Mortgage Investors Group Mortgage Lending & HMDA Data, 2010

In 2010, Mortgage Investors Group of Knoxville, TN reported 6,567 mortgage applications totaling $1.0 billion, down 23% from 2009. The average application was for $159,181, and applicants reported an average income of $71,139. 85% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Knoxville, TN (2,564), Chattanooga, TN-GA (651) and Memphis, TN-MS-AR (593) (applications in parentheses).

Mortgage Company & Address Mortgage Investors Group
8320 E. Walker Springs Lane
Knoxville, TN 37923
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 6,567
Total Mortgage Loan Application Amount $1,045,343,000
Average Mortgage Loan Application Amount $159,181
Highest Mortgage Loan Application Amount $900,000
Average Applicant Income $71,139
Highest Applicant Income $1,012,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mortgage Investors Group filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Mortgage Investors Group by County in 2010

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Knox, Tennessee 1,767 $ 310,013,000 $ 175,445 $ 80,000
Hamilton, Tennessee 519 $ 76,203,000 $ 146,826 $ 64,000
Shelby, Tennessee 514 $ 86,689,000 $ 168,655 $ 79,000
Anderson, Tennessee 346 $ 56,293,000 $ 162,696 $ 79,000
Cumberland, Tennessee 313 $ 50,195,000 $ 160,367 $ 66,000
Blount, Tennessee 240 $ 42,358,000 $ 176,491 $ 72,000
Davidson, Tennessee 217 $ 32,094,000 $ 147,898 $ 66,000
Washington, Tennessee 208 $ 30,176,000 $ 145,076 $ 57,000
Loudon, Tennessee 191 $ 31,763,000 $ 166,298 $ 67,000
Putnam, Tennessee 157 $ 23,474,000 $ 149,515 $ 67,000
Mississippi, Arkansas 155 $ 17,760,000 $ 114,580 $ 59,000
Roane, Tennessee 149 $ 27,840,000 $ 186,845 $ 91,000
Sevier, Tennessee 144 $ 22,729,000 $ 157,840 $ 75,000
Sullivan, Tennessee 117 $ 15,996,000 $ 136,717 $ 50,000
Montgomery, Tennessee 100 $ 13,352,000 $ 133,520 $ 48,000
Catoosa, Georgia 75 $ 9,683,000 $ 129,106 $ 54,000
Rutherford, Tennessee 68 $ 10,035,000 $ 147,573 $ 54,000
Wilson, Tennessee 67 $ 10,326,000 $ 154,119 $ 59,000
Williamson, Tennessee 63 $ 16,249,000 $ 257,920 $ 106,000
Jefferson, Tennessee 53 $ 7,409,000 $ 139,792 $ 51,000
Greene, Tennessee 47 $ 6,073,000 $ 129,212 $ 59,000
Madison, Alabama 40 $ 6,602,000 $ 165,050 $ 82,000
Campbell, Tennessee 38 $ 4,410,000 $ 116,052 $ 72,000
Walker, Georgia 37 $ 4,512,000 $ 121,945 $ 55,000
Carter, Tennessee 37 $ 3,747,000 $ 101,270 $ 44,000
Hamblen, Tennessee 36 $ 4,517,000 $ 125,472 $ 50,000
DeSoto, Mississippi 35 $ 5,791,000 $ 165,457 $ 62,000
Monroe, Tennessee 34 $ 4,616,000 $ 135,764 $ 52,000
Sumner, Tennessee 32 $ 5,791,000 $ 180,968 $ 81,000
Bradley, Tennessee 31 $ 4,746,000 $ 153,096 $ 56,000
Christian, Kentucky 29 $ 3,682,000 $ 126,965 $ 58,000
Fayette, Tennessee 27 $ 5,014,000 $ 185,703 $ 77,000
Cocke, Tennessee 25 $ 2,991,000 $ 119,640 $ 50,000
Hardin, Tennessee 22 $ 3,319,000 $ 150,863 $ 95,000
Union, Tennessee 20 $ 3,062,000 $ 153,100 $ 76,000
Grainger, Tennessee 19 $ 2,320,000 $ 122,105 $ 61,000
