Weakley County, TN Mortgage Lenders & HMDA Data, 2025

In 2025, lenders reported 1,109 mortgage applications in Weakley County, TN totaling $200.8 million, up 6% from 2024. The average application was for $181,000, and applicants reported an average income of $100,000. 50% of applications resulted in an originated loan and 22% were denied. The most active lender was Simmons Bank, with 87 applications, followed by Regions Bank and PennyMac Loan Services LLC.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,109
Total Mortgage Loan Application Amount $200,775,000
Average Mortgage Loan Application Amount $181,000
Highest Mortgage Loan Application Amount $6,375,000
Average Applicant Income $100,000
Highest Applicant Income $1,634,000

Mortgage Company List for Lending in Weakley County, TN for 2025

* 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
Simmons Bank
501 MAIN
PINE BLUFF, AR 71601
* $ n/a 87 $ 9,145,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ n/a 59 $ 4,795,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 53 $ 9,875,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ n/a 46 $ 9,010,000
Leaders Credit Union
35 STONEBRIDGE BLVD.
JACKSON, TN 38305
* $ n/a 44 $ 5,660,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 38 $ 8,390,000
First Community Bank of the Heartland, Inc.
114 E JACKSON ST
CLINTON, KY 42031
* $ n/a 32 $ 5,050,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ n/a 31 $ 3,825,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 30 $ 6,830,000
Ut Federal Credit Union
2100 WHITE AVENUE
KNOXVILLE, TN 37919
* $ n/a 30 $ 4,190,000
Bank3
766 S WHITE STATION RD STE 5
MEMPHIS, TN 38119
* $ n/a 30 $ 6,140,000
First Citizens National Bank

NEWARK, OH 43055
* $ n/a 30 $ 5,040,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ n/a 28 $ 2,320,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 26 $ 3,430,000
Carroll Bank and Trust
19510 E MAIN ST
HUNTINGDON, TN 38344
* $ n/a 24 $ 3,790,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 22 $ 5,070,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ n/a 18 $ 2,370,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 17 $ 2,905,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 13 $ 2,105,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 13 $ 2,665,000
Commercial Bank & Trust Company
P.O. BOX 1000
PARIS, TN 38242
* $ n/a 13 $ 10,745,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 13 $ 1,335,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 12 $ 2,470,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 12 $ 2,410,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 12 $ 2,000,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 11 $ 1,925,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ n/a 10 $ 1,510,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 10 $ 1,120,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 9 $ 1,215,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ n/a 9 $ 2,745,000
Security Bank and Trust Company
110 S MAIN ST
DYER, TN 38330
* $ n/a 9 $ 8,305,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 9 $ 1,545,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 9 $ 2,355,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ n/a 8 $ 1,150,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 8 $ 1,570,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 8 $ 1,010,000
Legends Bank
P.O. BOX 1066
CLARKSVILLE, TN 37041
* $ n/a 7 $ 1,165,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 7 $ 625,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 6 $ 680,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 5 $ 215,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ n/a 5 $ 915,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 5 $ 405,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 5 $ 655,000
Mortgage Investors Group
501 JAMES ROBERTSON PARKWAY
NASHVILLE, TN 37219
* $ n/a 5 $ 1,255,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 5 $ 985,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 4 $ 1,690,000
Centennial Bank
P.O. BOX 308
TREZEVANT, TN 38258
* $ n/a 4 $ 1,330,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ n/a 4 $ 1,060,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 4 $ 540,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 4 $ 590,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 4 $ 960,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 4 $ 260,000
McKenzie Banking Company
676 N MAIN ST
MCKENZIE, TN 38201
* $ n/a 4 $ 220,000
Loanunited.Com, LLC
3235 SATELLITE BLVD SUITE 314
DULUTH, GA 30096
* $ n/a 3 $ 725,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 3 $ 395,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 3 $ 585,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 3 $ 345,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 3 $ 145,000
Lendage, LLC dba Achieve Loans
1875 S GRANT ST
SAN MATEO, CA 94402
* $ n/a 3 $ 145,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ n/a 3 $ 325,000
Security Bank
120 N MILL AVE
DYERSBURG, TN 38024
* $ n/a 3 $ 345,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 3 $ 645,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 3 $ 335,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 3 $ 485,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 3 $ 185,000
Redstone Federal Credit Union
220 WYNN DRIVE
HUNTSVILLE, AL 35893
* $ n/a 2 $ 180,000
Bank Ozk
PO BOX 8811
LITTLE ROCK, AR 72231
* $ n/a 2 $ 350,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 2 $ 410,000
Community Bank
19 NATCHEZ TRACE DR
LEXINGTON, TN 38351
* $ n/a 2 $ 150,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ n/a 2 $ 580,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ n/a 2 $ 250,000
Change Lending
175 N. RIVERVIEW DRIVE SUITE C
ANAHEIM, CA 92808
* $ n/a 2 $ 260,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ n/a 2 $ 150,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 2 $ 290,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ n/a 2 $ 400,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 2 $ 280,000
Champions Funding, LLC
365 E GERMANN RD #140
GILBERT, AZ 85297
* $ n/a 2 $ 330,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ n/a 2 $ 580,000
River Valley Agcredit
P O BOX 309
PADUCAH, KY 42001
* $ n/a 2 $ 550,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ n/a 2 $ 310,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ n/a 2 $ 110,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 2 $ 520,000
Primis Bank

