Plains Commerce Bank · Tennessee · 2025

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

Plains Commerce Bank took 262 mortgage applications in Tennessee in 2025, ranking #179 of 1,274 lenders active in the state. It originated 51.9% of them and denied 10.3% (16.5% of the applications it decided), against a statewide denial rate of 17.1%.

262Applicationsin TN
16.5%Decision denial ratestate 21.7%
6.50%Median ratestate 6.62%
$325,000Median loanstate $225,000
$50MVolume43 counties

Plains Commerce Bank in Tennessee vs the state

10.3%Denial rate-6.83 pts vs state
16.5%Decision denial rate-5.22 pts vs state
51.9%Origination rate-6.17 pts vs state
6.50%Median rate-0.12 pts vs state
0.09Rate spread (pts)-0.14 pts vs state
$109kMedian applicant income
136Loans originated
27Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232771402.2%6.63%#145
20242951352.0%6.63%#148
202526213610.3%6.50%#179

What Plains Commerce Bank lends in Tennessee

By loan purpose

Home purchase 235 90% · 10.2% denied
Refinance 15 6% · 13.3% denied
Cash-out refinance 9 3% · 11.1% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 175 67% · 10.3% denied
FHA 51 19% · 15.7% denied
VA 33 13% · 3.0% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 15 56%
Credit history 4 15%
Collateral 3 11%
Other 2 7%
Unverifiable information 2 7%
Employment history 1 4%

Where in Tennessee

Counties with the most Plains Commerce Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 41193 7.3%
Montgomery County 23151 4.3%
Williamson County 19120 0.0%
Knox County 17102 11.8%
Shelby County 1334 30.8%
Sevier County 1382 15.4%
Blount County 1361 7.7%
Sumner County 1232 16.7%
Maury County 1242 16.7%
Anderson County 1170 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: 262 applications in 2025, of which 136 were originated and 27 denied.

10.3% of all applications, or 16.5% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

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

About this data. Figures are Plains Commerce 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