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McMinn County, Tennessee · 2025

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

217 lenders acted on 2,496 mortgage applications for properties in McMinn County in 2025. 20.6% were denied (Tennessee: 17.1%). Median rate on closed loans 6.50%; median loan $185,000; median property value $295,000.

2.5kApplications
20.6%Denial ratestate 17.1%
6.50%Median ratestate 6.62%
$185,000Median loan
$295,000Median property value

Largest lenders in McMinn County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 24034 40.0%8.87%
2 Rocket Mortgage C 162109 24.7%6.50%
3 Old National Bank B 13097 13.9%6.10%
4 United Shore Financial Services B 11387 6.2%6.13%
5 Regions Bank C 7927 49.4%6.13%
6 Mortgage Investors Group B 7253 2.8%6.49%
7 Mortgage Research Center C 6738 11.9%6.38%
8 Tennessee Valley FCU D 6536 29.2%6.63%
9 Dhi Mortgage Company B 6449 1.6%6.25%
10 Freedom Mortgage B 6223 16.1%6.25%
11 Simmons Bank C 6045 16.7%6.38%
12 21st Mortgage F 5914 37.3%9.67%
13 CMG Mortgage A 5542 5.5%6.38%
14 Truist Bank C 4929 26.5%6.49%
15 Pennymac Loan Services C 4619 13.0%5.88%
16 FirstBank C 4210 61.9%6.69%
17 SouthEast Bank A 3526 14.3%7.50%
18 AmeriSave Mortgage D 347 67.7%7.00%
19 First Community Mortgage A 3123 6.5%6.75%
20 Broker Solutions D 3113 9.7%6.75%
21 Builtwell Bank C 2924 10.3%—
22 Spring Eq D 289 50.0%9.18%
23 Farm Credit Mid-America D 2825 7.1%7.00%
24 New Day Financial F 275 22.2%6.49%
25 American Pacific Mortgage C 2718 22.2%6.50%

Best approval odds in McMinn County

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

#LenderDecidedDecision denial rate
1Dhi Mortgage Company502.0%
2Mortgage Investors Group553.6%
3CMG Mortgage506.0%
4United Shore Financial Services977.2%
5Old National Bank11715.4%
6Simmons Bank5518.2%
7Rocket Mortgage15426.0%
8Tennessee Valley FCU5534.6%
9Regions Bank7154.9%
10Vanderbilt Mortgage and Finance13571.1%

What McMinn County borrowers applied for

By loan purpose

Home purchase 1,264 51% · 17.3% denied
Refinance 349 14% · 15.2% denied
Cash-out refinance 459 18% · 23.8% denied
Home improvement 189 8% · 30.7% denied
Other / HELOC 235 9% · 32.3% denied

By loan type

Conventional 1,631 65% · 23.9% denied
FHA 486 19% · 18.3% denied
VA 323 13% · 10.2% denied
USDA / RHS 56 2% · 5.4% denied

Why applications were denied

Credit history 135 26%
Debt-to-income ratio 126 25%
Collateral 86 17%
Unverifiable information 67 13%
Incomplete application 58 11%
Other 25 5%
Insufficient cash 10 2%
Employment history 3 1%

McMinn County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,2211,15021.5%6.88%$165,000
20242,3431,21123.9%6.75%$165,000
20252,4961,30920.6%6.50%$185,000

Frequently asked questions

20.6% of applications in McMinn County were denied in 2025, against 17.1% statewide in Tennessee.

Vanderbilt Mortgage and Finance, with 240 applications in 2025 and a denial rate of 40.0%.

The median mortgage application in McMinn County in 2025 was for $185,000; the median property value on originated loans was $295,000.