Luminate Bank in Tennessee vs the state
2.0%Denial rate-15.19 pts vs state
2.9%Decision denial rate-18.74 pts vs state
63.6%Origination rate+5.56 pts vs state
6.63%Median rate0.00 pts vs state
0.56Rate spread (pts)+0.33 pts vs state
$88kMedian applicant income
98Loans originated
3Denied
What Luminate Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Luminate Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 46 | 31 | 1 | 2.2% |
| Madison County | 17 | 6 | 0 | 0.0% |
| Davidson County | 12 | 9 | 0 | 0.0% |
| Gibson County | 10 | 10 | 0 | 0.0% |
| Fayette County | 9 | 1 | 1 | 11.1% |
| Sevier County | 6 | 4 | 0 | 0.0% |
| Hamilton County | 6 | 4 | 0 | 0.0% |
| Williamson County | 6 | 5 | 0 | 0.0% |
| Wilson County | 5 | 3 | 0 | 0.0% |
| Sullivan County | 5 | 2 | 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: 154 applications in 2025, of which 98 were originated and 3 denied.
2.0% of all applications, or 2.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Luminate Bank originated in Tennessee in 2025 was 6.63%, against a statewide median of 6.62%.
About this data. Figures are Luminate 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