Fortefi, LLC Mortgage Lending & HMDA Data, 2023

In 2023, Fortefi, LLC of Clarksville, TN reported 16 mortgage applications totaling $6.3 million, up 7% from 2022. The average application was for $395,625, and applicants reported an average income of $244,625. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Nashville-Davidson--Murfreesboro--Franklin, TN (7) and Clarksville, TN-KY (6).

Mortgage Company & Address Fortefi, LLC
2050 Lowes Dr
Clarksville, TN 37040
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  
Total Number of Mortgage Applications 16
Total Mortgage Loan Application Amount $6,330,000
Average Mortgage Loan Application Amount $395,625
Highest Mortgage Loan Application Amount $1,245,000
Average Applicant Income $244,625
Highest Applicant Income $794,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Fortefi, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Fortefi, LLC by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Davidson, Tennessee 5 $ 3,175,000 $ 635,000 $ 378,000
Montgomery, Tennessee 4 $ 1,040,000 $ 260,000 $ 106,000
Christian, Kentucky 1 $ 325,000 $ 325,000 $ 197,000
Hopkins, Kentucky 1 $ 365,000 $ 365,000 $ 171,000
Trigg, Kentucky 1 $ 145,000 $ 145,000 $ 53,000
Cheatham, Tennessee 1 $ 355,000 $ 355,000 $ 109,000
Marshall, Tennessee 1 $ 165,000 $ 165,000 $ 128,000
Putnam, Tennessee 1 $ 315,000 $ 315,000 $ 794,000
Robertson, Tennessee 1 $ 445,000 $ 445,000 $ 147,000

Mortgage Loan Application Detail Totals for Fortefi, LLC 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 13 $5,365,000 $412,000 $1,245,000 $254,000 $794,000
Cash-out Refinancing 3 $965,000 $321,000 $325,000 $204,000 $323,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Refinancing 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 12 $4,820,000 $401,000 $1,245,000 $227,000 $794,000
Asian 2 $1,020,000 $510,000 $705,000 $481,000 $639,000
Black or African American 1 $165,000 $165,000 $165,000 $128,000 $128,000
Hispanic 1 $325,000 $325,000 $325,000 $92,000 $92,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 11 $4,625,000 $420,000 $1,245,000 $286,000 $794,000
VA-guaranteed (Veterans Administration) 5 $1,705,000 $341,000 $445,000 $152,000 $197,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

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 16 $6,330,000 $395,000 $1,245,000 $244,000 $794,000
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
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 16 $6,330,000 $395,000 $1,245,000 $244,000 $794,000
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
Debt-To-Income Ratio 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 Fortefi, LLC'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 Fortefi, LLC'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.
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