Kingsport Press Credit Unioin

Kingsport, TN

Kingsport Press Credit Unioin processed 50 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 50 loans with a 0.0% denial rate. Other was the primary loan purpose. Based in Kingsport, TN. The approval rate of 100.0% 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. Kingsport Press Credit Unioin processed 50 HMDA-reported mortgage applications in 2024, originating 50 loans and denying 0 for a denial rate of 0.0%. The average loan amount was $111,200 at a 6.590% average note rate, and applicants self-reported an average income of $35,000. The lender reports under LEI 25490030Z1TAY4VPEL47 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Kingsport Press Credit Unioin's 100.0% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (50 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.

50
Applications
50
Originated
0.0%
Denial Rate
$111,200
Avg Loan Amount
Avg Interest Rate: 6.590% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 50 50 0 $111,200

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Kingsport Press Credit Unioin (LEI: 25490030Z1TAY4VPEL47) · 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
Other 18 18 $150,000
Cash-out Refinancing 13 13 $94,231
Home Improvement 13 13 $66,538
Refinancing 3 3 $98,333
Home Purchase 3 3 $158,333

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 50 100.0% 0.0%

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 50 100.0% 0.0%

Nearby Lenders in TN

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Kingsport Press Credit Unioin process?
Kingsport Press Credit Unioin processed 50 mortgage applications in the 2023 HMDA reporting year. Of these, 50 were originated (approved and funded), and 0 were denied.
What is Kingsport Press Credit Unioin's mortgage approval rate?
Kingsport Press Credit Unioin has an approval (origination) rate of 100.0%, meaning 100.0% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at Kingsport Press Credit Unioin?
The average mortgage loan amount at Kingsport Press Credit Unioin is $111,200. The average interest rate is 6.590%. The average applicant income is $35,000.
What types of mortgage loans does Kingsport Press Credit Unioin offer?
Kingsport Press Credit Unioin processes Conventional loans. The most common type is Conventional with 50 applications and an average loan amount of $111,200.
What loan purposes does Kingsport Press Credit Unioin serve?
Kingsport Press Credit Unioin serves the following loan purposes: Other (18 applications), Cash-out Refinancing (13 applications), Home Improvement (13 applications), Refinancing (3 applications), Home Purchase (3 applications). Other is the most common purpose.
Where is Kingsport Press Credit Unioin located?
Kingsport Press Credit Unioin is headquartered in Kingsport, TN. The lender is identified by LEI 25490030Z1TAY4VPEL47 in HMDA data.
How does Kingsport Press Credit Unioin compare in lending across racial demographics?
Kingsport Press Credit Unioin reports demographic lending data under HMDA requirements. White applicants have an approval rate of 100.0% and denial rate of 0.0%. 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.