Ixonia Bank · Tennessee · 2025

Ixonia Bank in Tennessee: approval rate, denial rate and rates (2025)

Ixonia Bank took 517 mortgage applications in Tennessee in 2025, ranking #113 of 1,274 lenders active in the state. It originated 64.4% of them and denied 5.6% (8.0% of the applications it decided), against a statewide denial rate of 17.1%.

517Applicationsin TN
8.0%Decision denial ratestate 21.7%
6.63%Median ratestate 6.62%
$315,000Median loanstate $225,000
$112MVolume44 counties

Ixonia Bank in Tennessee vs the state

5.6%Denial rate-11.53 pts vs state
8.0%Decision denial rate-13.69 pts vs state
64.4%Origination rate+6.33 pts vs state
6.63%Median rate0.00 pts vs state
0.48Rate spread (pts)+0.25 pts vs state
$94kMedian applicant income
333Loans originated
29Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202382492.4%6.75%#320
20245693357.2%6.88%#94
20255173335.6%6.63%#113

What Ixonia Bank lends in Tennessee

By loan purpose

Home purchase 412 80% · 5.6% denied
Refinance 44 9% · 2.3% denied
Cash-out refinance 37 7% · 8.1% denied
Home improvement 4 1% · 0.0% denied
Other / HELOC 20 4% · 10.0% denied

By loan type

Conventional 326 63% · 4.3% denied
FHA 149 29% · 9.4% denied
VA 31 6% · 3.2% denied
USDA / RHS 11 2% · 0.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 13 45%
Credit history 8 28%
Unverifiable information 3 10%
Collateral 3 10%
Other 1 3%
Insufficient cash 1 3%

Where in Tennessee

Counties with the most Ixonia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Rutherford County 117776 5.1%
Davidson County 108659 8.3%
Sumner County 44300 0.0%
Wilson County 41202 4.9%
Montgomery County 22122 9.1%
Williamson County 18170 0.0%
Robertson County 16132 12.5%
Rhea County 13110 0.0%
Macon County 1370 0.0%
Hamilton County 1260 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: 517 applications in 2025, of which 333 were originated and 29 denied.

5.6% of all applications, or 8.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Ixonia Bank originated in Tennessee in 2025 was 6.63%, against a statewide median of 6.62%.

About this data. Figures are Ixonia Bank'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