Independent Bank
Mortgage Loan Application
Totals and Details
for 2021

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 Independent 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 Independent Bank
5050 Poplar Avenue Ste 2100
Memphis, TN 38157
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,010
Total Mortgage Loan Application Amount $249,810,000
Average Mortgage Loan Application Amount $237,600
Highest Mortgage Loan Application Amount $1,345,000
Average Applicant Income $117,200
Highest Applicant Income $2,334,000

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 Independent Bank by County in 2021

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 438 $ 108,310,000 $ 247,000 $ 138,000
Hamilton County Tennessee 135 $ 32,655,000 $ 241,000 $ 119,000
DeSoto County Mississippi 51 $ 10,375,000 $ 203,000 $ 82,000
Fayette County Tennessee 19 $ 5,695,000 $ 299,000 $ 114,000
Catoosa County Georgia 18 $ 3,500,000 $ 194,000 $ 98,000
Jefferson County Alabama 14 $ 5,410,000 $ 386,000 $ 146,000
Walker County Georgia 14 $ 2,910,000 $ 207,000 $ 89,000
Jefferson County Kentucky 12 $ 2,520,000 $ 210,000 $ 120,000
Tipton County Tennessee 9 $ 1,915,000 $ 212,000 $ 84,000
Shelby County Alabama 7 $ 1,805,000 $ 257,000 $ 94,000
Bradley County Tennessee 7 $ 1,865,000 $ 266,000 $ 87,000
Madison County Tennessee 7 $ 1,865,000 $ 266,000 $ 104,000
Baldwin County Alabama 6 $ 1,240,000 $ 206,000 $ 119,000
Madison County Alabama 6 $ 1,710,000 $ 285,000 $ 134,000
St. Tammany County Louisiana 6 $ 1,340,000 $ 223,000 $ 136,000
Marion County Tennessee 6 $ 2,050,000 $ 341,000 $ 196,000
Fulton County Georgia 5 $ 1,555,000 $ 311,000 $ 118,000
Orleans County Louisiana 5 $ 1,175,000 $ 235,000 $ 114,000
Lafayette County Mississippi 5 $ 1,125,000 $ 225,000 $ 113,000
Madison County Mississippi 5 $ 1,295,000 $ 259,000 $ 117,000
Clark County Nevada 5 $ 1,255,000 $ 251,000 $ 206,000
Davidson County Tennessee 5 $ 2,755,000 $ 551,000 $ 137,000
Crittenden County Arkansas 4 $ 520,000 $ 130,000 $ 77,000
Boone County Kentucky 4 $ 940,000 $ 235,000 $ 101,000
Cleburne County Arkansas 3 $ 635,000 $ 211,000 $ 102,000
Sacramento County California 3 $ 565,000 $ 188,000 $ 484,000
Walton County Florida 3 $ 1,335,000 $ 445,000 $ 177,000
Dade County Georgia 3 $ 655,000 $ 218,000 $ 178,000
Campbell County Kentucky 3 $ 595,000 $ 198,000 $ 188,000
Kenton County Kentucky 3 $ 885,000 $ 295,000 $ 143,000
St. Charles County Louisiana 3 $ 675,000 $ 225,000 $ 219,000
Cumberland County Maine 3 $ 835,000 $ 278,000 $ 84,000
Tate County Mississippi 3 $ 665,000 $ 221,000 $ 94,000
Tishomingo County Mississippi 3 $ 325,000 $ 108,000 $ 58,000
St. Louis County Missouri 3 $ 925,000 $ 308,000 $ 399,000
Washoe County Nevada 3 $ 715,000 $ 238,000 $ 95,000
Wake County North Carolina 3 $ 705,000 $ 235,000 $ 102,000
Hardeman County Tennessee 3 $ 335,000 $ 111,000 $ 52,000
Knox County Tennessee 3 $ 875,000 $ 291,000 $ 125,000
Montgomery County Tennessee 3 $ 635,000 $ 211,000 $ 74,000
Chambers County Alabama 2 $ 330,000 $ 165,000 $ 88,000
Houston County Alabama 2 $ 460,000 $ 230,000 $ 115,000
Morgan County Alabama 2 $ 380,000 $ 190,000 $ 127,000
Tuscaloosa County Alabama 2 $ 340,000 $ 170,000 $ 66,000
Pulaski County Arkansas 2 $ 340,000 $ 170,000 $ 71,000
Van Buren County Arkansas 2 $ 140,000 $ 70,000 $ 139,000
Manatee County Florida 2 $ 530,000 $ 265,000 $ 116,000
Miami-Dade County Florida 2 $ 380,000 $ 190,000 $ 104,000
Palm Beach County Florida 2 $ 730,000 $ 365,000 $ 131,000
Pinellas County Florida 2 $ 400,000 $ 200,000 $ 143,000
Polk County Florida 2 $ 470,000 $ 235,000 $ 76,000
Chatham County Georgia 2 $ 230,000 $ 115,000 $ 47,000
Cobb County Georgia 2 $ 1,530,000 $ 765,000 $ 125,000
Whitfield County Georgia 2 $ 550,000 $ 275,000 $ 222,000
