Tennessee Valley Federal C U Mortgage Lending & HMDA Data, 2020
In 2020, Tennessee Valley Federal C U of Chattanooga, TN reported 1,996 mortgage applications totaling $328.5 million, up 53% from 2019. The average application was for $164,599, and applicants reported an average income of $92,272. 64% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Chattanooga, TN-GA (1,556), Cleveland, TN (229) and Dalton, GA (40) (applications in parentheses).
| Mortgage Company & Address | Tennessee Valley Federal C U 535 Chestnut Street Chattanooga, TN 37402 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 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 | 1,996 |
| Total Mortgage Loan Application Amount | $328,540,000 |
| Average Mortgage Loan Application Amount | $164,599 |
| Highest Mortgage Loan Application Amount | $1,995,000 |
| Average Applicant Income | $92,272 |
| Highest Applicant Income | $3,480,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Tennessee Valley Federal C U filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Hamilton, Tennessee | 1,108 | $ 197,060,000 | $ 177,851 | $ 103,000 |
| Catoosa, Georgia | 211 | $ 30,935,000 | $ 146,611 | $ 81,000 |
| Bradley, Tennessee | 203 | $ 30,875,000 | $ 152,093 | $ 76,000 |
| Walker, Georgia | 125 | $ 17,895,000 | $ 143,160 | $ 83,000 |
| Marion, Tennessee | 66 | $ 9,640,000 | $ 146,060 | $ 79,000 |
| Rhea, Tennessee | 39 | $ 5,675,000 | $ 145,512 | $ 78,000 |
| Whitfield, Georgia | 36 | $ 5,410,000 | $ 150,277 | $ 102,000 |
| McMinn, Tennessee | 27 | $ 3,445,000 | $ 127,592 | $ 72,000 |
| Dade, Georgia | 26 | $ 2,840,000 | $ 109,230 | $ 68,000 |
| Polk, Tennessee | 26 | $ 3,890,000 | $ 149,615 | $ 75,000 |
| Sequatchie, Tennessee | 20 | $ 3,810,000 | $ 190,500 | $ 89,000 |
| Bledsoe, Tennessee | 19 | $ 3,095,000 | $ 162,894 | $ 74,000 |
| Jackson, Alabama | 11 | $ 1,345,000 | $ 122,272 | $ 63,000 |
| Grundy, Tennessee | 9 | $ 805,000 | $ 89,444 | $ 60,000 |
| Meigs, Tennessee | 9 | $ 835,000 | $ 92,777 | $ 66,000 |
| DeKalb, Alabama | 7 | $ 915,000 | $ 130,714 | $ 88,000 |
| Knox, Tennessee | 5 | $ 1,295,000 | $ 259,000 | $ 127,000 |
| Murray, Georgia | 4 | $ 250,000 | $ 62,500 | $ 79,000 |
| Roane, Tennessee | 4 | $ 610,000 | $ 152,500 | $ 106,000 |
| Chattooga, Georgia | 3 | $ 315,000 | $ 105,000 | $ 40,000 |
| Chatham, Georgia | 2 | $ 760,000 | $ 380,000 | $ 125,000 |
| DeKalb, Georgia | 2 | $ 550,000 | $ 275,000 | $ 82,000 |
| Richmond, Georgia | 2 | $ 110,000 | $ 55,000 | $ 26,000 |
| Anderson, Tennessee | 2 | $ 510,000 | $ 255,000 | $ 86,000 |
| Coffee, Tennessee | 2 | $ 620,000 | $ 310,000 | $ 147,000 |
| Davidson, Tennessee | 2 | $ 600,000 | $ 300,000 | $ 117,000 |
| Rutherford, Tennessee | 2 | $ 210,000 | $ 105,000 | $ 116,000 |
| Madison, Alabama | 1 | $ 195,000 | $ 195,000 | $ 68,000 |
| Mobile, Alabama | 1 | $ 375,000 | $ 375,000 | $ 109,000 |
| Bay, Florida | 1 | $ 295,000 | $ 295,000 | $ 83,000 |
| Duval, Florida | 1 | $ 105,000 | $ 105,000 | $ 58,000 |
| Franklin, Florida | 1 | $ 65,000 | $ 65,000 | $ 152,000 |
| Manatee, Florida | 1 | $ 205,000 | $ 205,000 | $ 115,000 |
| Polk, Florida | 1 | $ 225,000 | $ 225,000 | $ 147,000 |
| Sarasota, Florida | 1 | $ 55,000 | $ 55,000 | $ 36,000 |
| Seminole, Florida | 1 | $ 305,000 | $ 305,000 | $ 142,000 |
| Volusia, Florida | 1 | $ 295,000 | $ 295,000 | $ 92,000 |
| Bartow, Georgia | 1 | $ 115,000 | $ 115,000 | $ 215,000 |
| Cherokee, Georgia | 1 | $ 385,000 | $ 385,000 | $ 120,000 |
| Clayton, Georgia | 1 | $ 95,000 | $ 95,000 | $ 17,000 |
