Zippy Loans in Tennessee vs the state
45.0%Denial rate+27.90 pts vs state
73.8%Decision denial rate+52.07 pts vs state
16.0%Origination rate-42.05 pts vs state
9.15%Median rate+2.53 pts vs state
0.04Rate spread (pts)-0.19 pts vs state
$60kMedian applicant income
21Loans originated
59Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 58 | 10 | 48.3% | 10.25% | #372 |
| 2025 | 131 | 21 | 45.0% | 9.15% | #278 |
What Zippy Loans lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Zippy Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Knox County | 27 | 8 | 11 | 40.7% |
| Montgomery County | 20 | 7 | 5 | 25.0% |
| Davidson County | 14 | 2 | 5 | 35.7% |
| Sevier County | 8 | 0 | 6 | 75.0% |
| Coffee County | 7 | 2 | 4 | 57.1% |
| Cumberland County | 5 | 1 | 2 | 40.0% |
| Blount County | 4 | 0 | 3 | 75.0% |
| Loudon County | 4 | 0 | 2 | 50.0% |
| Rutherford County | 2 | 0 | 2 | 100.0% |
| Hamilton County | 2 | 1 | 1 | 50.0% |
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: 131 applications in 2025, of which 21 were originated and 59 denied.
45.0% of all applications, or 73.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Zippy Loans originated in Tennessee in 2025 was 9.15%, against a statewide median of 6.62%.
About this data. Figures are Zippy 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