Home›Tennessee›Cash-out refinance
cash-out refinance lenders · HMDA 2023–2025

Cash-out refinance lenders in Tennessee

Fat Boy Data analyzed cash-out refinance activity in Tennessee to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 58,140 applications were decided by 568 lenders between 2023 and 2025.

Tennessee at a glance

568Active lenders191 with 20+ decisions
71.4%Market approval rate41,528 of 58,140 decided
$185KTypical loanmedian lender, $10K brackets
94%Borrower take-up39,185 loans funded

How Tennessee compares

Approval rate compared
Tennessee71.4%All 616 counties68.2%
Typical loan compared
Tennessee$185KAll 616 counties$155K

What the data shows

Rocket Mortgage, LLC made the most cash-out refinances in Tennessee, 9,282 of them.

Knoxville Teachers Federal Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 99% of 159.

The typical cash-out refinance here is $185K, 19% larger than the the United States typical of $155K.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%Mortgage Research Center, LLC: 24% approved of 822Amerisave Mortgage Corporation: 28% approved of 3,369Lakeview Loan Servicing, LLC: 38% approved of 701American Financing Corporation: 40% approved of 349New Day Financial, LLC: 41% approved of 941Carrington Mortgage Services, LLC: 45% approved of 1,677Newrez LLC: 45% approved of 1,159Spring Eq, LLC: 48% approved of 203Wells Fargo Bank, National Association: 54% approved of 454Village Capital & Investment LLC: 57% approved of 480Mutual of Omaha Mortgage, Inc.: 62% approved of 491New American Funding, LLC: 62% approved of 557Planet Home Lending, LLC: 64% approved of 137Regions Bank: 64% approved of 603Navy Federal Credit Union: 64% approved of 576First Horizon Bank: 66% approved of 202Loandepot.Com, LLC: 67% approved of 1,706Onity Mortgage Corporation: 70% approved of 184Advantagefirst Lending Inc.: 71% approved of 171Sun West Mortgage Company, Inc.: 72% approved of 290Quorum Federal Credit Union: 72% approved of 382Guaranteed Rate, Inc.: 72% approved of 185Cornerstone Financial Credit Union: 73% approved of 224Tennessee Valley FCU: 73% approved of 564Pennymac Loan Services, LLC: 73% approved of 1,595Flagstar Bank, National Association: 73% approved of 347U.S. Bank National Association: 74% approved of 469Memphis City Employees Credit Union: 74% approved of 245Eastman Credit Union: 74% approved of 1,113GoodLeap, LLC: 75% approved of 641Fortera Federal Credit Union: 75% approved of 710Freedom Mortgage Corporation: 76% approved of 1,800Truist Bank: 77% approved of 295Stockton Mortgage Corporation: 78% approved of 139The Federal Savings Bank: 79% approved of 318United Wholesale Mortgage, LLC: 79% approved of 3,261Y-12 Federal Credit Union: 80% approved of 554Ascend Federal Credit Union: 80% approved of 1,028Ornl: 80% approved of 808Pinnacle Bank: 81% approved of 227Rocket Mortgage, LLC: 82% approved of 11,732Cardinal Financial Company, Limited Partnership: 83% approved of 225Nationstar Mortgage LLC: 83% approved of 1,222Equity Prime Mortgage LLC: 84% approved of 269Mortgage Investors Group, Inc.: 84% approved of 222Nations Lending Corporation: 84% approved of 140JPMorgan Chase Bank, National Association: 85% approved of 284Alcoa Tenn Federal Credit Union: 85% approved of 220FirstBank: 87% approved of 247Crosscountry Mortgage, LLC: 87% approved of 349Liberty Credit Union: 88% approved of 583Listerhill Credit Union: 88% approved of 163First Community Mortgage, Inc.: 90% approved of 418Knoxville Tva Employees Credit Union: 92% approved of 1,713Cmg Mortgage, Inc.: 93% approved of 279Movement Mortgage, LLC: 94% approved of 302Iserve Residential Lending, LLC: 96% approved of 191Coastal Community Bank: 96% approved of 216Reliance First Capital, LLC: 98% approved of 556Knoxville Teachers Federal Credit Union: 99% approved of 159

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Cash-out refinance lenders in Tennessee

LenderApprovalApprovedTaken upTypical loanLoans made
1Rocket Mortgage, LLC82%9,561 / 11,73297%$175K9,282
2Amerisave Mortgage Corporation28%958 / 3,36998%$135K936
3United Wholesale Mortgage, LLCBroker only79%2,585 / 3,26197%$275K2,518
4Freedom Mortgage Corporation76%1,360 / 1,80096%$245K1,311
5Knoxville Tva Employees Credit Union92%1,581 / 1,71393%$75K1,469

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 563 more lenders.

Free. One email unlocks the whole market.

You are seeing the 5 largest cash-out refinance lenders in Tennessee. Unlock every lender who decided one of these loans here, what they approved, how much borrowers actually took, and how far the nearest office is.

  • Every lender, ranked
  • Approval and take-up rates
  • Typical loan and full range
  • Nearest office and distance
  • Branch count and how to apply
  • Download as CSV

We email you the unlock link and occasional updates on your market. We may share your interest with mortgage providers so they can contact you. How we use your data. Unsubscribe any time.

Other lending data for Tennessee

Mortgage lenders in TennesseeHome improvement loans in TennesseeRefinance in TennesseeInvestment property purchase in TennesseeInvestment cash-out refinance in TennesseeInvestment refinance in TennesseeInvestment home improvement in Tennessee

Counties in Tennessee

Shelby CountyCountyDavidson CountyCountyKnox CountyCountyHamilton CountyCountyRutherford CountyCountyWilliamson CountyCountyMontgomery CountyCountySumner CountyCountySullivan CountyCountyWilson CountyCountyBlount CountyCountyWashington CountyCounty