GTE Federal Credit Union · Tennessee · 2025

GTE Federal Credit Union in Tennessee: approval rate, denial rate and rates (2025)

GTE Federal Credit Union took 133 mortgage applications in Tennessee in 2025, ranking #274 of 1,274 lenders active in the state. It originated 64.7% of them and denied 21.8% (24.4% of the applications it decided), against a statewide denial rate of 17.1%.

133Applicationsin TN
24.4%Decision denial ratestate 21.7%
8.50%Median ratestate 6.62%
$135,000Median loanstate $225,000
$14MVolume37 counties

GTE Federal Credit Union in Tennessee vs the state

21.8%Denial rate+4.66 pts vs state
24.4%Decision denial rate+2.69 pts vs state
64.7%Origination rate+6.58 pts vs state
8.50%Median rate+1.88 pts vs state
1.25Rate spread (pts)+1.02 pts vs state
$143kMedian applicant income
86Loans originated
29Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231127226.8%10.25%#277
20241056032.4%9.75%#298
20251338621.8%8.50%#274

What GTE Federal Credit Union lends in Tennessee

By loan purpose

Home purchase 28 21% · 17.9% denied
Refinance 24 18% · 0.0% denied
Home improvement 13 10% · 46.2% denied
Other / HELOC 68 51% · 26.5% denied

By loan type

Conventional 133 100% · 21.8% denied

Why it denied Tennessee applicants

Debt-to-income ratio 20 69%
Credit history 5 17%
Collateral 4 14%

Where in Tennessee

Counties with the most GTE Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Williamson County 24200 0.0%
Rutherford County 17105 29.4%
Knox County 1343 23.1%
Davidson County 1284 33.3%
Wilson County 871 12.5%
Blount County 633 50.0%
Hamilton County 650 0.0%
Sumner County 641 16.7%
Sevier County 311 33.3%
Stewart County 321 33.3%

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: 133 applications in 2025, of which 86 were originated and 29 denied.

21.8% of all applications, or 24.4% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans GTE Federal Credit Union originated in Tennessee in 2025 was 8.50%, against a statewide median of 6.62%.

About this data. Figures are GTE 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