Volunteer State Bank Mortgage Rates, Fees & InfoPortland, TN
Tax ID: 62-0992874
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewVolunteer State Bank is a smaller bank specializing in Refi and Home Purchase loans. Volunteer State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Nashville, Crestview, Shelbyville, Clarksville, and Panama City among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)
Volunteer State Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Origination Dollar Volume (All Markets)$182,395,000
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|
|NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA)||571||$159,255,000||$278,905||$0||0.00%|
|CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA)||3||$6,305,000||$2,101,667||$0||0.00%|
|Shelbyville, TN (FHA|USDA|VA)||2||$3,290,000||$1,645,000||$0||0.00%|
|CLARKSVILLE, TN-KY (FHA|USDA|VA)||7||$2,855,000||$407,857||$0||0.00%|
|PANAMA CITY, FL (FHA|USDA|VA)||5||$2,455,000||$491,000||$0||0.00%|
|Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA)||1||$2,175,000||$2,175,000||$0||0.00%|
|Albertville, AL (FHA|USDA|VA)||1||$1,245,000||$1,245,000||$0||0.00%|
|HUNTSVILLE, AL (FHA|USDA|VA)||1||$905,000||$905,000||$0||0.00%|
|Outside of Metro Areas||3||$885,000||$295,000||$0||0.00%|
|Tullahoma-Manchester, TN (FHA|USDA|VA)||4||$780,000||$195,000||$0||0.00%|
|PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA)||2||$500,000||$250,000||$0||0.00%|
|DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA)||1||$405,000||$405,000||$0||0.00%|
|CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA)||1||$305,000||$305,000||$0||0.00%|
|TUSCALOOSA, AL (FHA|USDA|VA)||1||$295,000||$295,000||$0||0.00%|
|CHATTANOOGA, TN-GA (FHA|USDA|VA)||1||$245,000||$245,000||$0||0.00%|
|Lewisburg, TN (FHA|USDA|VA)||2||$230,000||$115,000||$0||0.00%|
|MEMPHIS, TN-MS-AR (FHA|USDA|VA)||1||$105,000||$105,000||$0||0.00%|
|BOWLING GREEN, KY (FHA|USDA|VA)||2||$80,000||$40,000||$0||0.00%|
|Cookeville, TN (FHA|USDA|VA)||1||$45,000||$45,000||$0||0.00%|
|McMinnville, TN (FHA|USDA|VA)||1||$35,000||$35,000||$0||0.00%|
We use machine learning to identify the top lenders compared against Volunteer State Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 420
Similarity Rank: 490
Similarity Rank: 833
Similarity Rank: 1104
Similarity Rank: 1260
Similarity Rank: 2000
Similarity Rank: 2010
Similarity Rank: 2295
Similarity Rank: 2680
Similarity Rank: 3080
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Volunteer State Bank's most frequently originated type of loan was Conventional, with 611 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Volunteer State Bank's most frequently cited loan purpose was Refi, with 184 originations. The 2nd most popular reason was Other, with 161 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Volunteer State Bank's most frequently cited loan duration was Other, with 611 originations.
2022 saw Volunteer State Bank place emphasis on $100,000 or less loans with 177 originations, totaling $9,825,000 in origination value.
Volunteer State Bank lent most frequently to those with incomes in the $100k-150k range, with 116 originations. The second most popular income band? $150k-250k, with 111 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Volunteer State Bank lent most frequently to those with DTI ratios of Exempt%, with 611 originations.
Approval RatesTotal approvals of all applications
Volunteer State Bank has an average approval rate.
Pick RateApprovals leading to origination
Volunteer State Bank has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|