Republic Bank & Trust Mortgage Lending & HMDA Data, 2019
In 2019, Republic Bank & Trust of Norman, OK reported 499 mortgage applications totaling $104.4 million, down 11% from 2018. The average application was for $209,248, and applicants reported an average income of $129,895. 76% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Oklahoma City, OK (457), Tulsa, OK (3) and Colorado Springs, CO (2) (applications in parentheses).
| Mortgage Company & Address | Republic Bank & Trust 401 W. Main Norman, OK 73069 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 499 |
| Total Mortgage Loan Application Amount | $104,415,000 |
| Average Mortgage Loan Application Amount | $209,248 |
| Highest Mortgage Loan Application Amount | $4,805,000 |
| Average Applicant Income | $129,895 |
| Highest Applicant Income | $1,020,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Republic Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Republic Bank & Trust 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 | 333 | $64,765,000 | $194,000 | $2,205,000 | $125,000 | $1,020,000 |
| Refinancing | 111 | $29,545,000 | $266,000 | $4,805,000 | $143,000 | $913,000 |
| Cash-out Refinancing | 33 | $7,505,000 | $227,000 | $535,000 | $116,000 | $291,000 |
| Other Purpose | 15 | $1,855,000 | $123,000 | $305,000 | $188,000 | $911,000 |
| Home Improvement | 7 | $745,000 | $106,000 | $225,000 | $96,000 | $137,000 |
| Not Applicable | 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 | 342 | $65,120,000 | $190,000 | $1,335,000 | $134,000 | $1,020,000 |
| Not applicable | 85 | $25,115,000 | $295,000 | $4,805,000 | $0 | $0 |
| American Indian or Alaskan Native | 23 | $4,655,000 | $202,000 | $485,000 | $91,000 | $216,000 |
| Asian | 16 | $3,510,000 | $219,000 | $485,000 | $148,000 | $706,000 |
| Hispanic | 14 | $2,330,000 | $166,000 | $325,000 | $101,000 | $429,000 |
| Not Provided | 10 | $1,880,000 | $188,000 | $385,000 | $114,000 | $355,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $465,000 | $155,000 | $195,000 | $44,000 | $62,000 |
| Black or African American | 3 | $805,000 | $268,000 | $355,000 | $98,000 | $135,000 |
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) | 427 | $90,285,000 | $211,000 | $4,805,000 | $138,000 | $1,020,000 |
| FHA-insured (Federal Housing Administration) | 39 | $5,965,000 | $152,000 | $295,000 | $63,000 | $156,000 |
| VA-guaranteed (Veterans Administration) | 28 | $7,540,000 | $269,000 | $535,000 | $122,000 | $291,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 5 | $625,000 | $125,000 | $185,000 | $75,000 | $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 | 381 | $81,885,000 | $214,000 | $4,805,000 | $135,000 | $1,020,000 |
| Application Withdrawn By Applicant | 51 | $9,695,000 | $190,000 | $485,000 | $137,000 | $592,000 |
| Application Denied By Financial Institution | 45 | $8,175,000 | $181,000 | $505,000 | $64,000 | $178,000 |
| Application Approved But Not Accepted | 21 | $4,365,000 | $207,000 | $1,335,000 | $171,000 | $702,000 |
| File Closed For Incompleteness | 1 | $295,000 | $295,000 | $295,000 | $175,000 | $175,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 454 | $96,240,000 | $211,000 | $4,805,000 | $137,000 | $1,020,000 |
| Debt-To-Income Ratio | 25 | $4,805,000 | $192,000 | $455,000 | $51,000 | $129,000 |
| Credit History | 9 | $1,715,000 | $190,000 | $395,000 | $90,000 | $174,000 |
| Collateral | 6 | $920,000 | $153,000 | $485,000 | $78,000 | $178,000 |
| Other | 5 | $735,000 | $147,000 | $505,000 | $67,000 | $124,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Republic Bank & Trust'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 Republic Bank & Trust'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 Oklahoma, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About