Arkansas Mortgage Lending
677 lenders reporting under HMDA
Statewide mortgage activity. Lenders filed 123,228 HMDA-reported mortgage applications in Arkansas in 2024, originating 59,041 loans and denying 21,409. That puts the statewide denial rate at 17.4% and the approval (origination) rate at 47.9%. The average loan amount across Arkansas was $201,501 at an average note rate of 7.31%. 677 distinct institutions — banks, credit unions, and independent mortgage companies — filed HMDA data covering activity in the state. Applications span 75 counties and 8 metropolitan areas.
What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups — for example, White applicants had an approval rate of 56.1% and denial rate of 18.4%; while Black or African American applicants had an approval rate of 39.0% and denial rate of 34.4%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation. Top counties by volume include Benton County, Pulaski County, Washington County.
How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau — a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.
Nearby Lenders in Arkansas
Top HMDA-reporting lenders active in Arkansas. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | ARVEST BANK | 6,399 | 10.8% |
| 2 | ROCKET MORTGAGE | 3,464 | 5.9% |
| 3 | ARKANSAS FEDERAL CREDIT UNION | 2,416 | 4.1% |
| 4 | First Security Bank | 1,322 | 2.2% |
| 5 | Centennial Bank | 1,281 | 2.2% |
Lending by Race in Arkansas
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 75,164 | 56.1% | 18.4% |
| Black or African American | 9,994 | 39.0% | 34.4% |
| Asian | 3,118 | 56.4% | 12.8% |
| Joint | 2,089 | 56.3% | 19.5% |
| American Indian or Alaska Native | 930 | 47.3% | 25.4% |
| 2 or more minority races | 193 | 42.5% | 33.2% |
| Native Hawaiian or Other Pacific Islander | 187 | 51.3% | 26.7% |
Counties in Arkansas
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| Benton County | 17,506 | 9,449 | 10.7% | $294,901 |
| Pulaski County | 16,002 | 7,551 | 17.7% | $211,520 |
| Washington County | 10,419 | 5,706 | 12.2% | $288,999 |
| Saline County | 6,956 | 3,243 | 17.0% | $200,574 |
| Faulkner County | 6,109 | 3,002 | 14.9% | $205,503 |
| Garland County | 4,679 | 2,122 | 22.0% | $188,385 |
| Sebastian County | 4,549 | 2,438 | 15.0% | $179,973 |
| Craighead County | 4,421 | 2,308 | 14.3% | $189,992 |
| Lonoke County | 4,069 | 1,831 | 15.3% | $190,576 |
| White County | 3,478 | 1,474 | 18.7% | $166,015 |
| Crawford County | 2,507 | 1,305 | 16.8% | $162,806 |
| Pope County | 2,193 | 1,154 | 18.7% | $155,132 |
| Jefferson County | 1,869 | 698 | 24.7% | $127,873 |
| Baxter County | 1,703 | 970 | 12.6% | $174,096 |
| Greene County | 1,696 | 903 | 14.3% | $155,483 |
| Crittenden County | 1,594 | 603 | 18.7% | $193,764 |
| Boone County | 1,468 | 792 | 13.9% | $161,832 |
| Hot Spring County | 1,445 | 526 | 26.4% | $141,159 |
| Miller County | 1,344 | 603 | 21.2% | $169,397 |
| Cleburne County | 1,335 | 596 | 19.0% | $192,805 |
| Independence County | 1,254 | 620 | 16.4% | $171,579 |
| Union County | 1,250 | 412 | 31.5% | $133,880 |
| Mississippi County | 1,023 | 454 | 23.2% | $132,634 |
| Carroll County | 996 | 577 | 13.6% | $210,020 |
| Grant County | 917 | 294 | 21.8% | $170,507 |
| Johnson County | 858 | 449 | 19.8% | $139,592 |
| Van Buren County | 841 | 363 | 24.1% | $155,690 |
| Conway County | 840 | 328 | 27.4% | $141,869 |
| Poinsett County | 822 | 397 | 19.6% | $124,672 |
| Ouachita County | 763 | 254 | 29.4% | $117,608 |
| Sharp County | 746 | 364 | 17.8% | $135,241 |
| Clark County | 714 | 306 | 26.3% | $137,479 |
| Logan County | 664 | 304 | 23.3% | $136,702 |
| Franklin County | 651 | 311 | 19.4% | $144,124 |
| Madison County | 639 | 332 | 16.4% | $182,793 |
| Polk County | 630 | 324 | 17.1% | $157,143 |
| Marion County | 628 | 319 | 15.9% | $159,347 |
| Columbia County | 628 | 229 | 31.4% | $148,822 |
| Yell County | 613 | 286 | 23.5% | $137,838 |
| Arkansas County | 564 | 201 | 19.7% | $117,465 |
| Randolph County | 563 | 275 | 22.4% | $126,083 |
| Lawrence County | 536 | 248 | 21.5% | $123,190 |
| Cross County | 521 | 189 | 21.5% | $140,125 |
| Hempstead County | 503 | 204 | 29.0% | $117,187 |
| Ashley County | 502 | 176 | 30.5% | $109,960 |
| Izard County | 472 | 224 | 17.8% | $165,064 |
| Clay County | 454 | 197 | 22.9% | $110,969 |
| Perry County | 432 | 158 | 27.1% | $147,269 |
| Stone County | 415 | 195 | 22.2% | $166,036 |
| Little River County | 410 | 216 | 19.3% | $125,659 |
| St. Francis County | 401 | 132 | 25.9% | $115,723 |
| Jackson County | 378 | 151 | 22.8% | $115,026 |
| Sevier County | 375 | 215 | 17.1% | $121,773 |
| Drew County | 374 | 139 | 29.7% | $141,872 |
| Howard County | 341 | 136 | 20.5% | $135,616 |
| Montgomery County | 333 | 154 | 26.7% | $145,571 |
| Fulton County | 327 | 163 | 17.4% | $146,957 |
| Pike County | 319 | 130 | 25.7% | $143,182 |
| Scott County | 294 | 138 | 22.1% | $124,388 |
| Lincoln County | 291 | 88 | 33.3% | $116,615 |
| Cleveland County | 277 | 101 | 24.2% | $132,004 |
| Phillips County | 275 | 86 | 34.2% | $112,709 |
| Prairie County | 254 | 104 | 29.9% | $117,638 |
| Bradley County | 250 | 68 | 33.2% | $118,360 |
| Searcy County | 235 | 108 | 20.9% | $127,596 |
| Chicot County | 229 | 59 | 42.8% | $115,611 |
| Newton County | 225 | 125 | 12.4% | $162,467 |
| Dallas County | 217 | 71 | 35.9% | $107,811 |
| Lafayette County | 196 | 64 | 37.2% | $128,929 |
| Calhoun County | 195 | 62 | 29.7% | $114,436 |
| Nevada County | 192 | 60 | 32.3% | $102,031 |
| Desha County | 186 | 64 | 33.3% | $111,720 |
| Monroe County | 150 | 43 | 38.0% | $106,933 |
| Woodruff County | 128 | 44 | 29.7% | $110,078 |
| Lee County | 114 | 38 | 24.6% | $102,368 |
Metro Areas in Arkansas
Frequently Asked Questions
How many mortgage applications were filed in Arkansas?
What is the mortgage denial rate in Arkansas?
What is the average mortgage loan amount in Arkansas?
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Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.
