F&M Bank Mortgage Lending & HMDA Data, 2013

In 2013, F&M Bank of Clarksville, TN reported 4,430 mortgage applications totaling $870.0 million, up 7% from 2012. The average application was for $196,383, and applicants reported an average income of $90,548. 70% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Nashville-Davidson--Murfreesboro--Franklin, TN (3,152), Clarksville, TN-KY (844) and Jackson, MS (32) (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 4,430
Total Mortgage Loan Application Amount $869,979,000
Average Mortgage Loan Application Amount $196,383
Highest Mortgage Loan Application Amount $4,628,000
Average Applicant Income $90,548
Highest Applicant Income $2,146,000

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Disclosure Act (HMDA) records F&M Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for F&M Bank by Metropolitan Area in 2013

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Nashville-Davidson--Murfreesboro--Franklin, TN 3,152 $ 648,998,000 $ 205,900 $ 90,000
Clarksville, TN-KY 844 $ 147,226,000 $ 174,438 $ 96,577
Jackson, MS 32 $ 5,028,000 $ 157,125 $ 70,000
Chattanooga, TN-GA 16 $ 3,959,000 $ 247,437 $ 168,000
Atlanta-Sandy Springs-Marietta, GA 13 $ 3,435,000 $ 264,230 $ 98,000
Knoxville, TN 12 $ 1,737,000 $ 144,750 $ 94,000
Memphis, TN-MS-AR 6 $ 1,423,000 $ 237,166 $ 315,333
Huntsville, AL 5 $ 983,000 $ 196,600 $ 141,000
Little Rock-North Little Rock-Conway, AR 5 $ 1,009,000 $ 201,800 $ 60,000
Tampa-St. Petersburg-Clearwater, FL 3 $ 751,000 $ 250,333 $ 294,000
Birmingham-Hoover, AL 2 $ 530,000 $ 265,000 $ 66,000
Cleveland, TN 2 $ 345,000 $ 172,500 $ 40,000
Denver-Aurora-Broomfield, CO 2 $ 563,000 $ 281,500 $ 107,000
Jackson, TN 2 $ 307,000 $ 153,500 $ 87,000
Johnson City, TN 2 $ 245,000 $ 122,500 $ 48,000
Montgomery, AL 2 $ 504,000 $ 252,000 $ 55,000
Raleigh-Cary, NC 2 $ 484,000 $ 242,000 $ 71,000
Ann Arbor, MI 1 $ 400,000 $ 400,000 $ 360,000
Asheville, NC 1 $ 166,000 $ 166,000 $ 112,000
Auburn-Opelika, AL 1 $ 250,000 $ 250,000 $ 0
Augusta-Richmond County, GA-SC 1 $ 177,000 $ 177,000 $ 0
Bend, OR 1 $ 187,000 $ 187,000 $ 130,000
Burlington, NC 1 $ 174,000 $ 174,000 $ 111,000
Charlotte-Gastonia-Rock Hill, NC-SC 1 $ 635,000 $ 635,000 $ 72,000
Chicago-Joliet-Naperville, IL 1 $ 278,000 $ 278,000 $ 117,000
Cincinnati-Middletown, OH-KY-IN 1 $ 157,000 $ 157,000 $ 56,000
Cleveland-Elyria-Mentor, OH 1 $ 140,000 $ 140,000 $ 70,000
Colorado Springs, CO 1 $ 152,000 $ 152,000 $ 0
Deltona-Daytona Beach-Ormond Beach, FL 1 $ 200,000 $ 200,000 $ 72,000
Hinesville-Fort Stewart, GA 1 $ 48,000 $ 48,000 $ 97,000
Honolulu, HI 1 $ 244,000 $ 244,000 $ 0
Jacksonville, FL 1 $ 227,000 $ 227,000 $ 0
Jonesboro, AR 1 $ 195,000 $ 195,000 $ 50,000
Kalamazoo-Portage, MI 1 $ 52,000 $ 52,000 $ 178,000
Kingsport-Bristol-Bristol, TN-VA 1 $ 147,000 $ 147,000 $ 63,000
Lafayette, IN 1 $ 79,000 $ 79,000 $ 30,000
Lakeland-Winter Haven, FL 1 $ 147,000 $ 147,000 $ 45,000
Las Vegas-Paradise, NV 1 $ 280,000 $ 280,000 $ 59,000
Lexington-Fayette, KY 1 $ 108,000 $ 108,000 $ 59,000
Louisville/Jefferson County, KY-IN 1 $ 224,000 $ 224,000 $ 77,000
Manchester-Nashua, NH 1 $ 162,000 $ 162,000 $ 34,000
Naples-Marco Island, FL 1 $ 504,000 $ 504,000 $ 907,000
New Orleans-Metairie-Kenner, LA 1 $ 170,000 $ 170,000 $ 40,000
New York-White Plains-Wayne, NY-NJ 1 $ 394,000 $ 394,000 $ 106,000
North Port-Bradenton-Sarasota, FL 1 $ 158,000 $ 158,000 $ 116,000
Orlando-Kissimmee-Sanford, FL 1 $ 89,000 $ 89,000 $ 27,000
Pascagoula, MS 1 $ 155,000 $ 155,000 $ 85,000
Pensacola-Ferry Pass-Brent, FL 1 $ 88,000 $ 88,000 $ 213,000
Richmond, VA 1 $ 339,000 $ 339,000 $ 135,000
Roanoke, VA 1 $ 115,000 $ 115,000 $ 64,000
Salt Lake City, UT 1 $ 542,000 $ 542,000 $ 111,000
Savannah, GA 1 $ 108,000 $ 108,000 $ 35,000
St. Louis, MO-IL 1 $ 198,000 $ 198,000 $ 118,000
State College, PA 1 $ 80,000 $ 80,000 $ 120,000
Tuscaloosa, AL 1 $ 355,000 $ 355,000 $ 148,000
Tyler, TX 1 $ 200,000 $ 200,000 $ 69,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 1 $ 360,000 $ 360,000 $ 141,000

