Independent Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Independent Bank 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 | Independent Bank 5050 Poplar Avenue Ste 2100 Memphis, TN 38157 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 | 343 |
| Total Mortgage Loan Application Amount | $105,055,000 |
| Average Mortgage Loan Application Amount | $296,750 |
| Highest Mortgage Loan Application Amount | $6,375,000 |
| Average Applicant Income | $153,250 |
| Highest Applicant Income | $2,840,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 with Independent Bank. 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 Independent Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2022 breaks down Independent Bank'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 Independent Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Independent Bank, 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 Independent Bank'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 | 166 | $ 49,550,000 | $ 298,000 | $ 157,000 |
| Hamilton County Tennessee | 46 | $ 14,860,000 | $ 323,000 | $ 142,000 |
| DeSoto County Mississippi | 24 | $ 5,740,000 | $ 239,000 | $ 85,000 |
| Crittenden County Arkansas | 7 | $ 1,145,000 | $ 163,000 | $ 55,000 |
| Tate County Mississippi | 6 | $ 1,660,000 | $ 276,000 | $ 89,000 |
| Walker County Georgia | 5 | $ 1,485,000 | $ 297,000 | $ 57,000 |
| Catoosa County Georgia | 4 | $ 670,000 | $ 167,000 | $ 179,000 |
| Bradley County Tennessee | 4 | $ 940,000 | $ 235,000 | $ 77,000 |
| Fayette County Tennessee | 4 | $ 1,080,000 | $ 270,000 | $ 74,000 |
| Tipton County Tennessee | 4 | $ 680,000 | $ 170,000 | $ 51,000 |
| Cleburne County Arkansas | 3 | $ 1,355,000 | $ 451,000 | $ 302,000 |
| Marshall County Mississippi | 3 | $ 825,000 | $ 275,000 | $ 99,000 |
| Beaufort County South Carolina | 3 | $ 2,085,000 | $ 695,000 | $ 250,000 |
| Hardin County Tennessee | 3 | $ 1,055,000 | $ 351,000 | $ 365,000 |
| Garland County Arkansas | 2 | $ 1,690,000 | $ 845,000 | $ 435,000 |
| Chattooga County Georgia | 2 | $ 460,000 | $ 230,000 | $ 132,000 |
| Grenada County Mississippi | 2 | $ 370,000 | $ 185,000 | $ 43,000 |
| Jackson County Mississippi | 2 | $ 800,000 | $ 400,000 | $ 122,000 |
| Clark County Nevada | 2 | $ 550,000 | $ 275,000 | $ 53,000 |
| Davidson County Tennessee | 2 | $ 780,000 | $ 390,000 | $ 160,000 |
| Knox County Tennessee | 2 | $ 620,000 | $ 310,000 | $ 91,000 |
| Colbert County Alabama | 1 | $ 2,005,000 | $ 2,005,000 | $ 2,840,000 |
| Elmore County Alabama | 1 | $ 265,000 | $ 265,000 | $ 113,000 |
| Jackson County Alabama | 1 | $ 205,000 | $ 205,000 | $ 73,000 |
| Lee County Alabama | 1 | $ 385,000 | $ 385,000 | $ 125,000 |
| Limestone County Alabama | 1 | $ 555,000 | $ 555,000 | $ 150,000 |
| Tallapoosa County Alabama | 1 | $ 445,000 | $ 445,000 | $ 187,000 |
| Maricopa County Arizona | 1 | $ 575,000 | $ 575,000 | $ 566,000 |
| Faulkner County Arkansas | 1 | $ 135,000 | $ 135,000 | $ 75,000 |
| Fulton County Arkansas | 1 | $ 185,000 | $ 185,000 | $ 112,000 |
| Mississippi County Arkansas | 1 | $ 145,000 | $ 145,000 | $ 60,000 |
| Saline County Arkansas | 1 | $ 205,000 | $ 205,000 | $ 138,000 |
| Sharp County Arkansas | 1 | $ 365,000 | $ 365,000 | $ 148,000 |
| St. Francis County Arkansas | 1 | $ 45,000 | $ 45,000 | $ 40,000 |
| Placer County California | 1 | $ 315,000 | $ 315,000 | $ 130,000 |
| Escambia County Florida | 1 | $ 445,000 | $ 445,000 | $ 120,000 |
| Lee County Florida | 1 | $ 255,000 | $ 255,000 | $ 203,000 |
| Okaloosa County Florida | 1 | $ 345,000 | $ 345,000 | $ 224,000 |
| Orange County Florida | 1 | $ 485,000 | $ 485,000 | $ 130,000 |
| St. Lucie County Florida | 1 | $ 225,000 | $ 225,000 | $ 3,000 |
| Walton County Florida | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Cobb County Georgia | 1 | $ 115,000 | $ 115,000 | $ 46,000 |
| Dade County Georgia | 1 | $ 145,000 | $ 145,000 | $ 47,000 |
| Fulton County Georgia | 1 | $ 945,000 | $ 945,000 | $ 667,000 |
| Whitfield County Georgia | 1 | $ 265,000 | $ 265,000 | $ 97,000 |
| Cook County Illinois | 1 | $ 265,000 | $ 265,000 | $ 130,000 |
| Calcasieu County Louisiana | 1 | $ 195,000 | $ 195,000 | $ 145,000 |
