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 Local Mortgage Inc..
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 | Local Mortgage Inc. 5350 Poplar Ave Suite 850 Memphis, TN 38119 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2022 |
Total Number of Mortgage Applications | 492 |
Total Mortgage Loan Application Amount | $192,440,000 |
Average Mortgage Loan Application Amount | $421,500 |
Highest Mortgage Loan Application Amount | $1,685,000 |
Average Applicant Income | $218,500 |
Highest Applicant Income | $1,500,000 |
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 | 82 | $ 24,310,000 | $ 296,000 | $ 128,000 |
Forsyth County Georgia | 36 | $ 17,200,000 | $ 477,000 | $ 149,000 |
Gwinnett County Georgia | 31 | $ 12,545,000 | $ 404,000 | $ 157,000 |
Fulton County Georgia | 19 | $ 6,885,000 | $ 362,000 | $ 170,000 |
Cobb County Georgia | 15 | $ 5,895,000 | $ 393,000 | $ 171,000 |
Williamson County Tennessee | 11 | $ 7,235,000 | $ 657,000 | $ 289,000 |
Palm Beach County Florida | 10 | $ 3,970,000 | $ 397,000 | $ 143,000 |
Hennepin County Minnesota | 10 | $ 4,380,000 | $ 438,000 | $ 157,000 |
Fairfax County Virginia | 10 | $ 3,400,000 | $ 340,000 | $ 147,000 |
DeSoto County Mississippi | 9 | $ 2,575,000 | $ 286,000 | $ 86,000 |
Davidson County Tennessee | 9 | $ 4,175,000 | $ 463,000 | $ 155,000 |
Rutherford County Tennessee | 8 | $ 3,270,000 | $ 408,000 | $ 128,000 |
Miami-Dade County Florida | 7 | $ 3,365,000 | $ 480,000 | $ 133,000 |
Fayette County Tennessee | 7 | $ 2,625,000 | $ 375,000 | $ 170,000 |
Hamilton County Tennessee | 7 | $ 2,715,000 | $ 387,000 | $ 131,000 |
Loudoun County Virginia | 7 | $ 5,445,000 | $ 777,000 | $ 270,000 |
Broward County Florida | 6 | $ 2,340,000 | $ 390,000 | $ 169,000 |
Orange County Florida | 6 | $ 2,070,000 | $ 345,000 | $ 170,000 |
Cherokee County Georgia | 6 | $ 2,790,000 | $ 465,000 | $ 384,000 |
Hillsborough County Florida | 5 | $ 2,135,000 | $ 427,000 | $ 114,000 |
Sarasota County Florida | 5 | $ 1,475,000 | $ 295,000 | $ 148,000 |
St. Johns County Florida | 5 | $ 1,795,000 | $ 359,000 | $ 121,000 |
Paulding County Georgia | 5 | $ 1,865,000 | $ 373,000 | $ 103,000 |
Anoka County Minnesota | 5 | $ 2,055,000 | $ 411,000 | $ 115,000 |
Washington County Minnesota | 5 | $ 2,225,000 | $ 445,000 | $ 139,000 |
Maury County Tennessee | 5 | $ 1,875,000 | $ 375,000 | $ 125,000 |
Douglas County Colorado | 4 | $ 2,430,000 | $ 607,000 | $ 132,000 |
DeKalb County Georgia | 4 | $ 1,040,000 | $ 260,000 | $ 94,000 |
Charleston County South Carolina | 4 | $ 1,540,000 | $ 385,000 | $ 126,000 |
Knox County Tennessee | 4 | $ 1,600,000 | $ 400,000 | $ 121,000 |
Wilson County Tennessee | 4 | $ 1,930,000 | $ 482,000 | $ 128,000 |
Duval County Florida | 3 | $ 1,285,000 | $ 428,000 | $ 137,000 |
Pinellas County Florida | 3 | $ 975,000 | $ 325,000 | $ 179,000 |
Henry County Georgia | 3 | $ 925,000 | $ 308,000 | $ 111,000 |
Delaware County Ohio | 3 | $ 1,275,000 | $ 425,000 | $ 120,000 |
Warren County Ohio | 3 | $ 1,725,000 | $ 575,000 | $ 218,000 |
Greenville County South Carolina | 3 | $ 1,215,000 | $ 405,000 | $ 130,000 |
