In 2011, lenders reported 583 mortgage applications in Madison County, AR totaling $55.1 million, up 10% from 2010. The average application was for $94,000, and applicants reported an average income of $54,000. 54% of applications resulted in an originated loan and 22% were denied. The most active lender was Arvest Bank, with 131 applications, followed by Arvest Mortgage Company and Vanderbilt Mortgage and Finance, Inc.
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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 | 583 |
| Total Mortgage Loan Application Amount | $55,112,000 |
| Average Mortgage Loan Application Amount | $94,000 |
| Highest Mortgage Loan Application Amount | $1,750,000 |
| Average Applicant Income | $54,000 |
| Highest Applicant Income | $849,000 |
| Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
|---|---|---|---|---|
| Arvest Bank TULSA, OK 74103 |
* | $ 11,967,632,000 | 131 | $ 5,144,000 |
| Arvest Mortgage Company 931 W MONROE LOWELL, AR 72745 |
* | $ 11,516,509,000 | 65 | $ 7,935,000 |
| Vanderbilt Mortgage and Finance, Inc 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ 31,000,000 | 39 | $ 2,323,000 |
| JPMorgan Chase Bank, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,791,060,000,000 | 29 | $ 3,656,000 |
| Wells Fargo Bank NA MINNEAPOLIS, MN 55415 |
* | $ 1,104,833,000,000 | 23 | $ 3,086,000 |
| Bank of America NA 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,454,050,584,000 | 22 | $ 3,233,000 |
| Today's Bank 432 HARMONY RD HUNTSVILLE, AR 72740 |
* | $ 79,992,000 | 17 | $ 2,615,000 |
| Anstaff Bank N.A. PO BOX 1900 GREEN FOREST, AR 72638 |
* | $ 349,360,000 | 16 | $ 589,000 |
| Embrace Home Loans, Inc. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 16 | $ 1,672,000 |
| Iberiabank Mortgage Company 285 WEST ESPLANADE AVE, SECOND FLOOR KENNER, LA 70065 |
* | $ 499,416,000 | 13 | $ 1,566,000 |
| Bokf NA ONE WEST 3RD, 5TH FL TULSA, OK 74172 |
* | $ 24,055,290,000 | 10 | $ 1,136,000 |
| First National Bank of North Arkansas PO 367 BERRYVILLE, AR 72616 |
* | $ 134,020,000 | 10 | $ 529,000 |
| Iberiabank 285 WEST ESPLANADE AVENUE, 2ND FLOOR KENNER, LA 70065 |
* | $ 11,357,978,000 | 9 | $ 349,000 |
| US Bank, N.A. 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 310,099,589,000 | 8 | $ 550,000 |
| 21st Mortgage 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ 10,000,000 | 8 | $ 282,000 |
| United Built Homes, LLC 8500 LINE AVE SHREVEPORT, LA 71106 |
* | $ 59,713,000 | 8 | $ 839,000 |
| PHH Mortgage Corporation WEST PALM BEACH, FL 33409 |
* | $ 31,000,000 | 8 | $ 966,000 |
| Community First Bank P.O. BOX 1700 HARRISON, AR 72602 |
* | $ 540,066,000 | 8 | $ 1,057,000 |
| Reliance First Capital, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ 100,000,000 | 7 | $ 1,205,000 |
| Chambers Bank 901 MAIN STREET DANVILLE, AR 72833 |
* | $ 742,657,000 | 6 | $ 615,000 |
| Signature Bank of Arkansas 3878 N CROSSOVER ROAD STE 20 FAYETTEVILLE, AR 72703 |
* | $ 514,288,000 | 5 | $ 631,000 |
| First Federal Bank 1401 HWY 62-65N HARRISON, AR 72601 |
* | $ 599,660,000 | 4 | $ 321,000 |
| Citimortgage, Inc. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 4 | $ 557,000 |
