Paragon Bank · Tennessee · 2025

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

Paragon Bank took 104 mortgage applications in Tennessee in 2025, ranking #321 of 1,274 lenders active in the state. It originated 87.5% of them and denied 2.9% (3.2% of the applications it decided), against a statewide denial rate of 17.1%.

104Applicationsin TN
3.2%Decision denial ratestate 21.7%
Median ratestate 6.62%
$275,000Median loanstate $225,000
$28MVolume4 counties

Paragon Bank in Tennessee vs the state

2.9%Denial rate-14.26 pts vs state
3.2%Decision denial rate-18.49 pts vs state
87.5%Origination rate+29.42 pts vs state
Median rate
Rate spread (pts)
$200kMedian applicant income
91Loans originated
3Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231461302.1%#237
2024112994.5%#285
2025104912.9%#321

What Paragon Bank lends in Tennessee

By loan purpose

Home purchase 86 83% · 2.3% denied
Refinance 14 13% · 0.0% denied
Cash-out refinance 3 3% · 33.3% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 104 100% · 2.9% denied

Where in Tennessee

Counties with the most Paragon Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 98853 3.1%
Gibson County 330 0.0%
Madison County 220 0.0%
Tipton 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: 104 applications in 2025, of which 91 were originated and 3 denied.

2.9% of all applications, or 3.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Paragon 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