Mortgage Loan Application Detail Totals for F&M Bank in 2013

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 2,782 $536,050,000 $192,000 $1,320,000 $84,000 $1,646,000
Refinancing 1,632 $331,417,000 $203,000 $4,628,000 $101,000 $2,146,000
Home Improvement 16 $2,512,000 $157,000 $784,000 $163,000 $568,000

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 3,624 $703,586,000 $194,000 $2,722,000 $92,000 $2,146,000
Not Provided 446 $93,959,000 $210,000 $1,000,000 $96,000 $1,380,000
Black or African American 152 $24,685,000 $162,000 $509,000 $59,000 $293,000
Hispanic 93 $17,887,000 $192,000 $417,000 $76,000 $550,000
Asian 64 $11,709,000 $182,000 $830,000 $89,000 $698,000
Not applicable 28 $13,670,000 $488,000 $4,628,000 $2,000 $64,000
American Indian or Alaskan Native 12 $2,394,000 $199,000 $492,000 $119,000 $600,000
Native Hawaiian or Other Pacific Islander 11 $2,089,000 $189,000 $310,000 $111,000 $619,000

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) 2,740 $580,325,000 $211,000 $4,628,000 $110,000 $2,146,000
FHA-insured (Federal Housing Administration) 899 $148,178,000 $164,000 $509,000 $61,000 $1,392,000
VA-guaranteed (Veterans Administration) 552 $110,016,000 $199,000 $635,000 $64,000 $393,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 239 $31,460,000 $131,000 $311,000 $42,000 $87,000

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 3,085 $615,810,000 $199,000 $4,628,000 $91,000 $2,146,000
Application Withdrawn By Applicant 890 $180,333,000 $202,000 $1,824,000 $98,000 $1,392,000
Application Denied By Financial Institution 413 $68,170,000 $165,000 $975,000 $69,000 $1,646,000
Application Approved But Not Accepted 42 $5,666,000 $134,000 $636,000 $112,000 $1,038,000
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
Credit History 162 $23,592,000 $145,000 $763,000 $53,000 $360,000
Debt-To-Income Ratio 100 $17,978,000 $179,000 $648,000 $56,000 $211,000
Collateral 84 $15,459,000 $184,000 $975,000 $89,000 $333,000
Other 30 $5,323,000 $177,000 $417,000 $155,000 $1,646,000
Employment History 17 $2,359,000 $138,000 $229,000 $43,000 $77,000
Insufficient Cash (Downpayment, Closing Cost) 13 $2,222,000 $170,000 $440,000 $67,000 $186,000
Unverifiable Information 6 $1,064,000 $177,000 $257,000 $77,000 $247,000
Mortgage Insurance Denied 1 $173,000 $173,000 $173,000 $81,000 $81,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into F&M Bank's 2013 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.
For a list of all lenders in Tennessee, download the full spreadsheet with aggregated HMDA statistics today.

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