F&M Bank Mortgage Lending & HMDA Data, 2018
In 2018, F&M Bank of Clarksville, TN reported 2,952 mortgage applications totaling $733.4 million, down 13% from 2017. The average application was for $248,448, and applicants reported an average income of $116,855. 81% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Nashville-Davidson--Murfreesboro--Franklin, TN (1,900), Clarksville, TN-KY (807) and Knoxville, TN (10) (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 | 2,952 |
| Total Mortgage Loan Application Amount | $733,420,000 |
| Average Mortgage Loan Application Amount | $248,448 |
| Highest Mortgage Loan Application Amount | $8,005,000 |
| Average Applicant Income | $116,855 |
| Highest Applicant Income | $4,755,000 |
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Disclosure Act (HMDA) records F&M Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for F&M Bank in 2018
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 | 2,485 | $627,015,000 | $252,000 | $8,005,000 | $107,000 | $3,268,000 |
| Refinancing | 231 | $53,605,000 | $232,000 | $1,385,000 | $225,000 | $4,755,000 |
| Cash-out Refinancing | 201 | $46,215,000 | $229,000 | $845,000 | $110,000 | $665,000 |
| Home Improvement | 24 | $5,490,000 | $228,000 | $1,405,000 | $157,000 | $439,000 |
| Not Applicable | 10 | $990,000 | $99,000 | $115,000 | $0 | $0 |
| Other Purpose | 1 | $105,000 | $105,000 | $105,000 | $41,000 | $41,000 |
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 | 2,362 | $573,610,000 | $242,000 | $1,405,000 | $116,000 | $3,268,000 |
| Black or African American | 209 | $46,385,000 | $221,000 | $1,025,000 | $90,000 | $825,000 |
| Not Provided | 154 | $40,780,000 | $264,000 | $785,000 | $121,000 | $632,000 |
| Hispanic | 78 | $17,480,000 | $224,000 | $455,000 | $123,000 | $3,404,000 |
| Asian | 73 | $17,095,000 | $234,000 | $1,015,000 | $168,000 | $4,755,000 |
| Not applicable | 55 | $33,075,000 | $601,000 | $8,005,000 | $0 | $0 |
| American Indian or Alaskan Native | 11 | $2,615,000 | $237,000 | $475,000 | $98,000 | $255,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $545,000 | $545,000 | $545,000 | $139,000 | $139,000 |
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) | 1,922 | $500,310,000 | $260,000 | $8,005,000 | $140,000 | $4,755,000 |
| FHA-insured (Federal Housing Administration) | 494 | $103,270,000 | $209,000 | $505,000 | $65,000 | $500,000 |
| VA-guaranteed (Veterans Administration) | 484 | $120,000,000 | $247,000 | $895,000 | $84,000 | $720,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 52 | $9,840,000 | $189,000 | $285,000 | $55,000 | $84,000 |
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 | 2,399 | $589,015,000 | $245,000 | $5,005,000 | $119,000 | $4,755,000 |
| Application Withdrawn By Applicant | 388 | $110,610,000 | $285,000 | $8,005,000 | $96,000 | $900,000 |
| Application Denied By Financial Institution | 118 | $23,360,000 | $197,000 | $1,445,000 | $72,000 | $372,000 |
| Application Approved But Not Accepted | 31 | $6,915,000 | $223,000 | $1,285,000 | $343,000 | $2,541,000 |
| Loan Purchased By The Institution | 10 | $990,000 | $99,000 | $115,000 | $0 | $0 |
| File Closed For Incompleteness | 6 | $2,530,000 | $421,000 | $1,405,000 | $171,000 | $439,000 |
| 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 | 2,834 | $710,060,000 | $250,000 | $8,005,000 | $118,000 | $4,755,000 |
| Debt-To-Income Ratio | 41 | $8,485,000 | $206,000 | $425,000 | $68,000 | $238,000 |
| Credit History | 34 | $5,890,000 | $173,000 | $595,000 | $75,000 | $372,000 |
| Collateral | 16 | $2,570,000 | $160,000 | $425,000 | $86,000 | $221,000 |
| Other | 10 | $1,950,000 | $195,000 | $275,000 | $57,000 | $85,000 |
| Unverifiable Information | 6 | $1,320,000 | $220,000 | $455,000 | $87,000 | $137,000 |
| Employment History | 6 | $930,000 | $155,000 | $245,000 | $64,000 | $111,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $2,215,000 | $443,000 | $1,445,000 | $67,000 | $120,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into F&M Bank's 2018 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