PlainLender

Centennial Bank

Trezevant, TN

Centennial Bank processed 333 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 261 loans with a 8.4% denial rate. Home Purchase was the primary loan purpose. Based in Trezevant, TN. The approval rate of 78.4% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Centennial Bank processed 333 HMDA-reported mortgage applications in 2024, originating 261 loans and denying 28 for a denial rate of 8.4% (applicants themselves withdrew 42 files before a decision). The average loan amount was $195,961. The lender reports under LEI 549300YR7U7TZTQ1GH77 from Trezevant, TN.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Centennial Bank's 78.4% origination rate tells you how often an application turned into funded money; the 8.4% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (333 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.

333
Applications
261
Originated
8.4%
Denial Rate
$195,961
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 333 261 28 $195,961

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Centennial Bank (LEI: 549300YR7U7TZTQ1GH77) · 2023 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 164 119 $254,146
Refinancing 93 80 $187,903
Other 45 36 $72,111
Home Improvement 31 26 $92,097

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 277 76.9% 8.3%
Black or African American 27 74.1% 14.8%
Joint 2 100.0% 0.0%
American Indian or Alaska Native 1 0.0% 100.0%
Asian 1 100.0% 0.0%

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 304 76.6% 8.9%
Hispanic or Latino 2 100.0% 0.0%
Joint 2 100.0% 0.0%

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 Centennial Bank vs 21ST MORTGAGE →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did Centennial Bank process?
Centennial Bank processed 333 mortgage applications in the 2023 HMDA reporting year. Of these, 261 were originated (approved and funded), 42 were withdrawn by the applicant, and 28 were denied.
What is Centennial Bank's mortgage approval rate?
Centennial Bank has an approval (origination) rate of 78.4%, meaning 78.4% of all applications resulted in a funded mortgage. The denial rate is 8.4%.
What is the average loan amount at Centennial Bank?
The average mortgage loan amount at Centennial Bank is $195,961.
What types of mortgage loans does Centennial Bank offer?
Centennial Bank processes Conventional loans. The most common type is Conventional with 333 applications and an average loan amount of $195,961.
What loan purposes does Centennial Bank serve?
Centennial Bank serves the following loan purposes: Home Purchase (164 applications), Refinancing (93 applications), Other (45 applications), Home Improvement (31 applications). Home Purchase is the most common purpose.
Where is Centennial Bank located?
Centennial Bank is headquartered in Trezevant, TN. The lender is identified by LEI 549300YR7U7TZTQ1GH77 in HMDA data.
How does Centennial Bank compare in lending across racial demographics?
Centennial Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 76.9% and denial rate of 8.3%; Black or African American applicants have an approval rate of 74.1% and denial rate of 14.8%; Joint applicants have an approval rate of 100.0% and denial rate of 0.0%. 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.