1st Signature Lending · Tennessee · 2025

1st Signature Lending in Tennessee: approval rate, denial rate and rates (2025)

1st Signature Lending took 177 mortgage applications in Tennessee in 2025, ranking #232 of 1,274 lenders active in the state. It originated 74.6% of them and denied 3.4% (4.4% of the applications it decided), against a statewide denial rate of 17.1%.

177Applicationsin TN
4.4%Decision denial ratestate 21.7%
6.00%Median ratestate 6.62%
$265,000Median loanstate $225,000
$40MVolume3 counties

1st Signature Lending in Tennessee vs the state

3.4%Denial rate-13.75 pts vs state
4.4%Decision denial rate-17.33 pts vs state
74.6%Origination rate+16.50 pts vs state
6.00%Median rate-0.62 pts vs state
0.27Rate spread (pts)+0.04 pts vs state
$79kMedian applicant income
132Loans originated
6Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231631046.8%6.88%#215
20241861404.8%6.50%#213
20251771323.4%6.00%#232

What 1st Signature Lending lends in Tennessee

By loan purpose

Home purchase 164 93% · 3.7% denied
Refinance 10 6% · 0.0% denied
Cash-out refinance 3 2% · 0.0% denied

By loan type

Conventional 4 2% · 0.0% denied
FHA 116 66% · 3.5% denied
VA 42 24% · 2.4% denied
USDA / RHS 15 8% · 6.7% denied

Why it denied Tennessee applicants

Debt-to-income ratio 2 33%
Credit history 2 33%
Collateral 1 17%
Employment history 1 17%

Where in Tennessee

Counties with the most 1st Signature Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Gibson County 110 0.0%
Washington County 100 0.0%
Cumberland County 110 0.0%

Other large lenders in Tennessee

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,50317.3%6.50%
United Shore Financial ServicesB 12,45810.9%6.12%
Regions BankC 11,24736.5%4.99%
Vanderbilt Mortgage and FinanceF 9,64935.8%8.75%
Mortgage Research CenterC 6,56817.3%6.25%
FirstBankC 5,67714.5%6.88%
CMG MortgageA 5,6432.9%6.50%
Freedom MortgageB 5,4938.0%6.25%
Pennymac Loan ServicesC 5,33111.2%6.00%
Mortgage Investors GroupB 4,4543.5%6.50%

Frequently asked questions

Tennessee: 177 applications in 2025, of which 132 were originated and 6 denied.

3.4% of all applications, or 4.4% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans 1st Signature Lending originated in Tennessee in 2025 was 6.00%, against a statewide median of 6.62%.

About this data. Figures are 1st Signature Lending's own HMDA filing for properties located in Tennessee, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology