Waterstone Mortgage in Tennessee vs the state
8.1%Denial rate-9.00 pts vs state
11.3%Decision denial rate-10.39 pts vs state
64.0%Origination rate+5.87 pts vs state
6.75%Median rate+0.13 pts vs state
0.55Rate spread (pts)+0.32 pts vs state
$105kMedian applicant income
55Loans originated
7Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 93 | 60 | 2.2% | 6.63% | #308 |
| 2024 | 88 | 52 | 3.4% | 6.99% | #326 |
| 2025 | 86 | 55 | 8.1% | 6.75% | #348 |
What Waterstone Mortgage lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Waterstone Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Knox County | 14 | 11 | 0 | 0.0% |
| Blount County | 12 | 8 | 0 | 0.0% |
| Anderson County | 8 | 6 | 0 | 0.0% |
| Loudon County | 7 | 5 | 0 | 0.0% |
| Jefferson County | 5 | 4 | 0 | 0.0% |
| Davidson County | 4 | 3 | 0 | 0.0% |
| Montgomery County | 4 | 2 | 2 | 50.0% |
| Bedford County | 4 | 3 | 0 | 0.0% |
| Johnson County | 3 | 2 | 0 | 0.0% |
| Sevier County | 3 | 2 | 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: 86 applications in 2025, of which 55 were originated and 7 denied.
8.1% of all applications, or 11.3% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Waterstone Mortgage originated in Tennessee in 2025 was 6.75%, against a statewide median of 6.62%.
About this data. Figures are Waterstone Mortgage'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