Tennessee
Mortgage Loan Application
Totals and Details
in 2019

Find mortgage statistics and mortgage data for Tennessee.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2019 in all of Tennessee.
You can organize this information by metropolitan area and by county.

Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 383,111
Total Mortgage Loan Application Amount $81,882,720,000
Average Mortgage Loan Application Amount $213,000
Highest Mortgage Loan Application Amount $79,905,000
Average Applicant Income $100,000
Highest Applicant Income $9,572,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in Tennessee, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also be organized by various details about Mortgage Loan Applications for each year, with 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, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Download the Tennessee Lender List

Mortgage Loan Application Detail Totals for Tennessee in 2019

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 190,704 $45,198,935,000 $237,000 $62,465,000 $101,000 $8,761,000
Refinancing 76,006 $18,255,590,000 $240,000 $79,905,000 $108,000 $9,572,000
Cash-out Refinancing 65,638 $13,529,720,000 $206,000 $47,305,000 $86,000 $4,324,000
Other Purpose 24,819 $2,411,235,000 $97,000 $19,605,000 $110,000 $8,342,000
Home Improvement 22,371 $2,041,805,000 $91,000 $28,945,000 $103,000 $8,806,000
Not Applicable 3,573 $445,435,000 $124,000 $955,000 $98,000 $587,000

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 255,690 $51,162,230,000 $200,000 $12,755,000 $102,000 $9,572,000
Not applicable 40,398 $13,416,365,000 $332,000 $79,905,000 $92,000 $4,890,000
Not Provided 37,903 $8,344,165,000 $220,000 $4,965,000 $111,000 $7,694,000
Black or African American 29,153 $4,828,795,000 $165,000 $2,975,000 $74,000 $4,440,000
Hispanic 10,330 $1,902,760,000 $184,000 $2,075,000 $79,000 $2,307,000
Asian 6,357 $1,534,655,000 $241,000 $2,975,000 $121,000 $8,806,000
American Indian or Alaskan Native 1,542 $270,880,000 $175,000 $1,125,000 $78,000 $1,868,000
Native Hawaiian or Other Pacific Islander 285 $54,825,000 $192,000 $1,265,000 $90,000 $682,000

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) 260,137 $56,575,480,000 $217,000 $79,905,000 $113,000 $9,572,000
FHA-insured (Federal Housing Administration) 65,719 $12,532,245,000 $190,000 $49,955,000 $62,000 $2,531,000
VA-guaranteed (Veterans Administration) 47,328 $11,296,420,000 $238,000 $1,945,000 $74,000 $2,280,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 9,927 $1,478,575,000 $148,000 $615,000 $50,000 $504,000

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 203,958 $46,374,740,000 $227,000 $79,905,000 $107,000 $8,806,000
Loan Purchased By The Institution 56,001 $12,505,405,000 $223,000 $10,105,000 $101,000 $4,890,000
Application Denied By Financial Institution 54,922 $8,031,920,000 $146,000 $60,005,000 $77,000 $9,572,000
Application Withdrawn By Applicant 44,583 $10,517,000,000 $235,000 $52,255,000 $99,000 $8,000,000
File Closed For Incompleteness 13,168 $2,467,830,000 $187,000 $18,075,000 $85,000 $4,664,000
Application Approved But Not Accepted 10,127 $1,916,465,000 $189,000 $20,615,000 $106,000 $6,600,000
Preapproval Approved but not Accepted 238 $46,340,000 $194,000 $765,000 $74,000 $381,000
Preapproval Denied by Financial Institution 114 $23,020,000 $201,000 $905,000 $58,000 $300,000

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 309,702 $70,048,395,000 $226,000 $79,905,000 $103,000 $8,806,000
Debt-To-Income Ratio 33,186 $6,128,630,000 $184,000 $49,955,000 $92,000 $8,342,000
Credit History 18,059 $1,837,425,000 $101,000 $2,755,000 $74,000 $6,484,000
Collateral 7,278 $1,082,500,000 $148,000 $10,155,000 $99,000 $9,572,000
Credit Application Incomplete 5,467 $1,034,905,000 $189,000 $4,005,000 $96,000 $2,737,000
Other 4,736 $1,017,370,000 $214,000 $60,005,000 $86,000 $1,800,000
Unverifiable Information 2,260 $309,880,000 $137,000 $1,725,000 $93,000 $3,256,000
Insufficient Cash (Downpayment, Closing Cost) 1,701 $290,215,000 $170,000 $2,805,000 $104,000 $3,000,000
Employment History 699 $129,275,000 $184,000 $1,915,000 $66,000 $840,000
Mortgage Insurance Denied 23 $4,125,000 $179,000 $485,000 $68,000 $161,000
Download the Tennessee Lender List

