Rhea County, TN Mortgage Lenders & HMDA Data, 2012

In 2012, lenders reported 1,628 mortgage applications in Rhea County, TN totaling $182.9 million, up 11% from 2011. The average application was for $112,000, and applicants reported an average income of $62,000. 46% of applications resulted in an originated loan and 21% were denied. The most active lender was Wells Fargo Bank NA, with 160 applications, followed by Vanderbilt Mortgage and Finance, Inc and Simplybank..

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Total Number of Mortgage Applications 1,628
Total Mortgage Loan Application Amount $182,866,000
Average Mortgage Loan Application Amount $112,000
Highest Mortgage Loan Application Amount $4,333,000
Average Applicant Income $62,000
Highest Applicant Income $3,000,000

Mortgage Company List for Lending in Rhea County, TN for 2012

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,161,490,000,000 160 $ 23,322,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 135 $ 8,476,000
Simplybank.

RINGGOLD, GA 30736
* $ 226,443,000 132 $ 7,670,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 330,470,810,000 93 $ 10,220,000
Community National Bank
1271 MARKET STREET
DAYTON, TN 37321
* $ 215,254,000 75 $ 6,740,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,811,678,000,000 69 $ 7,676,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 123,368,203,000 65 $ 5,529,000
Southeast Bank
192 N SEVEN OAKS DR
FARRAGUT, TN 37934
* $ 266,176,000 56 $ 4,003,000
Cimarron Mortgage Company
6311 RIDGEWOOD ROAD, SUITE 400W
JACKSON, MS 39211
* $ 10,000,000 54 $ 7,369,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 35 $ 3,790,000
Community Mortgage Corporation
142 TIMBER CREEK DRIVE
CORDOVA, TN 38018
* $ 10,000,000 35 $ 4,041,000
American Bank of Huntsville
3301 MEMORIAL PKWY SW
HUNTSVILLE, AL 35801
* $ 173,615,000 31 $ 4,674,000
Tennessee Valley Federal C U
535 CHESTNUT STREET
CHATTANOOGA, TN 37402
* $ 845,243,000 31 $ 3,174,000
River Valley Agcredit
P O BOX 309
PADUCAH, KY 42001
* $ 300,098,000 25 $ 2,889,000
Platinum Financial Funding, LLC
1913 GUNBARREL ROAD
CHATTANOOGA, TN 37421
* $ 1,071,000 25 $ 2,535,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,459,157,302,000 24 $ 3,069,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 21 $ 3,029,000
Home Point Mortgage Acceptance Corporation
121 RESEARCH BLVD
MADISON, AL 35758
* $ 580,000,000 20 $ 2,723,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 168,867,640,000 20 $ 2,573,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 19 $ 880,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 16 $ 2,476,000
Primary Capital
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ 10,000,000 15 $ 2,231,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,288,658,000,000 14 $ 1,423,000
Peoples Home Equity
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ 1,065,000 13 $ 1,612,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 13 $ 1,906,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,073,987,000 12 $ 441,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,291,705,000 12 $ 2,101,000
Ornl Federal Credit Union
221 SOUTH RUTGERS AVENUE
OAK RIDGE, TN 37830
* $ 1,354,422,000 11 $ 1,042,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 11 $ 1,199,000
Mortgage Investors Group
501 JAMES ROBERTSON PARKWAY
NASHVILLE, TN 37219
* $ 10,000,000 10 $ 1,328,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,997,931,000 10 $ 703,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 10 $ 1,105,000
Guaranty Trust Company
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 10 $ 1,212,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 10 $ 659,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 9 $ 1,856,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 9 $ 859,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 8 $ 757,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 978,405,000 7 $ 703,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 7 $ 789,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 52,181,685,000 6 $ 506,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,623,469,000 6 $ 880,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 24,563,405,000 5 $ 778,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 5 $ 683,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 5 $ 639,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 5 $ 998,000
United Community Bank
PO BOX 398
BLAIRSVILLE, GA 30512
* $ 6,977,357,000 5 $ 574,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 263,309,559,000 5 $ 588,000
Citizens National Bank
1612 S CONGRESS PKWY
ATHENS, TN 37303
* $ 534,947,000 5 $ 628,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 85,381,954,000 5 $ 801,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 5 $ 521,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 5 $ 519,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,898,665,000 4 $ 197,000
Builtwell Bank
728 BROAD STREET
CHATTANOOGA, TN 37402
* $ 641,567,000 4 $ 599,000
Knoxville Tva Employees Credit Union
301 WALL AVE
KNOXVILLE, TN 37932
* $ 1,016,051,000 4 $ 442,000
Origin Bank

