Sumner County, Tennessee · 2025

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

440 lenders acted on 10,466 mortgage applications for properties in Sumner County in 2025. 14.2% were denied (Tennessee: 17.1%). Median rate on closed loans 6.50%; median loan $295,000; median property value $455,000.

10kApplications
14.2%Denial ratestate 17.1%
6.50%Median ratestate 6.62%
$295,000Median loan
$455,000Median property value

Largest lenders in Sumner County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 639459 15.7%6.75%
2 United Shore Financial Services B 602459 10.0%6.12%
3 CMG Mortgage A 393292 1.5%6.50%
4 Regions Bank C 328162 32.0%4.99%
5 Freedom Mortgage B 191105 7.3%6.25%
6 U.S. Bank D 18992 33.3%8.10%
7 Bank of America F 18592 28.7%5.99%
8 Crosscountry Mortgage B 185120 2.7%6.63%
9 Pennymac Loan Services C 18282 12.6%6.00%
10 Mortgage Research Center C 18065 17.2%6.25%
11 Vanderbilt Mortgage and Finance F 17897 16.3%6.25%
12 NVR Mortgage Finance B 176129 21.6%6.00%
13 The Farmers Bank A 173142 5.2%7.75%
14 Wilson Bank and Trust C 165107 13.9%6.99%
15 Ascend Federal Credit Union C 161103 16.2%7.50%
16 Fairway Independent Mortgage B 15297 7.9%6.49%
17 Dhi Mortgage Company B 152102 7.2%5.75%
18 First Horizon Bank B 15199 26.5%7.26%
19 Volunteer State Bank B 149122 12.8%
20 Pinnacle Bank B 14691 15.1%6.63%
21 Loandepot.Com D 146117 10.3%6.13%
22 Firsttrust Home Loans B 136117 0.0%6.49%
23 Fifth Third Bank D 13374 24.8%7.69%
24 Spring Eq D 13144 48.1%8.26%
25 Newrez D 12732 19.7%6.19%

Best approval odds in Sumner County

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

What Sumner County borrowers applied for

By loan purpose

Home purchase 4,864 46% · 7.1% denied
Refinance 1,730 17% · 13.3% denied
Cash-out refinance 1,829 17% · 19.3% denied
Home improvement 888 8% · 27.5% denied
Other / HELOC 1,155 11% · 27.4% denied

By loan type

Conventional 7,452 71% · 14.7% denied
FHA 1,876 18% · 14.2% denied
VA 1,051 10% · 10.9% denied
USDA / RHS 87 1% · 13.8% denied

Why applications were denied

Debt-to-income ratio 486 33%
Credit history 343 23%
Collateral 232 16%
Incomplete application 186 13%
Other 99 7%
Unverifiable information 60 4%
Insufficient cash 38 3%
Employment history 15 1%
Mortgage insurance denied 1 0%

Sumner County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20238,9005,52516.5%6.75%$255,000
20249,6905,96815.3%6.75%$275,000
202510,4666,45614.2%6.50%$295,000

Frequently asked questions

14.2% of applications in Sumner County were denied in 2025, against 17.1% statewide in Tennessee.

Rocket Mortgage, with 639 applications in 2025 and a denial rate of 15.7%.

The median mortgage application in Sumner County in 2025 was for $295,000; the median property value on originated loans was $455,000.