Independent Bank
Mortgage Loan Application
Totals and Details
for 2020
Find mortgage loan statistics, lending data, and loan application totals for Tennessee.
The mortgage statistics and data below are specific to mortgage loan applications for Independent Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| Mortgage Company & Address | Independent Bank 5050 Poplar Avenue Ste 2100 Memphis, TN 38157 Tel #: available with data download |
| Federal Regulator | * available with data download |
| 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 | 1,251 |
| Total Mortgage Loan Application Amount | $314,025,000 |
| Average Mortgage Loan Application Amount | $255,000 |
| Highest Mortgage Loan Application Amount | $1,105,000 |
| Average Applicant Income | $130,000 |
| Highest Applicant Income | $960,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in TN, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Shelby County Tennessee | 573 | $ 137,185,000 | $ 239,000 | $ 129,000 |
| Hamilton County Tennessee | 178 | $ 42,480,000 | $ 238,000 | $ 98,000 |
| DeSoto County Mississippi | 46 | $ 9,570,000 | $ 208,000 | $ 78,000 |
| Fayette County Tennessee | 31 | $ 8,755,000 | $ 282,000 | $ 100,000 |
| Catoosa County Georgia | 27 | $ 5,495,000 | $ 203,000 | $ 70,000 |
| Jefferson County Alabama | 25 | $ 7,335,000 | $ 293,000 | $ 140,000 |
| Madison County Alabama | 21 | $ 5,395,000 | $ 256,000 | $ 132,000 |
| Jefferson County Kentucky | 18 | $ 5,680,000 | $ 315,000 | $ 160,000 |
| Walker County Georgia | 13 | $ 2,525,000 | $ 194,000 | $ 65,000 |
| Bradley County Tennessee | 13 | $ 2,405,000 | $ 185,000 | $ 98,000 |
| Fayette County Kentucky | 11 | $ 3,375,000 | $ 306,000 | $ 140,000 |
| Shelby County Alabama | 9 | $ 2,565,000 | $ 285,000 | $ 136,000 |
| Davidson County Tennessee | 9 | $ 3,075,000 | $ 341,000 | $ 178,000 |
| Orleans County Louisiana | 8 | $ 2,910,000 | $ 363,000 | $ 259,000 |
| Baldwin County Alabama | 7 | $ 2,065,000 | $ 295,000 | $ 171,000 |
| Limestone County Alabama | 7 | $ 1,675,000 | $ 239,000 | $ 135,000 |
| Crittenden County Arkansas | 7 | $ 1,855,000 | $ 265,000 | $ 224,000 |
| St. Tammany County Louisiana | 7 | $ 2,115,000 | $ 302,000 | $ 185,000 |
| Lafayette County Mississippi | 7 | $ 2,455,000 | $ 350,000 | $ 299,000 |
| Williamson County Tennessee | 7 | $ 2,695,000 | $ 385,000 | $ 235,000 |
| East Baton Rouge County Louisiana | 6 | $ 1,890,000 | $ 315,000 | $ 74,000 |
| Hardin County Tennessee | 6 | $ 970,000 | $ 161,000 | $ 151,000 |
| Marion County Tennessee | 6 | $ 950,000 | $ 158,000 | $ 72,000 |
| Tipton County Tennessee | 6 | $ 1,010,000 | $ 168,000 | $ 70,000 |
| Oldham County Kentucky | 5 | $ 1,795,000 | $ 359,000 | $ 130,000 |
| Marshall County Mississippi | 5 | $ 1,065,000 | $ 213,000 | $ 92,000 |
| Tuscaloosa County Alabama | 4 | $ 1,320,000 | $ 330,000 | $ 107,000 |
| Hillsborough County Florida | 4 | $ 1,110,000 | $ 277,000 | $ 171,000 |
| Boone County Kentucky | 4 | $ 1,240,000 | $ 310,000 | $ 214,000 |
| Jessamine County Kentucky | 4 | $ 1,290,000 | $ 322,000 | $ 131,000 |
| Rankin County Mississippi | 4 | $ 1,010,000 | $ 252,000 | $ 113,000 |
| Hardeman County Tennessee | 4 | $ 550,000 | $ 137,000 | $ 67,000 |
| Knox County Tennessee | 4 | $ 1,160,000 | $ 290,000 | $ 61,000 |
| Sequatchie County Tennessee | 4 | $ 730,000 | $ 182,000 | $ 63,000 |
| Cleburne County Arkansas | 3 | $ 1,135,000 | $ 378,000 | $ 317,000 |
| Palm Beach County Florida | 3 | $ 1,155,000 | $ 385,000 | $ 132,000 |
| Fayette County Georgia | 3 | $ 795,000 | $ 265,000 | $ 135,000 |
