JPMorgan Chase Bank · Tennessee · 2025

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

JPMorgan Chase Bank took 1,951 mortgage applications in Tennessee in 2025, ranking #38 of 1,274 lenders active in the state. It originated 62.7% of them and denied 8.9% (12.2% of the applications it decided), against a statewide denial rate of 17.1%.

2.0kApplicationsin TN
12.2%Decision denial ratestate 21.7%
6.38%Median ratestate 6.62%
$315,000Median loanstate $225,000
$649MVolume88 counties

JPMorgan Chase Bank in Tennessee vs the state

8.9%Denial rate-8.22 pts vs state
12.2%Decision denial rate-9.50 pts vs state
62.7%Origination rate+4.66 pts vs state
6.38%Median rate-0.25 pts vs state
-0.03Rate spread (pts)-0.26 pts vs state
$129kMedian applicant income
1,224Loans originated
174Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,1477798.3%6.63%#57
20241,6351,1077.0%6.50%#42
20251,9511,2248.9%6.38%#38

What JPMorgan Chase Bank lends in Tennessee

By loan purpose

Home purchase 1,240 64% · 7.6% denied
Refinance 247 13% · 10.1% denied
Cash-out refinance 278 14% · 9.4% denied
Home improvement 72 4% · 16.7% denied
Other / HELOC 114 6% · 14.9% denied

By loan type

Conventional 1,870 96% · 8.5% denied
FHA 47 2% · 25.5% denied
VA 34 2% · 8.8% denied

Why it denied Tennessee applicants

Debt-to-income ratio 61 35%
Collateral 51 29%
Other 31 18%
Credit history 14 8%
Insufficient cash 6 3%
Employment history 6 3%
Unverifiable information 4 2%
Mortgage insurance denied 1 1%

Where in Tennessee

Counties with the most JPMorgan Chase Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 39826331 7.8%
Williamson County 24115321 8.7%
Shelby County 18110522 12.2%
Knox County 134848 6.0%
Hamilton County 129878 6.2%
Rutherford County 975410 10.3%
Sumner County 87545 5.7%
Wilson County 63403 4.8%
Montgomery County 49323 6.1%
Sevier County 48336 12.5%

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: 1,951 applications in 2025, of which 1,224 were originated and 174 denied.

8.9% of all applications, or 12.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans JPMorgan Chase Bank originated in Tennessee in 2025 was 6.38%, against a statewide median of 6.62%.

About this data. Figures are JPMorgan Chase 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