CHATTANOOGA Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Chattanooga averaged
3.19%
for the week of 2021-11-24, compared to the national average of
3.1% for the same period.
The average rate for the prior week (2021-11-18) was
3.19% and
one month ago for the week of 2021-10-21, the
average rate was 3.48%.
Chattanooga's average rate one year ago was 2.71%.
For refis of the same type during the week of 2021-11-24, the average rate
was 3.45%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-11-24 | 3.1% |
| Chattanooga 30 Year Fixed Rate | 2021-11-24 | 3.19% |
| Chattanooga 30 Year Fixed Rate Refi | 2021-11-24 | 3.45% |
| Chattanooga 15 Year Fixed Rate | 2021-11-24 | 3.11% |
| Chattanooga 15 Year Fixed Rate Refi | 2021-11-24 | 2.86% |
| Chattanooga 30 Year FHA | 2021-11-24 | 3.75% |
| Chattanooga 30 Year FHA Refi | 2021-11-24 | 3.34% |
| Chattanooga 30 Year USDA | 2021-11-24 | 3.34% |
| Chattanooga 30 Year USDA Refi | 2021-11-24 | 3.58% |
| Chattanooga 30 Year VA | 2021-11-24 | 3.26% |
| Chattanooga 30 Year VA Refi | 2021-11-24 | 2.92% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within CHATTANOOGA, TN-GA.
CHATTANOOGA Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the CHATTANOOGA, TN-GA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
CHATTANOOGA, TN-GA's 331 lenders originated 23,842
loans during 2020. The total origination value was $5,372,370,000, with an average loan value of
$225,332.
The top CHATTANOOGA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with
977 loans originated. Their average total fees are
$3,197, which is $1,875
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee CHATTANOOGA lenders (with over 10 loans originated) are
SIRVA MORTGAGE, INC. ($742), SUN WEST MORTGAGE COMPANY, INC. ($1,351), ROUNDPOINT MORTGAGE SERVICING CORPORATION ($1,510), SWBC MORTGAGE CORPORATION ($2,022) and Gateway First Bank ($2,104).
The lowest rate CHATTANOOGA lenders (with over 10 loans originated) are
SmartBank (2.93%), AMERISAVE MORTGAGE CORPORATION (2.96%), First Citizens National Bank (2.97%), NBKC BANK (2.98%) and Independent Bank (3.00%).
CHATTANOOGA, TN-GA Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2019 Loan Value | 2020 Loan Value | % Change | 2020 Market Share |
|---|---|---|---|---|
| Quicken Loans | $174,835,000 | $375,690,000 | 114.9% | 7.0% |
| MOVEMENT MORTGAGE, LLC | $189,000,000 | $337,785,000 | 78.7% | 6.3% |
| REGIONS BANK | $106,445,000 | $204,545,000 | 92.2% | 3.8% |
| Pinnacle Bank | $305,000 | $185,100,000 | 60,588.5% | 3.4% |
| MORTGAGE INVESTORS GROUP | $99,245,000 | $185,045,000 | 86.5% | 3.4% |
| Caliber Home Loans Inc | $114,470,000 | $183,765,000 | 60.5% | 3.4% |
| Tennessee Valley Federal Credit Union | $95,070,000 | $170,630,000 | 79.5% | 3.2% |
| Freedom Mortgage Corporation | $56,870,000 | $151,745,000 | 166.8% | 2.8% |
| TJC Mortgage, Inc. | $76,105,000 | $151,110,000 | 98.6% | 2.8% |
| FirstBank | $93,630,000 | $147,315,000 | 57.3% | 2.7% |
| Branch Banking And Trust Co | $26,520,000 | $139,450,000 | 425.8% | 2.6% |
| PRIMELENDING | $95,295,000 | $125,170,000 | 31.4% | 2.3% |
| New American Funding (dba for Broker Solutions Inc) | $62,975,000 | $117,545,000 | 86.7% | 2.2% |
| Highlands Residential Mortgage Ltd | $45,755,000 | $108,580,000 | 137.3% | 2.0% |
| Cardinal Financial Company LP | $54,570,000 | $90,405,000 | 65.7% | 1.7% |
| First Tennessee Bank National | $80,260,000 | $87,995,000 | 9.6% | 1.6% |
| CMG Mortgage Inc. | $59,620,000 | $57,675,000 | -3.3% | 1.1% |
| loanDepot LLC | $30,445,000 | $57,450,000 | 88.7% | 1.1% |
| United Shore Financial Services LLC | $41,555,000 | $53,415,000 | 28.5% | 1.0% |
| FAIRWAY INDEPENDENT MORT CORP | $36,825,000 | $52,575,000 | 42.8% | 1.0% |
| Citizens Tri-County Bank | $26,900,000 | $50,635,000 | 88.2% | 0.9% |
| Synovus Bank | $18,345,000 | $45,895,000 | 150.2% | 0.9% |
| Bank of England | $22,385,000 | $44,555,000 | 99.0% | 0.8% |
| FIRST CITIZENS NATIONAL BANK | $19,905,000 | $44,535,000 | 123.7% | 0.8% |
| WELLS FARGO BANK NA | $43,905,000 | $43,710,000 | -0.4% | 0.8% |
| WALKER & DUNLOP, LLC | $63,500,000 | $43,510,000 | -31.5% | 0.8% |
| PENNYMAC LOAN SERVICES LLC | $18,070,000 | $43,480,000 | 140.6% | 0.8% |
| Mortgage Research Center LLC | $32,515,000 | $42,545,000 | 30.8% | 0.8% |
| Summit Funding Inc. | $18,425,000 | $42,170,000 | 128.9% | 0.8% |
| Member First Mortgage LLC | $45,150,000 | $41,900,000 | -7.2% | 0.8% |
| Amerisave Mortgage Corporation | $10,035,000 | $41,810,000 | 316.6% | 0.8% |