| Wells Fargo Funding, Inc 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 4 | $ 432,000 |
| Everett Financial Inc. 14801 QUORUM DR SUITE 300 DALLAS, TX 75254 |
* | $ 3,642,000 | 4 | $ 698,000 |
| Homeowners Mortgage of America 100 GALLERIA PARKWAY STE 1400 ATLANTA, GA 30339 |
* | $ 10,000,000 | 4 | $ 428,000 |
| Regions Bank 1900 5TH AVENUE N BIRMINGHAM, AL 35203 |
* | $ 126,719,736,000 | 4 | $ 167,000 |
| First Guaranty Mortgage Corporation 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 3 | $ 428,000 |
| Plaza Home Mortgage, Inc 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ 10,000,000 | 3 | $ 377,000 |
| Suntrust Mortgage, Inc. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 162,509,568,000 | 3 | $ 455,000 |
| Truist Bank 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 153,341,765,000 | 3 | $ 426,000 |
| Priority Bank 3401 E MISSION BLVD FAYETTEVILLE, AR 72703 |
* | $ 81,053,000 | 3 | $ 272,000 |
| The Bank of Fayetteville PO BOX 1728 FAYETTEVILLE, AR 72702 |
* | $ 436,412,000 | 3 | $ 79,000 |
| Liberty Bank of Arkansas 2901 EAST HIGHLAND DRIVE JONESBORO, AR 72401 |
* | $ 2,543,031,000 | 3 | $ 280,000 |
| Truity Federal Credit Union 501 S JOHNSTONE BARTLESVILLE, OK 74003 |
* | $ 539,317,000 | 3 | $ 406,000 |
| Affiliated Mortgage Company 5700 LEGACY DRIVE STE 10 PLANO, TX 75024 |
* | $ 212,423,000 | 2 | $ 312,000 |
| Bank of the Ozarks PO BOX 8811 LITTLE ROCK, AR 72231 |
* | $ 3,261,135,000 | 2 | $ 199,000 |
| First Security Bank PO BOX 938 CONWAY, AR 72033 |
* | $ 3,509,792,000 | 2 | $ 214,000 |
| Midfirst Bank 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 10,788,420,000 | 2 | $ 151,000 |
| First Financial Bank 214 N WASHINGTON STREET EL DORADO, AR 71730 |
* | $ 726,447,000 | 2 | $ 716,000 |
| Ally Bank 2101 REXFORD ROAD, SUITE 350W CHARLOTTE, NC 28211 |
* | $ 77,423,723,000 | 2 | $ 236,000 |
| US Bk NA Nd 4325 17TH AVENUE, S.W. FARGO, ND 58103 |
* | $ 5,955,059,000 | 2 | $ 274,000 |
| USAA Federal Savings Bank 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 48,783,813,000 | 2 | $ 112,000 |
| Gmac Mortgage, LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 2 | $ 296,000 |
| Metropolitan National Bank 425 WEST CAPITOL AVE LITTLE ROCK, AR 72201 |
* | $ 1,291,734,000 | 2 | $ 181,000 |
| Home Loan Center, Inc. 11115 RUSHMORE DRIVE CHARLOTTE, NC 28277 |
* | $ 10,000,000 | 2 | $ 135,000 |
| First Residential Mortgage 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 2 | $ 348,000 |
| New Day Financial, Llc. 360 SOUTH ROSEMARY AVENUE SUITE 1900 WEST PALM BEACH, FL 33401 |
* | $ 4,088,336,000 | 2 | $ 335,000 |
| Amerisave Mortgage Company 1200 ALTMORE AVENUE BUILDING 2 SUITE 300 SANDY SPRINGS, GA 30342 |
* | $ 8,994,122,000 | 2 | $ 207,000 |
| Allquest Home Mortgage Corpora 6110 PINEMONT DR, STE 220 HOUSTON, TX 77092 |
* | $ 10,000,000 | 2 | $ 159,000 |
| Flagstar Bank NA TROY, MI 49098 |
* | $ 12,648,357,000 | 2 | $ 259,000 |
| First Horizon Bank 165 MADISON AVE 5TH FLOOR MEMPHIS, TN 38103 |
* | $ 24,832,312,000 | 1 | $ 49,000 |
| Churchill Mortgage Corporation 761 OLD HICKORY BLVD, SUITE 400 BRENTWOOD, TN 37027 |
* | $ 10,000,000 | 1 | $ 222,000 |
| Securitynational Mortgage Company 5300 SOUTH 360 WEST SALT LAKE CITY, UT 84123 |
