Centennial Bank · Tennessee · 2025

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

Centennial Bank took 336 mortgage applications in Tennessee in 2025, ranking #153 of 1,274 lenders active in the state. It originated 82.4% of them and denied 6.0% (6.6% of the applications it decided), against a statewide denial rate of 17.1%.

336Applicationsin TN
6.6%Decision denial ratestate 21.7%
Median ratestate 6.62%
$150,000Median loanstate $225,000
$63MVolume20 counties

Centennial Bank in Tennessee vs the state

6.0%Denial rate-11.19 pts vs state
6.6%Decision denial rate-15.10 pts vs state
82.4%Origination rate+24.36 pts vs state
Median rate
Rate spread (pts)
$106kMedian applicant income
277Loans originated
20Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233322639.3%#126
20243272568.6%#135
20253362776.0%#153

What Centennial Bank lends in Tennessee

By loan purpose

Home purchase 176 52% · 7.4% denied
Refinance 98 29% · 5.1% denied
Home improvement 23 7% · 0.0% denied
Other / HELOC 39 12% · 5.1% denied

By loan type

Conventional 336 100% · 6.0% denied

Where in Tennessee

Counties with the most Centennial Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Gibson County 96817 7.3%
Madison County 60501 1.7%
Hardeman County 39352 5.1%
Chester County 34272 5.9%
Carroll County 29250 0.0%
McNairy County 20144 20.0%
Hardin County 12110 0.0%
Crockett County 1052 20.0%
Henry County 1080 0.0%
Fayette County 430 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: 336 applications in 2025, of which 277 were originated and 20 denied.

6.0% of all applications, or 6.6% 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 Centennial 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