| Greystone Servicing Corporation, Inc. | $41,740,000 | n/a | 0.8% | |
| Ark-La-Tex Financial Services LLC | $1,770,000 | $41,670,000 | 2,254.2% | 0.8% |
| First Volunteer Bank | $33,930,000 | $41,070,000 | 21.0% | 0.8% |
| Grandbridge Real Est Capital | $40,990,000 | n/a | 0.8% | |
| Primary Residential Mortgage Inc. | $16,615,000 | $39,735,000 | 139.2% | 0.7% |
| Nationstar Mortgage | $25,230,000 | $39,390,000 | 56.1% | 0.7% |
| Independent Bank | $23,665,000 | $38,875,000 | 64.3% | 0.7% |
| Community Mortgage Corporation | $20,165,000 | $36,725,000 | 82.1% | 0.7% |
| Bank of America NA | $39,545,000 | $34,210,000 | -13.5% | 0.6% |
| SmartBank | $37,450,000 | $32,880,000 | -12.2% | 0.6% |
| Prosperity Home Mortgage LLC | $13,990,000 | $31,050,000 | 121.9% | 0.6% |
| First Community Mortgage Inc. | $12,475,000 | $30,695,000 | 146.1% | 0.6% |
| Prudential Multifamily Mortgage, LLC. | $20,995,000 | $30,555,000 | 45.5% | 0.6% |
| JPMorgan Chase Bank, NA | $29,375,000 | $28,075,000 | -4.4% | 0.5% |
| USAA FEDERAL SAVINGS BANK | $35,045,000 | $26,420,000 | -24.6% | 0.5% |
| Lakeview Loan Servicing, LLC | $9,035,000 | $25,075,000 | 177.5% | 0.5% |
| Capital One, NA | $30,980,000 | $24,485,000 | -21.0% | 0.5% |
| Better Mortgage Corporation | $7,140,000 | $23,970,000 | 235.7% | 0.4% |
| CBNA | $18,965,000 | $23,760,000 | 25.3% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $21,350,000 | $23,230,000 | 8.8% | 0.4% |
| Keller Mortgage LLC | $15,115,000 | $22,555,000 | 49.2% | 0.4% |
| RENASANT BANK | $12,365,000 | $22,450,000 | 81.6% | 0.4% |
| Reliant Bank | $13,705,000 | $22,325,000 | 62.9% | 0.4% |
| Land Home Financial Services Inc. | $11,650,000 | $21,610,000 | 85.5% | 0.4% |
| Home Point Financial Corporation | $4,450,000 | $20,560,000 | 362.0% | 0.4% |
| Atlantic Bay Mortgage Group LLC | $12,345,000 | $20,410,000 | 65.3% | 0.4% |
| iServe Residential Lending LLC | $12,950,000 | $19,615,000 | 51.5% | 0.4% |
| Churchill Mortgage Corporation | $16,800,000 | $19,300,000 | 14.9% | 0.4% |
| Supreme Lending/ Everett Financial Inc. | $16,885,000 | $19,065,000 | 12.9% | 0.4% |
| BancorpSouth Bank | $8,985,000 | $17,990,000 | 100.2% | 0.3% |
| US BANK, N.A. | $10,895,000 | $17,550,000 | 61.1% | 0.3% |
| SouthEast Bank | $22,575,000 | $17,330,000 | -23.2% | 0.3% |
| NewDay Financial LLC dba NewDay USA | $7,830,000 | $16,730,000 | 113.7% | 0.3% |
| United Community Bank | $7,970,000 | $16,345,000 | 105.1% | 0.3% |
| Flagstar Bank | $18,460,000 | $15,980,000 | -13.4% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC | $9,625,000 | $15,225,000 | 58.2% | 0.3% |
| NEWREZ LLC | $6,655,000 | $14,960,000 | 124.8% | 0.3% |
| Legends Bank | $8,230,000 | $14,775,000 | 79.5% | 0.3% |
| Brand Mortgage | $7,990,000 | $14,765,000 | 84.8% | 0.3% |
| Bellwether Enterprise Real Estate Capital LLC | $14,005,000 | n/a | 0.3% | |
| Alterra Group LLC dba Alterra Home Loans | $3,640,000 | $13,460,000 | 269.8% | 0.3% |
| CARRINGTON MORTGAGE SERVICES | $11,465,000 | $13,015,000 | 13.5% | 0.2% |
| AMERIS BANK | $4,320,000 | $12,870,000 | 197.9% | 0.2% |
| Stockton Mortgage Corporation | $2,220,000 | $12,835,000 | 478.2% | 0.2% |
| Bank of Cleveland | $6,590,000 | $12,635,000 | 91.7% | 0.2% |
| UBS Bank USA | $4,375,000 | $12,335,000 | 181.9% | 0.2% |
| FNB Bank | $11,990,000 | $12,285,000 | 2.5% | 0.2% |
| DAS Acquisition Company, LLC | $1,125,000 | $12,240,000 | 988.0% | 0.2% |
| Wyndham Capital Mortgage | $4,175,000 | $11,560,000 | 176.9% | 0.2% |
| Union Home Mortgage Company | $5,780,000 | $11,180,000 | 93.4% | 0.2% |
| Arbor Realty Trust Inc | $9,095,000 | $11,130,000 | 22.4% | 0.2% |
| Sun West Mortgage Company Inc. | $3,030,000 | $11,100,000 | 266.3% | 0.2% |
| Millennium Bank | $11,850,000 | $11,020,000 | -7.0% | 0.2% |
| Wolfe Financial Inc. DBA Integrity Mortgage Group | $7,255,000 | $10,990,000 | 51.5% | 0.2% |
| Sirva Mortgage Inc. | $12,155,000 | $10,690,000 | -12.1% | 0.2% |
| Farm Credit Mid-America | $5,025,000 | $10,085,000 | 100.7% | 0.2% |
| Village Capital & Investment | $1,625,000 | $10,045,000 | 518.2% | 0.2% |
| Citizens Bank & Trust Inc | $6,385,000 | $9,910,000 | 55.2% | 0.2% |
| CBRE Multifamily Capital, Inc. | $30,215,000 | $9,625,000 | -68.1% | 0.2% |
| AmeriHomeMortgageCompany,LL | $3,005,000 | $9,550,000 | 217.8% | 0.2% |
| Fifth Third Bank | $5,850,000 | $9,515,000 | 62.6% | 0.2% |
| Berkadia Commercial Mortgage | $10,205,000 | $9,470,000 | -7.2% | 0.2% |
| Clearpath Lending | $7,785,000 | $9,360,000 | 20.2% | 0.2% |
