Bankers Mortgage Center, Inc. Mortgage Lending & HMDA Data, 2017
In 2017, Bankers Mortgage Center, Inc. of Monroe, LA reported 868 mortgage applications totaling $139.1 million, up 3% from 2016. The average application was for $160,307, and applicants reported an average income of $86,511. 53% of its applications resulted in an originated loan and 21% were denied. Its largest markets were Monroe, LA (280), Lake Charles, LA (36) and Pine Bluff, AR (35) (applications in parentheses).
| Mortgage Company & Address | Bankers Mortgage Center, Inc. 909 North 18th Street Ste 110 Monroe, LA 71201 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2017 2016 2015 2014 2013 2012 2011 2010 |
| Total Number of Mortgage Applications | 868 |
| Total Mortgage Loan Application Amount | $139,147,000 |
| Average Mortgage Loan Application Amount | $160,307 |
| Highest Mortgage Loan Application Amount | $1,217,000 |
| Average Applicant Income | $86,511 |
| Highest Applicant Income | $1,290,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bankers Mortgage Center, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Monroe, LA | 280 | $ 48,893,000 | $ 174,617 | $ 92,000 |
| Lake Charles, LA | 36 | $ 7,016,000 | $ 194,888 | $ 85,000 |
| Pine Bluff, AR | 35 | $ 3,435,000 | $ 98,142 | $ 69,000 |
| Shreveport-Bossier City, LA | 32 | $ 7,745,000 | $ 242,031 | $ 192,000 |
| Hattiesburg, MS | 31 | $ 4,792,000 | $ 154,580 | $ 79,000 |
| Lafayette, LA | 31 | $ 4,909,000 | $ 158,354 | $ 102,000 |
| New Orleans-Metairie, LA | 21 | $ 4,829,000 | $ 229,952 | $ 90,000 |
| Memphis, TN-MS-AR | 20 | $ 4,217,000 | $ 210,850 | $ 132,600 |
| Little Rock-North Little Rock-Conway, AR | 9 | $ 1,509,000 | $ 167,666 | $ 77,000 |
| Atlanta-Sandy Springs-Roswell, GA | 8 | $ 1,140,000 | $ 142,500 | $ 93,000 |
| Anniston-Oxford-Jacksonville, AL | 7 | $ 1,638,000 | $ 234,000 | $ 88,000 |
| Houma-Thibodaux, LA | 7 | $ 857,000 | $ 122,428 | $ 66,000 |
| Baton Rouge, LA | 6 | $ 1,299,000 | $ 216,500 | $ 121,000 |
| Jackson, MS | 6 | $ 1,559,000 | $ 259,833 | $ 89,000 |
| Hot Springs, AR | 5 | $ 969,000 | $ 193,800 | $ 133,000 |
| Texarkana, TX-AR | 4 | $ 485,000 | $ 121,250 | $ 35,250 |
| Alexandria, LA | 3 | $ 441,000 | $ 147,000 | $ 55,000 |
| Hammond, LA | 2 | $ 233,000 | $ 116,500 | $ 67,000 |
| Crestview-Fort Walton Beach-Destin, FL | 1 | $ 140,000 | $ 140,000 | $ 58,000 |
| Fort Worth-Arlington, TX | 1 | $ 260,000 | $ 260,000 | $ 158,000 |
| Greenville-Anderson-Mauldin, SC | 1 | $ 220,000 | $ 220,000 | $ 124,000 |
| Jonesboro, AR | 1 | $ 276,000 | $ 276,000 | $ 158,000 |
| Midland, TX | 1 | $ 336,000 | $ 336,000 | $ 94,000 |
| Mobile, AL | 1 | $ 150,000 | $ 150,000 | $ 86,000 |
Mortgage Loan Application Detail Totals for Bankers Mortgage Center, Inc. in 2017
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 Purchase | 605 | $97,884,000 | $161,000 | $783,000 | $84,000 | $1,290,000 |
| Refinancing | 261 | $41,016,000 | $157,000 | $1,217,000 | $92,000 | $1,021,000 |
| Home Improvement | 2 | $247,000 | $123,000 | $132,000 | $130,000 | $151,000 |
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 | 691 | $114,691,000 | $165,000 | $1,217,000 | $89,000 | $1,290,000 |
| Black or African American | 90 | $11,680,000 | $129,000 | $478,000 | $65,000 | $315,000 |
| Not Provided | 60 | $8,192,000 | $136,000 | $534,000 | $93,000 | $1,254,000 |
| Asian | 15 | $2,560,000 | $170,000 | $404,000 | $75,000 | $171,000 |
| Hispanic | 12 | $2,024,000 | $168,000 | $300,000 | $99,000 | $271,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 532 | $94,727,000 | $178,000 | $1,217,000 | $102,000 | $1,290,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 160 | $17,234,000 | $107,000 | $323,000 | $43,000 | $90,000 |
| FHA-insured (Federal Housing Administration) | 131 | $19,093,000 | $145,000 | $280,000 | $75,000 | $406,000 |
| VA-guaranteed (Veterans Administration) | 45 | $8,093,000 | $179,000 | $372,000 | $88,000 | $297,000 |
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 | 463 | $76,972,000 | $166,000 | $683,000 | $89,000 | $1,290,000 |
| Application Withdrawn By Applicant | 200 | $32,970,000 | $164,000 | $1,217,000 | $89,000 | $1,101,000 |
| Application Denied By Financial Institution | 184 | $25,786,000 | $140,000 | $783,000 | $77,000 | $1,254,000 |
| Application Approved But Not Accepted | 13 | $2,270,000 | $174,000 | $424,000 | $88,000 | $260,000 |
| File Closed For Incompleteness | 8 | $1,149,000 | $143,000 | $267,000 | $76,000 | $128,000 |
| 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 Bankers Mortgage Center, Inc.'s 2017 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 Bankers Mortgage Center, Inc.'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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