Carter County, Tennessee · 2025

Mortgage lenders in Carter County, TN: denial rates and top lenders (2025)

178 lenders acted on 1,991 mortgage applications for properties in Carter County in 2025. 17.7% were denied (Tennessee: 17.1%). Median rate on closed loans 6.75%; median loan $165,000; median property value $265,000.

2.0kApplications
17.7%Denial ratestate 17.1%
6.75%Median ratestate 6.62%
$165,000Median loan
$265,000Median property value

Largest lenders in Carter County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Eastman Credit Union D 344227 22.4%7.50%
2 Vanderbilt Mortgage and Finance F 15819 24.7%9.99%
3 Movement Mortgage A 11681 4.3%6.75%
4 Rocket Mortgage C 10976 17.4%6.69%
5 Bank of Tennessee C 9656 20.8%7.00%
6 United Shore Financial Services B 9164 7.7%6.25%
7 Regions Bank C 5435 25.9%6.50%
8 Elizabethton Federal Savings Bank A 4341 0.0%
9 Northeast Community Credit Union 4141 0.0%6.99%
10 Cardinal Financial Company, Limited Partnership B 3827 7.9%6.88%
11 Freedom Mortgage B 3616 11.1%6.13%
12 Mortgage Research Center C 3618 19.4%6.19%
13 Broker Solutions D 3311 9.1%6.75%
14 Pennymac Loan Services C 279 7.4%6.00%
15 AmeriSave Mortgage D 272 77.8%7.44%
16 21st Mortgage F 2611 26.9%8.64%
17 Gvc Mortgage B 2316 0.0%6.38%
18 Loandepot.Com D 2212 18.2%6.12%
19 Mortgage Investors Group B 2015 15.0%6.63%
20 Coastal Community Bank C 203 5.0%10.74%
21 First Horizon Bank B 1713 17.7%6.75%
22 Citizens Bank B 1715 0.0%
23 Navy Federal Credit Union D 179 5.9%6.38%
24 Sierra Pacific Mortgage Company C 1714 17.7%6.50%
25 Guild Mortgage A 1611 12.5%6.25%

Best approval odds in Carter County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Movement Mortgage1024.9%
2United Shore Financial Services729.7%
3Rocket Mortgage9819.4%
4Eastman Credit Union31124.8%
5Bank of Tennessee7925.3%
6Regions Bank5226.9%
7Vanderbilt Mortgage and Finance6065.0%

What Carter County borrowers applied for

By loan purpose

Home purchase 949 48% · 12.5% denied
Refinance 231 12% · 10.0% denied
Cash-out refinance 407 20% · 21.6% denied
Home improvement 169 8% · 30.8% denied
Other / HELOC 235 12% · 30.2% denied

By loan type

Conventional 1,411 71% · 19.2% denied
FHA 335 17% · 16.1% denied
VA 217 11% · 12.9% denied
USDA / RHS 28 1% · 0.0% denied

Why applications were denied

Debt-to-income ratio 100 30%
Credit history 98 29%
Collateral 48 14%
Incomplete application 34 10%
Other 21 6%
Unverifiable information 20 6%
Insufficient cash 8 2%
Employment history 6 2%

Carter County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,71794519.9%6.99%$145,000
20241,8421,04018.8%6.99%$155,000
20251,9911,12417.7%6.75%$165,000

Frequently asked questions

17.7% of applications in Carter County were denied in 2025, against 17.1% statewide in Tennessee.

Eastman Credit Union, with 344 applications in 2025 and a denial rate of 22.4%.

The median mortgage application in Carter County in 2025 was for $165,000; the median property value on originated loans was $265,000.