Lenders › Pennymac Loan Services LLC › Tennessee
Pennymac Loan Services LLC 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.
Pennymac Loan Services LLC's 2024 HMDA record for Tennessee covers 3,777 applications, 1,789 of them originated, worth $615m.
Its denial rate in the state was 17.7%, below the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 20.6%.
The median rate spread on its Tennessee originations was 0.1 percentage points (state median 0.3).
Applications in the state were up 42% on 2023.
Compared with the state and the lender's national record
| Measure | In Tennessee | Tennessee, all lenders | Pennymac Loan Services LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 17.7% | 22.6% | 20.6% | 24.3% |
| Median rate spread, pp | 0.1 | 0.3 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.8% | 14.7% | 20.4% | 15.6% |
| Average originated loan | $344k | $302k | $337k | $329k |
| Home purchase share | 38.5% | 55.5% | 41.8% | 57.0% |
| FHA-insured share | 28.5% | 15.5% | 22.4% | 13.4% |
| VA-guaranteed share | 32.6% | 10.0% | 22.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateTennessee, all lenders
Loan purpose and loan type in Tennessee
By purpose
Home purchase 38% (688)Refinancing 28% (497)Cash-out refinancing 33% (589)Other purpose 1% (15)
By type
Conventional 39% (695)FHA 29% (510)VA 33% (584)
Denial reasons as coded
Share of 404 denials in Tennessee by first denial reason coded (outlined bar: all lenders in the state).
Counties in Tennessee
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Montgomery County | 381 | 200 | $65m | 13.2% |
| Shelby County | 362 | 159 | $50m | 19.1% |
| Knox County | 268 | 138 | $44m | 16.3% |
| Davidson County | 273 | 128 | $57m | 20.8% |
| Rutherford County | 260 | 122 | $52m | 17.3% |
| Williamson County | 154 | 94 | $59m | 11.7% |
| Hamilton County | 146 | 62 | $20m | 22.2% |
| Sevier County | 109 | 62 | $25m | 18.2% |
| Sumner County | 117 | 57 | $21m | 16.7% |
| Wilson County | 103 | 56 | $21m | 8.1% |
| Maury County | 88 | 47 | $18m | 9.3% |
| Sullivan County | 80 | 38 | $8.9m | 20.4% |
| Blount County | 77 | 29 | $10m | 27.9% |
| Washington County | 58 | 28 | $8.8m | 26.3% |
| Cumberland County | 45 | 22 | $5.3m | 28.1% |
| Tipton County | 41 | 22 | $5.5m | 25.8% |
| Loudon County | 33 | 21 | $8.4m | — |
| Robertson County | 46 | 20 | $6.9m | — |
| Anderson County | 42 | 20 | $5.7m | 16.0% |
| Putnam County | 42 | 19 | $5.6m | 23.1% |
| Warren County | 33 | 19 | $4.8m | — |
| Madison County | 58 | 17 | $4.4m | — |
| McMinn County | 31 | 17 | $4.6m | — |
| Bradley County | 50 | 16 | $4.5m | 24.0% |
| Bedford County | 40 | 16 | $4.4m | — |
| Roane County | 38 | 16 | $4.9m | — |
| Greene County | 34 | 15 | $4.0m | — |
| Monroe County | 26 | 13 | $3.4m | — |
| Franklin County | 25 | 13 | $3.0m | — |
| Coffee County | 33 | 12 | $2.9m | — |
| Dickson County | 30 | 12 | $3.0m | — |
| Hamblen County | 29 | 12 | $2.7m | — |
| Fayette County | 37 | 11 | $3.7m | — |
| Jefferson County | 28 | 10 | $2.5m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Pennymac Loan Services LLC originate in Tennessee in 2024?
1,789 loans totalling $615m, from 3,777 applications reported for properties in Tennessee.
What is Pennymac Loan Services LLC's denial rate in Tennessee?
17.7% of decided applications in Tennessee were denied, against 22.6% for all lenders in the state and 20.6% 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 Pennymac Loan Services LLC lend in most?
By originations: Montgomery County (200), Shelby County (159), Knox County (138), Davidson County (128), Rutherford County (122).
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.