Provident Funding Associates · Tennessee · 2025

Provident Funding Associates in Tennessee: approval rate, denial rate and rates (2025)

Provident Funding Associates took 272 mortgage applications in Tennessee in 2025, ranking #174 of 1,274 lenders active in the state. It originated 65.8% of them and denied 6.3% (8.3% of the applications it decided), against a statewide denial rate of 17.1%.

272Applicationsin TN
8.3%Decision denial ratestate 21.7%
6.38%Median ratestate 6.62%
$345,000Median loanstate $225,000
$67MVolume33 counties

Provident Funding Associates in Tennessee vs the state

6.3%Denial rate-10.89 pts vs state
8.3%Decision denial rate-13.39 pts vs state
65.8%Origination rate+7.73 pts vs state
6.38%Median rate-0.25 pts vs state
-0.11Rate spread (pts)-0.34 pts vs state
$124kMedian applicant income
179Loans originated
17Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232281298.8%6.50%#172
20242681506.3%6.50%#161
20252721796.3%6.38%#174

What Provident Funding Associates lends in Tennessee

By loan purpose

Home purchase 223 82% · 4.5% denied
Refinance 36 13% · 5.6% denied
Cash-out refinance 13 5% · 38.5% denied

By loan type

Conventional 272 100% · 6.3% denied

Why it denied Tennessee applicants

Collateral 6 35%
Credit history 4 24%
Debt-to-income ratio 4 24%
Other 2 12%
Employment history 1 6%

Where in Tennessee

Counties with the most Provident Funding Associates applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 121942 1.7%
Davidson County 29176 20.7%
Williamson County 18121 5.6%
Knox County 1693 18.8%
Rutherford County 1561 6.7%
Hamilton County 1461 7.1%
Sumner County 870 0.0%
Wilson County 741 14.3%
Fayette County 630 0.0%
Putnam County 310 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: 272 applications in 2025, of which 179 were originated and 17 denied.

6.3% of all applications, or 8.3% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Provident Funding Associates originated in Tennessee in 2025 was 6.38%, against a statewide median of 6.62%.

About this data. Figures are Provident Funding Associates'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