| Whitfield County Georgia | 3 | $ 525,000 | $ 175,000 | $ 81,000 |
| Kenton County Kentucky | 3 | $ 815,000 | $ 271,000 | $ 214,000 |
| Alcorn County Mississippi | 3 | $ 395,000 | $ 131,000 | $ 285,000 |
| Harrison County Mississippi | 3 | $ 665,000 | $ 221,000 | $ 155,000 |
| Madison County Mississippi | 3 | $ 915,000 | $ 305,000 | $ 131,000 |
| Montgomery County Tennessee | 3 | $ 955,000 | $ 318,000 | $ 101,000 |
| Autauga County Alabama | 2 | $ 380,000 | $ 190,000 | $ 63,000 |
| Cullman County Alabama | 2 | $ 540,000 | $ 270,000 | $ 90,000 |
| Lauderdale County Alabama | 2 | $ 930,000 | $ 465,000 | $ 338,000 |
| Lee County Alabama | 2 | $ 440,000 | $ 220,000 | $ 167,000 |
| Marshall County Alabama | 2 | $ 560,000 | $ 280,000 | $ 79,000 |
| Mobile County Alabama | 2 | $ 430,000 | $ 215,000 | $ 172,000 |
| Montgomery County Alabama | 2 | $ 350,000 | $ 175,000 | $ 89,000 |
| Talladega County Alabama | 2 | $ 560,000 | $ 280,000 | $ 107,000 |
| Pulaski County Arkansas | 2 | $ 340,000 | $ 170,000 | $ 296,000 |
| Los Angeles County California | 2 | $ 940,000 | $ 470,000 | $ 171,000 |
| San Diego County California | 2 | $ 1,200,000 | $ 600,000 | $ 174,000 |
| Larimer County Colorado | 2 | $ 550,000 | $ 275,000 | $ 117,000 |
| Alachua County Florida | 2 | $ 480,000 | $ 240,000 | $ 79,000 |
| Escambia County Florida | 2 | $ 590,000 | $ 295,000 | $ 316,000 |
| Manatee County Florida | 2 | $ 980,000 | $ 490,000 | $ 431,000 |
| Walton County Florida | 2 | $ 1,510,000 | $ 755,000 | $ 313,000 |
| Chatham County Georgia | 2 | $ 490,000 | $ 245,000 | $ 91,000 |
| Newton County Georgia | 2 | $ 360,000 | $ 180,000 | $ 57,000 |
| Campbell County Kentucky | 2 | $ 470,000 | $ 235,000 | $ 87,000 |
| Livingston County Louisiana | 2 | $ 480,000 | $ 240,000 | $ 111,000 |
| Tishomingo County Mississippi | 2 | $ 260,000 | $ 130,000 | $ 109,000 |
| Madison County Tennessee | 2 | $ 370,000 | $ 185,000 | $ 63,000 |
| Maury County Tennessee | 2 | $ 490,000 | $ 245,000 | $ 125,000 |
| McMinn County Tennessee | 2 | $ 320,000 | $ 160,000 | $ 86,000 |
| Rutherford County Tennessee | 2 | $ 670,000 | $ 335,000 | $ 121,000 |
| Dallas County Texas | 2 | $ 1,030,000 | $ 515,000 | $ 132,000 |
| Cherokee County Alabama | 1 | $ 115,000 | $ 115,000 | $ 159,000 |
| Colbert County Alabama | 1 | $ 295,000 | $ 295,000 | $ 150,000 |
| DeKalb County Alabama | 1 | $ 245,000 | $ 245,000 | $ 87,000 |
| Elmore County Alabama | 1 | $ 195,000 | $ 195,000 | $ 111,000 |
| Houston County Alabama | 1 | $ 225,000 | $ 225,000 | $ 154,000 |
| Winston County Alabama | 1 | $ 345,000 | $ 345,000 | $ 407,000 |
| Baxter County Arkansas | 1 | $ 315,000 | $ 315,000 | $ 315,000 |
| Sharp County Arkansas | 1 | $ 85,000 | $ 85,000 | $ 209,000 |
| St. Francis County Arkansas | 1 | $ 125,000 | $ 125,000 | $ 83,000 |
| Alameda County California | 1 | $ 665,000 | $ 665,000 | $ 183,000 |
| Monterey County California | 1 | $ 485,000 | $ 485,000 | $ 110,000 |
| Riverside County California | 1 | $ 335,000 | $ 335,000 | $ 132,000 |
| Garfield County Colorado | 1 | $ 725,000 | $ 725,000 | $ 273,000 |
| Brevard County Florida | 1 | $ 495,000 | $ 495,000 | $ 133,000 |
| Broward County Florida | 1 | $ 515,000 | $ 515,000 | $ 874,000 |
| Charlotte County Florida | 1 | $ 265,000 | $ 265,000 | $ 439,000 |
| Duval County Florida | 1 | $ 275,000 | $ 275,000 | $ 152,000 |
| Lee County Florida | 1 | $ 205,000 | $ 205,000 | $ 142,000 |
| Okaloosa County Florida | 1 | $ 325,000 | $ 325,000 | $ 160,000 |
| Carroll County Georgia | 1 | $ 455,000 | $ 455,000 | $ 167,000 |
| Chattooga County Georgia | 1 | $ 75,000 | $ 75,000 | $ 28,000 |
