Franklin Federal Savings Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2009

Franklin Federal Savings Bank 2009 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.

Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher, this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.

Mortgage Company & Address Franklin Federal Savings Bank
P O Box 5310 4501 Cox Road
Glen Allen, VA 23058
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 336
Total Mortgage Loan Application Amount $72,356,000
Average Mortgage Loan Application Amount $205,666
Highest Mortgage Loan Application Amount $2,900,000
Average Applicant Income $75,666
Highest Applicant Income $509,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2009 with Franklin Federal Savings Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Franklin Federal Savings Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2009 breaks down Franklin Federal Savings Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Franklin Federal Savings Bank serves its applicants.

Each category highlights the total number of mortgage applications processed by Franklin Federal Savings Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Franklin Federal Savings Bank's mortgage activity for 2009.

Mortgage Loan Application Totals for Franklin Federal Savings Bank by County in 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Henrico County Virginia 107 $ 19,466,000 $ 181,000 $ 75,000
Chesterfield County Virginia 45 $ 8,999,000 $ 199,000 $ 75,000
Hanover County Virginia 44 $ 9,263,000 $ 210,000 $ 82,000
Richmond City County Virginia 41 $ 12,118,000 $ 295,000 $ 75,000
Goochland County Virginia 28 $ 7,403,000 $ 264,000 $ 115,000
New Kent County Virginia 7 $ 1,561,000 $ 223,000 $ 71,000
Louisa County Virginia 6 $ 1,394,000 $ 232,000 $ 77,000
Caroline County Virginia 4 $ 849,000 $ 212,000 $ 83,000
King William County Virginia 4 $ 614,000 $ 153,000 $ 130,000
Norfolk County Virginia 4 $ 1,926,000 $ 481,000 $ 0
Powhatan County Virginia 4 $ 799,000 $ 199,000 $ 11,000
Essex County Virginia 3 $ 490,000 $ 163,000 $ 52,000
Buckingham County Virginia 2 $ 196,000 $ 98,000 $ 0
Colonial Heights County Virginia 2 $ 518,000 $ 259,000 $ 97,000
Dinwiddie County Virginia 2 $ 512,000 $ 256,000 $ 53,000
King and Queen County Virginia 2 $ 572,000 $ 286,000 $ 94,000
Lancaster County Virginia 2 $ 447,000 $ 223,000 $ 75,000
Albemarle County Virginia 1 $ 120,000 $ 120,000 $ 78,000
Amelia County Virginia 1 $ 225,000 $ 225,000 $ 71,000
Charles City County Virginia 1 $ 278,000 $ 278,000 $ 0
Charlottesville County Virginia 1 $ 81,000 $ 81,000 $ 78,000
Cumberland County Virginia 1 $ 143,000 $ 143,000 $ 59,000
Fredericksburg County Virginia 1 $ 107,000 $ 107,000 $ 0
James City County Virginia 1 $ 88,000 $ 88,000 $ 0
Mecklenburg County Virginia 1 $ 236,000 $ 236,000 $ 282,000
Nottoway County Virginia 1 $ 128,000 $ 128,000 $ 0
Petersburg County Virginia 1 $ 110,000 $ 110,000 $ 85,000
Richmond County Virginia 1 $ 172,000 $ 172,000 $ 73,000
Sussex County Virginia 1 $ 97,000 $ 97,000 $ 0
Virginia Beach County Virginia 1 $ 120,000 $ 120,000 $ 51,000

Mortgage Loan Application Detail Totals for Franklin Federal Savings Bank in 2009

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 185 $40,266,000 $217,000 $2,900,000 $76,000 $459,000
Home Purchase 116 $25,885,000 $223,000 $971,000 $77,000 $509,000
Home Improvement 35 $6,205,000 $177,000 $648,000 $74,000 $297,000

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 275 $56,206,000 $204,000 $1,000,000 $82,000 $509,000
Black or African American 24 $4,316,000 $179,000 $428,000 $64,000 $154,000
Not applicable 20 $6,980,000 $349,000 $2,900,000 $5,000 $100,000
Asian 9 $2,996,000 $332,000 $580,000 $115,000 $348,000
Hispanic 3 $623,000 $207,000 $263,000 $96,000 $113,000
Not Provided 3 $1,082,000 $360,000 $545,000 $0 $0
Native Hawaiian or Other Pacific Islander 1 $69,000 $69,000 $69,000 $0 $0
American Indian or Alaskan Native 1 $84,000 $84,000 $84,000 $29,000 $29,000

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) 324 $70,496,000 $217,000 $2,900,000 $78,000 $509,000
FHA-insured (Federal Housing Administration) 12 $1,860,000 $155,000 $231,000 $41,000 $90,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 233 $48,910,000 $209,000 $2,900,000 $90,000 $509,000
Application Denied By Financial Institution 30 $7,251,000 $241,000 $912,000 $77,000 $246,000
Application Withdrawn By Applicant 21 $5,196,000 $247,000 $1,000,000 $0 $0
File Closed For Incompleteness 19 $3,371,000 $177,000 $369,000 $2,000 $53,000
Application Approved But Not Accepted 17 $4,304,000 $253,000 $620,000 $84,000 $181,000
Preapproval Denied by Financial Institution 16 $3,324,000 $207,000 $428,000 $59,000 $154,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 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
Debt-To-Income Ratio 24 $6,002,000 $250,000 $912,000 $63,000 $163,000
Collateral 9 $2,411,000 $267,000 $600,000 $99,000 $246,000
Credit History 8 $1,294,000 $161,000 $226,000 $34,000 $74,000
Other 5 $868,000 $173,000 $428,000 $120,000 $231,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Franklin Federal Savings Bank's 2009 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Franklin Federal Savings Bank's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Virginia, download the full spreadsheet with aggregated HMDA statistics today.

Download the Virginia Lender List