Purchase Originations
470
Median Total Costs
$5,778
−13.5% vs national ($6,680)
↑ $298 vs prior year
Median Rate
5.606%
−13.6% vs national (6.490%)
↓ 0.644% vs prior year
Median Origination
$3,545
Median Lender Credits
$56
Denial Rate
9.8%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 462 | 5.606% | $5,778 | $3,545 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Tennessee | 324 | 5.604% | $5,975 | #50 |
| Georgia | 126 | 5.604% | $5,597 | #127 |
| Alabama | 6 | 6.089% | $5,304 | — |
| Florida | 3 | 6.053% | $5,566 | — |
| Kentucky | 2 | 5.582% | $4,541 | — |
| South Carolina | 2 | 6.768% | $3,446 | — |
| Colorado | 1 | 6.500% | $4,918 | — |
| Kansas | 1 | 6.125% | $4,014 | — |
| Missouri | 1 | 5.190% | $6,384 | — |
| Mississippi | 1 | 5.573% | $5,741 | — |
| North Carolina | 1 | 5.577% | $5,245 | — |
| Ohio | 1 | 6.000% | $6,105 | — |
| Virginia | 1 | 5.600% | $8,533 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,593 | 5.839% | — | 11 | −$1,185 | |
| 2 | $4,797 | 5.584% | — | 3 | −$981 | |
| 3 | $4,808 | 6.005% | — | 2 | −$970 | |
| 4 | $4,833 | 6.091% | — | 2 | −$945 | |
| 5 | $4,859 | 6.076% | — | 8 | −$919 | |
| 6 | $5,118 | 6.060% | — | 36 | −$660 | |
| 7 | $5,126 | 5.579% | — | 8 | −$652 | |
| 8 | $5,127 | 5.583% | — | 12 | −$651 | |
| 9 | $5,276 | 5.602% | — | 33 | −$502 | |
| 10 | $5,324 | 6.299% | — | 4 | −$454 | |
| 11 | $5,632 | 5.688% | — | 14 | −$146 | |
| 12 | $5,670 | 5.837% | — | 7 | −$108 | |
| 13 | $5,778 | 5.599% | — | 55 | +$0 | |
| 14 | $6,208 | 5.602% | — | 220 | +$430 | |
| 15 | $6,446 | 5.604% | — | 13 | +$668 | |
| 16 | $6,885 | 5.446% | — | 2 | +$1,107 | |
| 17 | $7,814 | 6.221% | — | 2 | +$2,036 | |
| 18 | $7,892 | 5.850% | — | 3 | +$2,114 | |
| 19 | $9,633 | 5.600% | — | 3 | +$3,855 | |
| 20 | $11,986 | 5.693% | — | 2 | +$6,208 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | Tennessee Valley FCU | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $295,000 | $335,000 | −$40,000 (−11.9%) |
| Median total closing costs | $5,778 | $7,127 | −$1,349 (−18.9%) |
Other high-volume lenders side-by-side.
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Data source: HMDA Modified Loan Application Register 2025, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.