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Tipton County, Tennessee
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Tipton County, Tennessee, saw 2,331 HMDA-reported applications and 1,324 originations ($293m) in 2024.
That is 58.4 originations per 1,000 households, against 56.9 for Tennessee and 48.0 nationally.
The county's denial rate was 24.8%, above the state rate of 22.6%. The median rate spread on originated loans was 0.3 percentage points and 16.2% of originations were 1.5 points or more above the average prime offer rate.
20 lenders reached 25 applications in the county; the most active by originations were Rocket Mortgage (114), Patriot Bank (83) and Navy Federal Credit Union (74).
Originations were up 5% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | 158 | 114 | $24m | 20.1% | — |
| 2 | Patriot Bank | 100 | 83 | $19m | 6.7% | — |
| 3 | Navy Federal Credit Union | 130 | 74 | $13m | 21.9% | — |
| 4 | Leaders Credit Union | 83 | 63 | $18m | 12.3% | — |
| 5 | Cadence Bank | 96 | 62 | $6.2m | 29.7% | — |
| 6 | Crosscountry Mortgage, LLC | 82 | 54 | $14m | 3.6% | — |
| 7 | Community Mortgage Corporation | 61 | 53 | $15m | 1.9% | — |
| 8 | Mortgage Research Center | 67 | 42 | $13m | 16.0% | — |
| 9 | Regions Bank | 89 | 30 | $3.4m | 57.7% | — |
| 10 | United Wholesale Mortgage | 49 | 29 | $8.2m | 28.6% | — |
| 11 | Freedom Mortgage Corporation | 62 | 27 | $7.5m | 17.1% | — |
| 12 | First Citizens National Bank | 40 | 26 | $3.4m | 18.9% | — |
| 13 | Pennymac Loan Services LLC | 41 | 22 | $5.5m | 25.8% | — |
| 14 | Loandepot.com, LLC | 30 | 16 | $4.5m | 40.7% | — |
| 15 | 21st Mortgage | 50 | 11 | $1.6m | 65.7% | — |
| 16 | Vanderbilt Mortgage and Finance, Inc | 59 | 10 | $1.3m | 59.3% | — |
| 17 | Discover Bank | 58 | 10 | $680k | 77.3% | — |
| 18 | Coastal Community Bank | 31 | 9 | $345k | 8.0% | — |
| 19 | New American Funding, LLC. | 27 | 7 | $1.1m | — | — |
| 20 | Amerisave Mortgage Company | 35 | 4 | $600k | 84.6% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 20. Denial rate is denials over decided applications in this county.
Compared with Tennessee and the nation
| Measure | This county | Tennessee | United States |
|---|---|---|---|
| Denial rate | 24.8% | 22.6% | 24.3% |
| Median rate spread, pp | 0.3 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 16.2% | 14.7% | 15.6% |
| Average originated loan | $221k | $302k | $329k |
| Originations per 1,000 households | 58.4 | 56.9 | 48.0 |
| Home purchase share of originations | 50.8% | 55.5% | 57.0% |
| FHA-insured share | 23.7% | 15.5% | 13.4% |
| VA-guaranteed share | 19.9% | 10.0% | 7.9% |
Rate spread distribution
Share of 1,107 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Tennessee). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 51% (673)Home improvement 6% (83)Refinancing 16% (215)Cash-out refinancing 18% (240)Other purpose 9% (113)
By type
Conventional 53% (698)FHA 24% (314)VA 20% (263)USDA 4% (49)
Trend by year
ApplicationsOriginations
This countyTennessee
Questions and answers
Which lenders are most active in Tipton County, TN?
By 2024 originations: Rocket Mortgage (114), Patriot Bank (83), Navy Federal Credit Union (74), Leaders Credit Union (63), Cadence Bank (62). 20 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Tipton County?
24.8% of decided applications were denied in 2024, against 22.6% across Tennessee and 24.3% nationally.
How many mortgages were originated in Tipton County in 2024?
1,324 loans totalling $293m, from 2,331 applications; 58.4 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 47167; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.