Lenders › Simmons Bank › Tennessee
Simmons Bank 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, Simmons Bank reported 1,200 applications and 760 originations for 2024, $163m in all.
Its denial rate in the state was 29.4%, above the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 27.5%.
The median rate spread on its Tennessee originations was 0.5 percentage points (state median 0.3).
Applications in the state were down 17% on 2023.
Compared with the state and the lender's national record
| Measure | In Tennessee | Tennessee, all lenders | Simmons Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 29.4% | 22.6% | 27.5% | 24.3% |
| Median rate spread, pp | 0.5 | 0.3 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 13.9% | 14.7% | 11.9% | 15.6% |
| Average originated loan | $215k | $302k | $246k | $329k |
| Home purchase share | 47.0% | 55.5% | 54.6% | 57.0% |
| FHA-insured share | 8.7% | 15.5% | 8.4% | 13.4% |
| VA-guaranteed share | 1.6% | 10.0% | 1.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateTennessee, all lenders
Loan purpose and loan type in Tennessee
By purpose
Home purchase 47% (357)Home improvement 21% (160)Refinancing 18% (137)Cash-out refinancing 3% (19)Other purpose 11% (87)
By type
Conventional 88% (671)FHA 9% (66)VA 2% (12)USDA 1% (11)
Denial reasons as coded
Share of 322 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 | 273 | 184 | $43m | 25.0% |
| Madison County | 95 | 66 | $18m | 24.7% |
| Weakley County | 86 | 58 | $5.7m | 22.7% |
| Davidson County | 85 | 51 | $16m | 31.6% |
| Sumner County | 78 | 49 | $9.0m | 32.9% |
| Dyer County | 65 | 40 | $3.0m | 33.3% |
| Gibson County | 58 | 32 | $4.7m | 35.3% |
| McMinn County | 46 | 27 | $3.4m | 36.4% |
| Obion County | 48 | 24 | $2.4m | 35.9% |
| Williamson County | 40 | 22 | $9.5m | 37.1% |
| Hardeman County | 29 | 17 | $2.5m | 28.0% |
| Monroe County | 32 | 16 | $1.5m | 45.2% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Simmons Bank originate in Tennessee in 2024?
760 loans totalling $163m, from 1,200 applications reported for properties in Tennessee.
What is Simmons Bank's denial rate in Tennessee?
29.4% of decided applications in Tennessee were denied, against 22.6% for all lenders in the state and 27.5% 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 Simmons Bank lend in most?
By originations: Shelby County (184), Madison County (66), Weakley County (58), Davidson County (51), Sumner County (49).
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.