Velocity Commercial Capital · Tennessee · 2025

Velocity Commercial Capital in Tennessee: approval rate, denial rate and rates (2025)

Velocity Commercial Capital took 134 mortgage applications in Tennessee in 2025, ranking #272 of 1,274 lenders active in the state. It originated 53.0% of them and denied 0.8% (1.3% of the applications it decided), against a statewide denial rate of 17.1%.

134Applicationsin TN
1.3%Decision denial ratestate 21.7%
9.87%Median ratestate 6.62%
$185,000Median loanstate $225,000
$18MVolume30 counties

Velocity Commercial Capital in Tennessee vs the state

0.8%Denial rate-16.39 pts vs state
1.3%Decision denial rate-20.35 pts vs state
53.0%Origination rate-5.09 pts vs state
9.87%Median rate+3.24 pts vs state
Rate spread (pts)
Median applicant income
71Loans originated
1Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
202379442.5%10.74%#327
2024105532.9%10.74%#296
2025134710.8%9.87%#272

What Velocity Commercial Capital lends in Tennessee

By loan purpose

Home purchase 20 15% · 0.0% denied
Refinance 13 10% · 0.0% denied
Cash-out refinance 101 75% · 1.0% denied

By loan type

Conventional 134 100% · 0.8% denied

Why it denied Tennessee applicants

Credit history 1 100%

Where in Tennessee

Counties with the most Velocity Commercial Capital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shelby County 45270 0.0%
Davidson County 23110 0.0%
Knox County 1070 0.0%
Hamilton County 740 0.0%
Madison County 630 0.0%
Sevier County 520 0.0%
Sullivan County 320 0.0%
Sumner County 310 0.0%
Montgomery County 310 0.0%
Washington County 211 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: 134 applications in 2025, of which 71 were originated and 1 denied.

0.8% of all applications, or 1.3% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Velocity Commercial Capital originated in Tennessee in 2025 was 9.87%, against a statewide median of 6.62%.

About this data. Figures are Velocity Commercial Capital'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