Fortera Federal Credit Union in Tennessee vs the state
26.4%Denial rate+9.28 pts vs state
27.2%Decision denial rate+5.55 pts vs state
61.4%Origination rate+3.34 pts vs state
7.50%Median rate+0.88 pts vs state
0.68Rate spread (pts)+0.45 pts vs state
$96kMedian applicant income
702Loans originated
302Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,148 | 649 | 31.8% | 8.99% | #56 |
| 2024 | 1,082 | 654 | 26.8% | 8.75% | #57 |
| 2025 | 1,143 | 702 | 26.4% | 7.50% | #57 |
What Fortera Federal Credit Union lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Fortera Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 813 | 515 | 213 | 26.2% |
| Davidson County | 74 | 39 | 21 | 28.4% |
| Lawrence County | 41 | 21 | 9 | 22.0% |
| Stewart County | 32 | 18 | 11 | 34.4% |
| Dickson County | 22 | 12 | 5 | 22.7% |
| Cheatham County | 20 | 15 | 4 | 20.0% |
| Rutherford County | 19 | 11 | 7 | 36.8% |
| Sumner County | 18 | 10 | 5 | 27.8% |
| Wilson County | 12 | 9 | 3 | 25.0% |
| Giles County | 11 | 7 | 1 | 9.1% |
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: 1,143 applications in 2025, of which 702 were originated and 302 denied.
26.4% of all applications, or 27.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Fortera Federal Credit Union originated in Tennessee in 2025 was 7.50%, against a statewide median of 6.62%.
About this data. Figures are Fortera Federal Credit Union'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