Freedom Mortgage in Tennessee vs the state
8.0%Denial rate-9.13 pts vs state
13.2%Decision denial rate-8.52 pts vs state
44.4%Origination rate-13.73 pts vs state
6.25%Median rate-0.37 pts vs state
0.15Rate spread (pts)-0.08 pts vs state
$84kMedian applicant income
2,436Loans originated
440Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,708 | 786 | 13.7% | 6.75% | #36 |
| 2024 | 3,681 | 1,690 | 9.1% | 6.25% | #20 |
| 2025 | 5,493 | 2,436 | 8.0% | 6.25% | #8 |
What Freedom Mortgage lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Freedom Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 504 | 249 | 32 | 6.3% |
| Shelby County | 495 | 215 | 41 | 8.3% |
| Knox County | 369 | 169 | 27 | 7.3% |
| Rutherford County | 354 | 158 | 23 | 6.5% |
| Davidson County | 334 | 144 | 24 | 7.2% |
| Hamilton County | 286 | 121 | 21 | 7.3% |
| Sumner County | 191 | 105 | 14 | 7.3% |
| Wilson County | 135 | 57 | 13 | 9.6% |
| Washington County | 131 | 60 | 15 | 11.5% |
| Blount County | 127 | 58 | 10 | 7.9% |
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% |
| 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: 5,493 applications in 2025, of which 2,436 were originated and 440 denied.
8.0% of all applications, or 13.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Freedom Mortgage originated in Tennessee in 2025 was 6.25%, against a statewide median of 6.62%.
About this data. Figures are Freedom Mortgage'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