The average VA home loan amount in Tennessee during the third quarter of the fiscal year 2023 was $354,841, a 7.8% increase over the previous quarter, according to the Veterans Affairs Home Loans Index.
Of the 6,859,497 citizens living in Tennessee in 2021, 77.6% were old enough to vote, equating to 5,325,254 individuals, according to U.S. Census Bureau data obtained on Oct. 26.
Of the 6,859,497 citizens living in Tennessee in 2021, 96.2% said they were only one race, while 3.8% said they were two or more races, according to U.S. Census Bureau data obtained in June.
The U.S. Department of Veterans' Affairs (VA) issued 1,125 home loans totaling $399.2 million in Tennessee during the third quarter of the fiscal year 2023, according to the Veterans' Affairs Home Loans Index.
With $354,841 in loans issued, Tennessee ranked 24th in average loan amount for VA home loans in the third quarter of fiscal year 2023, according to the Veterans' Affairs Home Loans Index.
The average VA loan amount in Tennessee during the third quarter of the fiscal year 2023 was $354,841, according to the Veterans Affairs Home Loans Index.