Mortgage Loan Application Totals in 2019 by Tennessee Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
CHATTANOOGA, TN-GA 23,962 $ 4,983,650,000 $ 207,000 $ 100,000
CLARKSVILLE, TN-KY 17,750 $ 3,374,600,000 $ 190,000 $ 80,000
CLEVELAND, TN 5,995 $ 1,012,605,000 $ 168,000 $ 84,000
JACKSON, TN 7,152 $ 1,063,980,000 $ 148,000 $ 80,000
JOHNSON CITY, TN 9,007 $ 1,420,215,000 $ 157,000 $ 80,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 9,721 $ 1,361,495,000 $ 140,000 $ 73,000
KNOXVILLE, TN 50,478 $ 9,927,510,000 $ 196,000 $ 97,000
MEMPHIS, TN-MS-AR 44,729 $ 8,925,805,000 $ 199,000 $ 110,000
MORRISTOWN, TN 6,639 $ 1,016,695,000 $ 153,000 $ 76,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 145,855 $ 39,302,470,000 $ 269,000 $ 115,000
Download the Tennessee Lender List

Mortgage Loan Application Totals in 2019 by Tennessee County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Anderson 4,026 $ 633,030,000 $ 157,000 $ 78,000
Bedford 2,660 $ 466,500,000 $ 175,000 $ 72,000
Benton 602 $ 68,770,000 $ 114,000 $ 81,000
Bledsoe 446 $ 61,310,000 $ 137,000 $ 70,000
Blount 8,179 $ 1,628,685,000 $ 199,000 $ 96,000
Bradley 5,315 $ 914,695,000 $ 172,000 $ 86,000
Campbell 1,794 $ 267,570,000 $ 149,000 $ 92,000
Cannon 825 $ 129,935,000 $ 157,000 $ 69,000
Carroll 1,011 $ 104,135,000 $ 103,000 $ 69,000
Carter 1,980 $ 262,980,000 $ 132,000 $ 68,000
Cheatham 2,992 $ 585,370,000 $ 195,000 $ 86,000
Chester 698 $ 92,930,000 $ 133,000 $ 70,000
Claiborne 1,108 $ 141,660,000 $ 127,000 $ 70,000
Clay 165 $ 19,445,000 $ 117,000 $ 99,000
Cocke 1,141 $ 144,665,000 $ 126,000 $ 68,000
Coffee 2,860 $ 461,500,000 $ 161,000 $ 73,000
Crockett 467 $ 52,875,000 $ 113,000 $ 70,000
Cumberland 2,870 $ 416,550,000 $ 145,000 $ 69,000
Davidson 48,124 $ 13,854,285,000 $ 287,000 $ 124,000
Decatur 374 $ 46,040,000 $ 123,000 $ 84,000
DeKalb 1,094 $ 164,740,000 $ 150,000 $ 85,000
Dickson 3,469 $ 640,105,000 $ 184,000 $ 79,000
Dyer 1,347 $ 166,575,000 $ 123,000 $ 73,000
Fayette 2,849 $ 637,455,000 $ 223,000 $ 103,000
Fentress 722 $ 99,390,000 $ 137,000 $ 64,000
Franklin 2,015 $ 340,725,000 $ 169,000 $ 91,000
Gibson 1,918 $ 239,460,000 $ 124,000 $ 76,000
Giles 1,211 $ 181,195,000 $ 149,000 $ 73,000
Grainger 971 $ 142,385,000 $ 146,000 $ 78,000
Greene 2,614 $ 365,870,000 $ 139,000 $ 70,000
Grundy 569 $ 60,165,000 $ 105,000 $ 69,000
Hamblen 2,797 $ 390,245,000 $ 139,000 $ 70,000
Hamilton 21,981 $ 4,710,875,000 $ 214,000 $ 102,000
Hancock 163 $ 17,215,000 $ 105,000 $ 65,000
Hardeman 669 $ 78,795,000 $ 117,000 $ 68,000
Hardin 954 $ 139,400,000 $ 146,000 $ 93,000
Hawkins 2,359 $ 304,405,000 $ 129,000 $ 66,000
Haywood 504 $ 49,860,000 $ 98,000 $ 66,000
Henderson 947 $ 117,755,000 $ 124,000 $ 69,000
Henry 1,172 $ 137,890,000 $ 117,000 $ 73,000
Hickman 1,120 $ 172,680,000 $ 154,000 $ 76,000
