Coffee County, Tennessee · 2025

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

234 lenders acted on 2,509 mortgage applications for properties in Coffee County in 2025. 16.3% were denied (Tennessee: 17.1%). Median rate on closed loans 6.63%; median loan $215,000; median property value $335,000.

2.5kApplications
16.3%Denial ratestate 17.1%
6.63%Median ratestate 6.62%
$215,000Median loan
$335,000Median property value

Largest lenders in Coffee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Ascend Federal Credit Union C 233150 13.7%7.00%
2 Rocket Mortgage C 202149 15.4%6.38%
3 CMG Mortgage A 11885 0.0%6.50%
4 United Shore Financial Services B 10976 12.8%6.00%
5 First Community Mortgage A 10176 4.0%6.50%
6 Mortgage Research Center C 8338 18.1%6.25%
7 FirstBank C 7456 12.2%7.50%
8 Freedom Mortgage B 7029 7.1%6.25%
9 Primis Mortgage B 6749 6.0%6.25%
10 Pennymac Loan Services C 5528 10.9%5.88%
11 21st Mortgage F 557 60.0%11.92%
12 Broker Solutions D 5026 16.0%6.50%
13 U.S. Bank D 4721 40.4%8.35%
14 Citizens Tri-County Bank C 4437 2.3%6.99%
15 Regions Bank C 4018 40.0%4.99%
16 AmeriSave Mortgage D 327 68.8%8.75%
17 first vision bank of tennessee 3227 3.1%
18 Crosscountry Mortgage B 3220 0.0%6.25%
19 Citizens Bank of Lafayette A 3131 0.0%7.50%
20 Newrez D 2913 13.8%6.38%
21 Navy Federal Credit Union D 2516 16.0%6.63%
22 SmartBank B 2420 4.2%7.37%
23 Vanderbilt Mortgage and Finance F 240 70.8%
24 Coastal Community Bank C 235 0.0%13.24%
25 Old National Bank B 229 40.9%6.25%

Best approval odds in Coffee County

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

#LenderDecidedDecision denial rate
1CMG Mortgage960.0%
2First Community Mortgage904.4%
3Primis Mortgage537.6%
4FirstBank6613.6%
5United Shore Financial Services9115.4%
6Rocket Mortgage18616.7%
7Ascend Federal Credit Union18717.1%
8Mortgage Research Center5328.3%

What Coffee County borrowers applied for

By loan purpose

Home purchase 1,074 43% · 10.5% denied
Refinance 420 17% · 9.8% denied
Cash-out refinance 614 24% · 22.6% denied
Home improvement 157 6% · 30.6% denied
Other / HELOC 244 10% · 27.5% denied

By loan type

Conventional 1,552 62% · 18.7% denied
FHA 518 21% · 12.4% denied
VA 388 15% · 12.4% denied
USDA / RHS 51 2% · 11.8% denied

Why applications were denied

Credit history 109 27%
Debt-to-income ratio 106 26%
Collateral 64 16%
Incomplete application 60 15%
Other 30 7%
Unverifiable information 16 4%
Insufficient cash 10 2%
Employment history 10 2%

Coffee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,1591,30917.3%6.99%$185,000
20242,1961,34016.1%6.75%$205,000
20252,5091,44816.3%6.63%$215,000

Frequently asked questions

16.3% of applications in Coffee County were denied in 2025, against 17.1% statewide in Tennessee.

Ascend Federal Credit Union, with 233 applications in 2025 and a denial rate of 13.7%.

The median mortgage application in Coffee County in 2025 was for $215,000; the median property value on originated loans was $335,000.