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Rocket Mortgage 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.
Rocket Mortgage's 2024 HMDA record for Tennessee covers 12,858 applications, 9,560 of them originated, worth $2.3bn.
Its denial rate in the state was 17.5%, below the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 18.2%.
The median rate spread on its Tennessee originations was 0.4 percentage points (state median 0.3).
Applications in the state were up 15% on 2023.
Compared with the state and the lender's national record
| Measure | In Tennessee | Tennessee, all lenders | Rocket Mortgage, all states | United States |
|---|---|---|---|---|
| Denial rate | 17.5% | 22.6% | 18.2% | 24.3% |
| Median rate spread, pp | 0.4 | 0.3 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 13.6% | 14.7% | 17.8% | 15.6% |
| Average originated loan | $244k | $302k | $270k | $329k |
| Home purchase share | 28.7% | 55.5% | 38.0% | 57.0% |
| FHA-insured share | 23.7% | 15.5% | 18.5% | 13.4% |
| VA-guaranteed share | 10.9% | 10.0% | 7.8% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateTennessee, all lenders
Loan purpose and loan type in Tennessee
By purpose
Home purchase 29% (2,739)Home improvement 1% (101)Refinancing 11% (1,072)Cash-out refinancing 54% (5,182)Other purpose 5% (466)
By type
Conventional 65% (6,259)FHA 24% (2,263)VA 11% (1,038)
Denial reasons as coded
Share of 2,070 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 | 1,123 | 812 | $169m | 19.0% |
| Davidson County | 1,044 | 762 | $226m | 19.2% |
| Knox County | 844 | 657 | $168m | 14.8% |
| Hamilton County | 720 | 543 | $134m | 16.1% |
| Rutherford County | 658 | 495 | $135m | 16.3% |
| Montgomery County | 509 | 372 | $90m | 18.8% |
| Sumner County | 481 | 362 | $107m | 17.4% |
| Williamson County | 395 | 314 | $122m | 11.8% |
| Wilson County | 296 | 225 | $65m | 17.6% |
| Sullivan County | 300 | 221 | $45m | 16.1% |
| Blount County | 287 | 202 | $53m | 22.3% |
| Maury County | 242 | 190 | $51m | 14.3% |
| Bradley County | 242 | 169 | $38m | 21.8% |
| Washington County | 222 | 168 | $39m | 15.6% |
| Sevier County | 235 | 166 | $46m | 19.3% |
| Robertson County | 194 | 154 | $38m | 11.6% |
| Cumberland County | 175 | 128 | $25m | 18.1% |
| Anderson County | 159 | 122 | $27m | 16.6% |
| Coffee County | 157 | 115 | $27m | 20.0% |
| Tipton County | 158 | 114 | $24m | 20.1% |
| Madison County | 147 | 110 | $20m | 14.4% |
| Dickson County | 140 | 109 | $27m | 17.4% |
| Roane County | 136 | 108 | $25m | 14.3% |
| Jefferson County | 141 | 102 | $25m | 18.8% |
| Loudon County | 132 | 102 | $28m | 17.6% |
| Marshall County | 122 | 100 | $23m | 11.3% |
| Putnam County | 121 | 99 | $24m | 10.8% |
| Hamblen County | 135 | 98 | $18m | 20.8% |
| Cheatham County | 129 | 96 | $25m | 16.5% |
| Bedford County | 124 | 94 | $23m | 15.7% |
| Franklin County | 112 | 90 | $22m | 11.8% |
| Hawkins County | 118 | 89 | $19m | 16.8% |
| McMinn County | 132 | 87 | $17m | 25.8% |
| Greene County | 123 | 82 | $17m | 23.4% |
| Monroe County | 103 | 76 | $17m | 15.8% |
| Warren County | 87 | 64 | $14m | 16.9% |
| Carter County | 88 | 61 | $12m | 16.0% |
| Rhea County | 78 | 60 | $13m | 12.9% |
| Marion County | 80 | 58 | $12m | 20.3% |
| Lawrence County | 71 | 56 | $12m | 13.0% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Rocket Mortgage originate in Tennessee in 2024?
9,560 loans totalling $2.3bn, from 12,858 applications reported for properties in Tennessee.
What is Rocket Mortgage's denial rate in Tennessee?
17.5% of decided applications in Tennessee were denied, against 22.6% for all lenders in the state and 18.2% 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 Rocket Mortgage lend in most?
By originations: Shelby County (812), Davidson County (762), Knox County (657), Hamilton County (543), Rutherford County (495).
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.