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2024 data HMDA 2024 disclosure official source

Carter County

1,981 mortgage applications, 17.5% denial rate. Verify FIPS 47019 with U.S. Census Bureau →

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Tennessee · FIPS 47019

Local mortgage market. Carter County, Tennessee saw 1,981 HMDA-reported mortgage applications in 2024. Lenders originated 1,039 of those loans and denied 347, producing a denial rate of 17.5% and an approval (origination) rate of 52.4%. The average loan amount was $188,145 at an average note rate of 7.22%, with applicants self-reporting average annual income of $38K. 139 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.0x, meaning typical borrowers took on mortgages of about 5.0 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 47019 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,981
Applications
1,039
Originated
17.5%
Denial Rate
52.4%
Approval Rate
$188,145
Avg Loan Amount
7.22%
Avg Interest Rate
$38K
Avg Applicant Income
5.0x
Loan-to-Income Ratio

Nearby Lenders in Carter 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 Eastman Credit Union 203 19.5%
2 Movement Mortgage, LLC 81 7.8%
3 Bank of Tennessee 76 7.3%
4 Rocket Mortgage 61 5.9%
5 United Wholesale Mortgage 44 4.2%
Compare Eastman Credit Union vs Movement Mortgage, LLC →

Frequently Asked Questions

How many mortgage applications were filed in Carter County?
In the 2024 HMDA reporting year, 1,981 mortgage applications were filed in Carter County, Tennessee. Of these, 1,039 were originated (approved and funded), while 347 were denied, resulting in a denial rate of 17.5%.
What is the mortgage denial rate in Carter County?
The mortgage denial rate in Carter County is 17.5%. The approval (origination) rate is 52.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Carter County?
The average mortgage loan amount in Carter County is $188,145. The average interest rate is 7.216%. The average applicant income is $38K.
What is the loan-to-income ratio in Carter County?
The average loan-to-income ratio in Carter County is 5.0x, meaning borrowers took on loans averaging 5.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Carter County?
The top mortgage lenders in Carter County by origination volume are Eastman Credit Union, Movement Mortgage, LLC, Bank of Tennessee. In total, 139 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.