Mortgage by CountyWhat home buyers actually paid, county by county

Independent analysis of official mortgage recordsHMDA 2025 · 7,155,718 applications

Lender in Tennessee · HMDA 2025

Lower, LLC mortgages in Tennessee

Lower, LLC's 2025 home-purchase and refinance lending in Tennessee, compared with all lenders in the state.

Lower, LLC originated 268 owner-occupied single-family loans in Tennessee from 342 completed applications.

Its median conventional purchase loan costs were $7,110 versus $5,320 for all Tennessee lenders, at a median 30-year fixed rate of 6.75% (Tennessee: 6.624%).

Loans in TN
268
of 342 applications
Denial rate
9.8%
Purchase · TN 7.7%
Rate spread
+0.31 pts
Conv. · TN +0.11 pts
Loan amount
$315,000
Purchase · TN $325,000

By loan purpose

PurposeApplicationsLoansDenial rate30-yr rate*Rate spread*Loan costs*Median loan
Home purchase2041839.8%6.750%+0.31 pts$7,110$315,000
Refinance423516.7%6.624%+0.22 pts$8,000$365,000
Cash-out refinance965047.9%———$245,000

*Conventional loans only; medians with at least 20 loans.

Tennessee counties where Lower, LLC ranks in the top 25

CountyRankLoansMarket share
Tipton County13171.9%
Johnson County2021.3%
Lauderdale County2421.0%

Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology