Zillow Home Loans in Tennessee vs the state
3.2%Denial rate-13.94 pts vs state
4.6%Decision denial rate-17.04 pts vs state
64.8%Origination rate+6.76 pts vs state
6.63%Median rate0.00 pts vs state
0.40Rate spread (pts)+0.17 pts vs state
$83kMedian applicant income
142Loans originated
7Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 153 | 104 | 10.5% | 6.75% | #229 |
| 2024 | 182 | 128 | 7.7% | 6.63% | #217 |
| 2025 | 219 | 142 | 3.2% | 6.63% | #203 |
What Zillow Home Loans lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Zillow Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 25 | 18 | 1 | 4.0% |
| Hamilton County | 19 | 14 | 0 | 0.0% |
| Davidson County | 19 | 14 | 0 | 0.0% |
| Knox County | 16 | 10 | 0 | 0.0% |
| Montgomery County | 10 | 6 | 0 | 0.0% |
| Anderson County | 9 | 6 | 0 | 0.0% |
| Rutherford County | 9 | 3 | 0 | 0.0% |
| Sullivan County | 6 | 3 | 1 | 16.7% |
| Bradley County | 5 | 3 | 0 | 0.0% |
| Roane County | 5 | 4 | 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: 219 applications in 2025, of which 142 were originated and 7 denied.
3.2% of all applications, or 4.6% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Zillow Home Loans originated in Tennessee in 2025 was 6.63%, against a statewide median of 6.62%.
About this data. Figures are Zillow Home Loans'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