Click n' Close · Tennessee · 2025

Click n' Close in Tennessee: approval rate, denial rate and rates (2025)

Click n' Close took 623 mortgage applications in Tennessee in 2025, ranking #95 of 1,274 lenders active in the state. It originated 60.5% of them and denied 5.3% (7.8% of the applications it decided), against a statewide denial rate of 17.1%.

623Applicationsin TN
7.8%Decision denial ratestate 21.7%
6.88%Median ratestate 6.62%
$205,000Median loanstate $225,000
$71MVolume77 counties

Click n' Close in Tennessee vs the state

5.3%Denial rate-11.84 pts vs state
7.8%Decision denial rate-13.90 pts vs state
60.5%Origination rate+2.43 pts vs state
6.88%Median rate+0.25 pts vs state
2.06Rate spread (pts)+1.83 pts vs state
$82kMedian applicant income
377Loans originated
33Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233852844.2%7.13%#112
20245583432.5%7.13%#96
20256233775.3%6.88%#95

What Click n' Close lends in Tennessee

By loan purpose

Home purchase 564 91% · 5.5% denied
Refinance 31 5% · 6.5% denied
Cash-out refinance 16 3% · 0.0% denied
Other / HELOC 12 2% · 0.0% denied

By loan type

Conventional 244 39% · 3.3% denied
FHA 281 45% · 6.8% denied
VA 26 4% · 7.7% denied
USDA / RHS 72 12% · 5.6% denied

Why it denied Tennessee applicants

Debt-to-income ratio 10 30%
Credit history 6 18%
Other 6 18%
Employment history 4 12%
Unverifiable information 3 9%
Collateral 2 6%
Incomplete application 1 3%
Insufficient cash 1 3%

Where in Tennessee

Counties with the most Click n' Close applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Knox County 56392 3.6%
Sumner County 47321 2.1%
Shelby County 44243 6.8%
Montgomery County 41244 9.8%
Davidson County 27112 7.4%
Gibson County 23171 4.3%
Dickson County 20131 5.0%
Hamilton County 20112 10.0%
Rutherford County 1690 0.0%
Hardin County 16140 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: 623 applications in 2025, of which 377 were originated and 33 denied.

5.3% of all applications, or 7.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Click n' Close originated in Tennessee in 2025 was 6.88%, against a statewide median of 6.62%.

About this data. Figures are Click n' Close'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