Platinum Financial Funding, Llc
Mortgage Loan Application
Totals and Details
for 2017
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 Platinum Financial Funding, Llc.
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 | Platinum Financial Funding, Llc 1913 Gunbarrel Road Chattanooga, TN 37421 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2017 2016 2015 2014 2013 2012 |
| Total Number of Mortgage Applications | 924 |
| Total Mortgage Loan Application Amount | $140,109,000 |
| Average Mortgage Loan Application Amount | $157,500 |
| Highest Mortgage Loan Application Amount | $576,000 |
| Average Applicant Income | $62,500 |
| Highest Applicant Income | $977,000 |
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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Hamilton County Tennessee | 229 | $ 44,263,000 | $ 193,000 | $ 73,000 |
| Knox County Tennessee | 76 | $ 12,611,000 | $ 165,000 | $ 70,000 |
| Walker County Georgia | 49 | $ 7,065,000 | $ 144,000 | $ 62,000 |
| Bradley County Tennessee | 44 | $ 6,489,000 | $ 147,000 | $ 64,000 |
| Catoosa County Georgia | 40 | $ 6,531,000 | $ 163,000 | $ 70,000 |
| Rhea County Tennessee | 22 | $ 2,951,000 | $ 134,000 | $ 68,000 |
| Roane County Tennessee | 20 | $ 2,651,000 | $ 132,000 | $ 63,000 |
| Anderson County Tennessee | 16 | $ 2,292,000 | $ 143,000 | $ 49,000 |
| Blount County Tennessee | 12 | $ 2,110,000 | $ 175,000 | $ 49,000 |
| Rutherford County Tennessee | 10 | $ 1,861,000 | $ 186,000 | $ 58,000 |
| Loudon County Tennessee | 9 | $ 1,374,000 | $ 152,000 | $ 52,000 |
| Monroe County Tennessee | 9 | $ 1,693,000 | $ 188,000 | $ 65,000 |
| Sevier County Tennessee | 9 | $ 1,389,000 | $ 154,000 | $ 51,000 |
| Shelby County Tennessee | 8 | $ 1,041,000 | $ 130,000 | $ 79,000 |
| Polk County Tennessee | 7 | $ 1,224,000 | $ 174,000 | $ 81,000 |
| Davidson County Tennessee | 6 | $ 1,316,000 | $ 219,000 | $ 71,000 |
| Marion County Tennessee | 6 | $ 937,000 | $ 156,000 | $ 54,000 |
| McMinn County Tennessee | 6 | $ 972,000 | $ 162,000 | $ 92,000 |
| Hamblen County Tennessee | 5 | $ 599,000 | $ 119,000 | $ 56,000 |
| Cumberland County Tennessee | 4 | $ 414,000 | $ 103,000 | $ 52,000 |
| Morgan County Tennessee | 4 | $ 325,000 | $ 81,000 | $ 39,000 |
| Sullivan County Tennessee | 4 | $ 464,000 | $ 116,000 | $ 31,000 |
| Chattooga County Georgia | 3 | $ 295,000 | $ 98,000 | $ 42,000 |
| Murray County Georgia | 3 | $ 375,000 | $ 125,000 | $ 61,000 |
| Whitfield County Georgia | 3 | $ 443,000 | $ 147,000 | $ 47,000 |
| Campbell County Tennessee | 3 | $ 374,000 | $ 124,000 | $ 46,000 |
| Franklin County Tennessee | 3 | $ 373,000 | $ 124,000 | $ 44,000 |
| Jefferson County Tennessee | 3 | $ 590,000 | $ 196,000 | $ 50,000 |
| Sumner County Tennessee | 3 | $ 585,000 | $ 195,000 | $ 39,000 |
| Williamson County Tennessee | 3 | $ 879,000 | $ 293,000 | $ 99,000 |
| Wilson County Tennessee | 3 | $ 516,000 | $ 172,000 | $ 52,000 |
| Jefferson County Alabama | 2 | $ 328,000 | $ 164,000 | $ 48,000 |
| Madison County Alabama | 2 | $ 263,000 | $ 131,000 | $ 25,000 |
| Talladega County Alabama | 2 | $ 302,000 | $ 151,000 | $ 28,000 |
| Cherokee County Georgia | 2 | $ 330,000 | $ 165,000 | $ 23,000 |
| Dade County Georgia | 2 | $ 223,000 | $ 111,000 | $ 72,000 |
| DeKalb County Georgia | 2 | $ 238,000 | $ 119,000 | $ 57,000 |
| Fulton County Georgia | 2 | $ 244,000 | $ 122,000 | $ 39,000 |
| Cheatham County Tennessee | 2 | $ 258,000 | $ 129,000 | $ 58,000 |
| Grundy County Tennessee | 2 | $ 252,000 | $ 126,000 | $ 67,000 |
| Hawkins County Tennessee | 2 | $ 245,000 | $ 122,000 | $ 35,000 |
| Maury County Tennessee | 2 | $ 446,000 | $ 223,000 | $ 66,000 |
| Meigs County Tennessee | 2 | $ 341,000 | $ 170,000 | $ 43,000 |
| Putnam County Tennessee | 2 | $ 201,000 | $ 100,000 | $ 32,000 |
| Robertson County Tennessee | 2 | $ 242,000 | $ 121,000 | $ 29,000 |
| Union County Tennessee | 2 | $ 302,000 | $ 151,000 | $ 56,000 |
| Baldwin County Alabama | 1 | $ 152,000 | $ 152,000 | $ 38,000 |
| Houston County Alabama | 1 | $ 117,000 | $ 117,000 | $ 0 |
