Lauderdale County, Tennessee · 2025

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

103 lenders acted on 706 mortgage applications for properties in Lauderdale County in 2025. 21.8% were denied (Tennessee: 17.1%). Median rate on closed loans 6.63%; median loan $135,000; median property value $195,000.

706Applications
21.8%Denial ratestate 17.1%
6.63%Median ratestate 6.62%
$135,000Median loan
$195,000Median property value

Largest lenders in Lauderdale County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Fairway Independent Mortgage B 8159 11.1%6.63%
2 Vanderbilt Mortgage and Finance F 745 41.9%9.25%
3 Regions Bank C 4718 51.1%6.38%
4 Leaders Credit Union C 3919 33.3%6.50%
5 BankTennessee 3129 3.2%
6 Cadence Bank B 2917 13.8%6.38%
7 Rocket Mortgage C 2820 21.4%6.50%
8 Security Bank and Trust C 2716 3.7%
9 21st Mortgage F 258 40.0%9.43%
10 Mortgage Research Center C 2211 22.7%6.13%
11 First Citizens National Bank C 2013 15.0%7.15%
12 Kiavi Funding D 182 0.0%10.74%
13 Crosscountry Mortgage B 149 7.1%6.63%
14 First Community Mortgage A 1310 7.7%6.49%
15 United Shore Financial Services B 128 16.7%6.31%
16 Freedom Mortgage B 113 0.0%6.25%
17 Pennymac Loan Services C 107 10.0%6.49%
18 AmeriSave Mortgage D 102 70.0%7.00%
19 New Day Financial F 93 11.1%6.49%
20 Unnamed lender 984500RF83EA742B5589 C 87 0.0%6.93%
21 FirstBank C 81 37.5%8.26%
22 Farm Credit Mid-America D 74 0.0%6.81%
23 Mortgage Investors Group B 66 0.0%6.63%
24 Bank3 A 65 16.7%
25 Navy Federal Credit Union D 62 16.7%9.52%

Best approval odds in Lauderdale County

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

#LenderDecidedDecision denial rate
1Fairway Independent Mortgage6813.2%

What Lauderdale County borrowers applied for

By loan purpose

Home purchase 399 57% · 19.1% denied
Refinance 100 14% · 16.0% denied
Cash-out refinance 118 17% · 19.5% denied
Home improvement 47 7% · 42.6% denied
Other / HELOC 42 6% · 45.2% denied

By loan type

Conventional 450 64% · 25.8% denied
FHA 165 23% · 13.9% denied
VA 60 8% · 13.3% denied
USDA / RHS 31 4% · 22.6% denied

Why applications were denied

Credit history 61 40%
Debt-to-income ratio 35 23%
Collateral 22 15%
Unverifiable information 14 9%
Other 7 5%
Incomplete application 6 4%
Insufficient cash 4 3%
Employment history 2 1%

Lauderdale County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202365731127.7%6.75%$115,000
202468334724.6%6.75%$115,000
202570634521.8%6.63%$135,000

Frequently asked questions

21.8% of applications in Lauderdale County were denied in 2025, against 17.1% statewide in Tennessee.

Fairway Independent Mortgage, with 81 applications in 2025 and a denial rate of 11.1%.

The median mortgage application in Lauderdale County in 2025 was for $135,000; the median property value on originated loans was $195,000.