BankTennessee · Tennessee · 2025

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

BankTennessee took 88 mortgage applications in Tennessee in 2025, ranking #341 of 1,274 lenders active in the state. It originated 94.3% of them and denied 2.3% (2.3% of the applications it decided), against a statewide denial rate of 17.1%.

88Applicationsin TN
2.3%Decision denial ratestate 21.7%
Median ratestate 6.62%
$155,000Median loanstate $225,000
$25MVolume20 counties

BankTennessee in Tennessee vs the state

2.3%Denial rate-14.87 pts vs state
2.3%Decision denial rate-19.35 pts vs state
94.3%Origination rate+36.24 pts vs state
Median rate
Rate spread (pts)
$132kMedian applicant income
83Loans originated
2Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202397884.1%#298
202494785.3%#320
202588832.3%#341

What BankTennessee lends in Tennessee

By loan purpose

Home purchase 53 60% · 0.0% denied
Refinance 23 26% · 0.0% denied
Home improvement 9 10% · 11.1% denied
Other / HELOC 3 3% · 33.3% denied

By loan type

Conventional 88 100% · 2.3% denied

Where in Tennessee

Counties with the most BankTennessee applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lauderdale County 31291 3.2%
Wilson County 10100 0.0%
Shelby County 10100 0.0%
Smith County 541 20.0%
Williamson County 540 0.0%
Sumner County 550 0.0%
Tipton County 440 0.0%
Madison County 330 0.0%
Davidson County 330 0.0%
Trousdale County 210 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: 88 applications in 2025, of which 83 were originated and 2 denied.

2.3% of all applications, or 2.3% 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 BankTennessee'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