Cannon County TN
Mortgage Loan Application
Totals and Details
for 2023

Find mortgage statistics and lending data for the Cannon County TN metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2023.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Cannon County TN, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 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 610
Total Mortgage Loan Application Amount $126,620,000
Average Mortgage Loan Application Amount $207,000
Highest Mortgage Loan Application Amount $1,505,000
Average Applicant Income $92,000
Highest Applicant Income $724,000

Mortgage Company List for Lending in Cannon County TN for 2023

* 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
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SACRAMENTO, CA 94583
* $ -1,000 32 $ 7,060,000
ASCEND FEDERAL CREDIT UNION
520 AIRPARK DRIVE
TULLAHOMA, TN 37388
* $ 3,874,614,000 31 $ 3,565,000
FIRSTBANK
11 CHANNING WAY
NASHVILLE, TN 38305
* $ 12,826,414,000 30 $ 4,570,000
CAPSTAR BANK
1201 DEMONBREUN ST #700
NASHVILLE, TN 37203
* $ 3,114,995,000 29 $ 4,065,000
REGIONS BANK
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 154,203,000,000 27 $ 2,465,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
WILMINGTON, DE 37902
* $ -1,000 25 $ 4,085,000
FARM CREDIT MID-AMERICA, ACA
1601 UPS DRIVE
LOUISVILLE, KY 40223
* $ -1,000 22 $ 8,110,000
PINNACLE BANK
150 3RD AVE SOUTH
NASHVILLE, TN 37201
* $ 41,842,515,000 18 $ 3,000,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WILMINGTON, DE 91361
* $ -1,000 17 $ 4,955,000
HOMELAND COMMUNITY BANK
900 N CHANCERY ST
MCMINNVILLE, TN 37110
* $ 229,717,000 17 $ 2,365,000
REDSTONE FEDERAL CREDIT UNION
220 WYNN DRIVE
HUNTSVILLE, AL 35893
* $ 7,599,949,000 16 $ 3,850,000
PRIMIS MORTGAGE COMPANY
1001 MILITARY CUTOFF RD STE 350
WILMINGTON, NC 28405
* $ -1,000 14 $ 3,900,000
UNITED WHOLESALE MORTGAGE, LLC
1414 EAST MAPLE ROAD
PLYMOUTH, MI 48083
* $ -1,000 13 $ 3,445,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
KNOXVILLE, TN 37804
* $ -1,000 12 $ 1,590,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WILMINGTON, DE 91367
* $ -1,000 11 $ 2,905,000
WILSON BANK AND TRUST
623 WEST MAIN STREET
LEBANON, TN 37087
* $ 4,267,402,000 11 $ 1,925,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
PEACHTREE CORNER, GA 30305
* $ -1,000 10 $ 2,410,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
NASHVILLE, TN 37129
* $ -1,000 10 $ 2,680,000
TRUIST BANK
3100 SMOKETREE CT FL 5
CHARLOTTE, NC 27604
* $ 546,228,000,000 9 $ 1,885,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
WILMINGTON, DE 29707
* $ -1,000 8 $ 1,520,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 8 $ 730,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
WILMINGTON, DE 06540
* $ -1,000 8 $ 2,230,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
CHARLOTTE, NC 91361
* $ 2,418,508,000,000 7 $ 865,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
SAINT LOUIS, MO 65203
* $ -1,000 7 $ 1,945,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
NASHVILLE, TN 37027
* $ -1,000 7 $ 1,255,000
FIRST VISION BANK OF TENNESSEE
1401 N. JACKSON STREET
TULLAHOMA, TN, TN 37388
* $ 382,987,000 7 $ 1,775,000
NEW AMERICAN FUNDING, LLC
14511 MYFORD ROAD, SUITE 100
DOVER, DE 92780
* $ -1,000 7 $ 2,045,000
DISCOVER BANK
12 READS WAY
GREENWOOD, DE 19720
* $ 129,461,046,000 7 $ 355,000
MORTGAGE INVESTORS GROUP, INC.
8320 E. WALKER SPRINGS LANE
NASHVILLE, TN 37923
* $ -1,000 5 $ 1,705,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
WILMINGTON, DE 75019
* $ -1,000 5 $ 675,000
LIBERTY
9520 ORMSBY STATION RD SUITE 20
EVANSVILLE, IN 40223
* $ 3,450,913,000 5 $ 1,275,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
WILMINGTON, DE 60613
* $ -1,000 5 $ 1,125,000
CROSSCOUNTRY MORTGAGE, LLC
6850 MILLER RD
WILMINGTON, DE 44141
* $ -1,000 4 $ 750,000
FIRST HORIZON BANK
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38101
* $ 78,672,073,000 4 $ 590,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
MT LAUREL, NJ 46037
