Connexus Credit Union · Tennessee · 2025

Connexus Credit Union in Tennessee: approval rate, denial rate and rates (2025)

Connexus Credit Union took 37 mortgage applications in Tennessee in 2025, ranking #456 of 1,274 lenders active in the state. It originated 8.1% of them and denied 70.3% (86.7% of the applications it decided), against a statewide denial rate of 17.1%.

37Applicationsin TN
86.7%Decision denial ratestate 21.7%
6.49%Median ratestate 6.62%
$105,000Median loanstate $225,000
$185kVolume23 counties

Connexus Credit Union in Tennessee vs the state

70.3%Denial rate+53.13 pts vs state
86.7%Decision denial rate+64.99 pts vs state
8.1%Origination rate-49.97 pts vs state
6.49%Median rate-0.13 pts vs state
0.40Rate spread (pts)+0.17 pts vs state
$132kMedian applicant income
3Loans originated
26Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231012949.5%4.49%#289
2024351345.7%6.99%#439
202537370.3%6.49%#456

What Connexus Credit Union lends in Tennessee

By loan purpose

Home purchase 3 8% · 33.3% denied
Refinance 2 5% · 50.0% denied
Cash-out refinance 1 3% · 100.0% denied
Home improvement 9 24% · 66.7% denied
Other / HELOC 22 59% · 77.3% denied

By loan type

Conventional 37 100% · 70.3% denied

Why it denied Tennessee applicants

Debt-to-income ratio 9 35%
Other 8 31%
Credit history 6 23%
Incomplete application 3 12%

Where in Tennessee

Counties with the most Connexus Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 604 66.7%
Robertson County 302 66.7%
Davidson County 303 100.0%
Williamson County 302 66.7%
Greene County 201 50.0%
Shelby County 202 100.0%
Sumner County 211 50.0%
Grainger County 101 100.0%
Knox County 101 100.0%
Bedford County 101 100.0%

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: 37 applications in 2025, of which 3 were originated and 26 denied.

70.3% of all applications, or 86.7% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Connexus Credit Union originated in Tennessee in 2025 was 6.49%, against a statewide median of 6.62%.

About this data. Figures are Connexus Credit Union'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