| Livingston County Louisiana | 1 | $ 175,000 | $ 175,000 | $ 130,000 |
| St. Charles County Louisiana | 1 | $ 205,000 | $ 205,000 | $ 44,000 |
| Cumberland County Maine | 1 | $ 215,000 | $ 215,000 | $ 73,000 |
| Kennebec County Maine | 1 | $ 195,000 | $ 195,000 | $ 97,000 |
| Lincoln County Maine | 1 | $ 235,000 | $ 235,000 | $ 109,000 |
| Hampshire County Massachusetts | 1 | $ 275,000 | $ 275,000 | $ 64,000 |
| Lafayette County Mississippi | 1 | $ 315,000 | $ 315,000 | $ 200,000 |
| Union County Mississippi | 1 | $ 115,000 | $ 115,000 | $ 64,000 |
| Dunklin County Missouri | 1 | $ 65,000 | $ 65,000 | $ 253,000 |
| Buncombe County North Carolina | 1 | $ 495,000 | $ 495,000 | $ 132,000 |
| Montgomery County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 102,000 |
| Philadelphia County Pennsylvania | 1 | $ 185,000 | $ 185,000 | $ 100,000 |
| Hardeman County Tennessee | 1 | $ 345,000 | $ 345,000 | $ 98,000 |
| Sequatchie County Tennessee | 1 | $ 565,000 | $ 565,000 | $ 188,000 |
| Sevier County Tennessee | 1 | $ 515,000 | $ 515,000 | $ 195,000 |
| Williamson County Tennessee | 1 | $ 395,000 | $ 395,000 | $ 132,000 |
| Brazoria County Texas | 1 | $ 315,000 | $ 315,000 | $ 89,000 |
| Collin County Texas | 1 | $ 625,000 | $ 625,000 | $ 151,000 |
| Dallas County Texas | 1 | $ 545,000 | $ 545,000 | $ 136,000 |
| Fort Bend County Texas | 1 | $ 335,000 | $ 335,000 | $ 89,000 |
| Washington County Utah | 1 | $ 395,000 | $ 395,000 | $ 141,000 |
Mortgage Loan Application Detail Totals for Independent Bank 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 Purchase | 227 | $66,255,000 | $291,000 | $985,000 | $142,000 | $2,083,000 |
| Refinancing | 60 | $27,030,000 | $450,000 | $6,375,000 | $235,000 | $2,840,000 |
| Cash-out Refinancing | 48 | $9,840,000 | $205,000 | $545,000 | $100,000 | $235,000 |
| Home Improvement | 8 | $1,930,000 | $241,000 | $355,000 | $136,000 | $269,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 228 | $73,040,000 | $320,000 | $2,005,000 | $160,000 | $2,840,000 |
| Black or African American | 79 | $13,685,000 | $173,000 | $485,000 | $66,000 | $187,000 |
| Asian | 13 | $4,305,000 | $331,000 | $945,000 | $215,000 | $667,000 |
| Hispanic | 11 | $2,795,000 | $254,000 | $795,000 | $140,000 | $901,000 |
| Not Provided | 9 | $10,295,000 | $1,143,000 | $6,375,000 | $1,191,000 | $2,083,000 |
| American Indian or Alaskan Native | 2 | $670,000 | $335,000 | $395,000 | $145,000 | $187,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 291 | $93,595,000 | $321,000 | $6,375,000 | $167,000 | $2,840,000 |
| FHA-insured (Federal Housing Administration) | 41 | $7,975,000 | $194,000 | $425,000 | $55,000 | $126,000 |
| VA-guaranteed (Veterans Administration) | 10 | $3,250,000 | $325,000 | $495,000 | $121,000 | $203,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $235,000 | $235,000 | $235,000 | $47,000 | $47,000 |
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 | 245 | $79,635,000 | $325,000 | $6,375,000 | $169,000 | $2,840,000 |
| Application Withdrawn By Applicant | 63 | $17,075,000 | $271,000 | $875,000 | $123,000 | $640,000 |
| Application Denied By Financial Institution | 24 | $5,510,000 | $229,000 | $575,000 | $81,000 | $280,000 |
| File Closed For Incompleteness | 8 | $2,120,000 | $265,000 | $615,000 | $88,000 | $136,000 |
| Application Approved But Not Accepted | 3 | $715,000 | $238,000 | $305,000 | $77,000 | $92,000 |
| 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 | 319 | $99,545,000 | $312,000 | $6,375,000 | $157,000 | $2,840,000 |
| Debt-To-Income Ratio | 14 | $3,460,000 | $247,000 | $485,000 | $74,000 | $238,000 |
| Credit History | 4 | $790,000 | $197,000 | $575,000 | $113,000 | $280,000 |
| Collateral | 3 | $735,000 | $245,000 | $415,000 | $74,000 | $102,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $300,000 | $150,000 | $265,000 | $110,000 | $146,000 |
| Employment History | 1 | $225,000 | $225,000 | $225,000 | $3,000 | $3,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Independent Bank'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 Independent Bank'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.