PNC Bank in Tennessee vs the state
26.5%Denial rate+9.33 pts vs state
34.9%Decision denial rate+13.23 pts vs state
47.5%Origination rate-10.54 pts vs state
7.39%Median rate+0.77 pts vs state
0.32Rate spread (pts)+0.09 pts vs state
$125kMedian applicant income
397Loans originated
221Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 771 | 395 | 23.0% | 8.48% | #78 |
| 2024 | 719 | 361 | 25.6% | 8.96% | #79 |
| 2025 | 835 | 397 | 26.5% | 7.39% | #81 |
What PNC Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most PNC Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Davidson County | 134 | 77 | 30 | 22.4% |
| Rutherford County | 106 | 54 | 34 | 32.1% |
| Williamson County | 90 | 44 | 19 | 21.1% |
| Knox County | 58 | 17 | 19 | 32.8% |
| Shelby County | 50 | 22 | 10 | 20.0% |
| Hamilton County | 42 | 19 | 13 | 31.0% |
| Sumner County | 34 | 24 | 3 | 8.8% |
| Wilson County | 19 | 12 | 4 | 21.1% |
| Maury County | 17 | 8 | 4 | 23.5% |
| Sullivan County | 16 | 7 | 2 | 12.5% |
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: 835 applications in 2025, of which 397 were originated and 221 denied.
26.5% of all applications, or 34.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans PNC Bank originated in Tennessee in 2025 was 7.39%, against a statewide median of 6.62%.
About this data. Figures are PNC 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