Franklin County, TN Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 1,570 mortgage applications in Franklin County, TN totaling $210.2 million, down 6% from 2010. The average application was for $133,000, and applicants reported an average income of $80,000. 44% of applications resulted in an originated loan and 22% were denied. The most active lender was Ascend Federal Credit Union, with 135 applications, followed by Bank of America NA and Wells Fargo Bank NA.

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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 1,570
Total Mortgage Loan Application Amount $210,192,000
Average Mortgage Loan Application Amount $133,000
Highest Mortgage Loan Application Amount $1,054,000
Average Applicant Income $80,000
Highest Applicant Income $4,947,000

Mortgage Company List for Lending in Franklin County, TN for 2011

* 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
Ascend Federal Credit Union
520 AIRPARK DRIVE
TULLAHOMA, TN 37388
* $ 1,391,600,000 135 $ 17,479,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 115 $ 16,917,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 102 $ 15,690,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 93 $ 11,366,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 126,719,736,000 89 $ 13,881,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 73 $ 4,754,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 71 $ 8,962,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 66 $ 6,319,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 55 $ 6,133,000
Crescent Mortgage Company
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 931,141,000 43 $ 6,496,000
Citizens Tri County Bank
P.O. BOX, 15699
DUNLAP, TN 37327
* $ 507,693,000 37 $ 1,716,000
American Bank of Huntsville
3301 MEMORIAL PKWY SW
HUNTSVILLE, AL 35801
* $ 172,971,000 33 $ 4,122,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 29 $ 4,599,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 29 $ 4,413,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 25 $ 3,024,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 25 $ 4,315,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 21 $ 3,649,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 21 $ 3,041,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 19 $ 2,849,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 17 $ 2,914,000
Citifinancial Services, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 15 $ 876,000
Onemain Financial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 0 14 $ 881,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 14 $ 1,685,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 13 $ 2,612,000
Acopia, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ 100,000,000 13 $ 1,897,000
Guaranty Trust Company
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 12 $ 1,486,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 11 $ 1,261,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 10 $ 1,145,000
Mountain Valley Bank
17114 RANKIN AVE
DUNLAP, TN 37327
* $ 97,681,000 10 $ 364,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 108,971,662,000 10 $ 2,475,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 10 $ 1,027,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 165,800,581,000 8 $ 1,144,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 7 $ 994,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 7 $ 1,285,000
First National Bank of Pulaski
PO BOX 289
PULASKI, TN 38478
* $ 601,076,000 7 $ 916,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 7 $ 741,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 7 $ 1,254,000
The Mortgage Outlet, Inc.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 7 $ 618,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 7 $ 418,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 6 $ 1,042,000
F&M Bank
50 FRANKLIN ST
CLARKSVILLE, TN 37040
* $ 790,289,000 6 $ 1,109,000
Southern Trust Mortgage LLC
4433 CORPORATION LANE, SUITE 300
VIRGINIA BEACH, VA 23462
* $ 935,253,000 6 $ 786,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 6 $ 1,275,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 6 $ 868,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ 10,000,000 6 $ 1,254,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 6 $ 933,000
The First National Bank of Manchester
100 W HIGH ST
MANCHESTER, TN 37355
* $ 197,697,000 5 $ 269,000
Farmers Bank of Lynchburg
P.O. BOX 159
LYNCHBURG, TN 37352
* $ 202,144,000 5 $ 372,000
Pinnacle National Bank
150 3RD AVENUE SOUTH, SUITE 900
NASHVILLE, TN 37201
* $ 4,903,192,000 5 $ 1,401,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 4 $ 307,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,068,872,000 4 $ 1,097,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 4 $ 535,000
Residential Finance Corp.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 4 $ 695,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 4 $ 508,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 4 $ 270,000
Peoples Home Equity
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ 1,065,000 4 $ 726,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 4 $ 345,000
Mortgage Investors Group
501 JAMES ROBERTSON PARKWAY
NASHVILLE, TN 37219
* $ 10,000,000 3 $ 292,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 24,832,312,000 3 $ 1,378,000
Iserve Residential Lending
10920 VIA FRONTERA SUITE 520
SAN DIEGO, CA 92127
* $ 35,257,000 3 $ 404,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 3 $ 400,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 3 $ 402,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 3 $ 363,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 550,000
Clayton Bank and Trust
520 WEST SUMMIT HILL DRIVE SUITE 801
KNOXVILLE, TN 37902
* $ 650,594,000 3 $ 116,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 3 $ 881,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 3 $ 277,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 10,788,420,000 3 $ 204,000
First Liberty Financial Group
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ 1,000,000,000 3 $ 515,000
Tower Community Bank
4564 MAIN ST
JASPER, TN 37347
* $ 64,871,000 2 $ 612,000
Mortgageamerica, Inc.
1800 INTERNATIONAL PARK DR, SUITE 100
BIRMINGHAM, AL 35243
* $ 10,000,000 2 $ 216,000
Home Point Mortgage Acceptance Corporation
121 RESEARCH BLVD
MADISON, AL 35758
* $ 580,000,000 2 $ 148,000
UBS Ag, Tampa Branch
3000 BAYPORT
TAMPA, FL 33607
* $ 1,400,000,000 2 $ 581,000
Synovus Mortgage Corporation
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 27,908,468,000 2 $ 505,000
Merrill Lynch Credit Corp
30930 RUSSELL RANCH RD CA6-916-01-14