Tangipahoa County Louisiana 2 $ 350,000 $ 175,000 $ 51,000
Middlesex County Massachusetts 2 $ 520,000 $ 260,000 $ 89,000
Oktibbeha County Mississippi 2 $ 430,000 $ 215,000 $ 107,000
Durham County North Carolina 2 $ 420,000 $ 210,000 $ 244,000
Gaston County North Carolina 2 $ 530,000 $ 265,000 $ 84,000
Guilford County North Carolina 2 $ 950,000 $ 475,000 $ 296,000
New Hanover County North Carolina 2 $ 630,000 $ 315,000 $ 154,000
Gibson County Tennessee 2 $ 540,000 $ 270,000 $ 116,000
Polk County Tennessee 2 $ 490,000 $ 245,000 $ 78,000
Montgomery County Virginia 2 $ 370,000 $ 185,000 $ 117,000
Blount County Alabama 1 $ 225,000 $ 225,000 $ 29,000
Calhoun County Alabama 1 $ 225,000 $ 225,000 $ 117,000
Cleburne County Alabama 1 $ 205,000 $ 205,000 $ 75,000
Coffee County Alabama 1 $ 335,000 $ 335,000 $ 89,000
Cullman County Alabama 1 $ 245,000 $ 245,000 $ 113,000
Elmore County Alabama 1 $ 185,000 $ 185,000 $ 163,000
Lee County Alabama 1 $ 115,000 $ 115,000 $ 56,000
Limestone County Alabama 1 $ 205,000 $ 205,000 $ 100,000
Mobile County Alabama 1 $ 215,000 $ 215,000 $ 147,000
Montgomery County Alabama 1 $ 175,000 $ 175,000 $ 42,000
Russell County Alabama 1 $ 205,000 $ 205,000 $ 60,000
Talladega County Alabama 1 $ 275,000 $ 275,000 $ 459,000
Winston County Alabama 1 $ 285,000 $ 285,000 $ 87,000
Garland County Arkansas 1 $ 195,000 $ 195,000 $ 71,000
St. Francis County Arkansas 1 $ 45,000 $ 45,000 $ 35,000
Alameda County California 1 $ 825,000 $ 825,000 $ 374,000
Los Angeles County California 1 $ 325,000 $ 325,000 $ 123,000
Marin County California 1 $ 355,000 $ 355,000 $ 250,000
Placer County California 1 $ 255,000 $ 255,000 $ 131,000
Santa Barbara County California 1 $ 335,000 $ 335,000 $ 252,000
Sonoma County California 1 $ 345,000 $ 345,000 $ 250,000
Tulare County California 1 $ 625,000 $ 625,000 $ 101,000
Ventura County California 1 $ 405,000 $ 405,000 $ 167,000
Douglas County Colorado 1 $ 205,000 $ 205,000 $ 160,000
El Paso County Colorado 1 $ 275,000 $ 275,000 $ 215,000
Larimer County Colorado 1 $ 225,000 $ 225,000 $ 72,000
Park County Colorado 1 $ 185,000 $ 185,000 $ 100,000
District of Columbia County District Of Columbia 1 $ 365,000 $ 365,000 $ 98,000
Bay County Florida 1 $ 495,000 $ 495,000 $ 302,000
Collier County Florida 1 $ 185,000 $ 185,000 $ 850,000
Duval County Florida 1 $ 175,000 $ 175,000 $ 49,000
Escambia County Florida 1 $ 305,000 $ 305,000 $ 215,000
Lake County Florida 1 $ 175,000 $ 175,000 $ 43,000
Martin County Florida 1 $ 515,000 $ 515,000 $ 156,000
Okaloosa County Florida 1 $ 165,000 $ 165,000 $ 116,000
Orange County Florida 1 $ 175,000 $ 175,000 $ 60,000
St. Johns County Florida 1 $ 195,000 $ 195,000 $ 48,000
Volusia County Florida 1 $ 275,000 $ 275,000 $ 708,000
Chattooga County Georgia 1 $ 115,000 $ 115,000 $ 69,000
Clarke County Georgia 1 $ 235,000 $ 235,000 $ 70,000
DeKalb County Georgia 1 $ 495,000 $ 495,000 $ 159,000
Forsyth County Georgia 1 $ 435,000 $ 435,000 $ 65,000
Hawaii County Hawaii 1 $ 215,000 $ 215,000 $ 14,000
Ballard County Kentucky 1 $ 205,000 $ 205,000 $ 245,000
Calloway County Kentucky 1 $ 105,000 $ 105,000 $ 97,000
Fayette County Kentucky 1 $ 135,000 $ 135,000 $ 125,000
Franklin County Kentucky 1 $ 285,000 $ 285,000 $ 162,000
Hardin County Kentucky 1 $ 165,000 $ 165,000 $ 68,000
Jessamine County Kentucky 1 $ 305,000 $ 305,000 $ 60,000
Oldham County Kentucky 1 $ 185,000 $ 185,000 $ 88,000
Warren County Kentucky 1 $ 195,000 $ 195,000 $ 134,000
Acadia County Louisiana 1 $ 305,000 $ 305,000 $ 71,000
Ascension County Louisiana 1 $ 275,000 $ 275,000 $ 87,000
Caddo County Louisiana 1 $ 265,000 $ 265,000 $ 103,000
Calcasieu County Louisiana 1 $ 525,000 $ 525,000 $ 214,000
Catahoula County Louisiana 1 $ 265,000 $ 265,000 $ 140,000
