Mortgage Right in Tennessee vs the state
3.4%Denial rate-13.74 pts vs state
5.3%Decision denial rate-16.34 pts vs state
60.2%Origination rate+2.11 pts vs state
6.25%Median rate-0.37 pts vs state
0.30Rate spread (pts)+0.07 pts vs state
$87kMedian applicant income
124Loans originated
7Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 227 | 136 | 2.6% | 6.63% | #173 |
| 2024 | 197 | 129 | 3.6% | 6.50% | #205 |
| 2025 | 206 | 124 | 3.4% | 6.25% | #209 |
What Mortgage Right lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Mortgage Right applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hamilton County | 52 | 30 | 1 | 1.9% |
| Bradley County | 42 | 25 | 1 | 2.4% |
| Knox County | 13 | 9 | 0 | 0.0% |
| Sequatchie County | 11 | 7 | 0 | 0.0% |
| Rhea County | 8 | 5 | 1 | 12.5% |
| McMinn County | 8 | 4 | 1 | 12.5% |
| Marion County | 7 | 3 | 0 | 0.0% |
| Davidson County | 7 | 4 | 0 | 0.0% |
| Loudon County | 4 | 3 | 1 | 25.0% |
| Polk County | 4 | 3 | 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: 206 applications in 2025, of which 124 were originated and 7 denied.
3.4% of all applications, or 5.3% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Mortgage Right originated in Tennessee in 2025 was 6.25%, against a statewide median of 6.62%.
About this data. Figures are Mortgage Right'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