| Cherokee County Georgia | 1 | $ 275,000 | $ 275,000 | $ 88,000 |
| Cobb County Georgia | 1 | $ 365,000 | $ 365,000 | $ 182,000 |
| Dade County Georgia | 1 | $ 165,000 | $ 165,000 | $ 48,000 |
| Fulton County Georgia | 1 | $ 105,000 | $ 105,000 | $ 23,000 |
| Habersham County Georgia | 1 | $ 135,000 | $ 135,000 | $ 48,000 |
| Murray County Georgia | 1 | $ 295,000 | $ 295,000 | $ 147,000 |
| Walton County Georgia | 1 | $ 185,000 | $ 185,000 | $ 46,000 |
| Cook County Illinois | 1 | $ 445,000 | $ 445,000 | $ 201,000 |
| Johnson County Iowa | 1 | $ 475,000 | $ 475,000 | $ 501,000 |
| Bullitt County Kentucky | 1 | $ 225,000 | $ 225,000 | $ 81,000 |
| Franklin County Kentucky | 1 | $ 275,000 | $ 275,000 | $ 67,000 |
| Hardin County Kentucky | 1 | $ 225,000 | $ 225,000 | $ 85,000 |
| Harrison County Kentucky | 1 | $ 345,000 | $ 345,000 | $ 121,000 |
| Marion County Kentucky | 1 | $ 275,000 | $ 275,000 | $ 88,000 |
| Montgomery County Kentucky | 1 | $ 105,000 | $ 105,000 | $ 35,000 |
| Pendleton County Kentucky | 1 | $ 225,000 | $ 225,000 | $ 145,000 |
| Scott County Kentucky | 1 | $ 325,000 | $ 325,000 | $ 135,000 |
| Shelby County Kentucky | 1 | $ 345,000 | $ 345,000 | $ 119,000 |
| Warren County Kentucky | 1 | $ 275,000 | $ 275,000 | $ 107,000 |
| Woodford County Kentucky | 1 | $ 365,000 | $ 365,000 | $ 304,000 |
| Ascension County Louisiana | 1 | $ 295,000 | $ 295,000 | $ 252,000 |
| Evangeline County Louisiana | 1 | $ 325,000 | $ 325,000 | $ 107,000 |
| Jefferson County Louisiana | 1 | $ 515,000 | $ 515,000 | $ 165,000 |
| Lafayette County Louisiana | 1 | $ 235,000 | $ 235,000 | $ 127,000 |
| Lincoln County Louisiana | 1 | $ 245,000 | $ 245,000 | $ 57,000 |
| Rapides County Louisiana | 1 | $ 285,000 | $ 285,000 | $ 95,000 |
| West Baton Rouge County Louisiana | 1 | $ 255,000 | $ 255,000 | $ 136,000 |
| Emmet County Michigan | 1 | $ 335,000 | $ 335,000 | $ 252,000 |
| Mackinac County Michigan | 1 | $ 365,000 | $ 365,000 | $ 243,000 |
| Benton County Mississippi | 1 | $ 75,000 | $ 75,000 | $ 107,000 |
| Bolivar County Mississippi | 1 | $ 285,000 | $ 285,000 | $ 89,000 |
| Carroll County Mississippi | 1 | $ 185,000 | $ 185,000 | $ 113,000 |
| Hancock County Mississippi | 1 | $ 415,000 | $ 415,000 | $ 185,000 |
| Hinds County Mississippi | 1 | $ 175,000 | $ 175,000 | $ 46,000 |
| Lamar County Mississippi | 1 | $ 515,000 | $ 515,000 | $ 147,000 |
| Lee County Mississippi | 1 | $ 115,000 | $ 115,000 | $ 27,000 |
| Leflore County Mississippi | 1 | $ 235,000 | $ 235,000 | $ 112,000 |
| Monroe County Mississippi | 1 | $ 65,000 | $ 65,000 | $ 28,000 |
| Oktibbeha County Mississippi | 1 | $ 195,000 | $ 195,000 | $ 85,000 |
| Panola County Mississippi | 1 | $ 175,000 | $ 175,000 | $ 97,000 |
| Tate County Mississippi | 1 | $ 115,000 | $ 115,000 | $ 100,000 |
| Tunica County Mississippi | 1 | $ 45,000 | $ 45,000 | $ 46,000 |
| Mecklenburg County North Carolina | 1 | $ 405,000 | $ 405,000 | $ 164,000 |
| Surry County North Carolina | 1 | $ 525,000 | $ 525,000 | $ 104,000 |
| Warren County North Carolina | 1 | $ 465,000 | $ 465,000 | $ 161,000 |
| Montgomery County Pennsylvania | 1 | $ 175,000 | $ 175,000 | $ 98,000 |
| Lexington County South Carolina | 1 | $ 115,000 | $ 115,000 | $ 123,000 |
| Bledsoe County Tennessee | 1 | $ 175,000 | $ 175,000 | $ 52,000 |
| Campbell County Tennessee | 1 | $ 295,000 | $ 295,000 | $ 38,000 |
| Decatur County Tennessee | 1 | $ 115,000 | $ 115,000 | $ 239,000 |
| Jefferson County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 43,000 |
| McNairy County Tennessee | 1 | $ 315,000 | $ 315,000 | $ 116,000 |
