PFN Lending Group · Tennessee · 2025

PFN Lending Group in Tennessee: approval rate, denial rate and rates (2025)

PFN Lending Group took 22 mortgage applications in Tennessee in 2025, ranking #527 of 1,274 lenders active in the state. It originated 86.4% of them and denied 13.6% (13.6% of the applications it decided), against a statewide denial rate of 17.1%.

22Applicationsin TN
13.6%Decision denial ratestate 21.7%
7.38%Median ratestate 6.62%
$415,000Median loanstate $225,000
$9.2MVolume11 counties

PFN Lending Group in Tennessee vs the state

13.6%Denial rate-3.50 pts vs state
13.6%Decision denial rate-8.04 pts vs state
86.4%Origination rate+28.28 pts vs state
7.38%Median rate+0.75 pts vs state
1.15Rate spread (pts)+0.92 pts vs state
$166kMedian applicant income
19Loans originated
3Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024332215.2%7.19%#449
2025221913.6%7.38%#527

What PFN Lending Group lends in Tennessee

By loan purpose

Home purchase 10 45% · 10.0% denied
Refinance 3 14% · 0.0% denied
Cash-out refinance 9 41% · 22.2% denied

By loan type

Conventional 19 86% · 15.8% denied
FHA 2 9% · 0.0% denied
VA 1 5% · 0.0% denied

Why it denied Tennessee applicants

Other 1 33%
Collateral 1 33%
Credit history 1 33%

Where in Tennessee

Counties with the most PFN Lending Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 651 16.7%
Williamson County 440 0.0%
Sullivan County 211 50.0%
Hamblen County 220 0.0%
Jefferson County 220 0.0%
Maury County 110 0.0%
Sumner County 110 0.0%
Cocke County 110 0.0%
Knox County 110 0.0%
Sevier County 101 100.0%

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: 22 applications in 2025, of which 19 were originated and 3 denied.

13.6% of all applications, or 13.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans PFN Lending Group originated in Tennessee in 2025 was 7.38%, against a statewide median of 6.62%.

About this data. Figures are PFN Lending Group'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