U.S. Bank in Tennessee vs the state
35.0%Denial rate+17.82 pts vs state
41.7%Decision denial rate+19.97 pts vs state
47.6%Origination rate-10.51 pts vs state
7.60%Median rate+0.98 pts vs state
0.87Rate spread (pts)+0.64 pts vs state
$104kMedian applicant income
1,844Loans originated
1,355Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,283 | 1,991 | 38.9% | 8.45% | #15 |
| 2024 | 3,964 | 1,907 | 35.5% | 7.88% | #13 |
| 2025 | 3,876 | 1,844 | 35.0% | 7.60% | #16 |
What U.S. Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most U.S. Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Davidson County | 649 | 287 | 244 | 37.6% |
| Rutherford County | 277 | 121 | 119 | 43.0% |
| Williamson County | 275 | 147 | 71 | 25.8% |
| Montgomery County | 244 | 111 | 86 | 35.2% |
| Knox County | 205 | 110 | 48 | 23.4% |
| Wilson County | 200 | 111 | 53 | 26.5% |
| Sumner County | 189 | 92 | 63 | 33.3% |
| Shelby County | 138 | 51 | 58 | 42.0% |
| Robertson County | 105 | 54 | 35 | 33.3% |
| Cheatham County | 104 | 26 | 54 | 51.9% |
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: 3,876 applications in 2025, of which 1,844 were originated and 1,355 denied.
35.0% of all applications, or 41.7% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans U.S. Bank originated in Tennessee in 2025 was 7.60%, against a statewide median of 6.62%.
About this data. Figures are U.S. Bank'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