| Roane County Tennessee | 1 | $ 235,000 | $ 235,000 | $ 211,000 |
| Sevier County Tennessee | 1 | $ 115,000 | $ 115,000 | $ 238,000 |
| Washington County Tennessee | 1 | $ 375,000 | $ 375,000 | $ 97,000 |
| Collin County Texas | 1 | $ 275,000 | $ 275,000 | $ 80,000 |
| Fort Bend County Texas | 1 | $ 305,000 | $ 305,000 | $ 108,000 |
| Harris County Texas | 1 | $ 475,000 | $ 475,000 | $ 139,000 |
| Palo Pinto County Texas | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Skagit County Washington | 1 | $ 375,000 | $ 375,000 | $ 141,000 |
| Whatcom County Washington | 1 | $ 185,000 | $ 185,000 | $ 62,000 |
The mortgage data stats below are displayed in sortable 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, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Tennessee,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Independent Bank in 2020
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 | 585 | $135,905,000 | $232,000 | $1,105,000 | $114,000 | $960,000 |
| Refinancing | 514 | $140,050,000 | $272,000 | $695,000 | $138,000 | $905,000 |
| Cash-out Refinancing | 131 | $32,415,000 | $247,000 | $665,000 | $138,000 | $597,000 |
| Home Improvement | 21 | $5,655,000 | $269,000 | $495,000 | $130,000 | $277,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 1,035 | $267,555,000 | $258,000 | $1,105,000 | $133,000 | $960,000 |
| Black or African American | 139 | $26,685,000 | $191,000 | $515,000 | $84,000 | $804,000 |
| Hispanic | 31 | $7,265,000 | $234,000 | $515,000 | $96,000 | $190,000 |
| Asian | 29 | $8,415,000 | $290,000 | $525,000 | $130,000 | $356,000 |
| Not Provided | 10 | $2,440,000 | $244,000 | $395,000 | $166,000 | $358,000 |
| American Indian or Alaskan Native | 4 | $650,000 | $162,000 | $295,000 | $95,000 | $237,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $515,000 | $515,000 | $515,000 | $184,000 | $184,000 |
| Not applicable | 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) | 1,062 | $274,460,000 | $258,000 | $1,105,000 | $137,000 | $960,000 |
| FHA-insured (Federal Housing Administration) | 147 | $29,035,000 | $197,000 | $335,000 | $71,000 | $296,000 |
| VA-guaranteed (Veterans Administration) | 29 | $8,365,000 | $288,000 | $535,000 | $79,000 | $203,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 13 | $2,165,000 | $166,000 | $295,000 | $46,000 | $75,000 |
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 | 950 | $241,660,000 | $254,000 | $725,000 | $124,000 | $905,000 |
| Application Withdrawn By Applicant | 251 | $61,495,000 | $245,000 | $1,105,000 | $142,000 | $960,000 |
| Application Denied By Financial Institution | 37 | $7,635,000 | $206,000 | $515,000 | $80,000 | $251,000 |
| File Closed For Incompleteness | 12 | $3,000,000 | $250,000 | $545,000 | $128,000 | $317,000 |
| Application Approved But Not Accepted | 1 | $235,000 | $235,000 | $235,000 | $136,000 | $136,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,214 | $306,390,000 | $252,000 | $1,105,000 | $128,000 | $960,000 |
| Debt-To-Income Ratio | 14 | $3,680,000 | $262,000 | $515,000 | $76,000 | $251,000 |
| Credit History | 12 | $2,310,000 | $192,000 | $515,000 | $90,000 | $210,000 |
| Collateral | 8 | $1,010,000 | $126,000 | $275,000 | $77,000 | $177,000 |
| Employment History | 2 | $330,000 | $165,000 | $185,000 | $57,000 | $91,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $305,000 | $305,000 | $305,000 | $89,000 | $89,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in TN, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Tennessee, and search similar information at your convenience.