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Appalachian Community Federal Credit Union

Kingsport, TN

Appalachian Community Federal Credit Union processed 281 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 204 loans with a 10.3% denial rate. Home Purchase was the primary loan purpose. Based in Kingsport, TN. The approval rate of 72.6% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Appalachian Community Federal Credit Union processed 281 HMDA-reported mortgage applications in 2024, originating 204 loans and denying 29 for a denial rate of 10.3% (applicants themselves withdrew 44 files before a decision). The average loan amount was $122,331. The lender reports under LEI 5493004C6NM2VNOH2N94 from Kingsport, TN.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Appalachian Community Federal Credit Union's 72.6% origination rate tells you how often an application turned into funded money; the 10.3% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (279 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

281
Applications
204
Originated
10.3%
Denial Rate
$122,331
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 279 203 29 $121,380
VA 2 1 0 $255,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Appalachian Community Federal Credit Union (LEI: 5493004C6NM2VNOH2N94) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 93 63 $177,688
Cash-out Refinancing 88 54 $88,182
Other 55 51 $81,909
Refinancing 45 36 $124,111

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 68 60.3% 16.2%
Black or African American 10 20.0% 20.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 103 71.8% 8.7%
Hispanic or Latino 2 100.0% 0.0%

Nearby Lenders in TN

Other HMDA-reporting lenders in TN with similar activity. Compare any two side-by-side.

21ST MORTGAGE

KNOXVILLE, TN

173,573 apps 30,274 originated 44.1% denied

VANDERBILT MORTGAGE AND FINANCE, INC

MARYVILLE, TN

124,520 apps 20,306 originated 42.7% denied

FIRSTBANK

LEXINGTON, TN

21,086 apps 6,413 originated 43.2% denied

FIRST COMMUNITY MORTGAGE

MURFREESBORO, TN

13,521 apps 10,523 originated 6.2% denied

FIRST HORIZON BANK

MEMPHIS, TN

13,326 apps 7,808 originated 21.7% denied
Compare Appalachian Community Federal Credit Union vs 21ST MORTGAGE →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

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Frequently Asked Questions

How many mortgage applications did Appalachian Community Federal Credit Union process?
Appalachian Community Federal Credit Union processed 281 mortgage applications in the 2023 HMDA reporting year. Of these, 204 were originated (approved and funded), 44 were withdrawn by the applicant, and 29 were denied.
What is Appalachian Community Federal Credit Union's mortgage approval rate?
Appalachian Community Federal Credit Union has an approval (origination) rate of 72.6%, meaning 72.6% of all applications resulted in a funded mortgage. The denial rate is 10.3%.
What is the average loan amount at Appalachian Community Federal Credit Union?
The average mortgage loan amount at Appalachian Community Federal Credit Union is $122,331.
What types of mortgage loans does Appalachian Community Federal Credit Union offer?
Appalachian Community Federal Credit Union processes Conventional, VA loans. The most common type is Conventional with 279 applications and an average loan amount of $121,380.
What loan purposes does Appalachian Community Federal Credit Union serve?
Appalachian Community Federal Credit Union serves the following loan purposes: Home Purchase (93 applications), Cash-out Refinancing (88 applications), Other (55 applications), Refinancing (45 applications). Home Purchase is the most common purpose.
Where is Appalachian Community Federal Credit Union located?
Appalachian Community Federal Credit Union is headquartered in Kingsport, TN. The lender is identified by LEI 5493004C6NM2VNOH2N94 in HMDA data.
How does Appalachian Community Federal Credit Union compare in lending across racial demographics?
Appalachian Community Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 60.3% and denial rate of 16.2%; Black or African American applicants have an approval rate of 20.0% and denial rate of 20.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.