Towne Mortgage in Tennessee vs the state
6.2%Denial rate-10.99 pts vs state
6.7%Decision denial rate-14.94 pts vs state
73.3%Origination rate+15.25 pts vs state
6.38%Median rate-0.25 pts vs state
0.17Rate spread (pts)-0.06 pts vs state
$83kMedian applicant income
143Loans originated
12Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 94 | 60 | 11.7% | 6.63% | #303 |
| 2024 | 154 | 100 | 6.5% | 6.75% | #243 |
| 2025 | 195 | 143 | 6.2% | 6.38% | #220 |
What Towne Mortgage lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Towne Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 27 | 20 | 2 | 7.4% |
| Hamilton County | 10 | 6 | 1 | 10.0% |
| Sullivan County | 10 | 10 | 0 | 0.0% |
| Knox County | 9 | 8 | 0 | 0.0% |
| Bradley County | 9 | 6 | 0 | 0.0% |
| Weakley County | 9 | 5 | 2 | 22.2% |
| Campbell County | 8 | 5 | 0 | 0.0% |
| Tipton County | 6 | 5 | 1 | 16.7% |
| Jefferson County | 5 | 4 | 0 | 0.0% |
| Monroe County | 4 | 4 | 0 | 0.0% |
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: 195 applications in 2025, of which 143 were originated and 12 denied.
6.2% of all applications, or 6.7% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Towne Mortgage originated in Tennessee in 2025 was 6.38%, against a statewide median of 6.62%.
About this data. Figures are Towne 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