* | $ 10,000,000 | 1 | $ 52,000 |
| Gmfs, LLC 7389 FLORIDA BLVD, STE 200-A BATON ROUGE, LA 70806 |
* | $ 10,000,000 | 1 | $ 175,000 |
| Generation Mortgage Company 3565 PIEDMONT ROAD, NE STE. 300 ATLANTA, GA 30305 |
* | $ 73,926,000 | 1 | $ 28,000 |
| Freedom Mortgage Corporation 951 YAMATO ROAD SUITE 175 BOCA RATON, FL 33431 |
* | $ 10,000,000 | 1 | $ 54,000 |
| American Financial Resources LLC 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 1 | $ 99,000 |
| Stonegate Mortgage Corporation 9190 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 |
* | $ 10,000,000 | 1 | $ 146,000 |
| United Wholesale Mortgage 40600 ANN ARBOR RD E STE 201 PLYMOUTH, MI 48170 |
* | $ 10,000,000 | 1 | $ 119,000 |
| Mortgage Clearing Corporation 5612 S LEWIS TULSA, OK 74105 |
* | $ 10,000,000 | 1 | $ 99,000 |
| American Internet Mortgage, Inc. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ 10,000,000 | 1 | $ 150,000 |
| Simmons First National Bank 501 MAIN PINE BLUFF, AR 71601 |
* | $ 1,938,992,000 | 1 | $ 35,000 |
| National Bank of Arkansas 4004 MCCAIN BLVD NORTH LITTLE ROCK, AR 72116 |
* | $ 195,492,000 | 1 | $ 143,000 |
| The Malvern National Bank 425 S. MAIN STREET MALVERN, AR 72104 |
* | $ 470,898,000 | 1 | $ 109,000 |
| National Bank of Kansas City 10700 NALL AVENUE OVERLAND PARK, KS 66211 |
* | $ 652,138,000 | 1 | $ 156,000 |
| Cbc National Bank 1891 SOUTH 14TH STREET FERNANDINA BEACH, FL 32034 |
* | $ 427,083,000 | 1 | $ 192,000 |
| Legacy National Bank 4055 W SUNSET P O BOX 6490, AR 72766 |
* | $ 247,658,000 | 1 | $ 36,000 |
| Cadence Bank P O BOX 789 TUPELO, MS 38804 |
* | $ 13,362,287,000 | 1 | $ 326,000 |
| Everbank N.A. 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 12,522,585,000 | 1 | $ 100,000 |
| Home Savings of America 35 E BROADWAY LITTLE FALLS, MN 56345 |
* | $ 457,501,000 | 1 | $ 206,000 |
| Fidelity Bank 100 E ENGLISH WICHITA, KS 67202 |
* | $ 1,640,565,000 | 1 | $ 58,000 |
| American Bank 9001 EDMONSTON ROAD SUITE 100 GREENBELT, MD 20770 |
* | $ 555,205,000 | 1 | $ 80,000 |
| Decatur State Bank 372 NORTH STATE HWY. 59 DECATUR, AR 72722 |
* | $ 203,782,000 | 1 | $ 64,000 |
| Southern Missouri Bank of Marshfield PO BOX M 1292 BANNING ST MARSHFIELD, MO 65706 |
* | $ 104,532,000 | 1 | $ 300,000 |
| Bank of Little Rock 200 N STATE STREET LITTLE ROCK, AR 72201 |
* | $ 167,193,000 | 1 | $ 33,000 |
| Simmons First Bank - Nwa 3975 W. NEW HOPE ROAD ROGERS, AR 72758 |
* | $ 269,697,000 | 1 | $ 147,000 |
| Bankers Mortgage Center, Inc. 909 NORTH 18TH STREET STE 110 MONROE, LA 71201 |
* | $ 10,000,000 | 1 | $ 100,000 |
| Delta Trust Mortgage, Inc. 11700 CANTRELL ROAD SUITE B LITTLE ROCK, AR 72223 |
* | $ 383,922,000 | 1 | $ 82,000 |
| American Southwest Mortgage Corp. 5900 MOSTELLER DRIVE SUITE 10 OKLAHOMA CITY, OK 73112 |
* | $ 143,000,000 | 1 | $ 102,000 |
| Arkansas Federal Credit Union 17500 CANTRELL LITTLE ROCK, AR 72223 |
* | $ 821,206,000 | 1 | $ 70,000 |
| Unify Financial Federal Credit Union 1899 WESTERN WAY ALLEN, TX 75013 |
* | $ 1,514,287,000 | 1 | $ 43,000 |
The tables below break down 2011 mortgage applications in Madison County, AR by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.
