Peoples Bank of the South · Tennessee · 2025

Peoples Bank of the South in Tennessee: approval rate, denial rate and rates (2025)

Peoples Bank of the South took 272 mortgage applications in Tennessee in 2025, ranking #173 of 1,274 lenders active in the state. It originated 98.9% of them and denied 0.7% (0.7% of the applications it decided), against a statewide denial rate of 17.1%.

272Applicationsin TN
0.7%Decision denial ratestate 21.7%
7.00%Median ratestate 6.62%
$155,000Median loanstate $225,000
$53MVolume18 counties

Peoples Bank of the South in Tennessee vs the state

0.7%Denial rate-16.40 pts vs state
0.7%Decision denial rate-20.94 pts vs state
98.9%Origination rate+40.82 pts vs state
7.00%Median rate+0.38 pts vs state
Rate spread (pts)
$112kMedian applicant income
269Loans originated
2Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232422391.2%8.00%#162
20242512470.8%#170
20252722690.7%7.00%#173

What Peoples Bank of the South lends in Tennessee

By loan purpose

Home purchase 80 29% · 1.3% denied
Refinance 149 55% · 0.7% denied
Cash-out refinance 19 7% · 0.0% denied
Home improvement 16 6% · 0.0% denied
Other / HELOC 8 3% · 0.0% denied

By loan type

Conventional 272 100% · 0.7% denied

Where in Tennessee

Counties with the most Peoples Bank of the South applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Campbell County 89862 2.2%
Knox County 76760 0.0%
Anderson County 27270 0.0%
Hamblen County 12120 0.0%
Loudon County 12120 0.0%
Blount County 11110 0.0%
Scott County 11110 0.0%
Claiborne County 10100 0.0%
Bradley County 550 0.0%
McMinn County 440 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: 272 applications in 2025, of which 269 were originated and 2 denied.

0.7% of all applications, or 0.7% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Peoples Bank of the South originated in Tennessee in 2025 was 7.00%, against a statewide median of 6.62%.

About this data. Figures are Peoples Bank of the South'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