Citibank · Tennessee · 2025

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

Citibank took 175 mortgage applications in Tennessee in 2025, ranking #233 of 1,274 lenders active in the state. It originated 35.4% of them and denied 17.1% (32.3% of the applications it decided), against a statewide denial rate of 17.1%.

175Applicationsin TN
32.3%Decision denial ratestate 21.7%
6.13%Median ratestate 6.62%
$265,000Median loanstate $225,000
$101MVolume40 counties

Citibank in Tennessee vs the state

17.1%Denial rate0.00 pts vs state
32.3%Decision denial rate+10.58 pts vs state
35.4%Origination rate-22.65 pts vs state
6.13%Median rate-0.50 pts vs state
-0.12Rate spread (pts)-0.35 pts vs state
$172kMedian applicant income
62Loans originated
30Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023173854.6%5.88%#208
20241949214.4%6.38%#207
20251756217.1%6.13%#233

What Citibank lends in Tennessee

By loan purpose

Home purchase 75 43% · 10.7% denied
Refinance 14 8% · 7.1% denied
Cash-out refinance 8 5% · 12.5% denied
Home improvement 39 22% · 25.6% denied
Other / HELOC 39 22% · 25.6% denied

By loan type

Conventional 171 98% · 17.5% denied
FHA 1 1% · 0.0% denied
VA 3 2% · 0.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 11 37%
Credit history 11 37%
Other 5 17%
Collateral 2 7%
Insufficient cash 1 3%

Where in Tennessee

Counties with the most Citibank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Williamson County 42203 7.1%
Davidson County 31192 6.5%
Hamilton County 1633 18.8%
Shelby County 1434 28.6%
Knox County 1143 27.3%
Rutherford County 621 16.7%
Sumner County 410 0.0%
Montgomery County 401 25.0%
DeKalb County 310 0.0%
Blount County 301 33.3%

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: 175 applications in 2025, of which 62 were originated and 30 denied.

17.1% of all applications, or 32.3% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Citibank originated in Tennessee in 2025 was 6.13%, against a statewide median of 6.62%.

About this data. Figures are Citibank'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