Y-12 Federal Credit Union · Tennessee · 2025

Y-12 Federal Credit Union in Tennessee: approval rate, denial rate and rates (2025)

Y-12 Federal Credit Union took 1,629 mortgage applications in Tennessee in 2025, ranking #45 of 1,274 lenders active in the state. It originated 59.2% of them and denied 30.6% (33.8% of the applications it decided), against a statewide denial rate of 17.1%.

1.6kApplicationsin TN
33.8%Decision denial ratestate 21.7%
7.25%Median ratestate 6.62%
$105,000Median loanstate $225,000
$189MVolume36 counties

Y-12 Federal Credit Union in Tennessee vs the state

30.6%Denial rate+13.49 pts vs state
33.8%Decision denial rate+12.10 pts vs state
59.2%Origination rate+1.16 pts vs state
7.25%Median rate+0.63 pts vs state
0.26Rate spread (pts)+0.03 pts vs state
$100kMedian applicant income
965Loans originated
499Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,6941,17522.1%7.49%#37
20241,8001,25218.7%8.25%#39
20251,62996530.6%7.25%#45

What Y-12 Federal Credit Union lends in Tennessee

By loan purpose

Home purchase 262 16% · 8.4% denied
Refinance 45 3% · 11.1% denied
Cash-out refinance 443 27% · 26.6% denied
Home improvement 529 32% · 31.6% denied
Other / HELOC 350 21% · 53.4% denied

By loan type

Conventional 1,628 100% · 30.6% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied Tennessee applicants

Credit history 164 33%
Collateral 115 23%
Debt-to-income ratio 108 22%
Incomplete application 97 19%
Employment history 7 1%
Insufficient cash 3 1%
Unverifiable information 3 1%
Other 2 0%

Where in Tennessee

Counties with the most Y-12 Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Knox County 529330147 27.8%
Anderson County 25914582 31.7%
Blount County 23815165 27.3%
Campbell County 1216445 37.2%
Roane County 1156636 31.3%
Sevier County 765020 26.3%
Loudon County 644314 21.9%
Morgan County 412713 31.7%
Claiborne County 271114 51.9%
Monroe County 231111 47.8%

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: 1,629 applications in 2025, of which 965 were originated and 499 denied.

30.6% of all applications, or 33.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Y-12 Federal Credit Union originated in Tennessee in 2025 was 7.25%, against a statewide median of 6.62%.

About this data. Figures are Y-12 Federal Credit Union'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