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Mortgage Research Center in Tennessee

HMDA record for properties in Tennessee, calendar year 2024. National record · Tennessee overview

LEI 549300DD5QQUHO6PCH70
Reporting agency Department of Housing and Urban Development
State Tennessee

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.

Mortgage Research Center's 2024 HMDA record for Tennessee covers 5,215 applications, 2,834 of them originated, worth $937m.

Its denial rate in the state was 21.2%, close to the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 24.0%.

The median rate spread on its Tennessee originations was -0.2 percentage points (state median 0.3).

Applications in the state were up 14% on 2023.

5,215applications in TN, 20243.5% of the lender's total
2,834loans originated$937m
21.2%denial rateTN all lenders 22.6%
-0.2 ppmedian rate spreadTN 0.3 pp

Compared with the state and the lender's national record

MeasureIn TennesseeTennessee, all lendersMortgage Research Center, all statesUnited States
Denial rate21.2%22.6%24.0%24.3%
Median rate spread, pp-0.20.3-0.10.3
Originations with spread of 1.5 pp or more0.5%14.7%0.8%15.6%
Average originated loan$331k$302k$315k$329k
Home purchase share84.7%55.5%81.8%57.0%
FHA-insured share3.9%15.5%2.9%13.4%
VA-guaranteed share91.1%10.0%92.4%7.9%

Trend by year

ApplicationsOriginations

02833.55,6672022: 5,667 Applications2023: 4,591 Applications2024: 5,215 Applications2022: 3,116 Originations2023: 2,592 Originations2024: 2,834 Originations202220232024
Mortgage Research Center in Tennessee: applications and originations, 2022–2024

This lender in stateTennessee, all lenders

0%11.8%23.5%2022: 17.8% This lender in state2023: 18.1% This lender in state2024: 21.2% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Tennessee

By purpose

Home purchase 85% (2,400)Refinancing 11% (299)Cash-out refinancing 5% (135)

By type

Conventional 5% (137)FHA 4% (110)VA 91% (2,582)USDA 0% (5)

Denial reasons as coded

Credit history58.2%
Other16.3%
Debt-to-income ratio9.6%
Credit application incomplete8.7%
Collateral4.4%
Insufficient cash (downpayment, closing costs)1.6%
Employment history1.3%
Unverifiable information0%
Mortgage insurance denied0%

Share of 772 denials in Tennessee by first denial reason coded (outlined bar: all lenders in the state).

Counties in Tennessee

CountyApplicationsOriginationsAmountDenial rate
Montgomery County1,100750$244m10.7%
Shelby County401163$47m36.6%
Knox County246122$49m25.9%
Hamilton County201102$37m24.3%
Sullivan County13677$23m12.5%
Rutherford County13866$31m28.0%
Davidson County14363$27m30.0%
Sumner County10058$22m14.7%
Anderson County7947$16m23.8%
Washington County8942$13m28.8%
Bradley County8342$14m31.1%
Blount County8242$17m16.0%
Tipton County6742$13m16.0%
Wilson County8840$21m16.7%
Cumberland County7538$12m30.9%
Dickson County5838$15m9.5%
Madison County6335$9.5m27.1%
Robertson County6734$14m27.7%
Sevier County6933$12m23.3%
Hamblen County5932$8.4m15.8%
Franklin County5931$9.1m25.0%
Putnam County5030$9.4m8.8%
Maury County6129$12m25.0%
McMinn County5229$9.1m21.6%
Greene County6428$7.3m26.3%
Hawkins County5428$6.9m28.2%
Coffee County4726$8.5m13.3%
Gibson County4526$6.6m18.8%
Stewart County4426$8.5m13.3%
Williamson County4825$15m16.7%
Carroll County3225$6.1m16.1%
Jefferson County5824$6.0m36.8%
Loudon County5124$10m22.6%
Roane County6422$7.4m36.1%
Monroe County4822$7.4m21.4%
Weakley County3422$5.2m21.4%
Fayette County4221$8.4m22.2%
Lawrence County2921$6.1m—
Henry County4220$4.9m—
Bedford County3420$6.0m23.1%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Mortgage Research Center originate in Tennessee in 2024?

2,834 loans totalling $937m, from 5,215 applications reported for properties in Tennessee.

What is Mortgage Research Center's denial rate in Tennessee?

21.2% of decided applications in Tennessee were denied, against 22.6% for all lenders in the state and 24.0% 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 Mortgage Research Center lend in most?

By originations: Montgomery County (750), Shelby County (163), Knox County (122), Hamilton County (102), Sullivan County (77).

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.