Franklin County TN
Mortgage Loan Application
Totals and Details
for 2008

Find mortgage statistics and lending data for the Franklin County TN metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
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 Franklin 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 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 1,845
Total Mortgage Loan Application Amount $212,879,000
Average Mortgage Loan Application Amount $115,000
Highest Mortgage Loan Application Amount $804,000
Average Applicant Income $71,000
Highest Applicant Income $1,975,000

Mortgage Company List for Lending in Franklin County TN for 2008

* 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
ASCEND FEDERAL CREDIT UNION
520 AIRPARK DRIVE
TULLAHOMA, TN 37388
* $ 1,073,381,000 219 $ 16,890,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 121,054,736,000 188 $ 23,453,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 232,759,503,000 119 $ 13,897,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 87 $ 11,382,000
REGIONS BANK
1900 5TH AVENUE N - ALBH10903B
BIRMINGHAM, AL 35203
* $ 137,049,763,000 85 $ 11,296,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 77 $ 10,810,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 5,028,246,000 77 $ 3,218,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 72 $ 8,033,000
CITIFINANCIAL INC
300 ST PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 65 $ 2,918,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 65 $ 10,772,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 61 $ 6,476,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 47 $ 5,841,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 46 $ 7,183,000
CITIFINANCIAL SERVICES, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 37 $ 2,226,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 34 $ 4,331,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 31 $ 3,344,000
MORTGAGE COMPANY OF AMERICA,LL
2416 21ST AVE. SOUTH, SUITE 202
NASHVILLE, TN 37212
* $ 10,000,000 23 $ 2,768,000
WELLS FARGO FIN'L TENN 1, LLC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 19 $ 1,779,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 175,107,526,000 18 $ 2,738,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 16 $ 2,599,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 30,219,506,000 15 $ 2,361,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 15,757,171,000 15 $ 1,817,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 28,404,352,000 14 $ 1,686,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 14 $ 1,775,000
CRESCENT MORTGAGE COMPANY
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 978,554,000 14 $ 2,204,000
CITIZENS TRI-COUNTY BANK
P.O. BOX, 15699
DUNLAP, TN 37327
* $ 456,561,000 14 $ 1,532,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,312,794,218,000 14 $ 2,260,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 97,517,902,000 13 $ 69,000
ELOAN
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 12 $ 1,171,000
GUARANTY TRUST COMPANY
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 12 $ 1,565,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 11 $ 1,509,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 11 $ 1,173,000
FARM CREDIT MID-AMERICA, ACA
1601 UPS DRIVE
LOUISVILLE, KY 40223
* $ 10,000,000 10 $ 1,732,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 10 $ 750,000
CLAYTON BANK AND TRUST
520 WEST SUMMIT HILL DRIVE SUITE 801
KNOXVILLE, TN 37902
* $ 449,259,000 10 $ 494,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 36,725,591,000 10 $ 1,733,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 175,107,526,000 10 $ 472,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 8 $ 901,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 7 $ 829,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 7 $ 1,075,000
PINNACLE NATIONAL BANK
150 3RD AVENUE SOUTH, SUITE 900
NASHVILLE, TN 37201
* $ 2,542,615,000 7 $ 1,933,000
MOUNTAIN VALLEY BANK
17114 RANKIN AVE
DUNLAP, TN 37327
* $ 94,861,000 7 $ 67,000
TOWER COMMUNITY BANK
4564 MAIN ST
JASPER, TN 37347
* $ 62,968,000 6 $ 958,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 18,878,056,000 6 $ 2,499,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 14,839,190,000 6 $ 97,000
