M/i Financial in Tennessee vs the state
3.1%Denial rate-14.08 pts vs state
3.1%Decision denial rate-18.55 pts vs state
75.5%Origination rate+17.43 pts vs state
5.19%Median rate-1.44 pts vs state
-0.97Rate spread (pts)-1.20 pts vs state
$118kMedian applicant income
74Loans originated
3Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 64 | 41 | 3.1% | 5.88% | #357 |
| 2025 | 98 | 74 | 3.1% | 5.19% | #327 |
What M/i Financial lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most M/i Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wilson County | 29 | 20 | 0 | 0.0% |
| Rutherford County | 28 | 22 | 2 | 7.1% |
| Maury County | 25 | 21 | 0 | 0.0% |
| Davidson County | 13 | 8 | 1 | 7.7% |
| Sumner County | 3 | 3 | 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: 98 applications in 2025, of which 74 were originated and 3 denied.
3.1% of all applications, or 3.1% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans M/i Financial originated in Tennessee in 2025 was 5.19%, against a statewide median of 6.62%.
About this data. Figures are M/i Financial'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