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Planet Home Lending, LLC in Tennessee
HMDA record for properties in Tennessee, calendar year 2024. National record · Tennessee overview
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.
In Tennessee, Planet Home Lending, LLC reported 311 applications and 229 originations for 2024, $75m in all.
Its denial rate in the state was 21.1%, close to the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 21.5%.
The median rate spread on its Tennessee originations was -0.2 percentage points (state median 0.3).
Applications in the state were up 54% on 2023.
Compared with the state and the lender's national record
| Measure | In Tennessee | Tennessee, all lenders | Planet Home Lending, LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 21.1% | 22.6% | 21.5% | 24.3% |
| Median rate spread, pp | -0.2 | 0.3 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.0% | 14.7% | 12.0% | 15.6% |
| Average originated loan | $326k | $302k | $308k | $329k |
| Home purchase share | 20.5% | 55.5% | 39.9% | 57.0% |
| FHA-insured share | 38.9% | 15.5% | 31.2% | 13.4% |
| VA-guaranteed share | 48.5% | 10.0% | 33.8% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateTennessee, all lenders
Loan purpose and loan type in Tennessee
By purpose
Home purchase 21% (47)Refinancing 58% (133)Cash-out refinancing 21% (49)
By type
Conventional 10% (23)FHA 39% (89)VA 48% (111)USDA 3% (6)
Denial reasons as coded
Share of 63 denials in Tennessee by first denial reason coded (outlined bar: all lenders in the state).
Counties in Tennessee
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Shelby County | 39 | 28 | $7.5m | 24.3% |
| Montgomery County | 32 | 24 | $7.9m | 18.8% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Planet Home Lending, LLC originate in Tennessee in 2024?
229 loans totalling $75m, from 311 applications reported for properties in Tennessee.
What is Planet Home Lending, LLC's denial rate in Tennessee?
21.1% of decided applications in Tennessee were denied, against 22.6% for all lenders in the state and 21.5% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Tennessee counties does Planet Home Lending, LLC lend in most?
By originations: Shelby County (28), Montgomery County (24).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Tennessee. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.