Peoples Home Equity Mortgage Lending & HMDA Data, 2013

In 2013, Peoples Home Equity of Brentwood, TN reported 11,289 mortgage applications totaling $2.0 billion, up 36% from 2012. The average application was for $177,316, and applicants reported an average income of $72,195. 56% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Chicago-Joliet-Naperville, IL (2,010), Nashville-Davidson--Murfreesboro--Franklin, TN (1,956) and Milwaukee-Waukesha-West Allis, WI (988) (applications in parentheses).

Mortgage Company & Address Peoples Home Equity
5205 Maryland Way Suite 100
Brentwood, TN 37027
Tel #: available with data download
Federal Regulator * available with data download
Years 2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  
Total Number of Mortgage Applications 11,289
Total Mortgage Loan Application Amount $2,001,727,000
Average Mortgage Loan Application Amount $177,316
Highest Mortgage Loan Application Amount $2,800,000
Average Applicant Income $72,195
Highest Applicant Income $3,684,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Peoples Home Equity filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Peoples Home Equity by Metropolitan Area in 2013

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Chicago-Joliet-Naperville, IL 2,010 $ 416,703,000 $ 207,314 $ 91,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1,956 $ 336,663,000 $ 172,118 $ 68,000
Milwaukee-Waukesha-West Allis, WI 988 $ 165,622,000 $ 167,633 $ 74,000
Chattanooga, TN-GA 886 $ 135,718,000 $ 153,180 $ 64,511
Knoxville, TN 824 $ 131,260,000 $ 159,296 $ 61,000
Green Bay, WI 441 $ 64,896,000 $ 147,156 $ 65,000
Phoenix-Mesa-Glendale, AZ 437 $ 86,172,000 $ 197,189 $ 87,000
Virginia Beach-Norfolk-Newport News, VA-NC 291 $ 60,665,000 $ 208,470 $ 57,773
Lake County-Kenosha County, IL-WI 170 $ 36,358,000 $ 213,870 $ 101,588
Clarksville, TN-KY 159 $ 24,743,000 $ 155,616 $ 50,031
Appleton, WI 128 $ 18,475,000 $ 144,335 $ 64,000
Johnson City, TN 125 $ 16,961,000 $ 135,688 $ 55,000
Kingsport-Bristol-Bristol, TN-VA 119 $ 13,623,000 $ 114,478 $ 50,151
Washington-Arlington-Alexandria, DC-VA-MD-WV 119 $ 41,682,000 $ 350,268 $ 102,201
Louisville/Jefferson County, KY-IN 105 $ 17,254,000 $ 164,323 $ 74,000
Oshkosh-Neenah, WI 97 $ 13,067,000 $ 134,711 $ 58,000
Racine, WI 70 $ 11,041,000 $ 157,728 $ 56,000
Morristown, TN 69 $ 9,658,000 $ 139,971 $ 49,000
Greensboro-High Point, NC 64 $ 7,390,000 $ 115,468 $ 42,000
Atlanta-Sandy Springs-Marietta, GA 48 $ 9,006,000 $ 187,625 $ 61,000
Richmond, VA 47 $ 10,113,000 $ 215,170 $ 45,000
Warren-Troy-Farmington Hills, MI 46 $ 7,867,000 $ 171,021 $ 83,000
Los Angeles-Long Beach-Glendale, CA 44 $ 17,027,000 $ 386,977 $ 125,000
Madison, WI 42 $ 7,768,000 $ 184,952 $ 81,000
Eau Claire, WI 41 $ 6,856,000 $ 167,219 $ 56,000
Cleveland, TN 40 $ 5,341,000 $ 133,525 $ 55,000
St. Louis, MO-IL 34 $ 6,130,000 $ 180,294 $ 87,000
Dalton, GA 32 $ 3,943,000 $ 123,218 $ 44,000
Winston-Salem, NC 32 $ 3,759,000 $ 117,468 $ 49,000
Riverside-San Bernardino-Ontario, CA 31 $ 8,794,000 $ 283,677 $ 82,000
