Henry County, TN Mortgage Lenders & HMDA Data, 2019

In 2019, lenders reported 1,172 mortgage applications in Henry County, TN totaling $137.9 million, up 18% from 2018. The average application was for $117,000, and applicants reported an average income of $73,000. 55% of applications resulted in an originated loan and 18% were denied. The most active lender was Firstbank, with 146 applications, followed by Regions Bank and Commercial Bank & Trust Company.

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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 1,172
Total Mortgage Loan Application Amount $137,890,000
Average Mortgage Loan Application Amount $117,000
Highest Mortgage Loan Application Amount $725,000
Average Applicant Income $73,000
Highest Applicant Income $675,000

Mortgage Company List for Lending in Henry County, TN for 2019

* 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
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 5,133,339,000 146 $ 17,340,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 124,716,588,000 125 $ 10,385,000
Commercial Bank & Trust Company
P.O. BOX 1000
PARIS, TN 38242
* $ 740,176,000 111 $ 12,445,000
Carroll Bank and Trust
19510 E MAIN ST
HUNTINGDON, TN 38344
* $ 285,226,000 51 $ 4,375,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,689,351,000,000 46 $ 6,280,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 38 $ 5,390,000
McKenzie Banking Company
676 N MAIN ST
MCKENZIE, TN 38201
* $ 128,798,000 31 $ 1,915,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 27 $ 1,675,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,426,633,000 26 $ 3,420,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 25 $ 1,935,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 459,476,604,000 24 $ 2,600,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 20 $ 3,110,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 19 $ 2,235,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 18 $ 2,280,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 219,071,000,000 17 $ 1,785,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 17 $ 2,485,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 16 $ 2,260,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 16 $ 2,030,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 12 $ 1,650,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 81,602,818,000 11 $ 1,715,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 9 $ 1,515,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,218,960,000,000 9 $ 1,155,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 8 $ 1,180,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 8 $ 1,510,000
Simmons Bank
501 MAIN
PINE BLUFF, AR 71601
* $ 16,518,217,000 8 $ 1,060,000
Centennial Bank
P.O. BOX 308
TREZEVANT, TN 38258
* $ 463,407,000 8 $ 910,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,135,647,000 7 $ 575,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 7 $ 1,165,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 6 $ 810,000
F&M Bank
50 FRANKLIN ST
CLARKSVILLE, TN 37040
* $ 1,105,154,000 6 $ 940,000
Apex Bank
102 E MAIN ST
CAMDEN, TN 38320
* $ 559,994,000 5 $ 265,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 5 $ 465,000
Independence Bank of Kentucky
2425 FREDERICA STREET
OWENSBORO, KY 42301
* $ 2,358,895,000 5 $ 665,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ -1,000 5 $ 605,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,500,928,000 5 $ 565,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 108,015,112,000 5 $ 285,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 209,720,480,000 5 $ 815,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 4 $ 380,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 12,915,178,000 4 $ 830,000
Mortgage Investors Group
501 JAMES ROBERTSON PARKWAY
NASHVILLE, TN 37219
* $ -1,000 4 $ 980,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 4 $ 580,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 4 $ 370,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 4 $ 410,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 4 $ 900,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 4 $ 690,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,782,639,000,000 4 $ 440,000
First Citizens National Bank

