Tipton County, Tennessee · 2025

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

199 lenders acted on 2,433 mortgage applications for properties in Tipton County in 2025. 17.4% were denied (Tennessee: 17.1%). Median rate on closed loans 6.50%; median loan $195,000; median property value $305,000.

2.4kApplications
17.4%Denial ratestate 17.1%
6.50%Median ratestate 6.62%
$195,000Median loan
$305,000Median property value

Largest lenders in Tipton County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 147104 15.0%6.63%
2 Leaders Credit Union C 12296 6.6%6.38%
3 Patriot Bank B 115101 7.8%6.25%
4 Regions Bank C 11346 40.7%6.50%
5 Navy Federal Credit Union D 10955 22.0%7.34%
6 Cadence Bank B 9877 15.3%6.81%
7 United Shore Financial Services B 8356 12.1%6.13%
8 Mortgage Research Center C 7834 16.7%6.25%
9 Freedom Mortgage B 6625 7.6%5.75%
10 Vanderbilt Mortgage and Finance F 595 33.9%8.99%
11 First Citizens National Bank C 5829 39.7%7.50%
12 Crosscountry Mortgage B 5732 5.3%6.58%
13 Community Mortgage A 5545 5.5%6.13%
14 First South Financial Federally Insured State-Chartered Credit Union C 5327 28.3%1.99%
15 First Community Mortgage A 5246 1.9%6.25%
16 Pennymac Loan Services C 4920 16.3%5.99%
17 21st Mortgage F 4811 39.6%9.92%
18 AmeriSave Mortgage D 4316 51.2%7.44%
19 Newrez D 3814 13.2%6.31%
20 Broker Solutions D 3711 2.7%6.69%
21 Lower C 2924 13.8%6.56%
22 Carrington Mortgage Services D 2810 42.9%6.31%
23 Spring Eq D 2811 50.0%9.25%
24 Coastal Community Bank C 2610 7.7%10.37%
25 Guaranteed Rate B 2515 4.0%5.99%

Best approval odds in Tipton County

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

What Tipton County borrowers applied for

By loan purpose

Home purchase 948 39% · 9.9% denied
Refinance 455 19% · 13.6% denied
Cash-out refinance 559 23% · 18.1% denied
Home improvement 185 8% · 34.1% denied
Other / HELOC 286 12% · 36.4% denied

By loan type

Conventional 1,366 56% · 22.0% denied
FHA 515 21% · 13.4% denied
VA 476 20% · 10.3% denied
USDA / RHS 76 3% · 7.9% denied

Why applications were denied

Credit history 152 36%
Debt-to-income ratio 93 22%
Incomplete application 64 15%
Collateral 52 12%
Other 28 7%
Unverifiable information 20 5%
Insufficient cash 8 2%
Employment history 1 0%

Tipton County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,2811,26020.0%6.75%$175,000
20242,3311,32420.2%6.63%$185,000
20252,4331,40517.4%6.50%$195,000

Frequently asked questions

17.4% of applications in Tipton County were denied in 2025, against 17.1% statewide in Tennessee.

Rocket Mortgage, with 147 applications in 2025 and a denial rate of 15.0%.

The median mortgage application in Tipton County in 2025 was for $195,000; the median property value on originated loans was $305,000.