Network Capital Funding in Tennessee vs the state
21.1%Denial rate+3.91 pts vs state
57.1%Decision denial rate+35.46 pts vs state
15.8%Origination rate-42.29 pts vs state
6.13%Median rate-0.50 pts vs state
0.07Rate spread (pts)-0.17 pts vs state
$116kMedian applicant income
3Loans originated
4Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 137 | 9 | 26.3% | 6.13% | #246 |
| 2024 | 106 | 15 | 21.7% | 7.00% | #295 |
| 2025 | 19 | 3 | 21.1% | 6.13% | #543 |
What Network Capital Funding lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Network Capital Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Knox County | 5 | 1 | 0 | 0.0% |
| Shelby County | 3 | 0 | 1 | 33.3% |
| Hamilton County | 3 | 1 | 1 | 33.3% |
| Franklin County | 2 | 0 | 0 | 0.0% |
| Marion County | 1 | 0 | 1 | 100.0% |
| Meigs County | 1 | 0 | 0 | 0.0% |
| Monroe County | 1 | 1 | 0 | 0.0% |
| Roane County | 1 | 0 | 0 | 0.0% |
| Williamson County | 1 | 0 | 1 | 100.0% |
| Rhea County | 1 | 0 | 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: 19 applications in 2025, of which 3 were originated and 4 denied.
21.1% of all applications, or 57.1% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Network Capital Funding originated in Tennessee in 2025 was 6.13%, against a statewide median of 6.62%.
About this data. Figures are Network Capital Funding'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