Arlington County Virginia | 3 | $ 1,035,000 | $ 345,000 | $ 169,000 |
Henrico County Virginia | 3 | $ 1,055,000 | $ 351,000 | $ 191,000 |
Jefferson County Alabama | 2 | $ 710,000 | $ 355,000 | $ 149,000 |
Denver County Colorado | 2 | $ 790,000 | $ 395,000 | $ 148,000 |
El Paso County Colorado | 2 | $ 760,000 | $ 380,000 | $ 90,000 |
Jefferson County Colorado | 2 | $ 780,000 | $ 390,000 | $ 205,000 |
Escambia County Florida | 2 | $ 390,000 | $ 195,000 | $ 109,000 |
Lee County Florida | 2 | $ 1,020,000 | $ 510,000 | $ 144,000 |
Manatee County Florida | 2 | $ 570,000 | $ 285,000 | $ 99,000 |
Osceola County Florida | 2 | $ 1,100,000 | $ 550,000 | $ 295,000 |
Pasco County Florida | 2 | $ 880,000 | $ 440,000 | $ 174,000 |
Columbia County Georgia | 2 | $ 950,000 | $ 475,000 | $ 119,000 |
Fayette County Georgia | 2 | $ 770,000 | $ 385,000 | $ 107,000 |
Walton County Georgia | 2 | $ 790,000 | $ 395,000 | $ 139,000 |
Cass County Minnesota | 2 | $ 480,000 | $ 240,000 | $ 103,000 |
Dakota County Minnesota | 2 | $ 900,000 | $ 450,000 | $ 139,000 |
Scott County Minnesota | 2 | $ 950,000 | $ 475,000 | $ 150,000 |
Anderson County South Carolina | 2 | $ 790,000 | $ 395,000 | $ 152,000 |
Beaufort County South Carolina | 2 | $ 740,000 | $ 370,000 | $ 176,000 |
Horry County South Carolina | 2 | $ 740,000 | $ 370,000 | $ 184,000 |
Oconee County South Carolina | 2 | $ 490,000 | $ 245,000 | $ 121,000 |
York County South Carolina | 2 | $ 790,000 | $ 395,000 | $ 117,000 |
Montgomery County Tennessee | 2 | $ 670,000 | $ 335,000 | $ 124,000 |
Roane County Tennessee | 2 | $ 480,000 | $ 240,000 | $ 86,000 |
Sevier County Tennessee | 2 | $ 920,000 | $ 460,000 | $ 490,000 |
Tipton County Tennessee | 2 | $ 470,000 | $ 235,000 | $ 94,000 |
Chesterfield County Virginia | 2 | $ 800,000 | $ 400,000 | $ 144,000 |
Hanover County Virginia | 2 | $ 1,060,000 | $ 530,000 | $ 152,000 |
Richmond City County Virginia | 2 | $ 650,000 | $ 325,000 | $ 153,000 |
Lauderdale County Alabama | 1 | $ 55,000 | $ 55,000 | $ 12,000 |
Madison County Alabama | 1 | $ 155,000 | $ 155,000 | $ 38,000 |
Shelby County Alabama | 1 | $ 375,000 | $ 375,000 | $ 105,000 |
Tuscaloosa County Alabama | 1 | $ 115,000 | $ 115,000 | $ 108,000 |
Benton County Arkansas | 1 | $ 385,000 | $ 385,000 | $ 151,000 |
Pulaski County Arkansas | 1 | $ 65,000 | $ 65,000 | $ 23,000 |
Adams County Colorado | 1 | $ 435,000 | $ 435,000 | $ 125,000 |
Arapahoe County Colorado | 1 | $ 485,000 | $ 485,000 | $ 129,000 |
Broomfield County Colorado | 1 | $ 265,000 | $ 265,000 | $ 158,000 |
Garfield County Colorado | 1 | $ 255,000 | $ 255,000 | $ 122,000 |
Larimer County Colorado | 1 | $ 575,000 | $ 575,000 | $ 229,000 |
Park County Colorado | 1 | $ 385,000 | $ 385,000 | $ 100,000 |
Weld County Colorado | 1 | $ 505,000 | $ 505,000 | $ 166,000 |
Bay County Florida | 1 | $ 205,000 | $ 205,000 | $ 57,000 |
Brevard County Florida | 1 | $ 555,000 | $ 555,000 | $ 175,000 |
Columbia County Florida | 1 | $ 305,000 | $ 305,000 | $ 94,000 |
Flagler County Florida | 1 | $ 265,000 | $ 265,000 | $ 161,000 |
