Iberiabank Mortgage Lending & HMDA Data, 2019

In 2019, Iberiabank of Kenner, LA reported 19,830 mortgage applications totaling $5.9 billion, down 3% from 2018. The average application was for $300,003, and applicants reported an average income of $169,575. 69% of its applications resulted in an originated loan and 14% were denied. Its largest markets were New Orleans-Metairie, LA (2,362), Lafayette, LA (1,375) and Fayetteville-Springdale-Rogers, AR-MO (1,276) (applications in parentheses).

Mortgage Company & Address Iberiabank
285 West Esplanade Avenue, 2nd Floor
Kenner, LA 70065
Tel #: available with data download
Federal Regulator * available with data download
Years 2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 19,830
Total Mortgage Loan Application Amount $5,949,060,000
Average Mortgage Loan Application Amount $300,003
Highest Mortgage Loan Application Amount $35,005,000
Average Applicant Income $169,575
Highest Applicant Income $9,396,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Iberiabank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Iberiabank by Metropolitan Area in 2019

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
New Orleans-Metairie, LA 2,362 $ 614,620,000 $ 260,211 $ 176,000
Outside any metro area 1,523 $ 394,175,000 $ 258,814 $ 145,141
Lafayette, LA 1,375 $ 161,495,000 $ 117,450 $ 104,000
Fayetteville-Springdale-Rogers, AR-MO 1,276 $ 260,820,000 $ 204,404 $ 113,000
Little Rock-North Little Rock-Conway, AR 1,082 $ 205,690,000 $ 190,101 $ 121,000
Memphis, TN-MS-AR 951 $ 198,315,000 $ 208,533 $ 125,464
Nashville-Davidson--Murfreesboro--Franklin, TN 864 $ 224,390,000 $ 259,710 $ 101,000
Baton Rouge, LA 809 $ 162,345,000 $ 200,673 $ 220,000
Dallas-Plano-Irving, TX 672 $ 310,500,000 $ 462,053 $ 229,000
Atlanta-Sandy Springs-Roswell, GA 649 $ 252,125,000 $ 388,482 $ 228,000
Miami-Miami Beach-Kendall, FL 639 $ 489,275,000 $ 765,688 $ 379,000
Tampa-St. Petersburg-Clearwater, FL 623 $ 182,045,000 $ 292,207 $ 158,000
Lake Charles, LA 512 $ 58,340,000 $ 113,945 $ 116,000
Orlando-Kissimmee-Sanford, FL 500 $ 155,880,000 $ 311,760 $ 219,000
Birmingham-Hoover, AL 492 $ 119,260,000 $ 242,398 $ 185,000
Jackson, MS 458 $ 94,020,000 $ 205,283 $ 90,000
Houston-The Woodlands-Sugar Land, TX 411 $ 343,655,000 $ 836,143 $ 265,000
Cape Coral-Fort Myers, FL 400 $ 79,080,000 $ 197,700 $ 118,000
West Palm Beach-Boca Raton-Delray Beach, FL 363 $ 204,565,000 $ 563,539 $ 331,000
Huntsville, AL 352 $ 111,260,000 $ 316,079 $ 134,000
St. Louis, MO-IL 342 $ 72,140,000 $ 210,935 $ 102,219
North Port-Sarasota-Bradenton, FL 266 $ 57,390,000 $ 215,751 $ 133,000
Deltona-Daytona Beach-Ormond Beach, FL 264 $ 48,240,000 $ 182,727 $ 96,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 230 $ 137,690,000 $ 598,652 $ 313,000