East Baton Rouge County Louisiana 1 $ 215,000 $ 215,000 $ 164,000
Evangeline County Louisiana 1 $ 225,000 $ 225,000 $ 99,000
Jefferson County Louisiana 1 $ 305,000 $ 305,000 $ 108,000
Lafayette County Louisiana 1 $ 185,000 $ 185,000 $ 85,000
Lafourche County Louisiana 1 $ 185,000 $ 185,000 $ 163,000
Livingston County Louisiana 1 $ 205,000 $ 205,000 $ 94,000
Vermilion County Louisiana 1 $ 145,000 $ 145,000 $ 58,000
St. Mary's County Maryland 1 $ 325,000 $ 325,000 $ 348,000
Norfolk County Massachusetts 1 $ 215,000 $ 215,000 $ 92,000
Suffolk County Massachusetts 1 $ 325,000 $ 325,000 $ 321,000
Worcester County Massachusetts 1 $ 325,000 $ 325,000 $ 146,000
Ingham County Michigan 1 $ 345,000 $ 345,000 $ 122,000
Ottawa County Michigan 1 $ 305,000 $ 305,000 $ 96,000
Alcorn County Mississippi 1 $ 85,000 $ 85,000 $ 18,000
Bolivar County Mississippi 1 $ 185,000 $ 185,000 $ 83,000
Hancock County Mississippi 1 $ 175,000 $ 175,000 $ 92,000
Harrison County Mississippi 1 $ 75,000 $ 75,000 $ 81,000
Hinds County Mississippi 1 $ 185,000 $ 185,000 $ 113,000
Jackson County Mississippi 1 $ 205,000 $ 205,000 $ 79,000
Lee County Mississippi 1 $ 95,000 $ 95,000 $ 134,000
Leflore County Mississippi 1 $ 125,000 $ 125,000 $ 80,000
Marshall County Mississippi 1 $ 235,000 $ 235,000 $ 57,000
Panola County Mississippi 1 $ 135,000 $ 135,000 $ 32,000
Pike County Mississippi 1 $ 175,000 $ 175,000 $ 205,000
Pontotoc County Mississippi 1 $ 315,000 $ 315,000 $ 70,000
Rankin County Mississippi 1 $ 185,000 $ 185,000 $ 163,000
Tippah County Mississippi 1 $ 95,000 $ 95,000 $ 26,000
Clay County Missouri 1 $ 295,000 $ 295,000 $ 82,000
Sandoval County New Mexico 1 $ 355,000 $ 355,000 $ 142,000
Buncombe County North Carolina 1 $ 185,000 $ 185,000 $ 97,000
Burke County North Carolina 1 $ 155,000 $ 155,000 $ 36,000
Catawba County North Carolina 1 $ 205,000 $ 205,000 $ 190,000
Chatham County North Carolina 1 $ 535,000 $ 535,000 $ 118,000
Haywood County North Carolina 1 $ 275,000 $ 275,000 $ 104,000
Henderson County North Carolina 1 $ 195,000 $ 195,000 $ 25,000
Iredell County North Carolina 1 $ 315,000 $ 315,000 $ 120,000
Mecklenburg County North Carolina 1 $ 235,000 $ 235,000 $ 287,000
Onslow County North Carolina 1 $ 205,000 $ 205,000 $ 123,000
Orange County North Carolina 1 $ 185,000 $ 185,000 $ 132,000
Pender County North Carolina 1 $ 165,000 $ 165,000 $ 92,000
Yadkin County North Carolina 1 $ 185,000 $ 185,000 $ 48,000
Warren County Ohio 1 $ 265,000 $ 265,000 $ 132,000
Washington County Oregon 1 $ 195,000 $ 195,000 $ 152,000
Chester County Pennsylvania 1 $ 65,000 $ 65,000 $ 128,000
Minnehaha County South Dakota 1 $ 215,000 $ 215,000 $ 135,000
Franklin County Tennessee 1 $ 535,000 $ 535,000 $ 324,000
Hamblen County Tennessee 1 $ 95,000 $ 95,000 $ 137,000
Hardin County Tennessee 1 $ 105,000 $ 105,000 $ 112,000
McMinn County Tennessee 1 $ 235,000 $ 235,000 $ 111,000
Perry County Tennessee 1 $ 355,000 $ 355,000 $ 74,000
Rhea County Tennessee 1 $ 325,000 $ 325,000 $ 140,000
Robertson County Tennessee 1 $ 145,000 $ 145,000 $ 100,000
Sumner County Tennessee 1 $ 115,000 $ 115,000 $ 68,000
Dallas County Texas 1 $ 215,000 $ 215,000 $ 54,000
Travis County Texas 1 $ 275,000 $ 275,000 $ 97,000
Davis County Utah 1 $ 285,000 $ 285,000 $ 68,000
Summit County Utah 1 $ 785,000 $ 785,000 $ 1,030,000
Washington County Utah 1 $ 395,000 $ 395,000 $ 151,000
Fairfax County Virginia 1 $ 265,000 $ 265,000 $ 172,000
Goochland County Virginia 1 $ 215,000 $ 215,000 $ 32,000
Manassas County Virginia 1 $ 205,000 $ 205,000 $ 96,000
Clark County Washington 1 $ 205,000 $ 205,000 $ 215,000
King County Washington 1 $ 185,000 $ 185,000 $ 130,000
Pierce County Washington 1 $ 175,000 $ 175,000 $ 72,000
Snohomish County Washington 1 $ 475,000 $ 475,000 $ 152,000

