Anchor Loans · Tennessee · 2025

Anchor Loans in Tennessee: approval rate, denial rate and rates (2025)

Anchor Loans took 88 mortgage applications in Tennessee in 2025, ranking #343 of 1,274 lenders active in the state. It originated 51.1% of them and denied 48.9% (48.9% of the applications it decided), against a statewide denial rate of 17.1%.

88Applicationsin TN
48.9%Decision denial ratestate 21.7%
9.00%Median ratestate 6.62%
$245,000Median loanstate $225,000
$37MVolume0 counties

Anchor Loans in Tennessee vs the state

48.9%Denial rate+31.72 pts vs state
48.9%Decision denial rate+27.18 pts vs state
51.1%Origination rate-6.94 pts vs state
9.00%Median rate+2.38 pts vs state
Rate spread (pts)
Median applicant income
45Loans originated
43Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023251156.0%9.75%#485
2024342429.4%10.00%#443
2025884548.9%9.00%#343

What Anchor Loans lends in Tennessee

By loan purpose

Home purchase 52 59% · 59.6% denied
Refinance 36 41% · 33.3% denied

By loan type

Conventional 88 100% · 48.9% denied

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: 88 applications in 2025, of which 45 were originated and 43 denied.

48.9% of all applications, or 48.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Anchor Loans originated in Tennessee in 2025 was 9.00%, against a statewide median of 6.62%.

About this data. Figures are Anchor Loans'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