Lenders › Flagstar Bank NA › Tennessee
Flagstar Bank NA 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.
Flagstar Bank NA's 2024 HMDA record for Tennessee covers 705 applications, 449 of them originated, worth $127m.
Its denial rate in the state was 24.6%, above the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 29.4%.
The median rate spread on its Tennessee originations was 0.3 percentage points (state median 0.3).
Applications in the state were down 19% on 2023.
Compared with the state and the lender's national record
| Measure | In Tennessee | Tennessee, all lenders | Flagstar Bank NA, all states | United States |
|---|---|---|---|---|
| Denial rate | 24.6% | 22.6% | 29.4% | 24.3% |
| Median rate spread, pp | 0.3 | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 12.2% | 14.7% | 12.8% | 15.6% |
| Average originated loan | $284k | $302k | $303k | $329k |
| Home purchase share | 60.6% | 55.5% | 68.2% | 57.0% |
| FHA-insured share | 33.2% | 15.5% | 22.2% | 13.4% |
| VA-guaranteed share | 17.8% | 10.0% | 7.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateTennessee, all lenders
Loan purpose and loan type in Tennessee
By purpose
Home purchase 61% (272)Home improvement 0% (1)Refinancing 5% (21)Cash-out refinancing 33% (148)Other purpose 2% (7)
By type
Conventional 46% (208)FHA 33% (149)VA 18% (80)USDA 3% (12)
Denial reasons as coded
Share of 148 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 | 122 | 96 | $29m | 17.2% |
| Davidson County | 75 | 41 | $15m | 27.1% |
| Cumberland County | 38 | 31 | $6.6m | 11.4% |
| Shelby County | 39 | 23 | $5.5m | 32.4% |
| Williamson County | 33 | 22 | $11m | 26.7% |
| Knox County | 38 | 18 | $6.3m | 29.6% |
| Rutherford County | 35 | 17 | $5.7m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Flagstar Bank NA originate in Tennessee in 2024?
449 loans totalling $127m, from 705 applications reported for properties in Tennessee.
What is Flagstar Bank NA's denial rate in Tennessee?
24.6% of decided applications in Tennessee were denied, against 22.6% for all lenders in the state and 29.4% 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 Flagstar Bank NA lend in most?
By originations: Montgomery County (96), Davidson County (41), Cumberland County (31), Shelby County (23), Williamson County (22).
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.