ALTRA Federal Credit Union in Tennessee vs the state
9.0%Denial rate-8.18 pts vs state
10.2%Decision denial rate-11.48 pts vs state
76.9%Origination rate+18.79 pts vs state
6.83%Median rate+0.20 pts vs state
-0.01Rate spread (pts)-0.24 pts vs state
$107kMedian applicant income
309Loans originated
36Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 361 | 286 | 11.1% | 6.50% | #119 |
| 2024 | 408 | 320 | 9.8% | 6.99% | #119 |
| 2025 | 402 | 309 | 9.0% | 6.83% | #130 |
What ALTRA Federal Credit Union lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most ALTRA Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 265 | 204 | 28 | 10.6% |
| Stewart County | 25 | 17 | 1 | 4.0% |
| Cheatham County | 18 | 16 | 1 | 5.6% |
| Robertson County | 17 | 14 | 0 | 0.0% |
| Dickson County | 12 | 10 | 0 | 0.0% |
| Houston County | 10 | 7 | 1 | 10.0% |
| Maury County | 9 | 9 | 0 | 0.0% |
| Davidson County | 7 | 4 | 1 | 14.3% |
| Sumner County | 4 | 4 | 0 | 0.0% |
| Rutherford County | 4 | 3 | 0 | 0.0% |
Other large lenders in Tennessee
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,503 | 17.3% | 6.50% |
| United Shore Financial Services | B | 12,458 | 10.9% | 6.12% |
| Regions Bank | C | 11,247 | 36.5% | 4.99% |
| Vanderbilt Mortgage and Finance | F | 9,649 | 35.8% | 8.75% |
| Mortgage Research Center | C | 6,568 | 17.3% | 6.25% |
| FirstBank | C | 5,677 | 14.5% | 6.88% |
| CMG Mortgage | A | 5,643 | 2.9% | 6.50% |
| Freedom Mortgage | B | 5,493 | 8.0% | 6.25% |
| Pennymac Loan Services | C | 5,331 | 11.2% | 6.00% |
| Mortgage Investors Group | B | 4,454 | 3.5% | 6.50% |
Frequently asked questions
Tennessee: 402 applications in 2025, of which 309 were originated and 36 denied.
9.0% of all applications, or 10.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans ALTRA Federal Credit Union originated in Tennessee in 2025 was 6.83%, against a statewide median of 6.62%.
About this data. Figures are ALTRA Federal Credit Union'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