Northwest Federal Credit Union in Tennessee vs the state
29.6%Denial rate+12.49 pts vs state
34.8%Decision denial rate+13.10 pts vs state
51.9%Origination rate-6.23 pts vs state
7.00%Median rate+0.38 pts vs state
0.51Rate spread (pts)+0.28 pts vs state
$93kMedian applicant income
14Loans originated
8Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 30 | 15 | 36.7% | 6.88% | #461 |
| 2024 | 37 | 15 | 29.7% | 7.63% | #429 |
| 2025 | 27 | 14 | 29.6% | 7.00% | #499 |
What Northwest Federal Credit Union lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Northwest Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Rutherford County | 3 | 2 | 0 | 0.0% |
| Shelby County | 3 | 2 | 0 | 0.0% |
| Grainger County | 3 | 2 | 0 | 0.0% |
| Jefferson County | 3 | 2 | 0 | 0.0% |
| Cumberland County | 2 | 1 | 1 | 50.0% |
| Williamson County | 2 | 2 | 0 | 0.0% |
| Davidson County | 2 | 0 | 2 | 100.0% |
| Roane County | 2 | 1 | 1 | 50.0% |
| Fentress County | 1 | 0 | 1 | 100.0% |
| Wilson County | 1 | 0 | 1 | 100.0% |
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: 27 applications in 2025, of which 14 were originated and 8 denied.
29.6% of all applications, or 34.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Northwest Federal Credit Union originated in Tennessee in 2025 was 7.00%, against a statewide median of 6.62%.
About this data. Figures are Northwest Federal Credit Union'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