The First, A National Banking Association Mortgage Lending & HMDA Data, 2003
In 2003, The First, A National Banking Association of Hattiesburg, MS reported 542 mortgage applications totaling $49.8 million. The average application was for $91,845, and applicants reported an average income of $84,016. 38% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Hattiesburg, MS (353), Biloxi-Gulfport-Pascagoula, MS (9) and Baton Rouge, LA (2) (applications in parentheses).
| Mortgage Company & Address | The First, A National Banking Association P.O. Box 15549 Hattiesburg, MS 39404 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 542 |
| Total Mortgage Loan Application Amount | $49,780,000 |
| Average Mortgage Loan Application Amount | $91,845 |
| Highest Mortgage Loan Application Amount | $490,000 |
| Average Applicant Income | $84,016 |
| Highest Applicant Income | $1,943,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records The First, A National Banking Association filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 First, A National Banking Association 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) | 331 | $33,051,000 | $75,000 | $490,000 | $164,500 | $1,943,000 |
| Home Purchase (one-to-four family) | 169 | $15,992,000 | $98,333 | $450,000 | $63,000 | $624,000 |
| Home Improvement (one-to-four family) | 40 | $333,000 | $6,000 | $75,000 | $52,000 | $186,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 2 | $404,000 | $202,000 | $208,000 | $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 | 482 | $44,317,000 | $82,800 | $490,000 | $47,000 | $950,000 |
| Black | 30 | $2,306,000 | $68,500 | $213,000 | $37,000 | $120,000 |
| Not applicable | 21 | $1,938,000 | $86,000 | $283,000 | $617,000 | $1,943,000 |
| Information not provided by applicant in mail or telephone application | 4 | $354,000 | $62,500 | $181,000 | $60,500 | $119,000 |
| Asian or Pacific Islander | 2 | $390,000 | $195,000 | $300,000 | $100,000 | $125,000 |
| American Indian or Alaskan Native | 1 | $100,000 | $100,000 | $100,000 | $46,000 | $46,000 |
| Hispanic | 1 | $55,000 | $55,000 | $55,000 | $52,000 | $52,000 |
| Other | 1 | $320,000 | $320,000 | $320,000 | $192,000 | $192,000 |
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) | 530 | $48,735,000 | $82,000 | $490,000 | $77,400 | $1,943,000 |
| FHA-insured (Federal Housing Administration) | 11 | $916,000 | $83,000 | $114,000 | $29,000 | $63,000 |
| VA-guaranteed (Veterans Administration) | 1 | $129,000 | $129,000 | $129,000 | $48,000 | $48,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 |
|---|---|---|---|---|---|---|
| Application Withdrawn By Applicant | 252 | $27,378,000 | $100,750 | $423,000 | $67,000 | $500,000 |
| Loan Originated | 206 | $16,268,000 | $76,000 | $463,000 | $234,500 | $1,943,000 |
| Application Denied By Financial Institution | 83 | $5,988,000 | $62,333 | $490,000 | $23,333 | $125,000 |
| Loan Purchased By The Institution | 1 | $146,000 | $146,000 | $146,000 | $66,000 | $66,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 | 53 | $3,452,000 | $53,000 | $490,000 | $32,000 | $110,000 |
| Debt-To-Income Ratio | 15 | $1,145,000 | $77,000 | $168,000 | $18,500 | $58,000 |
| Collateral | 7 | $643,000 | $54,000 | $300,000 | $32,500 | $125,000 |
| Employment History | 5 | $370,000 | $50,000 | $185,000 | $28,500 | $102,000 |
| Unverifiable Information | 2 | $270,000 | $135,000 | $135,000 | $50,000 | $55,000 |
| Credit Application Incomplete | 1 | $108,000 | $108,000 | $108,000 | $120,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The First, A National Banking Association'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 First, A National Banking Association'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 Mississippi, 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