Carroll County, TN Mortgage Lenders & HMDA Data, 2022

In 2022, lenders reported 1,219 mortgage applications in Carroll County, TN totaling $169.6 million, down 11% from 2021. The average application was for $139,000, and applicants reported an average income of $85,000. 57% of applications resulted in an originated loan and 18% were denied. The most active lender was Carroll Bank and Trust, with 181 applications, followed by Firstbank and Regions Bank.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,219
Total Mortgage Loan Application Amount $169,635,000
Average Mortgage Loan Application Amount $139,000
Highest Mortgage Loan Application Amount $1,485,000
Average Applicant Income $85,000
Highest Applicant Income $8,888,000

Mortgage Company List for Lending in Carroll County, TN for 2022

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Carroll Bank and Trust
19510 E MAIN ST
HUNTINGDON, TN 38344
* $ 402,894,000 181 $ 19,085,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 12,582,271,000 142 $ 18,650,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 162,193,000,000 120 $ 11,330,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 52 $ 9,150,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 51 $ 6,495,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 50 $ 6,880,000
Leaders Credit Union
35 STONEBRIDGE BLVD.
JACKSON, TN 38305
* $ 642,830,000 43 $ 5,085,000
Centennial Bank
P.O. BOX 308
TREZEVANT, TN 38258
* $ 689,600,000 40 $ 4,400,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 40 $ 7,130,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 26 $ 4,750,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 16 $ 2,560,000
Simmons Bank
501 MAIN
PINE BLUFF, AR 71601
* $ 24,685,744,000 15 $ 2,295,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 15 $ 2,735,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 108,342,526,000 14 $ 690,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 11 $ 2,285,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ -1,000 11 $ 1,485,000
Mortgage Investors Group
501 JAMES ROBERTSON PARKWAY
NASHVILLE, TN 37219
* $ -1,000 10 $ 1,380,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 10 $ 2,060,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 9 $ 1,125,000
Commercial Bank & Trust Company
P.O. BOX 1000
PARIS, TN 38242
* $ 1,157,694,000 9 $ 965,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 9 $ 1,455,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 8 $ 1,340,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 564,154,604,000 8 $ 820,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 8 $ 1,240,000
Johnsonville Tva Employees Cre
209 HWY 641 NORTH
CAMDEN, TN 38320
* $ 139,435,000 8 $ 690,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 8 $ 1,430,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 8 $ 1,090,000
Guaranty Home Mortgage Corporation
316 ROBERT ROSE DRIVE
NASHVILLE, TN 37129
* $ -1,000 8 $ 1,610,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 7 $ 985,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 7 $ 1,295,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 7 $ 865,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 7 $ 1,715,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,779,504,000,000 6 $ 830,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 6 $ 720,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 188,069,637,000 5 $ 885,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 5 $ 635,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 5 $ 755,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 117,378,701,000 5 $ 1,275,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 5 $ 565,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 5 $ 915,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 4 $ 400,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 4 $ 580,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 4 $ 720,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 4 $ 1,420,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 547,610,000 4 $ 520,000
Apex Bank
102 E MAIN ST
CAMDEN, TN 38320
* $ 971,477,000 4 $ 280,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 3 $ 705,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,655,190,000 3 $ 455,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 47,665,560,000 3 $ 245,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 3 $ 255,000
Security Bank and Trust Company
110 S MAIN ST
DYER, TN 38330
* $ 807,285,000 3 $ 945,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 3 $ 325,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 3 $ 265,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 3 $ 715,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 3 $ 435,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 775,000
Brighton Bank
7663 HIGHWAY 51 S
BRIGHTON, TN 38011
* $ 65,412,000 3 $ 1,385,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 130,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 2 $ 310,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 2 $ 170,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 400,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,669,227,000,000 2 $ 70,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 1,280,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 2 $ 430,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 2 $ 150,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 551,902,526,000 2 $ 270,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 88,758,641,000 2 $ 480,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 32,520,025,000 2 $ 290,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 7,846,662,000 2 $ 310,000
State Employees' Credit Union
P.O. DRAWER 25279
RALEIGH, NC 27611
* $ 51,653,025,000 2 $ 550,000
Cb&S Bank
200 JACKSON AVE. S.
RUSSELLVILLE, AL 35653
* $ 2,411,518,000 2 $ 260,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 2 $ 200,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 330,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 2 $ 760,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 16,793,269,000 2 $ 260,000
First Citizens National Bank