GLEN ALLEN, VA 23060
* $ n/a 2 $ 400,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ n/a 1 $ 25,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ n/a 1 $ 105,000
Shelter Lending Services, LLC

FORT WASHINGTON, PA 19034
* $ n/a 1 $ 105,000
Bayshore Mortgage Funding
1920 GREENSPRING DRIVE, SUITE 140
TIMONIUM, MD 21093
* $ n/a 1 $ 125,000
Eustis Mortgage Corp
1100 POYDRAS STREET SUITE 2525
NEW ORLEANS, LA 70115
* $ n/a 1 $ 265,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 1 $ 175,000
Assurance Financial Group, L.L.C.
9029 JEFFERSON HIGHWAY SUITE 100
BATON ROUGE, LA 70809
* $ n/a 1 $ 155,000
Advantagefirst Lending Inc
2 SOUTH POINTE DRIVE SUITES 200-235
LAKE FOREST, CA 92630
* $ n/a 1 $ 165,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ n/a 1 $ 275,000
Fnb Bank Inc
101 E BROADWAY
MAYFIELD, KY 42066
* $ n/a 1 $ 155,000
Guidance Residential, LLC
11107 SUNSET HILLS ROAD, STES 100 & 200
RESTON, VA 20190
* $ n/a 1 $ 255,000
Canopy Mortgage, LLC
360 TECHNOLOGY COURT STE. 200
LINDON, UT 84003
* $ n/a 1 $ 245,000
Dart Bank
368 S. PARK ST.
MASON, MI 48854
* $ n/a 1 $ 155,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ n/a 1 $ 135,000
Servbank, N.A.
3201 ORCHARD RD
OSWEGO, IL 60543
* $ n/a 1 $ 325,000
Southwest Funding LP
13150 COIT ROAD STE 100
DALLAS, TX 75240
* $ n/a 1 $ 95,000
Volunteer Bank
101 HIGHWAY 52 W
PORTLAND, TN 37148
* $ n/a 1 $ 235,000
Rf Renovo Management Company, LLC
222 W ADAMS ST #1980
CHICAGO, IL 60606
* $ n/a 1 $ 115,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ n/a 1 $ 215,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ n/a 1 $ 185,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 1 $ 55,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ n/a 1 $ 25,000
Liberty Federal Credit Union
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ n/a 1 $ 365,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ n/a 1 $ 175,000
Presidential Bank, FSB
4600 EAST WEST HIGHWAY, SUITE 400
BETHESDA, MD 20814
* $ n/a 1 $ 575,000
Farmers Insurance Federal Credit Union
4601 WILSHIRE BL. STE 110
BURBANK, CA 91504
* $ n/a 1 $ 255,000
Sage Home Loans Corporation
1423 RED VENTURES DRIVE SUITE 201
FORT MILL, SC 29707
* $ n/a 1 $ 315,000
Hancock Whitney Bank
2510 14TH STREET
GULFPORT, MS 39501
* $ n/a 1 $ 205,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 1 $ 1,105,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 1 $ 335,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ n/a 1 $ 515,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ n/a 1 $ 125,000
Community Financial Services Bank
221 WEST FIFTH STREET MARSHALL
BENTON, KY 42025
* $ n/a 1 $ 245,000
First Kentucky Bank
223 S 6TH ST P.O BOX 367
MAYFIELD, KY 42066
* $ n/a 1 $ 165,000
Ladera Lending, Inc.
555 CORPORATE DRIVE SUITE 215
LADERA RANCH, CA 92694
* $ n/a 1 $ 85,000
Altra Federal Credit Union
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ n/a 1 $ 455,000
Armed Forces Bank, N.A.
320 KANSAS AVENUE
FORT LEAVENWORTH, KS 66027
* $ n/a 1 $ 315,000
Northwest Bank
100 LIBERTY STREET
WARREN, PA 16365
* $ n/a 1 $ 185,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ n/a 1 $ 175,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ n/a 1 $ 255,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 1 $ 295,000
Banktennessee
1125 WEST POPLAR AVENUE
COLLIERVILLE, TN 38017
* $ n/a 1 $ 555,000
Chevron Federal Credit Union
2300 CLAYTON ROAD SUITE 700
CONCORD, CA 94520
* $ n/a 1 $ 55,000
Beeline Loans, Inc.
188 VALLEY ST SUITE 225
PROVIDENCE, RI 02909
* $ n/a 1 $ 95,000
Firstoak Bank
113 N PENN AVE, PO BOX 868
INDEPENDENCE, KS 67301
* $ n/a 1 $ 145,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ n/a 1 $ 805,000
Gte Federal Credit Union
711 E HENDERSON AVENUE
TAMPA, FL 33602
* $ n/a 1 $ 25,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ n/a 1 $ 155,000
Cbre Multifamily Capital, Inc.

