New Peoples Bank · Tennessee · 2025

New Peoples Bank in Tennessee: approval rate, denial rate and rates (2025)

New Peoples Bank took 26 mortgage applications in Tennessee in 2025, ranking #502 of 1,274 lenders active in the state. It originated 73.1% of them and denied 3.9% (5.0% of the applications it decided), against a statewide denial rate of 17.1%.

26Applicationsin TN
5.0%Decision denial ratestate 21.7%
7.09%Median ratestate 6.62%
$300,000Median loanstate $225,000
$18MVolume5 counties

New Peoples Bank in Tennessee vs the state

3.9%Denial rate-13.29 pts vs state
5.0%Decision denial rate-16.68 pts vs state
73.1%Origination rate+15.00 pts vs state
7.09%Median rate+0.47 pts vs state
0.28Rate spread (pts)+0.05 pts vs state
$110kMedian applicant income
19Loans originated
1Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202341304.9%7.00%#418
202422159.1%7.99%#511
202526193.9%7.09%#502

What New Peoples Bank lends in Tennessee

By loan purpose

Home purchase 18 69% · 0.0% denied
Refinance 6 23% · 16.7% denied
Home improvement 2 8% · 0.0% denied

By loan type

Conventional 25 96% · 4.0% denied
FHA 1 4% · 0.0% denied

Why it denied Tennessee applicants

Incomplete application 1 100%

Where in Tennessee

Counties with the most New Peoples Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sullivan County 15100 0.0%
Washington County 761 14.3%
Hawkins County 220 0.0%
Greene County 100 0.0%
Carter 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: 26 applications in 2025, of which 19 were originated and 1 denied.

3.9% of all applications, or 5.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans New Peoples Bank originated in Tennessee in 2025 was 7.09%, against a statewide median of 6.62%.

About this data. Figures are New Peoples Bank'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