First Bancorp in Tennessee vs the state
4.5%Denial rate-12.64 pts vs state
5.0%Decision denial rate-16.73 pts vs state
84.0%Origination rate+25.92 pts vs state
7.50%Median rate+0.88 pts vs state
0.32Rate spread (pts)+0.08 pts vs state
$117kMedian applicant income
168Loans originated
9Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 222 | 190 | 4.5% | 7.88% | #176 |
| 2024 | 205 | 177 | 3.9% | 8.25% | #200 |
| 2025 | 200 | 168 | 4.5% | 7.50% | #216 |
What First Bancorp lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most First Bancorp applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sullivan County | 85 | 70 | 4 | 4.7% |
| Washington County | 39 | 36 | 3 | 7.7% |
| Jefferson County | 10 | 7 | 0 | 0.0% |
| Carter County | 8 | 8 | 0 | 0.0% |
| Greene County | 8 | 7 | 0 | 0.0% |
| Knox County | 8 | 6 | 1 | 12.5% |
| Hawkins County | 6 | 5 | 0 | 0.0% |
| Sevier County | 6 | 6 | 0 | 0.0% |
| Unicoi County | 5 | 5 | 0 | 0.0% |
| Grainger County | 3 | 2 | 0 | 0.0% |
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: 200 applications in 2025, of which 168 were originated and 9 denied.
4.5% of all applications, or 5.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans First Bancorp originated in Tennessee in 2025 was 7.50%, against a statewide median of 6.62%.
About this data. Figures are First Bancorp'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