Clearedge Lending in Tennessee vs the state
24.1%Denial rate+6.93 pts vs state
29.9%Decision denial rate+8.21 pts vs state
54.6%Origination rate-3.45 pts vs state
7.25%Median rate+0.63 pts vs state
0.70Rate spread (pts)+0.47 pts vs state
$260kMedian applicant income
59Loans originated
26Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 65 | 34 | 29.2% | 7.94% | #348 |
| 2024 | 53 | 26 | 30.2% | 7.50% | #386 |
| 2025 | 108 | 59 | 24.1% | 7.25% | #307 |
What Clearedge Lending lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Clearedge Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Davidson County | 35 | 19 | 9 | 25.7% |
| Williamson County | 19 | 11 | 2 | 10.5% |
| Hamilton County | 7 | 3 | 2 | 28.6% |
| Knox County | 7 | 5 | 2 | 28.6% |
| Shelby County | 5 | 4 | 1 | 20.0% |
| Rutherford County | 5 | 2 | 1 | 20.0% |
| Sevier County | 4 | 0 | 2 | 50.0% |
| Blount County | 4 | 2 | 2 | 50.0% |
| Sumner County | 4 | 2 | 2 | 50.0% |
| Montgomery 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: 108 applications in 2025, of which 59 were originated and 26 denied.
24.1% of all applications, or 29.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Clearedge Lending originated in Tennessee in 2025 was 7.25%, against a statewide median of 6.62%.
About this data. Figures are Clearedge 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