklahoma 38 $ 1,145,000 $ 30,131 $ 54,000
Pittsburg, Oklahoma 30 $ 531,000 $ 17,700 $ 37,000
Logan, Arkansas 29 $ 1,240,000 $ 42,758 $ 39,000
Barry, Missouri 29 $ 1,839,000 $ 63,413 $ 72,000
Conway, Arkansas 28 $ 989,000 $ 35,321 $ 48,000
Polk, Arkansas 22 $ 963,000 $ 43,772 $ 70,000
McIntosh, Oklahoma 22 $ 569,000 $ 25,863 $ 70,000
Okmulgee, Oklahoma 22 $ 711,000 $ 32,318 $ 57,000
Stone, Missouri 20 $ 1,257,000 $ 62,850 $ 66,000
Cherokee, Oklahoma 20 $ 1,614,000 $ 80,700 $ 64,000
McClain, Oklahoma 20 $ 549,000 $ 27,450 $ 79,000
Montgomery, Kansas 19 $ 499,000 $ 26,263 $ 59,000
Payne, Oklahoma 18 $ 1,885,000 $ 104,722 $ 105,000
Greene, Missouri 15 $ 2,053,000 $ 136,866 $ 136,000
Logan, Oklahoma 15 $ 613,000 $ 40,866 $ 98,000
Newton, Arkansas 13 $ 559,000 $ 43,000 $ 60,000
Franklin, Arkansas 11 $ 416,000 $ 37,818 $ 60,000
Perry, Arkansas 11 $ 589,000 $ 53,545 $ 49,000
Caddo, Oklahoma 11 $ 181,000 $ 16,454 $ 48,000
McCurtain, Oklahoma 10 $ 64,000 $ 6,400 $ 42,000
Johnson, Kansas 9 $ 10,381,000 $ 1,153,444 $ 110,000
Lincoln, Oklahoma 9 $ 267,000 $ 29,666 $ 88,000
Pontotoc, Oklahoma 9 $ 134,000 $ 14,888 $ 89,000
Cherokee, Kansas 8 $ 166,000 $ 20,750 $ 50,000
Christian, Missouri 8 $ 1,386,000 $ 173,250 $ 173,000
Seminole, Oklahoma 8 $ 469,000 $ 58,625 $ 37,000
Cotton, Oklahoma 7 $ 318,000 $ 45,428 $ 54,000
Garvin, Oklahoma 7 $ 321,000 $ 45,857 $ 99,000
Clark, Arkansas 6 $ 240,000 $ 40,000 $ 71,000
Hot Spring, Arkansas 6 $ 420,000 $ 70,000 $ 63,000
Dallas, Texas 6 $ 10,549,000 $ 1,758,166 $ 76,000
Fulton, Arkansas 5 $ 320,000 $ 64,000 $ 26,000
Chautauqua, Kansas 5 $ 71,000 $ 14,200 $ 36,000
Garfield, Oklahoma 5 $ 347,000 $ 69,400 $ 56,000
Latimer, Oklahoma 5 $ 87,000 $ 17,400 $ 45,000
Searcy, Arkansas 4 $ 34,000 $ 8,500 $ 22,000
White, Arkansas 4 $ 129,000 $ 32,250 $ 62,000
Labette, Kansas 4 $ 557,000 $ 139,250 $ 76,000
Jackson, Missouri 4 $ 2,478,000 $ 619,500 $ 16,000
Ozark, Missouri 4 $ 149,000 $ 37,250 $ 32,000
Haskell, Oklahoma 4 $ 89,000 $ 22,250 $ 46,000
Scott, Arkansas 3 $ 26,000 $ 8,666 $ 29,000
Yell, Arkansas 3 $ 290,000 $ 96,666 $ 167,000
San Bernardino, California 3 $ 207,000 $ 69,000 $ 58,000
Lawrence, Missouri 3 $ 101,000 $ 33,666 $ 58,000
Jackson, Oklahoma 3 $ 122,000 $ 40,666 $ 113,000
Kingfisher, Oklahoma 3 $ 48,000 $ 16,000 $ 97,000
Noble, Oklahoma 3 $ 49,000 $ 16,333 $ 86,000
Pawnee, Oklahoma 3 $ 65,000 $ 21,666 $ 53,000
Maricopa, Arizona 2 $ 1,280,000 $ 640,000 $ 638,000
