First Volunteer Bank Mortgage Rates, Fees & InfoChattanooga, TN
Tax ID: 62-0280730
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewFirst Volunteer Bank is a smaller bank specializing in Refi and Home Purchase loans. First Volunteer Bank has a high proportion of conventional loans. Their top markets by origination volume include: Chattanooga, Knoxville, Dalton, Cleveland, and Lawrenceburg among others. We have data for 22 markets. (Some data included below & more in-depth data is available with an active subscription.)
First Volunteer Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Origination Dollar Volume (All Markets)$107,165,000
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
|Market||Originations||Total Value||Average Loan||Average Fees||Average Rate|
|CHATTANOOGA, TN-GA (FHA|USDA|VA)||302||$60,350,000||$199,834||$0||0.00%|
|KNOXVILLE, TN (FHA|USDA|VA)||76||$11,310,000||$148,816||$0||0.00%|
|DALTON, GA (FHA|USDA|VA)||31||$6,165,000||$198,871||$0||0.00%|
|Outside of Metro Areas||46||$5,180,000||$112,609||$0||0.00%|
|CLEVELAND, TN (FHA|USDA|VA)||30||$4,450,000||$148,333||$0||0.00%|
|Lawrenceburg, TN (FHA|USDA|VA)||29||$3,995,000||$137,759||$0||0.00%|
|Calhoun, GA (FHA|USDA|VA)||9||$3,825,000||$425,000||$0||0.00%|
|Cookeville, TN (FHA|USDA|VA)||33||$3,535,000||$107,121||$0||0.00%|
|Crossville, TN (FHA|USDA|VA)||3||$2,095,000||$698,333||$0||0.00%|
|NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA)||4||$1,710,000||$427,500||$0||0.00%|
|Athens, TN (FHA|USDA|VA)||16||$1,680,000||$105,000||$0||0.00%|
|KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA)||2||$590,000||$295,000||$0||0.00%|
|Sevierville, TN (FHA|USDA|VA)||1||$565,000||$565,000||$0||0.00%|
|ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA)||2||$510,000||$255,000||$0||0.00%|
|CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA)||1||$315,000||$315,000||$0||0.00%|
|AUBURN-OPELIKA, AL (FHA|USDA|VA)||1||$225,000||$225,000||$0||0.00%|
|London, KY (FHA|USDA|VA)||2||$200,000||$100,000||$0||0.00%|
|FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA)||1||$175,000||$175,000||$0||0.00%|
|Starkville, MS (FHA|USDA|VA)||1||$165,000||$165,000||$0||0.00%|
|Dayton, TN (FHA|USDA|VA)||1||$55,000||$55,000||$0||0.00%|
|Scottsboro, AL (FHA|USDA|VA)||1||$45,000||$45,000||$0||0.00%|
|ANNISTON-OXFORD, AL (FHA|USDA|VA)||1||$25,000||$25,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, First Volunteer Bank's most frequently originated type of loan was Conventional, with 593 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, First Volunteer Bank's most frequently cited loan purpose was Refi, with 270 originations. The 2nd most popular reason was Home Purchase, with 115 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, First Volunteer Bank's most frequently cited loan duration was Other, with 593 originations.
2022 saw First Volunteer Bank place emphasis on $100,000 or less loans with 268 originations, totaling $14,720,000 in origination value.
First Volunteer Bank lent most frequently to those with incomes in the $50k or less range, with 91 originations. The second most popular income band? $150k-250k, with 90 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
First Volunteer Bank lent most frequently to those with DTI ratios of Exempt%, with 593 originations.
Approval RatesTotal approvals of all applications
First Volunteer Bank has a below average approval rate.
Pick RateApprovals leading to origination
First Volunteer Bank has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|Bank Name||Product||Issue||2022 CPFB Complaints||% of Total Issues|
|FIRST CITIZENS BANCSHARES, INC.||Home equity loan or line of credit (HELOC)||Applying for a mortgage or refinancing an existing mortgage||1||100.0%|