Wells Fargo Bank in Tennessee vs the state
16.2%Denial rate-0.92 pts vs state
22.6%Decision denial rate+0.96 pts vs state
55.4%Origination rate-2.64 pts vs state
6.38%Median rate-0.25 pts vs state
0.14Rate spread (pts)-0.09 pts vs state
$111kMedian applicant income
499Loans originated
146Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,572 | 756 | 22.6% | 6.13% | #41 |
| 2024 | 1,040 | 487 | 21.4% | 6.50% | #61 |
| 2025 | 900 | 499 | 16.2% | 6.38% | #72 |
What Wells Fargo Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Wells Fargo Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 120 | 56 | 24 | 20.0% |
| Davidson County | 113 | 55 | 27 | 23.9% |
| Williamson County | 74 | 52 | 5 | 6.8% |
| Knox County | 60 | 33 | 10 | 16.7% |
| Hamilton County | 45 | 27 | 6 | 13.3% |
| Montgomery County | 38 | 15 | 10 | 26.3% |
| Rutherford County | 37 | 23 | 3 | 8.1% |
| Sumner County | 31 | 21 | 6 | 19.4% |
| Wilson County | 24 | 13 | 4 | 16.7% |
| Blount County | 21 | 7 | 6 | 28.6% |
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: 900 applications in 2025, of which 499 were originated and 146 denied.
16.2% of all applications, or 22.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Wells Fargo Bank originated in Tennessee in 2025 was 6.38%, against a statewide median of 6.62%.
About this data. Figures are Wells Fargo 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