Investor Mortgage Finance · Tennessee · 2025

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

Investor Mortgage Finance took 150 mortgage applications in Tennessee in 2025, ranking #259 of 1,274 lenders active in the state. It originated 52.0% of them and denied 20.0% (27.8% of the applications it decided), against a statewide denial rate of 17.1%.

150Applicationsin TN
27.8%Decision denial ratestate 21.7%
7.19%Median ratestate 6.62%
$290,000Median loanstate $225,000
$32MVolume0 counties

Investor Mortgage Finance in Tennessee vs the state

20.0%Denial rate+2.86 pts vs state
27.8%Decision denial rate+6.10 pts vs state
52.0%Origination rate-6.08 pts vs state
7.19%Median rate+0.56 pts vs state
Rate spread (pts)
Median applicant income
78Loans originated
30Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202417811113.5%7.53%#224
20251507820.0%7.19%#259

What Investor Mortgage Finance lends in Tennessee

By loan purpose

Home purchase 35 23% · 14.3% denied
Refinance 20 13% · 20.0% denied
Cash-out refinance 95 63% · 22.1% denied

By loan type

Conventional 150 100% · 20.0% denied

Why it denied Tennessee applicants

Collateral 17 57%
Credit history 7 23%
Unverifiable information 4 13%
Incomplete application 2 7%

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: 150 applications in 2025, of which 78 were originated and 30 denied.

20.0% of all applications, or 27.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Investor Mortgage Finance originated in Tennessee in 2025 was 7.19%, against a statewide median of 6.62%.

About this data. Figures are Investor Mortgage Finance'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