Tennessee Valley Federal C U Mortgage Lending & HMDA Data, 2003
In 2003, Tennessee Valley Federal C U of Chattanooga, TN reported 647 mortgage applications totaling $58.3 million. The average application was for $90,102, and applicants reported an average income of $63,306. 92% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Chattanooga, TN-GA (383), Huntsville, AL (2) and Elmira, NY (1) (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 | 647 |
| Total Mortgage Loan Application Amount | $58,296,000 |
| Average Mortgage Loan Application Amount | $90,102 |
| Highest Mortgage Loan Application Amount | $323,000 |
| Average Applicant Income | $63,306 |
| Highest Applicant Income | $247,000 |
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records Tennessee Valley Federal C U filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Chattanooga, TN-GA | 383 | $ 37,303,000 | $ 97,396 | $ 63,000 |
| Huntsville, AL | 2 | $ 159,000 | $ 79,500 | $ 108,000 |
| Elmira, NY | 1 | $ 38,000 | $ 38,000 | $ 86,000 |
| Fayetteville, NC | 1 | $ 85,000 | $ 85,000 | $ 69,000 |
| Knoxville, TN | 1 | $ 50,000 | $ 50,000 | $ 33,000 |
| Nashville, TN | 1 | $ 108,000 | $ 108,000 | $ 58,000 |
| Pensacola, FL | 1 | $ 169,000 | $ 169,000 | $ 59,000 |
Mortgage Loan Application Detail Totals for Tennessee Valley Federal C U in 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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 542 | $47,734,000 | $97,166 | $323,000 | $66,833 | $247,000 |
| Home Purchase (one-to-four family) | 100 | $10,442,000 | $94,200 | $311,000 | $88,800 | $204,000 |
| Home Improvement (one-to-four family) | 5 | $120,000 | $21,000 | $50,000 | $65,000 | $181,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 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 | 598 | $53,785,000 | $111,166 | $323,000 | $72,666 | $247,000 |
| Black | 31 | $2,867,000 | $74,200 | $309,000 | $73,800 | $204,000 |
| Information not provided by applicant in mail or telephone application | 11 | $854,000 | $69,500 | $177,000 | $51,500 | $116,000 |
| American Indian or Alaskan Native | 4 | $457,000 | $114,000 | $262,000 | $72,000 | $130,000 |
| Asian or Pacific Islander | 3 | $333,000 | $111,000 | $228,000 | $75,000 | $109,000 |
| Hispanic | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 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) | 647 | $58,296,000 | $98,857 | $323,000 | $73,857 | $247,000 |
| 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 | 597 | $54,046,000 | $111,666 | $323,000 | $74,166 | $247,000 |
| Application Denied By Financial Institution | 23 | $1,895,000 | $75,500 | $311,000 | $50,500 | $103,000 |
| Application Withdrawn By Applicant | 19 | $1,527,000 | $59,666 | $190,000 | $73,000 | $158,000 |
| Application Approved But Not Accepted | 6 | $554,000 | $89,000 | $108,000 | $68,000 | $103,000 |
| File Closed For Incompleteness | 2 | $274,000 | $137,000 | $232,000 | $150,500 | $181,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 10 | $911,000 | $77,000 | $162,000 | $40,500 | $79,000 |
| Debt-To-Income Ratio | 6 | $257,000 | $35,000 | $88,000 | $46,000 | $65,000 |
| Collateral | 4 | $286,000 | $87,000 | $119,000 | $52,000 | $74,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Tennessee Valley Federal C U's 2003 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