Alcoa Tenn Federal Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
35th13.4% deniedPricingmedian rate spread over APOR, weight 30%
36th0.40 ptsProcesswithdrawn + incomplete share, weight 15%
77th5.4%Closing coststotal loan costs ÷ loan amount, weight 10%
74th1.31% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 182 | 138 | 8.8% | 10.4% | 5.98% | $26M |
| 2024 | 137 | 85 | 19.0% | 20.3% | 6.90% | $14M |
| 2025 | 166 | 116 | 12.7% | 13.4% | 6.07% | $23M |
What Alcoa Tenn Federal Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 9 investment properties.
Why Alcoa Tenn Federal Credit Union denies applications
Primary reason reported for each of the 21 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Alcoa Tenn Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 29 | 17 | 33.3% |
| $50k – $100k | 69 | 49 | 10.5% |
| $100k – $150k | 33 | 21 | 10.0% |
| $150k – $250k | 26 | 23 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 38 | 25 | 13.5% |
| 35–44 | 27 | 18 | 19.2% |
| 45–54 | 35 | 26 | 12.1% |
| 55–64 | 28 | 18 | 12.0% |
| 65–74 | 21 | 16 | 15.0% |
Where Alcoa Tenn Federal Credit Union lends
1 states and 7 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Tennessee | 166 | 116 | 12.7% | 6.07% | #238 |
Frequently asked questions
Alcoa Tenn Federal Credit Union denied 13.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 35th percentile of small mortgage lenders.
The most common reason Alcoa Tenn Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 38.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Alcoa Tenn Federal Credit Union originated in 2025 was 6.07%, and its median rate spread over the average prime offer rate was 0.40 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 30% of its applications were for home purchases, 70% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.