* $ -1,000 4 $ 1,130,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
WILMINGTON, DE 19462
* $ -1,000 4 $ 1,470,000
CITIZENS BANK OF LAFAYETTE
400 HWY 52 BYPASS WEST
LAFAYETTE, TN 37083
* $ 1,484,968,000 4 $ 510,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
WILMINGTON, DE 92806
* $ -1,000 4 $ 1,290,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SACRAMENTO, CA 92121
* $ -1,000 4 $ 1,170,000
SMARTBANK
2430 TEASTER LANE
PIGEON FORGE, TN 37863
* $ 4,631,368,000 3 $ 465,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
WILMINGTON, DE 74133
* $ -1,000 3 $ 485,000
HERITAGE SOUTH COMMUNITY CU
P.O. BOX 1219
SHELBYVILLE, TN 37162
* $ 310,634,000 3 $ 315,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 16,995,485,000 3 $ 895,000
LEGACY HOME LOANS, LLC
4025 HILLSBORO PIKE #601
BRENTWOOD, TN 37215
* $ -1,000 3 $ 745,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
AUSTIN, TX 53718
* $ -1,000 3 $ 1,035,000
FIGURE LENDING LLC
15720 BRIXHAM HILL AVE, SUITE 300
WILMINGTON, DE 28277
* $ -1,000 3 $ 315,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
DOVER, DE 89052
* $ -1,000 3 $ 645,000
FLAGSTAR BANK, N.A.
5151 CORPORATE DRIVE
HICKSVILLE, NY 48098
* $ 90,036,656,000 3 $ 1,135,000
UNITED COMMUNITY BANK
PO BOX 398
GREENVILLE, SC 30512
* $ 23,954,627,000 3 $ 325,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
DOVER, DE 92610
* $ -1,000 3 $ 785,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
WILMINGTON, DE 11747
* $ -1,000 3 $ 915,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SACRAMENTO, CA 94066
* $ -1,000 2 $ 650,000
CB&S BANK, INC.
200 JACKSON AVE. S.
RUSSELLVILLE, AL 35653
* $ 2,442,888,000 2 $ 260,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 2 $ 510,000
MUTUAL OF OMAHA MORTGAGE, INC.
3131 CAMINO DEL RIO N 190
WILMINGTON, DE 92108
* $ -1,000 2 $ 230,000
COASTAL COMMUNITY BANK
PO BOX 12220
EVERETT, WA 98206
* $ 3,141,703,000 2 $ 60,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 2 $ 910,000
CALCON MUTUAL MORTGAGE LLC
3131 CAMINO DEL RIO N SUITE 1680
CAMDEN, DE 92108
* $ -1,000 2 $ 320,000
CANOPY MORTGAGE, LLC
380 TECHNOLOGY CT, SUITE 200
LEHI, UT 84042
* $ -1,000 2 $ 760,000
FIRSTTRUST HOME LOANS, INC.
906 SOUTH ROCK ST.
SHERIDAN, AR 72150
* $ -1,000 2 $ 820,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 2 $ 180,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 206,289,179,000 2 $ 480,000
PLAINS COMMERCE BANK
220 MAIN ST
SIOUX FALLS, SD 57450
* $ 1,054,618,000 2 $ 590,000
MILEND, INC.
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30350
* $ -1,000 1 $ 315,000
FIRST EAGLE
600 RED BROOK BLVD SUITE 350
OWINGS MILLS, MD 21117
* $ 109,617,000 1 $ 105,000
LADERA LENDING, INC.
555 CORPORATE DRIVE SUITE 215
SACRAMENTO, CA 92694
* $ -1,000 1 $ 85,000
CITIZENS TRI-COUNTY BANK
P.O. BOX, 15699
DUNLAP, TN 37327
* $ 1,249,213,000 1 $ 185,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 165,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
WILMINGTON, DE 15222
* $ 552,307,127,000 1 $ 15,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 1 $ 105,000
SIWELL, INC.
4210 50TH ST
LUBBOCK, TX 79413
* $ -1,000 1 $ 405,000
SETTLEMENT HOME LENDING, LLC
576 SAVANNAH HIGHWAY
CHARLESTON, SC 29407
* $ -1,000 1 $ 555,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 155,000
CEDARSTONE BANK
900 WEST MAIN ST
LEBANON, TN 37087
* $ 269,252,000 1 $ 365,000
CORNERSTONE CAPITAL BANK, SSB
1177 WEST LOOP SOUTH SUITE 200
DALLAS, TX 77027
* $ 1,991,593,000 1 $ 555,000
SOUTHWEST STAGE FUNDING, LLC
3345 S. VAL VISTA DRIVE, SUITE 300
TEMPE, AZ 85297
* $ -1,000 1 $ 115,000
LIBERTY HOME MORTGAGE CORPORATION
4401 ROCKSIDE RD 310
STRONGSVILLE, OH 44131
* $ -1,000 1 $ 345,000
BEELINE LOANS, INC.
188 VALLEY ST SUITE 225
PROVIDENCE, RI 02909
* $ -1,000 1 $ 75,000
DATA MORTGAGE, INC.
2200 W. ORANGEWOOD AVE SUITE 150
SACRAMENTO, CA 92868
* $ -1,000 1 $ 305,000
THE UNION BANK COMPANY
105 PROGRESSIVE DRIVE
COLUMBUS GROVE, OH 45830
* $ 1,084,777,000 1 $ 235,000
PINNACLE LENDING GROUP, INC.
6475 S RAINBOW BLVD #102
LAS VEGAS, NV 89118
