Morgan County, Tennessee · 2025

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

130 lenders acted on 820 mortgage applications for properties in Morgan County in 2025. 23.5% were denied (Tennessee: 17.1%). Median rate on closed loans 6.75%; median loan $155,000; median property value $275,000.

820Applications
23.5%Denial ratestate 17.1%
6.75%Median ratestate 6.62%
$155,000Median loan
$275,000Median property value

Largest lenders in Morgan County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 1009 37.0%9.25%
2 Rocket Mortgage C 5235 21.2%6.63%
3 Y-12 Federal Credit Union C 4127 31.7%7.25%
4 21st Mortgage F 398 48.7%9.36%
5 One Bank of Tennessee B 3027 6.7%7.55%
6 Ornl C 2815 7.1%7.75%
7 United Shore Financial Services B 2617 3.9%6.13%
8 Mortgage Research Center C 2214 9.1%6.19%
9 Mortgage Investors Group B 1913 0.0%6.49%
10 Credit Human Federal Credit Union D 190 89.5%
11 SmartBank B 1913 15.8%7.50%
12 Regions Bank C 187 55.6%6.88%
13 Knoxville Tva Employees Credit Union A 1611 6.3%6.38%
14 FirstBank C 150 66.7%
15 Movement Mortgage A 1510 0.0%6.44%
16 Southwest Stage Funding F 155 0.0%6.38%
17 AmeriSave Mortgage D 143 71.4%6.63%
18 Farm Credit Mid-America D 1410 7.1%7.00%
19 Crosscountry Mortgage B 136 7.7%6.41%
20 Broker Solutions D 134 0.0%7.19%
21 American Financial Resources B 1310 7.7%6.38%
22 Enrichment B 128 8.3%6.81%
23 Triad Financial Services D 90 55.6%
24 Coastal Community Bank C 95 0.0%13.49%
25 Stockton Mortgage D 85 12.5%6.50%

What Morgan County borrowers applied for

By loan purpose

Home purchase 432 53% · 25.5% denied
Refinance 122 15% · 12.3% denied
Cash-out refinance 142 17% · 20.4% denied
Home improvement 62 8% · 35.5% denied
Other / HELOC 62 8% · 27.4% denied

By loan type

Conventional 581 71% · 28.6% denied
FHA 150 18% · 16.0% denied
VA 68 8% · 4.4% denied
USDA / RHS 21 3% · 0.0% denied

Why applications were denied

Credit history 81 42%
Debt-to-income ratio 36 19%
Collateral 22 11%
Unverifiable information 20 10%
Incomplete application 17 9%
Other 10 5%
Insufficient cash 6 3%
Employment history 1 1%

Morgan County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202374534327.3%7.00%$125,000
202475236225.9%7.00%$155,000
202582038923.5%6.75%$155,000

Frequently asked questions

23.5% of applications in Morgan County were denied in 2025, against 17.1% statewide in Tennessee.

Vanderbilt Mortgage and Finance, with 100 applications in 2025 and a denial rate of 37.0%.

The median mortgage application in Morgan County in 2025 was for $155,000; the median property value on originated loans was $275,000.