Liberty · Tennessee · 2025

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

Liberty took 899 mortgage applications in Tennessee in 2025, ranking #73 of 1,274 lenders active in the state. It originated 76.4% of them and denied 5.7% (6.9% of the applications it decided), against a statewide denial rate of 17.1%.

899Applicationsin TN
6.9%Decision denial ratestate 21.7%
6.88%Median ratestate 6.62%
$315,000Median loanstate $225,000
$302MVolume69 counties

Liberty in Tennessee vs the state

5.7%Denial rate-11.47 pts vs state
6.9%Decision denial rate-14.83 pts vs state
76.4%Origination rate+18.34 pts vs state
6.88%Median rate+0.25 pts vs state
0.28Rate spread (pts)+0.05 pts vs state
$155kMedian applicant income
687Loans originated
51Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236554639.0%7.50%#87
20247075296.2%7.50%#81
20258996875.7%6.88%#73

What Liberty lends in Tennessee

By loan purpose

Home purchase 475 53% · 3.8% denied
Refinance 47 5% · 6.4% denied
Cash-out refinance 306 34% · 8.2% denied
Home improvement 71 8% · 7.0% denied

By loan type

Conventional 855 95% · 5.5% denied
FHA 25 3% · 12.0% denied
VA 16 2% · 6.3% denied
USDA / RHS 3 0% · 0.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 19 37%
Collateral 17 33%
Credit history 9 18%
Other 4 8%
Unverifiable information 2 4%

Where in Tennessee

Counties with the most Liberty applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Williamson County 20515517 8.3%
Rutherford County 1339111 8.3%
Davidson County 131969 6.9%
Maury County 59483 5.1%
Sumner County 33261 3.0%
Wilson County 33220 0.0%
Hamilton County 17150 0.0%
Sevier County 15141 6.7%
Knox County 1390 0.0%
Montgomery County 12100 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: 899 applications in 2025, of which 687 were originated and 51 denied.

5.7% of all applications, or 6.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Liberty originated in Tennessee in 2025 was 6.88%, against a statewide median of 6.62%.

About this data. Figures are Liberty'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