Hope Federal Credit Union in Tennessee vs the state
35.9%Denial rate+18.71 pts vs state
37.3%Decision denial rate+15.57 pts vs state
60.4%Origination rate+2.30 pts vs state
6.75%Median rate+0.13 pts vs state
0.38Rate spread (pts)+0.15 pts vs state
$70kMedian applicant income
64Loans originated
38Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 18 | 6 | 66.7% | 6.88% | #528 |
| 2024 | 47 | 23 | 51.1% | 7.19% | #397 |
| 2025 | 106 | 64 | 35.9% | 6.75% | #315 |
What Hope Federal Credit Union lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Hope Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 70 | 41 | 26 | 37.1% |
| Davidson County | 10 | 7 | 3 | 30.0% |
| Rutherford County | 6 | 4 | 2 | 33.3% |
| Haywood County | 3 | 1 | 1 | 33.3% |
| Hamilton County | 3 | 2 | 1 | 33.3% |
| Sumner County | 3 | 1 | 2 | 66.7% |
| Madison County | 2 | 1 | 1 | 50.0% |
| Maury County | 2 | 2 | 0 | 0.0% |
| Tipton County | 2 | 1 | 1 | 50.0% |
| Williamson County | 2 | 1 | 1 | 50.0% |
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: 106 applications in 2025, of which 64 were originated and 38 denied.
35.9% of all applications, or 37.3% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Hope Federal Credit Union originated in Tennessee in 2025 was 6.75%, against a statewide median of 6.62%.
About this data. Figures are Hope 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