| Jackson County Alabama | 1 | $ 61,000 | $ 61,000 | $ 34,000 |
| Lauderdale County Alabama | 1 | $ 97,000 | $ 97,000 | $ 113,000 |
| Marshall County Alabama | 1 | $ 102,000 | $ 102,000 | $ 39,000 |
| Mobile County Alabama | 1 | $ 120,000 | $ 120,000 | $ 32,000 |
| Montgomery County Alabama | 1 | $ 189,000 | $ 189,000 | $ 60,000 |
| Morgan County Alabama | 1 | $ 187,000 | $ 187,000 | $ 54,000 |
| Shelby County Alabama | 1 | $ 353,000 | $ 353,000 | $ 100,000 |
| Cobb County Georgia | 1 | $ 183,000 | $ 183,000 | $ 129,000 |
| Echols County Georgia | 1 | $ 54,000 | $ 54,000 | $ 33,000 |
| Glynn County Georgia | 1 | $ 117,000 | $ 117,000 | $ 38,000 |
| Lincoln County Georgia | 1 | $ 114,000 | $ 114,000 | $ 45,000 |
| Muscogee County Georgia | 1 | $ 150,000 | $ 150,000 | $ 56,000 |
| Newton County Georgia | 1 | $ 285,000 | $ 285,000 | $ 36,000 |
| Bedford County Tennessee | 1 | $ 177,000 | $ 177,000 | $ 31,000 |
| Carroll County Tennessee | 1 | $ 209,000 | $ 209,000 | $ 108,000 |
| Claiborne County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 29,000 |
| Decatur County Tennessee | 1 | $ 124,000 | $ 124,000 | $ 83,000 |
| Lewis County Tennessee | 1 | $ 130,000 | $ 130,000 | $ 18,000 |
| Madison County Tennessee | 1 | $ 50,000 | $ 50,000 | $ 16,000 |
| Marshall County Tennessee | 1 | $ 129,000 | $ 129,000 | $ 61,000 |
| Montgomery County Tennessee | 1 | $ 126,000 | $ 126,000 | $ 31,000 |
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 Platinum Financial Funding, Llc in 2017
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 | 757 | $112,163,000 | $148,000 | $576,000 | $58,000 | $977,000 |
| Refinancing | 167 | $27,946,000 | $167,000 | $535,000 | $67,000 | $267,000 |
| 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 | 768 | $119,161,000 | $155,000 | $576,000 | $61,000 | $977,000 |
| Black or African American | 97 | $12,690,000 | $130,000 | $417,000 | $50,000 | $267,000 |
| Not Provided | 30 | $3,770,000 | $125,000 | $292,000 | $54,000 | $298,000 |
| Hispanic | 23 | $3,792,000 | $164,000 | $417,000 | $53,000 | $132,000 |
| Asian | 4 | $466,000 | $116,000 | $146,000 | $41,000 | $67,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $230,000 | $115,000 | $116,000 | $72,000 | $88,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 418 | $57,691,000 | $138,000 | $475,000 | $48,000 | $167,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 319 | $55,432,000 | $173,000 | $576,000 | $78,000 | $977,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 105 | $12,988,000 | $123,000 | $247,000 | $44,000 | $298,000 |
| VA-guaranteed (Veterans Administration) | 82 | $13,998,000 | $170,000 | $388,000 | $61,000 | $240,000 |
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 | 530 | $90,259,000 | $170,000 | $576,000 | $68,000 | $335,000 |
| Preapproval Denied by Financial Institution | 249 | $27,561,000 | $110,000 | $400,000 | $43,000 | $977,000 |
| Application Withdrawn By Applicant | 63 | $11,153,000 | $177,000 | $535,000 | $65,000 | $267,000 |
| Application Denied By Financial Institution | 61 | $7,926,000 | $129,000 | $353,000 | $44,000 | $119,000 |
| Application Approved But Not Accepted | 20 | $3,113,000 | $155,000 | $389,000 | $68,000 | $183,000 |
| File Closed For Incompleteness | 1 | $97,000 | $97,000 | $97,000 | $113,000 | $113,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 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 | 125 | $14,380,000 | $115,000 | $400,000 | $40,000 | $138,000 |
| Debt-To-Income Ratio | 29 | $3,595,000 | $123,000 | $344,000 | $32,000 | $59,000 |
| Other | 7 | $583,000 | $83,000 | $111,000 | $23,000 | $39,000 |
| Collateral | 5 | $587,000 | $117,000 | $167,000 | $47,000 | $67,000 |
| Employment History | 3 | $422,000 | $140,000 | $211,000 | $42,000 | $77,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $433,000 | $144,000 | $164,000 | $49,000 | $60,000 |
| Unverifiable Information | 2 | $156,000 | $78,000 | $86,000 | $33,000 | $42,000 |
| Mortgage Insurance Denied | 1 | $148,000 | $148,000 | $148,000 | $39,000 | $39,000 |
| 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.