Natchitoches Parish, LA Mortgage Lenders & HMDA Data, 2018

In 2018, lenders reported 930 mortgage applications in Natchitoches Parish, LA totaling $138.6 million, down 19% from 2017. The average application was for $149,000, and applicants reported an average income of $80,000. 44% of applications resulted in an originated loan and 25% were denied. The most active lender was 21st Mortgage, with 94 applications, followed by Vanderbilt Mortgage and Finance, Inc and Bom Bank.

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Total Number of Mortgage Applications 930
Total Mortgage Loan Application Amount $138,640,000
Average Mortgage Loan Application Amount $149,000
Highest Mortgage Loan Application Amount $4,645,000
Average Applicant Income $80,000
Highest Applicant Income $1,275,000
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Top Mortgage Lenders in Natchitoches Parish, LA (2018)

Ranked by the number of mortgage applications each lender reported in Natchitoches Parish, LA in 2018.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 21st Mortgage
Knoxville, TN
94 $7,190,000 $76,000 $61,000
2 Vanderbilt Mortgage and Finance, Inc
Maryville, TN
71 $5,545,000 $78,000 $50,000
3 Bom Bank
Natchitoches, LA
60 $10,450,000 $174,000 $123,000
4 Gmfs, LLC
Baton Rouge, LA
59 $10,095,000 $171,000 $89,000
5 Sabine State Bank and Trust Company
Many, LA
43 $6,975,000 $162,000 $110,000
6 Triad Financial Services, Inc.
Jacksonville, FL
33 $2,545,000 $77,000 $57,000
7 Pacific Union Financial, LLC
Irving, TX
30 $4,720,000 $157,000 $55,000
8 JPMorgan Chase Bank, NA
Columbus, OH
28 $3,370,000 $120,000 $63,000
9 Freedom Mortgage Corporation
Boca Raton, FL
23 $4,425,000 $192,000 $75,000
10 loanDepot.com LLC
Irvine, CA
21 $3,425,000 $163,000 $81,000

See every lender active in Natchitoches Parish, LA in 2018 »

The tables below break down 2018 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 2018

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 587 $84,435,000 $143,000 $4,645,000 $79,000 $1,275,000
Refinancing 149 $26,025,000 $174,000 $1,455,000 $82,000 $275,000
Cash-out Refinancing 142 $23,640,000 $166,000 $455,000 $78,000 $585,000
Home Improvement 18 $1,300,000 $72,000 $205,000 $66,000 $130,000
Other Purpose 18 $1,650,000 $91,000 $335,000 $105,000 $303,000
Not Applicable 16 $1,590,000 $99,000 $245,000 $68,000 $93,000

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 501 $73,905,000 $147,000 $545,000 $89,000 $1,275,000
Black or African American 220 $27,330,000 $124,000 $455,000 $60,000 $470,000
Not applicable 123 $26,555,000 $215,000 $4,645,000 $44,000 $44,000
Not Provided 67 $8,425,000 $125,000 $325,000 $80,000 $260,000
American Indian or Alaskan Native 8 $890,000 $111,000 $185,000 $67,000 $130,000
Asian 5 $565,000 $113,000 $225,000 $82,000 $178,000
Hispanic 2 $370,000 $185,000 $285,000 $58,000 $93,000
Native Hawaiian or Other Pacific Islander 2 $350,000 $175,000 $215,000 $81,000 $96,000

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) 596 $86,740,000 $145,000 $4,645,000 $87,000 $1,275,000
FHA-insured (Federal Housing Administration) 152 $22,850,000 $150,000 $295,000 $67,000 $188,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 97 $12,985,000 $133,000 $245,000 $46,000 $98,000
VA-guaranteed (Veterans Administration) 85 $16,065,000 $189,000 $435,000 $73,000 $180,000

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 406 $70,780,000 $174,000 $4,645,000 $92,000 $1,275,000
Application Denied By Financial Institution 229 $26,255,000 $114,000 $415,000 $59,000 $585,000
Loan Purchased By The Institution 113 $17,645,000 $156,000 $395,000 $97,000 $659,000
Application Withdrawn By Applicant 93 $13,705,000 $147,000 $435,000 $78,000 $260,000
File Closed For Incompleteness 67 $7,385,000 $110,000 $455,000 $70,000 $391,000
Application Approved But Not Accepted 22 $2,870,000 $130,000 $325,000 $96,000 $390,000
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 634 $99,880,000 $157,000 $4,645,000 $85,000 $659,000
Debt-To-Income Ratio 124 $19,060,000 $153,000 $1,095,000 $78,000 $1,275,000
Credit History 104 $10,200,000 $98,000 $415,000 $57,000 $174,000
Collateral 23 $3,555,000 $154,000 $305,000 $92,000 $585,000
Other 15 $2,145,000 $143,000 $315,000 $75,000 $146,000
Credit Application Incomplete 14 $2,270,000 $162,000 $335,000 $65,000 $119,000
Unverifiable Information 10 $730,000 $73,000 $125,000 $81,000 $222,000
Insufficient Cash (Downpayment, Closing Cost) 3 $415,000 $138,000 $245,000 $54,000 $67,000
Employment History 2 $330,000 $165,000 $295,000 $56,000 $92,000
Mortgage Insurance Denied 1 $55,000 $55,000 $55,000 $17,000 $17,000

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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