First South Financial Federally Insured State-Chartered Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
First South Financial Federally Insured State-Chartered Credit Union 2022 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 South Financial Federally Insured State-Chartered Credit Union 6471 Stage Rd, Ste 101 Bartlett, TN 38134 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 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 | 805 |
| Total Mortgage Loan Application Amount | $114,045,000 |
| Average Mortgage Loan Application Amount | $131,666 |
| Highest Mortgage Loan Application Amount | $1,005,000 |
| Average Applicant Income | $99,000 |
| Highest Applicant Income | $2,224,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 with First South Financial Federally Insured State-Chartered Credit Union. 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 South Financial Federally Insured State-Chartered Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2022 breaks down First South Financial Federally Insured State-Chartered Credit Union'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 South Financial Federally Insured State-Chartered Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by First South Financial Federally Insured State-Chartered Credit Union, 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 South Financial Federally Insured State-Chartered Credit Union's mortgage activity for 2022.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Shelby County Tennessee | 327 | $ 46,165,000 | $ 141,000 | $ 121,000 |
| DeSoto County Mississippi | 68 | $ 10,870,000 | $ 159,000 | $ 100,000 |
| Tipton County Tennessee | 37 | $ 3,025,000 | $ 81,000 | $ 100,000 |
| Hinds County Mississippi | 22 | $ 4,660,000 | $ 211,000 | $ 116,000 |
| Dyer County Tennessee | 21 | $ 2,145,000 | $ 102,000 | $ 72,000 |
| Fayette County Tennessee | 16 | $ 2,180,000 | $ 136,000 | $ 113,000 |
| Davidson County Tennessee | 13 | $ 2,315,000 | $ 178,000 | $ 206,000 |
| Tate County Mississippi | 8 | $ 900,000 | $ 112,000 | $ 83,000 |
| Gibson County Tennessee | 8 | $ 1,680,000 | $ 210,000 | $ 102,000 |
| Madison County Tennessee | 8 | $ 750,000 | $ 93,000 | $ 132,000 |
| Marshall County Mississippi | 7 | $ 925,000 | $ 132,000 | $ 78,000 |
| Madison County Mississippi | 5 | $ 1,845,000 | $ 369,000 | $ 113,000 |
| McNairy County Tennessee | 4 | $ 620,000 | $ 155,000 | $ 68,000 |
| Williamson County Tennessee | 4 | $ 720,000 | $ 180,000 | $ 144,000 |
| Pulaski County Arkansas | 3 | $ 245,000 | $ 81,000 | $ 83,000 |
| Rankin County Mississippi | 3 | $ 765,000 | $ 255,000 | $ 115,000 |
| Henderson County Tennessee | 3 | $ 665,000 | $ 221,000 | $ 95,000 |
| Rutherford County Tennessee | 3 | $ 1,115,000 | $ 371,000 | $ 140,000 |
| Craighead County Arkansas | 2 | $ 150,000 | $ 75,000 | $ 141,000 |
| Cook County Illinois | 2 | $ 370,000 | $ 185,000 | $ 145,000 |
| Warren County Kentucky | 2 | $ 370,000 | $ 185,000 | $ 198,000 |
| Hardeman County Tennessee | 2 | $ 290,000 | $ 145,000 | $ 59,000 |
| Hardin County Tennessee | 2 | $ 370,000 | $ 185,000 | $ 106,000 |
| Haywood County Tennessee | 2 | $ 120,000 | $ 60,000 | $ 34,000 |
| Sevier County Tennessee | 2 | $ 580,000 | $ 290,000 | $ 201,000 |
| Sumner County Tennessee | 2 | $ 490,000 | $ 245,000 | $ 81,000 |
| Pima County Arizona | 1 | $ 55,000 | $ 55,000 | $ 84,000 |
| Poinsett County Arkansas | 1 | $ 55,000 | $ 55,000 | $ 116,000 |
| St. Francis County Arkansas | 1 | $ 65,000 | $ 65,000 | $ 36,000 |
| Hillsborough County Florida | 1 | $ 645,000 | $ 645,000 | $ 155,000 |
| Simpson County Kentucky | 1 | $ 205,000 | $ 205,000 | $ 138,000 |
| Orleans County Louisiana | 1 | $ 155,000 | $ 155,000 | $ 156,000 |
| Benton County Mississippi | 1 | $ 175,000 | $ 175,000 | $ 155,000 |
| Copiah County Mississippi | 1 | $ 85,000 | $ 85,000 | $ 72,000 |
| Forrest County Mississippi | 1 | $ 155,000 | $ 155,000 | $ 162,000 |