| Intercontinental Capital Group, Inc. | $1,840,000 | $9,070,000 | 392.9% | 0.2% |
| Guaranty Trust Company | $7,225,000 | $9,030,000 | 25.0% | 0.2% |
| Citibank, N.A. | $20,660,000 | $8,725,000 | -57.8% | 0.2% |
| Success Mortgage Partners Inc. | $2,495,000 | $8,640,000 | 246.3% | 0.2% |
| Loan Simple Inc | $3,925,000 | $8,380,000 | 113.5% | 0.2% |
| Synergy One Lending | $6,190,000 | $8,005,000 | 29.3% | 0.1% |
| NBKC Bank | $3,385,000 | $7,955,000 | 135.0% | 0.1% |
| HomeBridge Financial Services, Inc. | $8,840,000 | $7,675,000 | -13.2% | 0.1% |
| Geneva Financial LLC | $1,475,000 | $7,545,000 | 411.5% | 0.1% |
| Reliance First Capital LLC | $2,935,000 | $7,440,000 | 153.5% | 0.1% |
| First Guaranty Mortgage Corporation | $2,255,000 | $7,420,000 | 229.0% | 0.1% |
| Southwest Funding LP | $2,525,000 | $7,000,000 | 177.2% | 0.1% |
| Barrington Bank & Trust | $4,555,000 | $6,990,000 | 53.5% | 0.1% |
| North American Savings Bank | $3,080,000 | $6,955,000 | 125.8% | 0.1% |
| Dougherty Mortgage, LLC | $13,175,000 | $6,695,000 | -49.2% | 0.1% |
| VanDyk Mortgage Corporation | $3,360,000 | $6,340,000 | 88.7% | 0.1% |
| First-Citizens Bank & Trust Co | $2,425,000 | $6,320,000 | 160.6% | 0.1% |
| Planet Home Lending LLC | $595,000 | $6,320,000 | 962.2% | 0.1% |
| Blue Ridge Bank, NA | $6,285,000 | n/a | 0.1% | |
| Guaranteed Rate Inc. | $4,455,000 | $6,225,000 | 39.7% | 0.1% |
| IBERIABANK | $2,215,000 | $6,220,000 | 180.8% | 0.1% |
| Mountain Valley Bank | $8,570,000 | $6,215,000 | -27.5% | 0.1% |
| The Federal Savings Bank | $6,475,000 | $5,920,000 | -8.6% | 0.1% |
| SimplyBank. | $2,870,000 | $5,850,000 | 103.8% | 0.1% |
| SWBC Mortgage Corporation | $1,270,000 | $5,775,000 | 354.7% | 0.1% |
| CU Community LLC | $3,830,000 | $5,690,000 | 48.6% | 0.1% |
| Guild Mortgage Company | $8,560,000 | $5,505,000 | -35.7% | 0.1% |
| American Financial Network Inc. | $2,325,000 | $5,385,000 | 131.6% | 0.1% |
| Bank of Dade | $6,275,000 | $5,325,000 | -15.1% | 0.1% |
| Ascend Federal Credit Union | $1,060,000 | $5,260,000 | 396.2% | 0.1% |
| First Jackson Bank | $3,950,000 | $5,070,000 | 28.4% | 0.1% |
| Sovereign Lending Group, Inc | $1,690,000 | $4,935,000 | 192.0% | 0.1% |
| Nations Lending Corporation | $1,120,000 | $4,930,000 | 340.2% | 0.1% |
| Northpointe Bank | $2,805,000 | $4,805,000 | 71.3% | 0.1% |
| HomeStar Financial Corporation | $2,335,000 | $4,390,000 | 88.0% | 0.1% |
| Magnolia Bank Incorporated | $880,000 | $4,265,000 | 384.7% | 0.1% |
| Georgia United Credit Union | $2,030,000 | $4,205,000 | 107.1% | 0.1% |
| Finance of America Mortgage LLC | $2,130,000 | $4,180,000 | 96.2% | 0.1% |
| American Financing Corporation | $955,000 | $4,170,000 | 336.6% | 0.1% |
| F&M Bank | $1,900,000 | $4,100,000 | 115.8% | 0.1% |
| First Option Mortgage LLC | $1,750,000 | $4,045,000 | 131.1% | 0.1% |
| Royal United Mortgage LLC | $2,055,000 | $3,925,000 | 91.0% | 0.1% |
| Goldman Sachs Bank USA | $150,000 | $3,875,000 | 2,483.3% | 0.1% |
| CENTERSTATE BANK N.A. | $1,655,000 | $3,855,000 | 132.9% | 0.1% |
| PNC BANK NA | $4,075,000 | $3,735,000 | -8.3% | 0.1% |
| Colonial Savings | $3,080,000 | $3,665,000 | 19.0% | 0.1% |
| Mortgage Lenders of America LLC | $2,055,000 | $3,655,000 | 77.9% | 0.1% |
| Pentagon Federal Credit Union | $2,465,000 | $3,570,000 | 44.8% | 0.1% |
| Eastman Credit Union | $1,885,000 | $3,530,000 | 87.3% | 0.1% |
| GATEWAY MORTGAGE GROUP | $1,035,000 | $3,530,000 | 241.1% | 0.1% |
| Huntington National Bank | $1,830,000 | $3,410,000 | 86.3% | 0.1% |
| Raymond James Bank National Association | $1,305,000 | $3,385,000 | 159.4% | 0.1% |
| Embrace Home Loans, Inc. | $1,885,000 | $3,350,000 | 77.7% | 0.1% |
| Republic Bank & Trust Company | $910,000 | $3,340,000 | 267.0% | 0.1% |
| Endeavor Capital Mortgage LLC | $1,505,000 | $3,285,000 | 118.3% | 0.1% |
| PHH MORTGAGE CORPORATION | $1,565,000 | $3,205,000 | 104.8% | 0.1% |
| Andrew Johnson Bank | $1,960,000 | $2,990,000 | 52.6% | 0.1% |
| Provident Funding Associates | $3,205,000 | $2,990,000 | -6.7% | 0.1% |
| Homeside Financial LLC | $3,850,000 | $2,885,000 | -25.1% | 0.1% |
| FIRST NATIONAL BANK OF MIDDLE TENNESSEE | $705,000 | $2,665,000 | 278.0% | 0.0% |
| Guaranteed Rate Affinity LLC | $1,540,000 | $2,555,000 | 65.9% | 0.0% |
| Mortgage Assurance Inc. | $2,935,000 | $2,505,000 | -14.7% | 0.0% |
| American Pacific Mortgage Corporation | $2,465,000 | n/a | 0.0% | |
| United Premier Funding LLC | $835,000 | $2,450,000 | 193.4% | 0.0% |
| SoFi Lending Corp | $1,975,000 | $2,435,000 | 23.3% | 0.0% |
