Lenders › Ascend Federal Credit Union › Tennessee
Ascend Federal Credit Union in Tennessee
HMDA record for properties in Tennessee, calendar year 2024. National record · Tennessee overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Tennessee, Ascend Federal Credit Union reported 2,774 applications and 1,656 originations for 2024, $259m in all.
Its denial rate in the state was 24.0%, close to the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 23.9%.
The median rate spread on its Tennessee originations was 0.4 percentage points (state median 0.3).
Applications in the state were down 7% on 2023.
Compared with the state and the lender's national record
| Measure | In Tennessee | Tennessee, all lenders | Ascend Federal Credit Union, all states | United States |
|---|---|---|---|---|
| Denial rate | 24.0% | 22.6% | 23.9% | 24.3% |
| Median rate spread, pp | 0.4 | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 23.0% | 14.7% | 22.8% | 15.6% |
| Average originated loan | $156k | $302k | $159k | $329k |
| Home purchase share | 18.4% | 55.5% | 19.2% | 57.0% |
| FHA-insured share | 0.2% | 15.5% | 0.2% | 13.4% |
| VA-guaranteed share | 0.0% | 10.0% | 0.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateTennessee, all lenders
Loan purpose and loan type in Tennessee
By purpose
Home purchase 18% (305)Home improvement 22% (366)Refinancing 5% (89)Cash-out refinancing 30% (496)Other purpose 24% (400)
By type
Conventional 100% (1,653)FHA 0% (3)
Denial reasons as coded
Share of 571 denials in Tennessee by first denial reason coded (outlined bar: all lenders in the state).
Counties in Tennessee
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Rutherford County | 725 | 466 | $64m | 19.8% |
| Davidson County | 389 | 191 | $40m | 32.4% |
| Coffee County | 217 | 153 | $20m | 15.9% |
| Franklin County | 156 | 96 | $15m | 22.1% |
| Williamson County | 153 | 94 | $26m | 21.5% |
| Maury County | 154 | 88 | $11m | 26.9% |
| Wilson County | 140 | 81 | $14m | 29.5% |
| Bedford County | 138 | 78 | $9.8m | 20.9% |
| Sumner County | 139 | 72 | $11m | 28.0% |
| Marshall County | 62 | 42 | $4.9m | 21.1% |
| Warren County | 52 | 28 | $3.5m | 26.7% |
| Dickson County | 45 | 26 | $2.7m | 29.7% |
| Putnam County | 37 | 25 | $3.2m | 18.8% |
| Cheatham County | 34 | 22 | $3.8m | 20.0% |
| Cannon County | 29 | 19 | $2.5m | — |
| Moore County | 28 | 16 | $2.8m | 38.5% |
| Robertson County | 26 | 15 | $1.8m | — |
| Montgomery County | 26 | 10 | $1.3m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Ascend Federal Credit Union originate in Tennessee in 2024?
1,656 loans totalling $259m, from 2,774 applications reported for properties in Tennessee.
What is Ascend Federal Credit Union's denial rate in Tennessee?
24.0% of decided applications in Tennessee were denied, against 22.6% for all lenders in the state and 23.9% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Tennessee counties does Ascend Federal Credit Union lend in most?
By originations: Rutherford County (466), Davidson County (191), Coffee County (153), Franklin County (96), Williamson County (94).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Tennessee. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.