Cadence Bank · Tennessee · 2025

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

Cadence Bank took 2,573 mortgage applications in Tennessee in 2025, ranking #31 of 1,274 lenders active in the state. It originated 68.9% of them and denied 16.9% (19.3% of the applications it decided), against a statewide denial rate of 17.1%.

2.6kApplicationsin TN
19.3%Decision denial ratestate 21.7%
6.75%Median ratestate 6.62%
$205,000Median loanstate $225,000
$504MVolume59 counties

Cadence Bank in Tennessee vs the state

16.9%Denial rate-0.27 pts vs state
19.3%Decision denial rate-2.38 pts vs state
68.9%Origination rate+10.79 pts vs state
6.75%Median rate+0.13 pts vs state
0.16Rate spread (pts)-0.07 pts vs state
$110kMedian applicant income
1,772Loans originated
434Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,0091,36818.4%7.50%#31
20242,2031,56017.1%7.75%#32
20252,5731,77216.9%6.75%#31

What Cadence Bank lends in Tennessee

By loan purpose

Home purchase 1,229 48% · 6.4% denied
Refinance 496 19% · 17.3% denied
Cash-out refinance 110 4% · 26.4% denied
Home improvement 28 1% · 32.1% denied
Other / HELOC 710 28% · 32.7% denied

By loan type

Conventional 2,279 89% · 16.8% denied
FHA 212 8% · 19.3% denied
VA 60 2% · 10.0% denied
USDA / RHS 22 1% · 18.2% denied

Why it denied Tennessee applicants

Debt-to-income ratio 220 51%
Credit history 106 24%
Other 46 11%
Collateral 28 6%
Incomplete application 16 4%
Unverifiable information 9 2%
Insufficient cash 6 1%
Employment history 3 1%

Where in Tennessee

Counties with the most Cadence Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 752537124 16.5%
Davidson County 40429047 11.6%
Madison County 19612845 23.0%
Fayette County 18812637 19.7%
Williamson County 18612932 17.2%
Gibson County 1116825 22.5%
Tipton County 987715 15.3%
Hamilton County 844625 29.8%
McNairy County 73628 11.0%
Bradley County 55406 10.9%

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: 2,573 applications in 2025, of which 1,772 were originated and 434 denied.

16.9% of all applications, or 19.3% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Cadence Bank originated in Tennessee in 2025 was 6.75%, against a statewide median of 6.62%.

About this data. Figures are Cadence Bank'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