REDSTONE Federal Credit Union in Tennessee vs the state
23.8%Denial rate+6.68 pts vs state
28.8%Decision denial rate+7.14 pts vs state
53.3%Origination rate-4.78 pts vs state
8.13%Median rate+1.50 pts vs state
0.83Rate spread (pts)+0.60 pts vs state
$102kMedian applicant income
452Loans originated
202Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 965 | 562 | 25.1% | 8.75% | #63 |
| 2024 | 878 | 478 | 26.2% | 9.13% | #68 |
| 2025 | 848 | 452 | 23.8% | 8.13% | #78 |
What REDSTONE Federal Credit Union lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most REDSTONE Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Rutherford County | 317 | 171 | 85 | 26.8% |
| Lincoln County | 186 | 105 | 32 | 17.2% |
| Davidson County | 52 | 20 | 17 | 32.7% |
| Williamson County | 33 | 16 | 10 | 30.3% |
| Giles County | 29 | 17 | 2 | 6.9% |
| Bedford County | 22 | 10 | 6 | 27.3% |
| Franklin County | 21 | 13 | 3 | 14.3% |
| Wilson County | 20 | 10 | 6 | 30.0% |
| Coffee County | 14 | 8 | 3 | 21.4% |
| Cannon County | 13 | 6 | 4 | 30.8% |
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: 848 applications in 2025, of which 452 were originated and 202 denied.
23.8% of all applications, or 28.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans REDSTONE Federal Credit Union originated in Tennessee in 2025 was 8.13%, against a statewide median of 6.62%.
About this data. Figures are REDSTONE Federal Credit Union'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