Lenders › Luminate Home Loans, Inc. › Arkansas
Luminate Home Loans, Inc. in Arkansas
HMDA record for properties in Arkansas, calendar year 2024. National record · Arkansas overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Luminate Home Loans, Inc.'s 2024 HMDA record for Arkansas covers 361 applications, 269 of them originated, worth $57m.
Its denial rate in the state was 1.1%, below the Arkansas rate of 25.0% across all lenders and compared with the lender's national rate of 3.7%.
The median rate spread on its Arkansas originations was 0.8 percentage points (state median 0.4).
Applications in the state were up 5917% on 2023.
Compared with the state and the lender's national record
| Measure | In Arkansas | Arkansas, all lenders | Luminate Home Loans, Inc., all states | United States |
|---|---|---|---|---|
| Denial rate | 1.1% | 25.0% | 3.7% | 24.3% |
| Median rate spread, pp | 0.8 | 0.4 | 0.6 | 0.3 |
| Originations with spread of 1.5 pp or more | 15.9% | 17.6% | 6.4% | 15.6% |
| Average originated loan | $210k | $220k | $352k | $329k |
| Home purchase share | 94.8% | 60.8% | 88.1% | 57.0% |
| FHA-insured share | 25.7% | 15.3% | 19.6% | 13.4% |
| VA-guaranteed share | 7.8% | 9.5% | 6.7% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateArkansas, all lenders
Loan purpose and loan type in Arkansas
By purpose
Home purchase 95% (255)Refinancing 3% (7)Cash-out refinancing 3% (7)
By type
Conventional 63% (170)FHA 26% (69)VA 8% (21)USDA 3% (9)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in Arkansas
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Saline County | 91 | 77 | $17m | 0.0% |
| Washington County | 49 | 37 | $9.4m | 2.6% |
| Pulaski County | 50 | 31 | $6.3m | 3.1% |
| Pope County | 43 | 30 | $4.2m | 3.2% |
| Garland County | 28 | 19 | $4.5m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Luminate Home Loans, Inc. originate in Arkansas in 2024?
269 loans totalling $57m, from 361 applications reported for properties in Arkansas.
What is Luminate Home Loans, Inc.'s denial rate in Arkansas?
1.1% of decided applications in Arkansas were denied, against 25.0% for all lenders in the state and 3.7% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Arkansas counties does Luminate Home Loans, Inc. lend in most?
By originations: Saline County (77), Washington County (37), Pulaski County (31), Pope County (30), Garland County (19).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Arkansas. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.