The Bank N A Mortgage Lending & HMDA Data, 2003
In 2003, The Bank N A of McAlester, OK reported 416 mortgage applications totaling $21.2 million. The average application was for $50,906, and applicants reported an average income of $51,918. 87% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Oklahoma City, OK (14) and Tulsa, OK (1).
| Mortgage Company & Address | The Bank N A P O Box 1067 McAlester, OK 74502 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2003 |
| Total Number of Mortgage Applications | 416 |
| Total Mortgage Loan Application Amount | $21,177,000 |
| Average Mortgage Loan Application Amount | $50,906 |
| Highest Mortgage Loan Application Amount | $700,000 |
| Average Applicant Income | $51,918 |
| Highest Applicant Income | $3,000,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records The Bank N A filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 The Bank N A in 2003
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 (home purchase or home improvement, one-to-four family) | 182 | $11,423,000 | $62,000 | $700,000 | $59,000 | $3,000,000 |
| Home Purchase (one-to-four family) | 154 | $7,632,000 | $49,000 | $380,000 | $50,000 | $994,000 |
| Home Improvement (one-to-four family) | 79 | $2,022,000 | $25,000 | $120,000 | $40,000 | $249,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 1 | $100,000 | $100,000 | $100,000 | $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 | 378 | $19,817,000 | $52,000 | $700,000 | $53,000 | $3,000,000 |
| American Indian or Alaskan Native | 28 | $1,154,000 | $41,000 | $149,000 | $39,000 | $104,000 |
| Black | 6 | $90,000 | $15,000 | $25,000 | $48,000 | $83,000 |
| Hispanic | 4 | $116,000 | $29,000 | $77,000 | $30,000 | $50,000 |
| Information not provided by applicant in mail or telephone application | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian or 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) | 416 | $21,177,000 | $50,000 | $700,000 | $49,000 | $3,000,000 |
| 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 | 362 | $18,780,000 | $51,000 | $700,000 | $62,000 | $3,000,000 |
| Application Denied By Financial Institution | 47 | $2,216,000 | $47,000 | $380,000 | $34,000 | $144,000 |
| Application Withdrawn By Applicant | 7 | $181,000 | $25,000 | $56,000 | $37,000 | $72,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 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 |
|---|---|---|---|---|---|---|
| Credit History | 30 | $1,351,000 | $45,000 | $380,000 | $37,000 | $144,000 |
| Debt-To-Income Ratio | 6 | $212,000 | $35,000 | $94,000 | $30,000 | $70,000 |
| Employment History | 4 | $97,000 | $24,000 | $37,000 | $27,000 | $66,000 |
| Collateral | 3 | $220,000 | $73,000 | $152,000 | $39,000 | $64,000 |
| Unverifiable Information | 2 | $74,000 | $37,000 | $55,000 | $22,000 | $26,000 |
| Other | 1 | $12,000 | $12,000 | $12,000 | $57,000 | $57,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $250,000 | $250,000 | $250,000 | $18,000 | $18,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The Bank N A's 2003 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 The Bank N A'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