Champions Funding in Tennessee vs the state
20.4%Denial rate+3.23 pts vs state
27.2%Decision denial rate+5.49 pts vs state
54.4%Origination rate-3.70 pts vs state
7.63%Median rate+1.00 pts vs state
2.54Rate spread (pts)+2.31 pts vs state
$174kMedian applicant income
267Loans originated
100Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 61 | 29 | 52.5% | 9.75% | #366 |
| 2024 | 121 | 73 | 12.4% | 9.13% | #271 |
| 2025 | 491 | 267 | 20.4% | 7.63% | #117 |
What Champions Funding lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Champions Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 123 | 55 | 35 | 28.5% |
| Davidson County | 103 | 61 | 19 | 18.4% |
| Sevier County | 44 | 19 | 13 | 29.5% |
| Knox County | 30 | 19 | 6 | 20.0% |
| Hamilton County | 22 | 12 | 3 | 13.6% |
| Williamson County | 17 | 10 | 2 | 11.8% |
| Rutherford County | 17 | 12 | 1 | 5.9% |
| Sumner County | 14 | 10 | 1 | 7.1% |
| Montgomery County | 14 | 5 | 4 | 28.6% |
| Wilson County | 12 | 8 | 3 | 25.0% |
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: 491 applications in 2025, of which 267 were originated and 100 denied.
20.4% of all applications, or 27.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Champions Funding originated in Tennessee in 2025 was 7.63%, against a statewide median of 6.62%.
About this data. Figures are Champions Funding'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