Bank3
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Bank3 2022 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Bank3 766 S White Station Rd Ste 5 Memphis, TN 38119 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 |
| Total Number of Mortgage Applications | 273 |
| Total Mortgage Loan Application Amount | $74,045,000 |
| Average Mortgage Loan Application Amount | $207,000 |
| Highest Mortgage Loan Application Amount | $2,085,000 |
| Average Applicant Income | $174,800 |
| Highest Applicant Income | $1,563,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 with Bank3. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Bank3's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2022 breaks down Bank3's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Bank3 serves its applicants.
Each category highlights the total number of mortgage applications processed by Bank3, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Bank3's mortgage activity for 2022.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Shelby County Tennessee | 125 | $ 31,025,000 | $ 248,000 | $ 136,000 |
| Tipton County Tennessee | 25 | $ 6,825,000 | $ 273,000 | $ 101,000 |
| DeSoto County Mississippi | 13 | $ 4,615,000 | $ 355,000 | $ 183,000 |
| Fayette County Tennessee | 5 | $ 2,295,000 | $ 459,000 | $ 237,000 |
| Madison County Tennessee | 5 | $ 1,875,000 | $ 375,000 | $ 222,000 |
| Obion County Tennessee | 4 | $ 340,000 | $ 85,000 | $ 158,000 |
| Walton County Florida | 3 | $ 2,535,000 | $ 845,000 | $ 228,000 |
| Williamson County Tennessee | 3 | $ 2,675,000 | $ 891,000 | $ 245,000 |
| Crittenden County Arkansas | 2 | $ 490,000 | $ 245,000 | $ 135,000 |
| Decatur County Tennessee | 2 | $ 470,000 | $ 235,000 | $ 0 |
| Henderson County Tennessee | 2 | $ 2,120,000 | $ 1,060,000 | $ 90,000 |
| Baldwin County Alabama | 1 | $ 25,000 | $ 25,000 | $ 0 |
| Cleburne County Arkansas | 1 | $ 145,000 | $ 145,000 | $ 402,000 |
| Faulkner County Arkansas | 1 | $ 305,000 | $ 305,000 | $ 109,000 |
| Washington County Arkansas | 1 | $ 345,000 | $ 345,000 | $ 175,000 |
| Escambia County Florida | 1 | $ 305,000 | $ 305,000 | $ 102,000 |
| Flagler County Florida | 1 | $ 235,000 | $ 235,000 | $ 195,000 |
| Lee County Florida | 1 | $ 305,000 | $ 305,000 | $ 170,000 |
| Okaloosa County Florida | 1 | $ 995,000 | $ 995,000 | $ 1,563,000 |
| Bibb County Georgia | 1 | $ 45,000 | $ 45,000 | $ 43,000 |
| Fulton County Kentucky | 1 | $ 35,000 | $ 35,000 | $ 36,000 |
| Benton County Mississippi | 1 | $ 155,000 | $ 155,000 | $ 200,000 |
| Lafayette County Mississippi | 1 | $ 145,000 | $ 145,000 | $ 263,000 |
| Tishomingo County Mississippi | 1 | $ 135,000 | $ 135,000 | $ 19,000 |
| Carroll County Tennessee | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Dyer County Tennessee | 1 | $ 135,000 | $ 135,000 | $ 85,000 |
| Hamilton County Tennessee | 1 | $ 365,000 | $ 365,000 | $ 94,000 |
| Weakley County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 48,000 |
| Navarro County Texas | 1 | $ 765,000 | $ 765,000 | $ 0 |
| Tarrant County Texas | 1 | $ 285,000 | $ 285,000 | $ 155,000 |
Mortgage Loan Application Detail Totals for Bank3 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 | 208 | $59,520,000 | $286,000 | $2,085,000 | $107,000 | $673,000 |
| Cash-out Refinancing | 28 | $7,280,000 | $260,000 | $755,000 | $169,000 | $646,000 |
| Refinancing | 22 | $5,080,000 | $230,000 | $785,000 | $134,000 | $681,000 |
| Other Purpose | 12 | $1,850,000 | $154,000 | $995,000 | $307,000 | $1,563,000 |
| Home Improvement | 3 | $315,000 | $105,000 | $165,000 | $157,000 | $171,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $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 | 157 | $43,015,000 | $273,000 | $1,365,000 | $163,000 | $1,563,000 |
| Black or African American | 83 | $15,025,000 | $181,000 | $345,000 | $52,000 | $105,000 |
| Not applicable | 14 | $8,760,000 | $625,000 | $2,085,000 | $0 | $0 |
| Asian | 6 | $3,970,000 | $661,000 | $1,125,000 | $205,000 | $356,000 |
| Hispanic | 5 | $1,365,000 | $273,000 | $365,000 | $87,000 | $128,000 |
| Not Provided | 4 | $750,000 | $187,000 | $355,000 | $98,000 | $163,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $620,000 | $310,000 | $485,000 | $115,000 | $191,000 |
| American Indian or Alaskan Native | 2 | $540,000 | $270,000 | $285,000 | $75,000 | $92,000 |
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) | 258 | $69,010,000 | $267,000 | $2,085,000 | $126,000 | $1,563,000 |
| FHA-insured (Federal Housing Administration) | 9 | $2,405,000 | $267,000 | $425,000 | $76,000 | $123,000 |
| VA-guaranteed (Veterans Administration) | 6 | $2,630,000 | $438,000 | $595,000 | $125,000 | $323,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 182 | $54,700,000 | $300,000 | $2,085,000 | $155,000 | $1,563,000 |
| Preapproval Denied by Financial Institution | 42 | $8,920,000 | $212,000 | $1,125,000 | $43,000 | $105,000 |
| Preapproval Approved but not Accepted | 23 | $4,765,000 | $207,000 | $445,000 | $65,000 | $126,000 |
| Application Approved But Not Accepted | 8 | $1,330,000 | $166,000 | $305,000 | $96,000 | $180,000 |
| Application Denied By Financial Institution | 8 | $1,940,000 | $242,000 | $895,000 | $128,000 | $673,000 |
| Application Withdrawn By Applicant | 8 | $2,260,000 | $282,000 | $755,000 | $91,000 | $231,000 |
| Loan Purchased By The Institution | 2 | $130,000 | $65,000 | $65,000 | $0 | $0 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 273 | $74,045,000 | $271,000 | $2,085,000 | $124,000 | $1,563,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Bank3's 2022 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Bank3's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Tennessee, download the full spreadsheet
with aggregated HMDA statistics today.