Monroe County, AR Mortgage Lenders & HMDA Data, 2006

In 2006, lenders reported 225 mortgage applications in Monroe County, AR totaling $13.6 million, down 21% from 2005. The average application was for $60,000, and applicants reported an average income of $50,000. 34% of applications resulted in an originated loan and 35% were denied. The most active lender was Bancorpsouth Bank, with 37 applications, followed by Vanderbilt Mortgage and Countrywide Home Loans.

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Total Number of Mortgage Applications 225
Total Mortgage Loan Application Amount $13,640,000
Average Mortgage Loan Application Amount $60,000
Highest Mortgage Loan Application Amount $350,000
Average Applicant Income $50,000
Highest Applicant Income $600,000

Mortgage Company List for Lending in Monroe County, AR for 2006

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Bancorpsouth Bank
P O BOX 789
TUPELO, MS 38802
* $ 11,773,662,000 37 $ 1,598,000
Vanderbilt Mortgage
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 28 $ 1,290,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 175,085,370,000 16 $ 1,011,000
Ameriquest Mortgage Company
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 11 $ 1,471,000
Citibank, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 706,497,000,000 7 $ 543,000
Pulaski Mortgage Company
12719 CANTRELL ROAD
LITTLE ROCK, AR 72223
* $ 471,137,000 7 $ 590,000
Wachovia Mortgage Corp
301 S COLLEGE ST
CHARLOTTE, NC 28202
* $ 2,687,938,000 5 $ 237,000
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 403,258,000,000 5 $ 170,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,013,985,000,000 5 $ 217,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 5 $ 379,000
Home123 Corporation
3351 MICHELSON DRIVE, SUITE 400
IRVINE, CA 92612
* $ 10,000,000 5 $ 339,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 4 $ 60,000
US Bank, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 208,867,410,000 4 $ 222,000
Citimortgage, Inc
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 706,497,000 4 $ 401,000
Accredited Home Lenders, Inc
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 4 $ 275,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 4 $ 411,000
The Mortgage Outlet, Inc.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 3 $ 195,000
Ge Money Bank
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 12,329,271,000 3 $ 79,000
Aurora Bank FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 22,481,092,000 3 $ 136,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,082,250,290,000 3 $ 103,000
Green Tree Servicing LLC
345 ST. PETER STREET
ST. PAUL, MN 55102
* $ 31,000,000 3 $ 141,000
Residential Funding Corp. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 2 $ 147,000
Wilmington Finance, Inc.
620 W GERMANTOWN RD
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 2 $ 200,000
Aegis Lending Corporation
3250 BRIARPARK DR SUITE 400
HOUSTON, TX 77042
* $ 10,000,000 2 $ 92,000
Resmae Mortgage Corporation
6 POINTE DRIVE
BREA, CA 92821
* $ 10,000,000 2 $ 78,000
Keybank National Association
100 PUBLIC SQUARE STE 600 OH-01-10-06006
CLEVELAND, OH 44113
* $ 88,960,716,000 2 $ 36,000
Chase Manhattan Bank USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 75,051,579,000 2 $ 188,000
United Built Homes, LLC
8500 LINE AVE
SHREVEPORT, LA 71106
* $ 59,713,000 2 $ 249,000
First Magnus Financial Corp
603 N. WILMOT ROAD
TUCSON, AZ 85711
* $ 10,000,000 2 $ 220,000
American Home Mortgage Corp.
538 BROADHOLLOW RD
MELVILLE, NY 11747
* $ 10,000,000 2 $ 144,000
The Cit Group/Consumer Finance
1 CIT DRIVE
LIVINGSTON, NJ 07039
* $ 10,000,000 2 $ 94,000
Capital One Home Loans, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 2 $ 113,000
Shelter Financial Bank
1817 W. BROADWAY
COLUMBIA, MO 65218
* $ 133,554,000 2 $ 50,000
Citifinancial Mtg Co, Inc
4000 REGENT BLVD
IRVING, TX 75063
* $ 32,424,600,000 2 $ 139,000
New South Federal Savings Bank
1900 CRESTWOOD BOULEVARD
BIRMINGHAM, AL 35210
* $ 1,692,258,000 2 $ 79,000
Equifirst Corporation
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 81,074,402,000 2 $ 184,000
Arvest Bank Group
4500 SOUTH GARNETT SUIT 440
TULSA, OK 74146
* $ 8,159,041,000 2 $ 31,000
Regions Bank
1900 5TH AVENUE N - ALBH10903B
BIRMINGHAM, AL 35203
* $ 81,074,402,000 1 $ 23,000
Bank of Little Rock Mortgage Corporation
15909 CANTRELL ROAD
LITTLE ROCK, AR 72223
* $ 125,882,000 1 $ 30,000
Bank of Blue Valley
11935 RILEY
OVERLAND PARK, KS 66213
* $ 670,504,000 1 $ 25,000
Decision One Mortgage
26525 N. RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 3,387,027,000 1 $ 115,000
HSBC Mortgage Services, Inc.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 16,981,282,000 1 $ 78,000
Eloan
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 1 $ 80,000
BNC Mortgage
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 2,500,000,000 1 $ 45,000
Midfirst Bank
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 10,089,076,000 1 $ 1,000
Bank of the South - Pinnacle
211 COMMERCE ST, SUITE 300
NASHVILLE, TN 37201
* $ 375,362,000 1 $ 14,000
Star Bank
100 STATE HWY 55 EAST
MAPLE LAKE, MN 55358
* $ 268,700,000 1 $ 77,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 104,000
Home Capital, Inc.
5909 PEACHTREE-DUNWOODY ROAD NE, STE 100
ATLANTA, GA 30328
* $ 5,165,631,000 1 $ 130,000
Ameritrust Mortgage Company Ll
14045 BALLANTYNE CORPORATE PLACE SUITE 2
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 58,000
US Bank North Dakota
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 3,900,290,000 1 $ 45,000
Countrywide Bank, N.A.
35 NORTH LAKE, MS 35-148
PASADENA, CA 91101
* $ 73,116,292,000 1 $ 35,000
Metropolitan National Bank
425 WEST CAPITOL AVE
LITTLE ROCK, AR 72201
* $ 1,366,799,000 1 $ 40,000
Helena National Bank
302 CHERRY ST
HELENA, AR 72342
* $ 127,869,000 1 $ 3,000
Walter Mortgage Company
4211 W. BOY SCOUT BLVD.
TAMPA, FL 33607
* $ 10,000,000 1 $ 109,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 10,000,000 1 $ 52,000
Merrill Lynch Mortgage Lending
4 WORLD FINANCIAL CENTER, 12TH FLOOR
NEW YORK, NY 10280
* $ 19,717,040,000 1 $ 58,000
Calusa Investments, L.L.C.
P.O. BOX 710840
HERNDON, VA 20171
* $ 10,000,000 1 $ 36,000
Atlanta Postal Credit Union
1605 BOGGS ROAD
ATLANTA, GA 30354
* $ 1,492,124,000 1 $ 200,000
Truservice Community FCU
11001 HERMITAGE RD
LITTLE ROCK, AR 72211
* $ 40,779,000 1 $ 72,000
Ebank Mortgage LLC
2401 LAKE PARK DRIVE, SUITE 200
SMYRNA, GA 30080
* $ 161,077,000 1 $ 102,000
Argent Mortgage Company
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 1 $ 94,000
National City Bank
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 69,482,177,000 1 $ 64,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 38,000

