Franklin Bank & Trust Company Mortgage Lending & HMDA Data, 2020
In 2020, Franklin Bank & Trust Company of Franklin, KY reported 170 mortgage applications totaling $39.7 million, up 57% from 2019. The average application was for $233,647, and applicants reported an average income of $134,266. 88% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Bowling Green, KY (76), Crestview-Fort Walton Beach-Destin, FL (5) and Nashville-Davidson--Murfreesboro--Franklin, TN (2) (applications in parentheses).
| Mortgage Company & Address | Franklin Bank & Trust Company P.O. Box 449 Franklin, KY 42134 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 |
| Total Number of Mortgage Applications | 170 |
| Total Mortgage Loan Application Amount | $39,720,000 |
| Average Mortgage Loan Application Amount | $233,647 |
| Highest Mortgage Loan Application Amount | $2,825,000 |
| Average Applicant Income | $134,266 |
| Highest Applicant Income | $1,328,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Franklin Bank & Trust Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Simpson, Kentucky | 74 | $ 12,500,000 | $ 168,918 | $ 98,000 |
| Warren, Kentucky | 72 | $ 19,420,000 | $ 269,722 | $ 161,000 |
| Walton, Florida | 5 | $ 2,935,000 | $ 587,000 | $ 455,000 |
| Barren, Kentucky | 4 | $ 740,000 | $ 185,000 | $ 163,000 |
| Logan, Kentucky | 4 | $ 2,020,000 | $ 505,000 | $ 96,000 |
| Allen, Kentucky | 3 | $ 935,000 | $ 311,666 | $ 157,000 |
| Clay, Tennessee | 2 | $ 90,000 | $ 45,000 | $ 23,000 |
| Robertson, Tennessee | 2 | $ 320,000 | $ 160,000 | $ 98,000 |
| Bay, Florida | 1 | $ 335,000 | $ 335,000 | $ 0 |
| Edmonson, Kentucky | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Hart, Kentucky | 1 | $ 25,000 | $ 25,000 | $ 43,000 |
| Mecklenburg, North Carolina | 1 | $ 145,000 | $ 145,000 | $ 0 |
Mortgage Loan Application Detail Totals for Franklin Bank & Trust Company in 2020
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 | 107 | $21,405,000 | $200,000 | $1,125,000 | $147,000 | $1,328,000 |
| Refinancing | 60 | $18,150,000 | $302,000 | $2,825,000 | $115,000 | $727,000 |
| Other Purpose | 2 | $110,000 | $55,000 | $85,000 | $31,000 | $43,000 |
| Home Improvement | 1 | $55,000 | $55,000 | $55,000 | $0 | $0 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 91 | $17,155,000 | $188,000 | $1,205,000 | $140,000 | $1,328,000 |
| Not applicable | 68 | $21,040,000 | $309,000 | $2,825,000 | $0 | $0 |
| Black or African American | 5 | $595,000 | $119,000 | $155,000 | $73,000 | $149,000 |
| Hispanic | 3 | $315,000 | $105,000 | $125,000 | $64,000 | $130,000 |
| Not Provided | 2 | $530,000 | $265,000 | $285,000 | $79,000 | $93,000 |
| Asian | 1 | $85,000 | $85,000 | $85,000 | $45,000 | $45,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 168 | $39,450,000 | $234,000 | $2,825,000 | $133,000 | $1,328,000 |
| FHA-insured (Federal Housing Administration) | 1 | $135,000 | $135,000 | $135,000 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $135,000 | $135,000 | $135,000 | $30,000 | $30,000 |
| VA-guaranteed (Veterans Administration) | 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 | 149 | $36,535,000 | $245,000 | $2,825,000 | $149,000 | $1,328,000 |
| Application Denied By Financial Institution | 12 | $1,780,000 | $148,000 | $345,000 | $53,000 | $174,000 |
| Application Withdrawn By Applicant | 7 | $1,015,000 | $145,000 | $285,000 | $69,000 | $124,000 |
| File Closed For Incompleteness | 1 | $185,000 | $185,000 | $185,000 | $106,000 | $106,000 |
| Application Approved But Not Accepted | 1 | $205,000 | $205,000 | $205,000 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 170 | $39,720,000 | $233,000 | $2,825,000 | $131,000 | $1,328,000 |
| 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Franklin Bank & Trust Company's 2020 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 Franklin Bank & Trust Company'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 Kentucky, 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