Fond Du Lac, WI 30 $ 3,931,000 $ 131,033 $ 55,000
Rockford, IL 29 $ 4,715,000 $ 162,586 $ 74,000
Fayetteville, NC 28 $ 5,206,000 $ 185,928 $ 5,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 27 $ 4,242,000 $ 157,111 $ 45,000
Memphis, TN-MS-AR 27 $ 4,575,000 $ 169,444 $ 80,000
Sheboygan, WI 25 $ 3,600,000 $ 144,000 $ 84,000
Tucson, AZ 25 $ 4,108,000 $ 164,320 $ 66,000
Santa Ana-Anaheim-Irvine, CA 20 $ 8,665,000 $ 433,250 $ 112,000
Baltimore-Towson, MD 19 $ 5,166,000 $ 271,894 $ 123,000
Charleston-North Charleston-Summerville, SC 19 $ 3,790,000 $ 199,473 $ 253,000
Tampa-St. Petersburg-Clearwater, FL 19 $ 3,609,000 $ 189,947 $ 47,000
Orlando-Kissimmee-Sanford, FL 18 $ 4,009,000 $ 222,722 $ 33,000
Raleigh-Cary, NC 18 $ 3,567,000 $ 198,166 $ 63,000
Detroit-Livonia-Dearborn, MI 17 $ 1,554,000 $ 91,411 $ 57,000
Jacksonville, FL 17 $ 3,044,000 $ 179,058 $ 36,000
Oakland-Fremont-Hayward, CA 16 $ 7,284,000 $ 455,250 $ 129,000
Philadelphia, PA 16 $ 2,224,000 $ 139,000 $ 117,000
Cincinnati-Middletown, OH-KY-IN 15 $ 2,598,000 $ 173,200 $ 58,000
San Diego-Carlsbad-San Marcos, CA 15 $ 4,360,000 $ 290,666 $ 104,000
Charlotte-Gastonia-Rock Hill, NC-SC 14 $ 2,493,000 $ 178,071 $ 35,714
Denver-Aurora-Broomfield, CO 14 $ 4,205,000 $ 300,357 $ 101,000
Lake Havasu City-Kingman, AZ 14 $ 2,329,000 $ 166,357 $ 91,000
Miami-Miami Beach-Kendall, FL 14 $ 3,677,000 $ 262,642 $ 92,000
Minneapolis-St. Paul-Bloomington, MN-WI 14 $ 2,506,000 $ 179,000 $ 59,000
Dallas-Plano-Irving, TX 13 $ 1,686,000 $ 129,692 $ 88,000
Sacramento--Arden-Arcade--Roseville, CA 13 $ 3,577,000 $ 275,153 $ 129,000
San Jose-Sunnyvale-Santa Clara, CA 13 $ 6,034,000 $ 464,153 $ 136,000
Janesville, WI 12 $ 1,583,000 $ 131,916 $ 63,000
La Crosse, WI-MN 12 $ 1,605,000 $ 133,750 $ 58,000
Lexington-Fayette, KY 12 $ 2,040,000 $ 170,000 $ 69,000
Houston-Sugar Land-Baytown, TX 10 $ 1,391,000 $ 139,100 $ 61,000
Burlington, NC 9 $ 965,000 $ 107,222 $ 40,000
Jacksonville, NC 9 $ 1,414,000 $ 157,111 $ 0
Prescott, AZ 9 $ 1,369,000 $ 152,111 $ 60,000
Columbus, GA-AL 8 $ 1,492,000 $ 186,500 $ 14,875
Wausau, WI 8 $ 847,000 $ 105,875 $ 54,000
Asheville, NC 7 $ 1,111,000 $ 158,714 $ 48,000
Austin-Round Rock-San Marcos, TX 7 $ 870,000 $ 124,285 $ 44,000
Birmingham-Hoover, AL 7 $ 1,251,000 $ 178,714 $ 149,000
Decatur, IL 7 $ 777,000 $ 111,000 $ 48,000
Fort Worth-Arlington, TX 7 $ 858,000 $ 122,571 $ 78,000
Lakeland-Winter Haven, FL 7 $ 1,262,000 $ 180,285 $ 53,000
Lynchburg, VA 7 $ 858,000 $ 122,571 $ 41,000
Palm Bay-Melbourne-Titusville, FL 7 $ 1,281,000 $ 183,000 $ 30,000
Panama City-Lynn Haven-Panama City Beach, FL 7 $ 1,631,000 $ 233,000 $ 49,000
Peoria, IL 7 $ 1,130,000 $ 161,428 $ 176,000
Savannah, GA 7 $ 1,899,000 $ 271,285 $ 111,000
West Palm Beach-Boca Raton-Boynton Beach, FL 7 $ 1,239,000 $ 177,000 $ 65,000
Wilmington, NC 7 $ 1,212,000 $ 173,142 $ 37,000
Augusta-Richmond County, GA-SC 6 $ 1,237,000 $ 206,166 $ 14,000
Greeley, CO 6 $ 1,296,000 $ 216,000 $ 78,000
Hickory-Lenoir-Morganton, NC 6 $ 976,000 $ 162,666 $ 74,000
Jackson, TN 6 $ 637,000 $ 106,166 $ 70,000
Kankakee-Bradley, IL 6 $ 990,000 $ 165,000 $ 54,000
