Ascend Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Ascend Federal Credit Union 2023 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 | Ascend Federal Credit Union 520 Airpark Drive Tullahoma, TN 37388 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 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 | 3,014 |
| Total Mortgage Loan Application Amount | $442,780,000 |
| Average Mortgage Loan Application Amount | $161,800 |
| Highest Mortgage Loan Application Amount | $8,855,000 |
| Average Applicant Income | $112,800 |
| Highest Applicant Income | $1,012,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Ascend Federal Credit Union. 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 Ascend Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2023 breaks down Ascend Federal Credit Union'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 Ascend Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Ascend Federal Credit Union, 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 Ascend Federal Credit Union's mortgage activity for 2023.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Rutherford County Tennessee | 811 | $ 102,925,000 | $ 126,000 | $ 110,000 |
| Davidson County Tennessee | 425 | $ 84,365,000 | $ 198,000 | $ 121,000 |
| Coffee County Tennessee | 235 | $ 28,925,000 | $ 123,000 | $ 86,000 |
| Maury County Tennessee | 176 | $ 20,490,000 | $ 116,000 | $ 105,000 |
| Williamson County Tennessee | 172 | $ 43,600,000 | $ 253,000 | $ 177,000 |
| Sumner County Tennessee | 158 | $ 22,630,000 | $ 143,000 | $ 128,000 |
| Franklin County Tennessee | 145 | $ 19,345,000 | $ 133,000 | $ 100,000 |
| Wilson County Tennessee | 138 | $ 18,560,000 | $ 134,000 | $ 123,000 |
| Bedford County Tennessee | 133 | $ 17,865,000 | $ 134,000 | $ 88,000 |
| Marshall County Tennessee | 81 | $ 9,545,000 | $ 117,000 | $ 93,000 |
| Putnam County Tennessee | 50 | $ 6,030,000 | $ 120,000 | $ 89,000 |
| Warren County Tennessee | 44 | $ 4,500,000 | $ 102,000 | $ 75,000 |
| Dickson County Tennessee | 36 | $ 3,250,000 | $ 90,000 | $ 96,000 |
| Montgomery County Tennessee | 34 | $ 4,190,000 | $ 123,000 | $ 108,000 |
| Robertson County Tennessee | 32 | $ 4,270,000 | $ 133,000 | $ 115,000 |
| Cannon County Tennessee | 31 | $ 3,565,000 | $ 115,000 | $ 74,000 |
| Cheatham County Tennessee | 25 | $ 3,365,000 | $ 134,000 | $ 123,000 |
| Grundy County Tennessee | 23 | $ 4,225,000 | $ 183,000 | $ 99,000 |
| DeKalb County Tennessee | 22 | $ 2,650,000 | $ 120,000 | $ 96,000 |
| Lawrence County Tennessee | 22 | $ 3,040,000 | $ 138,000 | $ 91,000 |
| Moore County Tennessee | 22 | $ 2,160,000 | $ 98,000 | $ 84,000 |
| Hickman County Tennessee | 16 | $ 1,540,000 | $ 96,000 | $ 87,000 |
| White County Tennessee | 16 | $ 2,180,000 | $ 136,000 | $ 100,000 |
| Lincoln County Tennessee | 15 | $ 2,705,000 | $ 180,000 | $ 82,000 |
| Giles County Tennessee | 11 | $ 875,000 | $ 79,000 | $ 65,000 |
| Smith County Tennessee | 10 | $ 1,350,000 | $ 135,000 | $ 114,000 |
| Marion County Tennessee | 9 | $ 2,805,000 | $ 311,000 | $ 128,000 |
| Hamilton County Tennessee | 6 | $ 1,120,000 | $ 186,000 | $ 79,000 |
| Lewis County Tennessee | 6 | $ 630,000 | $ 105,000 | $ 117,000 |
| Trousdale County Tennessee | 6 | $ 770,000 | $ 128,000 | $ 62,000 |
| Macon County Tennessee | 5 | $ 305,000 | $ 61,000 | $ 90,000 |
| Madison County Tennessee | 5 | $ 195,000 | $ 39,000 | $ 36,000 |
| Madison County Alabama | 4 | $ 1,430,000 | $ 357,000 | $ 139,000 |
| Humphreys County Tennessee | 4 | $ 220,000 | $ 55,000 | $ 98,000 |
| Shelby County Tennessee | 4 | $ 590,000 | $ 147,000 | $ 107,000 |