Houston 367 $ 51,695,000 $ 140,000 $ 75,000
Humphreys 769 $ 107,585,000 $ 139,000 $ 83,000
Jackson 373 $ 46,795,000 $ 125,000 $ 64,000
Jefferson 2,888 $ 485,760,000 $ 168,000 $ 81,000
Johnson 466 $ 70,130,000 $ 150,000 $ 73,000
Knox 28,375 $ 5,912,145,000 $ 208,000 $ 103,000
Lake 120 $ 9,270,000 $ 77,000 $ 64,000
Lauderdale 696 $ 57,230,000 $ 82,000 $ 58,000
Lawrence 1,506 $ 207,260,000 $ 137,000 $ 68,000
Lewis 459 $ 62,065,000 $ 135,000 $ 65,000
Lincoln 1,643 $ 248,455,000 $ 151,000 $ 72,000
Loudon 3,661 $ 791,765,000 $ 216,000 $ 95,000
Macon 1,122 $ 162,770,000 $ 145,000 $ 67,000
Madison 4,075 $ 708,575,000 $ 173,000 $ 85,000
Marion 1,295 $ 198,495,000 $ 153,000 $ 82,000
Marshall 2,043 $ 380,315,000 $ 186,000 $ 70,000
Maury 7,416 $ 1,544,390,000 $ 208,000 $ 84,000
McMinn 2,442 $ 337,650,000 $ 138,000 $ 69,000
McNairy 784 $ 82,330,000 $ 105,000 $ 65,000
Meigs 610 $ 94,600,000 $ 155,000 $ 84,000
Monroe 2,208 $ 331,150,000 $ 149,000 $ 70,000
Montgomery 17,052 $ 3,273,740,000 $ 191,000 $ 79,000
Moore 322 $ 58,020,000 $ 180,000 $ 86,000
Morgan 751 $ 91,185,000 $ 121,000 $ 66,000
Obion 963 $ 104,075,000 $ 108,000 $ 75,000
Overton 660 $ 91,270,000 $ 138,000 $ 60,000
Perry 226 $ 30,010,000 $ 132,000 $ 75,000
Pickett 128 $ 20,590,000 $ 160,000 $ 131,000
Polk 689 $ 101,255,000 $ 146,000 $ 69,000
Putnam 3,052 $ 519,700,000 $ 170,000 $ 82,000
Rhea 1,257 $ 194,925,000 $ 155,000 $ 78,000
Roane 2,828 $ 469,260,000 $ 165,000 $ 83,000
Robertson 5,153 $ 1,025,675,000 $ 199,000 $ 86,000
Rutherford 25,634 $ 5,937,740,000 $ 231,000 $ 87,000
Scott 633 $ 73,865,000 $ 116,000 $ 68,000
Sequatchie 702 $ 103,560,000 $ 147,000 $ 74,000
Sevier 7,389 $ 1,557,665,000 $ 210,000 $ 115,000
Shelby 38,597 $ 7,773,575,000 $ 201,000 $ 113,000
Smith 985 $ 161,125,000 $ 163,000 $ 75,000
Stewart 704 $ 101,650,000 $ 144,000 $ 81,000
Sullivan 7,370 $ 1,057,930,000 $ 143,000 $ 75,000
Sumner 15,343 $ 3,637,165,000 $ 237,000 $ 100,000
Tipton 3,311 $ 559,755,000 $ 169,000 $ 79,000
Trousdale 570 $ 105,950,000 $ 185,000 $ 87,000
Unicoi 643 $ 84,325,000 $ 131,000 $ 68,000
Union 991 $ 148,235,000 $ 149,000 $ 71,000
Van Buren 274 $ 36,040,000 $ 131,000 $ 80,000
Warren 1,372 $ 195,200,000 $ 142,000 $ 65,000
Washington 6,390 $ 1,073,470,000 $ 167,000 $ 85,000
Wayne 337 $ 41,445,000 $ 122,000 $ 67,000
Weakley 958 $ 104,580,000 $ 109,000 $ 72,000
White 1,153 $ 143,175,000 $ 124,000 $ 58,000
Williamson 22,023 $ 8,298,505,000 $ 376,000 $ 172,000
Wilson 12,251 $ 3,307,515,000 $ 269,000 $ 105,000

We hope these mortgage application details and statistics will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in Tennessee.

If you prefer, you can download a copy of the entire list of mortgage lenders in Tennessee and search similar information back through 2003.

Download the Tennessee Lender List