First American Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2008
First American Bank 2008 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | First American Bank 301 Fayetteville Street, Suite 1200 Raleigh, NC 27601 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 1,443 |
| Total Mortgage Loan Application Amount | $292,082,000 |
| Average Mortgage Loan Application Amount | $154,666 |
| Highest Mortgage Loan Application Amount | $6,125,000 |
| Average Applicant Income | $102,000 |
| Highest Applicant Income | $6,776,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2008 with First American Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing First American Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2008 breaks down First American Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how First American Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by First American Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at First American Bank's mortgage activity for 2008.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Jefferson County Alabama | 309 | $ 84,357,000 | $ 273,000 | $ 157,000 |
| Madison County Alabama | 293 | $ 63,224,000 | $ 215,000 | $ 106,000 |
| Morgan County Alabama | 169 | $ 22,269,000 | $ 131,000 | $ 89,000 |
| Lee County Alabama | 123 | $ 28,285,000 | $ 229,000 | $ 153,000 |
| Limestone County Alabama | 98 | $ 15,553,000 | $ 158,000 | $ 78,000 |
| Shelby County Alabama | 87 | $ 18,396,000 | $ 211,000 | $ 117,000 |
| Tallapoosa County Alabama | 55 | $ 4,869,000 | $ 88,000 | $ 69,000 |
| Talladega County Alabama | 39 | $ 3,514,000 | $ 90,000 | $ 63,000 |
| St. Clair County Alabama | 32 | $ 4,778,000 | $ 149,000 | $ 69,000 |
| Clay County Alabama | 20 | $ 1,353,000 | $ 67,000 | $ 73,000 |
| Baldwin County Alabama | 19 | $ 3,949,000 | $ 207,000 | $ 256,000 |
| Lawrence County Alabama | 18 | $ 1,867,000 | $ 103,000 | $ 61,000 |
| Chambers County Alabama | 11 | $ 1,929,000 | $ 175,000 | $ 67,000 |
| Marshall County Alabama | 9 | $ 5,036,000 | $ 559,000 | $ 112,000 |
| Escambia County Florida | 8 | $ 918,000 | $ 114,000 | $ 45,000 |
| Osceola County Florida | 8 | $ 1,273,000 | $ 159,000 | $ 68,000 |
| Lincoln County Tennessee | 8 | $ 777,000 | $ 97,000 | $ 53,000 |
| Cullman County Alabama | 7 | $ 4,686,000 | $ 669,000 | $ 536,000 |
| Alachua County Florida | 7 | $ 1,381,000 | $ 197,000 | $ 87,000 |
| Santa Rosa County Florida | 7 | $ 1,160,000 | $ 165,000 | $ 67,000 |
| Volusia County Florida | 7 | $ 1,042,000 | $ 148,000 | $ 89,000 |
| Lauderdale County Alabama | 6 | $ 1,120,000 | $ 186,000 | $ 145,000 |
| Macon County Alabama | 5 | $ 236,000 | $ 47,000 | $ 51,000 |
| Lake County Florida | 5 | $ 926,000 | $ 185,000 | $ 57,000 |
| Blount County Alabama | 4 | $ 669,000 | $ 167,000 | $ 43,000 |
| Mobile County Alabama | 4 | $ 590,000 | $ 147,000 | $ 62,000 |
| Tuscaloosa County Alabama | 4 | $ 606,000 | $ 151,000 | $ 101,000 |
| Paulding County Georgia | 4 | $ 919,000 | $ 229,000 | $ 87,000 |
| Calhoun County Alabama | 3 | $ 1,204,000 | $ 401,000 | $ 20,000 |
| Chilton County Alabama | 3 | $ 530,000 | $ 176,000 | $ 63,000 |
