OCMBC · Tennessee · 2025

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

OCMBC took 362 mortgage applications in Tennessee in 2025, ranking #140 of 1,274 lenders active in the state. It originated 45.6% of them and denied 15.5% (21.5% of the applications it decided), against a statewide denial rate of 17.1%.

362Applicationsin TN
21.5%Decision denial ratestate 21.7%
7.06%Median ratestate 6.62%
$295,000Median loanstate $225,000
$54MVolume42 counties

OCMBC in Tennessee vs the state

15.5%Denial rate-1.67 pts vs state
21.5%Decision denial rate-0.22 pts vs state
45.6%Origination rate-12.50 pts vs state
7.06%Median rate+0.44 pts vs state
0.76Rate spread (pts)+0.53 pts vs state
$118kMedian applicant income
165Loans originated
56Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231908430.0%8.38%#201
202426213616.8%7.88%#164
202536216515.5%7.06%#140

What OCMBC lends in Tennessee

By loan purpose

Home purchase 205 57% · 15.6% denied
Refinance 57 16% · 12.3% denied
Cash-out refinance 100 28% · 17.0% denied

By loan type

Conventional 308 85% · 15.6% denied
FHA 48 13% · 12.5% denied
VA 6 2% · 33.3% denied

Why it denied Tennessee applicants

Incomplete application 17 30%
Credit history 10 18%
Debt-to-income ratio 9 16%
Collateral 8 14%
Other 6 11%
Employment history 3 5%
Unverifiable information 2 4%
Insufficient cash 1 2%

Where in Tennessee

Counties with the most OCMBC applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 844413 15.5%
Shelby County 62288 12.9%
Rutherford County 442010 22.7%
Knox County 1992 10.5%
Hamilton County 1982 10.5%
Williamson County 1843 16.7%
Montgomery County 1777 41.2%
Maury County 1150 0.0%
Sevier County 1131 9.1%
Wilson County 941 11.1%

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: 362 applications in 2025, of which 165 were originated and 56 denied.

15.5% of all applications, or 21.5% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans OCMBC originated in Tennessee in 2025 was 7.06%, against a statewide median of 6.62%.

About this data. Figures are OCMBC'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