Primary Residential Mortgage in Tennessee vs the state
5.4%Denial rate-11.72 pts vs state
7.2%Decision denial rate-14.47 pts vs state
69.7%Origination rate+11.62 pts vs state
6.63%Median rate0.00 pts vs state
0.34Rate spread (pts)+0.11 pts vs state
$93kMedian applicant income
283Loans originated
22Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 277 | 188 | 4.7% | 6.63% | #143 |
| 2024 | 416 | 297 | 5.1% | 6.63% | #117 |
| 2025 | 406 | 283 | 5.4% | 6.63% | #129 |
What Primary Residential Mortgage lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Primary Residential Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sumner County | 110 | 69 | 5 | 4.5% |
| Davidson County | 59 | 31 | 6 | 10.2% |
| Wilson County | 46 | 37 | 2 | 4.3% |
| Macon County | 29 | 25 | 0 | 0.0% |
| Robertson County | 28 | 25 | 0 | 0.0% |
| Rutherford County | 20 | 17 | 0 | 0.0% |
| Montgomery County | 15 | 13 | 0 | 0.0% |
| Shelby County | 13 | 4 | 4 | 30.8% |
| Cheatham County | 10 | 6 | 2 | 20.0% |
| Smith County | 8 | 7 | 0 | 0.0% |
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: 406 applications in 2025, of which 283 were originated and 22 denied.
5.4% of all applications, or 7.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Primary Residential Mortgage originated in Tennessee in 2025 was 6.63%, against a statewide median of 6.62%.
About this data. Figures are Primary Residential 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