PlainLender
2024 data HMDA 2024 disclosure official source

Davidson County

29,781 mortgage applications, 15.6% denial rate. Verify FIPS 47037 with U.S. Census Bureau →

PlainLender home → About this data

Tennessee · FIPS 47037

Local mortgage market. Davidson County, Tennessee saw 29,781 HMDA-reported mortgage applications in 2024. Lenders originated 15,467 of those loans and denied 4,640, producing a denial rate of 15.6% and an approval (origination) rate of 51.9%. The average loan amount was $405,422 at an average note rate of 7.11%, with applicants self-reporting average annual income of $38K. 586 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 10.7x, meaning typical borrowers took on mortgages of about 10.7 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 47037 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

29,781
Applications
15,467
Originated
15.6%
Denial Rate
51.9%
Approval Rate
$405,422
Avg Loan Amount
7.11%
Avg Interest Rate
$38K
Avg Applicant Income
10.7x
Loan-to-Income Ratio

Nearby Lenders in Davidson 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 766 5.0%
2 Rocket Mortgage 762 4.9%
3 Pinnacle Bank 622 4.0%
4 Regions Bank 610 3.9%
5 Legacy Home Loan LLC Dba Steadfast Mortgage 569 3.7%
Compare United Wholesale Mortgage vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Davidson County?
In the 2024 HMDA reporting year, 29,781 mortgage applications were filed in Davidson County, Tennessee. Of these, 15,467 were originated (approved and funded), while 4,640 were denied, resulting in a denial rate of 15.6%.
What is the mortgage denial rate in Davidson County?
The mortgage denial rate in Davidson County is 15.6%. The approval (origination) rate is 51.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Davidson County?
The average mortgage loan amount in Davidson County is $405,422. The average interest rate is 7.110%. The average applicant income is $38K.
What is the loan-to-income ratio in Davidson County?
The average loan-to-income ratio in Davidson County is 10.7x, meaning borrowers took on loans averaging 10.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Davidson County?
The top mortgage lenders in Davidson County by origination volume are United Wholesale Mortgage, Rocket Mortgage, Pinnacle Bank. In total, 586 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.