New Orleans-Metairie-Kenner, LA 6 $ 1,060,000 $ 176,666 $ 250,000
Pittsburgh, PA 6 $ 539,000 $ 89,833 $ 50,000
San Antonio-New Braunfels, TX 6 $ 595,000 $ 99,166 $ 38,000
Deltona-Daytona Beach-Ormond Beach, FL 5 $ 665,000 $ 133,000 $ 72,000
Durham-Chapel Hill, NC 5 $ 886,000 $ 177,200 $ 76,000
San Francisco-San Mateo-Redwood City, CA 5 $ 2,531,000 $ 506,200 $ 141,000
Gary, IN 4 $ 687,000 $ 171,750 $ 87,000
Greenville-Mauldin-Easley, SC 4 $ 590,000 $ 147,500 $ 42,000
Bakersfield-Delano, CA 3 $ 384,000 $ 128,000 $ 80,000
Bethesda-Rockville-Frederick, MD 3 $ 1,494,000 $ 498,000 $ 100,000
Boulder, CO 3 $ 3,838,000 $ 1,279,333 $ 217,000
Bowling Green, KY 3 $ 516,000 $ 172,000 $ 28,000
Champaign-Urbana, IL 3 $ 353,000 $ 117,666 $ 136,000
Colorado Springs, CO 3 $ 1,488,000 $ 496,000 $ 112,000
Columbia, SC 3 $ 667,000 $ 222,333 $ 0
Indianapolis-Carmel, IN 3 $ 252,000 $ 84,000 $ 52,000
Macon, GA 3 $ 455,000 $ 151,666 $ 4,000
Mobile, AL 3 $ 491,000 $ 163,666 $ 52,000
Oxnard-Thousand Oaks-Ventura, CA 3 $ 1,386,000 $ 462,000 $ 180,000
Port St. Lucie, FL 3 $ 415,000 $ 138,333 $ 40,000
Springfield, IL 3 $ 562,000 $ 187,333 $ 120,000
Tallahassee, FL 3 $ 511,000 $ 170,333 $ 28,000
Ann Arbor, MI 2 $ 179,000 $ 89,500 $ 48,000
Blacksburg-Christiansburg-Radford, VA 2 $ 538,000 $ 269,000 $ 48,000
Bloomington-Normal, IL 2 $ 245,000 $ 122,500 $ 60,000
College Station-Bryan, TX 2 $ 226,000 $ 113,000 $ 84,000
Corpus Christi, TX 2 $ 149,000 $ 74,500 $ 264,000
Duluth, MN-WI 2 $ 195,000 $ 97,500 $ 48,000
Flagstaff, AZ 2 $ 634,000 $ 317,000 $ 1,068,000
Florence-Muscle Shoals, AL 2 $ 145,000 $ 72,500 $ 48,000
Goldsboro, NC 2 $ 357,000 $ 178,500 $ 0
Huntsville, AL 2 $ 370,000 $ 185,000 $ 78,000
Killeen-Temple-Fort Hood, TX 2 $ 136,000 $ 68,000 $ 108,000
Lancaster, PA 2 $ 562,000 $ 281,000 $ 84,000
Michigan City-La Porte, IN 2 $ 542,000 $ 271,000 $ 246,000
Reading, PA 2 $ 234,000 $ 117,000 $ 108,000
Roanoke, VA 2 $ 420,000 $ 210,000 $ 24,000
Rocky Mount, NC 2 $ 257,000 $ 128,500 $ 0
San Luis Obispo-Paso Robles, CA 2 $ 1,153,000 $ 576,500 $ 174,000
Athens-Clarke County, GA 1 $ 60,000 $ 60,000 $ 36,000
Beaumont-Port Arthur, TX 1 $ 145,000 $ 145,000 $ 60,000
Cape Coral-Fort Myers, FL 1 $ 231,000 $ 231,000 $ 288,000
Cape Girardeau-Jackson, MO-IL 1 $ 172,000 $ 172,000 $ 48,000
Charlottesville, VA 1 $ 175,000 $ 175,000 $ 0
Crestview-Fort Walton Beach-Destin, FL 1 $ 201,000 $ 201,000 $ 48,000
Danville, IL 1 $ 120,000 $ 120,000 $ 60,000
Davenport-Moline-Rock Island, IA-IL 1 $ 146,000 $ 146,000 $ 36,000
Flint, MI 1 $ 50,000 $ 50,000 $ 132,000
Fresno, CA 1 $ 50,000 $ 50,000 $ 12,000
Grand Rapids-Wyoming, MI 1 $ 144,000 $ 144,000 $ 48,000
Greenville, NC 1 $ 209,000 $ 209,000 $ 0
Gulfport-Biloxi, MS 1 $ 173,000 $ 173,000 $ 84,000
Harrisburg-Carlisle, PA 1 $ 148,000 $ 148,000 $ 240,000
Hinesville-Fort Stewart, GA 1 $ 304,000 $ 304,000 $ 372,000
Longview, TX 1 $ 59,000 $ 59,000 $ 36,000
McAllen-Edinburg-Mission, TX 1 $ 95,000 $ 95,000 $ 24,000
Myrtle Beach-North Myrtle Beach-Conway, SC 1 $ 94,000 $ 94,000 $ 72,000
Palm Coast, FL 1 $ 126,000 $ 126,000 $ 96,000