Indian River County Florida | 1 | $ 645,000 | $ 645,000 | $ 155,000 |
Polk County Florida | 1 | $ 425,000 | $ 425,000 | $ 273,000 |
Putnam County Florida | 1 | $ 305,000 | $ 305,000 | $ 94,000 |
Seminole County Florida | 1 | $ 455,000 | $ 455,000 | $ 113,000 |
Walton County Florida | 1 | $ 145,000 | $ 145,000 | $ 74,000 |
Clayton County Georgia | 1 | $ 125,000 | $ 125,000 | $ 41,000 |
Coweta County Georgia | 1 | $ 335,000 | $ 335,000 | $ 123,000 |
Dawson County Georgia | 1 | $ 485,000 | $ 485,000 | $ 111,000 |
Douglas County Georgia | 1 | $ 305,000 | $ 305,000 | $ 84,000 |
Greene County Georgia | 1 | $ 1,205,000 | $ 1,205,000 | $ 168,000 |
Hall County Georgia | 1 | $ 425,000 | $ 425,000 | $ 178,000 |
Houston County Georgia | 1 | $ 215,000 | $ 215,000 | $ 52,000 |
Muscogee County Georgia | 1 | $ 215,000 | $ 215,000 | $ 36,000 |
Carver County Minnesota | 1 | $ 525,000 | $ 525,000 | $ 164,000 |
Crow Wing County Minnesota | 1 | $ 335,000 | $ 335,000 | $ 196,000 |
Morrison County Minnesota | 1 | $ 215,000 | $ 215,000 | $ 57,000 |
Otter Tail County Minnesota | 1 | $ 285,000 | $ 285,000 | $ 111,000 |
Ramsey County Minnesota | 1 | $ 425,000 | $ 425,000 | $ 89,000 |
Jackson County Mississippi | 1 | $ 405,000 | $ 405,000 | $ 77,000 |
Lafayette County Mississippi | 1 | $ 315,000 | $ 315,000 | $ 110,000 |
Panola County Mississippi | 1 | $ 275,000 | $ 275,000 | $ 48,000 |
Union County North Carolina | 1 | $ 495,000 | $ 495,000 | $ 101,000 |
Butler County Ohio | 1 | $ 535,000 | $ 535,000 | $ 336,000 |
Cuyahoga County Ohio | 1 | $ 405,000 | $ 405,000 | $ 72,000 |
Franklin County Ohio | 1 | $ 755,000 | $ 755,000 | $ 300,000 |
Portage County Ohio | 1 | $ 285,000 | $ 285,000 | $ 89,000 |
Union County Ohio | 1 | $ 505,000 | $ 505,000 | $ 178,000 |
Wood County Ohio | 1 | $ 165,000 | $ 165,000 | $ 84,000 |
Berkeley County South Carolina | 1 | $ 465,000 | $ 465,000 | $ 125,000 |
Georgetown County South Carolina | 1 | $ 285,000 | $ 285,000 | $ 313,000 |
Lancaster County South Carolina | 1 | $ 5,000 | $ 5,000 | $ 117,000 |
Blount County Tennessee | 1 | $ 305,000 | $ 305,000 | $ 196,000 |
Clay County Tennessee | 1 | $ 285,000 | $ 285,000 | $ 200,000 |
Coffee County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 130,000 |
DeKalb County Tennessee | 1 | $ 515,000 | $ 515,000 | $ 208,000 |
Hardin County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 94,000 |
Robertson County Tennessee | 1 | $ 525,000 | $ 525,000 | $ 149,000 |
Sullivan County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 48,000 |
Alexandria County Virginia | 1 | $ 745,000 | $ 745,000 | $ 294,000 |
Amherst County Virginia | 1 | $ 155,000 | $ 155,000 | $ 260,000 |
Fauquier County Virginia | 1 | $ 545,000 | $ 545,000 | $ 311,000 |
Greene County Virginia | 1 | $ 285,000 | $ 285,000 | $ 64,000 |
New Kent County Virginia | 1 | $ 435,000 | $ 435,000 | $ 124,000 |
Powhatan County Virginia | 1 | $ 545,000 | $ 545,000 | $ 180,000 |
Prince William County Virginia | 1 | $ 655,000 | $ 655,000 | $ 191,000 |
Warren County Virginia | 1 | $ 645,000 | $ 645,000 | $ 166,000 |
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.