Monroe, LA 230 $ 35,190,000 $ 153,000 $ 123,000
Jonesboro, AR 227 $ 39,905,000 $ 175,792 $ 170,000
Naples-Immokalee-Marco Island, FL 215 $ 80,725,000 $ 375,465 $ 161,000
Houma-Thibodaux, LA 177 $ 19,215,000 $ 108,559 $ 119,000
Daphne-Fairhope-Foley, AL 167 $ 60,165,000 $ 360,269 $ 296,000
Mobile, AL 151 $ 37,415,000 $ 247,781 $ 187,000
Jacksonville, FL 137 $ 55,015,000 $ 401,569 $ 216,000
Palm Bay-Melbourne-Titusville, FL 104 $ 54,580,000 $ 524,807 $ 111,000
New York-Jersey City-White Plains, NY-NJ 88 $ 177,020,000 $ 2,011,590 $ 1,028,761
Shreveport-Bossier City, LA 80 $ 26,110,000 $ 326,375 $ 135,000
Gulfport-Biloxi-Pascagoula, MS 56 $ 15,700,000 $ 280,357 $ 186,000
Fort Worth-Arlington, TX 45 $ 24,895,000 $ 553,222 $ 204,000
Crestview-Fort Walton Beach-Destin, FL 41 $ 28,925,000 $ 705,487 $ 603,000
Greenville-Anderson-Mauldin, SC 38 $ 12,550,000 $ 330,263 $ 281,000
Port St. Lucie, FL 38 $ 18,650,000 $ 490,789 $ 244,000
Hammond, LA 34 $ 4,730,000 $ 139,117 $ 82,000
Austin-Round Rock, TX 29 $ 21,485,000 $ 740,862 $ 330,000
Hot Springs, AR 25 $ 4,215,000 $ 168,600 $ 113,000
Decatur, AL 24 $ 4,980,000 $ 207,500 $ 104,000
Nassau County-Suffolk County, NY 20 $ 42,620,000 $ 2,131,000 $ 458,000
Lakeland-Winter Haven, FL 19 $ 2,595,000 $ 136,578 $ 75,000
Punta Gorda, FL 17 $ 2,755,000 $ 162,058 $ 161,000
Bridgeport-Stamford-Norwalk, CT 16 $ 22,020,000 $ 1,376,250 $ 575,000
Charlotte-Concord-Gastonia, NC-SC 14 $ 5,060,000 $ 361,428 $ 194,000
Pensacola-Ferry Pass-Brent, FL 14 $ 5,020,000 $ 358,571 $ 298,000
San Antonio-New Braunfels, TX 14 $ 10,760,000 $ 768,571 $ 361,000
Athens-Clarke County, GA 13 $ 4,385,000 $ 337,307 $ 70,000
Chattanooga, TN-GA 13 $ 3,265,000 $ 251,153 $ 155,230
Tallahassee, FL 13 $ 2,475,000 $ 190,384 $ 185,000
Fort Smith, AR-OK 12 $ 2,790,000 $ 232,500 $ 120,416
Knoxville, TN 12 $ 2,250,000 $ 187,500 $ 152,000
Montgomery, AL 12 $ 2,510,000 $ 209,166 $ 189,000
Jackson, TN 11 $ 1,445,000 $ 131,363 $ 67,000
Tulsa, OK 11 $ 1,805,000 $ 164,090 $ 130,000
Homosassa Springs, FL 9 $ 1,855,000 $ 206,111 $ 388,000
Spartanburg, SC 9 $ 1,365,000 $ 151,666 $ 104,000
Charleston-North Charleston, SC 8 $ 3,250,000 $ 406,250 $ 213,000
Florence-Muscle Shoals, AL 8 $ 1,550,000 $ 193,750 $ 84,000
Greensboro-High Point, NC 8 $ 1,130,000 $ 141,250 $ 194,000
Hilton Head Island-Bluffton-Beaufort, SC 8 $ 3,860,000 $ 482,500 $ 212,000
Ocala, FL 8 $ 1,680,000 $ 210,000 $ 143,000
Pine Bluff, AR 8 $ 560,000 $ 70,000 $ 56,000
Tuscaloosa, AL 7 $ 1,465,000 $ 209,285 $ 176,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 7 $ 2,885,000 $ 412,142 $ 233,285
Clarksville, TN-KY 6 $ 1,150,000 $ 191,666 $ 70,000
Louisville/Jefferson County, KY-IN 6 $ 3,970,000 $ 661,666 $ 1,675,000
Sebastian-Vero Beach, FL 6 $ 1,820,000 $ 303,333 $ 196,000
