Tennessee State Bank · Tennessee · 2025

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

Tennessee State Bank took 111 mortgage applications in Tennessee in 2025, ranking #303 of 1,274 lenders active in the state. It originated 47.8% of them and denied 27.0% (36.1% of the applications it decided), against a statewide denial rate of 17.1%.

111Applicationsin TN
36.1%Decision denial ratestate 21.7%
Median ratestate 6.62%
$265,000Median loanstate $225,000
$17MVolume7 counties

Tennessee State Bank in Tennessee vs the state

27.0%Denial rate+9.89 pts vs state
36.1%Decision denial rate+14.46 pts vs state
47.8%Origination rate-10.33 pts vs state
Median rate
Rate spread (pts)
$116kMedian applicant income
53Loans originated
30Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231567627.6%#227
2024965527.1%#314
20251115327.0%#303

What Tennessee State Bank lends in Tennessee

By loan purpose

Home purchase 75 68% · 24.0% denied
Refinance 21 19% · 28.6% denied
Home improvement 6 5% · 50.0% denied
Other / HELOC 9 8% · 33.3% denied

By loan type

Conventional 111 100% · 27.0% denied

Where in Tennessee

Counties with the most Tennessee State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sevier County 713020 28.2%
Cocke County 1586 40.0%
Knox County 1181 9.1%
Jefferson County 752 28.6%
Blount County 511 20.0%
Hamblen County 100 0.0%
Loudon 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: 111 applications in 2025, of which 53 were originated and 30 denied.

27.0% of all applications, or 36.1% 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 Tennessee State 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