Southern Bank of Tennessee · Tennessee · 2025

Southern Bank of Tennessee in Tennessee: approval rate, denial rate and rates (2025)

Southern Bank of Tennessee took 201 mortgage applications in Tennessee in 2025, ranking #214 of 1,274 lenders active in the state. It originated 80.1% of them and denied 3.0% (3.6% of the applications it decided), against a statewide denial rate of 17.1%.

201Applicationsin TN
3.6%Decision denial ratestate 21.7%
Median ratestate 6.62%
$315,000Median loanstate $225,000
$64MVolume18 counties

Southern Bank of Tennessee in Tennessee vs the state

3.0%Denial rate-14.15 pts vs state
3.6%Decision denial rate-18.13 pts vs state
80.1%Origination rate+22.02 pts vs state
Median rate
Rate spread (pts)
$126kMedian applicant income
161Loans originated
6Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231601289.4%#219
20241691305.3%#229
20252011613.0%#214

What Southern Bank of Tennessee lends in Tennessee

By loan purpose

Home purchase 119 59% · 1.7% denied
Refinance 57 28% · 3.5% denied
Cash-out refinance 21 10% · 4.8% denied
Home improvement 2 1% · 0.0% denied
Other / HELOC 2 1% · 50.0% denied

By loan type

Conventional 172 86% · 3.5% denied
FHA 19 9% · 0.0% denied
VA 10 5% · 0.0% denied

Where in Tennessee

Counties with the most Southern Bank of Tennessee applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wilson County 74592 2.7%
Davidson County 54462 3.7%
Rutherford County 31280 0.0%
Williamson County 1152 18.2%
Sumner County 880 0.0%
Smith County 430 0.0%
Trousdale County 440 0.0%
Putnam County 310 0.0%
Franklin County 310 0.0%
Coffee 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: 201 applications in 2025, of which 161 were originated and 6 denied.

3.0% of all applications, or 3.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Southern Bank of Tennessee'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