First Colony Mortgage in Tennessee vs the state
7.9%Denial rate-9.20 pts vs state
10.1%Decision denial rate-11.61 pts vs state
55.6%Origination rate-2.49 pts vs state
6.50%Median rate-0.12 pts vs state
0.29Rate spread (pts)+0.06 pts vs state
$86kMedian applicant income
189Loans originated
27Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 241 | 163 | 7.1% | 7.13% | #165 |
| 2024 | 358 | 245 | 4.2% | 6.63% | #129 |
| 2025 | 340 | 189 | 7.9% | 6.50% | #149 |
What First Colony Mortgage lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most First Colony Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Davidson County | 40 | 19 | 4 | 10.0% |
| Knox County | 36 | 25 | 1 | 2.8% |
| Rutherford County | 19 | 16 | 1 | 5.3% |
| Sevier County | 19 | 9 | 1 | 5.3% |
| Montgomery County | 16 | 8 | 2 | 12.5% |
| Shelby County | 16 | 10 | 2 | 12.5% |
| Williamson County | 15 | 8 | 0 | 0.0% |
| Sumner County | 15 | 8 | 3 | 20.0% |
| Henderson County | 11 | 7 | 0 | 0.0% |
| Franklin County | 10 | 3 | 2 | 20.0% |
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: 340 applications in 2025, of which 189 were originated and 27 denied.
7.9% of all applications, or 10.1% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans First Colony Mortgage originated in Tennessee in 2025 was 6.50%, against a statewide median of 6.62%.
About this data. Figures are First Colony 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