| Towne Mortgage Company | $485,000 | $2,405,000 | 395.9% | 0.0% |
| AimLoan.com | $1,415,000 | $2,400,000 | 69.6% | 0.0% |
| Third Federal Savings and Loan | $5,090,000 | $2,330,000 | -54.2% | 0.0% |
| Prime Choice Funding, Inc. | $760,000 | $2,295,000 | 202.0% | 0.0% |
| Low VA Rates | $975,000 | $2,285,000 | 134.4% | 0.0% |
| BANK OF TENNESSEE | $1,115,000 | $2,265,000 | 103.1% | 0.0% |
| AAG | $1,350,000 | $2,225,000 | 64.8% | 0.0% |
| Milend Inc. | $235,000 | $2,150,000 | 814.9% | 0.0% |
| LeaderOne Financial Corp. | $300,000 | $2,140,000 | 613.3% | 0.0% |
| Flat Branch Mortgage Inc. | $415,000 | $2,130,000 | 413.3% | 0.0% |
| ORNL Federal Credit Union | $1,990,000 | $2,115,000 | 6.3% | 0.0% |
| Envoy Mortgage Ltd. | $245,000 | $2,085,000 | 751.0% | 0.0% |
| Cf Bank National Association | $2,015,000 | $2,040,000 | 1.2% | 0.0% |
| TIAA, FSB | $5,260,000 | $2,035,000 | -61.3% | 0.0% |
| Cherry Creek Mortgage Co. Inc. | $560,000 | $2,005,000 | 258.0% | 0.0% |
| American Financial Resources Inc. | $2,625,000 | $1,995,000 | -24.0% | 0.0% |
| Longbridge Financial, LLC | $1,340,000 | $1,980,000 | 47.8% | 0.0% |
| Gardner Financial Services dba Legacy Mutual Mortgage | $300,000 | $1,975,000 | 558.3% | 0.0% |
| LendingHome Funding Corporation | $2,420,000 | $1,960,000 | -19.0% | 0.0% |
| Redstone Federal Credit Union | $895,000 | $1,930,000 | 115.6% | 0.0% |
| BOKF NA | $2,800,000 | $1,915,000 | -31.6% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $3,050,000 | $1,890,000 | -38.0% | 0.0% |
| River Valley AgCredit, ACA | $135,000 | $1,865,000 | 1,281.5% | 0.0% |
| KeyBank National Association | $1,855,000 | n/a | 0.0% | |
| Mid America Mortgage Inc. | $190,000 | $1,835,000 | 865.8% | 0.0% |
| Civic Financial Services | $290,000 | $1,830,000 | 531.0% | 0.0% |
| 21ST MORTGAGE | $2,180,000 | $1,820,000 | -16.5% | 0.0% |
| Bay Valley Mortgage Group DBA Pacific Bay Lending Group | $770,000 | $1,810,000 | 135.1% | 0.0% |
| Stearns Lending | $1,460,000 | $1,810,000 | 24.0% | 0.0% |
| BNC NATIONAL BANK | $1,035,000 | $1,780,000 | 72.0% | 0.0% |
| Hometown Lenders LLC | $3,585,000 | $1,770,000 | -50.6% | 0.0% |
| COMPASS BANK | $635,000 | $1,705,000 | 168.5% | 0.0% |
| Weichert Financial Services | $1,140,000 | $1,685,000 | 47.8% | 0.0% |
| DHI Mortgage Company Limited | $1,655,000 | n/a | 0.0% | |
| Discover Bank | $1,675,000 | $1,620,000 | -3.3% | 0.0% |
| RESIDENTIAL ACCEPTANCE CORPORATION. RAC. | $1,615,000 | n/a | 0.0% | |
| CIBC Bank USA | $1,605,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group Inc. | $2,480,000 | $1,585,000 | -36.1% | 0.0% |
| Acopia, LLC | $1,455,000 | $1,580,000 | 8.6% | 0.0% |
| The Mortgage Firm, Inc. | $175,000 | $1,525,000 | 771.4% | 0.0% |
| Network Capital Funding Corporation | $400,000 | $1,515,000 | 278.8% | 0.0% |
| Homestead Funding Corp. | $880,000 | $1,505,000 | 71.0% | 0.0% |
| Colten Mortgage | $1,500,000 | n/a | 0.0% | |
| Ruoff Home Mortgage | $230,000 | $1,455,000 | 532.6% | 0.0% |
| Altra Federal Credit Union | $235,000 | $1,450,000 | 517.0% | 0.0% |
| Bay Equity LLC | $145,000 | $1,445,000 | 896.6% | 0.0% |
| Delta Community Credit Union | $275,000 | $1,425,000 | 418.2% | 0.0% |
| Leaders Credit Union | $1,420,000 | n/a | 0.0% | |
| First Mortgage Solutions LLC | $900,000 | $1,410,000 | 56.7% | 0.0% |
| First Midwest Bank | $585,000 | $1,365,000 | 133.3% | 0.0% |
| Mortgage Solutions of Colorado LLC | $1,110,000 | $1,360,000 | 22.5% | 0.0% |
| First Federal Bank A FSB | $1,335,000 | n/a | 0.0% | |
| TOTAL MEDIA MANAGEMENT LLC DBA NEW SOUTH MORTGAGE | $1,315,000 | n/a | 0.0% | |
| COOSA VALLEY CREDIT UNION | $290,000 | $1,305,000 | 350.0% | 0.0% |
| First Bank | $940,000 | $1,275,000 | 35.6% | 0.0% |
| BANKSOUTH MORTGAGE COMPANY, LL | $370,000 | $1,270,000 | 243.2% | 0.0% |
| Watermark Home Loans | $1,300,000 | $1,250,000 | -3.8% | 0.0% |
| DelMar Financial Company | $520,000 | $1,225,000 | 135.6% | 0.0% |
| MIDWEST COMMUNITY BANK | $265,000 | $1,225,000 | 362.3% | 0.0% |
| POLARIS HOME FUNDING CORP | $175,000 | $1,215,000 | 594.3% | 0.0% |
| BANKPLUS | $225,000 | $1,200,000 | 433.3% | 0.0% |
| Ixonia Bank | $1,200,000 | n/a | 0.0% | |
| Draper and Kramer Mortgage Corp. | $1,150,000 | n/a | 0.0% | |
| Liberty Home Mortgage Corp | $115,000 | $1,140,000 | 891.3% | 0.0% |
| Angel Oak Mortgage Solutions | $1,225,000 | $1,135,000 | -7.3% | 0.0% |
| CIT BANK N.A. | $1,170,000 | $1,135,000 | -3.0% | 0.0% |
| CERTAIN HOME LOANS, LLC | $485,000 | $1,125,000 | 132.0% | 0.0% |