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 | 350 | $140,700,000 | $402,000 | $1,685,000 | $152,000 | $1,500,000 |
Cash-out Refinancing | 89 | $29,405,000 | $330,000 | $945,000 | $136,000 | $664,000 |
Refinancing | 52 | $21,800,000 | $419,000 | $1,105,000 | $160,000 | $551,000 |
Home Improvement | 1 | $535,000 | $535,000 | $535,000 | $426,000 | $426,000 |
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 | 204 | $76,330,000 | $374,000 | $1,685,000 | $154,000 | $1,500,000 |
Asian | 155 | $65,985,000 | $425,000 | $745,000 | $154,000 | $1,080,000 |
Not Provided | 71 | $28,545,000 | $402,000 | $1,205,000 | $156,000 | $893,000 |
Black or African American | 29 | $9,375,000 | $323,000 | $605,000 | $105,000 | $273,000 |
Hispanic | 18 | $6,460,000 | $358,000 | $595,000 | $142,000 | $422,000 |
American Indian or Alaskan Native | 2 | $450,000 | $225,000 | $285,000 | $122,000 | $200,000 |
Native Hawaiian or Other Pacific Islander | 1 | $325,000 | $325,000 | $325,000 | $132,000 | $132,000 |
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) | 473 | $186,865,000 | $395,000 | $1,685,000 | $153,000 | $1,500,000 |
FHA-insured (Federal Housing Administration) | 11 | $2,845,000 | $258,000 | $455,000 | $82,000 | $201,000 |
VA-guaranteed (Veterans Administration) | 6 | $2,120,000 | $353,000 | $455,000 | $78,000 | $98,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $610,000 | $305,000 | $305,000 | $94,000 | $94,000 |
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 | 226 | $87,500,000 | $387,000 | $745,000 | $146,000 | $664,000 |
Application Withdrawn By Applicant | 151 | $62,785,000 | $415,000 | $1,105,000 | $166,000 | $1,080,000 |
Application Denied By Financial Institution | 51 | $17,365,000 | $340,000 | $1,205,000 | $110,000 | $316,000 |
Preapproval Denied by Financial Institution | 31 | $8,245,000 | $265,000 | $645,000 | $80,000 | $197,000 |
Preapproval Approved but not Accepted | 12 | $5,020,000 | $418,000 | $745,000 | $158,000 | $294,000 |
File Closed For Incompleteness | 11 | $6,615,000 | $601,000 | $1,685,000 | $300,000 | $1,500,000 |
Application Approved But Not Accepted | 10 | $4,910,000 | $491,000 | $645,000 | $265,000 | $893,000 |
Loan Purchased By The 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 | 410 | $166,830,000 | $406,000 | $1,685,000 | $161,000 | $1,500,000 |
Debt-To-Income Ratio | 39 | $13,265,000 | $340,000 | $1,205,000 | $79,000 | $173,000 |
Credit History | 25 | $6,275,000 | $251,000 | $475,000 | $97,000 | $201,000 |
Collateral | 8 | $3,480,000 | $435,000 | $755,000 | $191,000 | $300,000 |
Other | 4 | $1,280,000 | $320,000 | $495,000 | $157,000 | $316,000 |
Employment History | 3 | $465,000 | $155,000 | $195,000 | $35,000 | $60,000 |
Unverifiable Information | 2 | $600,000 | $300,000 | $355,000 | $72,000 | $80,000 |
Insufficient Cash (Downpayment, Closing Cost) | 1 | $245,000 | $245,000 | $245,000 | $191,000 | $191,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Credit Application Incomplete | 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.