Banksouth Mortgage Company · Tennessee · 2025

Banksouth Mortgage Company in Tennessee: approval rate, denial rate and rates (2025)

Banksouth Mortgage Company took 41 mortgage applications in Tennessee in 2025, ranking #441 of 1,274 lenders active in the state. It originated 73.2% of them and denied 9.8% (11.8% of the applications it decided), against a statewide denial rate of 17.1%.

41Applicationsin TN
11.8%Decision denial ratestate 21.7%
6.50%Median ratestate 6.62%
$355,000Median loanstate $225,000
$11MVolume12 counties

Banksouth Mortgage Company in Tennessee vs the state

9.8%Denial rate-7.38 pts vs state
11.8%Decision denial rate-9.92 pts vs state
73.2%Origination rate+15.09 pts vs state
6.50%Median rate-0.12 pts vs state
0.15Rate spread (pts)-0.08 pts vs state
$124kMedian applicant income
30Loans originated
4Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202315110.0%6.25%#554
2024292113.8%6.50%#466
202541309.8%6.50%#441

What Banksouth Mortgage Company lends in Tennessee

By loan purpose

Home purchase 39 95% · 7.7% denied
Refinance 2 5% · 50.0% denied

By loan type

Conventional 26 63% · 7.7% denied
FHA 11 27% · 18.2% denied
VA 4 10% · 0.0% denied

Why it denied Tennessee applicants

Incomplete application 2 50%
Unverifiable information 1 25%
Collateral 1 25%

Where in Tennessee

Counties with the most Banksouth Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hamilton County 22190 0.0%
Wilson County 422 50.0%
Sumner County 430 0.0%
Davidson County 330 0.0%
Johnson County 110 0.0%
Putnam County 100 0.0%
Franklin County 110 0.0%
Knox County 100 0.0%
Polk County 101 100.0%
Montgomery County 110 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: 41 applications in 2025, of which 30 were originated and 4 denied.

9.8% of all applications, or 11.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Banksouth Mortgage Company originated in Tennessee in 2025 was 6.50%, against a statewide median of 6.62%.

About this data. Figures are Banksouth Mortgage Company'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