Simmons Bank in Tennessee vs the state
23.2%Denial rate+6.08 pts vs state
25.4%Decision denial rate+3.75 pts vs state
67.0%Origination rate+8.90 pts vs state
5.88%Median rate-0.75 pts vs state
-2.10Rate spread (pts)-2.33 pts vs state
$93kMedian applicant income
773Loans originated
268Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,447 | 918 | 22.6% | 7.87% | #42 |
| 2024 | 1,200 | 760 | 26.8% | 8.30% | #49 |
| 2025 | 1,154 | 773 | 23.2% | 5.88% | #55 |
What Simmons Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Simmons Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 251 | 155 | 63 | 25.1% |
| Madison County | 90 | 61 | 20 | 22.2% |
| Weakley County | 87 | 57 | 24 | 27.6% |
| Gibson County | 64 | 40 | 17 | 26.6% |
| Williamson County | 64 | 50 | 13 | 20.3% |
| Davidson County | 63 | 40 | 18 | 28.6% |
| McMinn County | 60 | 45 | 10 | 16.7% |
| Obion County | 47 | 34 | 6 | 12.8% |
| Sumner County | 46 | 29 | 14 | 30.4% |
| Dyer County | 36 | 25 | 7 | 19.4% |
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: 1,154 applications in 2025, of which 773 were originated and 268 denied.
23.2% 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 Simmons Bank originated in Tennessee in 2025 was 5.88%, against a statewide median of 6.62%.
About this data. Figures are Simmons 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