Natchitoches Parish, LA Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 1,153 mortgage applications in Natchitoches Parish, LA totaling $141.5 million, down 4% from 2016. The average application was for $122,000, and applicants reported an average income of $64,000. 40% of applications resulted in an originated loan and 29% were denied. The most active lender was Vanderbilt Mortgage and Finance, Inc, with 154 applications, followed by Sabine State Bank and Trust Company and 21st Mortgage.

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Total Number of Mortgage Applications 1,153
Total Mortgage Loan Application Amount $141,549,000
Average Mortgage Loan Application Amount $122,000
Highest Mortgage Loan Application Amount $1,391,000
Average Applicant Income $64,000
Highest Applicant Income $3,240,000
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Top Mortgage Lenders in Natchitoches Parish, LA (2017)

Ranked by the number of mortgage applications each lender reported in Natchitoches Parish, LA in 2017.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Vanderbilt Mortgage and Finance, Inc
Maryville, TN
154 $11,512,000 $74,000 $47,000
2 Sabine State Bank and Trust Company
Many, LA
71 $10,680,000 $150,000 $61,000
3 21st Mortgage
Knoxville, TN
69 $4,757,000 $68,000 $46,000
4 Bom Bank
Natchitoches, LA
68 $8,969,000 $131,000 $56,000
5 Triad Financial Services, Inc.
Jacksonville, FL
40 $1,277,000 $31,000 $27,000
6 American Southwest Mortgage Corp.
Oklahoma City, OK
39 $6,057,000 $155,000 $71,000
7 Midsouth Bank, National Association
Lafayette, LA
37 $1,808,000 $48,000 $55,000
8 Freedom Mortgage Corporation
Boca Raton, FL
32 $4,661,000 $145,000 $20,000
9 Credit Human Federal Credit Un
San Antonio, TX
32 $2,002,000 $62,000 $64,000
10 Pacific Union Financial, LLC
Irving, TX
28 $4,428,000 $158,000 $55,000

See every lender active in Natchitoches Parish, LA in 2017 »

The tables below break down 2017 mortgage applications in Natchitoches Parish, LA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Natchitoches Parish, LA in 2017

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 705 $81,465,000 $115,000 $532,000 $57,000 $551,000
Refinancing 350 $55,225,000 $157,000 $1,391,000 $66,000 $486,000
Home Improvement 98 $4,859,000 $49,000 $370,000 $101,000 $3,240,000

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 620 $75,898,000 $122,000 $727,000 $80,000 $3,240,000
Black or African American 314 $33,423,000 $106,000 $384,000 $46,000 $233,000
Not applicable 99 $18,534,000 $187,000 $1,391,000 $8,000 $551,000
Not Provided 88 $10,062,000 $114,000 $354,000 $71,000 $486,000
Hispanic 13 $1,294,000 $99,000 $181,000 $51,000 $106,000
American Indian or Alaskan Native 12 $1,252,000 $104,000 $200,000 $52,000 $85,000
Asian 7 $1,086,000 $155,000 $255,000 $60,000 $113,000
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) 783 $89,252,000 $113,000 $1,391,000 $73,000 $3,240,000
FHA-insured (Federal Housing Administration) 179 $23,891,000 $133,000 $275,000 $48,000 $227,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 102 $13,455,000 $131,000 $338,000 $32,000 $101,000
VA-guaranteed (Veterans Administration) 89 $14,951,000 $167,000 $384,000 $52,000 $215,000

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 458 $68,609,000 $149,000 $1,391,000 $85,000 $3,240,000
Application Denied By Financial Institution 332 $30,058,000 $90,000 $354,000 $49,000 $418,000
File Closed For Incompleteness 110 $10,179,000 $92,000 $274,000 $54,000 $300,000
Application Withdrawn By Applicant 107 $12,742,000 $119,000 $350,000 $61,000 $170,000
Loan Purchased By The Institution 92 $13,991,000 $152,000 $410,000 $28,000 $551,000
Application Approved But Not Accepted 53 $5,867,000 $110,000 $265,000 $62,000 $218,000
Preapproval Denied by Financial Institution 1 $103,000 $103,000 $103,000 $47,000 $47,000
Preapproval Approved but not Accepted 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 $2,715,000 $82,000 $248,000 $58,000 $190,000
Debt-To-Income Ratio 29 $3,116,000 $107,000 $277,000 $52,000 $105,000
Collateral 17 $1,944,000 $114,000 $300,000 $68,000 $154,000
Credit Application Incomplete 16 $1,971,000 $123,000 $259,000 $73,000 $162,000
Other 6 $529,000 $88,000 $214,000 $54,000 $99,000
Unverifiable Information 1 $5,000 $5,000 $5,000 $3,000 $3,000
Insufficient Cash (Downpayment, Closing Cost) 1 $134,000 $134,000 $134,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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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