Lendage in Tennessee vs the state
11.1%Denial rate-6.07 pts vs state
12.1%Decision denial rate-9.58 pts vs state
72.9%Origination rate+14.84 pts vs state
11.25%Median rate+4.63 pts vs state
5.21Rate spread (pts)+4.98 pts vs state
$102kMedian applicant income
369Loans originated
56Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 321 | 225 | 11.2% | 12.25% | #129 |
| 2024 | 415 | 311 | 11.6% | 12.50% | #118 |
| 2025 | 506 | 369 | 11.1% | 11.25% | #114 |
What Lendage lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Lendage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 47 | 32 | 5 | 10.6% |
| Knox County | 46 | 33 | 4 | 8.7% |
| Davidson County | 44 | 25 | 7 | 15.9% |
| Rutherford County | 33 | 24 | 5 | 15.2% |
| Hamilton County | 28 | 24 | 2 | 7.1% |
| Williamson County | 28 | 24 | 2 | 7.1% |
| Montgomery County | 22 | 15 | 1 | 4.5% |
| Sumner County | 21 | 14 | 4 | 19.0% |
| Wilson County | 17 | 11 | 1 | 5.9% |
| Bradley County | 16 | 10 | 4 | 25.0% |
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: 506 applications in 2025, of which 369 were originated and 56 denied.
11.1% of all applications, or 12.1% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Lendage originated in Tennessee in 2025 was 11.25%, against a statewide median of 6.62%.
About this data. Figures are Lendage'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