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2024 data HMDA 2024 disclosure official source

Knox County

1,031 mortgage applications, 41.7% denial rate. Verify FIPS 21121 with U.S. Census Bureau →

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Kentucky · FIPS 21121

Local mortgage market. Knox County, Kentucky saw 1,031 HMDA-reported mortgage applications in 2024. Lenders originated 305 of those loans and denied 430, producing a denial rate of 41.7% and an approval (origination) rate of 29.6%. The average loan amount was $125,165 at an average note rate of 7.96%, with applicants self-reporting average annual income of $36K. 67 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.5x, meaning typical borrowers took on mortgages of about 3.5 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 21121 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,031
Applications
305
Originated
41.7%
Denial Rate
29.6%
Approval Rate
$125,165
Avg Loan Amount
7.96%
Avg Interest Rate
$36K
Avg Applicant Income
3.5x
Loan-to-Income Ratio

Nearby Lenders in Knox County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Vanderbilt Mortgage and Finance, INC 45 14.8%
2 Commercial Bank 28 9.2%
3 Community Trust Bank, Inc. 27 8.9%
4 L&N Federal Credit Union 26 8.5%
5 Rocket Mortgage 15 4.9%
Compare Vanderbilt Mortgage and Finance, INC vs Commercial Bank →

Frequently Asked Questions

How many mortgage applications were filed in Knox County?
In the 2024 HMDA reporting year, 1,031 mortgage applications were filed in Knox County, Kentucky. Of these, 305 were originated (approved and funded), while 430 were denied, resulting in a denial rate of 41.7%.
What is the mortgage denial rate in Knox County?
The mortgage denial rate in Knox County is 41.7%. The approval (origination) rate is 29.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Knox County?
The average mortgage loan amount in Knox County is $125,165. The average interest rate is 7.958%. The average applicant income is $36K.
What is the loan-to-income ratio in Knox County?
The average loan-to-income ratio in Knox County is 3.5x, meaning borrowers took on loans averaging 3.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Knox County?
The top mortgage lenders in Knox County by origination volume are Vanderbilt Mortgage and Finance, INC, Commercial Bank, Community Trust Bank, Inc.. In total, 67 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). 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.