Old Hickory Credit Union · Tennessee · 2025

Old Hickory Credit Union in Tennessee: approval rate, denial rate and rates (2025)

Old Hickory Credit Union took 248 mortgage applications in Tennessee in 2025, ranking #183 of 1,274 lenders active in the state. It originated 61.7% of them and denied 24.2% (28.2% of the applications it decided), against a statewide denial rate of 17.1%.

248Applicationsin TN
28.2%Decision denial ratestate 21.7%
7.50%Median ratestate 6.62%
$105,000Median loanstate $225,000
$20MVolume0 counties

Old Hickory Credit Union in Tennessee vs the state

24.2%Denial rate+7.05 pts vs state
28.2%Decision denial rate+6.49 pts vs state
61.7%Origination rate+3.61 pts vs state
7.50%Median rate+0.88 pts vs state
7.25Rate spread (pts)+7.02 pts vs state
$99kMedian applicant income
153Loans originated
60Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323416422.2%6.50%#167
202420214818.8%7.88%#203
202524815324.2%7.50%#183

What Old Hickory Credit Union lends in Tennessee

By loan purpose

Home purchase 25 10% · 8.0% denied
Refinance 12 5% · 25.0% denied
Cash-out refinance 24 10% · 41.7% denied
Home improvement 98 40% · 15.3% denied
Other / HELOC 89 36% · 33.7% denied

By loan type

Conventional 248 100% · 24.2% denied

Why it denied Tennessee applicants

Debt-to-income ratio 22 37%
Credit history 19 32%
Collateral 9 15%
Unverifiable information 4 7%
Other 3 5%
Incomplete application 1 2%
Employment history 1 2%
Insufficient cash 1 2%

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: 248 applications in 2025, of which 153 were originated and 60 denied.

24.2% of all applications, or 28.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Old Hickory Credit Union originated in Tennessee in 2025 was 7.50%, against a statewide median of 6.62%.

About this data. Figures are Old Hickory 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