U. T. Federal Credit Union · Tennessee · 2025

U. T. Federal Credit Union in Tennessee: approval rate, denial rate and rates (2025)

U. T. Federal Credit Union took 278 mortgage applications in Tennessee in 2025, ranking #170 of 1,274 lenders active in the state. It originated 73.4% of them and denied 18.4% (19.2% of the applications it decided), against a statewide denial rate of 17.1%.

278Applicationsin TN
19.2%Decision denial ratestate 21.7%
6.88%Median ratestate 6.62%
$75,000Median loanstate $225,000
$29MVolume27 counties

U. T. Federal Credit Union in Tennessee vs the state

18.4%Denial rate+1.21 pts vs state
19.2%Decision denial rate-2.51 pts vs state
73.4%Origination rate+15.30 pts vs state
6.88%Median rate+0.25 pts vs state
0.59Rate spread (pts)+0.36 pts vs state
$106kMedian applicant income
204Loans originated
51Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202330119915.6%6.38%#137
202429419717.7%7.13%#149
202527820418.4%6.88%#170

What U. T. Federal Credit Union lends in Tennessee

By loan purpose

Home purchase 45 16% · 8.9% denied
Refinance 25 9% · 8.0% denied
Cash-out refinance 28 10% · 17.9% denied
Home improvement 76 27% · 21.1% denied
Other / HELOC 104 37% · 23.1% denied

By loan type

Conventional 278 100% · 18.4% denied

Why it denied Tennessee applicants

Debt-to-income ratio 39 76%
Other 7 14%
Collateral 3 6%
Credit history 2 4%

Where in Tennessee

Counties with the most U. T. Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Knox County 14310126 18.2%
Weakley County 30264 13.3%
Blount County 20154 20.0%
Shelby County 15122 13.3%
Loudon County 1192 18.2%
Anderson County 963 33.3%
Obion County 880 0.0%
Sevier County 751 14.3%
Gibson County 440 0.0%
Jefferson County 422 50.0%

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: 278 applications in 2025, of which 204 were originated and 51 denied.

18.4% of all applications, or 19.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans U. T. Federal Credit Union originated in Tennessee in 2025 was 6.88%, against a statewide median of 6.62%.

About this data. Figures are U. T. Federal Credit Union'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