Elements Financial Federal Credit Union in Tennessee vs the state
30.8%Denial rate+13.63 pts vs state
44.4%Decision denial rate+22.76 pts vs state
30.8%Origination rate-27.31 pts vs state
5.75%Median rate-0.88 pts vs state
-1.18Rate spread (pts)-1.41 pts vs state
$137kMedian applicant income
4Loans originated
4Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 21 | 13 | 28.6% | 3.99% | #509 |
| 2024 | 12 | 8 | 8.3% | 5.99% | #583 |
| 2025 | 13 | 4 | 30.8% | 5.75% | #597 |
What Elements Financial Federal Credit Union lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Elements Financial Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Davidson County | 3 | 0 | 1 | 33.3% |
| Pickett County | 1 | 1 | 0 | 0.0% |
| Knox County | 1 | 1 | 0 | 0.0% |
| Hamilton County | 1 | 0 | 0 | 0.0% |
| Williamson County | 1 | 1 | 0 | 0.0% |
| Smith County | 1 | 1 | 0 | 0.0% |
| Robertson County | 1 | 0 | 1 | 100.0% |
| Marion County | 1 | 0 | 1 | 100.0% |
| Maury County | 1 | 0 | 0 | 0.0% |
| Rutherford County | 1 | 0 | 0 | 0.0% |
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: 13 applications in 2025, of which 4 were originated and 4 denied.
30.8% of all applications, or 44.4% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Elements Financial Federal Credit Union originated in Tennessee in 2025 was 5.75%, against a statewide median of 6.62%.
About this data. Figures are Elements Financial Federal 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