Mortgage Investors Group · Tennessee · 2025

Mortgage Investors Group in Tennessee: approval rate, denial rate and rates (2025)

Mortgage Investors Group took 4,454 mortgage applications in Tennessee in 2025, ranking #10 of 1,274 lenders active in the state. It originated 70.7% of them and denied 3.5% (4.6% of the applications it decided), against a statewide denial rate of 17.1%.

4.5kApplicationsin TN
4.6%Decision denial ratestate 21.7%
6.50%Median ratestate 6.62%
$295,000Median loanstate $225,000
$1.0BVolume94 counties

Mortgage Investors Group in Tennessee vs the state

3.5%Denial rate-13.62 pts vs state
4.6%Decision denial rate-17.10 pts vs state
70.7%Origination rate+12.60 pts vs state
6.50%Median rate-0.12 pts vs state
0.28Rate spread (pts)+0.05 pts vs state
$99kMedian applicant income
3,148Loans originated
157Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,7444,1894.8%6.50%#6
20245,1923,7694.6%6.63%#8
20254,4543,1483.5%6.50%#10

What Mortgage Investors Group lends in Tennessee

By loan purpose

Home purchase 3,690 83% · 2.8% denied
Refinance 385 9% · 4.7% denied
Cash-out refinance 309 7% · 8.7% denied
Home improvement 36 1% · 11.1% denied
Other / HELOC 34 1% · 14.7% denied

By loan type

Conventional 2,677 60% · 2.5% denied
FHA 1,310 29% · 5.6% denied
VA 308 7% · 2.0% denied
USDA / RHS 159 4% · 6.9% denied

Why it denied Tennessee applicants

Debt-to-income ratio 82 52%
Collateral 33 21%
Insufficient cash 16 10%
Credit history 11 7%
Employment history 6 4%
Other 5 3%
Unverifiable information 3 2%
Incomplete application 1 1%

Where in Tennessee

Counties with the most Mortgage Investors Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Knox County 1,18782230 2.5%
Blount County 3422389 2.6%
Shelby County 2391874 1.7%
Anderson County 2351645 2.1%
Roane County 1801298 4.4%
Loudon County 1781215 2.8%
Hamilton County 1701222 1.2%
Sevier County 1419312 8.5%
Sullivan County 140965 3.6%
Davidson County 112693 2.7%

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%
Eastman Credit UnionD 4,43621.5%7.25%

Frequently asked questions

Tennessee: 4,454 applications in 2025, of which 3,148 were originated and 157 denied.

3.5% of all applications, or 4.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Mortgage Investors Group originated in Tennessee in 2025 was 6.50%, against a statewide median of 6.62%.

About this data. Figures are Mortgage Investors Group'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