Enrichment · Tennessee · 2025

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

Enrichment took 206 mortgage applications in Tennessee in 2025, ranking #208 of 1,274 lenders active in the state. It originated 80.6% of them and denied 3.9% (3.9% of the applications it decided), against a statewide denial rate of 17.1%.

206Applicationsin TN
3.9%Decision denial ratestate 21.7%
6.38%Median ratestate 6.62%
$175,000Median loanstate $225,000
$37MVolume22 counties

Enrichment in Tennessee vs the state

3.9%Denial rate-13.26 pts vs state
3.9%Decision denial rate-17.76 pts vs state
80.6%Origination rate+22.50 pts vs state
6.38%Median rate-0.25 pts vs state
0.43Rate spread (pts)+0.20 pts vs state
$89kMedian applicant income
166Loans originated
8Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232612262.7%5.50%#152
20241911525.8%6.38%#209
20252061663.9%6.38%#208

What Enrichment lends in Tennessee

By loan purpose

Home purchase 79 38% · 2.5% denied
Refinance 21 10% · 4.8% denied
Cash-out refinance 79 38% · 6.3% denied
Home improvement 4 2% · 0.0% denied
Other / HELOC 23 11% · 0.0% denied

By loan type

Conventional 206 100% · 3.9% denied

Why it denied Tennessee applicants

Debt-to-income ratio 4 50%
Other 3 38%
Credit history 1 13%

Where in Tennessee

Counties with the most Enrichment applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Knox County 55471 1.8%
Anderson County 43310 0.0%
Roane County 38352 5.3%
Claiborne County 19171 5.3%
Morgan County 1281 8.3%
Union County 651 16.7%
Loudon County 550 0.0%
Scott County 430 0.0%
Campbell County 410 0.0%
Cumberland County 321 33.3%

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: 206 applications in 2025, of which 166 were originated and 8 denied.

3.9% of all applications, or 3.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Enrichment originated in Tennessee in 2025 was 6.38%, against a statewide median of 6.62%.

About this data. Figures are Enrichment'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