Largest lenders in Wayne County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | C | 44 | 33 | 11.4% | 6.49% |
| 2 | Renasant Bank | B | 25 | 24 | 0.0% | 5.93% |
| 3 | United Shore Financial Services | B | 23 | 17 | 8.7% | 5.99% |
| 4 | 21st Mortgage | F | 20 | 4 | 40.0% | 9.43% |
| 5 | Mortgage Research Center | C | 19 | 7 | 21.1% | 6.25% |
| 6 | Fairway Independent Mortgage | B | 18 | 13 | 0.0% | 6.13% |
| 7 | First Community Mortgage | A | 17 | 9 | 11.8% | 6.25% |
| 8 | Old National Bank | B | 17 | 4 | 70.6% | 6.18% |
| 9 | Vanderbilt Mortgage and Finance | F | 13 | 3 | 23.1% | 11.75% |
| 10 | Broker Solutions | D | 12 | 3 | 16.7% | 7.25% |
| 11 | AmeriSave Mortgage | D | 8 | 2 | 75.0% | 6.62% |
| 12 | Crosscountry Mortgage | B | 8 | 1 | 12.5% | 6.24% |
| 13 | Freedom Mortgage | B | 8 | 3 | 37.5% | 6.25% |
| 14 | FirstBank | C | 6 | 3 | 50.0% | 6.25% |
| 15 | Regions Bank | C | 5 | 0 | 100.0% | — |
| 16 | Guaranteed Rate | B | 5 | 3 | 0.0% | 8.40% |
| 17 | Farm Credit Mid-America | D | 5 | 4 | 0.0% | 7.19% |
| 18 | First Farmers and Merchants Bank | B | 5 | 1 | 20.0% | 6.99% |
What Wayne County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Wayne County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 302 | 141 | 20.9% | 6.75% | $135,000 |
| 2024 | 333 | 176 | 22.2% | 6.75% | $145,000 |
| 2025 | 402 | 204 | 23.9% | 6.38% | $155,000 |
Frequently asked questions
23.9% of applications in Wayne County were denied in 2025, against 17.1% statewide in Tennessee.
Rocket Mortgage, with 44 applications in 2025 and a denial rate of 11.4%.
The median mortgage application in Wayne County in 2025 was for $155,000; the median property value on originated loans was $245,000.