FirstBank in Tennessee vs the state
14.5%Denial rate-2.68 pts vs state
15.8%Decision denial rate-5.85 pts vs state
72.0%Origination rate+13.95 pts vs state
6.88%Median rate+0.25 pts vs state
0.25Rate spread (pts)+0.02 pts vs state
$102kMedian applicant income
4,089Loans originated
821Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,351 | 3,412 | 16.3% | 7.38% | #7 |
| 2024 | 5,594 | 3,572 | 16.9% | 7.13% | #5 |
| 2025 | 5,677 | 4,089 | 14.5% | 6.88% | #6 |
What FirstBank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most FirstBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Davidson County | 568 | 458 | 31 | 5.5% |
| Hamilton County | 562 | 470 | 37 | 6.6% |
| Williamson County | 474 | 393 | 32 | 6.8% |
| Rutherford County | 445 | 374 | 31 | 7.0% |
| Henderson County | 219 | 157 | 33 | 15.1% |
| Wilson County | 180 | 144 | 15 | 8.3% |
| Knox County | 173 | 127 | 26 | 15.0% |
| Sevier County | 150 | 107 | 29 | 19.3% |
| Henry County | 135 | 96 | 18 | 13.3% |
| Madison County | 129 | 97 | 16 | 12.4% |
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% |
| 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% |
| Eastman Credit Union | D | 4,436 | 21.5% | 7.25% |
Frequently asked questions
Tennessee: 5,677 applications in 2025, of which 4,089 were originated and 821 denied.
14.5% of all applications, or 15.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans FirstBank originated in Tennessee in 2025 was 6.88%, against a statewide median of 6.62%.
About this data. Figures are FirstBank'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