Carroll Bank and Trust at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
89th2.0% deniedProcesswithdrawn + incomplete share, weight 15%
80th4.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 435 | 400 | 1.4% | 1.5% | — | $47M |
| 2024 | 426 | 399 | 1.6% | 1.7% | — | $46M |
| 2025 | 526 | 492 | 1.9% | 2.0% | — | $76M |
What Carroll Bank and Trust lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 110 manufactured homes, 181 investment properties.
Who gets approved at Carroll Bank and Trust
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 74 | 65 | 5.8% |
| $50k – $100k | 193 | 180 | 2.7% |
| $100k – $150k | 117 | 109 | 0.0% |
| $150k – $250k | 62 | 60 | 1.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 27 | 25 | 7.4% |
| 25–34 | 99 | 90 | 0.0% |
| 35–44 | 94 | 90 | 2.2% |
| 45–54 | 93 | 86 | 3.4% |
| 55–64 | 86 | 80 | 2.4% |
| 65–74 | 50 | 45 | 2.2% |
Where Carroll Bank and Trust lends
3 states and 22 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Tennessee | 524 | 490 | 1.9% | — | #110 |
Frequently asked questions
Carroll Bank and Trust denied 2.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 89th percentile of small mortgage lenders.
In 2025, 29% of its applications were for home purchases, 66% for refinancing (including cash-out), and 5% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.