Veritas Funding in Tennessee vs the state
7.5%Denial rate-9.68 pts vs state
15.2%Decision denial rate-6.53 pts vs state
40.3%Origination rate-17.78 pts vs state
5.99%Median rate-0.63 pts vs state
0.33Rate spread (pts)+0.10 pts vs state
$68kMedian applicant income
27Loans originated
5Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 91 | 32 | 9.9% | 6.25% | #311 |
| 2024 | 113 | 37 | 11.5% | 6.25% | #282 |
| 2025 | 67 | 27 | 7.5% | 5.99% | #373 |
What Veritas Funding lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Veritas Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Davidson County | 7 | 3 | 0 | 0.0% |
| Knox County | 5 | 1 | 0 | 0.0% |
| Maury County | 4 | 2 | 1 | 25.0% |
| Rutherford County | 4 | 1 | 0 | 0.0% |
| Shelby County | 4 | 1 | 0 | 0.0% |
| Montgomery County | 4 | 2 | 0 | 0.0% |
| Hamilton County | 4 | 2 | 1 | 25.0% |
| Sevier County | 4 | 2 | 1 | 25.0% |
| Franklin County | 3 | 3 | 0 | 0.0% |
| Washington County | 2 | 0 | 0 | 0.0% |
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: 67 applications in 2025, of which 27 were originated and 5 denied.
7.5% of all applications, or 15.2% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Veritas Funding originated in Tennessee in 2025 was 5.99%, against a statewide median of 6.62%.
About this data. Figures are Veritas Funding'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