NEWARK, OH 43055
* $ 1,703,271,000 4 $ 810,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 4 $ 620,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 3 $ 385,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 3 $ 395,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 395,677,000 3 $ 675,000
Parkside Lending, LLC
1130 HOWARD ST.
SAN FRANCISCO, CA 94103
* $ -1,000 3 $ 655,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,060,792,000 3 $ 225,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 3 $ 615,000
Traditions First Bank
5745 EAST MAIN STREET
ERIN, TN 37061
* $ 144,502,000 3 $ 525,000
Guaranty Home Mortgage Corporation
316 ROBERT ROSE DRIVE
NASHVILLE, TN 37129
* $ -1,000 3 $ 265,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 3 $ 405,000
Fnb Bank Inc
101 E BROADWAY
MAYFIELD, KY 42066
* $ 506,834,000 3 $ 595,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 3 $ 495,000
First Federal Bank
611 EAST COLLEGE ST
DICKSON, TN 37055
* $ 682,565,000 3 $ 395,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 96,962,446,000 3 $ 455,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 3 $ 335,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 144,453,358,000 2 $ 90,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 2 $ 430,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 2 $ 320,000
Cityworth Mortgage LLC
11781 LEE JACKSON HIGHWAY
FAIRFAX, VA 22033
* $ -1,000 2 $ 180,000
Tennessee Trust Mortgage, Inc.
6398 HWY 41A
PLEASANT VIEW, TN 37146
* $ -1,000 2 $ 230,000
Leaders Credit Union
35 STONEBRIDGE BLVD.
JACKSON, TN 38305
* $ 389,103,000 2 $ 210,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 2 $ 210,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 123,147,670,000 2 $ 610,000
Legends Bank
P.O. BOX 1066
CLARKSVILLE, TN 37041
* $ 491,989,000 2 $ 100,000
Johnsonville Tva Employees Cre
209 HWY 641 NORTH
CAMDEN, TN 38320
* $ 98,098,000 2 $ 170,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 2 $ 250,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 2 $ 210,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 240,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 30,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 2 $ 200,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 2 $ 270,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ -1,000 2 $ 140,000
United Community Bank
PO BOX 398
GREENVILLE, SC 29601
* $ 12,548,727,000 2 $ 240,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ -1,000 2 $ 340,000
Patriot Bank
8376 HIGHWAY 51 N
MILLINGTON, TN 38053
* $ 335,670,000 2 $ 130,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 2 $ 150,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 2 $ 360,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 40,636,055,000 2 $ 390,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 36,899,806,000 2 $ 280,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,933,790,000 2 $ 360,000
Hometown Lenders, Inc.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 2 $ 180,000
Flagstar Bank NA

TROY, MI 49098
* $ 18,466,868,000 2 $ 390,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 302,006,000 2 $ 50,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 14,205,430,000 1 $ 75,000
Ut Federal Credit Union
2100 WHITE AVENUE
KNOXVILLE, TN 37919
* $ 299,734,000 1 $ 115,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 7,306,280,000 1 $ 285,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ -1,000 1 $ 115,000
Sandia Area Federal Credit Uni
PO BOX 18044
ALBUQUERQUE, NM 87185
* $ 693,137,000 1 $ 25,000
Chou Team Realty, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ -1,000 1 $ 155,000
Reverse Mortgage Funding LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 1 $ 45,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 949,720,000 1 $ 55,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 108,672,320,000 1 $ 345,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 268,405,000 1 $ 75,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 18,008,424,000 1 $ 15,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 9,796,674,000 1 $ 85,000
Community Bank of Mississippi
323 EAST THIRD STREET
FLOWOOD, MS 39232
* $ 3,239,014,000 1 $ 75,000
Trustmark Bank
PO BOX 291
JACKSON, MS 39201
* $ 13,284,058,000 1 $ 75,000
Secured Investment Corp
701 E FRONT AVE
COEUR D'ALENE, ID 83814
* $ -1,000 1 $ 35,000
Cornerstone Financial Credit Union
1701 21ST AVE. SO./PO BOX 120729
NASHVILLE, TN 37212
* $ 375,970,000 1 $ 55,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 1 $ 75,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 1 $ 75,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 5,953,334,000 1 $ 175,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,484,751,000 1 $ 175,000
First South Financial Federal Credit Union
6471 STAGE RD, STE 101
BARTLETT, TN 38134
* $ 568,151,000 1 $ 95,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 144,960,000 1 $ 315,000
Security Bank
120 N MILL AVE
DYERSBURG, TN 38024
* $ 193,565,000 1 $ 35,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 1 $ 145,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 5,000
Potomac Mortgage Group, Inc.
4035 RIDGE TOP ROAD, SUITE 100
FAIRFAX, VA 22030
* $ -1,000 1 $ 485,000
Bank of Ripley
134 N JEFFERSON STREET
RIPLEY, TN 38063
* $ 219,887,000 1 $ 205,000
Centennial Bank
PO BOX 966
ARKANSAS, AR 72033
* $ 15,291,497,000 1 $ 195,000
Ranlife, Inc.
9272 S. 700 E.
SANDY, UT 84070
* $ -1,000 1 $ 95,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,185,032,000 1 $ 255,000
Arvest Bank

TULSA, OK 74103
* $ 18,449,940,000 1 $ 75,000
Weststar Mortgage Corporation
6363 NORTH STATE HIGHWAY 161
ALBUQUERQUE, NM 87113
* $ -1,000 1 $ 315,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 240,252,000 1 $ 25,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 1 $ 95,000
Axiom Bank, N.A.
258 SOUTHHALL LN SUITE 400
MAITLAND, FL 32751
* $ 631,518,000 1 $ 85,000
River Valley Agcredit
P O BOX 309
PADUCAH, KY 42001
* $ -1,000 1 $ 115,000
Truity Federal Credit Union
501 S JOHNSTONE
BARTLESVILLE, OK 74003
* $ 805,001,000 1 $ 145,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ -1,000 1 $ 165,000
Draper and Kramer Mortgage Corp.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ -1,000 1 $ 305,000
Carrollton Bank

