Presidential Bank · Tennessee · 2025

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

Presidential Bank took 109 mortgage applications in Tennessee in 2025, ranking #306 of 1,274 lenders active in the state. It originated 78.9% of them and denied 8.3% (9.4% of the applications it decided), against a statewide denial rate of 17.1%.

109Applicationsin TN
9.4%Decision denial ratestate 21.7%
6.63%Median ratestate 6.62%
$315,000Median loanstate $225,000
$30MVolume21 counties

Presidential Bank in Tennessee vs the state

8.3%Denial rate-8.88 pts vs state
9.4%Decision denial rate-12.30 pts vs state
78.9%Origination rate+20.82 pts vs state
6.63%Median rate0.00 pts vs state
0.21Rate spread (pts)-0.02 pts vs state
$110kMedian applicant income
86Loans originated
9Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202310620.0%6.88%#613
202418135.6%6.25%#533
2025109868.3%6.63%#306

What Presidential Bank lends in Tennessee

By loan purpose

Home purchase 104 95% · 8.7% denied
Refinance 2 2% · 0.0% denied
Cash-out refinance 3 3% · 0.0% denied

By loan type

Conventional 54 50% · 7.4% denied
FHA 27 25% · 0.0% denied
VA 25 23% · 20.0% denied
USDA / RHS 3 3% · 0.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 4 44%
Incomplete application 1 11%
Collateral 1 11%
Unverifiable information 1 11%
Other 1 11%
Employment history 1 11%

Where in Tennessee

Counties with the most Presidential Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 28244 14.3%
Hamilton County 27173 11.1%
Bradley County 17130 0.0%
Knox County 650 0.0%
Monroe County 540 0.0%
Williamson County 421 25.0%
Blount County 330 0.0%
Loudon County 330 0.0%
Dickson County 220 0.0%
Roane County 220 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: 109 applications in 2025, of which 86 were originated and 9 denied.

8.3% of all applications, or 9.4% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Presidential Bank originated in Tennessee in 2025 was 6.63%, against a statewide median of 6.62%.

About this data. Figures are Presidential 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