HOUSTON, TX 77024
* $ 2,470,701,000 4 $ 452,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 4 $ 764,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 4 $ 653,000
Iserve Residential Lending
10920 VIA FRONTERA SUITE 520
SAN DIEGO, CA 92127
* $ 35,257,000 4 $ 490,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 4 $ 456,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 4 $ 570,000
Gfs Capital
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 3 $ 477,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 3 $ 398,000
Residential Acceptance Corporation
5027 W LAUREL ST
TAMPA, FL 33607
* $ 10,000,000 3 $ 303,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ 10,000,000 3 $ 176,000
Cmco Mortgage, LLC dba Home Le
7851 FREEWAY CIRCLE
MIDDLEBURG HEIGHTS, OH 44130
* $ 10,000,000 3 $ 472,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 46,925,466,000 3 $ 268,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ 941,000 3 $ 355,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,681,476,000 3 $ 264,000
Mountain Valley Bank
17114 RANKIN AVE
DUNLAP, TN 37327
* $ 97,139,000 3 $ 217,000
Citizens Tri County Bank
P.O. BOX, 15699
DUNLAP, TN 37327
* $ 568,463,000 3 $ 131,000
Texas Star Bank SSB
101 GASSAWAY
LOTT, TX 76656
* $ 75,989,000 3 $ 371,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 2 $ 269,000
Service Finance Company, LLC
555 S FEDERAL HIGHWAY SUITE 200
BOCA RATON, FL 33432
* $ 10,000,000 2 $ 21,000
Brand Mortgage Group, LLC
1255 LAKES PARKWAY, BLDG 300, ST 200
LAWRENCEVILLE, GA 30043
* $ 1,195,416,000 2 $ 656,000
Raymond James Bank N.A.
710 CARILLON PKWY
ST PETERSBURG, FL 33716
* $ 8,794,515,000 2 $ 584,000
Guaranty Bank
501 W NORTHSHORE DR. SUITE 400
GLENDALE, WI 53217
* $ 1,163,507,000 2 $ 453,000
Guaranty Mortgage Services LLC
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 1,270,503,000 2 $ 453,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 13,039,950,000 2 $ 180,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 2 $ 463,000
Ing Bank, FSB / Capital One
11130 INDUSTRIPLEX BLVD
BATON ROUGE, LA 70809
* $ 92,212,498,000 2 $ 178,000
Bank of Cleveland
75 BOBBY TAYLOR AVE
CLEVELAND, TN 37311
* $ 235,947,000 2 $ 102,000
Southern Heritage Bank
P.O. BOX 4730
CLEVELAND, TN 37320
* $ 223,653,000 2 $ 292,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 142,947,000 2 $ 187,000
Affiliated Mortgage Company
5700 LEGACY DRIVE STE 10
PLANO, TX 75024
* $ 212,423,000 2 $ 243,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,283,070,000 2 $ 238,000
Comtrust Federal Credit Union
1020 RIVERFRONT PARKWAY
CHATTANOOGA, TN 37402
* $ 343,086,000 2 $ 120,000
Chattanooga Area Schools Federal Credit Union
1201 BAILEY AVENUE
CHATTANOOGA, TN 37404
* $ 143,241,000 2 $ 82,000
Atlantic Capital Bank, National Association
1110 MARKET STREET SUITE 300
CHATTANOOGA, TN 37402
* $ 1,110,855,000 2 $ 188,000
Guardian Savings Bank, A Federal Savings Bank
6100 WEST CHESTER RD
WEST CHESTER, OH 45069
* $ 811,158,000 2 $ 98,000
Athens Federal Community Bank
106 WASHINGTON AVENUE (PO BOX 869)
ATHENS, TN 37371
* $ 283,311,000 2 $ 263,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,184,743,000 2 $ 598,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 2 $ 378,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 2 $ 281,000
Securitynational Mortgage Company
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ 10,000,000 2 $ 266,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 2 $ 661,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 460,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,056,671,000 2 $ 268,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 2 $ 293,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 2 $ 473,000
Residential Finance Corporatio
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 2 $ 332,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 107,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 110,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 1 $ 123,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 102,000
Wcs Lending, LLC
951 YAMATO ROAD, SUITE 150
BOCA RATON, FL 33431
* $ 25,076,000 1 $ 129,000
Acopia, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ 100,000,000 1 $ 196,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 160,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 1 $ 268,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 107,000
