PlainLender
2024 data HMDA 2024 disclosure official source

Dyer County

1,360 mortgage applications, 18.8% denial rate. Verify FIPS 47045 with U.S. Census Bureau →

PlainLender home → About this data

Tennessee · FIPS 47045

Local mortgage market. Dyer County, Tennessee saw 1,360 HMDA-reported mortgage applications in 2024. Lenders originated 699 of those loans and denied 255, producing a denial rate of 18.8% and an approval (origination) rate of 51.4%. The average loan amount was $148,743 at an average note rate of 6.87%, with applicants self-reporting average annual income of $36K. 100 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.1x, meaning typical borrowers took on mortgages of about 4.1 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 47045 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,360
Applications
699
Originated
18.8%
Denial Rate
51.4%
Approval Rate
$148,743
Avg Loan Amount
6.87%
Avg Interest Rate
$36K
Avg Applicant Income
4.1x
Loan-to-Income Ratio

Nearby Lenders in Dyer 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 Leaders Credit Union 157 22.5%
2 First Citizens National Bank 114 16.3%
3 Regions Bank 45 6.4%
4 Rocket Mortgage 43 6.2%
5 Simmons Bank 40 5.7%
Compare Leaders Credit Union vs First Citizens National Bank →

Frequently Asked Questions

How many mortgage applications were filed in Dyer County?
In the 2024 HMDA reporting year, 1,360 mortgage applications were filed in Dyer County, Tennessee. Of these, 699 were originated (approved and funded), while 255 were denied, resulting in a denial rate of 18.8%.
What is the mortgage denial rate in Dyer County?
The mortgage denial rate in Dyer County is 18.8%. The approval (origination) rate is 51.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Dyer County?
The average mortgage loan amount in Dyer County is $148,743. The average interest rate is 6.865%. The average applicant income is $36K.
What is the loan-to-income ratio in Dyer County?
The average loan-to-income ratio in Dyer County is 4.1x, meaning borrowers took on loans averaging 4.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Dyer County?
The top mortgage lenders in Dyer County by origination volume are Leaders Credit Union, First Citizens National Bank, Regions Bank. In total, 100 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.