Roane County, Tennessee · 2025

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

264 lenders acted on 3,000 mortgage applications for properties in Roane County in 2025. 16.6% were denied (Tennessee: 17.1%). Median rate on closed loans 6.63%; median loan $205,000; median property value $345,000.

3.0kApplications
16.6%Denial ratestate 17.1%
6.63%Median ratestate 6.62%
$205,000Median loan
$345,000Median property value

Largest lenders in Roane County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 23628 37.3%9.25%
2 Rocket Mortgage C 190148 12.1%6.50%
3 Mortgage Investors Group B 180129 4.4%6.63%
4 Ornl C 15484 14.3%7.00%
5 United Shore Financial Services B 12895 7.0%6.25%
6 Y-12 Federal Credit Union C 11566 31.3%7.25%
7 Regions Bank C 9848 34.7%4.99%
8 Knoxville Tva Employees Credit Union A 8665 4.7%5.99%
9 Mortgage Research Center C 7231 16.7%6.38%
10 Freedom Mortgage B 6733 11.9%6.25%
11 Pennymac Loan Services C 5731 7.0%5.99%
12 United Community Bank B 5231 32.7%6.38%
13 U.S. Bank D 4326 25.6%7.90%
14 Movement Mortgage A 4327 2.3%6.53%
15 Fairway Independent Mortgage B 3923 7.7%6.43%
16 Enrichment B 3835 5.3%6.50%
17 Gateway First Bank B 3826 2.6%6.63%
18 Knoxville Teachers Federal Credit Union A 3635 0.0%7.24%
19 Newrez D 3621 11.1%6.63%
20 Broker Solutions D 3317 12.1%6.63%
21 Crosscountry Mortgage B 3216 9.4%6.69%
22 Dhi Mortgage Company B 3017 6.7%5.99%
23 American Financial Resources B 2925 0.0%6.25%
24 Navy Federal Credit Union D 2716 3.7%7.45%
25 First Horizon Bank B 2514 28.0%7.32%

Best approval odds in Roane County

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

What Roane County borrowers applied for

By loan purpose

Home purchase 1,471 49% · 14.6% denied
Refinance 400 13% · 12.5% denied
Cash-out refinance 603 20% · 17.1% denied
Home improvement 271 9% · 23.6% denied
Other / HELOC 255 9% · 25.9% denied

By loan type

Conventional 2,070 69% · 19.2% denied
FHA 540 18% · 11.5% denied
VA 344 11% · 10.2% denied
USDA / RHS 46 2% · 8.7% denied

Why applications were denied

Credit history 167 34%
Debt-to-income ratio 113 23%
Collateral 75 15%
Incomplete application 57 12%
Unverifiable information 48 10%
Other 19 4%
Insufficient cash 10 2%
Employment history 5 1%

Roane County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,4541,32321.2%6.88%$165,000
20242,7351,50418.0%6.88%$195,000
20253,0001,72916.6%6.63%$205,000

Frequently asked questions

16.6% of applications in Roane County were denied in 2025, against 17.1% statewide in Tennessee.

Vanderbilt Mortgage and Finance, with 236 applications in 2025 and a denial rate of 37.3%.

The median mortgage application in Roane County in 2025 was for $205,000; the median property value on originated loans was $345,000.