Traders & Farmers Bank Mortgage Lending & HMDA Data, 2018
In 2018, Traders & Farmers Bank of Haleyville, AL reported 312 mortgage applications totaling $23.8 million, up 2% from 2017. The average application was for $76,250, and applicants reported an average income of $84,221. 69% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Birmingham-Hoover, AL (32), Houston-The Woodlands-Sugar Land, TX (6) and Tampa-St. Petersburg-Clearwater, FL (5) (applications in parentheses).
| Mortgage Company & Address | Traders & Farmers Bank Po Box 550 Haleyville, AL 35565 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 312 |
| Total Mortgage Loan Application Amount | $23,790,000 |
| Average Mortgage Loan Application Amount | $76,250 |
| Highest Mortgage Loan Application Amount | $865,000 |
| Average Applicant Income | $84,221 |
| Highest Applicant Income | $912,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Traders & Farmers Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Outside any metro area | 224 | $ 16,680,000 | $ 74,464 | $ 75,000 |
| Birmingham-Hoover, AL | 32 | $ 2,920,000 | $ 91,250 | $ 69,000 |
| Houston-The Woodlands-Sugar Land, TX | 6 | $ 320,000 | $ 53,333 | $ 0 |
| Tampa-St. Petersburg-Clearwater, FL | 5 | $ 355,000 | $ 71,000 | $ 0 |
| Florence-Muscle Shoals, AL | 4 | $ 500,000 | $ 125,000 | $ 79,000 |
| Shreveport-Bossier City, LA | 3 | $ 115,000 | $ 38,333 | $ 0 |
| Auburn-Opelika, AL | 2 | $ 500,000 | $ 250,000 | $ 147,000 |
| Decatur, AL | 2 | $ 210,000 | $ 105,000 | $ 343,000 |
| Fort Worth-Arlington, TX | 2 | $ 80,000 | $ 40,000 | $ 0 |
| Huntsville, AL | 2 | $ 240,000 | $ 120,000 | $ 409,000 |
| North Port-Sarasota-Bradenton, FL | 2 | $ 190,000 | $ 95,000 | $ 0 |
| Orlando-Kissimmee-Sanford, FL | 2 | $ 100,000 | $ 50,000 | $ 0 |
| Alexandria, LA | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Anniston-Oxford-Jacksonville, AL | 1 | $ 45,000 | $ 45,000 | $ 0 |
| Atlanta-Sandy Springs-Roswell, GA | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Baton Rouge, LA | 1 | $ 45,000 | $ 45,000 | $ 0 |
| Beaumont-Port Arthur, TX | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Dothan, AL | 1 | $ 45,000 | $ 45,000 | $ 0 |
| Gainesville, FL | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Hammond, LA | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Jacksonville, NC | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Jonesboro, AR | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Kansas City, MO-KS | 1 | $ 75,000 | $ 75,000 | $ 92,000 |
| Knoxville, TN | 1 | $ 45,000 | $ 45,000 | $ 0 |
| Lafayette, LA | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Lake Charles, LA | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Little Rock-North Little Rock-Conway, AR | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Monroe, LA | 1 | $ 45,000 | $ 45,000 | $ 0 |
| Montgomery, AL | 1 | $ 45,000 | $ 45,000 | $ 0 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Odessa, TX | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Oklahoma City, OK | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Panama City, FL | 1 | $ 225,000 | $ 225,000 | $ 116,000 |
| Provo-Orem, UT | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Salt Lake City, UT | 1 | $ 75,000 | $ 75,000 | $ 0 |
| San Antonio-New Braunfels, TX | 1 | $ 25,000 | $ 25,000 | $ 0 |
| Santa Fe, NM | 1 | $ 45,000 | $ 45,000 | $ 0 |
| Tulsa, OK | 1 | $ 95,000 | $ 95,000 | $ 0 |
Mortgage Loan Application Detail Totals for Traders & Farmers Bank in 2018
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 | 177 | $14,835,000 | $83,000 | $795,000 | $95,000 | $912,000 |
| Refinancing | 79 | $5,015,000 | $63,000 | $865,000 | $68,000 | $297,000 |
| Cash-out Refinancing | 37 | $2,905,000 | $78,000 | $375,000 | $70,000 | $299,000 |
| Home Improvement | 17 | $915,000 | $53,000 | $165,000 | $78,000 | $207,000 |
| Other Purpose | 2 | $120,000 | $60,000 | $85,000 | $87,000 | $144,000 |
| 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 | 227 | $18,985,000 | $83,000 | $865,000 | $82,000 | $912,000 |
| Not applicable | 76 | $4,140,000 | $54,000 | $155,000 | $0 | $0 |
| Hispanic | 5 | $295,000 | $59,000 | $135,000 | $28,000 | $60,000 |
| Black or African American | 2 | $50,000 | $25,000 | $35,000 | $65,000 | $65,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $295,000 | $295,000 | $295,000 | $103,000 | $103,000 |
| Asian | 1 | $25,000 | $25,000 | $25,000 | $37,000 | $37,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 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) | 312 | $23,790,000 | $76,000 | $865,000 | $81,000 | $912,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 216 | $18,770,000 | $86,000 | $865,000 | $84,000 | $912,000 |
| Loan Purchased By The Institution | 74 | $3,910,000 | $52,000 | $155,000 | $0 | $0 |
| Application Denied By Financial Institution | 16 | $730,000 | $45,000 | $105,000 | $48,000 | $76,000 |
| Application Withdrawn By Applicant | 4 | $180,000 | $45,000 | $75,000 | $29,000 | $60,000 |
| Application Approved But Not Accepted | 2 | $200,000 | $100,000 | $185,000 | $49,000 | $80,000 |
| File Closed For Incompleteness | 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 | 296 | $23,060,000 | $77,000 | $865,000 | $83,000 | $912,000 |
| Credit History | 16 | $730,000 | $45,000 | $105,000 | $48,000 | $76,000 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 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 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Traders & Farmers Bank's 2018 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 Traders & Farmers 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 Alabama, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About