Pensacola-Ferry Pass-Brent, FL 1 $ 185,000 $ 185,000 $ 0
Rochester, MN 1 $ 291,000 $ 291,000 $ 120,000
Sherman-Denison, TX 1 $ 116,000 $ 116,000 $ 48,000
Spartanburg, SC 1 $ 121,000 $ 121,000 $ 36,000
St. Cloud, MN 1 $ 142,000 $ 142,000 $ 72,000
Tuscaloosa, AL 1 $ 187,000 $ 187,000 $ 144,000
Waco, TX 1 $ 71,000 $ 71,000 $ 48,000
Warner Robins, GA 1 $ 89,000 $ 89,000 $ 84,000
Winchester, VA-WV 1 $ 237,000 $ 237,000 $ 0
Yuma, AZ 1 $ 126,000 $ 126,000 $ 48,000

Mortgage Loan Application Detail Totals for Peoples Home Equity in 2013

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
Refinancing 6,517 $1,217,068,000 $186,000 $2,800,000 $76,000 $3,684,000
Home Purchase 4,772 $784,659,000 $164,000 $1,097,000 $67,000 $1,248,000
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 8,613 $1,529,613,000 $177,000 $2,800,000 $75,000 $3,684,000
Black or African American 904 $154,470,000 $170,000 $995,000 $52,000 $324,000
Not Provided 764 $139,478,000 $182,000 $660,000 $77,000 $1,800,000
Hispanic 724 $119,262,000 $164,000 $765,000 $56,000 $360,000
Asian 249 $50,481,000 $202,000 $800,000 $83,000 $1,248,000
Native Hawaiian or Other Pacific Islander 21 $5,717,000 $272,000 $774,000 $94,000 $468,000
American Indian or Alaskan Native 14 $2,706,000 $193,000 $404,000 $59,000 $132,000
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) 6,269 $1,161,806,000 $185,000 $2,800,000 $89,000 $3,684,000
FHA-insured (Federal Housing Administration) 4,110 $657,464,000 $159,000 $995,000 $53,000 $864,000
VA-guaranteed (Veterans Administration) 909 $182,108,000 $200,000 $844,000 $46,000 $504,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $349,000 $349,000 $349,000 $204,000 $204,000

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 6,295 $1,088,447,000 $172,000 $1,097,000 $71,000 $1,560,000
Application Withdrawn By Applicant 4,186 $782,035,000 $186,000 $2,800,000 $76,000 $3,684,000
Application Denied By Financial Institution 805 $130,849,000 $162,000 $1,313,000 $62,000 $876,000
File Closed For Incompleteness 3 $396,000 $132,000 $142,000 $22,000 $36,000
Application Approved But Not Accepted 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
Credit History 383 $58,585,000 $152,000 $750,000 $57,000 $468,000
Debt-To-Income Ratio 152 $28,223,000 $185,000 $1,313,000 $56,000 $300,000
Collateral 117 $18,213,000 $155,000 $800,000 $73,000 $264,000
Other 38 $5,792,000 $152,000 $500,000 $97,000 $876,000
Unverifiable Information 32 $6,496,000 $203,000 $627,000 $64,000 $156,000
Employment History 20 $2,997,000 $149,000 $244,000 $44,000 $108,000
Credit Application Incomplete 19 $3,322,000 $174,000 $297,000 $60,000 $120,000
Insufficient Cash (Downpayment, Closing Cost) 15 $2,505,000 $167,000 $417,000 $56,000 $252,000
Mortgage Insurance Denied 1 $100,000 $100,000 $100,000 $60,000 $60,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Peoples Home Equity's 2013 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 Peoples Home Equity'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.
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