PlainLender

Apex Bank

Camden, TN

Apex Bank processed 528 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 135 loans with a 4.2% denial rate. Home Purchase was the primary loan purpose. Based in Camden, TN. The approval rate of 25.6% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Apex Bank's 25.6% origination rate tells you how often an application turned into funded money; the 4.2% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (528 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.

528
Applications
135
Originated
4.2%
Denial Rate
$361,212
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 528 135 22 $361,212

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Apex Bank (LEI: 549300WZWPMDWIL12842) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 254 62 $439,803
Refinancing 155 55 $277,323
Home Improvement 16 13 $51,250
Other 11 5 $131,364

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 178 70.8% 9.0%
Joint * 6 83.3% 16.7%
Black or African American * 5 40.0% 60.0%
Asian * 2 0.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

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 109 63.3% 12.8%
Hispanic or Latino 81 79.0% 6.2%

Nearby Lenders in TN

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

21st Mortgage

KNOXVILLE, TN

173,573 apps 30,274 originated 44.1% denied

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
Compare Apex Bank vs 21st Mortgage →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Apex Bank process?
Apex Bank processed 528 mortgage applications in the 2024 HMDA reporting year. Of these, 135 were originated (approved and funded), 34 were withdrawn by the applicant, and 22 were denied.
What is Apex Bank's mortgage approval rate?
Apex Bank has an approval (origination) rate of 25.6%, meaning 25.6% of all applications resulted in a funded mortgage. The denial rate is 4.2%.
What is the average loan amount at Apex Bank?
The average mortgage loan amount at Apex Bank is $361,212.
What types of mortgage loans does Apex Bank offer?
Apex Bank processes Conventional loans. The most common type is Conventional with 528 applications and an average loan amount of $361,212.
What loan purposes does Apex Bank serve?
Apex Bank serves the following loan purposes: Home Purchase (254 applications), Refinancing (155 applications), Home Improvement (16 applications), Other (11 applications). Home Purchase is the most common purpose.
Where is Apex Bank located?
Apex Bank is headquartered in Camden, TN. The lender is identified by LEI 549300WZWPMDWIL12842 in HMDA data.
How does Apex Bank compare in lending across racial demographics?
Apex Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 70.8% and denial rate of 9.0%; Joint applicants have an approval rate of 83.3% and denial rate of 16.7%; Black or African American applicants have an approval rate of 40.0% and denial rate of 60.0%. 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.