West Feliciana Parish, LA Mortgage Lenders & HMDA Data, 2008

In 2008, lenders reported 548 mortgage applications in West Feliciana Parish, LA totaling $83.1 million, down 17% from 2007. The average application was for $151,000, and applicants reported an average income of $94,000. 57% of applications resulted in an originated loan and 22% were denied. The most active lender was Bank of St. Francisville, with 102 applications, followed by JPMorgan Chase Bank, NA and Countrywide Bank FSB.

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Total Number of Mortgage Applications 548
Total Mortgage Loan Application Amount $83,060,000
Average Mortgage Loan Application Amount $151,000
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $94,000
Highest Applicant Income $2,200,000
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Top Mortgage Lenders in West Feliciana Parish, LA (2008)

Ranked by the number of mortgage applications each lender reported in West Feliciana Parish, LA in 2008.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Bank of St. Francisville
St Francisville, LA
102 $9,155,000 $89,000 $60,000
2 JPMorgan Chase Bank, NA
Columbus, OH
37 $9,233,000 $249,000 $183,000
3 Countrywide Bank FSB
Westlake Village, CA
28 $6,028,000 $215,000 $92,000
4 21st Mortgage
Knoxville, TN
28 $1,493,000 $53,000 $40,000
5 Citimortgage, Inc
New York, NY
24 $4,483,000 $186,000 $126,000
6 Highlands Bank, the
Jackson, LA
20 $5,665,000 $283,000 $233,000
7 Capital One NA
Baton Rouge, LA
18 $1,306,000 $72,000 $71,000
8 Hancock Bank of Louisiana
Baton Rouge, LA
17 $1,298,000 $76,000 $52,000
9 Wells Fargo Bank, NA
Des Moines, IA
14 $2,325,000 $166,000 $95,000
10 Hfc Company LLC
Mettawa, IL
14 $1,657,000 $118,000 $73,000

See every lender active in West Feliciana Parish, LA in 2008 »

The tables below break down 2008 mortgage applications in West Feliciana 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 West Feliciana Parish, LA in 2008

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 272 $48,841,000 $179,000 $1,250,000 $99,000 $2,200,000
Home Purchase 184 $28,702,000 $155,000 $1,500,000 $99,000 $1,365,000
Home Improvement 92 $5,517,000 $59,000 $400,000 $67,000 $318,000

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 389 $62,903,000 $161,000 $1,500,000 $111,000 $2,200,000
Black or African American 76 $6,453,000 $84,000 $393,000 $45,000 $105,000
Not Provided 52 $8,060,000 $155,000 $311,000 $72,000 $225,000
Not applicable 24 $4,363,000 $181,000 $417,000 $16,000 $139,000
Hispanic 6 $1,175,000 $195,000 $320,000 $88,000 $188,000
Native Hawaiian or Other Pacific Islander 1 $106,000 $106,000 $106,000 $29,000 $29,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 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) 493 $74,561,000 $151,000 $1,500,000 $97,000 $2,200,000
FHA-insured (Federal Housing Administration) 46 $7,038,000 $153,000 $284,000 $62,000 $130,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 5 $774,000 $154,000 $232,000 $55,000 $82,000
VA-guaranteed (Veterans Administration) 4 $687,000 $171,000 $212,000 $45,000 $75,000

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 315 $49,941,000 $158,000 $1,500,000 $109,000 $2,200,000
Application Denied By Financial Institution 120 $13,665,000 $113,000 $393,000 $63,000 $246,000
Loan Purchased By The Institution 38 $8,436,000 $222,000 $900,000 $89,000 $304,000
Application Approved But Not Accepted 37 $5,123,000 $138,000 $400,000 $80,000 $257,000
Application Withdrawn By Applicant 30 $4,343,000 $144,000 $300,000 $75,000 $250,000
File Closed For Incompleteness 8 $1,552,000 $194,000 $400,000 $127,000 $272,000
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 35 $2,563,000 $73,000 $196,000 $43,000 $107,000
Collateral 10 $1,460,000 $146,000 $316,000 $64,000 $94,000
Credit Application Incomplete 9 $1,156,000 $128,000 $229,000 $82,000 $143,000
Debt-To-Income Ratio 8 $1,335,000 $166,000 $351,000 $68,000 $135,000
Insufficient Cash (Downpayment, Closing Cost) 3 $658,000 $219,000 $393,000 $65,000 $94,000
Other 3 $256,000 $85,000 $147,000 $53,000 $85,000
Unverifiable Information 1 $264,000 $264,000 $264,000 $246,000 $246,000
Mortgage Insurance Denied 1 $320,000 $320,000 $320,000 $165,000 $165,000
Employment History 1 $34,000 $34,000 $34,000 $60,000 $60,000

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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