Patriot Bank · Tennessee · 2025

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

Patriot Bank took 533 mortgage applications in Tennessee in 2025, ranking #107 of 1,274 lenders active in the state. It originated 79.0% of them and denied 7.5% (8.6% of the applications it decided), against a statewide denial rate of 17.1%.

533Applicationsin TN
8.6%Decision denial ratestate 21.7%
6.13%Median ratestate 6.62%
$235,000Median loanstate $225,000
$111MVolume17 counties

Patriot Bank in Tennessee vs the state

7.5%Denial rate-9.64 pts vs state
8.6%Decision denial rate-13.11 pts vs state
79.0%Origination rate+20.91 pts vs state
6.13%Median rate-0.50 pts vs state
-0.10Rate spread (pts)-0.33 pts vs state
$100kMedian applicant income
421Loans originated
40Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237275589.4%6.25%#82
202478356715.1%6.13%#76
20255334217.5%6.13%#107

What Patriot Bank lends in Tennessee

By loan purpose

Home purchase 396 74% · 2.8% denied
Refinance 21 4% · 14.3% denied
Cash-out refinance 37 7% · 8.1% denied
Home improvement 75 14% · 28.0% denied
Other / HELOC 4 1% · 50.0% denied

By loan type

Conventional 380 71% · 7.9% denied
FHA 95 18% · 8.4% denied
VA 43 8% · 4.7% denied
USDA / RHS 15 3% · 0.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 15 38%
Other 13 33%
Credit history 8 20%
Collateral 2 5%
Employment history 1 3%
Unverifiable information 1 3%

Where in Tennessee

Counties with the most Patriot Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 36828726 7.1%
Tipton County 1151019 7.8%
Fayette County 30192 6.7%
Lauderdale County 320 0.0%
Madison County 211 50.0%
Henry County 211 50.0%
Hardin County 210 0.0%
Hardeman County 211 50.0%
Bradley County 110 0.0%
Crockett 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: 533 applications in 2025, of which 421 were originated and 40 denied.

7.5% of all applications, or 8.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Patriot Bank originated in Tennessee in 2025 was 6.13%, against a statewide median of 6.62%.

About this data. Figures are Patriot 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