Cleburne, Arkansas 2 $ 1,940,000 $ 970,000 $ 1,567,000
Craighead, Arkansas 2 $ 2,236,000 $ 1,118,000 $ 21,000
Grant, Arkansas 2 $ 16,000 $ 8,000 $ 15,000
Izard, Arkansas 2 $ 31,000 $ 15,500 $ 16,000
Jefferson, Arkansas 2 $ 19,000 $ 9,500 $ 55,000
Sharp, Arkansas 2 $ 50,000 $ 25,000 $ 13,000
Stone, Arkansas 2 $ 60,000 $ 30,000 $ 149,000
Broward, Florida 2 $ 165,000 $ 82,500 $ 117,000
Lee, Florida 2 $ 408,000 $ 204,000 $ 138,000
Walton, Florida 2 $ 425,000 $ 212,500 $ 225,000
Clay, Missouri 2 $ 120,000 $ 60,000 $ 137,000
Atoka, Oklahoma 2 $ 117,000 $ 58,500 $ 67,000
Coal, Oklahoma 2 $ 18,000 $ 9,000 $ 38,000
Hughes, Oklahoma 2 $ 45,000 $ 22,500 $ 37,000
Jefferson, Oklahoma 2 $ 70,000 $ 35,000 $ 35,000
Kay, Oklahoma 2 $ 31,000 $ 15,500 $ 51,000
Love, Oklahoma 2 $ 51,000 $ 25,500 $ 53,000
Washita, Oklahoma 2 $ 11,000 $ 5,500 $ 91,000
Woodward, Oklahoma 2 $ 123,000 $ 61,500 $ 156,000
Alexandria, Virginia 2 $ 93,000 $ 46,500 $ 257,000
King, Washington 2 $ 451,000 $ 225,500 $ 75,000
Cochise, Arizona 1 $ 18,000 $ 18,000 $ 35,000
Arkansas, Arkansas 1 $ 825,000 $ 825,000 $ 583,000
Crittenden, Arkansas 1 $ 138,000 $ 138,000 $ 140,000
Cross, Arkansas 1 $ 30,000 $ 30,000 $ 70,000
Desha, Arkansas 1 $ 28,000 $ 28,000 $ 48,000
Hempstead, Arkansas 1 $ 197,000 $ 197,000 $ 298,000
Howard, Arkansas 1 $ 221,000 $ 221,000 $ 178,000
Independence, Arkansas 1 $ 13,000 $ 13,000 $ 61,000
Jackson, Arkansas 1 $ 95,000 $ 95,000 $ 81,000
Mississippi, Arkansas 1 $ 1,386,000 $ 1,386,000 $ 0
Montgomery, Arkansas 1 $ 12,000 $ 12,000 $ 17,000
Pike, Arkansas 1 $ 40,000 $ 40,000 $ 0
Van Buren, Arkansas 1 $ 80,000 $ 80,000 $ 75,000
Fresno, California 1 $ 41,000 $ 41,000 $ 0
Los Angeles, California 1 $ 20,000 $ 20,000 $ 56,000
Riverside, California 1 $ 45,000 $ 45,000 $ 11,000
Sacramento, California 1 $ 30,000 $ 30,000 $ 60,000
San Diego, California 1 $ 401,000 $ 401,000 $ 231,000
San Luis Obispo, California 1 $ 5,000 $ 5,000 $ 194,000
Ventura, California 1 $ 170,000 $ 170,000 $ 55,000
Adams, Colorado 1 $ 100,000 $ 100,000 $ 106,000
La Plata, Colorado 1 $ 300,000 $ 300,000 $ 55,000
Bay, Florida 1 $ 1,117,000 $ 1,117,000 $ 0
Clay, Florida 1 $ 305,000 $ 305,000 $ 115,000
Hillsborough, Florida 1 $ 207,000 $ 207,000 $ 700,000
Okaloosa, Florida 1 $ 553,000 $ 553,000 $ 0
Osceola, Florida 1 $ 129,000 $ 129,000 $ 0
Sarasota, Florida 1 $ 21,000 $ 21,000 $ 21,000
St. Johns, Florida 1 $ 16,000 $ 16,000 $ 118,000
DeKalb, Georgia 1 $ 50,000 $ 50,000 $ 150,000
