Nationwide Mortgage Bankers · Tennessee · 2025

Nationwide Mortgage Bankers in Tennessee: approval rate, denial rate and rates (2025)

Nationwide Mortgage Bankers took 28 mortgage applications in Tennessee in 2025, ranking #496 of 1,274 lenders active in the state. It originated 53.6% of them and denied 7.1% (10.0% of the applications it decided), against a statewide denial rate of 17.1%.

28Applicationsin TN
10.0%Decision denial ratestate 21.7%
6.75%Median ratestate 6.62%
$265,000Median loanstate $225,000
$5.2MVolume17 counties

Nationwide Mortgage Bankers in Tennessee vs the state

7.1%Denial rate-10.00 pts vs state
10.0%Decision denial rate-11.68 pts vs state
53.6%Origination rate-4.51 pts vs state
6.75%Median rate+0.13 pts vs state
0.49Rate spread (pts)+0.26 pts vs state
$82kMedian applicant income
15Loans originated
2Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202343202.3%6.75%#409
2024341214.7%6.94%#446
202528157.1%6.75%#496

What Nationwide Mortgage Bankers lends in Tennessee

By loan purpose

Home purchase 14 50% · 14.3% denied
Refinance 13 46% · 0.0% denied
Cash-out refinance 1 4% · 0.0% denied

By loan type

Conventional 17 61% · 11.8% denied
FHA 8 29% · 0.0% denied
VA 3 11% · 0.0% denied

Why it denied Tennessee applicants

Collateral 1 50%
Other 1 50%

Where in Tennessee

Counties with the most Nationwide Mortgage Bankers applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Knox County 740 0.0%
Sevier County 541 20.0%
Fayette County 210 0.0%
Putnam County 110 0.0%
Carter County 100 0.0%
McMinn County 100 0.0%
Shelby County 100 0.0%
Hamilton County 100 0.0%
Hamblen County 101 100.0%
Bradley 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: 28 applications in 2025, of which 15 were originated and 2 denied.

7.1% of all applications, or 10.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Nationwide Mortgage Bankers originated in Tennessee in 2025 was 6.75%, against a statewide median of 6.62%.

About this data. Figures are Nationwide Mortgage Bankers'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