Southwest Airlines Federal Credit Union in Tennessee vs the state
38.5%Denial rate+21.32 pts vs state
38.5%Decision denial rate+16.78 pts vs state
61.5%Origination rate+3.46 pts vs state
5.75%Median rate-0.87 pts vs state
-0.21Rate spread (pts)-0.44 pts vs state
$96kMedian applicant income
8Loans originated
5Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 9 | 7 | 22.2% | 5.50% | #631 |
| 2024 | 9 | 5 | 44.4% | 5.75% | #614 |
| 2025 | 13 | 8 | 38.5% | 5.75% | #601 |
What Southwest Airlines Federal Credit Union lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Southwest Airlines Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Davidson County | 4 | 1 | 3 | 75.0% |
| Wilson County | 2 | 1 | 1 | 50.0% |
| Sumner County | 2 | 2 | 0 | 0.0% |
| Robertson County | 1 | 1 | 0 | 0.0% |
| Trousdale County | 1 | 1 | 0 | 0.0% |
| Franklin County | 1 | 1 | 0 | 0.0% |
| Grundy County | 1 | 1 | 0 | 0.0% |
| Williamson County | 1 | 0 | 1 | 100.0% |
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: 13 applications in 2025, of which 8 were originated and 5 denied.
38.5% of all applications, or 38.5% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Southwest Airlines Federal Credit Union originated in Tennessee in 2025 was 5.75%, against a statewide median of 6.62%.
About this data. Figures are Southwest Airlines 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