Alexandria, LA 5 $ 805,000 $ 161,000 $ 170,000
Asheville, NC 5 $ 2,175,000 $ 435,000 $ 382,000
Auburn-Opelika, AL 5 $ 865,000 $ 173,000 $ 129,000
Columbia, SC 5 $ 2,635,000 $ 527,000 $ 233,000
Gainesville, GA 5 $ 1,185,000 $ 237,000 $ 107,000
Oklahoma City, OK 5 $ 1,285,000 $ 257,000 $ 104,000
Phoenix-Mesa-Scottsdale, AZ 5 $ 2,375,000 $ 475,000 $ 170,000
Savannah, GA 5 $ 1,765,000 $ 353,000 $ 258,000
Beaumont-Port Arthur, TX 4 $ 640,000 $ 160,000 $ 66,000
Columbus, GA-AL 4 $ 550,000 $ 137,500 $ 97,000
Gainesville, FL 4 $ 14,480,000 $ 3,620,000 $ 91,000
Panama City, FL 4 $ 820,000 $ 205,000 $ 124,000
Tyler, TX 4 $ 1,500,000 $ 375,000 $ 183,000
Virginia Beach-Norfolk-Newport News, VA-NC 4 $ 1,550,000 $ 387,500 $ 134,500
Winston-Salem, NC 4 $ 1,160,000 $ 290,000 $ 104,000
Anaheim-Santa Ana-Irvine, CA 3 $ 2,345,000 $ 781,666 $ 100,000
Bowling Green, KY 3 $ 1,325,000 $ 441,666 $ 147,000
Brunswick, GA 3 $ 11,905,000 $ 3,968,333 $ 245,000
Cape Girardeau, MO-IL 3 $ 965,000 $ 321,666 $ 186,000
Chicago-Naperville, IL 3 $ 2,595,000 $ 865,000 $ 994,000
Cleveland, TN 3 $ 825,000 $ 275,000 $ 469,000
Hattiesburg, MS 3 $ 505,000 $ 168,333 $ 83,000
Los Angeles-Long Beach-Glendale, CA 3 $ 1,785,000 $ 595,000 $ 894,000
Macon-Bibb County, GA 3 $ 1,995,000 $ 665,000 $ 75,000
New York-Newark, NY 3 $ 1,235,000 $ 411,666 $ 269,333
Newark, NJ-PA 3 $ 1,035,000 $ 345,000 $ 165,000
Oxnard-Thousand Oaks-Ventura, CA 3 $ 2,775,000 $ 925,000 $ 1,431,000
Portland-South Portland, ME 3 $ 1,135,000 $ 378,333 $ 989,000
Raleigh, NC 3 $ 17,615,000 $ 5,871,666 $ 81,000
Sebring, FL 3 $ 225,000 $ 75,000 $ 322,000
The Villages, FL 3 $ 375,000 $ 125,000 $ 151,000
Barnstable Town, MA 2 $ 1,190,000 $ 595,000 $ 249,000
Boulder, CO 2 $ 3,320,000 $ 1,660,000 $ 351,000
Burlington, NC 2 $ 710,000 $ 355,000 $ 243,000
College Station-Bryan, TX 2 $ 27,160,000 $ 13,580,000 $ 117,000
Durham-Chapel Hill, NC 2 $ 1,060,000 $ 530,000 $ 528,000
Gadsden, AL 2 $ 470,000 $ 235,000 $ 237,000
Hickory-Lenoir-Morganton, NC 2 $ 340,000 $ 170,000 $ 110,000
Hinesville, GA 2 $ 90,000 $ 45,000 $ 67,000
Kansas City, MO-KS 2 $ 520,000 $ 260,000 $ 217,000
Las Vegas-Henderson-Paradise, NV 2 $ 5,350,000 $ 2,675,000 $ 700,000
Longview, TX 2 $ 320,000 $ 160,000 $ 77,000
McAllen-Edinburg-Mission, TX 2 $ 1,140,000 $ 570,000 $ 361,000
New Haven-Milford, CT 2 $ 910,000 $ 455,000 $ 460,000
Pittsburgh, PA 2 $ 270,000 $ 135,000 $ 231,000
Salinas, CA 2 $ 5,430,000 $ 2,715,000 $ 0
San Angelo, TX 2 $ 640,000 $ 320,000 $ 239,000
Sherman-Denison, TX 2 $ 340,000 $ 170,000 $ 150,000
Victoria, TX 2 $ 370,000 $ 185,000 $ 199,000
Amarillo, TX 1 $ 465,000 $ 465,000 $ 207,000
Augusta-Richmond County, GA-SC 1 $ 285,000 $ 285,000 $ 90,000
Boise City, ID 1 $ 375,000 $ 375,000 $ 193,000
