Fairway Independent Mortgage in Tennessee vs the state
4.0%Denial rate-13.16 pts vs state
5.5%Decision denial rate-16.15 pts vs state
67.5%Origination rate+9.45 pts vs state
6.50%Median rate-0.12 pts vs state
0.38Rate spread (pts)+0.15 pts vs state
$98kMedian applicant income
1,593Loans originated
94Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,017 | 1,425 | 4.0% | 6.63% | #30 |
| 2024 | 2,150 | 1,560 | 3.6% | 6.63% | #34 |
| 2025 | 2,359 | 1,593 | 4.0% | 6.50% | #32 |
What Fairway Independent Mortgage lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Fairway Independent Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Knox County | 475 | 326 | 20 | 4.2% |
| Lawrence County | 182 | 119 | 1 | 0.5% |
| Sumner County | 152 | 97 | 12 | 7.9% |
| Davidson County | 121 | 84 | 5 | 4.1% |
| Maury County | 112 | 64 | 3 | 2.7% |
| Williamson County | 94 | 64 | 2 | 2.1% |
| Lauderdale County | 81 | 59 | 9 | 11.1% |
| Blount County | 81 | 53 | 5 | 6.2% |
| Rutherford County | 76 | 46 | 3 | 3.9% |
| Loudon County | 57 | 40 | 3 | 5.3% |
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: 2,359 applications in 2025, of which 1,593 were originated and 94 denied.
4.0% of all applications, or 5.5% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Fairway Independent Mortgage originated in Tennessee in 2025 was 6.50%, against a statewide median of 6.62%.
About this data. Figures are Fairway Independent Mortgage'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