F&M Bank Mortgage Lending & HMDA Data, 2024
In 2024, F&M Bank of Clarksville, TN reported 823 mortgage applications totaling $254.2 million, down 47% from 2023. The average application was for $308,876, and applicants reported an average income of $270,815. 73% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Nashville-Davidson--Murfreesboro--Franklin, TN (480), Clarksville, TN-KY (271) and Louisville/Jefferson County, KY-IN (6) (applications in parentheses).
| Mortgage Company & Address | F&M Bank 50 Franklin St Clarksville, TN 37040 Tel #: available with data download |
| Federal Regulator | * available with data download |
| 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 | 823 |
| Total Mortgage Loan Application Amount | $254,205,000 |
| Average Mortgage Loan Application Amount | $308,876 |
| Highest Mortgage Loan Application Amount | $9,405,000 |
| Average Applicant Income | $270,815 |
| Highest Applicant Income | $9,443,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records F&M Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Montgomery, Tennessee | 193 | $ 77,915,000 | $ 403,704 | $ 291,000 |
| Davidson, Tennessee | 147 | $ 59,895,000 | $ 407,448 | $ 249,000 |
| Robertson, Tennessee | 84 | $ 14,280,000 | $ 170,000 | $ 195,000 |
| Stewart, Tennessee | 67 | $ 12,075,000 | $ 180,223 | $ 120,000 |
| Sumner, Tennessee | 66 | $ 17,270,000 | $ 261,666 | $ 252,000 |
| Williamson, Tennessee | 64 | $ 23,950,000 | $ 374,218 | $ 300,000 |
| Rutherford, Tennessee | 37 | $ 6,545,000 | $ 176,891 | $ 266,000 |
| Wilson, Tennessee | 35 | $ 8,325,000 | $ 237,857 | $ 164,000 |
| Cheatham, Tennessee | 18 | $ 4,940,000 | $ 274,444 | $ 313,000 |
| Putnam, Tennessee | 17 | $ 3,135,000 | $ 184,411 | $ 114,000 |
| Dickson, Tennessee | 16 | $ 1,400,000 | $ 87,500 | $ 120,000 |
| Christian, Kentucky | 8 | $ 820,000 | $ 102,500 | $ 283,000 |
| Maury, Tennessee | 5 | $ 1,205,000 | $ 241,000 | $ 249,000 |
| Oldham, Kentucky | 4 | $ 370,000 | $ 92,500 | $ 187,000 |
| Warren, Kentucky | 4 | $ 3,140,000 | $ 785,000 | $ 341,000 |
| Todd, Kentucky | 3 | $ 405,000 | $ 135,000 | $ 749,000 |
| Trigg, Kentucky | 3 | $ 125,000 | $ 41,666 | $ 44,000 |
| Bedford, Tennessee | 3 | $ 575,000 | $ 191,666 | $ 98,000 |
| Coffee, Tennessee | 3 | $ 705,000 | $ 235,000 | $ 99,000 |
| Hamilton, Tennessee | 3 | $ 2,115,000 | $ 705,000 | $ 476,000 |
| Houston, Tennessee | 3 | $ 335,000 | $ 111,666 | $ 89,000 |
| Okaloosa, Florida | 2 | $ 3,460,000 | $ 1,730,000 | $ 9,443,000 |
| Calloway, Kentucky | 2 | $ 360,000 | $ 180,000 | $ 498,000 |
| Logan, Kentucky | 2 | $ 1,020,000 | $ 510,000 | $ 158,000 |
| Cannon, Tennessee | 2 | $ 90,000 | $ 45,000 | $ 105,000 |
| Marshall, Tennessee | 2 | $ 210,000 | $ 105,000 | $ 63,000 |
| Overton, Tennessee | 2 | $ 1,160,000 | $ 580,000 | $ 0 |
| Sevier, Tennessee | 2 | $ 630,000 | $ 315,000 | $ 808,000 |
| Smith, Tennessee | 2 | $ 190,000 | $ 95,000 | $ 88,000 |
| Trousdale, Tennessee | 2 | $ 510,000 | $ 255,000 | $ 104,000 |
| White, Tennessee | 2 | $ 90,000 | $ 45,000 | $ 80,000 |
| Maricopa, Arizona | 1 | $ 3,445,000 | $ 3,445,000 | $ 4,057,000 |
| Bay, Florida | 1 | $ 205,000 | $ 205,000 | $ 669,000 |
| Miami-Dade, Florida | 1 | $ 445,000 | $ 445,000 | $ 1,805,000 |
| Bullitt, Kentucky | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Hopkins, Kentucky | 1 | $ 55,000 | $ 55,000 | $ 61,000 |
| Jefferson, Kentucky | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Marshall, Kentucky | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Simpson, Kentucky | 1 | $ 955,000 | $ 955,000 | $ 0 |
| Benton, Tennessee | 1 | $ 275,000 | $ 275,000 | $ 45,000 |
