Plaza Home Mortgage · Tennessee · 2025

Plaza Home Mortgage in Tennessee: approval rate, denial rate and rates (2025)

Plaza Home Mortgage took 236 mortgage applications in Tennessee in 2025, ranking #195 of 1,274 lenders active in the state. It originated 54.2% of them and denied 35.6% (39.1% of the applications it decided), against a statewide denial rate of 17.1%.

236Applicationsin TN
39.1%Decision denial ratestate 21.7%
6.49%Median ratestate 6.62%
$265,000Median loanstate $225,000
$39MVolume56 counties

Plaza Home Mortgage in Tennessee vs the state

35.6%Denial rate+18.45 pts vs state
39.1%Decision denial rate+17.39 pts vs state
54.2%Origination rate-3.84 pts vs state
6.49%Median rate-0.13 pts vs state
0.28Rate spread (pts)+0.05 pts vs state
$93kMedian applicant income
128Loans originated
84Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231215419.8%6.63%#265
202425013729.2%6.49%#171
202523612835.6%6.49%#195

What Plaza Home Mortgage lends in Tennessee

By loan purpose

Home purchase 124 53% · 22.6% denied
Refinance 30 13% · 36.7% denied
Cash-out refinance 82 35% · 54.9% denied

By loan type

Conventional 118 50% · 36.4% denied
FHA 81 34% · 33.3% denied
VA 37 16% · 37.8% denied

Why it denied Tennessee applicants

Other 47 56%
Unverifiable information 13 15%
Collateral 8 10%
Debt-to-income ratio 7 8%
Insufficient cash 4 5%
Credit history 4 5%
Employment history 1 1%

Where in Tennessee

Counties with the most Plaza Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 23129 39.1%
Knox County 19133 15.8%
Montgomery County 1987 36.8%
Sevier County 1695 31.3%
Shelby County 16411 68.8%
Rutherford County 1054 40.0%
Hamilton County 943 33.3%
Washington County 841 12.5%
Wilson County 761 14.3%
Blount County 752 28.6%

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: 236 applications in 2025, of which 128 were originated and 84 denied.

35.6% of all applications, or 39.1% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Plaza Home Mortgage originated in Tennessee in 2025 was 6.49%, against a statewide median of 6.62%.

About this data. Figures are Plaza Home 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