CMG Mortgage · Tennessee · 2025

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

CMG Mortgage took 5,643 mortgage applications in Tennessee in 2025, ranking #7 of 1,274 lenders active in the state. It originated 69.6% of them and denied 2.9% (3.7% of the applications it decided), against a statewide denial rate of 17.1%.

5.6kApplicationsin TN
3.7%Decision denial ratestate 21.7%
6.50%Median ratestate 6.62%
$315,000Median loanstate $225,000
$1.4BVolume87 counties

CMG Mortgage in Tennessee vs the state

2.9%Denial rate-14.20 pts vs state
3.7%Decision denial rate-17.98 pts vs state
69.6%Origination rate+11.48 pts vs state
6.50%Median rate-0.12 pts vs state
0.23Rate spread (pts)0.00 pts vs state
$105kMedian applicant income
3,925Loans originated
166Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,1453,6133.3%6.50%#9
20245,5133,8493.0%6.63%#6
20255,6433,9252.9%6.50%#7

What CMG Mortgage lends in Tennessee

By loan purpose

Home purchase 4,502 80% · 2.5% denied
Refinance 586 10% · 2.4% denied
Cash-out refinance 500 9% · 6.0% denied
Home improvement 5 0% · 0.0% denied
Other / HELOC 50 1% · 22.0% denied

By loan type

Conventional 3,278 58% · 2.7% denied
FHA 1,453 26% · 3.5% denied
VA 570 10% · 2.1% denied
USDA / RHS 342 6% · 4.4% denied

Why it denied Tennessee applicants

Debt-to-income ratio 51 31%
Credit history 28 17%
Collateral 26 16%
Other 25 15%
Unverifiable information 17 10%
Incomplete application 8 5%
Insufficient cash 7 4%
Employment history 4 2%

Where in Tennessee

Counties with the most CMG Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 89457928 3.1%
Rutherford County 60447613 2.2%
Hamilton County 44331712 2.7%
Sumner County 3902906 1.5%
Knox County 3162357 2.2%
Williamson County 3091997 2.3%
Bradley County 18213212 6.6%
Wilson County 1741271 0.6%
Maury County 1701253 1.8%
Montgomery County 1691214 2.4%

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%
Freedom MortgageB 5,4938.0%6.25%
Pennymac Loan ServicesC 5,33111.2%6.00%
Mortgage Investors GroupB 4,4543.5%6.50%
Eastman Credit UnionD 4,43621.5%7.25%

Frequently asked questions

Tennessee: 5,643 applications in 2025, of which 3,925 were originated and 166 denied.

2.9% of all applications, or 3.7% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans CMG Mortgage originated in Tennessee in 2025 was 6.50%, against a statewide median of 6.62%.

About this data. Figures are CMG Mortgage'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