HOUSTON, TX 77079
* $ n/a 1 $ 6,245,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 1 $ 105,000
Rpe Home, Inc
1312 17TH STREET SUITE 71618
DENVER, CO 80202
* $ n/a 1 $ 125,000
Mission Loans, LLC

IRVINE, CA 92612
* $ n/a 1 $ 115,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 1 $ 125,000
Sente Mortgage, Inc.
4520 BURNET ROAD
AUSTIN, TX 78756
* $ n/a 1 $ 125,000
Legacy Home Loans, LLC
4025 HILLSBORO PIKE #601
BRENTWOOD, TN 37027
* $ n/a 1 $ 275,000
Patriots Bank
131 E 4TH AVE PO BOX 327
GARNETT, KS 66032
* $ n/a 1 $ 65,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ n/a 1 $ 255,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ n/a 1 $ 205,000
Central Bank Illinois
101 N STATE ST
GENESEO, IL 61254
* $ n/a 1 $ 225,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 1 $ 215,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ n/a 1 $ 245,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ n/a 1 $ 805,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ n/a 1 $ 65,000
Consumers Credit Union
1075 TRI STATE PARKWAY STE 850
GURNEE, IL 60031
* $ n/a 1 $ 35,000
Ascend Federal Credit Union
520 AIRPARK DRIVE
TULLAHOMA, TN 37388
* $ n/a 1 $ 105,000
A+ Federal Credit Union
6420 US HWY 290 EAST
AUSTIN, TX 78723
* $ n/a 1 $ 165,000

The tables below break down 2025 mortgage applications in Weakley 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 Weakley County, TN in 2025

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 530 $113,950,000 $215,000 $6,375,000 $106,000 $1,634,000
Cash-out Refinancing 186 $34,490,000 $185,000 $1,105,000 $90,000 $381,000
Refinancing 168 $37,990,000 $226,000 $5,805,000 $110,000 $760,000
Home Improvement 113 $6,665,000 $58,000 $255,000 $91,000 $316,000
Other Purpose 111 $7,575,000 $68,000 $405,000 $87,000 $711,000
Not Applicable 1 $105,000 $105,000 $105,000 $49,000 $49,000

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 789 $123,975,000 $157,000 $1,555,000 $100,000 $1,634,000
Not applicable 117 $44,675,000 $381,000 $6,375,000 $101,000 $168,000
Not Provided 108 $17,480,000 $161,000 $535,000 $90,000 $596,000
Black or African American 46 $8,500,000 $184,000 $1,105,000 $85,000 $381,000
Hispanic 33 $3,575,000 $108,000 $255,000 $108,000 $1,218,000
Asian 13 $2,035,000 $156,000 $195,000 $143,000 $443,000
American Indian or Alaskan Native 2 $300,000 $150,000 $165,000 $356,000 $356,000
Native Hawaiian or Other Pacific Islander 1 $235,000 $235,000 $235,000 $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) 735 $127,475,000 $173,000 $6,375,000 $109,000 $1,634,000
FHA-insured (Federal Housing Administration) 198 $35,390,000 $178,000 $535,000 $72,000 $345,000
VA-guaranteed (Veterans Administration) 131 $30,415,000 $232,000 $725,000 $88,000 $256,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 45 $7,495,000 $166,000 $265,000 $62,000 $102,000

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 551 $109,935,000 $199,000 $6,375,000 $111,000 $1,464,000
Application Denied By Financial Institution 248 $29,580,000 $119,000 $805,000 $74,000 $760,000
Loan Purchased By The Institution 116 $23,130,000 $199,000 $1,105,000 $121,000 $381,000
Application Withdrawn By Applicant 94 $16,520,000 $175,000 $1,455,000 $108,000 $1,634,000
File Closed For Incompleteness 70 $10,790,000 $154,000 $485,000 $82,000 $356,000
Application Approved But Not Accepted 29 $10,665,000 $367,000 $5,805,000 $105,000 $814,000
Preapproval Approved but not Accepted 1 $155,000 $155,000 $155,000 $59,000 $59,000
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 743 $134,595,000 $181,000 $6,245,000 $101,000 $1,634,000
Debt-To-Income Ratio 189 $44,455,000 $235,000 $6,375,000 $112,000 $1,218,000
Credit History 83 $8,895,000 $107,000 $725,000 $83,000 $760,000
Collateral 40 $6,690,000 $167,000 $805,000 $97,000 $412,000
Credit Application Incomplete 24 $2,330,000 $97,000 $285,000 $66,000 $180,000
Other 19 $2,365,000 $124,000 $305,000 $65,000 $174,000
Unverifiable Information 7 $975,000 $139,000 $255,000 $56,000 $120,000
Employment History 3 $315,000 $105,000 $155,000 $44,000 $67,000
Insufficient Cash (Downpayment, Closing Cost) 1 $155,000 $155,000 $155,000 $123,000 $123,000
Mortgage Insurance Denied 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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