American Financial Network in Tennessee vs the state
8.6%Denial rate-8.54 pts vs state
13.1%Decision denial rate-8.61 pts vs state
56.3%Origination rate-1.76 pts vs state
6.50%Median rate-0.12 pts vs state
0.49Rate spread (pts)+0.26 pts vs state
$87kMedian applicant income
321Loans originated
49Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 351 | 181 | 8.3% | 6.88% | #122 |
| 2024 | 658 | 399 | 5.3% | 6.75% | #87 |
| 2025 | 570 | 321 | 8.6% | 6.50% | #103 |
What American Financial Network lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most American Financial Network applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Knox County | 52 | 27 | 7 | 13.5% |
| Shelby County | 45 | 20 | 8 | 17.8% |
| Davidson County | 43 | 24 | 4 | 9.3% |
| Rutherford County | 38 | 27 | 4 | 10.5% |
| Campbell County | 27 | 18 | 1 | 3.7% |
| Anderson County | 25 | 14 | 0 | 0.0% |
| Blount County | 25 | 13 | 1 | 4.0% |
| Montgomery County | 23 | 14 | 1 | 4.3% |
| Sullivan County | 22 | 14 | 2 | 9.1% |
| Hamilton County | 21 | 16 | 2 | 9.5% |
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: 570 applications in 2025, of which 321 were originated and 49 denied.
8.6% of all applications, or 13.1% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans American Financial Network originated in Tennessee in 2025 was 6.50%, against a statewide median of 6.62%.
About this data. Figures are American Financial Network'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