Giles County, TN Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 1,213 mortgage applications in Giles County, TN totaling $139.1 million, up 6% from 2016. The average application was for $114,000, and applicants reported an average income of $57,000. 41% of applications resulted in an originated loan and 20% were denied. The most active lender was First National Bank of Pulaski, with 126 applications, followed by Wells Fargo Bank NA and Suntrust Bank.

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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 1,213
Total Mortgage Loan Application Amount $139,139,000
Average Mortgage Loan Application Amount $114,000
Highest Mortgage Loan Application Amount $1,750,000
Average Applicant Income $57,000
Highest Applicant Income $2,685,000

Mortgage Company List for Lending in Giles County, TN for 2017

* 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
First National Bank of Pulaski
PO BOX 289
PULASKI, TN 38478
* $ 760,126,000 126 $ 13,666,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,727,235,000,000 68 $ 8,867,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 200,557,635,000 64 $ 468,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 45 $ 4,274,000
First Farmers and Merchants Bank
P.0. BOX 1148
COLUMBIA, TN 38401
* $ 1,332,794,000 45 $ 4,693,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 44 $ 2,517,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 43 $ 3,424,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 39 $ 4,817,000
Hometown Lenders, Inc.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ 0 36 $ 5,687,000
Cb&S Bank
200 JACKSON AVE. S.
RUSSELLVILLE, AL 35653
* $ 1,581,205,000 30 $ 2,568,000
Guaranty Trust Company
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 26 $ 3,395,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 24 $ 3,209,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 24 $ 3,271,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 21 $ 2,200,000
Iberiabank
285 WEST ESPLANADE AVENUE, 2ND FLOOR
KENNER, LA 70065
* $ 21,574,595,000 19 $ 2,292,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 19 $ 2,869,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 18 $ 2,224,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 16 $ 2,236,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 16 $ 1,681,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 16 $ 2,729,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 15 $ 1,734,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 15 $ 2,127,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 14 $ 2,321,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,042,021,000 14 $ 978,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 11 $ 1,485,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 11 $ 1,019,000
Mortgage Investors Group
501 JAMES ROBERTSON PARKWAY
NASHVILLE, TN 37219
* $ -1,000 9 $ 1,039,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 9 $ 680,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 9 $ 1,029,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 8 $ 1,018,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 7 $ 752,000
Acopia, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ -1,000 7 $ 873,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ -1,000 7 $ 1,074,000
Community First Bank & Trust
501 S JAMES CAMPBELL BLVD
COLUMBIA, TN 38401
* $ 471,392,000 7 $ 483,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 7 $ 1,070,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 7 $ 1,170,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 7 $ 1,321,000
First National Bank of Middle Tennessee
200 E MAIN ST
MCMINNVILLE, TN 37110
* $ 495,232,000 7 $ 1,076,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 7 $ 1,015,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 6 $ 811,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ -1,000 6 $ 924,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 3,275,430,000 6 $ 621,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 6 $ 808,000
First National Mortgage Services, LLC
1111 NORTH MAPLE STREET
MURFREESBORO, TN 37130
* $ -1,000 6 $ 749,000
Heritage Bank & Trust
217 S JAMES CAMPBELL BLVD
COLUMBIA, TN 38401
* $ 114,527,000 6 $ 412,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 5 $ 222,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,677,490,000,000 5 $ 807,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,980,496,000 5 $ 1,229,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 5 $ 629,000
Trustmark Bank
PO BOX 291
JACKSON, MS 39201
* $ 13,350,429,000 5 $ 927,000
Ascend Federal Credit Union
520 AIRPARK DRIVE
TULLAHOMA, TN 37388
* $ 1,992,014,000 5 $ 949,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 5 $ 611,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 4 $ 455,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 4 $ 657,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 4 $ 500,000
F&M Bank
50 FRANKLIN ST
CLARKSVILLE, TN 37040
* $ 978,809,000 4 $ 818,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 4 $ 379,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 4 $ 359,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 3 $ 334,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 3 $ 491,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 3 $ 359,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 27,829,056,000 3 $ 463,000
Alliance Credit, LLC
7825 W. AKRON-CANFIELD RD
CANFIELD, OH 44406
* $ -1,000 3 $ 153,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 3 $ 181,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 3 $ 197,000
Hometrust Mortgage Company
5353 W ALABAMA, SUITE 500
HOUSTON, TX 77056
* $ -1,000 3 $ 421,000
Gardner Financial Services, Ltd.
3503 PAESANOS PKWY
SAN ANTONIO, TX 78231
* $ -1,000 3 $ 455,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 13,265,339,000 3 $ 165,000
Home Point Mortgage Acceptance Corporation
121 RESEARCH BLVD
MADISON, AL 35758
* $ -1,000 3 $ 753,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 3 $ 200,000
Listerhill Credit Union
P O BOX 566
SHEFFIELD, AL 35660
* $ 728,273,000 2 $ 94,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 531,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 2 $ 754,000
Reliant Bank
1736 CAROTHERS PARKWAY
BRENTWOOD, TN 37027
* $ 911,063,000 2 $ 308,000
First Direct Lending LLC
15261 LAGUNA CANYON ROAD, SUITE 200
IRVINE, CA 92618
* $ -1,000 2 $ 241,000
Peoples Home Equity
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ -1,000 2 $ 240,000
Finworth Mortgage, LLC, An Insbank Company
2106 CRESTMOOR ROAD
NASHVILLE, TN 37215
* $ -1,000 2 $ 230,000
Summit Funding.Inc
2135 BUTANO DRIVE SUITE 150
SACRAMENTO, CA 95825
* $ -1,000 2 $ 183,000
Triumph Bank
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 595,178,000 2 $ 198,000
Citizens Bank & Trust
711 GUNTER AVENUE
GUNTERSVILLE, AL 35976
* $ 414,180,000 2 $ 150,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 286,080,320,000 2 $ 100,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 2 $ 189,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ -1,000 2 $ 355,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ -1,000 2 $ 358,000
Franklin Synergy Bank
722 COLUMBIA AVENUE
FRANKLIN, TN 37064
* $ 2,945,356,000 2 $ 204,000
Peoples State Bank of Commerce
7122 NOLENSVILLE RD
NOLENSVILLE, TN 37135
* $ 158,811,000 2 $ 120,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,095,554,000 2 $ 284,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,027,051,000 2 $ 193,000
Csl Financial, LLC
500 OFFICE PARK DRIVE SUITE 310
BIRMINGHAM, AL 35223
* $ 0 2 $ 126,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 214,433,035,000 2 $ 177,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 28,351,811,000 2 $ 115,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ -1,000 2 $ 376,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 2 $ 227,000
Citizens Tri County Bank
P.O. BOX, 15699
DUNLAP, TN 37327
* $ 793,220,000 1 $ 9,000
Liberty Federal Credit Union
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ 1,277,552,000 1 $ 137,000
Mountain Valley Bank
17114 RANKIN AVE
DUNLAP, TN 37327
* $ 94,190,000 1 $ 422,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 317,715,000 1 $ 73,000
North Alabama Bank
13914 HWY 231-431 NORTH
HAZEL GREEN, AL 35750
* $ 93,710,000 1 $ 36,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ -1,000 1 $ 138,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ -1,000 1 $ 77,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 122,631,667,000 1 $ 95,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 835,262,000 1 $ 258,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 475,515,000 1 $ 248,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 8,676,168,000 1 $ 104,000
1st Franklin Financial Corporation
135 E. TUGALO ST.
TOCCOA, GA 30577
* $ -1,000 1 $ 7,000
Hall Financial
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48083
* $ 412,902,000 1 $ 97,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 54,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 1 $ 128,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ -1,000 1 $ 126,000
American Southwest Mortgage Funding Corp
5900 MOSTELLER DRIVE SUITE 8
OKLAHOMA CITY, OK 73112
* $ -1,000 1 $ 103,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ 10,000,000 1 $ 225,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ 6,884,999,000 1 $ 261,000
Pinnacle Bank
150 3RD AVE SOUTH
NASHVILLE, TN 37203
* $ 11,096,621,000 1 $ 102,000
Walker & Dunlop, LLC
7501 WISCONSIN AVE, STE 1200E
BETHESDA, MD 20814
* $ -1,000 1 $ 1,750,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 1 $ 222,000
Alpine Bank & Trust Co.
1700 N ALPINE RD
ROCKFORD, IL 61107
* $ 1,249,501,000 1 $ 108,000
Corridor Mortgage Group, Inc.
11085 STRATFIELD COURT
MARRIOTTSVILLE, MD 21104
* $ -1,000 1 $ 121,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 254,000
Heritage South Community Credi
P.O. BOX 1219
SHELBYVILLE, TN 37162
* $ 181,047,000 1 $ 360,000
Cadence Bank, N.A.
2100 3RD AVE N
BIRMINGHAM, AL 35203
* $ 9,515,975,000 1 $ 309,000
Wilson Bank and Trust
623 WEST MAIN STREET
LEBANON, TN 37087
* $ 2,183,232,000 1 $ 25,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 107,000
Shelter Lending Services, LLC

FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 108,000
Panorama Mortgage Group, LLC
350 RAMPART BOULEVARD SUITE 310
LAS VEGAS, NV 89113
* $ -1,000 1 $ 193,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ -1,000 1 $ 204,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 91,146,995,000 1 $ 35,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 139,776,168,000 1 $ 65,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 1 $ 162,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ -1,000 1 $ 86,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 75,000
Avadian Credit Union
1 RIVERCHASE PKWY S
HOOVER, AL 35244
* $ 733,532,000 1 $ 84,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 53,000
Coastal States Mortgage, Inc.
5 BOW CIRCLE
HILTON HEAD ISLAND, SC 29928
* $ -1,000 1 $ 108,000
Eastman Credit Union
P.O. BOX 1989
KINGSPORT, TN 37662
* $ 3,633,286,000 1 $ 53,000
Chou Team Realty, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ 2,800,000,000 1 $ 253,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 1 $ 95,000
Castle & Cooke Mortgage, LLC
13751 S WADSWORTH PARK DRIVE, STE 101
DRAPER, UT 84020
* $ -1,000 1 $ 110,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ -1,000 1 $ 88,000
Jmac Lending, Inc.
2510 RED HILL AVENUE
SANTA ANA, CA 92705
* $ -1,000 1 $ 217,000
Southwest Funding LP
13150 COIT ROAD STE 100
DALLAS, TX 75240
* $ -1,000 1 $ 106,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,883,786,000 1 $ 110,000
Integrity First Financial Group, Inc.
6333 GREENWICH DRIVE SUITE 280
SAN DIEGO, CA 92122
* $ -1,000 1 $ 186,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 558,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 1 $ 74,000
Nations Reliable Lending, LLC

HOUSTON, TX 77057
* $ -1,000 1 $ 123,000

The tables below break down 2017 mortgage applications in Giles 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 Giles County, TN in 2017

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 656 $83,316,000 $127,000 $556,000 $56,000 $1,815,000
Refinancing 394 $49,776,000 $126,000 $1,750,000 $52,000 $411,000
Home Improvement 163 $6,047,000 $37,000 $385,000 $72,000 $2,685,000

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 854 $97,270,000 $113,000 $558,000 $65,000 $2,685,000
Not applicable 153 $21,426,000 $140,000 $1,750,000 $6,000 $210,000
Black or African American 102 $8,588,000 $84,000 $424,000 $48,000 $583,000
Not Provided 76 $8,627,000 $113,000 $594,000 $69,000 $357,000
Hispanic 17 $2,401,000 $141,000 $273,000 $65,000 $120,000
Asian 6 $539,000 $89,000 $144,000 $126,000 $450,000
American Indian or Alaskan Native 5 $288,000 $57,000 $100,000 $40,000 $78,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

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) 650 $65,755,000 $101,000 $594,000 $72,000 $2,685,000
FHA-insured (Federal Housing Administration) 273 $33,512,000 $122,000 $1,750,000 $38,000 $296,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 146 $15,436,000 $105,000 $168,000 $25,000 $78,000
VA-guaranteed (Veterans Administration) 144 $24,436,000 $169,000 $558,000 $59,000 $285,000

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 500 $60,441,000 $120,000 $594,000 $68,000 $1,815,000
Application Denied By Financial Institution 242 $19,225,000 $79,000 $525,000 $63,000 $2,685,000
Loan Purchased By The Institution 202 $26,907,000 $133,000 $424,000 $21,000 $210,000
Application Withdrawn By Applicant 152 $19,497,000 $128,000 $1,750,000 $57,000 $300,000
File Closed For Incompleteness 78 $7,652,000 $98,000 $556,000 $54,000 $285,000
Application Approved But Not Accepted 39 $5,417,000 $138,000 $558,000 $60,000 $206,000
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 59 $3,407,000 $57,000 $280,000 $102,000 $2,685,000
Debt-To-Income Ratio 28 $2,395,000 $85,000 $481,000 $42,000 $140,000
Collateral 20 $2,059,000 $102,000 $202,000 $74,000 $163,000
Credit Application Incomplete 11 $1,663,000 $151,000 $525,000 $76,000 $300,000
Other 11 $811,000 $73,000 $147,000 $59,000 $119,000
Insufficient Cash (Downpayment, Closing Cost) 3 $318,000 $106,000 $123,000 $43,000 $49,000
Unverifiable Information 1 $20,000 $20,000 $20,000 $64,000 $64,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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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