Manufacturers and Traders Trust in Tennessee vs the state
17.7%Denial rate+0.51 pts vs state
30.9%Decision denial rate+9.20 pts vs state
39.5%Origination rate-18.58 pts vs state
6.25%Median rate-0.37 pts vs state
0.42Rate spread (pts)+0.19 pts vs state
$91kMedian applicant income
47Loans originated
21Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 98 | 47 | 20.4% | 6.63% | #296 |
| 2024 | 71 | 47 | 12.7% | 6.13% | #345 |
| 2025 | 119 | 47 | 17.7% | 6.25% | #292 |
What Manufacturers and Traders Trust lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Manufacturers and Traders Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 18 | 5 | 4 | 22.2% |
| Davidson County | 14 | 4 | 2 | 14.3% |
| Montgomery County | 10 | 4 | 1 | 10.0% |
| Knox County | 5 | 3 | 0 | 0.0% |
| Rutherford County | 5 | 2 | 1 | 20.0% |
| Sullivan County | 4 | 2 | 0 | 0.0% |
| Sumner County | 4 | 2 | 0 | 0.0% |
| Hamilton County | 4 | 2 | 1 | 25.0% |
| Madison County | 3 | 0 | 2 | 66.7% |
| Washington County | 3 | 1 | 1 | 33.3% |
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: 119 applications in 2025, of which 47 were originated and 21 denied.
17.7% of all applications, or 30.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Manufacturers and Traders Trust originated in Tennessee in 2025 was 6.25%, against a statewide median of 6.62%.
About this data. Figures are Manufacturers and Traders Trust'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