Liberty, Georgia 1 $ 99,000 $ 99,000 $ 38,000
Cook, Illinois 1 $ 62,000 $ 62,000 $ 92,000
Madison, Illinois 1 $ 238,000 $ 238,000 $ 136,000
St. Clair, Illinois 1 $ 24,000 $ 24,000 $ 220,000
Union, Illinois 1 $ 25,000 $ 25,000 $ 114,000
Will, Illinois 1 $ 22,000 $ 22,000 $ 100,000
Audubon, Iowa 1 $ 20,000 $ 20,000 $ 32,000
Buchanan, Iowa 1 $ 20,000 $ 20,000 $ 49,000
Story, Iowa 1 $ 17,000 $ 17,000 $ 63,000
Crawford, Kansas 1 $ 133,000 $ 133,000 $ 150,000
Harvey, Kansas 1 $ 17,000 $ 17,000 $ 85,000
Mitchell, Kansas 1 $ 15,000 $ 15,000 $ 85,000
Sedgwick, Kansas 1 $ 25,000 $ 25,000 $ 39,000
Wilson, Kansas 1 $ 11,000 $ 11,000 $ 55,000
Wyandotte, Kansas 1 $ 6,635,000 $ 6,635,000 $ 0
Fayette, Kentucky 1 $ 65,000 $ 65,000 $ 180,000
Caddo, Louisiana 1 $ 35,000 $ 35,000 $ 51,000
St. Tammany, Louisiana 1 $ 174,000 $ 174,000 $ 181,000
Jackson, Michigan 1 $ 11,000 $ 11,000 $ 26,000
Oakland, Michigan 1 $ 159,000 $ 159,000 $ 120,000
St. Clair, Michigan 1 $ 29,000 $ 29,000 $ 134,000
Stearns, Minnesota 1 $ 20,000 $ 20,000 $ 101,000
DeSoto, Mississippi 1 $ 20,000 $ 20,000 $ 90,000
Jackson, Mississippi 1 $ 19,000 $ 19,000 $ 65,000
Lamar, Mississippi 1 $ 274,000 $ 274,000 $ 55,000
Lincoln, Mississippi 1 $ 40,000 $ 40,000 $ 170,000
Warren, Mississippi 1 $ 290,000 $ 290,000 $ 150,000
Adair, Missouri 1 $ 34,000 $ 34,000 $ 191,000
Barton, Missouri 1 $ 34,000 $ 34,000 $ 17,000
Butler, Missouri 1 $ 20,000 $ 20,000 $ 38,000
Howard, Missouri 1 $ 24,000 $ 24,000 $ 30,000
Lewis, Missouri 1 $ 250,000 $ 250,000 $ 55,000
Saline, Missouri 1 $ 1,000 $ 1,000 $ 19,000
St. Charles, Missouri 1 $ 55,000 $ 55,000 $ 200,000
St. Louis City, Missouri 1 $ 32,000 $ 32,000 $ 185,000
Vernon, Missouri 1 $ 18,000 $ 18,000 $ 110,000
Webster, Missouri 1 $ 4,000 $ 4,000 $ 200,000
Ravalli, Montana 1 $ 13,000 $ 13,000 $ 66,000
Douglas, Nebraska 1 $ 30,000 $ 30,000 $ 36,000
Richardson, Nebraska 1 $ 205,000 $ 205,000 $ 24,000
Wayne, New York 1 $ 124,000 $ 124,000 $ 70,000
Franklin, Ohio 1 $ 144,000 $ 144,000 $ 400,000
Hamilton, Ohio 1 $ 204,000 $ 204,000 $ 79,000
Montgomery, Ohio 1 $ 70,000 $ 70,000 $ 144,000
Carter, Oklahoma 1 $ 40,000 $ 40,000 $ 30,000
Choctaw, Oklahoma 1 $ 6,000 $ 6,000 $ 69,000
Grant, Oklahoma 1 $ 8,000 $ 8,000 $ 97,000
Marshall, Oklahoma 1 $ 66,000 $ 66,000 $ 260,000
Tillman, Oklahoma 1 $ 20,000 $ 20,000 $ 47,000
Allegheny, Pennsylvania 1 $ 95,000 $ 95,000 $ 121,000
Philadelphia, Pennsylvania 1 $ 22,000 $ 22,000 $ 56,000
