Largest lenders in Decatur County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | FirstBank | C | 49 | 31 | 24.5% | 7.50% |
| 2 | CB&S Bank | C | 34 | 26 | 8.8% | 7.44% |
| 3 | Rocket Mortgage | C | 32 | 18 | 31.3% | 6.81% |
| 4 | Vanderbilt Mortgage and Finance | F | 32 | 8 | 34.4% | 8.75% |
| 5 | First Community Mortgage | A | 27 | 23 | 7.4% | 6.49% |
| 6 | Decatur County Bank | – | 19 | 19 | 0.0% | — |
| 7 | Mortgage Research Center | C | 13 | 3 | 30.8% | 6.25% |
| 8 | 21st Mortgage | F | 12 | 3 | 33.3% | 9.72% |
| 9 | Leaders Credit Union | C | 12 | 10 | 0.0% | 6.87% |
| 10 | Broker Solutions | D | 8 | 1 | 0.0% | 5.50% |
| 11 | Triad Financial Services | D | 8 | 1 | 37.5% | 8.10% |
| 12 | Freedom Mortgage | B | 7 | 0 | 42.9% | — |
| 13 | United Shore Financial Services | B | 7 | 5 | 28.6% | 6.42% |
| 14 | Coastal Community Bank | C | 7 | 1 | 14.3% | 13.49% |
| 15 | Pennymac Loan Services | C | 6 | 2 | 33.3% | 6.50% |
| 16 | Mortgage Investors Group | B | 6 | 5 | 0.0% | 6.49% |
| 17 | Spring Eq | D | 6 | 1 | 83.3% | 9.70% |
| 18 | Loandepot.Com | D | 6 | 1 | 50.0% | 5.38% |
| 19 | Regions Bank | C | 5 | 2 | 40.0% | 4.99% |
| 20 | Carroll Bank and Trust | A | 5 | 4 | 0.0% | — |
| 21 | Simmons Bank | C | 5 | 2 | 40.0% | 5.68% |
What Decatur County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Decatur County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 353 | 191 | 19.3% | 7.09% | $125,000 |
| 2024 | 431 | 238 | 21.1% | 6.75% | $135,000 |
| 2025 | 444 | 243 | 21.4% | 6.75% | $145,000 |
Frequently asked questions
21.4% of applications in Decatur County were denied in 2025, against 17.1% statewide in Tennessee.
FirstBank, with 49 applications in 2025 and a denial rate of 24.5%.
The median mortgage application in Decatur County in 2025 was for $145,000; the median property value on originated loans was $215,000.