Weakley County, Tennessee · 2025

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

146 lenders acted on 992 mortgage applications for properties in Weakley County in 2025. 25.0% were denied (Tennessee: 17.1%). Median rate on closed loans 6.62%; median loan $135,000; median property value $235,000.

992Applications
25.0%Denial ratestate 17.1%
6.62%Median ratestate 6.62%
$135,000Median loan
$235,000Median property value

Largest lenders in Weakley County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Simmons Bank C 8757 27.6%6.13%
2 Regions Bank C 5924 49.2%6.63%
3 Rocket Mortgage C 5539 25.5%6.63%
4 First Community Mortgage A 4636 8.7%6.44%
5 Leaders Credit Union C 4421 29.6%6.88%
6 Mortgage Research Center C 3819 29.0%6.63%
7 First Community Bank of the Heartland C 3224 12.5%
8 Vanderbilt Mortgage and Finance F 313 38.7%8.75%
9 First Citizens National Bank C 3015 36.7%7.15%
10 United Shore Financial Services B 3022 10.0%5.81%
11 U. T. Federal Credit Union C 3026 13.3%6.63%
12 Bank3 A 3027 0.0%
13 Cadence Bank B 2814 25.0%7.50%
14 21st Mortgage F 263 53.9%8.80%
15 Carroll Bank and Trust A 2422 4.2%
16 Pennymac Loan Services C 2311 21.7%5.99%
17 FirstBank C 189 27.8%7.13%
18 Loandepot.Com D 1711 23.5%6.38%
19 AmeriSave Mortgage D 132 76.9%6.50%
20 Commercial Bank & Trust B 1312 7.7%
21 Broker Solutions D 102 40.0%6.49%
22 Security Bank and Trust C 93 22.2%
23 Guaranteed Rate B 96 0.0%6.59%
24 Towne Mortgage B 95 22.2%5.99%
25 Farm Credit Mid-America D 95 11.1%6.88%

Best approval odds in Weakley County

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

#LenderDecidedDecision denial rate
1Rocket Mortgage5326.4%
2Simmons Bank8129.6%
3Regions Bank5552.7%

What Weakley County borrowers applied for

By loan purpose

Home purchase 440 44% · 17.3% denied
Refinance 159 16% · 18.9% denied
Cash-out refinance 170 17% · 34.7% denied
Home improvement 112 11% · 36.6% denied
Other / HELOC 111 11% · 37.8% denied

By loan type

Conventional 694 70% · 26.5% denied
FHA 153 15% · 22.9% denied
VA 112 11% · 20.5% denied
USDA / RHS 33 3% · 18.2% denied

Why applications were denied

Credit history 83 35%
Debt-to-income ratio 60 25%
Collateral 40 17%
Incomplete application 24 10%
Other 19 8%
Unverifiable information 7 3%
Employment history 3 1%
Insufficient cash 1 0%

Weakley County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202384844323.2%7.13%$105,000
202492753021.5%6.99%$125,000
202599255125.0%6.62%$135,000

Frequently asked questions

25.0% of applications in Weakley County were denied in 2025, against 17.1% statewide in Tennessee.

Simmons Bank, with 87 applications in 2025 and a denial rate of 27.6%.

The median mortgage application in Weakley County in 2025 was for $135,000; the median property value on originated loans was $235,000.