Baxter Credit Union · Tennessee · 2025

Baxter Credit Union in Tennessee: approval rate, denial rate and rates (2025)

Baxter Credit Union took 130 mortgage applications in Tennessee in 2025, ranking #281 of 1,274 lenders active in the state. It originated 57.7% of them and denied 19.2% (19.7% of the applications it decided), against a statewide denial rate of 17.1%.

130Applicationsin TN
19.7%Decision denial ratestate 21.7%
7.00%Median ratestate 6.62%
$180,000Median loanstate $225,000
$26MVolume39 counties

Baxter Credit Union in Tennessee vs the state

19.2%Denial rate+2.09 pts vs state
19.7%Decision denial rate-1.99 pts vs state
57.7%Origination rate-0.39 pts vs state
7.00%Median rate+0.38 pts vs state
0.15Rate spread (pts)-0.08 pts vs state
$137kMedian applicant income
75Loans originated
25Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231217219.8%8.00%#264
20241056113.3%8.00%#300
20251307519.2%7.00%#281

What Baxter Credit Union lends in Tennessee

By loan purpose

Home purchase 34 26% · 2.9% denied
Refinance 14 11% · 21.4% denied
Cash-out refinance 29 22% · 13.8% denied
Home improvement 24 18% · 29.2% denied
Other / HELOC 29 22% · 34.5% denied

By loan type

Conventional 130 100% · 19.2% denied

Why it denied Tennessee applicants

Credit history 10 40%
Debt-to-income ratio 9 36%
Collateral 5 20%
Insufficient cash 1 4%

Where in Tennessee

Counties with the most Baxter Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Williamson County 22123 13.6%
Davidson County 19104 21.1%
Rutherford County 1587 46.7%
Wilson County 760 0.0%
Sumner County 723 42.9%
Maury County 641 16.7%
Grainger County 530 0.0%
Shelby County 540 0.0%
Knox County 530 0.0%
Hamilton County 321 33.3%

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 75 were originated and 25 denied.

19.2% of all applications, or 19.7% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Baxter Credit Union originated in Tennessee in 2025 was 7.00%, against a statewide median of 6.62%.

About this data. Figures are Baxter Credit Union'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