First Savings Bank · Tennessee · 2025

First Savings Bank in Tennessee: approval rate, denial rate and rates (2025)

First Savings Bank took 44 mortgage applications in Tennessee in 2025, ranking #426 of 1,274 lenders active in the state. It originated 45.5% of them and denied 34.1% (42.9% of the applications it decided), against a statewide denial rate of 17.1%.

44Applicationsin TN
42.9%Decision denial ratestate 21.7%
7.63%Median ratestate 6.62%
$350,000Median loanstate $225,000
$8.6MVolume20 counties

First Savings Bank in Tennessee vs the state

34.1%Denial rate+16.95 pts vs state
42.9%Decision denial rate+21.18 pts vs state
45.5%Origination rate-12.63 pts vs state
7.63%Median rate+1.00 pts vs state
0.34Rate spread (pts)+0.11 pts vs state
$127kMedian applicant income
20Loans originated
15Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023874411.5%6.88%#315
2024301240.0%7.38%#463
2025442034.1%7.63%#426

What First Savings Bank lends in Tennessee

By loan purpose

Home purchase 2 5% · 50.0% denied
Refinance 19 43% · 31.6% denied
Cash-out refinance 23 52% · 34.8% denied

By loan type

Conventional 44 100% · 34.1% denied

Why it denied Tennessee applicants

Debt-to-income ratio 6 40%
Credit history 6 40%
Collateral 2 13%
Unverifiable information 1 7%

Where in Tennessee

Counties with the most First Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maury County 532 40.0%
Knox County 412 50.0%
Davidson County 420 0.0%
Sullivan County 411 25.0%
Hamilton County 311 33.3%
Shelby County 330 0.0%
Sumner County 330 0.0%
Marion County 201 50.0%
Anderson County 210 0.0%
Williamson County 211 50.0%

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: 44 applications in 2025, of which 20 were originated and 15 denied.

34.1% of all applications, or 42.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

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

About this data. Figures are First Savings 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