Largest lenders in Carroll County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Carroll Bank and Trust | A | 173 | 162 | 2.9% | — |
| 2 | FirstBank | C | 109 | 68 | 24.8% | 7.50% |
| 3 | Vanderbilt Mortgage and Finance | F | 87 | 9 | 36.8% | 9.25% |
| 4 | Regions Bank | C | 80 | 40 | 35.0% | 4.99% |
| 5 | Rocket Mortgage | C | 65 | 52 | 12.3% | 6.50% |
| 6 | First Community Mortgage | A | 61 | 45 | 8.2% | 6.25% |
| 7 | 21st Mortgage | F | 47 | 5 | 48.9% | 8.89% |
| 8 | Mortgage Research Center | C | 37 | 18 | 21.6% | 6.44% |
| 9 | United Shore Financial Services | B | 32 | 20 | 18.8% | 6.45% |
| 10 | Leaders Credit Union | C | 32 | 20 | 18.8% | 6.49% |
| 11 | Centennial Bank | B | 29 | 25 | 0.0% | — |
| 12 | Broker Solutions | D | 19 | 5 | 21.1% | 7.00% |
| 13 | AmeriSave Mortgage | D | 16 | 6 | 62.5% | 6.06% |
| 14 | Simmons Bank | C | 16 | 10 | 25.0% | 6.25% |
| 15 | Pennymac Loan Services | C | 15 | 10 | 6.7% | 5.93% |
| 16 | Freedom Mortgage | B | 15 | 9 | 13.3% | 6.13% |
| 17 | Nationstar Mortgage | C | 13 | 10 | 7.7% | 7.06% |
| 18 | Navy Federal Credit Union | D | 13 | 3 | 15.4% | 5.88% |
| 19 | Crosscountry Mortgage | B | 12 | 3 | 0.0% | 7.25% |
| 20 | Cardinal Financial Company, Limited Partnership | B | 12 | 9 | 0.0% | 6.56% |
| 21 | Southwest Stage Funding | F | 11 | 4 | 9.1% | 8.10% |
| 22 | Johnsonville Tva Employees Credit Union | – | 10 | 2 | 80.0% | 6.75% |
| 23 | Triad Financial Services | D | 10 | 0 | 60.0% | — |
| 24 | Loandepot.Com | D | 10 | 4 | 50.0% | 6.69% |
| 25 | Coastal Community Bank | C | 10 | 2 | 0.0% | 15.12% |
Best approval odds in Carroll County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Carroll Bank and Trust | 167 | 3.0% |
| 2 | First Community Mortgage | 60 | 8.3% |
| 3 | Rocket Mortgage | 61 | 13.1% |
| 4 | FirstBank | 101 | 26.7% |
| 5 | Regions Bank | 74 | 37.8% |
What Carroll County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Carroll County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 913 | 539 | 19.7% | 7.13% | $105,000 |
| 2024 | 1,027 | 619 | 18.9% | 6.99% | $115,000 |
| 2025 | 1,191 | 684 | 19.1% | 6.63% | $125,000 |
Frequently asked questions
19.1% of applications in Carroll County were denied in 2025, against 17.1% statewide in Tennessee.
Carroll Bank and Trust, with 173 applications in 2025 and a denial rate of 2.9%.
The median mortgage application in Carroll County in 2025 was for $125,000; the median property value on originated loans was $215,000.