F&M Bank Mortgage Lending & HMDA Data, 2023
In 2023, F&M Bank of Clarksville, TN reported 1,548 mortgage applications totaling $485.9 million, down 42% from 2022. The average application was for $313,869, and applicants reported an average income of $213,066. 77% of its applications resulted in an originated loan and 12% were denied. Its largest markets were Nashville-Davidson--Murfreesboro--Franklin, TN (739), Clarksville, TN-KY (651) and Jackson, TN (9) (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 | 1,548 |
| Total Mortgage Loan Application Amount | $485,870,000 |
| Average Mortgage Loan Application Amount | $313,869 |
| Highest Mortgage Loan Application Amount | $11,005,000 |
| Average Applicant Income | $213,066 |
| Highest Applicant Income | $9,488,000 |
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Disclosure Act (HMDA) records F&M Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| 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 | 739 | $ 242,585,000 | $ 328,261 | $ 205,000 |
| Clarksville, TN-KY | 651 | $ 190,445,000 | $ 292,542 | $ 231,244 |
| Outside any metro area | 111 | $ 29,045,000 | $ 261,666 | $ 169,927 |
| Jackson, TN | 9 | $ 1,975,000 | $ 219,444 | $ 76,000 |
| Chattanooga, TN-GA | 7 | $ 3,655,000 | $ 522,142 | $ 316,571 |
| Bowling Green, KY | 4 | $ 2,530,000 | $ 632,500 | $ 185,000 |
| Atlanta-Sandy Springs-Roswell, GA | 2 | $ 900,000 | $ 450,000 | $ 189,000 |
| Crestview-Fort Walton Beach-Destin, FL | 2 | $ 2,840,000 | $ 1,420,000 | $ 949,000 |
| Billings, MT | 1 | $ 175,000 | $ 175,000 | $ 91,000 |
| Charlotte-Concord-Gastonia, NC-SC | 1 | $ 375,000 | $ 375,000 | $ 143,000 |
| Dallas-Plano-Irving, TX | 1 | $ 485,000 | $ 485,000 | $ 184,000 |
| Des Moines-West Des Moines, IA | 1 | $ 165,000 | $ 165,000 | $ 126,000 |
| Dubuque, IA | 1 | $ 435,000 | $ 435,000 | $ 92,000 |
| Elizabethtown-Fort Knox, KY | 1 | $ 435,000 | $ 435,000 | $ 0 |
| Evansville, IN-KY | 1 | $ 4,305,000 | $ 4,305,000 | $ 0 |
| Flint, MI | 1 | $ 325,000 | $ 325,000 | $ 111,000 |
| Fort Worth-Arlington, TX | 1 | $ 315,000 | $ 315,000 | $ 120,000 |
| Greensboro-High Point, NC | 1 | $ 345,000 | $ 345,000 | $ 170,000 |
| Gulfport-Biloxi-Pascagoula, MS | 1 | $ 325,000 | $ 325,000 | $ 73,000 |
| Kalamazoo-Portage, MI | 1 | $ 235,000 | $ 235,000 | $ 66,000 |
| Killeen-Temple, TX | 1 | $ 205,000 | $ 205,000 | $ 87,000 |
| Knoxville, TN | 1 | $ 265,000 | $ 265,000 | $ 215,000 |
| Louisville/Jefferson County, KY-IN | 1 | $ 615,000 | $ 615,000 | $ 254,000 |
| Macon-Bibb County, GA | 1 | $ 155,000 | $ 155,000 | $ 62,000 |
| Memphis, TN-MS-AR | 1 | $ 265,000 | $ 265,000 | $ 60,000 |
| New Bern, NC | 1 | $ 265,000 | $ 265,000 | $ 105,000 |
| Orlando-Kissimmee-Sanford, FL | 1 | $ 555,000 | $ 555,000 | $ 201,000 |
| Panama City, FL | 1 | $ 905,000 | $ 905,000 | $ 200,000 |
| Pensacola-Ferry Pass-Brent, FL | 1 | $ 335,000 | $ 335,000 | $ 242,000 |
| Savannah, GA | 1 | $ 345,000 | $ 345,000 | $ 173,000 |
| St. Louis, MO-IL | 1 | $ 65,000 | $ 65,000 | $ 200,000 |
Mortgage Loan Application Detail Totals for F&M Bank in 2023
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 | 811 | $314,485,000 | $387,000 | $6,705,000 | $194,000 | $9,488,000 |