| Escambia County Alabama | 3 | $ 383,000 | $ 127,000 | $ 62,000 |
| Montgomery County Alabama | 3 | $ 477,000 | $ 159,000 | $ 97,000 |
| Winston County Alabama | 3 | $ 395,000 | $ 131,000 | $ 86,000 |
| Clay County Florida | 3 | $ 567,000 | $ 189,000 | $ 56,000 |
| Giles County Tennessee | 3 | $ 175,000 | $ 58,000 | $ 37,000 |
| Bibb County Alabama | 2 | $ 268,000 | $ 134,000 | $ 82,000 |
| Conecuh County Alabama | 2 | $ 216,000 | $ 108,000 | $ 26,000 |
| Elmore County Alabama | 2 | $ 1,146,000 | $ 573,000 | $ 458,000 |
| Etowah County Alabama | 2 | $ 381,000 | $ 190,000 | $ 58,000 |
| Randolph County Alabama | 2 | $ 51,000 | $ 25,000 | $ 49,000 |
| Bay County Florida | 2 | $ 393,000 | $ 196,000 | $ 148,000 |
| Brevard County Florida | 2 | $ 324,000 | $ 162,000 | $ 87,000 |
| Flagler County Florida | 2 | $ 251,000 | $ 125,000 | $ 88,000 |
| Okaloosa County Florida | 2 | $ 1,446,000 | $ 723,000 | $ 240,000 |
| Cobb County Georgia | 2 | $ 272,000 | $ 136,000 | $ 70,000 |
| Shelby County Tennessee | 2 | $ 365,000 | $ 182,000 | $ 63,000 |
| Autauga County Alabama | 1 | $ 102,000 | $ 102,000 | $ 98,000 |
| Butler County Alabama | 1 | $ 33,000 | $ 33,000 | $ 36,000 |
| Hale County Alabama | 1 | $ 208,000 | $ 208,000 | $ 228,000 |
| Marion County Alabama | 1 | $ 108,000 | $ 108,000 | $ 95,000 |
| Pike County Alabama | 1 | $ 117,000 | $ 117,000 | $ 36,000 |
| Russell County Alabama | 1 | $ 5,000 | $ 5,000 | $ 85,000 |
| Walker County Alabama | 1 | $ 144,000 | $ 144,000 | $ 59,000 |
| Pulaski County Arkansas | 1 | $ 285,000 | $ 285,000 | $ 122,000 |
| Dixie County Florida | 1 | $ 200,000 | $ 200,000 | $ 146,000 |
| Hillsborough County Florida | 1 | $ 226,000 | $ 226,000 | $ 125,000 |
| Indian River County Florida | 1 | $ 66,000 | $ 66,000 | $ 89,000 |
| Lee County Florida | 1 | $ 325,000 | $ 325,000 | $ 368,000 |
| Orange County Florida | 1 | $ 186,000 | $ 186,000 | $ 84,000 |
| Polk County Florida | 1 | $ 150,000 | $ 150,000 | $ 42,000 |
| St. Johns County Florida | 1 | $ 417,000 | $ 417,000 | $ 669,000 |
| Sumter County Florida | 1 | $ 90,000 | $ 90,000 | $ 28,000 |
| Taylor County Florida | 1 | $ 156,000 | $ 156,000 | $ 27,000 |
| Walton County Florida | 1 | $ 1,403,000 | $ 1,403,000 | $ 110,000 |
| Douglas County Georgia | 1 | $ 186,000 | $ 186,000 | $ 66,000 |
| Fannin County Georgia | 1 | $ 150,000 | $ 150,000 | $ 136,000 |
| Fayette County Georgia | 1 | $ 266,000 | $ 266,000 | $ 97,000 |
| Muscogee County Georgia | 1 | $ 72,000 | $ 72,000 | $ 55,000 |
| Washington County Kentucky | 1 | $ 240,000 | $ 240,000 | $ 396,000 |
| Harrison County Mississippi | 1 | $ 300,000 | $ 300,000 | $ 361,000 |
| Lafayette County Mississippi | 1 | $ 334,000 | $ 334,000 | $ 308,000 |
| Macon County North Carolina | 1 | $ 533,000 | $ 533,000 | $ 215,000 |
| Mecklenburg County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 38,000 |
| Aiken County South Carolina | 1 | $ 100,000 | $ 100,000 | $ 79,000 |
| Davidson County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 62,000 |
| Lawrence County Tennessee | 1 | $ 45,000 | $ 45,000 | $ 100,000 |
| Marshall County Tennessee | 1 | $ 186,000 | $ 186,000 | $ 182,000 |
