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Some quick facts on Tennessee owner occupied homes with a mortgage:
The median Tennessee home price is $115,361.
81.4% of Tennessee home owners have only a single mortgage.
Only 0.9% of home owners in Tennessee have both a second mortgage and a home equity loan.
While the median income for all of Tennessee is $47,530, the median income for owner occupied Tennessee homes with a mortgage is $54,266.
The median monthly Tennessee housing cost is $954.
Tennessee Median Annual real estate taxes are $836.
The national average Expedian Credit score is 678 and Tennessee has exactly the same, 678.
Non-business bankruptcies in Tennessee have gone from 48,595 in 2000 to 60,574 in 2004.
The Tennessee Department of Financial Institutions regulates mortgage lenders, mortgage brokers and loan servicers under the provisions of the Tennessee Residential Lending, Brokerage and Servicing Act of 1988. Approximately 1100 Mortgage Companies are regulated by the State of Tennessee. Tennessee’s licensee list is available on the Department’s web site, http://www.state.tn.us/financialinst2.
Tennessee Counties:
Anderson County, Bedford County, Benton County, Bledsoe County,
Blount County, Bradley County, Campbell County, Cannon County, Carroll
County, Carter County, Cheatham County, Chester County, Claiborne
County, Clay County, Cocke County, Coffee County, Crockett County,
Cumberland County, Davidson County, Dacatur County, DeKalb County,
Dickson County, Dyer County, Fayette County, Fentress County, Franklin
County, Gibson County, Giles County, Grainger County, Greene County,
Grundy County, Hamblen County, Hamilton County, Hancock County,
Hardeman County, Hardin County, Hawkins County, Haywood County,
Henderson County, Henry County, Hickman County, Houston County,
Humphreys County, Jackson County, Jefferson County, Knox County,
Lake County, Lauderdale County, Lawrence County, Lewis County, Lincoln
County, Loudon County, McMinn County, McNairy County, Macon County,
Madison County, Marion County, Marshall County, Maury County, Meigs
County, Monroe County, Montgomery County, Moore County, Morgan County,
Obion County, Overton County, Perry County, Pickett County, Polk
County, Putnam County, Rhea County, Roane County, Robertson County,
Rutherford County, Scott County, Sequatchie County, Sevier County,
Shelby County, Smith County, Stewart County, Sullivan County, Sumner
County, Tipton County, Trousdale County, Unicoi County, Union County,
Van Buren County, Warren County, Washington County, Wayne County,
Weakley County, White County, Williamson County, Wilson County
Source: US Census Bureau 2004 American Community Survey
Source: Coalition for Mortgage reform (www.mortgagereform.org)
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