Tnbank Mortgage Rates, Fees & Info
Oak Ridge, TNLEI: 549300CQMDOXGP2WE649
Tax ID: 62-1574281
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Mortgage Data
Review & Overview
Tnbank is a smaller bank specializing in Home Purchase and Refi loans. Tnbank has a high proportion of conventional loans. Their top markets by origination volume include: Knoxville, Crestview, Lakeland, and Sevierville among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Tnbank has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
63Origination Dollar Volume (All Markets)
$20,985,000Top Markets
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 |
|---|---|---|---|---|---|
| KNOXVILLE, TN (FHA|USDA|VA) | 58 | $19,370,000 | $333,966 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $1,195,000 | $1,195,000 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $110,000 | $55,000 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 63 | $20,985,000 | $333,095 | $0 | 0.00% |
For 2023, Tnbank's most frequently originated type of loan was Conventional, with 63 originations.
Loan Reason
For 2023, Tnbank's most frequently cited loan purpose was Home Purchase, with 40 originations. The 2nd most popular reason was Refi, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 63 | $20,985,000 | $333,095 | $0 | 0.00% |
For 2023, Tnbank's most frequently cited loan duration was Other, with 63 originations.
Loan Sizing
2023 saw Tnbank place emphasis on $100k-200k loans with 16 originations, totaling $2,450,000 in origination value.
Applicant Income
Tnbank lent most frequently to those with incomes in the $150k-250k range, with 14 originations. The second most popular income band? $250k+, with 13 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 63 | $20,985,000 | $333,095 | $0 | 0.00% |
Tnbank lent most frequently to those with DTI ratios of Exempt%, with 63 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.61%
Tnbank has an average approval rate.
Pick Rate
Approvals leading to origination90.48%
Tnbank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 63 | $20,985,000 | $333,095 |