NEWARK, OH 43055
* $ 2,243,730,000 2 $ 490,000
Great Western Financial Services, Inc.
5408 W PLANO PKWY
PLANO, TX 75093
* $ -1,000 2 $ 190,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,810,411,000 2 $ 160,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 2 $ 250,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,046,473,000 2 $ 390,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 250,000
Wsfs Bank
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ 15,742,039,000 1 $ 75,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 375,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 3,863,597,000 1 $ 25,000
Norwich Commercial Group Inc
38 SECURITY DRIVE
AVON, CT 06001
* $ -1,000 1 $ 125,000
Wolfe Financial Inc
191 H NC HIGHWAY 42 NORTH
ASHEBORO, NC 27203
* $ -1,000 1 $ 115,000
Midflorida Credit Union
3004 S FLORIDA AVE
LAKELAND, FL 33801
* $ 6,049,934,000 1 $ 135,000
The Bank of Fayette County
1265 HWY 57 EAST
COLLIERVILLE, TN 38017
* $ 806,122,000 1 $ 85,000
Residential Home Funding Corp.
707 WESTCHESTER AVENUE, SUITE 305
WHITE PLAINS, NY 10604
* $ -1,000 1 $ 145,000
Bayshore Mortgage Funding
1920 GREENSPRING DRIVE, SUITE 140
TIMONIUM, MD 21093
* $ -1,000 1 $ 125,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ -1,000 1 $ 185,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ 1,025,737,000 1 $ 145,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 5,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 1 $ 155,000
Trustmark Bank
PO BOX 291
JACKSON, MS 39201
* $ 17,593,319,000 1 $ 245,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 95,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ 20,248,406,000 1 $ 175,000
First National Bank of Middle Tennessee
200 E MAIN ST
MCMINNVILLE, TN 37110
* $ 693,921,000 1 $ 295,000
The Mortgage Firm
921 DOUGLAS AVENUE, SUITE 200
ALTAMONTE SPRINGS, FL 32714
* $ -1,000 1 $ 185,000
First Federal Bank
611 EAST COLLEGE ST
DICKSON, TN 37055
* $ 950,963,000 1 $ 75,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 225,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 65,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 105,000
Ascend Federal Credit Union
520 AIRPARK DRIVE
TULLAHOMA, TN 37388
* $ 3,738,842,000 1 $ 55,000
Credence Funding Corporation
1200 TECHNOLOGY DR SUITE A
ABERDEEN, MD 21001
* $ -1,000 1 $ 375,000
Bartlett Mortgage Inc.
2860 STAGE VILLAGE COVE
BARTLETT, TN 38133
* $ -1,000 1 $ 75,000
Legends Bank
P.O. BOX 1066
CLARKSVILLE, TN 37041
* $ 756,446,000 1 $ 165,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 1 $ 135,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 395,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 85,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 1 $ 155,000
Southpoint Financial Services, Inc.
5955 SHILOH ROAD EAST, SUITE 200
ALPHARETTA, GA 30005
* $ -1,000 1 $ 195,000
F&M Bank
50 FRANKLIN ST
CLARKSVILLE, TN 37040
* $ 1,398,075,000 1 $ 195,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 75,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 245,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 145,000
United Southern Bank
PO BOX 951
HOPKINSVILLE, KY 42241
* $ 280,977,000 1 $ 275,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 1 $ 335,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 1 $ 145,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ -1,000 1 $ 985,000
Premier Mortgage Resources, LLC
3363 E PRESIDENTIAL DR STE 200
MERIDIAN, ID 83646
* $ -1,000 1 $ 125,000
Bank3
766 S WHITE STATION RD STE 5
MEMPHIS, TN 38119
* $ -1,000 1 $ 265,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ 251,923,000 1 $ 145,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 165,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 1 $ 165,000
Pinnacle Bank
150 3RD AVE SOUTH
NASHVILLE, TN 37203
* $ 38,275,134,000 1 $ 545,000
CU Community, LLC
2077 TOWN CENTER BOULEVARD
KNOXVILLE, TN 37922
* $ -1,000 1 $ 125,000
First South Financial Federal Credit Union
6471 STAGE RD, STE 101
BARTLETT, TN 38134
* $ 775,897,000 1 $ 95,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 155,000
Secured Investment Corp
701 E FRONT AVE
COEUR D'ALENE, ID 83814
* $ -1,000 1 $ 125,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,177,145,000 1 $ 65,000
United Community Bank
PO BOX 398
GREENVILLE, SC 29601
* $ 20,897,645,000 1 $ 395,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ -1,000 1 $ 155,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 1 $ 155,000
Cornerstone First Mortgage, LLC
2655 CAMINO DEL RIO N #450
SAN DIEGO, CA 92108
* $ -1,000 1 $ 65,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 1 $ 145,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 173,414,362,000 1 $ 215,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 1 $ 95,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 55,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ -1,000 1 $ 155,000
First Vision Bank of Tennessee
1401 N. JACKSON STREET
TULLAHOMA, TN 37388
* $ 371,122,000 1 $ 275,000
Ladera Lending, Inc.
555 CORPORATE DRIVE SUITE 215
LADERA RANCH, CA 92694
* $ -1,000 1 $ 85,000
Hometown Lenders, Inc.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 1 $ 175,000
Community Bank
19 NATCHEZ TRACE DR
LEXINGTON, TN 38351
* $ 217,148,000 1 $ 375,000
Broadway National Bank
1177 NE LOOP 410
SAN ANTONIO, TX 78209
* $ 5,237,447,000 1 $ 285,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 95,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 75,000

