Regions Bank · Tennessee · 2025

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

Regions Bank took 11,247 mortgage applications in Tennessee in 2025, ranking #3 of 1,274 lenders active in the state. It originated 47.3% of them and denied 36.5% (40.2% of the applications it decided), against a statewide denial rate of 17.1%.

11kApplicationsin TN
40.2%Decision denial ratestate 21.7%
4.99%Median ratestate 6.62%
$85,000Median loanstate $225,000
$887MVolume95 counties

Regions Bank in Tennessee vs the state

36.5%Denial rate+19.40 pts vs state
40.2%Decision denial rate+18.52 pts vs state
47.3%Origination rate-10.76 pts vs state
4.99%Median rate-1.63 pts vs state
-2.11Rate spread (pts)-2.34 pts vs state
$86kMedian applicant income
5,322Loans originated
4,110Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202311,7085,26638.8%8.50%#1
202411,3365,24737.4%6.99%#2
202511,2475,32236.5%4.99%#3

What Regions Bank lends in Tennessee

By loan purpose

Home purchase 1,497 13% · 17.9% denied
Refinance 2,565 23% · 26.9% denied
Cash-out refinance 508 5% · 24.8% denied
Home improvement 3,869 34% · 44.6% denied
Other / HELOC 2,808 25% · 46.4% denied

By loan type

Conventional 10,702 95% · 37.0% denied
FHA 424 4% · 31.8% denied
VA 87 1% · 10.3% denied
USDA / RHS 34 0% · 11.8% denied

Why it denied Tennessee applicants

Credit history 1,956 48%
Debt-to-income ratio 1,243 30%
Collateral 808 20%
Unverifiable information 30 1%
Other 29 1%
Incomplete application 22 1%
Insufficient cash 17 0%
Employment history 5 0%

Where in Tennessee

Counties with the most Regions Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 1,591546779 49.0%
Davidson County 1,362640460 33.8%
Hamilton County 922473321 34.8%
Knox County 821431258 31.4%
Williamson County 550323120 21.8%
Rutherford County 490253157 32.0%
Sumner County 328162105 32.0%
Madison County 274124115 42.0%
Montgomery County 25311387 34.4%
Maury County 23211687 37.5%

Other large lenders in Tennessee

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,50317.3%6.50%
United Shore Financial ServicesB 12,45810.9%6.12%
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%
Eastman Credit UnionD 4,43621.5%7.25%

Frequently asked questions

Tennessee: 11,247 applications in 2025, of which 5,322 were originated and 4,110 denied.

36.5% of all applications, or 40.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Regions Bank originated in Tennessee in 2025 was 4.99%, against a statewide median of 6.62%.

About this data. Figures are Regions 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