Buffalo-Cheektowaga-Niagara Falls, NY 1 $ 325,000 $ 325,000 $ 107,000
Carbondale-Marion, IL 1 $ 205,000 $ 205,000 $ 105,000
Cincinnati, OH-KY-IN 1 $ 275,000 $ 275,000 $ 166,000
Colorado Springs, CO 1 $ 395,000 $ 395,000 $ 400,000
Columbia, MO 1 $ 205,000 $ 205,000 $ 51,000
Corpus Christi, TX 1 $ 325,000 $ 325,000 $ 114,000
Denver-Aurora-Lakewood, CO 1 $ 565,000 $ 565,000 $ 194,000
Dothan, AL 1 $ 125,000 $ 125,000 $ 72,000
El Paso, TX 1 $ 165,000 $ 165,000 $ 51,000
Fayetteville, NC 1 $ 195,000 $ 195,000 $ 54,000
Indianapolis-Carmel-Anderson, IN 1 $ 655,000 $ 655,000 $ 335,000
Jacksonville, NC 1 $ 1,065,000 $ 1,065,000 $ 0
Kalamazoo-Portage, MI 1 $ 165,000 $ 165,000 $ 59,000
Killeen-Temple, TX 1 $ 95,000 $ 95,000 $ 276,000
Lawrence, KS 1 $ 155,000 $ 155,000 $ 81,000
Lubbock, TX 1 $ 155,000 $ 155,000 $ 75,000
Manchester-Nashua, NH 1 $ 375,000 $ 375,000 $ 119,000
Midland, TX 1 $ 155,000 $ 155,000 $ 300,000
Milwaukee-Waukesha-West Allis, WI 1 $ 485,000 $ 485,000 $ 126,000
Montgomery County-Bucks County-Chester County, PA 1 $ 475,000 $ 475,000 $ 136,000
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 1 $ 315,000 $ 315,000 $ 285,000
New Bern, NC 1 $ 225,000 $ 225,000 $ 150,000
Ocean City, NJ 1 $ 1,485,000 $ 1,485,000 $ 945,000
Owensboro, KY 1 $ 235,000 $ 235,000 $ 70,000
Providence-Warwick, RI-MA 1 $ 1,605,000 $ 1,605,000 $ 0
Reno, NV 1 $ 115,000 $ 115,000 $ 120,000
Richmond, VA 1 $ 1,215,000 $ 1,215,000 $ 772,000
Rochester, NY 1 $ 205,000 $ 205,000 $ 433,000
Rome, GA 1 $ 55,000 $ 55,000 $ 35,000
Sacramento--Roseville--Arden-Arcade, CA 1 $ 375,000 $ 375,000 $ 79,000
San Diego-Carlsbad, CA 1 $ 1,215,000 $ 1,215,000 $ 0
San Francisco-Redwood City-South San Francisco, CA 1 $ 705,000 $ 705,000 $ 0
San Rafael, CA 1 $ 725,000 $ 725,000 $ 219,000
Santa Fe, NM 1 $ 955,000 $ 955,000 $ 1,587,000
Santa Rosa, CA 1 $ 255,000 $ 255,000 $ 347,000
Seattle-Bellevue-Everett, WA 1 $ 725,000 $ 725,000 $ 334,000
Syracuse, NY 1 $ 145,000 $ 145,000 $ 56,000
Texarkana, TX-AR 1 $ 65,000 $ 65,000 $ 72,000
Toledo, OH 1 $ 205,000 $ 205,000 $ 115,000
Trenton, NJ 1 $ 425,000 $ 425,000 $ 223,000
Waco, TX 1 $ 85,000 $ 85,000 $ 42,000
Warner Robins, GA 1 $ 105,000 $ 105,000 $ 114,000
Warren-Troy-Farmington Hills, MI 1 $ 255,000 $ 255,000 $ 120,000
Wilmington, NC 1 $ 55,000 $ 55,000 $ 113,000
Worcester, MA-CT 1 $ 485,000 $ 485,000 $ 65,000

Mortgage Loan Application Detail Totals for Iberiabank in 2019

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 9,497 $3,233,775,000 $340,000 $33,375,000 $146,000 $6,040,000
Refinancing 4,821 $1,547,675,000 $321,000 $35,005,000 $201,000 $6,382,000
Home Improvement 2,280 $276,860,000 $121,000 $6,005,000 $178,000 $9,396,000
Other Purpose 1,722 $317,580,000 $184,000 $6,005,000 $200,000 $8,376,000
