Charles Schwab Bank in Tennessee vs the state
4.6%Denial rate-12.59 pts vs state
4.6%Decision denial rate-17.13 pts vs state
91.8%Origination rate+33.74 pts vs state
5.50%Median rate-1.12 pts vs state
-0.21Rate spread (pts)-0.44 pts vs state
$376kMedian applicant income
101Loans originated
5Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 40 | 38 | 5.0% | 5.78% | #420 |
| 2024 | 69 | 67 | 0.0% | 6.00% | #349 |
| 2025 | 110 | 101 | 4.6% | 5.50% | #304 |
What Charles Schwab Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Charles Schwab Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Williamson County | 39 | 37 | 1 | 2.6% |
| Davidson County | 20 | 18 | 2 | 10.0% |
| Sevier County | 7 | 7 | 0 | 0.0% |
| Knox County | 7 | 6 | 0 | 0.0% |
| Wilson County | 4 | 3 | 1 | 25.0% |
| Shelby County | 4 | 4 | 0 | 0.0% |
| Blount County | 3 | 2 | 0 | 0.0% |
| Rutherford County | 3 | 3 | 0 | 0.0% |
| Hamilton County | 3 | 3 | 0 | 0.0% |
| Loudon County | 2 | 2 | 0 | 0.0% |
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: 110 applications in 2025, of which 101 were originated and 5 denied.
4.6% of all applications, or 4.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Charles Schwab Bank originated in Tennessee in 2025 was 5.50%, against a statewide median of 6.62%.
About this data. Figures are Charles Schwab 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