Farmers Bank & Trust · Tennessee · 2025

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

Farmers Bank & Trust took 61 mortgage applications in Tennessee in 2025, ranking #383 of 1,274 lenders active in the state. It originated 41.0% of them and denied 6.6% (12.9% of the applications it decided), against a statewide denial rate of 17.1%.

61Applicationsin TN
12.9%Decision denial ratestate 21.7%
6.13%Median ratestate 6.62%
$455,000Median loanstate $225,000
$12MVolume20 counties

Farmers Bank & Trust in Tennessee vs the state

6.6%Denial rate-10.58 pts vs state
12.9%Decision denial rate-8.78 pts vs state
41.0%Origination rate-17.10 pts vs state
6.13%Median rate-0.50 pts vs state
-0.25Rate spread (pts)-0.48 pts vs state
$174kMedian applicant income
25Loans originated
4Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202364311.6%6.25%#353
202471337.0%6.38%#344
202561256.6%6.13%#383

What Farmers Bank & Trust lends in Tennessee

By loan purpose

Home purchase 35 57% · 2.9% denied
Refinance 19 31% · 10.5% denied
Cash-out refinance 6 10% · 16.7% denied
Other / HELOC 1 2% · 0.0% denied

By loan type

Conventional 57 93% · 7.0% denied
VA 4 7% · 0.0% denied

Why it denied Tennessee applicants

Unverifiable information 2 50%
Other 1 25%
Debt-to-income ratio 1 25%

Where in Tennessee

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

CountyApplicationsOriginatedDeniedDenial rate
Sevier County 1222 16.7%
Davidson County 1162 18.2%
Sumner County 510 0.0%
Shelby County 410 0.0%
Knox County 430 0.0%
Maury County 310 0.0%
Hamilton County 320 0.0%
Williamson County 300 0.0%
Rutherford County 300 0.0%
Washington County 220 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: 61 applications in 2025, of which 25 were originated and 4 denied.

6.6% of all applications, or 12.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Farmers Bank & Trust originated in Tennessee in 2025 was 6.13%, against a statewide median of 6.62%.

About this data. Figures are Farmers 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