Largest lenders in Henry County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | FirstBank | C | 135 | 96 | 13.3% | 7.00% |
| 2 | Carroll Bank and Trust | A | 129 | 123 | 0.0% | — |
| 3 | Commercial Bank & Trust | B | 88 | 66 | 19.3% | — |
| 4 | Rocket Mortgage | C | 83 | 56 | 20.5% | 6.63% |
| 5 | Vanderbilt Mortgage and Finance | F | 76 | 12 | 26.3% | 9.50% |
| 6 | Regions Bank | C | 70 | 41 | 30.0% | 6.75% |
| 7 | First Community Mortgage | A | 48 | 44 | 4.2% | 6.19% |
| 8 | United Shore Financial Services | B | 40 | 26 | 20.0% | 6.13% |
| 9 | Cardinal Financial Company, Limited Partnership | B | 36 | 33 | 2.8% | 6.69% |
| 10 | Mortgage Research Center | C | 36 | 13 | 27.8% | 6.25% |
| 11 | 21st Mortgage | F | 29 | 4 | 37.9% | 9.78% |
| 12 | Broker Solutions | D | 27 | 8 | 3.7% | 7.49% |
| 13 | Security Bank and Trust | C | 23 | 14 | 17.4% | — |
| 14 | Mckenzie Banking | – | 23 | 11 | 21.7% | — |
| 15 | Navy Federal Credit Union | D | 18 | 8 | 16.7% | 6.25% |
| 16 | New Day Financial | F | 17 | 4 | 35.3% | 7.12% |
| 17 | Newrez | D | 17 | 4 | 11.8% | 6.75% |
| 18 | AmeriSave Mortgage | D | 16 | 3 | 56.3% | 6.25% |
| 19 | Pennymac Loan Services | C | 15 | 8 | 13.3% | 6.13% |
| 20 | Freedom Mortgage | B | 14 | 6 | 7.1% | 6.25% |
| 21 | Leaders Credit Union | C | 12 | 10 | 16.7% | 6.81% |
| 22 | Equity Prime Mortgage | D | 11 | 5 | 9.1% | 6.50% |
| 23 | CMG Mortgage | A | 11 | 6 | 0.0% | 6.75% |
| 24 | Centennial Bank | B | 10 | 8 | 0.0% | — |
| 25 | GoodLeap | C | 10 | 6 | 10.0% | 6.13% |
Best approval odds in Henry County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Carroll Bank and Trust | 123 | 0.0% |
| 2 | FirstBank | 121 | 14.9% |
| 3 | Commercial Bank & Trust | 83 | 20.5% |
| 4 | Rocket Mortgage | 75 | 22.7% |
| 5 | Regions Bank | 65 | 32.3% |
What Henry County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Henry County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,069 | 640 | 19.1% | 7.13% | $125,000 |
| 2024 | 1,212 | 651 | 21.0% | 6.99% | $125,000 |
| 2025 | 1,361 | 809 | 17.4% | 6.75% | $145,000 |
Frequently asked questions
17.4% of applications in Henry County were denied in 2025, against 17.1% statewide in Tennessee.
FirstBank, with 135 applications in 2025 and a denial rate of 13.3%.
The median mortgage application in Henry County in 2025 was for $145,000; the median property value on originated loans was $255,000.