Armed Forces Bank in Tennessee vs the state
8.2%Denial rate-8.98 pts vs state
13.8%Decision denial rate-7.89 pts vs state
51.0%Origination rate-7.06 pts vs state
6.00%Median rate-0.62 pts vs state
-0.33Rate spread (pts)-0.56 pts vs state
$127kMedian applicant income
25Loans originated
4Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 14 | 4.2% | 6.00% | #489 |
| 2024 | 31 | 14 | 19.4% | 6.19% | #457 |
| 2025 | 49 | 25 | 8.2% | 6.00% | #414 |
What Armed Forces Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 10 | 8 | 1 | 10.0% |
| Williamson County | 4 | 1 | 0 | 0.0% |
| Marshall County | 4 | 1 | 0 | 0.0% |
| Knox County | 4 | 1 | 1 | 25.0% |
| Rutherford County | 3 | 1 | 0 | 0.0% |
| Hamilton County | 3 | 1 | 0 | 0.0% |
| Sumner County | 2 | 1 | 1 | 50.0% |
| Sullivan County | 2 | 1 | 0 | 0.0% |
| Loudon County | 1 | 0 | 1 | 100.0% |
| Washington County | 1 | 1 | 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: 49 applications in 2025, of which 25 were originated and 4 denied.
8.2% of all applications, or 13.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Armed Forces Bank originated in Tennessee in 2025 was 6.00%, against a statewide median of 6.62%.
About this data. Figures are Armed Forces 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