Service Federal Credit Union in Tennessee vs the state
32.4%Denial rate+15.21 pts vs state
44.0%Decision denial rate+22.32 pts vs state
38.2%Origination rate-19.84 pts vs state
6.00%Median rate-0.62 pts vs state
-0.68Rate spread (pts)-0.91 pts vs state
$105kMedian applicant income
13Loans originated
11Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 27 | 11 | 33.3% | 6.13% | #479 |
| 2024 | 12 | 5 | 41.7% | 6.49% | #581 |
| 2025 | 34 | 13 | 32.4% | 6.00% | #462 |
What Service Federal Credit Union lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Service Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 10 | 2 | 6 | 60.0% |
| Hamilton County | 3 | 2 | 1 | 33.3% |
| Washington County | 3 | 1 | 0 | 0.0% |
| Bledsoe County | 3 | 0 | 2 | 66.7% |
| Cheatham County | 2 | 0 | 0 | 0.0% |
| Hawkins County | 2 | 1 | 0 | 0.0% |
| Smith County | 2 | 1 | 0 | 0.0% |
| Sevier County | 1 | 1 | 0 | 0.0% |
| Sumner County | 1 | 1 | 0 | 0.0% |
| Williamson County | 1 | 1 | 0 | 0.0% |
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: 34 applications in 2025, of which 13 were originated and 11 denied.
32.4% of all applications, or 44.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Service Federal Credit Union originated in Tennessee in 2025 was 6.00%, against a statewide median of 6.62%.
About this data. Figures are Service 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