Clearpath Lending · Tennessee · 2025

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

Clearpath Lending took 101 mortgage applications in Tennessee in 2025, ranking #325 of 1,274 lenders active in the state. It originated 60.4% of them and denied 9.9% (14.1% of the applications it decided), against a statewide denial rate of 17.1%.

101Applicationsin TN
14.1%Decision denial ratestate 21.7%
5.75%Median ratestate 6.62%
$315,000Median loanstate $225,000
$20MVolume44 counties

Clearpath Lending in Tennessee vs the state

9.9%Denial rate-7.24 pts vs state
14.1%Decision denial rate-7.60 pts vs state
60.4%Origination rate+2.32 pts vs state
5.75%Median rate-0.87 pts vs state
-0.81Rate spread (pts)-1.04 pts vs state
$86kMedian applicant income
61Loans originated
10Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023614014.8%5.69%#364
2024935818.3%5.75%#322
2025101619.9%5.75%#325

What Clearpath Lending lends in Tennessee

By loan purpose

Home purchase 1 1% · 0.0% denied
Refinance 73 72% · 8.2% denied
Cash-out refinance 27 27% · 14.8% denied

By loan type

Conventional 2 2% · 50.0% denied
VA 99 98% · 9.1% denied

Why it denied Tennessee applicants

Other 5 50%
Credit history 3 30%
Debt-to-income ratio 2 20%

Where in Tennessee

Counties with the most Clearpath Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 1181 9.1%
Shelby County 1082 20.0%
Montgomery County 722 28.6%
Knox County 530 0.0%
Maury County 430 0.0%
Monroe County 421 25.0%
Wilson County 310 0.0%
Hamilton County 320 0.0%
Jefferson County 321 33.3%
Sullivan County 310 0.0%

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: 101 applications in 2025, of which 61 were originated and 10 denied.

9.9% of all applications, or 14.1% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Clearpath Lending originated in Tennessee in 2025 was 5.75%, against a statewide median of 6.62%.

About this data. Figures are Clearpath 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