Polaris Home Funding · Tennessee · 2025

Polaris Home Funding in Tennessee: approval rate, denial rate and rates (2025)

Polaris Home Funding took 32 mortgage applications in Tennessee in 2025, ranking #472 of 1,274 lenders active in the state. It originated 43.8% of them and denied 15.6% (20.8% of the applications it decided), against a statewide denial rate of 17.1%.

32Applicationsin TN
20.8%Decision denial ratestate 21.7%
6.50%Median ratestate 6.62%
$205,000Median loanstate $225,000
$2.8MVolume20 counties

Polaris Home Funding in Tennessee vs the state

15.6%Denial rate-1.51 pts vs state
20.8%Decision denial rate-0.85 pts vs state
43.8%Origination rate-14.33 pts vs state
6.50%Median rate-0.12 pts vs state
0.64Rate spread (pts)+0.41 pts vs state
$78kMedian applicant income
14Loans originated
5Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023341417.7%6.69%#446
2024271714.8%6.75%#483
2025321415.6%6.50%#472

What Polaris Home Funding lends in Tennessee

By loan purpose

Home purchase 5 16% · 0.0% denied
Refinance 5 16% · 20.0% denied
Cash-out refinance 2 6% · 100.0% denied
Other / HELOC 20 63% · 10.0% denied

By loan type

Conventional 3 9% · 33.3% denied
FHA 22 69% · 13.6% denied
VA 6 19% · 16.7% denied
USDA / RHS 1 3% · 0.0% denied

Why it denied Tennessee applicants

Collateral 3 60%
Other 1 20%
Debt-to-income ratio 1 20%

Where in Tennessee

Counties with the most Polaris Home Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 520 0.0%
Fentress County 420 0.0%
Knox County 210 0.0%
Blount County 210 0.0%
Wilson County 211 50.0%
Sullivan County 220 0.0%
Putnam County 201 50.0%
Fayette County 101 100.0%
Jackson County 100 0.0%
Washington County 110 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: 32 applications in 2025, of which 14 were originated and 5 denied.

15.6% of all applications, or 20.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Polaris Home Funding originated in Tennessee in 2025 was 6.50%, against a statewide median of 6.62%.

About this data. Figures are Polaris Home Funding'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