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21st Mortgage

KNOXVILLE, TN

21st Mortgage processed 173,573 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 30,274 loans with a 44.1% denial rate. Home Purchase was the primary loan purpose. Based in KNOXVILLE, TN. The approval rate of 17.4% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. 21st Mortgage's 17.4% origination rate tells you how often an application turned into funded money; the 44.1% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Insufficient cash, Credit history, Debt-to-income ratio, which together explain the majority of rejections. Most activity concentrated in Conventional loans (173,572 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

173,573
Applications
30,274
Originated
44.1%
Denial Rate
$118,852
Avg Loan Amount
Avg Interest Rate: 10.246% Avg Applicant Income: $39,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 173,572 30,274 76,563 $118,852
FHA 1 0 0 $85,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for 21st Mortgage (LEI: 549300XQVJ1XBNFA5536) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Insufficient cash
48,505
Credit history
39,854
Debt-to-income ratio
36,335
Other
22,348
Credit application incomplete
3,851
Unverifiable information
3,482
Collateral
2,518
Employment history
1,605

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 170,314 29,777 $119,363
Refinancing 1,427 245 $108,196
Cash-out Refinancing 676 79 $103,876
Home Improvement 669 71 $64,552
Other 487 102 $66,561

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 105,773 19.5% 44.5%
Black or African American 23,159 13.5% 56.0%
Joint 4,327 22.0% 41.1%
American Indian or Alaska Native 3,153 14.8% 52.3%
Asian 1,856 14.7% 46.2%
2 or more minority races 555 13.7% 57.1%
Native Hawaiian or Other Pacific Islander 508 13.6% 52.8%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 97,631 18.9% 46.1%
Hispanic or Latino 41,021 15.2% 49.8%
Joint 4,677 21.2% 40.9%

Nearby Lenders in TN

Other HMDA-reporting lenders in TN with similar activity. Compare any two side-by-side.

Vanderbilt Mortgage and Finance, INC

MARYVILLE, TN

124,520 apps 20,306 originated 42.7% denied

FIRSTBANK

LEXINGTON, TN

21,086 apps 6,413 originated 43.2% denied

First Community Mortgage

MURFREESBORO, TN

13,521 apps 10,523 originated 6.2% denied

First Horizon Bank

MEMPHIS, TN

13,326 apps 7,808 originated 21.7% denied

Churchill Mortgage Corporation

BRENTWOOD, TN

11,563 apps 6,259 originated 4.0% denied
Compare 21st Mortgage vs Vanderbilt Mortgage and Finance, INC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did 21st Mortgage process?
21st Mortgage processed 173,573 mortgage applications in the 2024 HMDA reporting year. Of these, 30,274 were originated (approved and funded), 7,524 were withdrawn by the applicant, and 76,563 were denied.
What is 21st Mortgage's mortgage approval rate?
21st Mortgage has an approval (origination) rate of 17.4%, meaning 17.4% of all applications resulted in a funded mortgage. The denial rate is 44.1%.
What is the average loan amount at 21st Mortgage?
The average mortgage loan amount at 21st Mortgage is $118,852. The average interest rate is 10.246%. The average applicant income is $39,000.
What are the most common reasons for mortgage denial at 21st Mortgage?
The most common reasons for mortgage denial at 21st Mortgage are: Insufficient cash, Credit history, Debt-to-income ratio. In total, 76,563 applications were denied out of 173,573 total applications.
What types of mortgage loans does 21st Mortgage offer?
21st Mortgage processes Conventional, FHA loans. The most common type is Conventional with 173,572 applications and an average loan amount of $118,852.
What loan purposes does 21st Mortgage serve?
21st Mortgage serves the following loan purposes: Home Purchase (170,314 applications), Refinancing (1,427 applications), Cash-out Refinancing (676 applications), Home Improvement (669 applications), Other (487 applications). Home Purchase is the most common purpose.
Where is 21st Mortgage located?
21st Mortgage is headquartered in KNOXVILLE, TN. The lender is identified by LEI 549300XQVJ1XBNFA5536 in HMDA data.
How does 21st Mortgage compare in lending across racial demographics?
21st Mortgage reports demographic lending data under HMDA requirements. White applicants have an approval rate of 19.5% and denial rate of 44.5%; Black or African American applicants have an approval rate of 13.5% and denial rate of 56.0%; Joint applicants have an approval rate of 22.0% and denial rate of 41.1%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.