The tables below break down 2006 mortgage applications in Monroe 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 Monroe County, AR in 2006

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 109 $6,596,000 $60,000 $200,000 $43,000 $170,000
Refinancing 94 $6,184,000 $65,000 $327,000 $57,000 $600,000
Home Improvement 22 $860,000 $39,000 $350,000 $50,000 $91,000

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 102 $6,231,000 $61,000 $350,000 $54,000 $209,000
Black or African American 63 $3,077,000 $48,000 $142,000 $38,000 $114,000
Not Provided 40 $3,166,000 $79,000 $327,000 $71,000 $600,000
Not applicable 18 $1,076,000 $59,000 $158,000 $17,000 $95,000
Hispanic 1 $22,000 $22,000 $22,000 $32,000 $32,000
American Indian or Alaskan Native 1 $68,000 $68,000 $68,000 $39,000 $39,000
Asian 0 $0 $0 $0 $0 $0
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) 204 $12,247,000 $60,000 $350,000 $52,000 $600,000
FHA-insured (Federal Housing Administration) 11 $859,000 $78,000 $165,000 $40,000 $101,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $304,000 $50,000 $60,000 $10,000 $41,000
VA-guaranteed (Veterans Administration) 4 $230,000 $57,000 $114,000 $32,000 $69,000

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
Application Denied By Financial Institution 78 $4,207,000 $53,000 $176,000 $44,000 $600,000
Loan Originated 77 $3,848,000 $49,000 $200,000 $54,000 $209,000
Loan Purchased By The Institution 26 $1,680,000 $64,000 $165,000 $36,000 $127,000
Application Withdrawn By Applicant 18 $2,062,000 $114,000 $327,000 $76,000 $185,000
Application Approved But Not Accepted 17 $953,000 $56,000 $95,000 $50,000 $114,000
File Closed For Incompleteness 9 $890,000 $98,000 $350,000 $50,000 $98,000
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 33 $1,448,000 $43,000 $142,000 $30,000 $95,000
Other 15 $962,000 $64,000 $164,000 $80,000 $600,000
Collateral 6 $346,000 $57,000 $105,000 $69,000 $116,000
Credit Application Incomplete 4 $332,000 $83,000 $103,000 $25,000 $57,000
Debt-To-Income Ratio 3 $248,000 $82,000 $109,000 $23,000 $35,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 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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