Prosperity Home Mortgage · Tennessee · 2025

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

Prosperity Home Mortgage took 204 mortgage applications in Tennessee in 2025, ranking #210 of 1,274 lenders active in the state. It originated 60.3% of them and denied 11.8% (16.2% of the applications it decided), against a statewide denial rate of 17.1%.

204Applicationsin TN
16.2%Decision denial ratestate 21.7%
6.13%Median ratestate 6.62%
$285,000Median loanstate $225,000
$42MVolume51 counties

Prosperity Home Mortgage in Tennessee vs the state

11.8%Denial rate-5.38 pts vs state
16.2%Decision denial rate-5.46 pts vs state
60.3%Origination rate+2.21 pts vs state
6.13%Median rate-0.50 pts vs state
0.04Rate spread (pts)-0.19 pts vs state
$84kMedian applicant income
123Loans originated
24Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231395924.5%6.63%#245
20241688723.8%6.38%#230
202520412311.8%6.13%#210

What Prosperity Home Mortgage lends in Tennessee

By loan purpose

Home purchase 68 33% · 7.4% denied
Refinance 63 31% · 7.9% denied
Cash-out refinance 68 33% · 19.1% denied
Other / HELOC 5 2% · 20.0% denied

By loan type

Conventional 65 32% · 9.2% denied
FHA 67 33% · 19.4% denied
VA 72 35% · 6.9% denied

Why it denied Tennessee applicants

Debt-to-income ratio 11 46%
Credit history 5 21%
Collateral 5 21%
Insufficient cash 2 8%
Employment history 1 4%

Where in Tennessee

Counties with the most Prosperity Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 27183 11.1%
Montgomery County 21123 14.3%
Knox County 20105 25.0%
Davidson County 1662 12.5%
Sullivan County 951 11.1%
Hamilton County 851 12.5%
Williamson County 750 0.0%
Rutherford County 621 16.7%
Washington County 620 0.0%
Sevier County 541 20.0%

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: 204 applications in 2025, of which 123 were originated and 24 denied.

11.8% of all applications, or 16.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Prosperity Home Mortgage originated in Tennessee in 2025 was 6.13%, against a statewide median of 6.62%.

About this data. Figures are Prosperity 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