Largest lenders in Lawrence County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Fairway Independent Mortgage | B | 182 | 119 | 0.6% | 6.38% |
| 2 | First Farmers and Merchants Bank | B | 118 | 98 | 12.7% | 7.50% |
| 3 | Rocket Mortgage | C | 104 | 80 | 16.4% | 6.63% |
| 4 | 21st Mortgage | F | 55 | 17 | 40.0% | 9.62% |
| 5 | Heritage Bank & Trust | C | 53 | 39 | 13.2% | — |
| 6 | United Shore Financial Services | B | 46 | 32 | 8.7% | 6.00% |
| 7 | Vanderbilt Mortgage and Finance | F | 46 | 6 | 50.0% | 9.38% |
| 8 | First Horizon Bank | B | 44 | 22 | 43.2% | 7.29% |
| 9 | Fortera Federal Credit Union | D | 41 | 21 | 22.0% | 7.75% |
| 10 | Truist Bank | C | 38 | 18 | 44.7% | 6.65% |
| 11 | Mortgage Research Center | C | 36 | 17 | 16.7% | 6.25% |
| 12 | Freedom Mortgage | B | 33 | 12 | 12.1% | 6.44% |
| 13 | Renasant Bank | B | 33 | 25 | 3.0% | 5.99% |
| 14 | FirstBank | C | 30 | 27 | 3.3% | 6.63% |
| 15 | First Community Mortgage | A | 28 | 22 | 3.6% | 6.25% |
| 16 | Pennymac Loan Services | C | 26 | 14 | 7.7% | 5.63% |
| 17 | Old National Bank | B | 25 | 17 | 28.0% | 6.24% |
| 18 | CMG Mortgage | A | 23 | 19 | 0.0% | 6.63% |
| 19 | Broker Solutions | D | 23 | 9 | 21.7% | 6.50% |
| 20 | Coastal Community Bank | C | 19 | 6 | 0.0% | 12.74% |
| 21 | Bank of Frankewing | C | 19 | 15 | 5.3% | — |
| 22 | Crosscountry Mortgage | B | 17 | 8 | 5.9% | 6.63% |
| 23 | Farm Credit Mid-America | D | 17 | 13 | 0.0% | 7.25% |
| 24 | Builtwell Bank | C | 16 | 11 | 25.0% | — |
| 25 | United Community Bank | B | 14 | 11 | 7.1% | 6.50% |
Best approval odds in Lawrence County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Fairway Independent Mortgage | 120 | 0.8% |
| 2 | First Farmers and Merchants Bank | 115 | 13.0% |
| 3 | Rocket Mortgage | 97 | 17.5% |
What Lawrence County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Lawrence County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,347 | 804 | 17.7% | 6.88% | $155,000 |
| 2024 | 1,414 | 839 | 18.3% | 6.75% | $185,000 |
| 2025 | 1,634 | 981 | 16.4% | 6.63% | $195,000 |
Frequently asked questions
16.4% of applications in Lawrence County were denied in 2025, against 17.1% statewide in Tennessee.
Fairway Independent Mortgage, with 182 applications in 2025 and a denial rate of 0.6%.
The median mortgage application in Lawrence County in 2025 was for $195,000; the median property value on originated loans was $295,000.