PHH Mortgage in Tennessee vs the state
6.7%Denial rate-10.42 pts vs state
14.2%Decision denial rate-7.44 pts vs state
39.5%Origination rate-18.56 pts vs state
6.13%Median rate-0.50 pts vs state
0.23Rate spread (pts)0.00 pts vs state
$78kMedian applicant income
247Loans originated
42Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 278 | 119 | 20.9% | 7.00% | #142 |
| 2024 | 420 | 149 | 16.9% | 6.50% | #116 |
| 2025 | 625 | 247 | 6.7% | 6.13% | #93 |
What PHH Mortgage lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most PHH Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 89 | 26 | 7 | 7.9% |
| Knox County | 54 | 30 | 4 | 7.4% |
| Davidson County | 49 | 20 | 2 | 4.1% |
| Hamilton County | 33 | 14 | 2 | 6.1% |
| Rutherford County | 30 | 9 | 4 | 13.3% |
| Williamson County | 27 | 11 | 2 | 7.4% |
| Montgomery County | 25 | 8 | 0 | 0.0% |
| Sumner County | 24 | 7 | 3 | 12.5% |
| Wilson County | 20 | 4 | 1 | 5.0% |
| Robertson County | 18 | 9 | 2 | 11.1% |
Other large lenders in Tennessee
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,503 | 17.3% | 6.50% |
| United Shore Financial Services | B | 12,458 | 10.9% | 6.12% |
| Regions Bank | C | 11,247 | 36.5% | 4.99% |
| Vanderbilt Mortgage and Finance | F | 9,649 | 35.8% | 8.75% |
| Mortgage Research Center | C | 6,568 | 17.3% | 6.25% |
| FirstBank | C | 5,677 | 14.5% | 6.88% |
| CMG Mortgage | A | 5,643 | 2.9% | 6.50% |
| Freedom Mortgage | B | 5,493 | 8.0% | 6.25% |
| Pennymac Loan Services | C | 5,331 | 11.2% | 6.00% |
| Mortgage Investors Group | B | 4,454 | 3.5% | 6.50% |
Frequently asked questions
Tennessee: 625 applications in 2025, of which 247 were originated and 42 denied.
6.7% of all applications, or 14.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans PHH Mortgage originated in Tennessee in 2025 was 6.13%, against a statewide median of 6.62%.
About this data. Figures are PHH Mortgage'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