Today's Tennessee (TN) Mortgage Rates

Tennessee (TN) Mortgage Rates & Mortgage Loan Data – Prior Year

Mortgage Actions Taken

Loan originated: 1,499,666
Loan purchased by the institution: 608,632
Application denied by financial institution: 592,196
Application withdrawn by applicant: 287,628
Application approved but not accepted: 153,439
File closed for incompleteness: 84,507
Preapproval request denied by financial institution: 240
Preapproval request approved but not accepted: 114

Purpose of Loans

Refinancing: 1,771,754
Home purchase: 1,265,799
Home improvement: 188,869

Mortgage Types

Conventional: 2,255,619
FHA-insured: 678,363
VA-guaranteed: 204,668
FSA/RHS-guaranteed: 87,772

Mortage Actions by Applicant Race

White: 2,308,334
Not applicable: 300,674
Information not provided by applicant in mail, Internet, or telephone application: 287,310
Black or African American: 271,557
Asian: 39,934
American Indian or Alaska Native: 12,784
Native Hawaiian or Other Pacific Islander: 5,829

Mortage Actions by Applicant Ethnicity

Not Hispanic or Latino: 2,563,612
Not applicable: 301,448
Information not provided by applicant in mail, Internet, or telephone application: 300,258
Hispanic or Latino: 61,104

Mortage Actions by Applicant Sex

Male: 1,912,442
Female: 838,463
Not applicable: 300,944
Information not provided by applicant in mail, Internet, or telephone application: 174,573

Mortage Actions by Agency Name

Department of Housing and Urban Development: 919,177
Consumer Financial Protection Bureau: 648,977
Office of the Comptroller of the Currency: 551,423
Federal Deposit Insurance Corporation: 397,131
Federal Reserve System: 381,585
Office of Thrift Supervision: 189,796
National Credit Union Administration: 138,333

Mortage Actions by County

Shelby County: 398,392
Davidson County: 372,046
Knox County: 243,896
Rutherford County: 179,497
Hamilton County: 177,879
Williamson County: 160,471
Montgomery County: 123,108
Sumner County: 112,982
Wilson County: 86,684
Blount County: 68,773
Sullivan County: 62,486
Sevier County: 60,847
Washington County: 57,291
Bradley County: 50,064
Maury County: 46,319
Madison County: 42,578
Robertson County: 41,629
Anderson County: 35,813
Tipton County: 31,247
Loudon County: 30,539
Putnam County: 27,018
Greene County: 26,559
Dickson County: 26,139
Hamblen County: 25,780
Roane County: 24,519
Jefferson County: 24,497
Cumberland County: 24,363
Cheatham County: 24,071
Fayette County: 23,360
McMinn County: 23,211
Hawkins County: 22,515
Coffee County: 20,388
Carter County: 19,920
Monroe County: 19,243
Bedford County: 18,456
Gibson County: 18,225
Campbell County: 17,865
Unknown: 15,955
Franklin County: 15,762
Dyer County: 14,505
Rhea County: 14,221
Marion County: 14,076
Marshall County: 14,073
Lincoln County: 13,588
Lawrence County: 13,339
Claiborne County: 12,793
Henry County: 11,564
Henderson County: 11,123
Weakley County: 11,048
Giles County: 11,037
Warren County: 10,939
Cocke County: 10,458
White County: 10,243
Obion County: 10,238
Grainger County: 10,098
Macon County: 9,969
Hickman County: 9,701
Union County: 9,287
McNairy County: 8,977
Hardin County: 8,936
Smith County: 8,625
Carroll County: 8,334
Lauderdale County: 8,083
DeKalb County: 8,003
Hardeman County: 7,923
Polk County: 7,625
Sequatchie County: 7,566
Grundy County: 7,182
Humphreys County: 7,090
Chester County: 6,995
Morgan County: 6,958
Cannon County: 6,578
Unicoi County: 6,412
Haywood County: 6,076
Stewart County: 5,855
Scott County: 5,653
Fentress County: 5,548
Meigs County: 5,529
Overton County: 5,526
Benton County: 5,155
Bledsoe County: 4,894
Johnson County: 4,707
Crockett County: 4,659
Jackson County: 4,363
Decatur County: 4,032
Trousdale County: 4,030
Lewis County: 3,824
Houston County: 3,228
Wayne County: 2,919
Moore County: 2,317
Van Buren County: 2,090
Clay County: 1,950
Perry County: 1,674
Hancock County: 1,542
Lake County: 1,439
Pickett County: 1,438

Mortage Actions by City

Nashville-Davidson, Murfreesboro, Franklin – TN: 1,050,693
Unknown: 664,338
Memphis – TN, MS, AR: 451,916
Knoxville – TN: 397,131
Chattanooga – TN, GA: 199,408
Clarksville – TN, KY: 127,823
Kingsport, Bristol, Bristol – TN, VA: 84,951
Johnson City – TN: 83,586
Morristown – TN: 58,485
Cleveland – TN: 57,633
Jackson – TN: 50,458

Mortage Denial Reasons

Unknown: 2,877,998
Credit history: 115,077
Collateral: 71,793
Debt-to-income ratio: 68,410
Other: 37,248
Credit application incomplete: 30,601
Unverifiable information: 11,817
Insufficient cash (downpayment, closing costs): 7,682
Employment history: 5,230
Mortgage insurance denied: 566

HOEPA Status of Mortage Loans

Not a HOEPA loan: 3,223,920
HOEPA loan: 2,502

Lien Status of Mortage Loans

Secured by a first lien: 2,442,973
Not applicable: 608,632
Secured by a subordinate lien: 98,433
Not secured by a lien: 76,384

Owner Occupancy Status of Mortage Loans

Owner-occupied as a principal dwelling: 2,926,487
Not owner-occupied as a principal dwelling: 290,947
Not applicable: 8,988

Mortgages by Property Type

One-to-four family dwelling (other than manufactured housing): 3,073,833
Manufactured housing: 147,713
Multifamily dwelling: 4,876

Mortgages by Purchaser Type

Loan was not originated or was not sold in calendar year covered by register: 1,720,875
Fannie Mae (FNMA): 376,214
Ginnie Mae (GNMA): 325,119
Freddie Mac (FHLMC): 218,368
Life insurance company, credit union, mortgage bank, or finance company: 159,842
Commercial bank, savings bank or savings association: 159,327
Other type of purchaser: 137,920
Affiliate institution: 110,097
Private securitization: 18,484
Farmer Mac (FAMC): 176