NVR Mortgage Finance · Tennessee · 2025

NVR Mortgage Finance in Tennessee: approval rate, denial rate and rates (2025)

NVR Mortgage Finance took 1,042 mortgage applications in Tennessee in 2025, ranking #62 of 1,274 lenders active in the state. It originated 78.4% of them and denied 15.6% (16.6% of the applications it decided), against a statewide denial rate of 17.1%.

1.0kApplicationsin TN
16.6%Decision denial ratestate 21.7%
5.99%Median ratestate 6.62%
$335,000Median loanstate $225,000
$275MVolume8 counties

NVR Mortgage Finance in Tennessee vs the state

15.6%Denial rate-1.50 pts vs state
16.6%Decision denial rate-5.05 pts vs state
78.4%Origination rate+20.33 pts vs state
5.99%Median rate-0.63 pts vs state
-0.20Rate spread (pts)-0.43 pts vs state
$96kMedian applicant income
817Loans originated
163Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,02280115.1%5.75%#61
20241,16294412.5%6.13%#54
20251,04281715.6%5.99%#62

What NVR Mortgage Finance lends in Tennessee

By loan purpose

Home purchase 1,042 100% · 15.6% denied

By loan type

Conventional 393 38% · 10.2% denied
FHA 511 49% · 19.4% denied
VA 119 11% · 17.7% denied
USDA / RHS 19 2% · 15.8% denied

Why it denied Tennessee applicants

Debt-to-income ratio 87 53%
Credit history 32 20%
Unverifiable information 25 15%
Employment history 10 6%
Insufficient cash 6 4%
Other 3 2%

Where in Tennessee

Counties with the most NVR Mortgage Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 25218747 18.7%
Rutherford County 24319234 14.0%
Sumner County 17612938 21.6%
Robertson County 1169515 12.9%
Maury County 81771 1.2%
Wilson County 816016 19.8%
Montgomery County 655212 18.5%
Williamson County 28250 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: 1,042 applications in 2025, of which 817 were originated and 163 denied.

15.6% of all applications, or 16.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans NVR Mortgage Finance originated in Tennessee in 2025 was 5.99%, against a statewide median of 6.62%.

About this data. Figures are NVR Mortgage Finance'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