| Nations Direct Mortgage LLC | $185,000 | $1,120,000 | 505.4% | 0.0% |
| AGFIRST FARM CREDIT BANK | $3,440,000 | $1,110,000 | -67.7% | 0.0% |
| Goldwater Bank National Association | $185,000 | $1,100,000 | 494.6% | 0.0% |
| Simmons Bank | $30,900,000 | $1,085,000 | -96.5% | 0.0% |
| InterLinc Mortgage Services LLC | $1,045,000 | n/a | 0.0% | |
| Geo-Corp, Inc. | $400,000 | $1,035,000 | 158.8% | 0.0% |
| LendUS LLC dba RPM Mortgage | $210,000 | $1,025,000 | 388.1% | 0.0% |
| Cascade Financial Services | $870,000 | $1,020,000 | 17.2% | 0.0% |
| Citizens Bank of Las Cruces | $1,015,000 | n/a | 0.0% | |
| FBC Mortgage LLC | $670,000 | $1,010,000 | 50.7% | 0.0% |
| Compass Mortgage Inc | $1,005,000 | n/a | 0.0% | |
| IBM Southeast Employees Federal Credit Union | $65,000 | $1,005,000 | 1,446.2% | 0.0% |
| AmWest Funding Corp. | $265,000 | $1,000,000 | 277.4% | 0.0% |
| SHELTER HOME MORTGAGE, LLC | $115,000 | $990,000 | 760.9% | 0.0% |
| Tristar Bank | $985,000 | n/a | 0.0% | |
| UNIFY Financial Credit Union | $1,210,000 | $970,000 | -19.8% | 0.0% |
| First Internet Bank | $1,150,000 | $965,000 | -16.1% | 0.0% |
| Crescent Mortgage Company | $2,510,000 | $935,000 | -62.7% | 0.0% |
| GSF Mortgage Corporation | $405,000 | $925,000 | 128.4% | 0.0% |
| United Fidelity Funding Corp. | $925,000 | n/a | 0.0% | |
| Wright-Patt Credit Union Inc | $910,000 | n/a | 0.0% | |
| Southpoint Financial Services | $635,000 | $905,000 | 42.5% | 0.0% |
| First Home Bank | $1,445,000 | $895,000 | -38.1% | 0.0% |
| American Bank & Trust Company, Inc. | $885,000 | n/a | 0.0% | |
| Waterstone Mortgage Corp | $345,000 | $880,000 | 155.1% | 0.0% |
| FIRST FARMERS AND MERCHANTS BANK | $875,000 | n/a | 0.0% | |
| Trustmark National Bank | $1,005,000 | $875,000 | -12.9% | 0.0% |
| Belem Servicing, LLC dba Patriot Home Mortgage | $135,000 | $870,000 | 544.4% | 0.0% |
| American Neighborhood Mortgage dba AnnieMac Home Mortgage | $215,000 | $860,000 | 300.0% | 0.0% |
| James B. Nutter & Company | $565,000 | $860,000 | 52.2% | 0.0% |
| Amcap Mortgage Ltd. | $340,000 | $855,000 | 151.5% | 0.0% |
| CityWorth Mortgage | $750,000 | $855,000 | 14.0% | 0.0% |
| Contour Mortgage Corporation | $255,000 | $845,000 | 231.4% | 0.0% |
| American Mortgage Service Company | $840,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage | $640,000 | $840,000 | 31.3% | 0.0% |
| 5 Arch Funding Corp. | $835,000 | n/a | 0.0% | |
| Countybank | $285,000 | $810,000 | 184.2% | 0.0% |
| E Mortgage Management LLC | $290,000 | $795,000 | 174.1% | 0.0% |
| Inspire Home Loans | $775,000 | n/a | 0.0% | |
| Homeowners Financial Group | $760,000 | n/a | 0.0% | |
| Midwest Equity Mortgage LLC | $750,000 | n/a | 0.0% | |
| 1st Signature Lending LLC | $500,000 | $740,000 | 48.0% | 0.0% |
| Bayshore Mortgage Funding LLC | $760,000 | $740,000 | -2.6% | 0.0% |
| First Savings Bank | $1,465,000 | $735,000 | -49.8% | 0.0% |
| First Choice Loan Services Inc. | $2,345,000 | $725,000 | -69.1% | 0.0% |
| Morgan Stanley Private Bank NA | $4,965,000 | $695,000 | -86.0% | 0.0% |
| Charles Schwab Bank | $690,000 | n/a | 0.0% | |
| Paramount Bank | $585,000 | $690,000 | 17.9% | 0.0% |
| Mid-Continent Funding, Inc. | $410,000 | $685,000 | 67.1% | 0.0% |
| Y-12 Federal Credit Union | $105,000 | $680,000 | 547.6% | 0.0% |
| First Commercial Bank | $675,000 | n/a | 0.0% | |
| Mortgage Network, Inc | $115,000 | $665,000 | 478.3% | 0.0% |
| Financail Funding Solutions, Inc | $285,000 | $660,000 | 131.6% | 0.0% |
| Plains Commerce Bank | $660,000 | n/a | 0.0% | |
| Brighton Bank | $650,000 | n/a | 0.0% | |
| Inwood National Bank | $650,000 | n/a | 0.0% | |
| LenderFi, Inc. | $490,000 | $645,000 | 31.6% | 0.0% |
| United Security Financial | $950,000 | $635,000 | -33.2% | 0.0% |
| First National Bank of Pennsylvania | $805,000 | $630,000 | -21.7% | 0.0% |
| Baxter Credit Union | $625,000 | n/a | 0.0% | |
| Homespire Mortgage Corporation | $125,000 | $625,000 | 400.0% | 0.0% |
| OVM FINANCIAL, INC. | $620,000 | n/a | 0.0% | |
| Wings Financial Credit Union | $615,000 | n/a | 0.0% | |
| Credit Human Federal Credit Union | $340,000 | $605,000 | 77.9% | 0.0% |
| Triumph Bank | $1,610,000 | $585,000 | -63.7% | 0.0% |
| Inlanta Mortgage | $580,000 | n/a | 0.0% | |
| United Federal Credit Union | $185,000 | $580,000 | 213.5% | 0.0% |
| United Northern Mortgage Bankers Limited | $575,000 | n/a | 0.0% | |
| Oceanside Mortgage Company | $430,000 | $570,000 | 32.6% | 0.0% |
| ARVEST BANK | $1,520,000 | $560,000 | -63.2% | 0.0% |
| Equity Prime Mortgage LLC | $520,000 | $560,000 | 7.7% | 0.0% |
