SmartBank in Tennessee vs the state
13.1%Denial rate-4.08 pts vs state
13.5%Decision denial rate-8.20 pts vs state
75.8%Origination rate+17.75 pts vs state
7.25%Median rate+0.63 pts vs state
0.22Rate spread (pts)-0.01 pts vs state
$122kMedian applicant income
662Loans originated
114Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 645 | 497 | 13.8% | 7.75% | #88 |
| 2024 | 768 | 585 | 12.6% | 8.00% | #77 |
| 2025 | 873 | 662 | 13.1% | 7.25% | #74 |
What SmartBank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most SmartBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hamilton County | 166 | 123 | 20 | 12.0% |
| Sevier County | 101 | 74 | 17 | 16.8% |
| Knox County | 90 | 68 | 12 | 13.3% |
| Blount County | 81 | 66 | 11 | 13.6% |
| Cumberland County | 67 | 54 | 9 | 13.4% |
| Bradley County | 65 | 57 | 3 | 4.6% |
| Rutherford County | 30 | 22 | 3 | 10.0% |
| Fentress County | 29 | 22 | 5 | 17.2% |
| Putnam County | 27 | 20 | 3 | 11.1% |
| Coffee County | 24 | 20 | 1 | 4.2% |
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: 873 applications in 2025, of which 662 were originated and 114 denied.
13.1% of all applications, or 13.5% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans SmartBank originated in Tennessee in 2025 was 7.25%, against a statewide median of 6.62%.
About this data. Figures are SmartBank'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