The Region’s Mortgage Lenders

Locally based mortgage lenders listed by total number of mortgages in 2000.

Company — total mortgages 2000 — total mortgages 1999 — mortgages amount (mill) 2000 — mortgages amount (mill) 1999 — percent change — no. of employees — no. of locations — mortgage executive/title

1. Arvest Bank of Bentonville — 1451 — 1,855 — -22 — $136.5 — $119.1 — 15 — 13 — 4 — Jennie Hill/Senior vice president

2. First Federal Bank of Arkansas in Fayetteville — 1,146 — 1,324 — -13 — 126 — 137.5 — -8 — 20 — 7 — Ross Mallioux/Senior vice president

3. Arkansas National Bank of Bentonville— 988 — 1,209 — – 18 — 86.3 — 111.2 — – 22 — 23 — 9 — Sharron Wooldridge/Senior vice president

4. Arvest Bank of Rogers — 934 — 613 — 52 — 96 — 63.8 — 50 — 8 — 4 — Larry Daniel/Senior vice president

5. Arvest McIlory of Fayetteville — 595 — 734 — -19 — 90.2 — 77.8 — 16 — 10 — 5 — Gary Head/President

6. Bank of Arkansas Mortgage Group of Bentonville — 464 — 689 — -33 — 38.9 — 58.9 — -34 — 9 — 2 — Mary Walts/Branch manager

7. United Bank of Springdale — 330 — 331 — -0.3 — 25.3 — 28.2 — -10.3 — 34 — 2 — David Bordovsky/Senior vice president

8. Simmons First Mortgage Co. of Rogers — 304 — 311 — – 2 — 25 — 29.1 — – 14 — 7 — 3 — LeAnn Akers/Vice president

9. First National Bank of Springdale — 289 — 168 — 72 — 19.1 — 14.9 — 28 — 2 — 1 — Nancy Howard/Vice president

10. Community Bank of North Arkansas in Springdale — 122 — 216 — -44 — 11.8 — 21.7 — -46 — 3 — 1 — Betty Phillips/Mortgage Manager

NR First Arvest Siloam Springs — NA — NA — NA — 21.0 — 22.4 — -6.6 — 4 — 2 — Ted Sheets/Vice president

*Includes originated mortgages both serviced in-house and sold into the secondary market.

NA – Not available. NR – Not ranked.

The following banks didn’t respond in time for publication: Bank of Fayetteville, Bank of Rogers, First Security Bank of Fayetteville and Arvest Springdale Bank & Trust.

Source: The banks.