Jasper, South Carolina 1 $ 16,000 $ 16,000 $ 48,000
Hamilton, Tennessee 1 $ 75,000 $ 75,000 $ 68,000
Rutherford, Tennessee 1 $ 180,000 $ 180,000 $ 29,000
Williamson, Tennessee 1 $ 22,000 $ 22,000 $ 38,000
Denton, Texas 1 $ 173,000 $ 173,000 $ 380,000
Fort Bend, Texas 1 $ 17,000 $ 17,000 $ 124,000
Gregg, Texas 1 $ 217,000 $ 217,000 $ 100,000
Harris, Texas 1 $ 417,000 $ 417,000 $ 195,000
Henderson, Texas 1 $ 18,000 $ 18,000 $ 78,000
Moore, Texas 1 $ 5,000 $ 5,000 $ 48,000
Randall, Texas 1 $ 270,000 $ 270,000 $ 174,000
Titus, Texas 1 $ 15,000 $ 15,000 $ 68,000
Williamson, Texas 1 $ 75,000 $ 75,000 $ 195,000
Arlington, Virginia 1 $ 417,000 $ 417,000 $ 177,000
Dane, Wisconsin 1 $ 300,000 $ 300,000 $ 0

Mortgage Loan Application Detail Totals for Arvest Bank Group in 2009

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 4,047 $106,204,000 $26,000 $681,000 $76,000 $1,294,000
Refinancing 3,091 $296,564,000 $95,000 $10,374,000 $95,000 $2,700,000
Home Purchase 1,069 $95,743,000 $89,000 $2,898,000 $84,000 $712,000

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 6,640 $339,677,000 $51,000 $3,070,000 $89,000 $2,700,000
Not Provided 765 $41,336,000 $54,000 $2,360,000 $64,000 $1,298,000
Hispanic 278 $8,376,000 $30,000 $417,000 $53,000 $541,000
Black or African American 216 $7,030,000 $32,000 $1,056,000 $67,000 $700,000
American Indian or Alaskan Native 135 $4,716,000 $34,000 $292,000 $52,000 $295,000
Asian 91 $8,412,000 $92,000 $771,000 $122,000 $584,000
Not applicable 80 $88,739,000 $1,109,000 $10,374,000 $0 $45,000
Native Hawaiian or Other Pacific Islander 2 $225,000 $112,000 $200,000 $122,000 $159,000

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) 8,206 $498,432,000 $60,000 $10,374,000 $84,000 $2,700,000
FHA-insured (Federal Housing Administration) 1 $79,000 $79,000 $79,000 $22,000 $22,000
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 5,900 $410,171,000 $69,000 $10,374,000 $93,000 $2,700,000
Application Denied By Financial Institution 1,489 $41,714,000 $28,000 $2,360,000 $51,000 $444,000
Application Withdrawn By Applicant 358 $23,438,000 $65,000 $1,260,000 $79,000 $836,000
Application Approved But Not Accepted 299 $10,353,000 $34,000 $474,000 $78,000 $650,000
File Closed For Incompleteness 161 $12,835,000 $79,000 $417,000 $68,000 $390,000
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 2009 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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