| Other Purpose | 402 | $64,480,000 | $160,000 | $2,175,000 | $224,000 | $8,150,000 |
| Refinancing | 243 | $90,175,000 | $371,000 | $11,005,000 | $279,000 | $3,082,000 |
| Home Improvement | 64 | $8,850,000 | $138,000 | $845,000 | $165,000 | $831,000 |
| Cash-out Refinancing | 28 | $7,880,000 | $281,000 | $725,000 | $146,000 | $767,000 |
| 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 | 1,222 | $353,770,000 | $289,000 | $11,005,000 | $221,000 | $9,488,000 |
| Not applicable | 98 | $65,630,000 | $669,000 | $6,705,000 | $0 | $0 |
| Black or African American | 76 | $20,620,000 | $271,000 | $655,000 | $128,000 | $1,221,000 |
| Not Provided | 69 | $19,535,000 | $283,000 | $725,000 | $122,000 | $491,000 |
| Hispanic | 45 | $11,815,000 | $262,000 | $675,000 | $144,000 | $986,000 |
| Asian | 30 | $12,040,000 | $401,000 | $2,835,000 | $365,000 | $1,595,000 |
| American Indian or Alaskan Native | 3 | $1,415,000 | $471,000 | $815,000 | $595,000 | $1,567,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $430,000 | $215,000 | $255,000 | $213,000 | $346,000 |
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) | 1,240 | $387,610,000 | $312,000 | $11,005,000 | $245,000 | $9,488,000 |
| VA-guaranteed (Veterans Administration) | 180 | $59,640,000 | $331,000 | $905,000 | $98,000 | $308,000 |
| FHA-insured (Federal Housing Administration) | 125 | $38,055,000 | $304,000 | $905,000 | $92,000 | $470,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $565,000 | $188,000 | $255,000 | $57,000 | $92,000 |
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 | 1,190 | $377,550,000 | $317,000 | $11,005,000 | $228,000 | $9,488,000 |
| Application Denied By Financial Institution | 179 | $51,945,000 | $290,000 | $2,835,000 | $138,000 | $1,041,000 |
| Application Withdrawn By Applicant | 119 | $38,735,000 | $325,000 | $1,695,000 | $157,000 | $986,000 |
| Application Approved But Not Accepted | 56 | $16,120,000 | $287,000 | $1,765,000 | $273,000 | $2,006,000 |
| Loan Purchased By The Institution | 2 | $520,000 | $260,000 | $375,000 | $0 | $0 |
| Preapproval Approved but not Accepted | 1 | $485,000 | $485,000 | $485,000 | $117,000 | $117,000 |
| File Closed For Incompleteness | 1 | $515,000 | $515,000 | $515,000 | $196,000 | $196,000 |
| 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 | 1,369 | $433,925,000 | $316,000 | $11,005,000 | $223,000 | $9,488,000 |
| Debt-To-Income Ratio | 98 | $24,500,000 | $250,000 | $2,835,000 | $142,000 | $1,041,000 |
| Credit Application Incomplete | 27 | $11,335,000 | $419,000 | $945,000 | $134,000 | $396,000 |
| Credit History | 16 | $2,090,000 | $130,000 | $705,000 | $127,000 | $557,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 15 | $6,595,000 | $439,000 | $1,445,000 | $197,000 | $341,000 |
| Collateral | 9 | $1,365,000 | $151,000 | $405,000 | $115,000 | $312,000 |
| Other | 6 | $4,610,000 | $768,000 | $2,325,000 | $69,000 | $69,000 |
| Unverifiable Information | 5 | $925,000 | $185,000 | $285,000 | $117,000 | $200,000 |
| Employment History | 3 | $525,000 | $175,000 | $315,000 | $45,000 | $68,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into F&M Bank's 2023 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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About