Highlands Residential Mortgage · Tennessee · 2025

Highlands Residential Mortgage in Tennessee: approval rate, denial rate and rates (2025)

Highlands Residential Mortgage took 674 mortgage applications in Tennessee in 2025, ranking #89 of 1,274 lenders active in the state. It originated 72.3% of them and denied 1.5% (1.9% of the applications it decided), against a statewide denial rate of 17.1%.

674Applicationsin TN
1.9%Decision denial ratestate 21.7%
6.63%Median ratestate 6.62%
$325,000Median loanstate $225,000
$184MVolume42 counties

Highlands Residential Mortgage in Tennessee vs the state

1.5%Denial rate-15.66 pts vs state
1.9%Decision denial rate-19.81 pts vs state
72.3%Origination rate+14.18 pts vs state
6.63%Median rate0.00 pts vs state
0.32Rate spread (pts)+0.09 pts vs state
$112kMedian applicant income
487Loans originated
10Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237295053.0%6.63%#81
20246244701.6%6.75%#90
20256744871.5%6.63%#89

What Highlands Residential Mortgage lends in Tennessee

By loan purpose

Home purchase 567 84% · 1.6% denied
Refinance 46 7% · 0.0% denied
Cash-out refinance 61 9% · 1.6% denied

By loan type

Conventional 465 69% · 1.7% denied
FHA 155 23% · 0.7% denied
VA 51 8% · 2.0% denied
USDA / RHS 3 0% · 0.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 4 40%
Other 3 30%
Employment history 1 10%
Collateral 1 10%
Credit history 1 10%

Where in Tennessee

Counties with the most Highlands Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hamilton County 1771266 3.4%
Sumner County 79570 0.0%
Davidson County 75510 0.0%
Williamson County 57370 0.0%
Maury County 39300 0.0%
Rutherford County 31270 0.0%
Marshall County 31230 0.0%
Robertson County 18150 0.0%
Montgomery County 18111 5.6%
Wilson County 16120 0.0%

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: 674 applications in 2025, of which 487 were originated and 10 denied.

1.5% of all applications, or 1.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Highlands Residential Mortgage originated in Tennessee in 2025 was 6.63%, against a statewide median of 6.62%.

About this data. Figures are Highlands Residential 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