Vanderbilt Mortgage and Finance in Tennessee vs the state
35.8%Denial rate+18.63 pts vs state
66.0%Decision denial rate+44.36 pts vs state
15.6%Origination rate-42.44 pts vs state
8.75%Median rate+2.13 pts vs state
2.75Rate spread (pts)+2.52 pts vs state
$60kMedian applicant income
1,509Loans originated
3,451Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 9,540 | 1,596 | 36.8% | 8.25% | #3 |
| 2024 | 9,837 | 1,721 | 36.9% | 8.50% | #4 |
| 2025 | 9,649 | 1,509 | 35.8% | 8.75% | #4 |
What Vanderbilt Mortgage and Finance lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Vanderbilt Mortgage and Finance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Knox County | 652 | 123 | 233 | 35.7% |
| Blount County | 526 | 67 | 204 | 38.8% |
| Hamilton County | 382 | 29 | 157 | 41.1% |
| Sullivan County | 332 | 37 | 126 | 38.0% |
| Greene County | 319 | 57 | 101 | 31.7% |
| Claiborne County | 268 | 38 | 112 | 41.8% |
| Monroe County | 266 | 22 | 103 | 38.7% |
| Sevier County | 265 | 34 | 98 | 37.0% |
| McMinn County | 240 | 34 | 96 | 40.0% |
| Bradley County | 240 | 17 | 92 | 38.3% |
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% |
| 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% |
| Eastman Credit Union | D | 4,436 | 21.5% | 7.25% |
Frequently asked questions
Tennessee: 9,649 applications in 2025, of which 1,509 were originated and 3,451 denied.
35.8% of all applications, or 66.0% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Vanderbilt Mortgage and Finance originated in Tennessee in 2025 was 8.75%, against a statewide median of 6.62%.
About this data. Figures are Vanderbilt Mortgage and Finance'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