Commercial Lender in Tennessee vs the state
88.4%Denial rate+71.28 pts vs state
91.3%Decision denial rate+69.62 pts vs state
8.4%Origination rate-49.66 pts vs state
10.99%Median rate+4.37 pts vs state
—Rate spread (pts)
—Median applicant income
8Loans originated
84Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 64 | 7 | 39.1% | 11.74% | #355 |
| 2024 | 62 | 14 | 27.4% | 10.54% | #361 |
| 2025 | 95 | 8 | 88.4% | 10.99% | #331 |
What Commercial Lender lends in Tennessee
By loan purpose
By loan type
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: 95 applications in 2025, of which 8 were originated and 84 denied.
88.4% of all applications, or 91.3% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Commercial Lender originated in Tennessee in 2025 was 10.99%, against a statewide median of 6.62%.
About this data. Figures are Commercial Lender'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