Progressive National Bank Mortgage Lending & HMDA Data, 2024

In 2024, Progressive National Bank of Mansfield, LA reported 102 mortgage applications totaling $15.1 million, down 19% from 2023. The average application was for $147,647, and applicants reported an average income of $149,137. 94% of its applications resulted in an originated loan and 2% were denied. Its largest market was Shreveport-Bossier City, LA (93).

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 102
Total Mortgage Loan Application Amount $15,060,000
Average Mortgage Loan Application Amount $147,647
Highest Mortgage Loan Application Amount $825,000
Average Applicant Income $149,137
Highest Applicant Income $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records Progressive National Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2024

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Caddo, Louisiana 50 $ 7,270,000 $ 145,400 $ 179,000
Bossier, Louisiana 22 $ 4,030,000 $ 183,181 $ 187,000
De Soto, Louisiana 21 $ 2,055,000 $ 97,857 $ 99,000
Webster, Louisiana 4 $ 1,200,000 $ 300,000 $ 125,000
Bienville, Louisiana 1 $ 135,000 $ 135,000 $ 0
Caldwell, Louisiana 1 $ 125,000 $ 125,000 $ 295,000
La Salle, Louisiana 1 $ 45,000 $ 45,000 $ 30,000
Sabine, Louisiana 1 $ 25,000 $ 25,000 $ 139,000
Panola, Texas 1 $ 175,000 $ 175,000 $ 0

Mortgage Loan Application Detail Totals for Progressive National Bank in 2024

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 56 $7,980,000 $142,000 $825,000 $155,000 $400,000
Home Purchase 46 $7,080,000 $153,000 $725,000 $142,000 $312,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
Home Improvement 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 57 $8,235,000 $144,000 $725,000 $0 $0
White 37 $6,325,000 $170,000 $825,000 $156,000 $400,000
Black or African American 6 $300,000 $50,000 $65,000 $111,000 $261,000
Hispanic 1 $45,000 $45,000 $45,000 $25,000 $25,000
Not Provided 1 $155,000 $155,000 $155,000 $222,000 $222,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 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) 102 $15,060,000 $147,000 $825,000 $149,000 $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 96 $14,470,000 $150,000 $825,000 $154,000 $400,000
Application Approved But Not Accepted 4 $500,000 $125,000 $175,000 $83,000 $95,000
Application Denied By Financial Institution 2 $90,000 $45,000 $65,000 $61,000 $61,000
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 102 $15,060,000 $147,000 $825,000 $149,000 $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 2024 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.
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