Iserve Residential Lending · Tennessee · 2025

Iserve Residential Lending in Tennessee: approval rate, denial rate and rates (2025)

Iserve Residential Lending took 351 mortgage applications in Tennessee in 2025, ranking #146 of 1,274 lenders active in the state. It originated 73.5% of them and denied 4.8% (5.7% of the applications it decided), against a statewide denial rate of 17.1%.

351Applicationsin TN
5.7%Decision denial ratestate 21.7%
6.50%Median ratestate 6.62%
$305,000Median loanstate $225,000
$85MVolume50 counties

Iserve Residential Lending in Tennessee vs the state

4.8%Denial rate-12.30 pts vs state
5.7%Decision denial rate-15.99 pts vs state
73.5%Origination rate+15.42 pts vs state
6.50%Median rate-0.12 pts vs state
0.52Rate spread (pts)+0.29 pts vs state
$94kMedian applicant income
258Loans originated
17Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233122236.7%6.63%#135
20243182363.5%6.63%#139
20253512584.8%6.50%#146

What Iserve Residential Lending lends in Tennessee

By loan purpose

Home purchase 210 60% · 6.2% denied
Refinance 27 8% · 0.0% denied
Cash-out refinance 114 32% · 3.5% denied

By loan type

Conventional 124 35% · 4.8% denied
FHA 165 47% · 3.0% denied
VA 34 10% · 5.9% denied
USDA / RHS 28 8% · 14.3% denied

Why it denied Tennessee applicants

Debt-to-income ratio 6 35%
Collateral 3 18%
Unverifiable information 2 12%
Other 2 12%
Insufficient cash 2 12%
Employment history 1 6%
Credit history 1 6%

Where in Tennessee

Counties with the most Iserve Residential Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Rutherford County 55412 3.6%
Davidson County 26130 0.0%
Sumner County 21131 4.8%
Robertson County 1492 14.3%
Knox County 1480 0.0%
Warren County 12102 16.7%
Wilson County 1270 0.0%
Bedford County 12100 0.0%
Williamson County 1290 0.0%
Coffee County 1272 16.7%

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: 351 applications in 2025, of which 258 were originated and 17 denied.

4.8% of all applications, or 5.7% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Iserve Residential Lending originated in Tennessee in 2025 was 6.50%, against a statewide median of 6.62%.

About this data. Figures are Iserve Residential Lending'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