Firsttrust Home Loans · Tennessee · 2025

Firsttrust Home Loans in Tennessee: approval rate, denial rate and rates (2025)

Firsttrust Home Loans took 372 mortgage applications in Tennessee in 2025, ranking #138 of 1,274 lenders active in the state. It originated 83.6% of them and denied 1.1% (1.3% of the applications it decided), against a statewide denial rate of 17.1%.

372Applicationsin TN
1.3%Decision denial ratestate 21.7%
6.50%Median ratestate 6.62%
$320,000Median loanstate $225,000
$108MVolume33 counties

Firsttrust Home Loans in Tennessee vs the state

1.1%Denial rate-16.06 pts vs state
1.3%Decision denial rate-20.41 pts vs state
83.6%Origination rate+25.52 pts vs state
6.50%Median rate-0.12 pts vs state
0.27Rate spread (pts)+0.04 pts vs state
$110kMedian applicant income
311Loans originated
4Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232762212.2%6.88%#146
2024427140.9%6.75%#114
20253723111.1%6.50%#138

What Firsttrust Home Loans lends in Tennessee

By loan purpose

Home purchase 298 80% · 1.3% denied
Refinance 45 12% · 0.0% denied
Cash-out refinance 28 8% · 0.0% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 242 65% · 0.4% denied
FHA 93 25% · 1.1% denied
VA 32 9% · 3.1% denied
USDA / RHS 5 1% · 20.0% denied

Why it denied Tennessee applicants

Credit history 2 50%
Debt-to-income ratio 1 25%
Other 1 25%

Where in Tennessee

Counties with the most Firsttrust Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sumner County 1361170 0.0%
Robertson County 93781 1.1%
Davidson County 32280 0.0%
Montgomery County 18151 5.6%
Shelby County 18140 0.0%
Cheatham County 14130 0.0%
Wilson County 1050 0.0%
Rutherford County 750 0.0%
Macon County 650 0.0%
Henry County 550 0.0%

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: 372 applications in 2025, of which 311 were originated and 4 denied.

1.1% of all applications, or 1.3% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Firsttrust Home Loans originated in Tennessee in 2025 was 6.50%, against a statewide median of 6.62%.

About this data. Figures are Firsttrust Home Loans'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