Chester County, Tennessee · 2025

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

114 lenders acted on 688 mortgage applications for properties in Chester County in 2025. 18.3% were denied (Tennessee: 17.1%). Median rate on closed loans 6.50%; median loan $155,000; median property value $255,000.

688Applications
18.3%Denial ratestate 17.1%
6.50%Median ratestate 6.62%
$155,000Median loan
$255,000Median property value

Largest lenders in Chester County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Leaders Credit Union C 7758 14.3%6.49%
2 Vanderbilt Mortgage and Finance F 509 30.0%9.75%
3 Regions Bank C 4824 35.4%4.99%
4 FirstBank C 4829 20.8%7.00%
5 Centennial Bank B 3427 5.9%
6 Rocket Mortgage C 3023 16.7%6.75%
7 Mortgage Research Center C 2413 20.8%6.25%
8 21st Mortgage F 201 50.0%11.00%
9 United Shore Financial Services B 2013 20.0%6.00%
10 First Community Mortgage A 1816 0.0%5.88%
11 The Peoples Bank 1812 22.2%
12 Pennymac Loan Services C 144 35.7%6.31%
13 Community Bank C 1414 0.0%
14 Simmons Bank C 129 8.3%6.13%
15 Legends Bank B 115 0.0%6.25%
16 Freedom Mortgage B 105 0.0%6.13%
17 The Bank of Fayette County B 109 0.0%
18 Cadence Bank B 97 22.2%7.50%
19 CB&S Bank C 84 37.5%6.25%
20 Newrez D 85 0.0%6.25%
21 AmeriSave Mortgage D 61 66.7%10.13%
22 Crosscountry Mortgage B 62 0.0%6.85%
23 New Day Financial F 60 66.7%
24 Nationstar Mortgage C 64 16.7%6.74%
25 Farm Credit Mid-America D 65 0.0%7.13%

Best approval odds in Chester County

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

#LenderDecidedDecision denial rate
1Leaders Credit Union7015.7%

What Chester County borrowers applied for

By loan purpose

Home purchase 351 51% · 15.7% denied
Refinance 107 16% · 12.2% denied
Cash-out refinance 103 15% · 27.2% denied
Home improvement 61 9% · 31.2% denied
Other / HELOC 66 10% · 16.7% denied

By loan type

Conventional 476 69% · 19.3% denied
FHA 115 17% · 16.5% denied
VA 81 12% · 18.5% denied
USDA / RHS 16 2% · 0.0% denied

Why applications were denied

Credit history 45 38%
Debt-to-income ratio 28 23%
Collateral 19 16%
Incomplete application 9 8%
Unverifiable information 7 6%
Other 6 5%
Insufficient cash 3 3%
Employment history 3 3%

Chester County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202351728920.7%6.99%$135,000
202459531320.2%6.88%$135,000
202568838318.3%6.50%$155,000

Frequently asked questions

18.3% of applications in Chester County were denied in 2025, against 17.1% statewide in Tennessee.

Leaders Credit Union, with 77 applications in 2025 and a denial rate of 14.3%.

The median mortgage application in Chester County in 2025 was for $155,000; the median property value on originated loans was $255,000.