WESTLAKE VILLAGE, CA 91362
* $ 2,223,299,000 2 $ 978,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 56,866,447,000 2 $ 335,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 2 $ 183,000
Cbc National Bank
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 427,083,000 2 $ 443,000
Beacon Federal
PO BOX 186, 6611 MANLIUS CENTER ROAD
EAST SYRACUSE, NY 13057
* $ 1,032,683,000 2 $ 147,000
Tennessee Valley Federal C U
535 CHESTNUT STREET
CHATTANOOGA, TN 37402
* $ 742,289,000 2 $ 288,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 2 $ 457,000
Sidus Financial, LLC
701 GREEN VALLEY ROAD, SUITE 101
GREENSBORO, NC 27408
* $ 10,000,000 2 $ 121,000
Fidelity Bank
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 1,942,629,000 2 $ 540,000
Wilson Bank and Trust
623 WEST MAIN STREET
LEBANON, TN 37087
* $ 1,483,961,000 2 $ 327,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 2 $ 466,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 2 $ 362,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 2 $ 240,000
First National Mortgage Services, LLC
1111 NORTH MAPLE STREET
MURFREESBORO, TN 37130
* $ 201,335,000 2 $ 341,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 2 $ 272,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 2 $ 369,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 244,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 2 $ 307,000
Network Funding, L.P.
9700 RICHMOND, SUITE 320
HOUSTON, TX 77042
* $ 43,942,000 2 $ 187,000
Cendera Funding Inc.
3600 BENBROOK HWY
FORT WORTH, TX 76116
* $ 1,141,000 2 $ 586,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 2 $ 114,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ 502,411,000 1 $ 63,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 66,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 128,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 88,000
Amerifirst Financial Corporati
616 WEST CENTRE AVENUE
PORTAGE, MI 49024
* $ 10,000,000 1 $ 66,000
Lsi Mortgage Plus
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 1 $ 88,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 85,930,126,000 1 $ 119,000
Synovus Bank
PO BOX 120
COLUMBUS, GA 31902
* $ 27,908,468,000 1 $ 58,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 196,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 76,465,208,000 1 $ 137,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 108,668,289,000 1 $ 35,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,104,501,000 1 $ 750,000
Gms Funding, LLC
824 MEETING STREET
WEST COLUMBIA, SC 29169
* $ 417,745,000 1 $ 120,000
Qr Lending Inc
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 1 $ 123,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 1 $ 275,000
Everett Financial Inc.
14801 QUORUM DR SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 89,000
Wr Starkey Mortgage LLP
6101 WEST PLANO PARKWAY
PLANO, TX 75093
* $ 10,000,000 1 $ 100,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 85,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 102,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 84,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 232,000
Southpoint Financial Services, Inc.
5955 SHILOH ROAD EAST, SUITE 200
ALPHARETTA, GA 30005
* $ 40,000,000 1 $ 120,000
Walker Jackson Mortgage Corpor
14501 GEORGE CARTER WAY
CHANTILLY, VA 20151
* $ 292,944,000 1 $ 115,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ 8,226,000 1 $ 132,000
Universal Mortgage & Finance, Inc
3158 BRAVERTON STREET SUITE 204
EDGEWATER, MD 21037
* $ 10,000,000 1 $ 166,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ 10,000,000 1 $ 95,000
North Alabama Bank
13914 HWY 231-431 NORTH
HAZEL GREEN, AL 35750
* $ 124,793,000 1 $ 42,000
Georgia Banking Company
6190 POWERS FERRY ROAD, SUITE 150
ATLANTA, GA 30309
* $ 242,561,000 1 $ 131,000
Servisfirst Bank
2500 WOODCREST PLACE
BIRMINGHAM, AL 35209
* $ 1,935,266,000 1 $ 400,000
Progress Bank and Trust
201 WILLIAMS AVENUE
HUNTSVILLE, AL 35801
* $ 320,631,000 1 $ 274,000
First Jackson Bank, Inc
43243 U S HIGHWAY 72
STEVENSON, AL 35772
* $ 206,675,000 1 $ 249,000
Truity Federal Credit Union
501 S JOHNSTONE
BARTLESVILLE, OK 74003
* $ 539,317,000 1 $ 64,000
Cimarron Mortgage Company
6311 RIDGEWOOD RD STE 400W
JACKSON, MS 39211
* $ 10,000,000 1 $ 155,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 640,770,000 1 $ 133,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,919,054,000 1 $ 20,000
Delta Community Credit Union
3270 RIVERWOOD PKWY
ATLANTA, GA 30339
* $ 3,880,849,000 1 $ 193,000
Heritage South Community Credi
P.O. BOX 1219
SHELBYVILLE, TN 37162
* $ 148,226,000 1 $ 70,000
Carnegie Mortgage
2297 STATE HIGHWAY 33
HAMILTON SQUARE, NJ 08690
* $ 193,976,000 1 $ 104,000
Access National Mortgage Corp
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 1 $ 141,000
Greenbank
100 NORTH MAIN STREET
GREENEVILLE, TN 37743
* $ 2,403,070,000 1 $ 87,000
First Farmers and Merchants Bank
P.0. BOX 1148
COLUMBIA, TN 38401
* $ 937,818,000 1 $ 242,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,285,622,000 1 $ 150,000
Franklin Synergy Bank
722 COLUMBIA AVENUE
FRANKLIN, TN 37064
* $ 349,902,000 1 $ 62,000
First Star Bank, S.S.B.
109 S COMMERCE / PO BOX 7
BREMOND, TX 76629
* $ 193,110,000 1 $ 120,000
Builtwell Bank
728 BROAD STREET
CHATTANOOGA, TN 37402
* $ 667,546,000 1 $ 144,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 4,291,724,000 1 $ 72,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 213,864,000 1 $ 268,000
Cb&S Bank
200 JACKSON AVE. S.
RUSSELLVILLE, AL 35653
* $ 1,230,855,000 1 $ 41,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 733,124,000 1 $ 130,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 31,465,215,000 1 $ 576,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 195,000
First Century Bank, National Association
807 DORSEY ST
GAINESVILLE, GA 30501
* $ 72,051,000 1 $ 70,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 652,138,000 1 $ 200,000
Charterbank
1233 O.G. SKINNER DRIVE
WEST POINT, GA 31833
* $ 1,062,792,000 1 $ 104,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 1,640,565,000 1 $ 43,000
First Federal Bank
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 175,796,000 1 $ 150,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,054,163,000 1 $ 85,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 555,205,000 1 $ 132,000
Aig Federal Savings Bank
600 N KING STREET, SUITE 2
WILMINGTON, DE 19801
* $ 1,064,456,000 1 $ 118,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 341,542,000 1 $ 13,000
First Financial Services, Inc.
6230 FAIRVIEW RD, 450
CHARLOTTE, NC 28210
* $ 842,786,000 1 $ 197,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 1 $ 212,000

