OceanFirst Bank · Tennessee · 2025

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

OceanFirst Bank took 11 mortgage applications in Tennessee in 2025, ranking #623 of 1,274 lenders active in the state. It originated 81.8% of them and denied 9.1% (9.1% of the applications it decided), against a statewide denial rate of 17.1%.

11Applicationsin TN
9.1%Decision denial ratestate 21.7%
6.38%Median ratestate 6.62%
$165,000Median loanstate $225,000
$2.4MVolume8 counties

OceanFirst Bank in Tennessee vs the state

9.1%Denial rate-8.05 pts vs state
9.1%Decision denial rate-12.59 pts vs state
81.8%Origination rate+23.74 pts vs state
6.38%Median rate-0.25 pts vs state
-0.13Rate spread (pts)-0.36 pts vs state
$174kMedian applicant income
9Loans originated
1Denied

What OceanFirst Bank lends in Tennessee

By loan purpose

Home purchase 10 91% · 10.0% denied
Other / HELOC 1 9% · 0.0% denied

By loan type

Conventional 11 100% · 9.1% denied

Why it denied Tennessee applicants

Collateral 1 100%

Where in Tennessee

Counties with the most OceanFirst Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Knox County 320 0.0%
Davidson County 211 50.0%
Montgomery County 110 0.0%
Williamson County 110 0.0%
Greene County 110 0.0%
Rutherford County 110 0.0%
Roane County 110 0.0%
Jackson 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: 11 applications in 2025, of which 9 were originated and 1 denied.

9.1% of all applications, or 9.1% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans OceanFirst Bank originated in Tennessee in 2025 was 6.38%, against a statewide median of 6.62%.

About this data. Figures are OceanFirst 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