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2024 data HMDA 2024 disclosure official source

Gibson County

2,076 mortgage applications, 17.6% denial rate. Verify FIPS 47053 with U.S. Census Bureau →

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Tennessee · FIPS 47053

Local mortgage market. Gibson County, Tennessee saw 2,076 HMDA-reported mortgage applications in 2024. Lenders originated 1,117 of those loans and denied 366, producing a denial rate of 17.6% and an approval (origination) rate of 53.8%. The average loan amount was $164,355 at an average note rate of 7.10%, with applicants self-reporting average annual income of $36K. 136 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.6x, meaning typical borrowers took on mortgages of about 4.6 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 47053 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,076
Applications
1,117
Originated
17.6%
Denial Rate
53.8%
Approval Rate
$164,355
Avg Loan Amount
7.10%
Avg Interest Rate
$36K
Avg Applicant Income
4.6x
Loan-to-Income Ratio

Nearby Lenders in Gibson 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 174 15.6%
2 Regions Bank 117 10.5%
3 Centennial Bank 77 6.9%
4 Cadence Bank 63 5.6%
5 Mortgage Investors Group 57 5.1%
Compare Leaders Credit Union vs Regions Bank →

Frequently Asked Questions

How many mortgage applications were filed in Gibson County?
In the 2024 HMDA reporting year, 2,076 mortgage applications were filed in Gibson County, Tennessee. Of these, 1,117 were originated (approved and funded), while 366 were denied, resulting in a denial rate of 17.6%.
What is the mortgage denial rate in Gibson County?
The mortgage denial rate in Gibson County is 17.6%. The approval (origination) rate is 53.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Gibson County?
The average mortgage loan amount in Gibson County is $164,355. The average interest rate is 7.096%. The average applicant income is $36K.
What is the loan-to-income ratio in Gibson County?
The average loan-to-income ratio in Gibson County is 4.6x, meaning borrowers took on loans averaging 4.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Gibson County?
The top mortgage lenders in Gibson County by origination volume are Leaders Credit Union, Regions Bank, Centennial Bank. In total, 136 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.