Carroll Bank and Trust · Tennessee · 2025

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

Carroll Bank and Trust took 524 mortgage applications in Tennessee in 2025, ranking #110 of 1,274 lenders active in the state. It originated 93.5% of them and denied 1.9% (2.0% of the applications it decided), against a statewide denial rate of 17.1%.

524Applicationsin TN
2.0%Decision denial ratestate 21.7%
Median ratestate 6.62%
$105,000Median loanstate $225,000
$76MVolume20 counties

Carroll Bank and Trust in Tennessee vs the state

1.9%Denial rate-15.23 pts vs state
2.0%Decision denial rate-19.68 pts vs state
93.5%Origination rate+35.43 pts vs state
Median rate
Rate spread (pts)
$88kMedian applicant income
490Loans originated
10Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234313981.2%#105
20244243971.7%#115
20255244901.9%#110

What Carroll Bank and Trust lends in Tennessee

By loan purpose

Home purchase 154 29% · 2.6% denied
Refinance 179 34% · 0.0% denied
Cash-out refinance 167 32% · 3.0% denied
Home improvement 5 1% · 0.0% denied
Other / HELOC 19 4% · 5.3% denied

By loan type

Conventional 524 100% · 1.9% denied

Where in Tennessee

Counties with the most Carroll Bank and Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Carroll County 1731625 2.9%
Henry County 1291230 0.0%
Gibson County 62552 3.2%
Benton County 61562 3.3%
Weakley County 24221 4.2%
Madison County 22220 0.0%
Henderson County 22210 0.0%
Decatur County 540 0.0%
Crockett County 550 0.0%
Humphreys County 440 0.0%

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: 524 applications in 2025, of which 490 were originated and 10 denied.

1.9% of all applications, or 2.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Carroll Bank and Trust'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