Axos Bank · Tennessee · 2025

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

Axos Bank took 29 mortgage applications in Tennessee in 2025, ranking #485 of 1,274 lenders active in the state. It originated 44.8% of them and denied 17.2% (27.8% of the applications it decided), against a statewide denial rate of 17.1%.

29Applicationsin TN
27.8%Decision denial ratestate 21.7%
6.99%Median ratestate 6.62%
$485,000Median loanstate $225,000
$21MVolume13 counties

Axos Bank in Tennessee vs the state

17.2%Denial rate+0.10 pts vs state
27.8%Decision denial rate+6.10 pts vs state
44.8%Origination rate-13.25 pts vs state
6.99%Median rate+0.37 pts vs state
0.54Rate spread (pts)+0.31 pts vs state
$238kMedian applicant income
13Loans originated
5Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202347176.4%6.63%#398
2024201110.0%7.00%#522
2025291317.2%6.99%#485

What Axos Bank lends in Tennessee

By loan purpose

Home purchase 15 52% · 6.7% denied
Refinance 6 21% · 16.7% denied
Cash-out refinance 5 17% · 40.0% denied
Other / HELOC 3 10% · 33.3% denied

By loan type

Conventional 29 100% · 17.2% denied

Why it denied Tennessee applicants

Credit history 3 60%
Other 1 20%
Unverifiable information 1 20%

Where in Tennessee

Counties with the most Axos Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Williamson County 631 16.7%
Davidson County 631 16.7%
Rutherford County 430 0.0%
Sevier County 201 50.0%
Shelby County 210 0.0%
Grundy County 202 100.0%
Montgomery County 100 0.0%
Knox County 110 0.0%
Monroe County 100 0.0%
Hamilton County 100 0.0%

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: 29 applications in 2025, of which 13 were originated and 5 denied.

17.2% of all applications, or 27.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Axos Bank originated in Tennessee in 2025 was 6.99%, against a statewide median of 6.62%.

About this data. Figures are Axos 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