Sullivan County, Tennessee · 2025

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

313 lenders acted on 7,179 mortgage applications for properties in Sullivan County in 2025. 17.0% were denied (Tennessee: 17.1%). Median rate on closed loans 6.75%; median loan $175,000; median property value $285,000.

7.2kApplications
17.0%Denial ratestate 17.1%
6.75%Median ratestate 6.62%
$175,000Median loan
$285,000Median property value

Largest lenders in Sullivan County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Eastman Credit Union D 1,5371,014 19.4%7.25%
2 Rocket Mortgage C 376261 17.8%6.50%
3 Vanderbilt Mortgage and Finance F 33237 38.0%9.75%
4 United Shore Financial Services B 326227 8.6%6.12%
5 Movement Mortgage A 277192 2.5%6.75%
6 Regions Bank C 189101 31.8%4.99%
7 Mortgage Research Center C 17787 14.1%6.25%
8 Dhi Mortgage Company B 177134 7.3%5.99%
9 Mortgage Investors Group B 14096 3.6%6.50%
10 First Horizon Bank B 12976 31.8%7.25%
11 Cardinal Financial Company, Limited Partnership B 12791 13.4%6.75%
12 Freedom Mortgage B 11756 6.8%6.25%
13 Pennymac Loan Services C 10143 8.9%5.99%
14 Gvc Mortgage B 10172 5.9%6.50%
15 21st Mortgage F 9228 37.0%9.40%
16 Broker Solutions D 8843 6.8%6.63%
17 Bank of Tennessee C 8659 12.8%6.88%
18 First Bancorp B 8570 4.7%7.50%
19 Ark-La-Tex Financial Services, LLC. A 7854 0.0%6.63%
20 Truist Bank C 7741 27.3%6.70%
21 Newrez D 6628 15.2%6.50%
22 Ross Mortgage B 6443 6.3%6.63%
23 Navy Federal Credit Union D 6328 17.5%6.25%
24 Coastal Community Bank C 6116 0.0%12.37%
25 Everett Financial C 6042 5.0%6.88%

Best approval odds in Sullivan County

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

What Sullivan County borrowers applied for

By loan purpose

Home purchase 3,593 50% · 12.5% denied
Refinance 835 12% · 12.3% denied
Cash-out refinance 1,337 19% · 21.5% denied
Home improvement 644 9% · 23.5% denied
Other / HELOC 770 11% · 29.2% denied

By loan type

Conventional 5,103 71% · 18.4% denied
FHA 1,237 17% · 15.3% denied
VA 821 11% · 10.6% denied
USDA / RHS 18 0% · 16.7% denied

Why applications were denied

Debt-to-income ratio 405 34%
Credit history 322 27%
Collateral 138 12%
Incomplete application 115 10%
Other 92 8%
Unverifiable information 69 6%
Employment history 33 3%
Insufficient cash 20 2%

Sullivan County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20235,9513,51818.4%6.99%$145,000
20246,4113,80317.4%6.99%$165,000
20257,1794,20517.0%6.75%$175,000

Frequently asked questions

17.0% of applications in Sullivan County were denied in 2025, against 17.1% statewide in Tennessee.

Eastman Credit Union, with 1,537 applications in 2025 and a denial rate of 19.4%.

The median mortgage application in Sullivan County in 2025 was for $175,000; the median property value on originated loans was $285,000.