Apex Bank · Tennessee · 2025

Apex Bank in Tennessee: approval rate, denial rate and rates (2025)

Apex Bank took 130 mortgage applications in Tennessee in 2025, ranking #280 of 1,274 lenders active in the state. It originated 73.1% of them and denied 18.5% (19.8% of the applications it decided), against a statewide denial rate of 17.1%.

130Applicationsin TN
19.8%Decision denial ratestate 21.7%
Median ratestate 6.62%
$125,000Median loanstate $225,000
$16MVolume27 counties

Apex Bank in Tennessee vs the state

18.5%Denial rate+1.32 pts vs state
19.8%Decision denial rate-1.85 pts vs state
73.1%Origination rate+15.00 pts vs state
Median rate
Rate spread (pts)
$68kMedian applicant income
95Loans originated
24Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232091608.6%#185
20241891349.0%#211
20251309518.5%#280

What Apex Bank lends in Tennessee

By loan purpose

Home purchase 46 35% · 10.9% denied
Refinance 61 47% · 18.0% denied
Home improvement 15 12% · 33.3% denied
Other / HELOC 8 6% · 37.5% denied

By loan type

Conventional 130 100% · 18.5% denied

Where in Tennessee

Counties with the most Apex Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Greene County 27198 29.6%
Knox County 27203 11.1%
Humphreys County 1182 18.2%
Benton County 1054 40.0%
Davidson County 880 0.0%
Hickman County 752 28.6%
Hamblen County 540 0.0%
Marshall County 440 0.0%
Sevier County 420 0.0%
Hawkins County 413 75.0%

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: 130 applications in 2025, of which 95 were originated and 24 denied.

18.5% of all applications, or 19.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Apex Bank'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