Arvest Mortgage Company
Mortgage Loan Application
Totals and Details
for 2003

Find mortgage loan statistics, lending data, and loan application totals for Arkansas.
The mortgage statistics and data below are specific to mortgage loan applications for Arvest Mortgage Company.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.

Mortgage Company & Address Arvest Mortgage Company
931 W Monroe
Lowell, AR 72745
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 12,921
Total Mortgage Loan Application Amount $1,445,588,000
Average Mortgage Loan Application Amount $143,111
Highest Mortgage Loan Application Amount $1,298,000
Average Applicant Income $76,777
Highest Applicant Income $4,042,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in AR, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Download the Arkansas Lender List

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Arkansas, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Arvest Mortgage Company in 2003

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
Refinancing (home purchase or home improvement, one-to-four family) 8,872 $1,011,785,000 $111,500 $1,298,000 $81,250 $2,784,000
Home Purchase (one-to-four family) 4,048 $433,673,000 $157,888 $844,000 $79,055 $4,042,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 1 $130,000 $130,000 $130,000 $0 $0
Home Improvement (one-to-four family) 0 $0 $0 $0 $0 $0

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 11,585 $1,309,772,000 $156,666 $1,298,000 $83,000 $4,042,000
Hispanic 465 $37,567,000 $81,750 $325,000 $46,250 $250,000
Information not provided by applicant in mail or telephone application 294 $36,737,000 $142,500 $1,000,000 $79,250 $775,000
Black 188 $23,005,000 $148,600 $683,000 $80,800 $721,000
American Indian or Alaskan Native 163 $12,780,000 $85,666 $323,000 $50,000 $390,000
Asian or Pacific Islander 158 $17,757,000 $128,750 $415,000 $84,250 $543,000
Other 56 $6,909,000 $115,666 $306,000 $118,333 $600,000
Not applicable 12 $1,061,000 $88,500 $155,000 $67,500 $122,000

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) 11,493 $1,315,244,000 $157,944 $1,298,000 $84,500 $4,042,000
FHA-insured (Federal Housing Administration) 1,052 $89,667,000 $78,500 $157,000 $38,500 $384,000
VA-guaranteed (Veterans Administration) 364 $39,853,000 $119,750 $274,000 $57,000 $242,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 12 $824,000 $61,500 $102,000 $27,500 $53,000

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 10,962 $1,241,092,000 $158,722 $1,298,000 $89,444 $1,440,000
Application Denied By Financial Institution 998 $95,524,000 $94,500 $710,000 $49,166 $2,784,000
File Closed For Incompleteness 539 $62,442,000 $125,500 $1,000,000 $86,166 $4,042,000
Application Withdrawn By Applicant 280 $31,226,000 $115,285 $700,000 $54,714 $845,000
Application Approved But Not Accepted 142 $15,304,000 $111,000 $323,000 $65,000 $775,000
Loan Purchased By The 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
Credit History 279 $23,630,000 $71,800 $461,000 $43,600 $1,392,000
Debt-To-Income Ratio 259 $28,765,000 $119,750 $710,000 $42,750 $254,000
Other 211 $19,296,000 $100,000 $465,000 $56,600 $540,000
Collateral 111 $9,636,000 $89,333 $462,000 $64,333 $2,784,000
Credit Application Incomplete 85 $9,352,000 $111,333 $556,000 $45,000 $177,000
Employment History 36 $3,328,000 $92,333 $239,000 $35,333 $154,000
Insufficient Cash (Downpayment, Closing Cost) 16 $1,479,000 $94,750 $240,000 $39,250 $107,000
Unverifiable Information 1 $38,000 $38,000 $38,000 $17,000 $17,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in AR, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Arkansas, and search similar information at your convenience.

Download the Arkansas Lender List