Loandepot.Com · Tennessee · 2025

Loandepot.Com in Tennessee: approval rate, denial rate and rates (2025)

Loandepot.Com took 3,056 mortgage applications in Tennessee in 2025, ranking #26 of 1,274 lenders active in the state. It originated 62.7% of them and denied 21.4% (25.0% of the applications it decided), against a statewide denial rate of 17.1%.

3.1kApplicationsin TN
25.0%Decision denial ratestate 21.7%
5.99%Median ratestate 6.62%
$285,000Median loanstate $225,000
$620MVolume93 counties

Loandepot.Com in Tennessee vs the state

21.4%Denial rate+4.23 pts vs state
25.0%Decision denial rate+3.28 pts vs state
62.7%Origination rate+4.58 pts vs state
5.99%Median rate-0.63 pts vs state
0.02Rate spread (pts)-0.21 pts vs state
$86kMedian applicant income
1,915Loans originated
653Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,5001,48322.9%6.50%#24
20242,6531,61423.4%6.25%#27
20253,0561,91521.4%5.99%#26

What Loandepot.Com lends in Tennessee

By loan purpose

Home purchase 1,378 45% · 12.6% denied
Refinance 244 8% · 19.3% denied
Cash-out refinance 1,179 39% · 27.2% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 254 8% · 44.1% denied

By loan type

Conventional 1,485 49% · 16.0% denied
FHA 1,125 37% · 31.1% denied
VA 440 14% · 14.6% denied
USDA / RHS 6 0% · 33.3% denied

Why it denied Tennessee applicants

Collateral 175 27%
Debt-to-income ratio 135 21%
Unverifiable information 127 19%
Incomplete application 98 15%
Credit history 76 12%
Other 22 3%
Insufficient cash 19 3%
Employment history 1 0%

Where in Tennessee

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 40925286 21.0%
Rutherford County 31421861 19.4%
Shelby County 21412461 28.5%
Hamilton County 17912729 16.2%
Montgomery County 16712026 15.6%
Wilson County 16511325 15.2%
Williamson County 1529425 16.4%
Sumner County 14611715 10.3%
Knox County 1035627 26.2%
Dickson County 875816 18.4%

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: 3,056 applications in 2025, of which 1,915 were originated and 653 denied.

21.4% of all applications, or 25.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Loandepot.Com originated in Tennessee in 2025 was 5.99%, against a statewide median of 6.62%.

About this data. Figures are Loandepot.Com'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