Smith County, Tennessee · 2025

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

158 lenders acted on 926 mortgage applications for properties in Smith County in 2025. 13.9% were denied (Tennessee: 17.1%). Median rate on closed loans 6.63%; median loan $235,000; median property value $345,000.

926Applications
13.9%Denial ratestate 17.1%
6.63%Median ratestate 6.62%
$235,000Median loan
$345,000Median property value

Largest lenders in Smith County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Citizens Bank A 8783 0.0%
2 Wilson Bank and Trust C 7354 5.5%6.99%
3 Rocket Mortgage C 6136 24.6%6.50%
4 United Shore Financial Services B 5038 4.0%6.10%
5 Mortgage Research Center C 3220 15.6%6.25%
6 Citizens Bank of Lafayette A 2727 0.0%7.50%
7 Success Mortgage Partners B 2220 0.0%6.63%
8 Freedom Mortgage B 216 9.5%6.56%
9 FirstBank C 1912 21.1%6.31%
10 Interlinc Mortgage Services B 1914 10.5%6.75%
11 21st Mortgage F 172 64.7%9.27%
12 American Pacific Mortgage C 1714 0.0%6.50%
13 Pennymac Loan Services C 168 6.3%5.87%
14 Farm Credit Mid-America D 1611 12.5%7.00%
15 AmeriSave Mortgage D 156 46.7%7.38%
16 Union Home Mortgage B 1511 6.7%6.63%
17 Vanderbilt Mortgage and Finance F 145 14.3%8.25%
18 Crosscountry Mortgage B 135 7.7%6.25%
19 CMG Mortgage A 137 0.0%7.38%
20 Newrez D 126 8.3%6.06%
21 Mortgage Investors Group B 117 0.0%6.63%
22 Lakeview Loan Servicing C 103 50.0%7.25%
23 Primis Mortgage B 108 0.0%6.50%
24 Guaranteed Rate B 92 11.1%7.03%
25 New Day Financial F 91 0.0%7.25%

Best approval odds in Smith County

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

#LenderDecidedDecision denial rate
1Citizens Bank860.0%
2Wilson Bank and Trust695.8%
3Rocket Mortgage5328.3%

What Smith County borrowers applied for

By loan purpose

Home purchase 403 44% · 8.7% denied
Refinance 204 22% · 13.2% denied
Cash-out refinance 179 19% · 22.9% denied
Home improvement 48 5% · 27.1% denied
Other / HELOC 92 10% · 14.1% denied

By loan type

Conventional 577 62% · 14.7% denied
FHA 193 21% · 13.0% denied
VA 132 14% · 13.6% denied
USDA / RHS 24 3% · 4.2% denied

Why applications were denied

Debt-to-income ratio 32 25%
Credit history 32 25%
Incomplete application 26 20%
Collateral 23 18%
Other 7 5%
Unverifiable information 6 5%
Insufficient cash 2 2%

Smith County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202385553214.6%6.98%$185,000
202481351914.2%6.88%$205,000
202592656713.9%6.63%$235,000

Frequently asked questions

13.9% of applications in Smith County were denied in 2025, against 17.1% statewide in Tennessee.

Citizens Bank, with 87 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in Smith County in 2025 was for $235,000; the median property value on originated loans was $345,000.