Southpoint Financial Services, Inc.
5955 SHILOH ROAD EAST, SUITE 200
ALPHARETTA, GA 30005
* $ 40,000,000 1 $ 128,000
Silverton Mortgage Specialists, Inc.
1201 PEACHTREE STREET NE STE 2050
ATLANTA, GA 30361
* $ 10,000,000 1 $ 112,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ 10,000,000 1 $ 102,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 78,000
Lsi Mortgage Plus
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 1 $ 197,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ 42,141,000 1 $ 99,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 171,291,705,000 1 $ 130,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 114,540,379,000 1 $ 47,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,736,579,000 1 $ 43,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 11,018,418,000 1 $ 215,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 78,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 1 $ 113,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 124,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 106,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 125,000
First Century Bank, National Association
807 DORSEY ST
GAINESVILLE, GA 30501
* $ 69,289,000 1 $ 251,000
First State Finance
2705 OLD FORT PARKWAY SUITE P
MURFREESBORO, TN 37128
* $ 103,640,000 1 $ 51,000
Georgia Banking Company
6190 POWERS FERRY ROAD, SUITE 150
ATLANTA, GA 30309
* $ 289,845,000 1 $ 135,000
First Bank of Georgia
2743 PERIMETER PKWY BLD 100, SUITE 100
AUGUSTA, GA 30909
* $ 493,073,000 1 $ 397,000
Citizens First Bank
PO BOX 1189
WARTBURG, TN 37887
* $ 155,759,000 1 $ 180,000
Trustmark National Bank
PO BOX 291
JACKSON, MS 39205
* $ 9,612,081,000 1 $ 104,000
Onemain Financial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 213,000,000 1 $ 56,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 114,540,379,000 1 $ 169,000
Edward Jones Mortgage, LLC
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,783,443,000 1 $ 187,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 25,513,620,000 1 $ 233,000
E*Trade Savings Bank
671 N. GLEBE RD 12TH FLOOR
ARLINGTON, VA 22203
* $ 1,677,184,000 1 $ 73,000
Commercial Bank
6710 CUMBERLAND GAP PARKWAY, PO BOX 400
HARROGATE, TN 37752
* $ 793,438,000 1 $ 117,000
Evolve Bank & Trust
6000 POPLAR AVENUE SUITE 300
MEMPHIS, TN 38119
* $ 247,163,000 1 $ 168,000
Mackinac Savings Bank FSB
280 N CONGRESS AVE
BOYNTON BEACH, FL 33426
* $ 122,723,000 1 $ 170,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 683,045,000 1 $ 73,000
Capitalmark Bank & Trust
801 BROAD STREET
CHATTANOOGA, TN 37402
* $ 662,071,000 1 $ 4,333,000
Crescent Mortgage Company
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 826,484,000 1 $ 143,000
Enrichment Federal Credit Unio
PO BOX 883
OAK RIDGE, TN 37831
* $ 352,610,000 1 $ 27,000
L&N Federal Credit Union
9265 SMYRNA PARKWAY
LOUISVILLE, KY 40229
* $ 706,416,000 1 $ 232,000
Andrew Johnson Bank
124 N MAIN STREET
GREENEVILLE, TN 37744
* $ 267,915,000 1 $ 135,000
Cornerstone Community Bank
6401 LEE HIGHWAY, SUITE 119
CHATTANOOGA, TN 37421
* $ 423,088,000 1 $ 417,000
Delta Community Credit Union
3270 RIVERWOOD PKWY
ATLANTA, GA 30339
* $ 4,172,543,000 1 $ 133,000
Northwest Georgia Bank
PO BOX 789
RINGGOLD, GA 30736
* $ 523,843,000 1 $ 5,000
Eastman Credit Union
P.O. BOX 1989
KINGSPORT, TN 37662
* $ 2,520,100,000 1 $ 83,000
Georgia United Credit Union
6705 SUGARLOAF PARKWAY
DULUTH, GA 30097
* $ 893,021,000 1 $ 160,000
CU Community, LLC
2077 TOWN CENTER BOULEVARD
KNOXVILLE, TN 37922
* $ 981,094,000 1 $ 125,000
First Liberty Financial Group
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ 1,000,000,000 1 $ 195,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 39,000
The Mortgage Outlet, Inc.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 1 $ 173,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 4,196,437,000 1 $ 200,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ 2,304,353,000 1 $ 65,000
Hometown Mortgage Services Inc
5511 HWY 280 E STE 210
BIRMINGHAM, AL 35242
* $ 10,000,000 1 $ 64,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 1 $ 46,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 80,000

