USAA Federal Savings Bank in Tennessee vs the state
21.9%Denial rate+4.75 pts vs state
31.2%Decision denial rate+9.50 pts vs state
47.4%Origination rate-10.70 pts vs state
6.25%Median rate-0.37 pts vs state
-0.22Rate spread (pts)-0.45 pts vs state
$120kMedian applicant income
407Loans originated
188Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 761 | 402 | 17.1% | 6.25% | #79 |
| 2024 | 794 | 427 | 19.5% | 6.38% | #74 |
| 2025 | 859 | 407 | 21.9% | 6.25% | #76 |
What USAA Federal Savings Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most USAA Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 90 | 40 | 8 | 8.9% |
| Knox County | 72 | 42 | 11 | 15.3% |
| Shelby County | 67 | 30 | 18 | 26.9% |
| Davidson County | 61 | 26 | 20 | 32.8% |
| Hamilton County | 45 | 22 | 12 | 26.7% |
| Rutherford County | 34 | 14 | 7 | 20.6% |
| Washington County | 27 | 12 | 5 | 18.5% |
| Blount County | 24 | 13 | 4 | 16.7% |
| Williamson County | 24 | 8 | 9 | 37.5% |
| Wilson County | 19 | 7 | 8 | 42.1% |
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: 859 applications in 2025, of which 407 were originated and 188 denied.
21.9% of all applications, or 31.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans USAA Federal Savings Bank originated in Tennessee in 2025 was 6.25%, against a statewide median of 6.62%.
About this data. Figures are USAA Federal Savings 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