| Itawamba County Mississippi | 1 | $ 135,000 | $ 135,000 | $ 123,000 |
| Leflore County Mississippi | 1 | $ 25,000 | $ 25,000 | $ 76,000 |
| Oktibbeha County Mississippi | 1 | $ 145,000 | $ 145,000 | $ 114,000 |
| Panola County Mississippi | 1 | $ 15,000 | $ 15,000 | $ 62,000 |
| Smith County Mississippi | 1 | $ 415,000 | $ 415,000 | $ 144,000 |
| Carroll County Tennessee | 1 | $ 95,000 | $ 95,000 | $ 103,000 |
| Cheatham County Tennessee | 1 | $ 365,000 | $ 365,000 | $ 177,000 |
| Chester County Tennessee | 1 | $ 25,000 | $ 25,000 | $ 92,000 |
| Franklin County Tennessee | 1 | $ 215,000 | $ 215,000 | $ 87,000 |
| Lake County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 262,000 |
| Lauderdale County Tennessee | 1 | $ 65,000 | $ 65,000 | $ 40,000 |
| Maury County Tennessee | 1 | $ 325,000 | $ 325,000 | $ 81,000 |
| Obion County Tennessee | 1 | $ 65,000 | $ 65,000 | $ 50,000 |
| Polk County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 88,000 |
| Weakley County Tennessee | 1 | $ 25,000 | $ 25,000 | $ 53,000 |
Mortgage Loan Application Detail Totals for First South Financial Federally Insured State-Chartered Credit Union in 2022
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 Improvement | 248 | $23,450,000 | $94,000 | $605,000 | $117,000 | $722,000 |
| Home Purchase | 222 | $50,480,000 | $227,000 | $645,000 | $102,000 | $649,000 |
| Other Purpose | 198 | $20,120,000 | $101,000 | $1,005,000 | $118,000 | $2,224,000 |
| Refinancing | 73 | $12,835,000 | $175,000 | $445,000 | $100,000 | $485,000 |
| Cash-out Refinancing | 49 | $6,135,000 | $125,000 | $325,000 | $83,000 | $310,000 |
| Not Applicable | 15 | $1,025,000 | $68,000 | $205,000 | $74,000 | $360,000 |
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 | 365 | $57,105,000 | $156,000 | $1,005,000 | $120,000 | $2,224,000 |
| Not Provided | 234 | $28,570,000 | $122,000 | $905,000 | $112,000 | $1,004,000 |
| Black or African American | 145 | $18,225,000 | $125,000 | $605,000 | $71,000 | $272,000 |
| Not applicable | 30 | $2,510,000 | $83,000 | $305,000 | $88,000 | $272,000 |
| Asian | 16 | $5,230,000 | $326,000 | $625,000 | $151,000 | $250,000 |
| American Indian or Alaskan Native | 6 | $1,300,000 | $216,000 | $415,000 | $190,000 | $485,000 |
| Hispanic | 3 | $635,000 | $211,000 | $385,000 | $65,000 | $79,000 |
| 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) | 777 | $106,805,000 | $137,000 | $1,005,000 | $110,000 | $2,224,000 |
| FHA-insured (Federal Housing Administration) | 20 | $4,910,000 | $245,000 | $465,000 | $83,000 | $207,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 4 | $790,000 | $197,000 | $355,000 | $65,000 | $102,000 |
| VA-guaranteed (Veterans Administration) | 4 | $1,540,000 | $385,000 | $645,000 | $134,000 | $190,000 |
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 | 445 | $64,555,000 | $145,000 | $1,005,000 | $126,000 | $2,224,000 |
| Application Denied By Financial Institution | 191 | $19,975,000 | $104,000 | $905,000 | $68,000 | $288,000 |
| Application Withdrawn By Applicant | 120 | $23,420,000 | $195,000 | $645,000 | $108,000 | $661,000 |
| File Closed For Incompleteness | 32 | $3,900,000 | $121,000 | $405,000 | $117,000 | $1,004,000 |
| Application Approved But Not Accepted | 16 | $2,060,000 | $128,000 | $285,000 | $116,000 | $215,000 |
| Preapproval Denied by Financial Institution | 1 | $135,000 | $135,000 | $135,000 | $24,000 | $24,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 541 | $56,365,000 | $104,000 | $1,005,000 | $108,000 | $2,224,000 |
| Not applicable | 264 | $57,680,000 | $218,000 | $645,000 | $110,000 | $485,000 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First South Financial Federally Insured State-Chartered Credit Union's 2022 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 South Financial Federally Insured State-Chartered Credit Union'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.