Alcova Mortgage · Tennessee · 2025

Alcova Mortgage in Tennessee: approval rate, denial rate and rates (2025)

Alcova Mortgage took 97 mortgage applications in Tennessee in 2025, ranking #329 of 1,274 lenders active in the state. It originated 76.3% of them and denied 2.1% (2.4% of the applications it decided), against a statewide denial rate of 17.1%.

97Applicationsin TN
2.4%Decision denial ratestate 21.7%
6.56%Median ratestate 6.62%
$315,000Median loanstate $225,000
$35MVolume35 counties

Alcova Mortgage in Tennessee vs the state

2.1%Denial rate-15.08 pts vs state
2.4%Decision denial rate-19.24 pts vs state
76.3%Origination rate+18.21 pts vs state
6.56%Median rate-0.06 pts vs state
0.13Rate spread (pts)-0.10 pts vs state
$103kMedian applicant income
74Loans originated
2Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023191210.5%7.06%#523
202456410.0%6.99%#378
202597742.1%6.56%#329

What Alcova Mortgage lends in Tennessee

By loan purpose

Home purchase 73 75% · 1.4% denied
Refinance 24 25% · 4.2% denied

By loan type

Conventional 61 63% · 1.6% denied
FHA 26 27% · 3.9% denied
VA 7 7% · 0.0% denied
USDA / RHS 3 3% · 0.0% denied

Why it denied Tennessee applicants

Collateral 1 50%
Incomplete application 1 50%

Where in Tennessee

Counties with the most Alcova Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 26210 0.0%
Williamson County 1190 0.0%
Sumner County 870 0.0%
Maury County 660 0.0%
Sullivan County 420 0.0%
Robertson County 320 0.0%
Sevier County 320 0.0%
Wilson County 320 0.0%
Bedford County 200 0.0%
Cheatham County 211 50.0%

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: 97 applications in 2025, of which 74 were originated and 2 denied.

2.1% of all applications, or 2.4% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Alcova Mortgage originated in Tennessee in 2025 was 6.56%, against a statewide median of 6.62%.

About this data. Figures are Alcova Mortgage'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