McMinn, Tennessee 19 $ 2,470,000 $ 130,000 $ 51,000
Hawkins, Tennessee 18 $ 1,873,000 $ 104,055 $ 43,000
Coffee, Tennessee 17 $ 2,143,000 $ 126,058 $ 51,000
White, Tennessee 16 $ 1,609,000 $ 100,562 $ 60,000
Unicoi, Tennessee 15 $ 1,807,000 $ 120,466 $ 49,000
Gwinnett, Georgia 14 $ 2,387,000 $ 170,500 $ 58,000
Crittenden, Kentucky 14 $ 1,421,000 $ 101,500 $ 51,000
Cheatham, Tennessee 14 $ 2,254,000 $ 161,000 $ 48,000
Lincoln, Tennessee 14 $ 1,990,000 $ 142,142 $ 64,000
Tipton, Tennessee 14 $ 2,015,000 $ 143,928 $ 87,000
Claiborne, Tennessee 13 $ 2,240,000 $ 172,307 $ 99,000
Giles, Tennessee 13 $ 1,888,000 $ 145,230 $ 69,000
Robertson, Tennessee 13 $ 1,750,000 $ 134,615 $ 97,000
Maury, Tennessee 12 $ 1,538,000 $ 128,166 $ 42,000
Craighead, Arkansas 11 $ 1,851,000 $ 168,272 $ 73,000
Carroll, Georgia 11 $ 1,196,000 $ 108,727 $ 44,000
Cherokee, Georgia 11 $ 2,068,000 $ 188,000 $ 62,000
Cobb, Georgia 11 $ 1,837,000 $ 167,000 $ 69,000
Paulding, Georgia 11 $ 928,000 $ 84,363 $ 27,000
Jefferson, Kentucky 11 $ 1,538,000 $ 139,818 $ 46,000
Whitfield, Georgia 10 $ 979,000 $ 97,900 $ 54,000
Rhea, Tennessee 10 $ 1,397,000 $ 139,700 $ 68,000
Limestone, Alabama 9 $ 1,416,000 $ 157,333 $ 72,000
Douglas, Georgia 9 $ 810,000 $ 90,000 $ 41,000
Fulton, Georgia 9 $ 1,897,000 $ 210,777 $ 127,000
Sequatchie, Tennessee 9 $ 984,000 $ 109,333 $ 38,000
Caldwell, Kentucky 8 $ 838,000 $ 104,750 $ 43,000
Hardin, Kentucky 8 $ 1,804,000 $ 225,500 $ 75,000
DeKalb, Tennessee 8 $ 1,773,000 $ 221,625 $ 99,000
Morgan, Tennessee 8 $ 1,180,000 $ 147,500 $ 61,000
Dade, Georgia 7 $ 948,000 $ 135,428 $ 62,000
Forsyth, Georgia 7 $ 1,662,000 $ 237,428 $ 61,000
Livingston, Kentucky 7 $ 804,000 $ 114,857 $ 57,000
Murray, Georgia 6 $ 566,000 $ 94,333 $ 45,000
Trigg, Kentucky 6 $ 1,013,000 $ 168,833 $ 81,000
Bedford, Tennessee 6 $ 807,000 $ 134,500 $ 129,000
Bledsoe, Tennessee 6 $ 774,000 $ 129,000 $ 40,000
Overton, Tennessee 6 $ 1,112,000 $ 185,333 $ 110,000
Calloway, Kentucky 5 $ 561,000 $ 112,200 $ 50,000
Davidson, North Carolina 5 $ 408,000 $ 81,600 $ 33,000
Fentress, Tennessee 5 $ 923,000 $ 184,600 $ 96,000
Johnson, Tennessee 5 $ 814,000 $ 162,800 $ 69,000
Lauderdale, Alabama 4 $ 928,000 $ 232,000 $ 109,000
Bartow, Georgia 4 $ 347,000 $ 86,750 $ 13,000
Fayette, Georgia 4 $ 902,000 $ 225,500 $ 106,000
Henderson, Tennessee 4 $ 500,000 $ 125,000 $ 63,000
Marion, Tennessee 4 $ 482,000 $ 120,500 $ 68,000
McNairy, Tennessee 4 $ 480,000 $ 120,000 $ 59,000
Meigs, Tennessee 4 $ 877,000 $ 219,250 $ 79,000
Polk, Tennessee 4 $ 321,000 $ 80,250 $ 110,000
Scott, Tennessee 4 $ 381,000 $ 95,250 $ 43,000
Morgan, Alabama 3 $ 641,000 $ 213,666 $ 79,000
Greene, Arkansas 3 $ 343,000 $ 114,333 $ 39,000
Coweta, Georgia 3 $ 420,000 $ 140,000 $ 88,000
Marshall, Kentucky 3 $ 388,000 $ 129,333 $ 60,000
Lafayette, Mississippi 3 $ 586,000 $ 195,333 $ 95,000
Pemiscot, Missouri 3 $ 342,000 $ 114,000 $ 90,000
Buncombe, North Carolina 3 $ 439,000 $ 146,333 $ 124,000
Davie, North Carolina 3 $ 259,000 $ 86,333 $ 33,000
Dickson, Tennessee 3 $ 285,000 $ 95,000 $ 22,000
Franklin, Tennessee 3 $ 330,000 $ 110,000 $ 44,000
Lawrence, Tennessee 3 $ 269,000 $ 89,666 $ 58,000
Madison, Tennessee 3 $ 451,000 $ 150,333 $ 73,000
Marshall, Tennessee 3 $ 328,000 $ 109,333 $ 36,000
Stewart, Tennessee 3 $ 279,000 $ 93,000 $ 33,000
Crittenden, Arkansas 2 $ 495,000 $ 247,500 $ 92,000
Pulaski, Arkansas 2 $ 293,000 $ 146,500 $ 54,000
Clayton, Georgia 2 $ 396,000 $ 198,000 $ 52,000
Liberty, Georgia 2 $ 139,000 $ 69,500 $ 48,000
Walton, Georgia 2 $ 259,000 $ 129,500 $ 60,000
Bullitt, Kentucky 2 $ 339,000 $ 169,500 $ 74,000
Fayette, Kentucky 2 $ 296,000 $ 148,000 $ 54,000
Hopkins, Kentucky 2 $ 180,000 $ 90,000 $ 43,000
Lyon, Kentucky 2 $ 145,000 $ 72,500 $ 32,000
Nelson, Kentucky 2 $ 244,000 $ 122,000 $ 70,000
Tishomingo, Mississippi 2 $ 222,000 $ 111,000 $ 152,000
Guilford, North Carolina 2 $ 494,000 $ 247,000 $ 73,000
Randolph, North Carolina 2 $ 436,000 $ 218,000 $ 89,000
Cannon, Tennessee 2 $ 348,000 $ 174,000 $ 74,000
Chester, Tennessee 2 $ 422,000 $ 211,000 $ 71,000
Clay, Tennessee 2 $ 289,000 $ 144,500 $ 73,000
Houston, Tennessee 2 $ 125,000 $ 62,500 $ 28,000
Jackson, Tennessee 2 $ 284,000 $ 142,000 $ 56,000
Macon, Tennessee 2 $ 227,000 $ 113,500 $ 34,000
Smith, Tennessee 2 $ 192,000 $ 96,000 $ 41,000
Baldwin, Alabama 1 $ 138,000 $ 138,000 $ 128,000
Jackson, Alabama 1 $ 97,000 $ 97,000 $ 38,000
Jefferson, Alabama 1 $ 274,000 $ 274,000 $ 93,000
Lawrence, Alabama 1 $ 139,000 $ 139,000 $ 18,000
Lee, Alabama 1 $ 178,000 $ 178,000 $ 39,000
Marshall, Alabama 1 $ 115,000 $ 115,000 $ 30,000
Baxter, Arkansas 1 $ 74,000 $ 74,000 $ 62,000
Marion, Arkansas 1 $ 168,000 $ 168,000 $ 69,000
Washington, Arkansas 1 $ 97,000 $ 97,000 $ 64,000
Yell, Arkansas 1 $ 206,000 $ 206,000 $ 45,000
Barrow, Georgia 1 $ 174,000 $ 174,000 $ 96,000
Butts, Georgia 1 $ 64,000 $ 64,000 $ 37,000
Clarke, Georgia 1 $ 206,000 $ 206,000 $ 112,000
DeKalb, Georgia 1 $ 33,000 $ 33,000 $ 12,000
Fannin, Georgia 1 $ 129,000 $ 129,000 $ 176,000
Gilmer, Georgia 1 $ 204,000 $ 204,000 $ 110,000
Gordon, Georgia 1 $ 342,000 $ 342,000 $ 178,000
Hall, Georgia 1 $ 41,000 $ 41,000 $ 19,000
Henry, Georgia 1 $ 78,000 $ 78,000 $ 37,000
Lowndes, Georgia 1 $ 413,000 $ 413,000 $ 228,000
Polk, Georgia 1 $ 59,000 $ 59,000 $ 53,000
Franklin, Kentucky 1 $ 412,000 $ 412,000 $ 123,000
Graves, Kentucky 1 $ 83,000 $ 83,000 $ 54,000
Henderson, Kentucky 1 $ 103,000 $ 103,000 $ 30,000
Jessamine, Kentucky 1 $ 51,000 $ 51,000 $ 42,000
Madison, Kentucky 1 $ 90,000 $ 90,000 $ 33,000
McCracken, Kentucky 1 $ 132,000 $ 132,000 $ 82,000
Oldham, Kentucky 1 $ 272,000 $ 272,000 $ 120,000
Pulaski, Kentucky 1 $ 72,000 $ 72,000 $ 37,000
Rockcastle, Kentucky 1 $ 121,000 $ 121,000 $ 56,000
Todd, Kentucky 1 $ 85,000 $ 85,000 $ 31,000
Warren, Kentucky 1 $ 294,000 $ 294,000 $ 83,000
Hinds, Mississippi 1 $ 84,000 $ 84,000 $ 78,000
Itawamba, Mississippi 1 $ 86,000 $ 86,000 $ 42,000
Tate, Mississippi 1 $ 118,000 $ 118,000 $ 67,000
Cabarrus, North Carolina 1 $ 169,000 $ 169,000 $ 63,000
Lincoln, North Carolina 1 $ 124,000 $ 124,000 $ 46,000
