McCurtain County, OK Mortgage Lenders & HMDA Data, 2007

In 2007, lenders reported 821 mortgage applications in McCurtain County, OK totaling $73.6 million, down 22% from 2006. The average application was for $89,000, and applicants reported an average income of $69,000. 33% of applications resulted in an originated loan and 27% were denied. The most active lender was Countrywide Home Loans, with 70 applications, followed by Citimortgage, Inc and Countrywide Bank FSB.

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Total Number of Mortgage Applications 821
Total Mortgage Loan Application Amount $73,563,000
Average Mortgage Loan Application Amount $89,000
Highest Mortgage Loan Application Amount $600,000
Average Applicant Income $69,000
Highest Applicant Income $1,000,000
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Top Mortgage Lenders in McCurtain County, OK (2007)

Ranked by the number of mortgage applications each lender reported in McCurtain County, OK in 2007.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Countrywide Home Loans
Westlake Village, CA
70 $6,512,000 $93,000 $83,000
2 Citimortgage, Inc
New York, NY
54 $5,974,000 $110,000 $69,000
3 Countrywide Bank FSB
Westlake Village, CA
50 $5,539,000 $110,000 $112,000
4 Citifinancial Equity Services
Baltimore, MD
39 $1,863,000 $47,000 $36,000
5 Gmac Mortgage LLC
Ft. Washington, PA
38 $3,263,000 $85,000 $37,000
6 Beneficial Company LLC
Mettawa, IL
31 $2,273,000 $73,000 $61,000
7 Nationstar Mortgage
Coppell, TX
30 $2,330,000 $77,000 $42,000
8 JPMorgan Chase Bank, NA
Columbus, OH
27 $2,185,000 $80,000 $52,000
9 Wells Fargo Bank, NA
Des Moines, IA
22 $1,976,000 $89,000 $69,000
10 Bank of America, N.A.
Calabasas, CA
20 $1,778,000 $88,000 $58,000

See every lender active in McCurtain County, OK in 2007 »

The tables below break down 2007 mortgage applications in McCurtain County, OK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for McCurtain County, OK in 2007

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 412 $35,742,000 $86,000 $530,000 $57,000 $531,000
Home Purchase 340 $34,684,000 $102,000 $600,000 $87,000 $1,000,000
Home Improvement 69 $3,137,000 $45,000 $297,000 $55,000 $210,000

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 543 $50,363,000 $92,000 $530,000 $78,000 $1,000,000
Not Provided 98 $8,855,000 $90,000 $380,000 $71,000 $259,000
Not applicable 65 $6,433,000 $98,000 $600,000 $39,000 $464,000
American Indian or Alaskan Native 56 $3,904,000 $69,000 $240,000 $45,000 $128,000
Black or African American 44 $2,802,000 $63,000 $156,000 $39,000 $109,000
Hispanic 10 $666,000 $66,000 $225,000 $37,000 $72,000
Asian 5 $540,000 $108,000 $173,000 $113,000 $148,000
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) 779 $69,753,000 $89,000 $600,000 $71,000 $1,000,000
FHA-insured (Federal Housing Administration) 21 $1,609,000 $76,000 $116,000 $37,000 $99,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 15 $1,618,000 $107,000 $530,000 $38,000 $203,000
VA-guaranteed (Veterans Administration) 6 $583,000 $97,000 $145,000 $51,000 $77,000

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 270 $25,624,000 $94,000 $600,000 $81,000 $1,000,000
Application Denied By Financial Institution 219 $17,923,000 $81,000 $308,000 $60,000 $659,000
Loan Purchased By The Institution 156 $15,490,000 $99,000 $353,000 $73,000 $1,000,000
Application Withdrawn By Applicant 99 $8,717,000 $88,000 $530,000 $56,000 $281,000
Application Approved But Not Accepted 57 $4,044,000 $70,000 $380,000 $59,000 $259,000
File Closed For Incompleteness 20 $1,765,000 $88,000 $171,000 $68,000 $219,000
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
Collateral 30 $2,941,000 $98,000 $253,000 $121,000 $659,000
Credit History 29 $2,156,000 $74,000 $177,000 $46,000 $91,000
Other 20 $1,733,000 $86,000 $200,000 $45,000 $122,000
Debt-To-Income Ratio 11 $1,314,000 $119,000 $308,000 $37,000 $110,000
Credit Application Incomplete 8 $612,000 $76,000 $155,000 $72,000 $190,000
Insufficient Cash (Downpayment, Closing Cost) 5 $478,000 $95,000 $137,000 $113,000 $240,000
Unverifiable Information 1 $115,000 $115,000 $115,000 $0 $0
Employment History 1 $88,000 $88,000 $88,000 $24,000 $24,000
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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