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Davidson County, Tennessee · 2025

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

701 lenders acted on 27,963 mortgage applications for properties in Davidson County in 2025. 16.4% were denied (Tennessee: 17.1%). Median rate on closed loans 6.58%; median loan $305,000; median property value $475,000.

28kApplications
16.4%Denial ratestate 17.1%
6.58%Median ratestate 6.62%
$305,000Median loan
$475,000Median property value

Largest lenders in Davidson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Regions Bank C 1,362640 33.8%4.99%
2 Rocket Mortgage C 1,261904 17.5%6.50%
3 United Shore Financial Services B 1,035729 13.4%6.13%
4 CMG Mortgage A 897581 3.1%6.63%
5 Pinnacle Bank B 880601 15.8%6.38%
6 Bank of America F 756333 29.9%5.99%
7 U.S. Bank D 649287 37.6%7.13%
8 Legacy Home Loans A 571484 0.4%6.50%
9 FirstBank C 568458 5.5%6.75%
10 Truist Bank C 565250 44.3%6.50%
11 Fifth Third Bank D 518247 34.0%7.80%
12 Guaranteed Rate B 511290 2.2%6.50%
13 Old National Bank B 478352 11.9%6.38%
14 Crosscountry Mortgage B 477303 5.0%6.75%
15 Pennymac Loan Services C 442221 15.4%6.25%
16 Ascend Federal Credit Union C 439250 21.9%7.30%
17 First Horizon Bank B 430278 23.3%6.88%
18 Loandepot.Com D 409252 21.0%4.99%
19 Cadence Bank B 404290 11.6%6.38%
20 JPMorgan Chase Bank B 398263 7.8%6.49%
21 Wilson Bank and Trust C 377264 10.6%6.99%
22 Freedom Mortgage B 334144 7.2%6.25%
23 Renasant Bank B 317201 11.7%6.38%
24 Coastal Community Bank C 29662 1.4%9.87%
25 Newrez D 284104 14.8%6.50%

Best approval odds in Davidson County

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

#LenderDecidedDecision denial rate
1Shelter Lending Services500.0%
2Highlands Residential Mortgage520.0%
3Legacy Home Loans4860.4%
4Primis Mortgage1941.0%
5Morgan Stanley Private Bank701.4%
6Guild Mortgage1141.8%
7Coastal Community Bank2171.8%
8Swbc Mortgage2152.8%
9Churchill Mortgage1663.0%
10Guaranteed Rate3073.6%

What Davidson County borrowers applied for

By loan purpose

Home purchase 12,981 46% · 7.5% denied
Refinance 4,677 17% · 16.5% denied
Cash-out refinance 4,499 16% · 20.7% denied
Home improvement 2,754 10% · 33.5% denied
Other / HELOC 3,052 11% · 32.1% denied

By loan type

Conventional 23,294 83% · 16.5% denied
FHA 3,383 12% · 16.4% denied
VA 1,263 5% · 13.2% denied
USDA / RHS 23 0% · 4.4% denied

Why applications were denied

Debt-to-income ratio 1,630 36%
Credit history 936 21%
Collateral 651 14%
Incomplete application 601 13%
Other 332 7%
Unverifiable information 218 5%
Insufficient cash 113 2%
Employment history 67 1%
Mortgage insurance denied 3 0%

Davidson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202326,32315,65517.8%6.88%$275,000
202426,40115,49717.6%6.88%$305,000
202527,96316,32916.4%6.58%$305,000

Frequently asked questions

16.4% of applications in Davidson County were denied in 2025, against 17.1% statewide in Tennessee.

Regions Bank, with 1,362 applications in 2025 and a denial rate of 33.8%.

The median mortgage application in Davidson County in 2025 was for $305,000; the median property value on originated loans was $475,000.