Cash-out Refinancing 1,441 $568,225,000 $394,000 $10,505,000 $177,000 $4,676,000
Not Applicable 69 $4,945,000 $71,000 $165,000 $26,000 $46,000

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 14,078 $3,973,390,000 $282,000 $23,005,000 $174,000 $9,396,000
Not Provided 1,807 $541,825,000 $299,000 $10,505,000 $211,000 $4,567,000
Black or African American 1,476 $237,110,000 $160,000 $1,605,000 $87,000 $1,800,000
Hispanic 1,291 $389,225,000 $301,000 $10,005,000 $163,000 $6,040,000
Not applicable 513 $619,445,000 $1,207,000 $35,005,000 $0 $0
Asian 477 $137,555,000 $288,000 $6,005,000 $156,000 $3,968,000
American Indian or Alaskan Native 84 $18,020,000 $214,000 $745,000 $117,000 $548,000
Native Hawaiian or Other Pacific Islander 16 $5,310,000 $331,000 $2,705,000 $82,000 $222,000

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) 17,353 $5,405,075,000 $311,000 $35,005,000 $183,000 $9,396,000
FHA-insured (Federal Housing Administration) 1,507 $306,655,000 $203,000 $605,000 $68,000 $538,000
VA-guaranteed (Veterans Administration) 672 $190,180,000 $283,000 $1,085,000 $95,000 $1,000,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 298 $47,150,000 $158,000 $365,000 $53,000 $110,000

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 13,704 $4,366,960,000 $318,000 $35,005,000 $178,000 $9,396,000
Application Denied By Financial Institution 2,714 $552,730,000 $203,000 $23,005,000 $118,000 $6,387,000
Application Withdrawn By Applicant 1,968 $700,510,000 $355,000 $8,805,000 $180,000 $6,245,000
Application Approved But Not Accepted 806 $158,090,000 $196,000 $17,005,000 $201,000 $3,364,000
Loan Purchased By The Institution 399 $56,125,000 $140,000 $515,000 $40,000 $285,000
File Closed For Incompleteness 239 $114,645,000 $479,000 $6,005,000 $297,000 $6,382,000
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
Not applicable 17,116 $5,396,330,000 $315,000 $35,005,000 $177,000 $9,396,000
Debt-To-Income Ratio 1,209 $247,225,000 $204,000 $4,935,000 $80,000 $1,739,000
Credit History 800 $103,430,000 $129,000 $3,005,000 $116,000 $4,813,000
Collateral 520 $115,390,000 $221,000 $10,505,000 $198,000 $6,387,000
Other 76 $18,500,000 $243,000 $3,105,000 $168,000 $2,192,000
Insufficient Cash (Downpayment, Closing Cost) 37 $47,555,000 $1,285,000 $23,005,000 $113,000 $450,000
Unverifiable Information 35 $11,675,000 $333,000 $2,805,000 $183,000 $1,710,000
Employment History 24 $5,300,000 $220,000 $2,155,000 $113,000 $586,000
Credit Application Incomplete 13 $3,655,000 $281,000 $915,000 $71,000 $127,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Iberiabank's 2019 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 Iberiabank'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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