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First National Bank of Middle Tennessee

MCMINNVILLE, TN

First National Bank of Middle Tennessee processed 576 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 467 loans with a 9.6% denial rate. Home Purchase was the primary loan purpose. Based in MCMINNVILLE, TN. The approval rate of 81.1% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. First National Bank of Middle Tennessee's 81.1% origination rate tells you how often an application turned into funded money; the 9.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Insufficient cash, Collateral, which together explain the majority of rejections. 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.

576
Applications
467
Originated
9.6%
Denial Rate
$337,622
Avg Loan Amount
Avg Interest Rate: 6.719% Avg Applicant Income: $39,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 333 280 27 $352,207
FHA 174 135 21 $310,402
VA 44 34 4 $382,045
USDA 25 18 3 $254,600

Top loan types - First National Bank of Middle Tennessee

Top loan types - First National Bank of Middle Tennessee Horizontal bar chart of the top 4 items by value (applications). Top loan types - First National Bank of Middle Tennessee Top 4 1. Conventional 333 2. FHA 174 3. VA 44 4. USDA 25 Top 5 loan types by application volume at First National Bank of Middle Tennessee (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for First National Bank of Middle Tennessee (LEI: 549300RP3DLR09NF6157) · 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

Debt-to-income ratio
18
Insufficient cash
14
Collateral
13
Other
10
Credit history
9
Employment history
3
Unverifiable information
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 472 385 $348,390
Refinancing 61 51 $299,754
Cash-out Refinancing 26 19 $318,077
Home Improvement 9 5 $316,111
Other 8 7 $78,750

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 481 80.9% 9.6%
Black or African American * 24 75.0% 20.8%
Joint * 15 86.7% 6.7%
Asian * 12 75.0% 8.3%
Native Hawaiian or Other Pacific Islander * 3 33.3% 33.3%
2 or more minority races * 1 0.0% 100.0%
American Indian or Alaska Native * 1 100.0% 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 481 80.9% 9.6%
Hispanic or Latino * 36 72.2% 16.7%
Joint * 20 85.0% 10.0%

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

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 First National Bank of Middle Tennessee vs 21st Mortgage →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did First National Bank of Middle Tennessee process?
First National Bank of Middle Tennessee processed 576 mortgage applications in the 2024 HMDA reporting year. Of these, 467 were originated (approved and funded), 52 were withdrawn by the applicant, and 55 were denied.
What is First National Bank of Middle Tennessee's mortgage approval rate?
First National Bank of Middle Tennessee has an approval (origination) rate of 81.1%, meaning 81.1% of all applications resulted in a funded mortgage. The denial rate is 9.6%.
What is the average loan amount at First National Bank of Middle Tennessee?
The average mortgage loan amount at First National Bank of Middle Tennessee is $337,622. The average interest rate is 6.719%. The average applicant income is $39,000.
What are the most common reasons for mortgage denial at First National Bank of Middle Tennessee?
The most common reasons for mortgage denial at First National Bank of Middle Tennessee are: Debt-to-income ratio, Insufficient cash, Collateral. In total, 55 applications were denied out of 576 total applications.
What types of mortgage loans does First National Bank of Middle Tennessee offer?
First National Bank of Middle Tennessee processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 333 applications and an average loan amount of $352,207.
What loan purposes does First National Bank of Middle Tennessee serve?
First National Bank of Middle Tennessee serves the following loan purposes: Home Purchase (472 applications), Refinancing (61 applications), Cash-out Refinancing (26 applications), Home Improvement (9 applications), Other (8 applications). Home Purchase is the most common purpose.
Where is First National Bank of Middle Tennessee located?
First National Bank of Middle Tennessee is headquartered in MCMINNVILLE, TN. The lender is identified by LEI 549300RP3DLR09NF6157 in HMDA data.
How does First National Bank of Middle Tennessee compare in lending across racial demographics?
First National Bank of Middle Tennessee reports demographic lending data under HMDA requirements. White applicants have an approval rate of 80.9% and denial rate of 9.6%; Black or African American applicants have an approval rate of 75.0% and denial rate of 20.8%; Joint applicants have an approval rate of 86.7% and denial rate of 6.7%. 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.