Fifth Third Bank · Tennessee · 2025

Fifth Third Bank in Tennessee: approval rate, denial rate and rates (2025)

Fifth Third Bank took 1,984 mortgage applications in Tennessee in 2025, ranking #37 of 1,274 lenders active in the state. It originated 48.9% of them and denied 31.2% (37.8% of the applications it decided), against a statewide denial rate of 17.1%.

2.0kApplicationsin TN
37.8%Decision denial ratestate 21.7%
7.63%Median ratestate 6.62%
$145,000Median loanstate $225,000
$249MVolume79 counties

Fifth Third Bank in Tennessee vs the state

31.2%Denial rate+14.06 pts vs state
37.8%Decision denial rate+16.11 pts vs state
48.9%Origination rate-9.14 pts vs state
7.63%Median rate+1.00 pts vs state
0.54Rate spread (pts)+0.31 pts vs state
$116kMedian applicant income
971Loans originated
619Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,40976723.6%8.05%#44
20241,45076927.5%8.55%#46
20251,98497131.2%7.63%#37

What Fifth Third Bank lends in Tennessee

By loan purpose

Home purchase 356 18% · 16.0% denied
Refinance 481 24% · 22.9% denied
Cash-out refinance 52 3% · 13.5% denied
Home improvement 669 34% · 40.5% denied
Other / HELOC 426 21% · 40.9% denied

By loan type

Conventional 1,944 98% · 31.8% denied
FHA 27 1% · 0.0% denied
VA 11 1% · 0.0% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Tennessee applicants

Credit history 239 39%
Debt-to-income ratio 179 29%
Other 75 12%
Collateral 54 9%
Incomplete application 42 7%
Unverifiable information 17 3%
Employment history 13 2%

Where in Tennessee

Counties with the most Fifth Third Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 518247176 34.0%
Williamson County 36919793 25.2%
Rutherford County 22010480 36.4%
Sumner County 1337433 24.8%
Knox County 1326142 31.8%
Maury County 944430 31.9%
Wilson County 683318 26.5%
Blount County 33196 18.2%
Hamilton County 32179 28.1%
Shelby County 311015 48.4%

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: 1,984 applications in 2025, of which 971 were originated and 619 denied.

31.2% of all applications, or 37.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Fifth Third Bank originated in Tennessee in 2025 was 7.63%, against a statewide median of 6.62%.

About this data. Figures are Fifth Third Bank'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