Gershman Investment in Tennessee vs the state
6.4%Denial rate-10.71 pts vs state
7.8%Decision denial rate-13.84 pts vs state
74.7%Origination rate+16.62 pts vs state
6.00%Median rate-0.62 pts vs state
-0.19Rate spread (pts)-0.42 pts vs state
$81kMedian applicant income
186Loans originated
16Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 28 | 21 | 3.6% | 6.75% | #467 |
| 2024 | 174 | 118 | 8.1% | 5.88% | #226 |
| 2025 | 249 | 186 | 6.4% | 6.00% | #182 |
What Gershman Investment lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Gershman Investment applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 190 | 148 | 12 | 6.3% |
| Humphreys County | 13 | 8 | 0 | 0.0% |
| Benton County | 6 | 4 | 0 | 0.0% |
| Hickman County | 5 | 5 | 0 | 0.0% |
| Cheatham County | 5 | 2 | 2 | 40.0% |
| Stewart County | 3 | 0 | 1 | 33.3% |
| Robertson County | 3 | 2 | 0 | 0.0% |
| Obion County | 3 | 1 | 1 | 33.3% |
| Henry County | 2 | 1 | 0 | 0.0% |
| Jackson County | 2 | 2 | 0 | 0.0% |
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: 249 applications in 2025, of which 186 were originated and 16 denied.
6.4% of all applications, or 7.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Gershman Investment originated in Tennessee in 2025 was 6.00%, against a statewide median of 6.62%.
About this data. Figures are Gershman Investment'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