Directions Equity · Tennessee · 2025

Directions Equity in Tennessee: approval rate, denial rate and rates (2025)

Directions Equity took 43 mortgage applications in Tennessee in 2025, ranking #434 of 1,274 lenders active in the state. It originated 74.4% of them and denied 2.3% (2.8% of the applications it decided), against a statewide denial rate of 17.1%.

43Applicationsin TN
2.8%Decision denial ratestate 21.7%
6.13%Median ratestate 6.62%
$225,000Median loanstate $225,000
$7.6MVolume4 counties

Directions Equity in Tennessee vs the state

2.3%Denial rate-14.81 pts vs state
2.8%Decision denial rate-18.90 pts vs state
74.4%Origination rate+16.34 pts vs state
6.13%Median rate-0.50 pts vs state
-0.02Rate spread (pts)-0.25 pts vs state
$1kMedian applicant income
32Loans originated
1Denied

What Directions Equity lends in Tennessee

By loan purpose

Home purchase 36 84% · 2.8% denied
Cash-out refinance 5 12% · 0.0% denied
Other / HELOC 2 5% · 0.0% denied

By loan type

Conventional 7 16% · 14.3% denied
FHA 33 77% · 0.0% denied
VA 3 7% · 0.0% denied

Why it denied Tennessee applicants

Credit history 1 100%

Where in Tennessee

Counties with the most Directions Equity applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 39291 2.6%
Tipton County 210 0.0%
Wilson County 110 0.0%
Madison County 110 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: 43 applications in 2025, of which 32 were originated and 1 denied.

2.3% of all applications, or 2.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Directions Equity originated in Tennessee in 2025 was 6.13%, against a statewide median of 6.62%.

About this data. Figures are Directions Equity'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