The Bank of Fayette County · Tennessee · 2025

The Bank of Fayette County in Tennessee: approval rate, denial rate and rates (2025)

The Bank of Fayette County took 242 mortgage applications in Tennessee in 2025, ranking #188 of 1,274 lenders active in the state. It originated 83.9% of them and denied 6.2% (6.8% of the applications it decided), against a statewide denial rate of 17.1%.

242Applicationsin TN
6.8%Decision denial ratestate 21.7%
Median ratestate 6.62%
$165,000Median loanstate $225,000
$45MVolume17 counties

The Bank of Fayette County in Tennessee vs the state

6.2%Denial rate-10.94 pts vs state
6.8%Decision denial rate-14.92 pts vs state
83.9%Origination rate+25.80 pts vs state
Median rate
Rate spread (pts)
$115kMedian applicant income
203Loans originated
15Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231981505.6%8.35%#195
20241921672.6%8.50%#208
20252422036.2%#188

What The Bank of Fayette County lends in Tennessee

By loan purpose

Home purchase 150 62% · 6.0% denied
Refinance 43 18% · 7.0% denied
Home improvement 23 10% · 8.7% denied
Other / HELOC 26 11% · 3.9% denied

By loan type

Conventional 242 100% · 6.2% denied

Where in Tennessee

Counties with the most The Bank of Fayette County applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 78644 5.1%
Fayette County 70558 11.4%
McNairy County 26260 0.0%
Hardeman County 24212 8.3%
Hardin County 13101 7.7%
Chester County 1090 0.0%
Tipton County 760 0.0%
Henry County 440 0.0%
Madison County 220 0.0%
Obion County 100 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: 242 applications in 2025, of which 203 were originated and 15 denied.

6.2% of all applications, or 6.8% 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 The Bank of Fayette County'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