Progressive National Bank Mortgage Lending & HMDA Data, 2021

In 2021, Progressive National Bank of Mansfield, LA reported 123 mortgage applications totaling $17.5 million, up 26% from 2020. The average application was for $142,479, and applicants reported an average income of $169,300. 94% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Shreveport-Bossier City, LA (111) and Longview, TX (1).

Mortgage Company & Address Progressive National Bank
300 Washington Ave
Mansfield, LA 71052
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  
Total Number of Mortgage Applications 123
Total Mortgage Loan Application Amount $17,525,000
Average Mortgage Loan Application Amount $142,479
Highest Mortgage Loan Application Amount $2,005,000
Average Applicant Income $169,300
Highest Applicant Income $1,400,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Progressive National Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Progressive National Bank by County in 2021

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Caddo, Louisiana 80 $ 12,330,000 $ 154,125 $ 198,000
De Soto, Louisiana 18 $ 1,710,000 $ 95,000 $ 97,000
Bossier, Louisiana 13 $ 1,945,000 $ 149,615 $ 146,000
Sabine, Louisiana 3 $ 235,000 $ 78,333 $ 114,000
Tensas, Louisiana 2 $ 530,000 $ 265,000 $ 587,000
Webster, Louisiana 1 $ 135,000 $ 135,000 $ 0
Cass, Texas 1 $ 145,000 $ 145,000 $ 84,000
Harrison, Texas 1 $ 245,000 $ 245,000 $ 191,000

Mortgage Loan Application Detail Totals for Progressive National Bank in 2021

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 68 $8,120,000 $119,000 $655,000 $107,000 $270,000
Refinancing 29 $6,435,000 $221,000 $2,005,000 $266,000 $587,000
Cash-out Refinancing 24 $2,740,000 $114,000 $655,000 $238,000 $1,400,000
Home Improvement 2 $230,000 $115,000 $155,000 $61,000 $87,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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
Not applicable 79 $11,985,000 $151,000 $2,005,000 $0 $0
White 33 $4,055,000 $122,000 $365,000 $193,000 $1,400,000
Black or African American 6 $230,000 $38,000 $75,000 $43,000 $95,000
Asian 2 $990,000 $495,000 $655,000 $146,000 $146,000
Not Provided 2 $240,000 $120,000 $145,000 $108,000 $122,000
American Indian or Alaskan Native 1 $25,000 $25,000 $25,000 $161,000 $161,000
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 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) 123 $17,525,000 $142,000 $2,005,000 $165,000 $1,400,000
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 116 $16,910,000 $145,000 $2,005,000 $185,000 $1,400,000
Application Approved But Not Accepted 7 $615,000 $87,000 $255,000 $67,000 $101,000
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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
Debt-To-Income Ratio 123 $17,525,000 $142,000 $2,005,000 $165,000 $1,400,000
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
Not applicable 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Progressive National Bank's 2021 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 Progressive National Bank'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.
For a list of all lenders in Louisiana, download the full spreadsheet with aggregated HMDA statistics today.

Download the Louisiana Lender List