Flagstar Bank in Tennessee vs the state
28.4%Denial rate+11.30 pts vs state
32.8%Decision denial rate+11.11 pts vs state
57.4%Origination rate-0.73 pts vs state
6.25%Median rate-0.37 pts vs state
0.13Rate spread (pts)-0.10 pts vs state
$92kMedian applicant income
121Loans originated
60Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 866 | 514 | 18.5% | 6.88% | #69 |
| 2024 | 705 | 449 | 21.0% | 6.73% | #82 |
| 2025 | 211 | 121 | 28.4% | 6.25% | #205 |
What Flagstar Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Flagstar Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 25 | 15 | 9 | 36.0% |
| Davidson County | 22 | 13 | 7 | 31.8% |
| Cumberland County | 17 | 13 | 3 | 17.6% |
| Knox County | 17 | 15 | 1 | 5.9% |
| Shelby County | 14 | 7 | 3 | 21.4% |
| Sumner County | 10 | 3 | 4 | 40.0% |
| Hamilton County | 9 | 4 | 3 | 33.3% |
| Rutherford County | 9 | 6 | 2 | 22.2% |
| Williamson County | 8 | 3 | 3 | 37.5% |
| Wilson County | 4 | 1 | 2 | 50.0% |
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: 211 applications in 2025, of which 121 were originated and 60 denied.
28.4% of all applications, or 32.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Flagstar Bank originated in Tennessee in 2025 was 6.25%, against a statewide median of 6.62%.
About this data. Figures are Flagstar 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