| Gilmer, Georgia | 1 | $ 145,000 | $ 145,000 | $ 35,000 |
| Gordon, Georgia | 1 | $ 65,000 | $ 65,000 | $ 36,000 |
| Newton, Georgia | 1 | $ 205,000 | $ 205,000 | $ 89,000 |
| Blount, Tennessee | 1 | $ 75,000 | $ 75,000 | $ 22,000 |
| Loudon, Tennessee | 1 | $ 225,000 | $ 225,000 | $ 44,000 |
| Maury, Tennessee | 1 | $ 175,000 | $ 175,000 | $ 96,000 |
| Monroe, Tennessee | 1 | $ 125,000 | $ 125,000 | $ 80,000 |
| Putnam, Tennessee | 1 | $ 155,000 | $ 155,000 | $ 41,000 |
| Sevier, Tennessee | 1 | $ 235,000 | $ 235,000 | $ 45,000 |
| Shelby, Tennessee | 1 | $ 85,000 | $ 85,000 | $ 59,000 |
| Sumner, Tennessee | 1 | $ 35,000 | $ 35,000 | $ 142,000 |
Mortgage Loan Application Detail Totals for Tennessee Valley Federal C U 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 |
|---|---|---|---|---|---|---|
| Cash-out Refinancing | 711 | $94,125,000 | $132,000 | $1,825,000 | $90,000 | $2,968,000 |
| Refinancing | 645 | $110,935,000 | $171,000 | $1,995,000 | $103,000 | $3,480,000 |
| Home Purchase | 631 | $122,915,000 | $194,000 | $695,000 | $84,000 | $525,000 |
| Other Purpose | 9 | $565,000 | $62,000 | $125,000 | $83,000 | $185,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Home Improvement | 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 | 1,682 | $281,890,000 | $167,000 | $1,995,000 | $94,000 | $3,480,000 |
| Black or African American | 125 | $15,175,000 | $121,000 | $455,000 | $63,000 | $200,000 |
| Not Provided | 75 | $12,025,000 | $160,000 | $535,000 | $108,000 | $1,633,000 |
| Not applicable | 52 | $8,710,000 | $167,000 | $1,605,000 | $0 | $0 |
| Hispanic | 34 | $5,710,000 | $167,000 | $695,000 | $96,000 | $525,000 |
| Asian | 15 | $2,385,000 | $159,000 | $425,000 | $79,000 | $278,000 |
| American Indian or Alaskan Native | 9 | $1,375,000 | $152,000 | $225,000 | $85,000 | $132,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $85,000 | $85,000 | $85,000 | $76,000 | $76,000 |
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) | 1,996 | $328,540,000 | $164,000 | $1,995,000 | $92,000 | $3,480,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 | 1,285 | $217,705,000 | $169,000 | $1,995,000 | $90,000 | $776,000 |
| Application Withdrawn By Applicant | 484 | $80,720,000 | $166,000 | $1,825,000 | $108,000 | $3,480,000 |
| Application Denied By Financial Institution | 173 | $22,015,000 | $127,000 | $565,000 | $73,000 | $656,000 |
| Application Approved But Not Accepted | 41 | $6,175,000 | $150,000 | $475,000 | $81,000 | $239,000 |
| File Closed For Incompleteness | 13 | $1,925,000 | $148,000 | $255,000 | $89,000 | $250,000 |
| 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 | 1,823 | $306,525,000 | $168,000 | $1,995,000 | $94,000 | $3,480,000 |
| Debt-To-Income Ratio | 67 | $9,265,000 | $138,000 | $565,000 | $53,000 | $123,000 |
| Credit History | 39 | $3,915,000 | $100,000 | $385,000 | $69,000 | $228,000 |
| Other | 32 | $4,320,000 | $135,000 | $365,000 | $115,000 | $656,000 |
| Collateral | 27 | $3,815,000 | $141,000 | $345,000 | $84,000 | $194,000 |
| Unverifiable Information | 5 | $505,000 | $101,000 | $155,000 | $45,000 | $78,000 |
| Employment History | 3 | $195,000 | $65,000 | $95,000 | $50,000 | $58,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Tennessee Valley Federal C U's 2020 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 Tennessee Valley Federal C U'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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About