Logan County, AR Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 563 mortgage applications in Logan County, AR totaling $73.2 million, down 19% from 2022. The average application was for $130,000, and applicants reported an average income of $77,000. 48% of applications resulted in an originated loan and 21% were denied. The most active lender was First National Bank at Paris, with 49 applications, followed by Arvest Bank and 21st Mortgage.

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Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 563
Total Mortgage Loan Application Amount $73,225,000
Average Mortgage Loan Application Amount $130,000
Highest Mortgage Loan Application Amount $1,015,000
Average Applicant Income $77,000
Highest Applicant Income $838,000
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Top Mortgage Lenders in Logan County, AR (2023)

Ranked by the number of mortgage applications each lender reported in Logan County, AR in 2023.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 First National Bank at Paris
Paris, AR
49 $3,585,000 $73,000 $95,000
2 Arvest Bank
Tulsa, OK
41 $5,435,000 $132,000 $76,000
3 21st Mortgage
Knoxville, TN
29 $2,925,000 $100,000 $60,000
4 PennyMac Loan Services LLC
Westlake Village, CA
23 $4,145,000 $180,000 $65,000
5 Mortgage Research Center
Columbia, MO
22 $4,120,000 $187,000 $62,000
6 Vanderbilt Mortgage and Finance, Inc
Maryville, TN
19 $2,105,000 $110,000 $66,000
7 Triad Financial Services, Inc.
Jacksonville, FL
17 $1,975,000 $116,000 $64,000
8 Primelending
Dallas, TX
16 $1,500,000 $93,000 $52,000
9 Regions Bank
Birmingham, AL
15 $1,215,000 $81,000 $89,000
10 Amerihome Mortgage Company, LLC
Thousand Oaks, CA
14 $2,760,000 $197,000 $0

See every lender active in Logan County, AR in 2023 »

The tables below break down 2023 mortgage applications in Logan County, AR by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Logan County, AR in 2023

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 342 $49,240,000 $143,000 $795,000 $76,000 $838,000
Cash-out Refinancing 88 $12,810,000 $145,000 $1,015,000 $59,000 $193,000
Refinancing 63 $7,535,000 $119,000 $1,015,000 $81,000 $588,000
Home Improvement 36 $1,640,000 $45,000 $155,000 $95,000 $356,000
Other Purpose 33 $1,975,000 $59,000 $175,000 $90,000 $351,000
Not Applicable 1 $25,000 $25,000 $25,000 $588,000 $588,000

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 414 $49,580,000 $119,000 $795,000 $78,000 $838,000
Not applicable 71 $12,965,000 $182,000 $1,015,000 $114,000 $114,000
Not Provided 48 $6,650,000 $138,000 $1,015,000 $69,000 $185,000
Hispanic 13 $1,935,000 $148,000 $385,000 $86,000 $217,000
American Indian or Alaskan Native 10 $1,400,000 $140,000 $305,000 $65,000 $125,000
Black or African American 3 $165,000 $55,000 $105,000 $29,000 $40,000
Asian 2 $270,000 $135,000 $145,000 $85,000 $122,000
Native Hawaiian or Other Pacific Islander 1 $75,000 $75,000 $75,000 $37,000 $37,000

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) 345 $36,855,000 $106,000 $795,000 $83,000 $838,000
FHA-insured (Federal Housing Administration) 105 $15,285,000 $145,000 $325,000 $66,000 $279,000
VA-guaranteed (Veterans Administration) 75 $16,525,000 $220,000 $1,015,000 $69,000 $193,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 38 $4,560,000 $120,000 $215,000 $51,000 $108,000

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 269 $33,175,000 $123,000 $1,015,000 $86,000 $838,000
Application Denied By Financial Institution 118 $13,670,000 $115,000 $795,000 $62,000 $213,000
Loan Purchased By The Institution 63 $12,245,000 $194,000 $1,015,000 $84,000 $114,000
Application Withdrawn By Applicant 55 $7,355,000 $133,000 $345,000 $69,000 $197,000
File Closed For Incompleteness 40 $5,180,000 $129,000 $455,000 $65,000 $153,000
Application Approved But Not Accepted 18 $1,600,000 $88,000 $235,000 $86,000 $351,000
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 433 $58,915,000 $136,000 $1,015,000 $79,000 $588,000
Credit History 49 $5,235,000 $106,000 $325,000 $64,000 $213,000
Debt-To-Income Ratio 38 $4,240,000 $111,000 $795,000 $88,000 $838,000
Collateral 15 $1,355,000 $90,000 $195,000 $55,000 $87,000
Other 9 $1,075,000 $119,000 $265,000 $87,000 $193,000
Unverifiable Information 8 $1,030,000 $128,000 $245,000 $53,000 $99,000
Credit Application Incomplete 6 $890,000 $148,000 $345,000 $73,000 $190,000
Insufficient Cash (Downpayment, Closing Cost) 3 $325,000 $108,000 $115,000 $61,000 $75,000
Employment History 2 $160,000 $80,000 $95,000 $38,000 $47,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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