The average VA home loan amount in Tennessee during the first quarter of the fiscal year 2024 was $339,788, a 2.6% decrease from the previous quarter, according to the Veterans Affairs Home Loans Index.
With $339,788 in home loans issued, Tennessee ranked 26th in average loan amount for VA home loans in the first quarter of fiscal year 2024, according to the Veterans' Affairs Home Loans Index.
The VA issued 39 Interest Rate Reduction Refinance Loans in Tennessee during the first quarter of fiscal year 2024, compared to 85 loans the previous quarter, according to figures provided by the Veterans Affairs Home Loans Index.
There were 2,037 VA home purchases in Tennessee in the first quarter of the VA's fiscal year 2024, totaling $713.5 million in loans, according to figures provided by the Veterans Affairs Home Loans Index.
The VA issued 39 Interest Rate Reduction Refinance Loans in Tennessee during the first quarter of fiscal year 2024, according to the Veterans Affairs Home Loans Index.
The U.S. Department of Veterans' Affairs (VA) issued 2,772 home loans totaling $941.9 million in Tennessee during the first quarter of the fiscal year 2024, according to the Veterans' Affairs Home Loans Index.
There were 2,037 VA home purchase loans issued in Tennessee in the first quarter of the fiscal year 2024 totaling $713.5 million, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Tennessee in the first quarter of fiscal year 2024 was $350,289, according to figures provided by the Veterans Affairs Home Loans Index
As of April 2024, Tennessee experienced a 20.7% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 19.9% increase.