Royal United Mortgage · Tennessee · 2025

Royal United Mortgage in Tennessee: approval rate, denial rate and rates (2025)

Royal United Mortgage took 201 mortgage applications in Tennessee in 2025, ranking #215 of 1,274 lenders active in the state. It originated 61.7% of them and denied 21.4% (25.4% of the applications it decided), against a statewide denial rate of 17.1%.

201Applicationsin TN
25.4%Decision denial ratestate 21.7%
6.63%Median ratestate 6.62%
$95,000Median loanstate $225,000
$16MVolume62 counties

Royal United Mortgage in Tennessee vs the state

21.4%Denial rate+4.25 pts vs state
25.4%Decision denial rate+3.76 pts vs state
61.7%Origination rate+3.61 pts vs state
6.63%Median rate0.00 pts vs state
1.00Rate spread (pts)+0.77 pts vs state
$46kMedian applicant income
124Loans originated
43Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202327718620.9%7.00%#144
202427717622.4%6.63%#159
202520112421.4%6.63%#215

What Royal United Mortgage lends in Tennessee

By loan purpose

Home purchase 3 1% · 100.0% denied
Refinance 198 99% · 20.2% denied

By loan type

Conventional 169 84% · 20.1% denied
FHA 25 12% · 36.0% denied
VA 7 3% · 0.0% denied

Why it denied Tennessee applicants

Incomplete application 15 35%
Collateral 12 28%
Unverifiable information 6 14%
Debt-to-income ratio 6 14%
Credit history 4 9%

Where in Tennessee

Counties with the most Royal United Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 362011 30.6%
Knox County 1191 9.1%
Sullivan County 851 12.5%
Gibson County 732 28.6%
Davidson County 741 14.3%
Rutherford County 742 28.6%
Sevier County 640 0.0%
Hamilton County 622 33.3%
Dickson County 522 40.0%
Maury County 540 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: 201 applications in 2025, of which 124 were originated and 43 denied.

21.4% of all applications, or 25.4% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Royal United Mortgage originated in Tennessee in 2025 was 6.63%, against a statewide median of 6.62%.

About this data. Figures are Royal United 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