Neighborhood Loans in Tennessee vs the state
73.7%Denial rate+56.59 pts vs state
91.6%Decision denial rate+69.90 pts vs state
2.5%Origination rate-55.54 pts vs state
6.25%Median rate-0.37 pts vs state
-0.06Rate spread (pts)-0.29 pts vs state
$118kMedian applicant income
3Loans originated
87Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 345 | 232 | 22.9% | 6.81% | #123 |
| 2024 | 347 | 266 | 15.6% | 6.88% | #130 |
| 2025 | 118 | 3 | 73.7% | 6.25% | #293 |
What Neighborhood Loans lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Neighborhood Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 59 | 0 | 43 | 72.9% |
| Davidson County | 8 | 0 | 7 | 87.5% |
| Robertson County | 7 | 0 | 7 | 100.0% |
| Rutherford County | 5 | 1 | 2 | 40.0% |
| Sumner County | 5 | 0 | 3 | 60.0% |
| Maury County | 4 | 1 | 3 | 75.0% |
| Hamilton County | 4 | 0 | 4 | 100.0% |
| Lincoln County | 4 | 0 | 4 | 100.0% |
| Montgomery County | 4 | 1 | 1 | 25.0% |
| Sevier County | 3 | 0 | 1 | 33.3% |
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: 118 applications in 2025, of which 3 were originated and 87 denied.
73.7% of all applications, or 91.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Neighborhood Loans originated in Tennessee in 2025 was 6.25%, against a statewide median of 6.62%.
About this data. Figures are Neighborhood Loans'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