GoodLeap · Tennessee · 2025

GoodLeap in Tennessee: approval rate, denial rate and rates (2025)

GoodLeap took 730 mortgage applications in Tennessee in 2025, ranking #85 of 1,274 lenders active in the state. It originated 48.2% of them and denied 20.8% (25.1% of the applications it decided), against a statewide denial rate of 17.1%.

730Applicationsin TN
25.1%Decision denial ratestate 21.7%
6.50%Median ratestate 6.62%
$115,000Median loanstate $225,000
$51MVolume74 counties

GoodLeap in Tennessee vs the state

20.8%Denial rate+3.68 pts vs state
25.1%Decision denial rate+3.44 pts vs state
48.2%Origination rate-9.86 pts vs state
6.50%Median rate-0.12 pts vs state
0.39Rate spread (pts)+0.16 pts vs state
$67kMedian applicant income
352Loans originated
152Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231867324.7%5.99%#203
202449223318.7%5.88%#104
202573035220.8%6.50%#85

What GoodLeap lends in Tennessee

By loan purpose

Refinance 41 6% · 31.7% denied
Cash-out refinance 689 94% · 20.2% denied

By loan type

Conventional 431 59% · 20.9% denied
FHA 220 30% · 22.3% denied
VA 79 11% · 16.5% denied

Why it denied Tennessee applicants

Collateral 41 27%
Debt-to-income ratio 39 26%
Other 25 16%
Incomplete application 19 13%
Credit history 15 10%
Insufficient cash 8 5%
Unverifiable information 4 3%
Employment history 1 1%

Where in Tennessee

Counties with the most GoodLeap applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 1517138 25.2%
Hamilton County 632712 19.0%
Montgomery County 42276 14.3%
Knox County 36235 13.9%
Davidson County 34195 14.7%
Gibson County 27106 22.2%
Rutherford County 26116 23.1%
Tipton County 23123 13.0%
Madison County 2178 38.1%
Wilson County 2078 40.0%

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: 730 applications in 2025, of which 352 were originated and 152 denied.

20.8% of all applications, or 25.1% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

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

About this data. Figures are GoodLeap'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