THE FIRST NATIONAL BANK OF MANCHESTER
100 W HIGH ST
MANCHESTER, TN 37355
* $ 173,615,000 6 $ 351,000
AMERICANMTGNETWORK DBA VERTICE
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 473,000,000,000 6 $ 1,477,000
GMS FUNDING, LLC
824 MEETING STREET
WEST COLUMBIA, SC 29169
* $ 417,745,000 6 $ 449,000
THE MORTGAGE OUTLET, INC.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 6 $ 793,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 56,294,475,000 5 $ 894,000
MORTGAGE INVESTORS GROUP
8320 E. WALKER SPRINGS LANE
KNOXVILLE, TN 37923
* $ 10,000,000 5 $ 867,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 61,450,273,000 5 $ 1,149,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 395,864,000 5 $ 257,000
WORTHINGTON FEDERAL BANK
3301 MEMORIAL PARKWAY SW
HUNTSVILLE, AL 35801
* $ 80,415,000 5 $ 745,000
BENEFICIAL FINANCIAL I, INC.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 11,000,000 5 $ 655,000
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 4 $ 469,000
BIRMINGHAM BANCORP MORTGAGE
6230 ORCHARD LAKE ROAD
WEST BLOOMFIELD, MI 48322
* $ 10,000,000 4 $ 420,000
AMERICAN EQUITY MORTGAGE, INC.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 4 $ 446,000
D & R MORTGAGE CORP
29870 MIDDLEBELT ROAD
FARMINGTON HILLS, MI 48334
* $ 10,000,000 4 $ 316,000
AVELO MORTGAGE, L.L.C
250 EAST JOHN CARPENTER FREEWAY
IRVING, TX 75062
* $ 10,000,000 4 $ 453,000
HOME LOAN CENTER
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 4 $ 695,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 4 $ 559,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 3 $ 247,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 3 $ 454,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 343,735,670,000 3 $ 338,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,251,715,000,000 3 $ 163,000
BRANCH BANKING AND TRUST CO
223 W NASH STREET
WILSON, NC 27893
* $ 127,698,351,000 3 $ 397,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 16,938,391,000 3 $ 291,000
GUARANTY BANK
8333 DOUGLAS AVENUE
DALLAS, TX 75225
* $ 16,674,004,000 2 $ 424,000
HOME LOAN INVESTMENT BANK
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 266,672,000 2 $ 173,000
WACHOVIA MORTGAGE CORP
301 S COLLEGE ST
CHARLOTTE, NC 28202
* $ 2,687,938,000 2 $ 394,000
WELLS FARGO BANK, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 653,269,000,000 2 $ 230,000
SECURITY ATLANTIC WHOLESALE
499 THORNALL ST, SUITE 220
EDISON, NJ 08837
* $ 10,000,000 2 $ 262,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 2 $ 189,000
ACOPIA, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ 100,000,000 2 $ 242,000
AMERITRUST MORTGAGE INC.
11016 RUSHMORE DRIVE, SUITE 200
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 225,000
SLM FINANCIAL CORPORATION
300 CONTINENTAL DRIVE
NEWARK, DE 19713
* $ 10,000,000 2 $ 15,000
CU FACTORY BUILT LENDING, LP
6061 IH-10 WEST
SAN ANTONIO, TX 78201
* $ 1,761,607,000 2 $ 148,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 33,011,920,000 2 $ 308,000
MERRILL LYNCH CREDIT CORP.
4804 DEER LAKE DRIVE EAST BLDG 3 FL 5
JACKSONVILLE, FL 32246
* $ 4,500,000,000 2 $ 629,000
SHELTER MORTGAGE COMPANY, LLC
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 12,000,000 1 $ 80,000
LIBERTY MORTGAGE CORPORATION
223 W NASH STREET
WILSON, NC 27893
* $ 2,406,088,000 1 $ 81,000
XCEED FINANCIAL
888 N. NASH ST
EL SEGUNDO, CA 90245
* $ 771,068,000 1 $ 670,000
AMERICAN AIRLINES FEDERAL CREDIT UNION
4151 AMON CARTER BLVD
FT WORTH, TX 76155
* $ 4,492,211,000 1 $ 133,000
LOS ANGELES POLICE FEDERAL CREDIT UNION
16150 SHERMAN WAY
VAN NUYS, CA 91406
* $ 634,324,000 1 $ 52,000
ATLANTA POSTAL
1605 BOGGS ROAD
DULUTH, GA 30096
* $ 1,538,411,000 1 $ 40,000
MID-ATLANTIC FINANCIAL SERVICE
200 GALLERIA PARKWAY SUITE 1300
ATLANTA, GA 30008
* $ 10,000,000 1 $ 171,000
PRIMARY RESIDENTIAL MORTGAGE
4750 W WILEY POST WAY SUITE 200
SALT LAKE CITY, UT 84116
* $ 10,000,000 1 $ 77,000
RESIDENTIAL FINANCE CORP.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 1 $ 144,000
ARK-LA-TEX FINANCIAL SERVICES
5160 TENNYSON PKWY, SUITE 2000W
PLANO, TX 75024
* $ 10,000,000 1 $ 107,000
REUNION MORTGAGE, INC
