# Bank of Tennessee

> **Canonical URL:** https://saferate.com/lenders/bank-of-tennessee


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Bank of Tennessee is a bank, headquartered in Kingsport, TN, serving borrowers across 10 states, with 285 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 61% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 48% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300CTISSNREVLNO46
- **Headquarters:** Kingsport, TN
- **Geographic Reach:** Multi-Region
- **States Served:** 10
- **State List:** AL, FL, IL, IN, KY, NC, SC, TN, TX, VA
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 39/100
- Rating: ●●○○○ (2/5)

### Pull Through: Sound ☺️
- Score: 52/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.329%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,637
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 285
- **Dollar Volume:** $102 million
- **Applications Received:** 420
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $359,105
- **Average Borrower Income:** $154,593
- **Average Property Value:** $484,123

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 57/100 | 204 | +0.389% | $2,788 | Sound ☺️ |
| FHA | 61/100 | 59 | +0.205% | $2,061 | Strong 😀 |
| Jumbo | 40/100 | 10 | +0.369% | $1,295 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 184 loans, Score: 56/100 (Sound)
- Refinance: 20 loans, Score: 46/100 (Sound)

**FHA:**
- Purchase: 55 loans, Score: 60/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 59/100 | 260 | $95M | +0.317% | Sound ☺️ |
| Refinance | 48/100 | 25 | $8M | +0.436% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TN | 236 | 0.26% | 78/100 |
| NC | 33 | 0.02% | 51/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Nashville | TN | 130 | 76/100 |
| Johnson City, TN | TN | 58 | 73/100 |
| Non |  | 46 | 44/100 |
| Kingsport | TN-VA | 25 | 58/100 |

## Where This Lender Ranks

Bank of Tennessee appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Johnson City, TN for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/johnson-city-tn/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Kingsport for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/kingsport/best-mortgage-lenders/banks/fha-loans)
- 🥉 **#3** in Johnson City, TN for FHA Loans
  - [View Full Rankings](https://saferate.com/johnson-city-tn/best-mortgage-lenders/fha-loans)
- 🏆 **#4** in Johnson City, TN Banks
  - [View Full Rankings](https://saferate.com/johnson-city-tn/best-mortgage-lenders/banks)
- 🏆 **#5** in Johnson City, TN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/johnson-city-tn/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#5** in Kingsport Banks
  - [View Full Rankings](https://saferate.com/kingsport/best-mortgage-lenders/banks)
- 🏆 **#6** in Kingsport for FHA Loans
  - [View Full Rankings](https://saferate.com/kingsport/best-mortgage-lenders/fha-loans)
- 🏆 **#9** in Tennessee for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/tennessee/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#9** in Nashville for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#10** in Kingsport for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/kingsport/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#16** in Johnson City, TN
  - [View Full Rankings](https://saferate.com/johnson-city-tn/best-mortgage-lenders)
- 🏆 **#18** in Nashville for FHA Loans
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/fha-loans)
- 🏆 **#18** in Nashville for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/banks/va-loans)

## Frequently Asked Questions

### What loan types does Bank of Tennessee offer?

Bank of Tennessee offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Bank of Tennessee offer mortgages?

Bank of Tennessee offers mortgages in 10 states: AL, FL, IL, IN, KY, NC, SC, TN, TX, VA.

### How competitive are Bank of Tennessee's mortgage rates?

Bank of Tennessee has a pricing score of 39/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.329% above market average.

### What type of lender is Bank of Tennessee?

Bank of Tennessee is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Kingsport, TN.

### What is Bank of Tennessee's loan approval success rate?

Bank of Tennessee has a pull-through score of 52/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/bank-of-tennessee

### How to Cite

> "Bank of Tennessee Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/bank-of-tennessee

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