| T2 Financial LLC | $555,000 | n/a | 0.0% | |
| Alliant Credit Union | $25,000 | $535,000 | 2,040.0% | 0.0% |
| Direct Lenders, LLC. | $155,000 | $535,000 | 245.2% | 0.0% |
| Eustis Mortgage Corporation | $235,000 | $535,000 | 127.7% | 0.0% |
| TowneBank | $535,000 | n/a | 0.0% | |
| Essex Mortgage | $525,000 | n/a | 0.0% | |
| TCF National Bank | $210,000 | $525,000 | 150.0% | 0.0% |
| EagleBank | $520,000 | n/a | 0.0% | |
| Nations Reliable Lending, LLC | $520,000 | n/a | 0.0% | |
| Aurora Financial | $515,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $515,000 | n/a | 0.0% | |
| Open Mortgage LLC | $505,000 | n/a | 0.0% | |
| Guidance Residential LLC | $1,980,000 | $500,000 | -74.7% | 0.0% |
| The Home Loan Expert | $500,000 | n/a | 0.0% | |
| The Union Bank Company | $225,000 | $500,000 | 122.2% | 0.0% |
| HomeTrust Bank | $2,105,000 | $495,000 | -76.5% | 0.0% |
| Purdue Federal Credit Union | $495,000 | n/a | 0.0% | |
| AUSTIN CAPITAL BANK SSB | $270,000 | $490,000 | 81.5% | 0.0% |
| First Federal Bank of Kansas City | $525,000 | $490,000 | -6.7% | 0.0% |
| Progress Bank and Trust | $490,000 | n/a | 0.0% | |
| Interactive Mortgage | $485,000 | n/a | 0.0% | |
| M&T Bank | $230,000 | $485,000 | 110.9% | 0.0% |
| WEI Mortgage LLC | $315,000 | $480,000 | 52.4% | 0.0% |
| Citizens Equity First Credit Union (CEFCU) | $895,000 | $475,000 | -46.9% | 0.0% |
| Farmers Bank & Trust | $475,000 | n/a | 0.0% | |
| Commerce Home Mortgage Inc. | $470,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $525,000 | $470,000 | -10.5% | 0.0% |
| First Vision Bank of Tennessee | $265,000 | $460,000 | 73.6% | 0.0% |
| Union Bank & Trust | $135,000 | $460,000 | 240.7% | 0.0% |
| SHELTER LENDING SERVICES, LLC | $2,160,000 | $455,000 | -78.9% | 0.0% |
| Stifel Bank and Trust | $920,000 | $455,000 | -50.5% | 0.0% |
| 1st National Bank | $445,000 | n/a | 0.0% | |
| City National Bank | $445,000 | n/a | 0.0% | |
| United Home Loans Inc | $445,000 | n/a | 0.0% | |
| Great Western Financial Services Inc. | $440,000 | n/a | 0.0% | |
| US Mortgage Corporation | $435,000 | n/a | 0.0% | |
| Axos Bank | $135,000 | $430,000 | 218.5% | 0.0% |
| FIRST NATIONAL BANK OF AMERICA | $610,000 | $430,000 | -29.5% | 0.0% |
| Wilson Bank & Trust | $430,000 | n/a | 0.0% | |
| Southeast Financial Credit Union | $150,000 | $425,000 | 183.3% | 0.0% |
| Nationwide Mortgage Bankers Inc. | $195,000 | $410,000 | 110.3% | 0.0% |
| SPRING EQ, LLC | $195,000 | $410,000 | 110.3% | 0.0% |
| DIAMOND RESIDENTIAL MTG CORP | $560,000 | $405,000 | -27.7% | 0.0% |
| Georgia Banking Company | $405,000 | n/a | 0.0% | |
| Parkside Lending LLC | $5,390,000 | $405,000 | -92.5% | 0.0% |
| Resource Financial Services, Inc. | $675,000 | $405,000 | -40.0% | 0.0% |
| Accelerate Mortgage | $400,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $170,000 | $400,000 | 135.3% | 0.0% |
| Semper Home Loans, Inc | $395,000 | n/a | 0.0% | |
| Toyota Financial Savings Bank | $395,000 | n/a | 0.0% | |
| First Home Mortgage | $385,000 | n/a | 0.0% | |
| On Q Financial Inc. | $380,000 | n/a | 0.0% | |
| Knoxville TVA Employees Credit Union | $785,000 | $370,000 | -52.9% | 0.0% |
| Trinity Oaks Mortgage LLC | $745,000 | $370,000 | -50.3% | 0.0% |
| LendingOne LLC | $1,015,000 | $365,000 | -64.0% | 0.0% |
| ServisFirst Bank | $480,000 | $365,000 | -24.0% | 0.0% |
| Georgia's Own Credit Union | $335,000 | $360,000 | 7.5% | 0.0% |
| Alcoa Tenn Federal Credit Union | $355,000 | n/a | 0.0% | |
| BankTennessee | $320,000 | $355,000 | 10.9% | 0.0% |
| First Western Trust Bank | $365,000 | $355,000 | -2.7% | 0.0% |
| AKT American Capital Inc | $350,000 | n/a | 0.0% | |
| Busey Bank | $345,000 | $345,000 | 0.0% | 0.0% |
| Field & Main Bank | $345,000 | n/a | 0.0% | |
| Gate City Bank | $345,000 | n/a | 0.0% | |
| United Mortgage Corp | $345,000 | n/a | 0.0% | |
| Amerifirst Financial Inc. | $340,000 | n/a | 0.0% | |
| First Financial Bank | $340,000 | n/a | 0.0% | |
| MLD Mortgage Inc. | $340,000 | n/a | 0.0% | |
| CAPITAL BANK, NA | $345,000 | $335,000 | -2.9% | 0.0% |
| Credit Union Mortgage Association Inc. | $280,000 | $335,000 | 19.6% | 0.0% |
| NewTowne Mortgage, LLC | $335,000 | n/a | 0.0% | |
| Fidelity Bank | $205,000 | $330,000 | 61.0% | 0.0% |
| Gold Star Mortgage Financial Group, Corporation | $65,000 | $330,000 | 407.7% | 0.0% |
| LoanPal | $565,000 | $320,000 | -43.4% | 0.0% |
| BLUELEAF LENDING, LLC | $315,000 | n/a | 0.0% | |
| Hamilton Group Funding Inc. | $315,000 | n/a | 0.0% | |
