Milend in Tennessee vs the state
12.3%Denial rate-4.81 pts vs state
28.3%Decision denial rate+6.59 pts vs state
28.3%Origination rate-29.77 pts vs state
6.25%Median rate-0.37 pts vs state
0.38Rate spread (pts)+0.15 pts vs state
$74kMedian applicant income
124Loans originated
54Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 385 | 118 | 9.6% | 6.63% | #114 |
| 2024 | 338 | 107 | 10.1% | 6.50% | #131 |
| 2025 | 438 | 124 | 12.3% | 6.25% | #124 |
What Milend lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Milend applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 37 | 6 | 7 | 18.9% |
| Knox County | 22 | 5 | 5 | 22.7% |
| Davidson County | 19 | 4 | 1 | 5.3% |
| Montgomery County | 18 | 6 | 2 | 11.1% |
| Hamilton County | 17 | 6 | 2 | 11.8% |
| Sumner County | 15 | 6 | 0 | 0.0% |
| Rutherford County | 15 | 4 | 3 | 20.0% |
| Blount County | 12 | 2 | 1 | 8.3% |
| Robertson County | 11 | 5 | 1 | 9.1% |
| Sevier County | 9 | 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: 438 applications in 2025, of which 124 were originated and 54 denied.
12.3% of all applications, or 28.3% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Milend originated in Tennessee in 2025 was 6.25%, against a statewide median of 6.62%.
About this data. Figures are Milend'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