SAINT LOUIS, MO 63132
* $ 1,637,595,000 1 $ 85,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ -1,000 1 $ 455,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ -1,000 1 $ 115,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ -1,000 1 $ 155,000
Evolve Bank & Trust
6000 POPLAR AVENUE SUITE 300
MEMPHIS, TN 38119
* $ 473,202,000 1 $ 45,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ -1,000 1 $ 125,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ 35,267,496,000 1 $ 205,000
First National Bank of Middle Tennessee
200 E MAIN ST
MCMINNVILLE, TN 37110
* $ 506,792,000 1 $ 75,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ -1,000 1 $ 135,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 187,387,000 1 $ 85,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 65,000
Mid-Continent Funding, Inc.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ -1,000 1 $ 85,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 65,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 3,538,467,000 1 $ 285,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 11,226,544,000 1 $ 155,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ -1,000 1 $ 85,000
Volunteer Bank
101 HIGHWAY 52 W
PORTLAND, TN 37148
* $ 696,286,000 1 $ 65,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ 429,797,000 1 $ 135,000

The tables below break down 2019 mortgage applications in Henry 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 Henry County, TN in 2019

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 605 $76,355,000 $126,000 $725,000 $80,000 $675,000
Refinancing 239 $32,155,000 $134,000 $505,000 $79,000 $404,000
Cash-out Refinancing 170 $20,320,000 $119,000 $345,000 $54,000 $154,000
Other Purpose 88 $5,050,000 $57,000 $205,000 $59,000 $170,000
Home Improvement 60 $2,850,000 $47,000 $255,000 $60,000 $165,000
Not Applicable 10 $1,160,000 $116,000 $205,000 $84,000 $161,000

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 921 $107,895,000 $117,000 $725,000 $74,000 $675,000
Not Provided 126 $16,320,000 $129,000 $395,000 $77,000 $442,000
Not applicable 74 $8,990,000 $121,000 $325,000 $66,000 $185,000
Black or African American 33 $2,885,000 $87,000 $235,000 $45,000 $188,000
American Indian or Alaskan Native 10 $920,000 $92,000 $225,000 $40,000 $57,000
Hispanic 6 $630,000 $105,000 $205,000 $80,000 $230,000
Native Hawaiian or Other Pacific Islander 1 $65,000 $65,000 $65,000 $36,000 $36,000
Asian 1 $185,000 $185,000 $185,000 $95,000 $95,000

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) 791 $88,135,000 $111,000 $725,000 $82,000 $675,000
VA-guaranteed (Veterans Administration) 167 $26,375,000 $157,000 $475,000 $60,000 $214,000
FHA-insured (Federal Housing Administration) 152 $16,850,000 $110,000 $295,000 $44,000 $128,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 62 $6,530,000 $105,000 $225,000 $44,000 $81,000

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 647 $78,195,000 $120,000 $725,000 $82,000 $675,000
Application Denied By Financial Institution 213 $20,095,000 $94,000 $505,000 $52,000 $220,000
Application Withdrawn By Applicant 128 $15,950,000 $124,000 $465,000 $68,000 $298,000
Loan Purchased By The Institution 113 $16,015,000 $141,000 $325,000 $80,000 $239,000
File Closed For Incompleteness 49 $5,405,000 $110,000 $345,000 $46,000 $119,000
Application Approved But Not Accepted 22 $2,230,000 $101,000 $285,000 $98,000 $470,000
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
Not applicable 769 $97,815,000 $127,000 $485,000 $75,000 $675,000
Debt-To-Income Ratio 268 $27,660,000 $103,000 $725,000 $78,000 $618,000
Credit History 57 $4,205,000 $73,000 $275,000 $46,000 $117,000
Collateral 29 $2,755,000 $95,000 $225,000 $61,000 $149,000
Other 17 $2,125,000 $125,000 $265,000 $54,000 $134,000
Credit Application Incomplete 14 $1,750,000 $125,000 $255,000 $66,000 $138,000
Unverifiable Information 13 $1,105,000 $85,000 $275,000 $53,000 $170,000
Insufficient Cash (Downpayment, Closing Cost) 4 $390,000 $97,000 $145,000 $34,000 $40,000
Employment History 1 $85,000 $85,000 $85,000 $38,000 $38,000
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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