| Montgomery County Tennessee | 1 | $ 100,000 | $ 100,000 | $ 63,000 |
| Tipton County Tennessee | 1 | $ 148,000 | $ 148,000 | $ 38,000 |
| Williamson County Tennessee | 1 | $ 315,000 | $ 315,000 | $ 321,000 |
Mortgage Loan Application Detail Totals for First American Bank in 2008
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 | 723 | $144,924,000 | $200,000 | $5,275,000 | $110,000 | $6,776,000 |
| Refinancing | 634 | $143,819,000 | $226,000 | $6,125,000 | $130,000 | $4,000,000 |
| Home Improvement | 86 | $3,339,000 | $38,000 | $397,000 | $66,000 | $945,000 |
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 | 1,199 | $232,959,000 | $194,000 | $4,025,000 | $128,000 | $6,776,000 |
| Black or African American | 130 | $20,359,000 | $156,000 | $1,300,000 | $71,000 | $1,000,000 |
| Not applicable | 66 | $31,540,000 | $477,000 | $6,125,000 | $0 | $0 |
| Hispanic | 20 | $3,744,000 | $187,000 | $683,000 | $108,000 | $416,000 |
| Asian | 12 | $1,582,000 | $131,000 | $255,000 | $88,000 | $306,000 |
| Not Provided | 12 | $1,234,000 | $102,000 | $231,000 | $82,000 | $172,000 |
| American Indian or Alaskan Native | 2 | $170,000 | $85,000 | $90,000 | $45,000 | $62,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $494,000 | $247,000 | $371,000 | $68,000 | $96,000 |
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) | 1,225 | $260,882,000 | $212,000 | $6,125,000 | $126,000 | $6,776,000 |
| FHA-insured (Federal Housing Administration) | 171 | $22,022,000 | $128,000 | $271,000 | $53,000 | $155,000 |
| VA-guaranteed (Veterans Administration) | 35 | $7,609,000 | $217,000 | $410,000 | $86,000 | $222,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 12 | $1,569,000 | $130,000 | $184,000 | $42,000 | $59,000 |
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 | 1,270 | $260,960,000 | $205,000 | $6,125,000 | $121,000 | $6,776,000 |
| Application Denied By Financial Institution | 93 | $12,653,000 | $136,000 | $922,000 | $56,000 | $202,000 |
| Application Withdrawn By Applicant | 55 | $11,723,000 | $213,000 | $750,000 | $96,000 | $317,000 |
| Application Approved But Not Accepted | 18 | $5,599,000 | $311,000 | $1,403,000 | $117,000 | $368,000 |
| File Closed For Incompleteness | 7 | $1,147,000 | $163,000 | $200,000 | $77,000 | $101,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 49 | $6,163,000 | $125,000 | $922,000 | $57,000 | $172,000 |
| Debt-To-Income Ratio | 20 | $2,564,000 | $128,000 | $279,000 | $37,000 | $96,000 |
| Other | 10 | $2,274,000 | $227,000 | $661,000 | $89,000 | $202,000 |
| Collateral | 6 | $1,004,000 | $167,000 | $229,000 | $70,000 | $137,000 |
| Employment History | 4 | $360,000 | $90,000 | $175,000 | $36,000 | $60,000 |
| Unverifiable Information | 3 | $222,000 | $74,000 | $141,000 | $43,000 | $50,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $66,000 | $66,000 | $66,000 | $89,000 | $89,000 |
| 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 First American Bank's 2008 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 First American 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 North Carolina, download the full spreadsheet
with aggregated HMDA statistics today.