| Van Buren County Tennessee | 4 | $ 360,000 | $ 90,000 | $ 105,000 |
| Limestone County Alabama | 3 | $ 1,395,000 | $ 465,000 | $ 210,000 |
| Walton County Florida | 3 | $ 2,005,000 | $ 668,000 | $ 262,000 |
| Cumberland County Tennessee | 3 | $ 215,000 | $ 71,000 | $ 108,000 |
| Jackson County Tennessee | 3 | $ 225,000 | $ 75,000 | $ 36,000 |
| Overton County Tennessee | 3 | $ 235,000 | $ 78,000 | $ 81,000 |
| Fayette County Alabama | 2 | $ 90,000 | $ 45,000 | $ 84,000 |
| Houston County Alabama | 2 | $ 700,000 | $ 350,000 | $ 186,000 |
| Paulding County Georgia | 2 | $ 70,000 | $ 35,000 | $ 15,000 |
| Allen County Kentucky | 2 | $ 460,000 | $ 230,000 | $ 136,000 |
| Bledsoe County Tennessee | 2 | $ 170,000 | $ 85,000 | $ 101,000 |
| Carter County Tennessee | 2 | $ 410,000 | $ 205,000 | $ 225,000 |
| Henry County Tennessee | 2 | $ 130,000 | $ 65,000 | $ 81,000 |
| Houston County Tennessee | 2 | $ 530,000 | $ 265,000 | $ 103,000 |
| Knox County Tennessee | 2 | $ 420,000 | $ 210,000 | $ 115,000 |
| Lauderdale County Tennessee | 2 | $ 100,000 | $ 50,000 | $ 55,000 |
| Blount County Alabama | 1 | $ 185,000 | $ 185,000 | $ 46,000 |
| Jackson County Alabama | 1 | $ 195,000 | $ 195,000 | $ 152,000 |
| Jefferson County Alabama | 1 | $ 275,000 | $ 275,000 | $ 102,000 |
| Lawrence County Alabama | 1 | $ 365,000 | $ 365,000 | $ 176,000 |
| Mobile County Alabama | 1 | $ 295,000 | $ 295,000 | $ 277,000 |
| Morgan County Alabama | 1 | $ 105,000 | $ 105,000 | $ 87,000 |
| Tuscaloosa County Alabama | 1 | $ 305,000 | $ 305,000 | $ 397,000 |
| Bay County Florida | 1 | $ 155,000 | $ 155,000 | $ 202,000 |
| Escambia County Florida | 1 | $ 105,000 | $ 105,000 | $ 66,000 |
| Franklin County Florida | 1 | $ 315,000 | $ 315,000 | $ 160,000 |
| Gulf County Florida | 1 | $ 325,000 | $ 325,000 | $ 195,000 |
| Hillsborough County Florida | 1 | $ 235,000 | $ 235,000 | $ 65,000 |
| Indian River County Florida | 1 | $ 505,000 | $ 505,000 | $ 309,000 |
| Lee County Florida | 1 | $ 335,000 | $ 335,000 | $ 145,000 |
| Okaloosa County Florida | 1 | $ 265,000 | $ 265,000 | $ 135,000 |
| Orange County Florida | 1 | $ 325,000 | $ 325,000 | $ 76,000 |
| Palm Beach County Florida | 1 | $ 65,000 | $ 65,000 | $ 37,000 |
| Pinellas County Florida | 1 | $ 275,000 | $ 275,000 | $ 199,000 |
| Santa Rosa County Florida | 1 | $ 245,000 | $ 245,000 | $ 131,000 |
| Sumter County Florida | 1 | $ 215,000 | $ 215,000 | $ 98,000 |
| Cobb County Georgia | 1 | $ 125,000 | $ 125,000 | $ 144,000 |
| Columbia County Georgia | 1 | $ 95,000 | $ 95,000 | $ 121,000 |
| DeKalb County Georgia | 1 | $ 255,000 | $ 255,000 | $ 79,000 |
| Gilmer County Georgia | 1 | $ 475,000 | $ 475,000 | $ 155,000 |
| Gwinnett County Georgia | 1 | $ 275,000 | $ 275,000 | $ 81,000 |
| Floyd County Kentucky | 1 | $ 125,000 | $ 125,000 | $ 82,000 |
| Hopkins County Kentucky | 1 | $ 295,000 | $ 295,000 | $ 125,000 |
| Johnson County Kentucky | 1 | $ 85,000 | $ 85,000 | $ 55,000 |
| Simpson County Kentucky | 1 | $ 295,000 | $ 295,000 | $ 101,000 |
| Benton County Tennessee | 1 | $ 45,000 | $ 45,000 | $ 25,000 |
| Blount County Tennessee | 1 | $ 25,000 | $ 25,000 | $ 44,000 |
| Bradley County Tennessee | 1 | $ 15,000 | $ 15,000 | $ 48,000 |
| Carroll County Tennessee | 1 | $ 65,000 | $ 65,000 | $ 48,000 |
| Clay County Tennessee | 1 | $ 55,000 | $ 55,000 | $ 45,000 |
| Hamblen County Tennessee | 1 | $ 345,000 | $ 345,000 | $ 123,000 |
| Henderson County Tennessee | 1 | $ 225,000 | $ 225,000 | $ 77,000 |
| Morgan County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Perry County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 160,000 |
