Filo Mortgage · Tennessee · 2025

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

Filo Mortgage took 187 mortgage applications in Tennessee in 2025, ranking #225 of 1,274 lenders active in the state. It originated 44.4% of them and denied 2.7% (4.8% of the applications it decided), against a statewide denial rate of 17.1%.

187Applicationsin TN
4.8%Decision denial ratestate 21.7%
6.49%Median ratestate 6.62%
$345,000Median loanstate $225,000
$33MVolume36 counties

Filo Mortgage in Tennessee vs the state

2.7%Denial rate-14.47 pts vs state
4.8%Decision denial rate-16.87 pts vs state
44.4%Origination rate-13.69 pts vs state
6.49%Median rate-0.13 pts vs state
0.03Rate spread (pts)-0.20 pts vs state
$125kMedian applicant income
83Loans originated
5Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202386325.8%6.25%#316
2024146582.1%6.49%#248
2025187832.7%6.49%#225

What Filo Mortgage lends in Tennessee

By loan purpose

Home purchase 108 58% · 2.8% denied
Refinance 40 21% · 0.0% denied
Cash-out refinance 37 20% · 2.7% denied
Home improvement 2 1% · 50.0% denied

By loan type

Conventional 133 71% · 3.0% denied
FHA 35 19% · 0.0% denied
VA 19 10% · 5.3% denied

Why it denied Tennessee applicants

Debt-to-income ratio 3 60%
Unverifiable information 2 40%

Where in Tennessee

Counties with the most Filo Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Knox County 22150 0.0%
Rutherford County 1750 0.0%
Shelby County 1560 0.0%
Davidson County 1561 6.7%
Hamilton County 1590 0.0%
Williamson County 1430 0.0%
Sevier County 1370 0.0%
Sumner County 950 0.0%
Wilson County 840 0.0%
Loudon County 840 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: 187 applications in 2025, of which 83 were originated and 5 denied.

2.7% of all applications, or 4.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Filo Mortgage originated in Tennessee in 2025 was 6.49%, against a statewide median of 6.62%.

About this data. Figures are Filo 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