Legends Bank in Tennessee vs the state
2.2%Denial rate-14.92 pts vs state
2.6%Decision denial rate-19.05 pts vs state
80.7%Origination rate+22.63 pts vs state
6.38%Median rate-0.25 pts vs state
0.02Rate spread (pts)-0.21 pts vs state
$108kMedian applicant income
364Loans originated
10Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 297 | 243 | 4.0% | 6.75% | #138 |
| 2024 | 487 | 403 | 2.5% | 6.63% | #105 |
| 2025 | 451 | 364 | 2.2% | 6.38% | #123 |
What Legends Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Legends Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 179 | 155 | 1 | 0.6% |
| Davidson County | 50 | 43 | 1 | 2.0% |
| Hamilton County | 26 | 21 | 0 | 0.0% |
| Robertson County | 14 | 9 | 0 | 0.0% |
| Sumner County | 12 | 8 | 1 | 8.3% |
| Madison County | 12 | 10 | 1 | 8.3% |
| Rutherford County | 12 | 9 | 0 | 0.0% |
| Chester County | 11 | 5 | 0 | 0.0% |
| Henderson County | 11 | 7 | 1 | 9.1% |
| Williamson County | 11 | 8 | 0 | 0.0% |
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: 451 applications in 2025, of which 364 were originated and 10 denied.
2.2% of all applications, or 2.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Legends Bank originated in Tennessee in 2025 was 6.38%, against a statewide median of 6.62%.
About this data. Figures are Legends 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