Tomo Mortgage in Tennessee vs the state
4.9%Denial rate-12.23 pts vs state
11.9%Decision denial rate-9.75 pts vs state
35.9%Origination rate-22.23 pts vs state
6.49%Median rate-0.13 pts vs state
-0.12Rate spread (pts)-0.35 pts vs state
$165kMedian applicant income
95Loans originated
13Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 16 | 10 | 6.3% | 6.63% | #537 |
| 2024 | 76 | 34 | 2.6% | 6.88% | #337 |
| 2025 | 265 | 95 | 4.9% | 6.49% | #178 |
What Tomo Mortgage lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Tomo Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hamilton County | 32 | 20 | 1 | 3.1% |
| Davidson County | 27 | 9 | 0 | 0.0% |
| Knox County | 25 | 10 | 0 | 0.0% |
| Williamson County | 24 | 6 | 3 | 12.5% |
| Shelby County | 21 | 3 | 3 | 14.3% |
| Sevier County | 19 | 7 | 2 | 10.5% |
| Rutherford County | 13 | 0 | 0 | 0.0% |
| Wilson County | 11 | 3 | 0 | 0.0% |
| Sumner County | 10 | 6 | 0 | 0.0% |
| Montgomery County | 8 | 2 | 1 | 12.5% |
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: 265 applications in 2025, of which 95 were originated and 13 denied.
4.9% of all applications, or 11.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Tomo Mortgage originated in Tennessee in 2025 was 6.49%, against a statewide median of 6.62%.
About this data. Figures are Tomo Mortgage'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