Pinnacle Bank · Tennessee · 2025

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

Pinnacle Bank took 4,053 mortgage applications in Tennessee in 2025, ranking #15 of 1,274 lenders active in the state. It originated 69.3% of them and denied 13.6% (15.5% of the applications it decided), against a statewide denial rate of 17.1%.

4.1kApplicationsin TN
15.5%Decision denial ratestate 21.7%
6.50%Median ratestate 6.62%
$225,000Median loanstate $225,000
$985MVolume62 counties

Pinnacle Bank in Tennessee vs the state

13.6%Denial rate-3.55 pts vs state
15.5%Decision denial rate-6.21 pts vs state
69.3%Origination rate+11.20 pts vs state
6.50%Median rate-0.12 pts vs state
0.02Rate spread (pts)-0.21 pts vs state
$107kMedian applicant income
2,808Loans originated
551Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,6173,36312.1%7.38%#11
20244,0402,83014.2%6.88%#12
20254,0532,80813.6%6.50%#15

What Pinnacle Bank lends in Tennessee

By loan purpose

Home purchase 2,501 62% · 7.5% denied
Refinance 310 8% · 16.1% denied
Cash-out refinance 144 4% · 17.4% denied
Home improvement 717 18% · 26.2% denied
Other / HELOC 381 9% · 26.5% denied

By loan type

Conventional 3,903 96% · 13.6% denied
FHA 100 2% · 18.0% denied
VA 50 1% · 6.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 252 46%
Credit history 159 29%
Collateral 48 9%
Unverifiable information 27 5%
Insufficient cash 26 5%
Other 24 4%
Employment history 12 2%
Incomplete application 3 1%

Where in Tennessee

Counties with the most Pinnacle Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 1,049767110 10.5%
Davidson County 880601139 15.8%
Rutherford County 47733862 13.0%
Williamson County 27818541 14.7%
Hamilton County 25719033 12.8%
Knox County 21314526 12.2%
Sumner County 1469122 15.1%
Wilson County 1379519 13.9%
Blount County 1258316 12.8%
Cheatham County 51389 17.6%

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: 4,053 applications in 2025, of which 2,808 were originated and 551 denied.

13.6% of all applications, or 15.5% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Pinnacle Bank originated in Tennessee in 2025 was 6.50%, against a statewide median of 6.62%.

About this data. Figures are Pinnacle 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