Lender Register

Lenders › First Community Mortgage › Tennessee

First Community Mortgage in Tennessee

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

LEI 549300R0SXC1JU7ZU290
Reporting agency Federal Deposit Insurance Corporation
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.

In Tennessee, First Community Mortgage reported 2,949 applications and 2,366 originations for 2024, $681m in all.

Its denial rate in the state was 8.0%, below the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 6.9%.

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

Applications in the state were about level with 2023.

2,949applications in TN, 202422.3% of the lender's total
2,366loans originated$681m
8.0%denial rateTN all lenders 22.6%
0.3 ppmedian rate spreadTN 0.3 pp

Compared with the state and the lender's national record

MeasureIn TennesseeTennessee, all lendersFirst Community Mortgage, all statesUnited States
Denial rate8.0%22.6%6.9%24.3%
Median rate spread, pp0.30.30.40.3
Originations with spread of 1.5 pp or more3.2%14.7%4.8%15.6%
Average originated loan$288k$302k$289k$329k
Home purchase share80.2%55.5%84.6%57.0%
FHA-insured share38.0%15.5%26.8%13.4%
VA-guaranteed share9.5%10.0%8.3%7.9%

Trend by year

ApplicationsOriginations

02,2874,5742022: 4,574 Applications2023: 2,971 Applications2024: 2,949 Applications2022: 3,565 Originations2023: 2,371 Originations2024: 2,366 Originations202220232024
First Community Mortgage in Tennessee: applications and originations, 2022–2024

This lender in stateTennessee, all lenders

0%11.8%23.5%2022: 12.3% This lender in state2023: 8.4% This lender in state2024: 8% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Tennessee

By purpose

Home purchase 80% (1,898)Refinancing 7% (171)Cash-out refinancing 13% (297)

By type

Conventional 47% (1,110)FHA 38% (899)VA 10% (225)USDA 6% (132)

Denial reasons as coded

Credit application incomplete51.8%
Debt-to-income ratio18.8%
Credit history8.9%
Collateral7.1%
Other6.3%
Unverifiable information2.7%
Employment history2.2%
Insufficient cash (downpayment, closing costs)2.2%
Mortgage insurance denied0%

Share of 224 denials in Tennessee by first denial reason coded (outlined bar: all lenders in the state).

Counties in Tennessee

CountyApplicationsOriginationsAmountDenial rate
Rutherford County374292$103m4.6%
Bedford County235177$54m7.2%
Knox County199173$49m3.1%
Davidson County155124$50m10.3%
Montgomery County136124$40m5.9%
Franklin County11290$23m7.5%
Madison County8974$19m6.9%
Maury County8774$23m6.1%
Coffee County8370$21m5.1%
Shelby County7551$13m15.7%
Carroll County5750$11m8.9%
Lincoln County6349$9.9m4.9%
Williamson County6445$26m5.5%
Sumner County5845$16m5.6%
Benton County5044$8.3m6.0%
Cheatham County5044$14m4.1%
Gibson County4239$8.3m2.4%
Giles County3830$7.6m13.5%
Henry County3729$5.6m8.8%
Blount County3428$7.6m8.8%
Lawrence County3428$6.0m11.8%
McMinn County3126$4.8m9.7%
Rhea County3024$6.0m3.6%
Henderson County2924$5.4m17.2%
Wilson County4223$8.9m27.5%
Macon County3421$5.7m25.0%
Warren County2621$5.5m11.5%
Putnam County2919$4.7m22.2%
Hamilton County3217$5.9m17.9%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did First Community Mortgage originate in Tennessee in 2024?

2,366 loans totalling $681m, from 2,949 applications reported for properties in Tennessee.

What is First Community Mortgage's denial rate in Tennessee?

8.0% of decided applications in Tennessee were denied, against 22.6% for all lenders in the state and 6.9% 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 First Community Mortgage lend in most?

By originations: Rutherford County (292), Bedford County (177), Knox County (173), Davidson County (124), Montgomery County (124).

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 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.