TJC MORTGAGE INC

BIRMINGHAM, AL

TJC MORTGAGE INC processed 2,788 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,704 loans with a 3.2% denial rate. Home Purchase was the primary loan purpose. Based in BIRMINGHAM, AL. The approval rate of 61.1% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. TJC MORTGAGE INC processed 2,788 HMDA-reported mortgage applications in 2024, originating 1,704 loans and denying 90 for a denial rate of 3.2% (applicants themselves withdrew 994 files before a decision). The average loan amount was $314,322 at a 6.371% average note rate, and applicants self-reported an average income of $40,000. The lender reports under LEI 54930021DZJ9CEN11D61 from BIRMINGHAM, AL.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. TJC MORTGAGE INC's 61.1% origination rate tells you how often an application turned into funded money; the 3.2% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Employment history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,466 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

2,788
Applications
1,704
Originated
3.2%
Denial Rate
$314,322
Avg Loan Amount
Avg Interest Rate: 6.371% Avg Applicant Income: $40,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,466 909 39 $311,289
FHA 929 560 37 $292,169
VA 362 212 12 $391,851
USDA 31 23 2 $216,290

Top loan types — TJC MORTGAGE INC

Top loan types — TJC MORTGAGE INC Horizontal bar chart of the top 4 items by value (applications). Top loan types — TJC MORTGAGE INC Top 4 1. Conventional 1,466 2. FHA 929 3. VA 362 4. USDA 31 Top 5 loan types by application volume at TJC MORTGAGE INC (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for TJC MORTGAGE INC (LEI: 54930021DZJ9CEN11D61) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
29
Credit history
21
Employment history
13
Collateral
12
Other
9
Unverifiable information
8
Insufficient cash
7
Credit application incomplete
3

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,960 1,328 $310,000
Cash-out Refinancing 557 244 $294,228
Refinancing 270 132 $386,704
Home Improvement 1 0 $435,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 1,823 68.1% 2.6%
Black or African American 240 55.8% 4.2%
Joint 70 62.9% 2.9%
Asian 68 57.4% 2.9%
American Indian or Alaska Native 13 92.3% 0.0%
2 or more minority races 6 83.3% 16.7%
Native Hawaiian or Other Pacific Islander 4 75.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,951 65.9% 2.7%
Hispanic or Latino 278 62.6% 5.8%
Joint 42 64.3% 7.1%

Nearby Lenders in AL

Other HMDA-reporting lenders in AL with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did TJC MORTGAGE INC process?
TJC MORTGAGE INC processed 2,788 mortgage applications in the 2023 HMDA reporting year. Of these, 1,704 were originated (approved and funded), 994 were withdrawn by the applicant, and 90 were denied.
What is TJC MORTGAGE INC's mortgage approval rate?
TJC MORTGAGE INC has an approval (origination) rate of 61.1%, meaning 61.1% of all applications resulted in a funded mortgage. The denial rate is 3.2%.
What is the average loan amount at TJC MORTGAGE INC?
The average mortgage loan amount at TJC MORTGAGE INC is $314,322. The average interest rate is 6.371%. The average applicant income is $40,000.
What are the most common reasons for mortgage denial at TJC MORTGAGE INC?
The most common reasons for mortgage denial at TJC MORTGAGE INC are: Debt-to-income ratio, Credit history, Employment history. In total, 90 applications were denied out of 2,788 total applications.
What types of mortgage loans does TJC MORTGAGE INC offer?
TJC MORTGAGE INC processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 1,466 applications and an average loan amount of $311,289.
What loan purposes does TJC MORTGAGE INC serve?
TJC MORTGAGE INC serves the following loan purposes: Home Purchase (1,960 applications), Cash-out Refinancing (557 applications), Refinancing (270 applications), Home Improvement (1 applications). Home Purchase is the most common purpose.
Where is TJC MORTGAGE INC located?
TJC MORTGAGE INC is headquartered in BIRMINGHAM, AL. The lender is identified by LEI 54930021DZJ9CEN11D61 in HMDA data.
How does TJC MORTGAGE INC compare in lending across racial demographics?
TJC MORTGAGE INC reports demographic lending data under HMDA requirements. White applicants have an approval rate of 68.1% and denial rate of 2.6%; Black or African American applicants have an approval rate of 55.8% and denial rate of 4.2%; Joint applicants have an approval rate of 62.9% and denial rate of 2.9%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.