American Financing in Tennessee vs the state
44.3%Denial rate+27.19 pts vs state
62.3%Decision denial rate+40.57 pts vs state
19.4%Origination rate-38.71 pts vs state
6.13%Median rate-0.50 pts vs state
0.02Rate spread (pts)-0.21 pts vs state
$90kMedian applicant income
111Loans originated
254Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 319 | 85 | 36.7% | 6.25% | #131 |
| 2024 | 498 | 100 | 53.0% | 6.00% | #101 |
| 2025 | 573 | 111 | 44.3% | 6.13% | #101 |
What American Financing lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most American Financing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 52 | 5 | 29 | 55.8% |
| Knox County | 29 | 5 | 15 | 51.7% |
| Davidson County | 28 | 5 | 13 | 46.4% |
| Hamilton County | 27 | 3 | 11 | 40.7% |
| Montgomery County | 26 | 3 | 17 | 65.4% |
| Rutherford County | 26 | 1 | 16 | 61.5% |
| Williamson County | 21 | 1 | 12 | 57.1% |
| Sumner County | 18 | 3 | 8 | 44.4% |
| Sullivan County | 18 | 3 | 8 | 44.4% |
| Maury County | 16 | 5 | 5 | 31.3% |
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: 573 applications in 2025, of which 111 were originated and 254 denied.
44.3% of all applications, or 62.3% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans American Financing originated in Tennessee in 2025 was 6.13%, against a statewide median of 6.62%.
About this data. Figures are American Financing'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