Sfmc · Tennessee · 2025

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

Sfmc took 107 mortgage applications in Tennessee in 2025, ranking #311 of 1,274 lenders active in the state. It originated 73.8% of them and denied 4.7% (5.4% of the applications it decided), against a statewide denial rate of 17.1%.

107Applicationsin TN
5.4%Decision denial ratestate 21.7%
6.63%Median ratestate 6.62%
$305,000Median loanstate $225,000
$26MVolume10 counties

Sfmc in Tennessee vs the state

4.7%Denial rate-12.47 pts vs state
5.4%Decision denial rate-16.25 pts vs state
73.8%Origination rate+15.75 pts vs state
6.63%Median rate0.00 pts vs state
0.58Rate spread (pts)+0.35 pts vs state
$112kMedian applicant income
79Loans originated
5Denied

What Sfmc lends in Tennessee

By loan purpose

Home purchase 70 65% · 2.9% denied
Refinance 17 16% · 11.8% denied
Cash-out refinance 20 19% · 5.0% denied

By loan type

Conventional 48 45% · 4.2% denied
FHA 50 47% · 6.0% denied
VA 6 6% · 0.0% denied
USDA / RHS 3 3% · 0.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 3 60%
Insufficient cash 1 20%
Credit history 1 20%

Where in Tennessee

Counties with the most Sfmc applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Robertson County 55422 3.6%
Sumner County 31221 3.2%
Montgomery County 850 0.0%
Davidson County 430 0.0%
Macon County 312 66.7%
Cheatham County 220 0.0%
Rutherford County 110 0.0%
Hickman County 110 0.0%
Shelby County 110 0.0%
Trousdale County 110 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: 107 applications in 2025, of which 79 were originated and 5 denied.

4.7% of all applications, or 5.4% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

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

About this data. Figures are Sfmc'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