Churchill Mortgage Corporation Mortgage Lending & HMDA Data, 2004

In 2004, Churchill Mortgage Corporation of Brentwood, TN reported 1,089 mortgage applications totaling $144.3 million. The average application was for $132,488, and applicants reported an average income of $65,772. 87% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Nashville-Davidson--Murfreesboro, TN (492), Memphis, TN-MS-AR (40) and Louisville, KY-IN (34) (applications in parentheses).

Mortgage Company & Address Churchill Mortgage Corporation
761 Old Hickory Blvd, Suite 400
Brentwood, TN 37027
Tel #: available with data download
Federal Regulator * available with data download
Years 2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 1,089
Total Mortgage Loan Application Amount $144,280,000
Average Mortgage Loan Application Amount $132,488
Highest Mortgage Loan Application Amount $750,000
Average Applicant Income $65,772
Highest Applicant Income $500,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Churchill Mortgage Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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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Mortgage Loan Application Detail Totals for Churchill Mortgage Corporation in 2004

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 740 $95,161,000 $126,545 $750,000 $69,454 $500,000
Home Purchase 342 $48,246,000 $130,750 $405,000 $67,875 $350,000
Home Improvement 7 $873,000 $112,500 $304,000 $59,000 $151,000

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 707 $93,005,000 $118,100 $750,000 $70,600 $500,000
Not Provided 341 $45,926,000 $134,200 $490,000 $66,600 $350,000
Black or African American 33 $4,420,000 $121,285 $299,000 $56,428 $115,000
Hispanic 4 $492,000 $110,000 $159,000 $47,500 $70,000
Asian 2 $160,000 $80,000 $86,000 $69,000 $110,000
American Indian or Alaskan Native 1 $152,000 $152,000 $152,000 $60,000 $60,000
Native Hawaiian or Other Pacific Islander 1 $125,000 $125,000 $125,000 $59,000 $59,000
Not applicable 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) 980 $130,901,000 $128,307 $750,000 $68,692 $500,000
FHA-insured (Federal Housing Administration) 78 $9,362,000 $97,500 $236,000 $50,000 $112,000
VA-guaranteed (Veterans Administration) 31 $4,017,000 $129,000 $224,000 $52,000 $95,000
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 952 $127,151,000 $128,846 $490,000 $68,923 $500,000
Application Withdrawn By Applicant 136 $17,061,000 $113,714 $750,000 $63,857 $350,000
Application Denied By Financial Institution 1 $68,000 $68,000 $68,000 $44,000 $44,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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
Collateral 1 $68,000 $68,000 $68,000 $44,000 $44,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Churchill Mortgage Corporation's 2004 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 Churchill Mortgage Corporation'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.

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