Evolve Bank & Trust · Tennessee · 2025

Evolve Bank & Trust in Tennessee: approval rate, denial rate and rates (2025)

Evolve Bank & Trust took 228 mortgage applications in Tennessee in 2025, ranking #199 of 1,274 lenders active in the state. It originated 75.9% of them and denied 5.7% (6.8% of the applications it decided), against a statewide denial rate of 17.1%.

228Applicationsin TN
6.8%Decision denial ratestate 21.7%
6.38%Median ratestate 6.62%
$250,000Median loanstate $225,000
$55MVolume11 counties

Evolve Bank & Trust in Tennessee vs the state

5.7%Denial rate-11.44 pts vs state
6.8%Decision denial rate-14.87 pts vs state
75.9%Origination rate+17.80 pts vs state
6.38%Median rate-0.25 pts vs state
0.11Rate spread (pts)-0.12 pts vs state
$103kMedian applicant income
173Loans originated
13Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233792823.7%6.63%#115
20242972324.0%6.63%#147
20252281735.7%6.38%#199

What Evolve Bank & Trust lends in Tennessee

By loan purpose

Home purchase 188 82% · 5.9% denied
Refinance 23 10% · 4.4% denied
Cash-out refinance 14 6% · 0.0% denied
Home improvement 2 1% · 0.0% denied
Other / HELOC 1 0% · 100.0% denied

By loan type

Conventional 144 63% · 4.2% denied
FHA 61 27% · 6.6% denied
VA 20 9% · 15.0% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Tennessee applicants

Collateral 4 31%
Incomplete application 4 31%
Debt-to-income ratio 2 15%
Credit history 1 8%
Insufficient cash 1 8%
Other 1 8%

Where in Tennessee

Counties with the most Evolve Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 19114511 5.8%
Fayette County 13110 0.0%
Tipton County 1180 0.0%
Madison County 311 33.3%
Davidson County 220 0.0%
Sumner County 220 0.0%
Hamilton County 220 0.0%
Knox County 100 0.0%
Lake County 101 100.0%
Hardeman 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: 228 applications in 2025, of which 173 were originated and 13 denied.

5.7% of all applications, or 6.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Evolve Bank & Trust originated in Tennessee in 2025 was 6.38%, against a statewide median of 6.62%.

About this data. Figures are Evolve Bank & Trust'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