* $ -1,000 1 $ 335,000
RESIDENTIAL WHOLESALE MORTGAGE, INC.
11234 EL CAMINO REAL #100
SAN DIEGO, CA 92130
* $ -1,000 1 $ 245,000
AMERICAN PACIFIC MORTGAGE CORPORATION
3000 LAVA RIDGE COURT, SUITE 200
SACRAMENTO, CA 95661
* $ -1,000 1 $ 315,000
LISTERHILL CREDIT UNION
P O BOX 566
MUSCLE SHOALS, AL 35660
* $ 1,315,892,000 1 $ 35,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
DOVER, DE 20759
* $ -1,000 1 $ 325,000
SWBC MORTGAGE CORPORATION
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ -1,000 1 $ 175,000
HFG HOLDINGS, LLC
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48084
* $ -1,000 1 $ 155,000
SUCCESS MORTGAGE PARTNERS, INC.
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 1 $ 155,000
ON Q FINANCIAL, LLC
4800 SCOTTSDALE RD SUITE 5500
SCOTTSDALE, AZ 85251
* $ -1,000 1 $ 255,000
1ST SIGNATURE LENDING, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 235,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
SACRAMENTO, CA 90703
* $ -1,000 1 $ 155,000
QUORUM FEDERAL CREDIT UNION
2500 WESTCHESTER AVENUE
HARRISON, NY 10577
* $ 1,154,561,000 1 $ 55,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
SACRAMENTO, PA 28273
* $ -1,000 1 $ 325,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 3,601,623,000 1 $ 215,000
CIS FINANCIAL SERVICES, INC.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 1 $ 145,000
HOME LOAN INVESTMENT BANK, F.S.B.
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 379,838,000 1 $ 25,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 780,976,000 1 $ 455,000
SOVEREIGN LENDING GROUP INCORPORATED
3540 HOWARD WAY STE # 200
COSTA MESA, CA 92626
* $ -1,000 1 $ 285,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
AUSTIN, TX 75254
* $ -1,000 1 $ 265,000
SOFI BANK, NATIONAL ASSOCIATION
2750 E COTTONWOOD PKWY STE 300
COTTONWOOD HEIGHTS, UT 84121
* $ 9,123,708,000 1 $ 105,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 1 $ 105,000
EQUITY PRIME MORTGAGE LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 175,000
SOUTHERN BANK OF TENNESSEE
1499 N. MT. JULIET RD.
MOUNT JULIET, TN 37122
* $ 372,312,000 1 $ 325,000
ENCORE BANK
1801 RAHLING RD
LITTLE ROCK, AR 72211
* $ 3,552,312,000 1 $ 1,075,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
MCLEAN, VA 22102
* $ 35,526,360,000 1 $ 355,000
TRUSTMARK NATIONAL BANK
PO BOX 291
JACKSON, MS 39205
* $ 18,013,146,000 1 $ 155,000
TEXANA BANK, NATIONAL ASSOCIATION
PO BOX 546
LINDEN, TX 75563
* $ 270,427,000 1 $ 275,000
AMERIS BANK
300 SOUTH MAIN STREET
ATLANTA, GA 31768
* $ 24,967,889,000 1 $ 235,000
REPUBLIC BANK & TRUST COMPANY
601 W MARKET ST
LOUISVILLE, KY 40202
* $ 5,825,549,000 1 $ 105,000
RIVER VALLEY AGCREDIT, ACA
P O BOX 309
PADUCAH, KY 42066
* $ -1,000 1 $ 415,000
THE FIRST NATIONAL BANK OF MIDDLE TENNESSEE
200 E MAIN ST
MCMINNVILLE, TN 37110
* $ 813,453,000 1 $ 365,000
STOCKTON MORTGAGE CORPORATION
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ -1,000 1 $ 225,000
CORNERSTONE FINANCIAL CREDIT UNION
1701 21ST AVE. SO./PO BOX 120729
NASHVILLE, TN 37212
* $ 584,412,000 1 $ 35,000
HIGHLANDS RESIDENTIAL MORTGAGE, LTD.
12001 NORTH CENTRAL EXPRESSWAY SUITE 750
DALLAS, TX 75243
* $ -1,000 1 $ 345,000
SPRING EQ, LLC
2929 ARCH ST
WILMINGTON, DE 19104
* $ -1,000 1 $ 25,000
HORIZON BANK
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 7,794,340,000 1 $ 65,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
SIOUX FALLS, SD 27150
* $ 1,717,531,000,000 1 $ 135,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MOUNT LAUREL, NJ 08054
* $ -1,000 1 $ 165,000
BANK OF TENNESSEE
301 E. CENTER ST.
KINGSPORT, TN 37660
* $ 1,788,405,000 1 $ 155,000
ACOPIA, LLC
306 NORTHCREEK BOULEVARD SUITE 100
NASHVILLE, TN 37072
* $ -1,000 1 $ 265,000
ISERVE RESIDENTIAL LENDING, LLC
15015 AVENUE OF SCIENCE
PHOENIX, AZ 92128
* $ -1,000 1 $ 195,000
HOMETRUST BANK
PO BOX 10
ASHEVILLE, NC 28802
* $ 3,646,842,000 1 $ 155,000
VOLUNTEER STATE BANK
101 HIGHWAY 52 W
PORTLAND, TN 37148
* $ 1,084,578,000 1 $ 205,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Cannon County TN in 2023

