Better Mortgage in Tennessee vs the state
24.6%Denial rate+7.48 pts vs state
44.6%Decision denial rate+22.95 pts vs state
29.5%Origination rate-28.63 pts vs state
7.38%Median rate+0.75 pts vs state
0.71Rate spread (pts)+0.48 pts vs state
$130kMedian applicant income
293Loans originated
245Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 268 | 112 | 7.1% | 6.25% | #149 |
| 2024 | 370 | 135 | 13.2% | 6.63% | #126 |
| 2025 | 995 | 293 | 24.6% | 7.38% | #66 |
What Better Mortgage lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Davidson County | 148 | 51 | 32 | 21.6% |
| Shelby County | 101 | 26 | 28 | 27.7% |
| Williamson County | 84 | 28 | 18 | 21.4% |
| Knox County | 77 | 30 | 12 | 15.6% |
| Hamilton County | 73 | 18 | 16 | 21.9% |
| Rutherford County | 38 | 10 | 10 | 26.3% |
| Sevier County | 34 | 11 | 12 | 35.3% |
| Sumner County | 34 | 11 | 7 | 20.6% |
| Montgomery County | 31 | 8 | 7 | 22.6% |
| Wilson County | 31 | 11 | 7 | 22.6% |
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: 995 applications in 2025, of which 293 were originated and 245 denied.
24.6% of all applications, or 44.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Better Mortgage originated in Tennessee in 2025 was 7.38%, against a statewide median of 6.62%.
About this data. Figures are Better Mortgage'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