Peoples Bank · Tennessee · 2025

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

Peoples Bank took 7 mortgage applications in Tennessee in 2025, ranking #683 of 1,274 lenders active in the state. It originated 71.4% of them and denied 28.6% (28.6% of the applications it decided), against a statewide denial rate of 17.1%.

7Applicationsin TN
28.6%Decision denial ratestate 21.7%
6.95%Median ratestate 6.62%
$195,000Median loanstate $225,000
$11MVolume4 counties

Peoples Bank in Tennessee vs the state

28.6%Denial rate+11.43 pts vs state
28.6%Decision denial rate+6.89 pts vs state
71.4%Origination rate+13.35 pts vs state
6.95%Median rate+0.33 pts vs state
0.50Rate spread (pts)+0.27 pts vs state
$88kMedian applicant income
5Loans originated
2Denied

What Peoples Bank lends in Tennessee

By loan purpose

Home purchase 3 43% · 0.0% denied
Refinance 2 29% · 50.0% denied
Home improvement 2 29% · 50.0% denied

By loan type

Conventional 6 86% · 33.3% denied
FHA 1 14% · 0.0% denied

Why it denied Tennessee applicants

Collateral 1 50%
Credit history 1 50%

Where in Tennessee

Counties with the most Peoples Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 321 33.3%
Macon County 211 50.0%
Davidson County 110 0.0%
Dickson 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: 7 applications in 2025, of which 5 were originated and 2 denied.

28.6% of all applications, or 28.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Peoples Bank originated in Tennessee in 2025 was 6.95%, against a statewide median of 6.62%.

About this data. Figures are Peoples 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