Magnolia Bank in Tennessee vs the state
9.0%Denial rate-8.12 pts vs state
11.8%Decision denial rate-9.92 pts vs state
67.7%Origination rate+9.59 pts vs state
6.25%Median rate-0.37 pts vs state
0.12Rate spread (pts)-0.12 pts vs state
$96kMedian applicant income
90Loans originated
12Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 133 | 102 | 10.5% | 6.38% | #250 |
| 2024 | 191 | 144 | 8.4% | 6.43% | #210 |
| 2025 | 133 | 90 | 9.0% | 6.25% | #273 |
What Magnolia Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Magnolia Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 14 | 11 | 0 | 0.0% |
| Montgomery County | 8 | 6 | 1 | 12.5% |
| Hamilton County | 8 | 5 | 1 | 12.5% |
| Knox County | 6 | 3 | 1 | 16.7% |
| Wilson County | 6 | 6 | 0 | 0.0% |
| Davidson County | 5 | 4 | 0 | 0.0% |
| Shelby County | 5 | 3 | 1 | 20.0% |
| Hardin County | 5 | 5 | 0 | 0.0% |
| Sumner County | 5 | 3 | 1 | 20.0% |
| Lincoln County | 5 | 1 | 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: 133 applications in 2025, of which 90 were originated and 12 denied.
9.0% of all applications, or 11.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Magnolia Bank originated in Tennessee in 2025 was 6.25%, against a statewide median of 6.62%.
About this data. Figures are Magnolia 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