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Mortgage Investors Group in Tennessee

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

LEI 549300VNBQD8FDHF7563
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.

In Tennessee, Mortgage Investors Group reported 5,192 applications and 3,769 originations for 2024, $1.2bn in all.

Its denial rate in the state was 5.6%, below the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 5.5%.

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

Applications in the state were down 10% on 2023.

5,192applications in TN, 202476.9% of the lender's total
3,769loans originated$1.2bn
5.6%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 Investors Group, all statesUnited States
Denial rate5.6%22.6%5.5%24.3%
Median rate spread, pp0.20.30.30.3
Originations with spread of 1.5 pp or more1.9%14.7%2.1%15.6%
Average originated loan$308k$302k$298k$329k
Home purchase share91.6%55.5%89.0%57.0%
FHA-insured share28.2%15.5%28.7%13.4%
VA-guaranteed share7.4%10.0%6.9%7.9%

Trend by year

ApplicationsOriginations

04304.58,6092022: 8,609 Applications2023: 5,744 Applications2024: 5,192 Applications2022: 5,963 Originations2023: 4,189 Originations2024: 3,769 Originations202220232024
Mortgage Investors Group in Tennessee: applications and originations, 2022–2024

This lender in stateTennessee, all lenders

0%11.8%23.5%2022: 7.6% This lender in state2023: 5.9% This lender in state2024: 5.6% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Tennessee

By purpose

Home purchase 92% (3,454)Home improvement 1% (44)Refinancing 4% (135)Cash-out refinancing 3% (130)Other purpose 0% (6)

By type

Conventional 62% (2,325)FHA 28% (1,062)VA 7% (278)USDA 3% (104)

Denial reasons as coded

Debt-to-income ratio39%
Collateral19.1%
Insufficient cash (downpayment, closing costs)12.7%
Credit history11.4%
Other10.6%
Employment history4.2%
Unverifiable information2.5%
Credit application incomplete0.4%
Mortgage insurance denied0%

Share of 236 denials in Tennessee by first denial reason coded (outlined bar: all lenders in the state).

Counties in Tennessee

CountyApplicationsOriginationsAmountDenial rate
Knox County1,307989$329m4.0%
Shelby County330251$78m3.0%
Blount County339249$77m5.4%
Anderson County249186$55m4.3%
Hamilton County253179$54m4.1%
Sevier County234147$50m10.3%
Loudon County184138$48m2.7%
Roane County154111$31m7.1%
Davidson County161108$48m4.3%
Madison County10579$21m4.6%
Sullivan County10174$19m2.4%
Jefferson County10166$18m5.3%
Monroe County9163$15m10.5%
Washington County7562$17m5.9%
McMinn County8760$14m10.0%
Gibson County6657$14m4.9%
Hamblen County6754$14m1.8%
Bradley County5944$13m4.1%
Cumberland County5844$12m7.8%
Grainger County6042$11m10.2%
Campbell County6139$8.9m8.3%
Rutherford County5238$12m7.0%
Greene County5536$10m9.1%
Putnam County5434$9.7m15.9%
Williamson County3933$18m0.0%
Fayette County3832$13m8.1%
Sumner County4730$11m0.0%
Cocke County3924$6.6m3.3%
Wilson County3324$9.3m7.4%
Hawkins County3422$5.0m—
White County2820$4.9m—
Claiborne County3119$4.1m20.7%
Montgomery County2619$5.5m—
Union County3618$5.2m—
Overton County2618$5.0m—
Morgan County2716$4.2m—

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Mortgage Investors Group originate in Tennessee in 2024?

3,769 loans totalling $1.2bn, from 5,192 applications reported for properties in Tennessee.

What is Mortgage Investors Group's denial rate in Tennessee?

5.6% of decided applications in Tennessee were denied, against 22.6% for all lenders in the state and 5.5% 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 Mortgage Investors Group lend in most?

By originations: Knox County (989), Shelby County (251), Blount County (249), Anderson County (186), Hamilton County (179).

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.