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 | 347 | $35,179,000 | $101,000 | $685,000 | $54,000 | $412,000 |
| Home Purchase | 196 | $19,277,000 | $98,000 | $1,750,000 | $53,000 | $849,000 |
| Home Improvement | 40 | $656,000 | $16,000 | $101,000 | $49,000 | $282,000 |
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 | 496 | $44,603,000 | $89,000 | $685,000 | $56,000 | $849,000 |
| Not Provided | 50 | $4,537,000 | $90,000 | $298,000 | $49,000 | $180,000 |
| Not applicable | 20 | $4,492,000 | $224,000 | $1,750,000 | $2,000 | $48,000 |
| Hispanic | 9 | $740,000 | $82,000 | $190,000 | $50,000 | $168,000 |
| American Indian or Alaskan Native | 6 | $620,000 | $103,000 | $145,000 | $56,000 | $78,000 |
| Asian | 1 | $116,000 | $116,000 | $116,000 | $97,000 | $97,000 |
| Black or African American | 1 | $4,000 | $4,000 | $4,000 | $62,000 | $62,000 |
| Native Hawaiian or Other 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) | 456 | $39,988,000 | $87,000 | $1,750,000 | $56,000 | $849,000 |
| FHA-insured (Federal Housing Administration) | 73 | $9,441,000 | $129,000 | $273,000 | $48,000 | $449,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 42 | $3,920,000 | $93,000 | $175,000 | $40,000 | $226,000 |
| VA-guaranteed (Veterans Administration) | 12 | $1,763,000 | $146,000 | $232,000 | $40,000 | $104,000 |
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 | 313 | $28,125,000 | $89,000 | $1,750,000 | $58,000 | $849,000 |
| Application Denied By Financial Institution | 130 | $11,455,000 | $88,000 | $326,000 | $54,000 | $449,000 |
| Loan Purchased By The Institution | 50 | $6,617,000 | $132,000 | $318,000 | $32,000 | $144,000 |
| Application Withdrawn By Applicant | 40 | $4,277,000 | $106,000 | $227,000 | $50,000 | $227,000 |
| Application Approved But Not Accepted | 33 | $2,584,000 | $78,000 | $298,000 | $48,000 | $180,000 |
| File Closed For Incompleteness | 17 | $2,054,000 | $120,000 | $222,000 | $44,000 | $81,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 28 | $2,323,000 | $82,000 | $273,000 | $71,000 | $449,000 |
| Collateral | 14 | $2,022,000 | $144,000 | $326,000 | $60,000 | $150,000 |
| Debt-To-Income Ratio | 11 | $992,000 | $90,000 | $300,000 | $62,000 | $182,000 |
| Other | 9 | $1,121,000 | $124,000 | $215,000 | $40,000 | $64,000 |
| Unverifiable Information | 2 | $287,000 | $143,000 | $144,000 | $67,000 | $71,000 |
| Credit Application Incomplete | 1 | $119,000 | $119,000 | $119,000 | $0 | $0 |
| Employment History | 1 | $30,000 | $30,000 | $30,000 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $115,000 | $115,000 | $115,000 | $32,000 | $32,000 |
| 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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