Millennium Bank · Tennessee · 2025

Millennium Bank in Tennessee: approval rate, denial rate and rates (2025)

Millennium Bank took 53 mortgage applications in Tennessee in 2025, ranking #407 of 1,274 lenders active in the state. It originated 86.8% of them and denied 5.7% (5.8% of the applications it decided), against a statewide denial rate of 17.1%.

53Applicationsin TN
5.8%Decision denial ratestate 21.7%
Median ratestate 6.62%
$185,000Median loanstate $225,000
$13MVolume8 counties

Millennium Bank in Tennessee vs the state

5.7%Denial rate-11.48 pts vs state
5.8%Decision denial rate-15.91 pts vs state
86.8%Origination rate+28.71 pts vs state
Median rate
Rate spread (pts)
$185kMedian applicant income
46Loans originated
3Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202369508.7%#339
202452455.8%#389
202553465.7%#407

What Millennium Bank lends in Tennessee

By loan purpose

Home purchase 17 32% · 5.9% denied
Refinance 29 55% · 3.5% denied
Home improvement 6 11% · 16.7% denied
Other / HELOC 1 2% · 0.0% denied

By loan type

Conventional 53 100% · 5.7% denied

Where in Tennessee

Counties with the most Millennium Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hamilton County 36331 2.8%
Bradley County 1090 0.0%
McMinn County 201 50.0%
Meigs County 101 100.0%
Knox County 110 0.0%
Monroe County 110 0.0%
Sevier County 110 0.0%
Rhea County 110 0.0%

Other large lenders in Tennessee

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,50317.3%6.50%
United Shore Financial ServicesB 12,45810.9%6.12%
Regions BankC 11,24736.5%4.99%
Vanderbilt Mortgage and FinanceF 9,64935.8%8.75%
Mortgage Research CenterC 6,56817.3%6.25%
FirstBankC 5,67714.5%6.88%
CMG MortgageA 5,6432.9%6.50%
Freedom MortgageB 5,4938.0%6.25%
Pennymac Loan ServicesC 5,33111.2%6.00%
Mortgage Investors GroupB 4,4543.5%6.50%

Frequently asked questions

Tennessee: 53 applications in 2025, of which 46 were originated and 3 denied.

5.7% of all applications, or 5.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Millennium 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