Nations Lending in Tennessee vs the state
11.0%Denial rate-6.18 pts vs state
11.7%Decision denial rate-9.97 pts vs state
76.3%Origination rate+18.18 pts vs state
6.38%Median rate-0.25 pts vs state
0.39Rate spread (pts)+0.16 pts vs state
$68kMedian applicant income
167Loans originated
24Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 235 | 161 | 9.4% | 6.75% | #166 |
| 2024 | 213 | 163 | 8.5% | 6.50% | #194 |
| 2025 | 219 | 167 | 11.0% | 6.38% | #204 |
What Nations Lending lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Nations Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 57 | 50 | 3 | 5.3% |
| Davidson County | 16 | 12 | 3 | 18.8% |
| Montgomery County | 11 | 10 | 0 | 0.0% |
| Carroll County | 10 | 8 | 0 | 0.0% |
| Knox County | 8 | 5 | 2 | 25.0% |
| Monroe County | 6 | 3 | 2 | 33.3% |
| Anderson County | 6 | 4 | 1 | 16.7% |
| Washington County | 6 | 4 | 1 | 16.7% |
| Grundy County | 5 | 2 | 1 | 20.0% |
| Sullivan County | 5 | 4 | 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: 219 applications in 2025, of which 167 were originated and 24 denied.
11.0% of all applications, or 11.7% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Nations Lending originated in Tennessee in 2025 was 6.38%, against a statewide median of 6.62%.
About this data. Figures are Nations Lending'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