Summit Bank
Mortgage Loan Application
Totals and Details
for 2011

Find mortgage loan statistics, lending data, and loan application totals for Arkansas.
The mortgage statistics and data below are specific to mortgage loan applications for Summit Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Summit Bank
Po Box 8811
Little Rock, AR 72231
Tel #: available with data download
Federal Regulator * available with data download
Years 2014  2013  2012  2011  
Total Number of Mortgage Applications 903
Total Mortgage Loan Application Amount $137,890,000
Average Mortgage Loan Application Amount $121,333
Highest Mortgage Loan Application Amount $4,250,000
Average Applicant Income $88,000
Highest Applicant Income $4,515,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in AR, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Summit Bank by County in 2011

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Garland County Arkansas 313 $ 50,788,000 $ 162,000 $ 106,000
Saline County Arkansas 172 $ 25,175,000 $ 146,000 $ 84,000
Pulaski County Arkansas 107 $ 20,073,000 $ 187,000 $ 97,000
Clark County Arkansas 68 $ 7,096,000 $ 104,000 $ 84,000
Hot Spring County Arkansas 67 $ 6,771,000 $ 101,000 $ 103,000
Columbia County Arkansas 49 $ 3,407,000 $ 69,000 $ 64,000
Hempstead County Arkansas 43 $ 1,850,000 $ 43,000 $ 52,000
Faulkner County Arkansas 26 $ 16,522,000 $ 635,000 $ 77,000
Nevada County Arkansas 15 $ 1,131,000 $ 75,000 $ 70,000
Grant County Arkansas 7 $ 722,000 $ 103,000 $ 61,000
Lonoke County Arkansas 5 $ 641,000 $ 128,000 $ 88,000
Benton County Arkansas 3 $ 319,000 $ 106,000 $ 38,000
Howard County Arkansas 3 $ 254,000 $ 84,000 $ 49,000
Pike County Arkansas 3 $ 213,000 $ 71,000 $ 57,000
Union County Arkansas 3 $ 578,000 $ 192,000 $ 168,000
Johnson County Arkansas 2 $ 268,000 $ 134,000 $ 44,000
Lafayette County Arkansas 2 $ 207,000 $ 103,000 $ 83,000
Miller County Arkansas 2 $ 288,000 $ 144,000 $ 79,000
Montgomery County Arkansas 2 $ 230,000 $ 115,000 $ 121,000
Washington County Arkansas 2 $ 232,000 $ 116,000 $ 100,000
Cleburne County Arkansas 1 $ 135,000 $ 135,000 $ 135,000
Crittenden County Arkansas 1 $ 125,000 $ 125,000 $ 52,000
Dallas County Arkansas 1 $ 88,000 $ 88,000 $ 140,000
Ouachita County Arkansas 1 $ 1,000 $ 1,000 $ 35,000
Perry County Arkansas 1 $ 161,000 $ 161,000 $ 48,000
Polk County Arkansas 1 $ 20,000 $ 20,000 $ 24,000
Stone County Arkansas 1 $ 39,000 $ 39,000 $ 0
Van Buren County Arkansas 1 $ 163,000 $ 163,000 $ 211,000
Hennepin County Minnesota 1 $ 393,000 $ 393,000 $ 146,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Arkansas, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Summit Bank in 2011

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 479 $63,227,000 $131,000 $1,156,000 $91,000 $2,386,000
Refinancing 391 $73,122,000 $187,000 $4,250,000 $93,000 $4,515,000
Home Improvement 33 $1,541,000 $46,000 $268,000 $80,000 $331,000

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 779 $115,282,000 $147,000 $1,932,000 $101,000 $4,515,000
Not applicable 46 $15,843,000 $344,000 $4,250,000 $0 $0
Black or African American 44 $3,631,000 $82,000 $417,000 $53,000 $148,000
Hispanic 18 $1,590,000 $88,000 $400,000 $52,000 $145,000
Asian 5 $600,000 $120,000 $167,000 $43,000 $60,000
Not Provided 5 $414,000 $82,000 $123,000 $46,000 $68,000
American Indian or Alaskan Native 3 $345,000 $115,000 $172,000 $41,000 $64,000
Native Hawaiian or Other Pacific Islander 3 $185,000 $61,000 $107,000 $81,000 $144,000

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) 729 $114,948,000 $157,000 $4,250,000 $99,000 $4,515,000
FHA-insured (Federal Housing Administration) 97 $12,649,000 $130,000 $274,000 $62,000 $501,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 48 $5,507,000 $114,000 $243,000 $49,000 $583,000
VA-guaranteed (Veterans Administration) 29 $4,786,000 $165,000 $415,000 $79,000 $185,000

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 633 $104,679,000 $165,000 $4,250,000 $99,000 $4,515,000
Application Denied By Financial Institution 134 $13,047,000 $97,000 $451,000 $57,000 $650,000
Application Withdrawn By Applicant 103 $16,069,000 $156,000 $750,000 $91,000 $2,000,000
File Closed For Incompleteness 22 $3,436,000 $156,000 $374,000 $101,000 $588,000
Application Approved But Not Accepted 11 $659,000 $59,000 $141,000 $77,000 $293,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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 68 $5,190,000 $76,000 $451,000 $58,000 $583,000
Debt-To-Income Ratio 38 $4,810,000 $126,000 $324,000 $47,000 $135,000
Collateral 20 $2,178,000 $108,000 $417,000 $80,000 $650,000
Employment History 4 $462,000 $115,000 $272,000 $45,000 $83,000
Other 3 $380,000 $126,000 $185,000 $30,000 $59,000
Unverifiable Information 1 $27,000 $27,000 $27,000 $40,000 $40,000
Credit Application Incomplete 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

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in AR, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Arkansas, and search similar information at your convenience.

Download the Arkansas Lender List