Macon, North Carolina 1 $ 179,000 $ 179,000 $ 80,000
Mecklenburg, North Carolina 1 $ 132,000 $ 132,000 $ 98,000
Watauga, North Carolina 1 $ 237,000 $ 237,000 $ 171,000
Benton, Tennessee 1 $ 105,000 $ 105,000 $ 110,000
Grundy, Tennessee 1 $ 156,000 $ 156,000 $ 56,000
Hickman, Tennessee 1 $ 82,000 $ 82,000 $ 54,000
Moore, Tennessee 1 $ 270,000 $ 270,000 $ 143,000
Obion, Tennessee 1 $ 63,000 $ 63,000 $ 20,000
Warren, Tennessee 1 $ 88,000 $ 88,000 $ 39,000

Mortgage Loan Application Detail Totals for Mortgage Investors Group in 2010

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 3,709 $536,438,000 $144,000 $590,000 $62,000 $942,000
Refinancing 2,858 $508,905,000 $178,000 $900,000 $83,000 $1,012,000
Home Improvement 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 5,634 $906,858,000 $160,000 $900,000 $73,000 $1,012,000
Black or African American 412 $56,877,000 $138,000 $442,000 $49,000 $296,000
Not Provided 296 $45,029,000 $152,000 $417,000 $68,000 $457,000
Hispanic 139 $19,358,000 $139,000 $417,000 $55,000 $234,000
Asian 70 $13,944,000 $199,000 $417,000 $87,000 $360,000
Native Hawaiian or Other Pacific Islander 12 $2,611,000 $217,000 $412,000 $73,000 $164,000
American Indian or Alaskan Native 4 $666,000 $166,000 $336,000 $74,000 $179,000
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) 3,418 $617,341,000 $180,000 $900,000 $91,000 $1,012,000
FHA-insured (Federal Housing Administration) 2,682 $353,146,000 $131,000 $442,000 $48,000 $798,000
VA-guaranteed (Veterans Administration) 401 $68,009,000 $169,000 $417,000 $63,000 $259,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 66 $6,847,000 $103,000 $209,000 $39,000 $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 5,591 $892,614,000 $159,000 $875,000 $72,000 $1,012,000
Application Approved But Not Accepted 546 $86,449,000 $158,000 $557,000 $70,000 $430,000
Application Withdrawn By Applicant 267 $42,421,000 $158,000 $563,000 $62,000 $403,000
Application Denied By Financial Institution 163 $23,859,000 $146,000 $900,000 $60,000 $507,000
File Closed For Incompleteness 0 $0 $0 $0 $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
Collateral 55 $9,372,000 $170,000 $900,000 $69,000 $232,000
Credit History 29 $3,394,000 $117,000 $193,000 $39,000 $76,000
Debt-To-Income Ratio 23 $3,354,000 $145,000 $347,000 $40,000 $123,000
Employment History 11 $1,263,000 $114,000 $229,000 $46,000 $175,000
Other 10 $1,628,000 $162,000 $273,000 $58,000 $117,000
Credit Application Incomplete 3 $447,000 $149,000 $205,000 $39,000 $57,000
Insufficient Cash (Downpayment, Closing Cost) 2 $268,000 $134,000 $180,000 $261,000 $507,000
Mortgage Insurance Denied 1 $242,000 $242,000 $242,000 $100,000 $100,000
Unverifiable Information 1 $81,000 $81,000 $81,000 $21,000 $21,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Mortgage Investors Group's 2010 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 Mortgage Investors Group'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.

Download the Tennessee Lender List