| US Mortgage of Florida | $310,000 | n/a | 0.0% | |
| BANK OF THE WEST | $305,000 | n/a | 0.0% | |
| Congressional Bank | $315,000 | $305,000 | -3.2% | 0.0% |
| FIRST UNITED BANK AND TRUST CO | $300,000 | $305,000 | 1.7% | 0.0% |
| Ladera Lending, Inc. | $305,000 | n/a | 0.0% | |
| LoanSnap Inc | $305,000 | n/a | 0.0% | |
| RANLife, Inc. | $305,000 | n/a | 0.0% | |
| SHELTER MORTGAGE COMPANY, LLC | $305,000 | n/a | 0.0% | |
| The Bank of South Carolina | $305,000 | n/a | 0.0% | |
| Volunteer State Bank | $305,000 | n/a | 0.0% | |
| Wyoming Bank & Trust | $305,000 | n/a | 0.0% | |
| JMAC Lending Incorporated | $295,000 | n/a | 0.0% | |
| Servion, Inc. | $295,000 | n/a | 0.0% | |
| Willamette Valley Bank | $290,000 | n/a | 0.0% | |
| Community Trust Bank, Inc. | $285,000 | n/a | 0.0% | |
| IAA CREDIT UNION | $285,000 | $285,000 | 0.0% | 0.0% |
| Atlanta Postal Credit Union | $360,000 | $280,000 | -22.2% | 0.0% |
| Commonwealth Bank and Trust Company | $280,000 | n/a | 0.0% | |
| Midwest Loan Services Inc | $280,000 | n/a | 0.0% | |
| COMMUNITY BANK OF MISSISSIPPI | $105,000 | $275,000 | 161.9% | 0.0% |
| Finex Credit Union | $275,000 | n/a | 0.0% | |
| Goldenwest Credit Union | $275,000 | n/a | 0.0% | |
| Old National Bank | $275,000 | n/a | 0.0% | |
| Peoples Bank of the South | $275,000 | n/a | 0.0% | |
| Atlantic Coast Mortgage LLC | $265,000 | n/a | 0.0% | |
| CITY BANK | $300,000 | $265,000 | -11.7% | 0.0% |
| Lending 3 Inc | $360,000 | $265,000 | -26.4% | 0.0% |
| NMSI Inc | $265,000 | n/a | 0.0% | |
| South Carolina Federal Credit Union | $265,000 | n/a | 0.0% | |
| Evansville Teachers Federal Credit Union | $420,000 | $255,000 | -39.3% | 0.0% |
| InSouth Bank | $255,000 | n/a | 0.0% | |
| OceanFirst Bank N.A. | $255,000 | n/a | 0.0% | |
| RBC Bank (Georgia), N.A. | $255,000 | n/a | 0.0% | |
| Standard Mortgage Corporation | $245,000 | $255,000 | 4.1% | 0.0% |
| University Lending Group LLC | $255,000 | n/a | 0.0% | |
| ALERUS FINANCIAL NA | $245,000 | n/a | 0.0% | |
| Presidential Bank FSB | $445,000 | $245,000 | -44.9% | 0.0% |
| Reverse Mortgage Funding LLC | $885,000 | $245,000 | -72.3% | 0.0% |
| R P Funding | $245,000 | n/a | 0.0% | |
| Security Federal Bank | $245,000 | n/a | 0.0% | |
| Allied Mortgage Group Inc | $125,000 | $240,000 | 92.0% | 0.0% |
| Core Bank | $235,000 | n/a | 0.0% | |
| Eagle Bank and Trust Company | $235,000 | $235,000 | 0.0% | 0.0% |
| Impac Mortgage Corp. dba CashCall Mortgage | $320,000 | $235,000 | -26.6% | 0.0% |
| The Equitable Mortgage Corporation | $235,000 | n/a | 0.0% | |
| Citizens Bank | $230,000 | n/a | 0.0% | |
| American Security Mortgage Corporation | $315,000 | $225,000 | -28.6% | 0.0% |
| Bank of Eastman | $225,000 | n/a | 0.0% | |
| FIRST FEDERAL BANK | $145,000 | $225,000 | 55.2% | 0.0% |
| Florida Capital Bank National Association | $225,000 | n/a | 0.0% | |
| SC Telco FCU | $225,000 | $225,000 | 0.0% | 0.0% |
| R M K FINANCIAL CORP | $215,000 | n/a | 0.0% | |
| Academy Mortgage Corporation | $1,775,000 | $205,000 | -88.5% | 0.0% |
| Oconee State Bank | $205,000 | n/a | 0.0% | |
| State Employees' Credit Union | $920,000 | $205,000 | -77.7% | 0.0% |
| Cstone Mortgage Inc | $115,000 | $200,000 | 73.9% | 0.0% |
| Capital Mortgage Services of Texas | $195,000 | n/a | 0.0% | |
| Enrichment Federal Credit Union | $195,000 | n/a | 0.0% | |
| Peach State Federal Credit Uni | $55,000 | $195,000 | 254.5% | 0.0% |
| Quorum Federal Credit Union | $70,000 | $195,000 | 178.6% | 0.0% |
| top flite financial, inc. | $195,000 | n/a | 0.0% | |
| Bay Capital Mortgage Corporation | $185,000 | n/a | 0.0% | |
| FBT Mortgage LLC | $185,000 | n/a | 0.0% | |
| GUARANTY MORTGAGE SERVICES, LLC | $85,000 | $185,000 | 117.6% | 0.0% |
| Justice Federal Credit Union | $185,000 | n/a | 0.0% | |
| McLean Mortgage Corporation | $175,000 | n/a | 0.0% | |
| Credit Union of Georgia | $165,000 | n/a | 0.0% | |
| Inland Bank and Trust | $155,000 | $165,000 | 6.5% | 0.0% |
| Midland States Bank | $165,000 | n/a | 0.0% | |
| Southeast Mortgage of Georgia | $165,000 | n/a | 0.0% | |
| Family Savings Credit Union | $265,000 | $160,000 | -39.6% | 0.0% |
| AmeriFirst Home Mortgage | $155,000 | n/a | 0.0% | |
| APCI Federal Credit Union | $155,000 | n/a | 0.0% | |
| First National Bank of Fort Smith | $155,000 | n/a | 0.0% | |
| Hometown Equity Mortgage LLC | $155,000 | n/a | 0.0% | |
| INOVA Federal Credit Union | $155,000 | n/a | 0.0% | |
| Meridian Bank | $155,000 | n/a | 0.0% | |
