First National Bank of America · Tennessee · 2025

First National Bank of America in Tennessee: approval rate, denial rate and rates (2025)

First National Bank of America took 119 mortgage applications in Tennessee in 2025, ranking #291 of 1,274 lenders active in the state. It originated 67.2% of them and denied 8.4% (11.1% of the applications it decided), against a statewide denial rate of 17.1%.

119Applicationsin TN
11.1%Decision denial ratestate 21.7%
8.75%Median ratestate 6.62%
$235,000Median loanstate $225,000
$22MVolume36 counties

First National Bank of America in Tennessee vs the state

8.4%Denial rate-8.74 pts vs state
11.1%Decision denial rate-10.57 pts vs state
67.2%Origination rate+9.15 pts vs state
8.75%Median rate+2.13 pts vs state
2.63Rate spread (pts)+2.40 pts vs state
$86kMedian applicant income
80Loans originated
10Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231428316.2%9.75%#243
20241441028.3%9.38%#250
2025119808.4%8.75%#291

What First National Bank of America lends in Tennessee

By loan purpose

Home purchase 100 84% · 7.0% denied
Refinance 6 5% · 0.0% denied
Cash-out refinance 5 4% · 20.0% denied
Home improvement 6 5% · 0.0% denied
Other / HELOC 2 2% · 100.0% denied

By loan type

Conventional 119 100% · 8.4% denied

Why it denied Tennessee applicants

Collateral 4 40%
Incomplete application 3 30%
Credit history 1 10%
Insufficient cash 1 10%
Unverifiable information 1 10%

Where in Tennessee

Counties with the most First National Bank of America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 16141 6.3%
Shelby County 13101 7.7%
Rutherford County 1160 0.0%
Knox County 960 0.0%
Hamilton County 731 14.3%
Wilson County 761 14.3%
Sevier County 540 0.0%
Maury County 540 0.0%
Montgomery County 440 0.0%
Sumner County 421 25.0%

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: 119 applications in 2025, of which 80 were originated and 10 denied.

8.4% of all applications, or 11.1% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans First National Bank of America originated in Tennessee in 2025 was 8.75%, against a statewide median of 6.62%.

About this data. Figures are First National Bank of America'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