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 Independent Bank in 2021

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 430 $109,550,000 $254,000 $1,345,000 $113,000 $1,071,000
Refinancing 384 $89,290,000 $232,000 $1,265,000 $136,000 $1,364,000
Cash-out Refinancing 168 $43,550,000 $259,000 $1,245,000 $155,000 $2,334,000
Home Improvement 27 $7,245,000 $268,000 $485,000 $140,000 $356,000
Other Purpose 1 $175,000 $175,000 $175,000 $42,000 $42,000
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 763 $194,335,000 $254,000 $1,345,000 $138,000 $2,334,000
Black or African American 149 $29,385,000 $197,000 $825,000 $76,000 $374,000
Asian 46 $13,420,000 $291,000 $545,000 $144,000 $508,000
Hispanic 31 $7,345,000 $236,000 $895,000 $147,000 $901,000
Not Provided 13 $3,345,000 $257,000 $545,000 $152,000 $301,000
American Indian or Alaskan Native 4 $1,000,000 $250,000 $395,000 $207,000 $379,000
Native Hawaiian or Other Pacific Islander 2 $470,000 $235,000 $275,000 $105,000 $152,000
Not applicable 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) 873 $218,305,000 $250,000 $1,345,000 $139,000 $2,334,000
FHA-insured (Federal Housing Administration) 112 $23,660,000 $211,000 $625,000 $62,000 $167,000
VA-guaranteed (Veterans Administration) 22 $7,180,000 $326,000 $745,000 $118,000 $355,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $665,000 $221,000 $285,000 $57,000 $76,000

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 728 $181,360,000 $249,000 $1,345,000 $131,000 $2,334,000
Application Withdrawn By Applicant 190 $48,450,000 $255,000 $1,265,000 $147,000 $1,364,000
Application Denied By Financial Institution 62 $12,940,000 $208,000 $545,000 $66,000 $418,000
File Closed For Incompleteness 29 $6,755,000 $232,000 $455,000 $113,000 $291,000
Application Approved But Not Accepted 1 $305,000 $305,000 $305,000 $60,000 $60,000
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 948 $236,870,000 $249,000 $1,345,000 $134,000 $2,334,000
Debt-To-Income Ratio 35 $7,875,000 $225,000 $545,000 $48,000 $150,000
Credit History 16 $2,570,000 $160,000 $455,000 $61,000 $177,000
Collateral 7 $1,655,000 $236,000 $545,000 $132,000 $418,000
Insufficient Cash (Downpayment, Closing Cost) 4 $840,000 $210,000 $285,000 $119,000 $188,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 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.

Download the Tennessee Lender List