860 HILLVIEW COURT #300
MILPITAS, CA 95035
* $ 10,000,000 1 $ 73,000
ASSURITY FINANCIAL SERVICES
6025 SOUTH QUEBEC STREET, #260
ENGLEWOOD, CO 80111
* $ 10,000,000 1 $ 152,000
ALL STATE HOME MORTGAGE
26250 EUCLID AVE #901
EUCLID, OH 44132
* $ 4,148,000 1 $ 158,000
FIRST MORTGAGE GROUP, INC.
118 E. MOULTON STREET, TOP FLOOR
DECATUR, AL 35601
* $ 10,000,000 1 $ 108,000
ELITE MORTGAGE SERVICES
4704 HIXSON PIKE
HIXSON, TN 37343
* $ 10,000,000 1 $ 126,000
PREMIUM CAPITAL FUNDING LLC
125 JERICHO TPKE
JERICHO, NY 11753
* $ 10,000,000 1 $ 135,000
TMG REAL ESTATE & FINANCIAL
310 W. LIBERTY ST. STE 100
LOUISVILLE, KY 40202
* $ 292,000 1 $ 92,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 33,000
IDEAL MORTGAGE BANKERS, LTD
520 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 133,000
COASTAL MORTGAGE SERVICES, INC
11230 CARMEL COMMONS BOULEVARD
CHARLOTTE, NC 28226
* $ 10,000,000 1 $ 105,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 119,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 138,000
VOLUNTEER TRUST MORTGAGE CORP
301 S. PERIMETER PARK DRIVE #125
NASHVILLE, TN 37211
* $ 10,000,000 1 $ 135,000
EQUITY SERVICES, INC.
5711 SIX FORKS ROAD, STE 201
RALEIGH, NC 27609
* $ 10,000,000 1 $ 387,000
HAMILTON MORTGAGE
1 INDEPENDENCE PLAZA, SUITE 416
BIRMINGHAM, AL 35209
* $ 10,000,000 1 $ 122,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 116,000
CIMARRON MORTGAGE COMPANY
6311 RIDGEWOOD RD, SUITE 400W
JACKSON, MS 39211
* $ 10,000,000 1 $ 134,000
NETWORK FUNDING, L.P.
9700 RICHMOND, SUITE 320
HOUSTON, TX 77042
* $ 43,942,000 1 $ 114,000
AMERICAN MORTGAGE SPECIALISTS
16100 N GREENWAY HAYDEN LOOP STE 108
SCOTTSDALE, AZ 85260
* $ 38,791,000 1 $ 198,000
RANLIFE, INC.
9272 S. 700 E.
SANDY, UT 84070
* $ 303,000 1 $ 188,000
PINNACLE MORTGAGE GROUP, INC.
3605 SOUTH TELLER ST
LAKEWOOD, CO 80235
* $ 10,000,000 1 $ 172,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 225,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 138,755,343,000 1 $ 64,000
FIFTH THIRD BANK N. A.
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 2,517,923,000 1 $ 84,000
AMERICAN HOME BANK
3840 HEMPLAND ROAD
MOUNTVILLE, PA 17554
* $ 266,050,000 1 $ 352,000
HSBC MORTGAGE CORP
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 1 $ 107,000
CAPITAL ONE HOME LOANS, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 1 $ 157,000
CITI RESIDENTIAL LENDING INC.
153 EAST 53RD ST, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,121,487,000 1 $ 96,000
FIRST FARMERS AND MERCHANTS BANK
P.0. BOX 1148
COLUMBIA, TN 38401
* $ 819,883,000 1 $ 483,000
ACCESS NATIONAL MORTGAGE CORP
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 1 $ 123,000
DOVER MORTGAGE COMPANY
711 E. MOREHEAD ST
CHARLOTTE, NC 28202
* $ 1,817,511,000 1 $ 124,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 15,898,003,000 1 $ 62,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 5,518,089,000 1 $ 1,000
SHELTER FINANCIAL BANK
1817 W. BROADWAY
COLUMBIA, MO 65218
* $ 135,478,000 1 $ 57,000
MAGNA BANK
6525 N QUAIL HOLLOW RD SUITE 513
MEMPHIS, TN 38120
* $ 467,517,000 1 $ 205,000
AMERICAN STERLING BANK
535 S STERLING
SUGAR CREEK, MO 64054
* $ 272,321,000 1 $ 77,000
GUARANTY BANK, FSB
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 1,795,053,000 1 $ 80,000
SERVISFIRST BANK
2500 WOODCREST PLACE
HOMEWOOD, AL 35209
* $ 838,066,000 1 $ 485,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 1 $ 84,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 16,047,364,000 1 $ 109,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 3,608,000,000 1 $ 128,000
WILSON BANK AND TRUST
623 WEST MAIN STREET
LEBANON, TN 37087
* $ 1,334,074,000 1 $ 67,000
NORTH ALABAMA BANK
13914 HWY 231-431 NORTH
HAZEL GREEN, AL 35750
* $ 161,446,000 1 $ 42,000
COMMUNITY FIRST BANK & TRUST
501 S JAMES CAMPBELL BLVD
COLUMBIA, TN 38401
* $ 527,534,000 1 $ 62,000
THE FARMERS BANK
P. O. BOX 10, 120 VILLAGE DRIVE
PORTLAND, TN 37148
* $ 436,335,000 1 $ 234,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 1,926,032,000 1 $ 427,000
COLONIAL BANK
P. O BOX 1108
MONTGOMERY, AL 36101
* $ 25,937,048,000 1 $ 500,000
RELIANT BANK
1736 CAROTHERS PKWY., STE. 100
BRENTWOOD, TN 37027
* $ 205,324,000 1 $ 200,000

