Broker Solutions in Tennessee vs the state
8.0%Denial rate-9.14 pts vs state
16.2%Decision denial rate-5.50 pts vs state
40.9%Origination rate-17.16 pts vs state
6.63%Median rate0.00 pts vs state
0.61Rate spread (pts)+0.38 pts vs state
$81kMedian applicant income
1,519Loans originated
297Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,039 | 831 | 9.4% | 6.75% | #29 |
| 2024 | 3,012 | 1,214 | 10.9% | 6.75% | #22 |
| 2025 | 3,712 | 1,519 | 8.0% | 6.63% | #21 |
What Broker Solutions lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Broker Solutions applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 372 | 139 | 39 | 10.5% |
| Montgomery County | 295 | 187 | 11 | 3.7% |
| Davidson County | 240 | 99 | 24 | 10.0% |
| Hamilton County | 224 | 72 | 24 | 10.7% |
| Knox County | 218 | 101 | 15 | 6.9% |
| Rutherford County | 195 | 76 | 12 | 6.2% |
| Williamson County | 107 | 49 | 2 | 1.9% |
| Sumner County | 103 | 42 | 10 | 9.7% |
| Sullivan County | 88 | 43 | 6 | 6.8% |
| Maury County | 83 | 39 | 4 | 4.8% |
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: 3,712 applications in 2025, of which 1,519 were originated and 297 denied.
8.0% of all applications, or 16.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Broker Solutions originated in Tennessee in 2025 was 6.63%, against a statewide median of 6.62%.
About this data. Figures are Broker Solutions'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