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2024 data HMDA 2024 disclosure official source

Cheatham County

2,317 mortgage applications, 15.4% denial rate. Verify FIPS 47021 with U.S. Census Bureau →

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Tennessee · FIPS 47021

Local mortgage market. Cheatham County, Tennessee saw 2,317 HMDA-reported mortgage applications in 2024. Lenders originated 1,262 of those loans and denied 358, producing a denial rate of 15.4% and an approval (origination) rate of 54.5%. The average loan amount was $271,413 at an average note rate of 7.04%, with applicants self-reporting average annual income of $38K. 202 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.1x, meaning typical borrowers took on mortgages of about 7.1 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 47021 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,317
Applications
1,262
Originated
15.4%
Denial Rate
54.5%
Approval Rate
$271,413
Avg Loan Amount
7.04%
Avg Interest Rate
$38K
Avg Applicant Income
7.1x
Loan-to-Income Ratio

Nearby Lenders in Cheatham 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 United Wholesale Mortgage 97 7.7%
2 Rocket Mortgage 96 7.6%
3 Cmg Mortgage INC 60 4.8%
4 Pinnacle Bank 52 4.1%
5 United Community Bank 46 3.6%
Compare United Wholesale Mortgage vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Cheatham County?
In the 2024 HMDA reporting year, 2,317 mortgage applications were filed in Cheatham County, Tennessee. Of these, 1,262 were originated (approved and funded), while 358 were denied, resulting in a denial rate of 15.4%.
What is the mortgage denial rate in Cheatham County?
The mortgage denial rate in Cheatham County is 15.4%. The approval (origination) rate is 54.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Cheatham County?
The average mortgage loan amount in Cheatham County is $271,413. The average interest rate is 7.037%. The average applicant income is $38K.
What is the loan-to-income ratio in Cheatham County?
The average loan-to-income ratio in Cheatham County is 7.1x, meaning borrowers took on loans averaging 7.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Cheatham County?
The top mortgage lenders in Cheatham County by origination volume are United Wholesale Mortgage, Rocket Mortgage, Cmg Mortgage INC. In total, 202 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.