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 Franklin County TN in 2008

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 1,172 $139,417,000 $118,000 $804,000 $67,000 $1,015,000
Home Purchase 543 $65,680,000 $120,000 $500,000 $82,000 $1,975,000
Home Improvement 130 $7,782,000 $59,000 $567,000 $56,000 $400,000

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 1,491 $172,785,000 $115,000 $804,000 $72,000 $1,015,000
Not Provided 154 $17,239,000 $111,000 $670,000 $97,000 $1,975,000
Not applicable 108 $14,663,000 $135,000 $417,000 $34,000 $539,000
Black or African American 66 $5,265,000 $79,000 $200,000 $45,000 $104,000
Hispanic 13 $1,386,000 $106,000 $216,000 $50,000 $79,000
American Indian or Alaskan Native 9 $1,001,000 $111,000 $259,000 $61,000 $146,000
Asian 4 $540,000 $135,000 $150,000 $55,000 $60,000
Native Hawaiian or Other Pacific Islander 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) 1,368 $158,430,000 $115,000 $804,000 $80,000 $1,975,000
FHA-insured (Federal Housing Administration) 395 $45,264,000 $114,000 $274,000 $46,000 $134,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 49 $4,399,000 $89,000 $142,000 $24,000 $54,000
VA-guaranteed (Veterans Administration) 33 $4,786,000 $145,000 $362,000 $55,000 $146,000

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 796 $92,303,000 $115,000 $630,000 $84,000 $1,506,000
Application Denied By Financial Institution 435 $43,787,000 $100,000 $804,000 $52,000 $673,000
Loan Purchased By The Institution 290 $40,277,000 $138,000 $417,000 $60,000 $563,000
Application Withdrawn By Applicant 198 $24,566,000 $124,000 $417,000 $83,000 $1,975,000
Application Approved But Not Accepted 84 $7,460,000 $88,000 $804,000 $58,000 $290,000
File Closed For Incompleteness 42 $4,486,000 $106,000 $274,000 $63,000 $289,000
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 65 $4,719,000 $72,000 $500,000 $55,000 $400,000
Collateral 47 $5,916,000 $125,000 $725,000 $73,000 $320,000
Debt-To-Income Ratio 30 $3,563,000 $118,000 $670,000 $48,000 $120,000
Other 25 $2,464,000 $98,000 $804,000 $51,000 $301,000
Credit Application Incomplete 9 $881,000 $97,000 $171,000 $44,000 $81,000
Unverifiable Information 2 $351,000 $175,000 $201,000 $101,000 $125,000
Insufficient Cash (Downpayment, Closing Cost) 2 $372,000 $186,000 $305,000 $69,000 $103,000
Employment History 1 $61,000 $61,000 $61,000 $19,000 $19,000
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