The Mortgage Firm · Tennessee · 2025

The Mortgage Firm in Tennessee: approval rate, denial rate and rates (2025)

The Mortgage Firm took 23 mortgage applications in Tennessee in 2025, ranking #516 of 1,274 lenders active in the state. It originated 78.3% of them and denied 8.7% (9.5% of the applications it decided), against a statewide denial rate of 17.1%.

23Applicationsin TN
9.5%Decision denial ratestate 21.7%
6.88%Median ratestate 6.62%
$275,000Median loanstate $225,000
$4.7MVolume11 counties

The Mortgage Firm in Tennessee vs the state

8.7%Denial rate-8.44 pts vs state
9.5%Decision denial rate-12.16 pts vs state
78.3%Origination rate+20.18 pts vs state
6.88%Median rate+0.25 pts vs state
0.42Rate spread (pts)+0.19 pts vs state
$90kMedian applicant income
18Loans originated
2Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023119970.0%6.13%#267
202417160.0%7.12%#540
202523188.7%6.88%#516

What The Mortgage Firm lends in Tennessee

By loan purpose

Home purchase 19 83% · 5.3% denied
Refinance 1 4% · 0.0% denied
Cash-out refinance 3 13% · 33.3% denied

By loan type

Conventional 18 78% · 11.1% denied
FHA 3 13% · 0.0% denied
VA 1 4% · 0.0% denied
USDA / RHS 1 4% · 0.0% denied

Why it denied Tennessee applicants

Debt-to-income ratio 1 50%
Insufficient cash 1 50%

Where in Tennessee

Counties with the most The Mortgage Firm applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Blount County 541 20.0%
Hamilton County 540 0.0%
Davidson County 431 25.0%
Maury County 210 0.0%
Claiborne County 100 0.0%
Loudon County 110 0.0%
Fayette County 110 0.0%
Hickman County 110 0.0%
Bradley County 110 0.0%
Cumberland 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: 23 applications in 2025, of which 18 were originated and 2 denied.

8.7% of all applications, or 9.5% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans The Mortgage Firm originated in Tennessee in 2025 was 6.88%, against a statewide median of 6.62%.

About this data. Figures are The Mortgage Firm'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