Homexpress Mortgage · Tennessee · 2025

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

Homexpress Mortgage took 353 mortgage applications in Tennessee in 2025, ranking #143 of 1,274 lenders active in the state. It originated 55.5% of them and denied 41.9% (42.4% of the applications it decided), against a statewide denial rate of 17.1%.

353Applicationsin TN
42.4%Decision denial ratestate 21.7%
7.50%Median ratestate 6.62%
$235,000Median loanstate $225,000
$74MVolume46 counties

Homexpress Mortgage in Tennessee vs the state

41.9%Denial rate+24.79 pts vs state
42.4%Decision denial rate+20.73 pts vs state
55.5%Origination rate-2.56 pts vs state
7.50%Median rate+0.88 pts vs state
1.18Rate spread (pts)+0.95 pts vs state
$156kMedian applicant income
196Loans originated
148Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231649540.9%8.63%#214
202432016147.5%8.00%#137
202535319641.9%7.50%#143

What Homexpress Mortgage lends in Tennessee

By loan purpose

Home purchase 82 23% · 32.9% denied
Refinance 65 18% · 49.2% denied
Cash-out refinance 206 58% · 43.2% denied

By loan type

Conventional 342 97% · 40.9% denied
FHA 11 3% · 72.7% denied

Why it denied Tennessee applicants

Credit history 98 66%
Collateral 32 22%
Insufficient cash 6 4%
Unverifiable information 6 4%
Incomplete application 3 2%
Debt-to-income ratio 2 1%
Employment history 1 1%

Where in Tennessee

Counties with the most Homexpress Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 763045 59.2%
Davidson County 754330 40.0%
Sevier County 21156 28.6%
Knox County 211010 47.6%
Hamilton County 17124 23.5%
Williamson County 17115 29.4%
Montgomery County 1486 42.9%
Rutherford County 1394 30.8%
Robertson County 12101 8.3%
Sullivan County 981 11.1%

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: 353 applications in 2025, of which 196 were originated and 148 denied.

41.9% of all applications, or 42.4% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Homexpress Mortgage originated in Tennessee in 2025 was 7.50%, against a statewide median of 6.62%.

About this data. Figures are Homexpress 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