BOKF · Tennessee · 2025

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

BOKF took 10 mortgage applications in Tennessee in 2025, ranking #631 of 1,274 lenders active in the state. It originated 20.0% of them and denied 30.0% (50.0% of the applications it decided), against a statewide denial rate of 17.1%.

10Applicationsin TN
50.0%Decision denial ratestate 21.7%
7.38%Median ratestate 6.62%
$315,000Median loanstate $225,000
$420kVolume9 counties

BOKF in Tennessee vs the state

30.0%Denial rate+12.86 pts vs state
50.0%Decision denial rate+28.32 pts vs state
20.0%Origination rate-38.08 pts vs state
7.38%Median rate+0.75 pts vs state
0.66Rate spread (pts)+0.43 pts vs state
$110kMedian applicant income
2Loans originated
3Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312108.3%6.56%#579
202415813.3%7.50%#552
202510230.0%7.38%#631

What BOKF lends in Tennessee

By loan purpose

Home purchase 3 30% · 0.0% denied
Refinance 1 10% · 0.0% denied
Cash-out refinance 6 60% · 50.0% denied

By loan type

Conventional 9 90% · 33.3% denied
FHA 1 10% · 0.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 2 67%
Other 1 33%

Where in Tennessee

Counties with the most BOKF applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Rutherford County 201 50.0%
Coffee County 110 0.0%
Hamilton County 100 0.0%
Montgomery County 100 0.0%
Robertson County 100 0.0%
Knox County 110 0.0%
Cumberland County 100 0.0%
Blount County 101 100.0%
Shelby County 101 100.0%

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: 10 applications in 2025, of which 2 were originated and 3 denied.

30.0% of all applications, or 50.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans BOKF originated in Tennessee in 2025 was 7.38%, against a statewide median of 6.62%.

About this data. Figures are BOKF'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