The tables below break down 2011 mortgage applications in Franklin 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 Franklin County, TN 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
Refinancing 1,048 $148,587,000 $141,000 $750,000 $84,000 $4,947,000
Home Purchase 458 $58,330,000 $127,000 $1,054,000 $74,000 $1,295,000
Home Improvement 64 $3,275,000 $51,000 $417,000 $60,000 $847,000

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 1,260 $171,031,000 $135,000 $1,054,000 $88,000 $4,947,000
Not Provided 133 $18,002,000 $135,000 $633,000 $64,000 $550,000
Not applicable 90 $12,878,000 $143,000 $500,000 $21,000 $360,000
Black or African American 52 $3,703,000 $71,000 $153,000 $36,000 $91,000
American Indian or Alaskan Native 14 $2,053,000 $146,000 $400,000 $90,000 $360,000
Hispanic 13 $1,439,000 $110,000 $200,000 $75,000 $209,000
Asian 7 $990,000 $141,000 $199,000 $83,000 $128,000
Native Hawaiian or Other Pacific Islander 1 $96,000 $96,000 $96,000 $48,000 $48,000

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) 1,104 $154,124,000 $139,000 $1,054,000 $96,000 $4,947,000
FHA-insured (Federal Housing Administration) 285 $34,014,000 $119,000 $274,000 $45,000 $333,000
VA-guaranteed (Veterans Administration) 97 $14,140,000 $145,000 $380,000 $44,000 $189,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 84 $7,914,000 $94,000 $173,000 $33,000 $73,000

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 684 $93,931,000 $137,000 $1,054,000 $96,000 $4,947,000
Application Denied By Financial Institution 347 $42,346,000 $122,000 $750,000 $60,000 $1,084,000
Loan Purchased By The Institution 260 $38,094,000 $146,000 $500,000 $65,000 $1,246,000
Application Withdrawn By Applicant 154 $19,735,000 $128,000 $560,000 $86,000 $3,000,000
Application Approved But Not Accepted 81 $9,607,000 $118,000 $600,000 $68,000 $492,000
File Closed For Incompleteness 44 $6,479,000 $147,000 $375,000 $77,000 $500,000
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 62 $5,734,000 $92,000 $339,000 $49,000 $174,000
Collateral 44 $8,782,000 $199,000 $712,000 $125,000 $847,000
Debt-To-Income Ratio 36 $5,711,000 $158,000 $633,000 $50,000 $333,000
Credit Application Incomplete 21 $3,919,000 $186,000 $750,000 $123,000 $1,084,000
Other 18 $2,494,000 $138,000 $306,000 $67,000 $240,000
Unverifiable Information 3 $479,000 $159,000 $255,000 $103,000 $216,000
Insufficient Cash (Downpayment, Closing Cost) 3 $412,000 $137,000 $259,000 $56,000 $110,000
Employment History 1 $148,000 $148,000 $148,000 $37,000 $37,000
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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