City Lending in Tennessee vs the state
17.4%Denial rate+0.25 pts vs state
20.0%Decision denial rate-1.68 pts vs state
69.6%Origination rate+11.49 pts vs state
7.50%Median rate+0.88 pts vs state
1.27Rate spread (pts)+1.04 pts vs state
$74kMedian applicant income
16Loans originated
4Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 5 | 5 | 0.0% | 6.69% | #744 |
| 2025 | 23 | 16 | 17.4% | 7.50% | #514 |
What City Lending lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most City Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Rutherford County | 8 | 5 | 1 | 12.5% |
| Davidson County | 4 | 3 | 1 | 25.0% |
| Sumner County | 3 | 3 | 0 | 0.0% |
| Robertson County | 2 | 2 | 0 | 0.0% |
| Montgomery County | 2 | 2 | 0 | 0.0% |
| Crockett County | 1 | 0 | 1 | 100.0% |
| Knox County | 1 | 0 | 1 | 100.0% |
| Warren County | 1 | 1 | 0 | 0.0% |
| Giles County | 1 | 0 | 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: 23 applications in 2025, of which 16 were originated and 4 denied.
17.4% of all applications, or 20.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans City Lending originated in Tennessee in 2025 was 7.50%, against a statewide median of 6.62%.
About this data. Figures are City Lending'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