| Rhea County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 522,000 |
| Scott County Tennessee | 1 | $ 225,000 | $ 225,000 | $ 68,000 |
| Sevier County Tennessee | 1 | $ 375,000 | $ 375,000 | $ 125,000 |
| Unicoi County Tennessee | 1 | $ 205,000 | $ 205,000 | $ 65,000 |
| Wayne County Tennessee | 1 | $ 45,000 | $ 45,000 | $ 40,000 |
Mortgage Loan Application Detail Totals for Ascend Federal Credit Union in 2023
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 |
|---|---|---|---|---|---|---|
| Other Purpose | 883 | $69,415,000 | $78,000 | $335,000 | $106,000 | $874,000 |
| Home Improvement | 695 | $54,955,000 | $79,000 | $255,000 | $109,000 | $972,000 |
| Cash-out Refinancing | 621 | $65,185,000 | $104,000 | $825,000 | $96,000 | $1,012,000 |
| Home Purchase | 586 | $209,180,000 | $356,000 | $8,855,000 | $134,000 | $895,000 |
| Refinancing | 229 | $44,045,000 | $192,000 | $1,355,000 | $119,000 | $646,000 |
| Not Applicable | 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 | 2,174 | $292,740,000 | $134,000 | $1,605,000 | $110,000 | $1,012,000 |
| Not Provided | 315 | $54,275,000 | $172,000 | $935,000 | $123,000 | $608,000 |
| Black or African American | 265 | $27,805,000 | $104,000 | $445,000 | $92,000 | $874,000 |
| Hispanic | 114 | $19,190,000 | $168,000 | $1,885,000 | $118,000 | $759,000 |
| Asian | 78 | $16,940,000 | $217,000 | $965,000 | $152,000 | $507,000 |
| Not applicable | 46 | $29,520,000 | $641,000 | $8,855,000 | $0 | $0 |
| American Indian or Alaskan Native | 12 | $980,000 | $81,000 | $265,000 | $83,000 | $170,000 |
| Native Hawaiian or Other Pacific Islander | 6 | $1,110,000 | $185,000 | $335,000 | $130,000 | $331,000 |
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) | 2,991 | $436,885,000 | $146,000 | $8,855,000 | $111,000 | $1,012,000 |
| FHA-insured (Federal Housing Administration) | 16 | $3,610,000 | $225,000 | $615,000 | $88,000 | $224,000 |
| VA-guaranteed (Veterans Administration) | 7 | $2,285,000 | $326,000 | $505,000 | $112,000 | $191,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 1,769 | $275,755,000 | $155,000 | $1,605,000 | $119,000 | $972,000 |
| Application Denied By Financial Institution | 644 | $71,890,000 | $111,000 | $855,000 | $91,000 | $874,000 |
| Application Withdrawn By Applicant | 467 | $80,465,000 | $172,000 | $8,855,000 | $112,000 | $1,012,000 |
| Application Approved But Not Accepted | 99 | $9,165,000 | $92,000 | $625,000 | $109,000 | $515,000 |
| File Closed For Incompleteness | 35 | $5,505,000 | $157,000 | $615,000 | $102,000 | $272,000 |
| 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 | 2,370 | $370,890,000 | $156,000 | $8,855,000 | $117,000 | $1,012,000 |
| Debt-To-Income Ratio | 273 | $34,175,000 | $125,000 | $855,000 | $75,000 | $418,000 |
| Credit History | 149 | $13,265,000 | $89,000 | $505,000 | $92,000 | $874,000 |
| Collateral | 82 | $8,920,000 | $108,000 | $825,000 | $114,000 | $500,000 |
| Other | 71 | $6,535,000 | $92,000 | $705,000 | $101,000 | $646,000 |
| Unverifiable Information | 55 | $5,405,000 | $98,000 | $725,000 | $104,000 | $507,000 |
| Employment History | 6 | $540,000 | $90,000 | $255,000 | $162,000 | $600,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $1,735,000 | $347,000 | $745,000 | $128,000 | $176,000 |
| Credit Application Incomplete | 3 | $1,315,000 | $438,000 | $515,000 | $224,000 | $224,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Ascend Federal Credit Union's 2023 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 Ascend Federal Credit Union'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 Tennessee, download the full spreadsheet
with aggregated HMDA statistics today.