Franklin Synergy Bank
Mortgage Loan Application
Totals and Details
for 2018

Find mortgage loan statistics, lending data, and loan application totals for Tennessee.
The mortgage statistics and data below are specific to mortgage loan applications for Franklin Synergy Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.

Mortgage Company & Address Franklin Synergy Bank
722 Columbia Avenue
Franklin, TN 37064
Tel #: available with data download
Federal Regulator * available with data download
Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  
Total Number of Mortgage Applications 1,667
Total Mortgage Loan Application Amount $626,105,000
Average Mortgage Loan Application Amount $346,400
Highest Mortgage Loan Application Amount $6,505,000
Average Applicant Income $384,800
Highest Applicant Income $8,596,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in TN, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Franklin Synergy Bank by Metropolitan Area in 2018

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 1,509 $ 563,815,000 $ 373,000 $ 181,000
NA (OUTSIDE OF MSA/MD) 67 $ 15,895,000 $ 279,833 $ 303,500
LOS ANGELES-LONG BEACH-GLENDALE, CA 15 $ 16,205,000 $ 1,080,000 $ 1,856,000
CLARKSVILLE, TN-KY 12 $ 2,380,000 $ 198,000 $ 200,000
CHATTANOOGA, TN-GA 11 $ 1,945,000 $ 176,000 $ 161,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 6 $ 3,070,000 $ 511,000 $ 266,000
MEMPHIS, TN-MS-AR 6 $ 1,370,000 $ 228,000 $ 122,000
MIAMI-MIAMI BEACH-KENDALL, FL 6 $ 5,630,000 $ 938,000 $ 1,864,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 4 $ 1,360,000 $ 340,000 $ 770,000
SPARTANBURG, SC 3 $ 4,155,000 $ 1,385,000 $ 0
DALLAS-PLANO-IRVING, TX 2 $ 480,000 $ 240,000 $ 515,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 2 $ 1,870,000 $ 935,000 $ 4,535,000
KNOXVILLE, TN 2 $ 600,000 $ 300,000 $ 179,000
NORTH PORT-SARASOTA-BRADENTON, FL 2 $ 1,310,000 $ 655,000 $ 585,000
AMARILLO, TX 1 $ 425,000 $ 425,000 $ 375,000
ANNISTON-OXFORD-JACKSONVILLE, AL 1 $ 165,000 $ 165,000 $ 61,000
AUSTIN-ROUND ROCK, TX 1 $ 615,000 $ 615,000 $ 448,000
BARNSTABLE TOWN, MA 1 $ 205,000 $ 205,000 $ 132,000
CINCINNATI, OH-KY-IN 1 $ 85,000 $ 85,000 $ 160,000
CLEVELAND-ELYRIA, OH 1 $ 295,000 $ 295,000 $ 0
DAPHNE-FAIRHOPE-FOLEY, AL 1 $ 165,000 $ 165,000 $ 81,000
DUTCHESS COUNTY-PUTNAM COUNTY, NY 1 $ 485,000 $ 485,000 $ 1,000,000
GREENVILLE-ANDERSON-MAULDIN, SC 1 $ 325,000 $ 325,000 $ 94,000
HICKORY-LENOIR-MORGANTON, NC 1 $ 685,000 $ 685,000 $ 160,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 1 $ 185,000 $ 185,000 $ 122,000
HUNTSVILLE, AL 1 $ 95,000 $ 95,000 $ 32,000
JACKSON, TN 1 $ 355,000 $ 355,000 $ 204,000
JACKSONVILLE, FL 1 $ 405,000 $ 405,000 $ 215,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 1 $ 55,000 $ 55,000 $ 0
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 1 $ 215,000 $ 215,000 $ 305,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 1 $ 165,000 $ 165,000 $ 56,000
ORLANDO-KISSIMMEE-SANFORD, FL 1 $ 375,000 $ 375,000 $ 370,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 1 $ 415,000 $ 415,000 $ 157,000
SAVANNAH, GA 1 $ 305,000 $ 305,000 $ 265,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Tennessee, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Franklin Synergy 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 1,269 $486,765,000 $383,000 $6,505,000 $206,000 $8,596,000
Refinancing 195 $74,715,000 $383,000 $3,195,000 $238,000 $3,606,000
Cash-out Refinancing 164 $51,930,000 $316,000 $1,725,000 $135,000 $1,000,000
Home Improvement 20 $6,720,000 $336,000 $1,195,000 $1,123,000 $3,606,000
Other Purpose 19 $5,975,000 $314,000 $905,000 $222,000 $925,000
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 1,181 $418,655,000 $354,000 $3,195,000 $213,000 $8,596,000
Not Provided 183 $68,475,000 $374,000 $1,625,000 $194,000 $1,677,000
Not applicable 181 $97,865,000 $540,000 $6,505,000 $0 $0
Black or African American 45 $17,545,000 $389,000 $1,975,000 $409,000 $4,000,000
Asian 43 $13,525,000 $314,000 $805,000 $124,000 $345,000
Hispanic 28 $8,190,000 $292,000 $835,000 $124,000 $722,000
American Indian or Alaskan Native 3 $795,000 $265,000 $385,000 $117,000 $209,000
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) 1,468 $570,640,000 $388,000 $6,505,000 $231,000 $8,596,000
FHA-insured (Federal Housing Administration) 122 $34,070,000 $279,000 $465,000 $88,000 $242,000
VA-guaranteed (Veterans Administration) 61 $18,555,000 $304,000 $765,000 $99,000 $315,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 16 $2,840,000 $177,000 $295,000 $56,000 $94,000

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 1,265 $463,435,000 $366,000 $3,365,000 $209,000 $8,596,000
Application Withdrawn By Applicant 183 $79,505,000 $434,000 $6,505,000 $271,000 $4,000,000
Application Approved But Not Accepted 129 $56,295,000 $436,000 $3,105,000 $237,000 $3,606,000
Application Denied By Financial Institution 89 $26,745,000 $300,000 $1,405,000 $88,000 $426,000
File Closed For Incompleteness 1 $125,000 $125,000 $125,000 $41,000 $41,000
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
Not applicable 1,578 $599,360,000 $379,000 $6,505,000 $219,000 $8,596,000
Debt-To-Income Ratio 44 $13,330,000 $302,000 $1,405,000 $64,000 $206,000
Credit History 28 $8,270,000 $295,000 $715,000 $123,000 $426,000
Collateral 10 $2,760,000 $276,000 $765,000 $82,000 $152,000
Other 3 $1,365,000 $455,000 $905,000 $125,000 $228,000
Unverifiable Information 2 $480,000 $240,000 $365,000 $154,000 $154,000
Employment History 1 $285,000 $285,000 $285,000 $57,000 $57,000
Insufficient Cash (Downpayment, Closing Cost) 1 $255,000 $255,000 $255,000 $47,000 $47,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in TN, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Tennessee, and search similar information at your convenience.

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