| Carroll, Tennessee | 1 | $ 185,000 | $ 185,000 | $ 90,000 |
| Cumberland, Tennessee | 1 | $ 35,000 | $ 35,000 | $ 91,000 |
| DeKalb, Tennessee | 1 | $ 75,000 | $ 75,000 | $ 56,000 |
| Franklin, Tennessee | 1 | $ 55,000 | $ 55,000 | $ 123,000 |
| Giles, Tennessee | 1 | $ 105,000 | $ 105,000 | $ 152,000 |
| Hickman, Tennessee | 1 | $ 75,000 | $ 75,000 | $ 65,000 |
| Humphreys, Tennessee | 1 | $ 55,000 | $ 55,000 | $ 177,000 |
| Jackson, Tennessee | 1 | $ 15,000 | $ 15,000 | $ 55,000 |
| Lawrence, Tennessee | 1 | $ 35,000 | $ 35,000 | $ 42,000 |
| Macon, Tennessee | 1 | $ 55,000 | $ 55,000 | $ 67,000 |
| Marion, Tennessee | 1 | $ 265,000 | $ 265,000 | $ 77,000 |
Mortgage Loan Application Detail Totals for F&M Bank in 2024
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 |
|---|---|---|---|---|---|---|
| Other Purpose | 370 | $69,160,000 | $186,000 | $3,445,000 | $232,000 | $9,443,000 |
| Refinancing | 201 | $51,435,000 | $255,000 | $4,485,000 | $211,000 | $1,784,000 |
| Home Purchase | 191 | $126,535,000 | $662,000 | $9,405,000 | $437,000 | $4,455,000 |
| Home Improvement | 61 | $7,075,000 | $115,000 | $1,095,000 | $183,000 | $3,575,000 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 680 | $168,850,000 | $248,000 | $4,485,000 | $251,000 | $9,443,000 |
| Not applicable | 64 | $66,520,000 | $1,039,000 | $9,405,000 | $0 | $0 |
| Black or African American | 31 | $5,795,000 | $186,000 | $615,000 | $209,000 | $958,000 |
| Hispanic | 19 | $3,565,000 | $187,000 | $755,000 | $269,000 | $1,805,000 |
| Asian | 16 | $5,480,000 | $342,000 | $2,125,000 | $626,000 | $1,657,000 |
| Not Provided | 12 | $3,890,000 | $324,000 | $1,095,000 | $260,000 | $544,000 |
| American Indian or Alaskan Native | 1 | $105,000 | $105,000 | $105,000 | $36,000 | $36,000 |
| 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) | 823 | $254,205,000 | $308,000 | $9,405,000 | $257,000 | $9,443,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 | 602 | $180,530,000 | $299,000 | $9,405,000 | $279,000 | $9,443,000 |
| Application Denied By Financial Institution | 128 | $27,570,000 | $215,000 | $2,125,000 | $142,000 | $1,805,000 |
| Application Approved But Not Accepted | 48 | $23,510,000 | $489,000 | $5,325,000 | $290,000 | $1,603,000 |
| Application Withdrawn By Applicant | 41 | $21,215,000 | $517,000 | $3,115,000 | $252,000 | $617,000 |
| File Closed For Incompleteness | 4 | $1,380,000 | $345,000 | $1,095,000 | $228,000 | $423,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 695 | $226,635,000 | $326,000 | $9,405,000 | $279,000 | $9,443,000 |
| Debt-To-Income Ratio | 75 | $11,885,000 | $158,000 | $1,305,000 | $127,000 | $732,000 |
| Credit History | 16 | $1,590,000 | $99,000 | $305,000 | $116,000 | $366,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 14 | $5,610,000 | $400,000 | $2,125,000 | $120,000 | $238,000 |
| Collateral | 11 | $1,675,000 | $152,000 | $405,000 | $125,000 | $320,000 |
| Credit Application Incomplete | 4 | $3,220,000 | $805,000 | $1,005,000 | $101,000 | $101,000 |
| Other | 4 | $1,540,000 | $385,000 | $555,000 | $699,000 | $1,805,000 |
| Unverifiable Information | 2 | $280,000 | $140,000 | $155,000 | $40,000 | $55,000 |
| Employment History | 2 | $1,770,000 | $885,000 | $1,015,000 | $380,000 | $384,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into F&M Bank's 2024 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 F&M Bank'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.
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with aggregated HMDA statistics today.
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