The tables below break down 2022 mortgage applications in Carroll County, TN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Carroll County, TN in 2022

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 581 $91,315,000 $157,000 $1,485,000 $74,000 $428,000
Cash-out Refinancing 262 $39,220,000 $149,000 $1,105,000 $75,000 $322,000
Refinancing 207 $27,515,000 $132,000 $655,000 $124,000 $8,888,000
Other Purpose 94 $6,730,000 $71,000 $255,000 $73,000 $600,000
Home Improvement 73 $4,655,000 $63,000 $435,000 $108,000 $900,000
Not Applicable 2 $200,000 $100,000 $115,000 $0 $0

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 955 $125,035,000 $130,000 $1,105,000 $87,000 $8,888,000
Not applicable 96 $20,320,000 $211,000 $1,485,000 $31,000 $31,000
Not Provided 85 $12,915,000 $151,000 $465,000 $83,000 $281,000
Black or African American 54 $7,270,000 $134,000 $425,000 $66,000 $239,000
Hispanic 14 $2,060,000 $147,000 $275,000 $54,000 $109,000
American Indian or Alaskan Native 10 $1,300,000 $130,000 $445,000 $68,000 $136,000
Asian 3 $425,000 $141,000 $205,000 $44,000 $65,000
Native Hawaiian or Other Pacific Islander 2 $310,000 $155,000 $155,000 $78,000 $78,000

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) 882 $111,240,000 $126,000 $1,485,000 $92,000 $8,888,000
FHA-insured (Federal Housing Administration) 176 $25,320,000 $143,000 $425,000 $61,000 $239,000
VA-guaranteed (Veterans Administration) 97 $24,065,000 $248,000 $1,105,000 $78,000 $306,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 64 $9,010,000 $140,000 $235,000 $54,000 $101,000

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 696 $97,350,000 $139,000 $1,485,000 $83,000 $900,000
Application Denied By Financial Institution 219 $26,125,000 $119,000 $465,000 $104,000 $8,888,000
Application Withdrawn By Applicant 126 $17,650,000 $140,000 $545,000 $76,000 $900,000
Loan Purchased By The Institution 81 $15,735,000 $194,000 $1,105,000 $61,000 $93,000
File Closed For Incompleteness 77 $9,965,000 $129,000 $425,000 $77,000 $600,000
Application Approved But Not Accepted 19 $2,665,000 $140,000 $325,000 $61,000 $187,000
Preapproval Approved but not Accepted 1 $145,000 $145,000 $145,000 $160,000 $160,000
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
Not applicable 771 $116,265,000 $150,000 $1,485,000 $80,000 $900,000
Debt-To-Income Ratio 283 $34,685,000 $122,000 $1,105,000 $112,000 $8,888,000
Credit History 98 $9,120,000 $93,000 $415,000 $60,000 $255,000
Collateral 18 $1,800,000 $100,000 $345,000 $75,000 $149,000
Credit Application Incomplete 17 $3,365,000 $197,000 $465,000 $94,000 $239,000
Other 17 $2,365,000 $139,000 $265,000 $61,000 $153,000
Unverifiable Information 10 $1,360,000 $136,000 $215,000 $74,000 $120,000
Insufficient Cash (Downpayment, Closing Cost) 4 $550,000 $137,000 $175,000 $74,000 $123,000
Employment History 1 $125,000 $125,000 $125,000 $47,000 $47,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

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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