Lennar Mortgage · Tennessee · 2025

Lennar Mortgage in Tennessee: approval rate, denial rate and rates (2025)

Lennar Mortgage took 870 mortgage applications in Tennessee in 2025, ranking #75 of 1,274 lenders active in the state. It originated 73.7% of them and denied 10.1% (12.0% of the applications it decided), against a statewide denial rate of 17.1%.

870Applicationsin TN
12.0%Decision denial ratestate 21.7%
4.88%Median ratestate 6.62%
$385,000Median loanstate $225,000
$251MVolume12 counties

Lennar Mortgage in Tennessee vs the state

10.1%Denial rate-7.03 pts vs state
12.0%Decision denial rate-9.64 pts vs state
73.7%Origination rate+15.60 pts vs state
4.88%Median rate-1.75 pts vs state
-0.93Rate spread (pts)-1.16 pts vs state
$120kMedian applicant income
641Loans originated
88Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237175604.0%5.63%#84
20248236189.1%4.99%#72
202587064110.1%4.88%#75

What Lennar Mortgage lends in Tennessee

By loan purpose

Home purchase 868 100% · 10.1% denied
Refinance 1 0% · 0.0% denied
Cash-out refinance 1 0% · 0.0% denied

By loan type

Conventional 491 56% · 6.9% denied
FHA 215 25% · 17.2% denied
VA 154 18% · 9.1% denied
USDA / RHS 10 1% · 30.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 45 51%
Credit history 20 23%
Unverifiable information 9 10%
Employment history 9 10%
Insufficient cash 3 3%
Incomplete application 1 1%
Other 1 1%

Where in Tennessee

Counties with the most Lennar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 22216719 8.6%
Maury County 17013115 8.8%
Rutherford County 16811328 16.7%
Sumner County 1127910 8.9%
Wilson County 92747 7.6%
Hamilton County 31254 12.9%
Robertson County 28171 3.6%
Bradley County 20162 10.0%
Marshall County 20151 5.0%
Williamson County 531 20.0%

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: 870 applications in 2025, of which 641 were originated and 88 denied.

10.1% of all applications, or 12.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Lennar Mortgage originated in Tennessee in 2025 was 4.88%, against a statewide median of 6.62%.

About this data. Figures are Lennar Mortgage'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