| State Farm Bank | $4,790,000 | $155,000 | -96.8% | 0.0% |
| The Park National Bank | $155,000 | n/a | 0.0% | |
| ACU | $185,000 | $150,000 | -18.9% | 0.0% |
| Alameda Mortgage Corporation | $145,000 | n/a | 0.0% | |
| Union Savings Bank | $145,000 | n/a | 0.0% | |
| CSL Financial, LLC | $140,000 | n/a | 0.0% | |
| Exchange Bank | $135,000 | n/a | 0.0% | |
| Finance of America Commercial LLC | $135,000 | n/a | 0.0% | |
| Greenbox Loans Inc. | $125,000 | $135,000 | 8.0% | 0.0% |
| LGE Community Credit Union | $135,000 | n/a | 0.0% | |
| Thrivent Federal Credit Union | $200,000 | $135,000 | -32.5% | 0.0% |
| CB&S Bank | $330,000 | $125,000 | -62.1% | 0.0% |
| Finance of America Reverse LLC | $140,000 | $125,000 | -10.7% | 0.0% |
| Main Street Bank | $125,000 | n/a | 0.0% | |
| SecurityNational Mortgage Company | $245,000 | $125,000 | -49.0% | 0.0% |
| Castle & Cooke Mortgage LLC | $115,000 | n/a | 0.0% | |
| GMFS LLC | $115,000 | n/a | 0.0% | |
| NASA Federal Credit Union | $115,000 | n/a | 0.0% | |
| PLUS RELOCATION MORTGAGE, LLC | $380,000 | $115,000 | -69.7% | 0.0% |
| SouthPoint Bank | $115,000 | n/a | 0.0% | |
| Citizens Bank of Lafayette | $95,000 | $105,000 | 10.5% | 0.0% |
| CountryPlace Mortgage Ltd. | $105,000 | n/a | 0.0% | |
| EvaBank | $105,000 | n/a | 0.0% | |
| Home State Bank National Association | $105,000 | n/a | 0.0% | |
| Memphis City Employees Credit Union | $95,000 | n/a | 0.0% | |
| The Money Source Inc. | $455,000 | $95,000 | -79.1% | 0.0% |
| United Bank | $95,000 | n/a | 0.0% | |
| EVERENCE FEDERAL CREDIT UNION | $165,000 | $85,000 | -48.5% | 0.0% |
| GUARANTY BANK & TRUST COMPANY | $75,000 | $75,000 | 0.0% | 0.0% |
| Hallmark Home Mortgage LLC | $75,000 | n/a | 0.0% | |
| Citizens Bank | $65,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $75,000 | $55,000 | -26.7% | 0.0% |
| Campus USA Credit Union | $45,000 | n/a | 0.0% | |
| Digital Federal Credit Union | $185,000 | $45,000 | -75.7% | 0.0% |
| Southern First | $155,000 | $45,000 | -71.0% | 0.0% |
| Triad Financial Services Inc | $75,000 | $45,000 | -40.0% | 0.0% |
| 1st Franklin Financial Corporation | $190,000 | $35,000 | -81.6% | 0.0% |
| Deere Employees Credit Union | $115,000 | $15,000 | -87.0% | 0.0% |
CHATTANOOGA's top lender by overall market share is Quicken Loans, with 7.0% market share. In second place, with 6.3%, is MOVEMENT MORTGAGE, LLC, having originated $337,785,000 in loans. In third place, with 3.8%, is REGIONS BANK, having originated $204,545,000 in loans. In third place, with 3.4%, is Pinnacle Bank, having originated $185,100,000 in loans. In third place, with 3.4%, is MORTGAGE INVESTORS GROUP, having originated $185,045,000 in loans.
CHATTANOOGA, TN-GA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 9,811 | $2,408,245,000 | $245,464 |
| Refi | 8,910 | $2,072,920,000 | $232,651 |
| Cash Out Refi | 3,630 | $713,430,000 | $196,537 |
| Home Improvement | 760 | $77,690,000 | $102,224 |
| Other | 731 | $100,085,000 | $136,915 |
Chattanooga's most frequently cited loan purpose was Home Purchase, with 9,811 originations. The 2nd most popular reason was Refi, with 8,910 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 10,359 | $2,362,475,000 | $228,060 |
| 2.5-3% | 7,745 | $1,859,035,000 | $240,030 |
| 4-5% | 1,855 | $319,015,000 | $171,976 |
| <2.5% | 1,727 | $465,865,000 | $269,754 |
| Over 8% | 577 | $56,065,000 | $97,166 |
| 5-6% | 394 | $40,880,000 | $103,756 |
| 6-7% | 145 | $12,555,000 | $86,586 |
| 7-8% | 92 | $5,960,000 | $64,783 |
During 2020, Chattanooga's most frequently originated rate bucket was 3-4%, with 10,359 originations.
Loan Sizing (CHATTANOOGA, TN-GA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 9,643 | $1,447,685,000 | $150,128 |
| $200k-400k | 9,212 | $2,506,530,000 | $272,094 |
| $100,000 or less | 3,366 | $213,500,000 | $63,428 |
| $400k-600k | 1,307 | $612,685,000 | $468,772 |
| $600k-1000k | 207 | $157,115,000 | $759,010 |
| $Over $1MM | 107 | $434,855,000 | $4,064,065 |
CHATTANOOGA's loan sizing saw the bucket of loans from $100k-200k with 9,643 originations, totaling $1,447,685,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 9,716 | $2,295,230,000 | $236,232 |
| 60-80% | 7,476 | $1,942,330,000 | $259,809 |
| 40-60% | 2,482 | $499,730,000 | $201,342 |
| 20-40% | 1,158 | $132,970,000 | $114,827 |
| Under 20% | 739 | $36,485,000 | $49,371 |
| Over 100% | 279 | $73,385,000 | $263,029 |
CHATTANOOGA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 9,716 originations, totaling $2,295,230,000 in origination value.