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 308 $77,690,000 $252,000 $1,075,000 $92,000 $401,000
Cash-out Refinancing 105 $24,465,000 $233,000 $1,505,000 $85,000 $724,000
Home Improvement 70 $5,260,000 $75,000 $325,000 $84,000 $283,000
Refinancing 65 $12,645,000 $194,000 $545,000 $96,000 $410,000
Other Purpose 62 $6,560,000 $105,000 $325,000 $105,000 $503,000
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 457 $91,535,000 $200,000 $1,505,000 $91,000 $724,000
Not Provided 75 $16,515,000 $220,000 $665,000 $95,000 $369,000
Not applicable 52 $13,810,000 $265,000 $665,000 $91,000 $181,000
Hispanic 17 $3,155,000 $185,000 $405,000 $89,000 $319,000
Black or African American 4 $830,000 $207,000 $295,000 $73,000 $91,000
Native Hawaiian or Other Pacific Islander 2 $260,000 $130,000 $155,000 $98,000 $101,000
American Indian or Alaskan Native 2 $270,000 $135,000 $235,000 $91,000 $101,000
Asian 1 $245,000 $245,000 $245,000 $110,000 $110,000

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) 447 $81,985,000 $183,000 $1,505,000 $96,000 $724,000
FHA-insured (Federal Housing Administration) 98 $24,790,000 $252,000 $675,000 $75,000 $166,000
VA-guaranteed (Veterans Administration) 59 $19,115,000 $323,000 $665,000 $82,000 $147,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $730,000 $121,000 $245,000 $82,000 $131,000

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 319 $68,295,000 $214,000 $765,000 $99,000 $724,000
Application Denied By Financial Institution 111 $17,565,000 $158,000 $805,000 $78,000 $369,000
Application Withdrawn By Applicant 68 $16,310,000 $239,000 $1,505,000 $91,000 $503,000
Loan Purchased By The Institution 51 $13,665,000 $267,000 $665,000 $105,000 $181,000
File Closed For Incompleteness 38 $6,650,000 $175,000 $1,005,000 $67,000 $183,000
Application Approved But Not Accepted 21 $3,655,000 $174,000 $445,000 $97,000 $283,000
Preapproval Approved but not Accepted 2 $480,000 $240,000 $325,000 $84,000 $115,000
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 480 $106,230,000 $221,000 $1,505,000 $95,000 $724,000
Debt-To-Income Ratio 51 $9,165,000 $179,000 $805,000 $73,000 $410,000
Credit History 40 $5,190,000 $129,000 $395,000 $92,000 $369,000
Collateral 16 $1,660,000 $103,000 $265,000 $78,000 $166,000
Credit Application Incomplete 8 $2,120,000 $265,000 $635,000 $97,000 $185,000
Other 6 $860,000 $143,000 $325,000 $101,000 $222,000
Unverifiable Information 5 $905,000 $181,000 $285,000 $72,000 $130,000
Employment History 2 $290,000 $145,000 $165,000 $31,000 $34,000
Insufficient Cash (Downpayment, Closing Cost) 2 $200,000 $100,000 $115,000 $69,000 $101,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending 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 refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

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