The tables below break down 2012 mortgage applications in Rhea County, TN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Rhea County, TN in 2012

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 909 $121,357,000 $133,000 $4,333,000 $68,000 $3,000,000
Home Purchase 560 $56,040,000 $100,000 $501,000 $56,000 $1,235,000
Home Improvement 159 $5,469,000 $34,000 $1,597,000 $53,000 $718,000

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 1,354 $148,777,000 $109,000 $1,638,000 $66,000 $1,235,000
Not applicable 115 $18,121,000 $157,000 $4,333,000 $10,000 $301,000
Not Provided 114 $11,579,000 $101,000 $397,000 $83,000 $3,000,000
Hispanic 25 $2,289,000 $91,000 $389,000 $53,000 $164,000
Black or African American 8 $900,000 $112,000 $196,000 $34,000 $95,000
American Indian or Alaskan Native 6 $709,000 $118,000 $225,000 $37,000 $57,000
Asian 5 $402,000 $80,000 $134,000 $78,000 $127,000
Native Hawaiian or Other Pacific Islander 1 $89,000 $89,000 $89,000 $104,000 $104,000

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) 1,176 $126,959,000 $107,000 $4,333,000 $70,000 $3,000,000
FHA-insured (Federal Housing Administration) 263 $30,185,000 $114,000 $272,000 $38,000 $221,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 109 $11,697,000 $107,000 $191,000 $36,000 $68,000
VA-guaranteed (Veterans Administration) 80 $14,025,000 $175,000 $501,000 $62,000 $280,000

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 748 $84,765,000 $113,000 $4,333,000 $70,000 $1,235,000
Application Denied By Financial Institution 335 $30,665,000 $91,000 $450,000 $58,000 $3,000,000
Loan Purchased By The Institution 258 $35,966,000 $139,000 $501,000 $48,000 $449,000
Application Withdrawn By Applicant 151 $18,131,000 $120,000 $417,000 $65,000 $255,000
Application Approved But Not Accepted 95 $8,762,000 $92,000 $325,000 $54,000 $240,000
File Closed For Incompleteness 41 $4,577,000 $111,000 $280,000 $58,000 $188,000
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 59 $5,090,000 $86,000 $230,000 $55,000 $210,000
Collateral 36 $5,205,000 $144,000 $417,000 $81,000 $338,000
Debt-To-Income Ratio 27 $3,153,000 $116,000 $397,000 $47,000 $216,000
Credit Application Incomplete 18 $2,073,000 $115,000 $260,000 $229,000 $3,000,000
Other 9 $805,000 $89,000 $213,000 $77,000 $192,000
Insufficient Cash (Downpayment, Closing Cost) 4 $583,000 $145,000 $222,000 $39,000 $85,000
Unverifiable Information 2 $156,000 $78,000 $80,000 $7,000 $14,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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