PlainLender
2024 data HMDA 2024 disclosure official source

Grundy County

577 mortgage applications, 17.9% denial rate. Verify FIPS 47061 with U.S. Census Bureau →

PlainLender home → About this data

Tennessee · FIPS 47061

Local mortgage market. Grundy County, Tennessee saw 577 HMDA-reported mortgage applications in 2024. Lenders originated 278 of those loans and denied 103, producing a denial rate of 17.9% and an approval (origination) rate of 48.2%. The average loan amount was $172,192 at an average note rate of 7.89%, with applicants self-reporting average annual income of $36K. 76 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.8x, meaning typical borrowers took on mortgages of about 4.8 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 47061 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

577
Applications
278
Originated
17.9%
Denial Rate
48.2%
Approval Rate
$172,192
Avg Loan Amount
7.89%
Avg Interest Rate
$36K
Avg Applicant Income
4.8x
Loan-to-Income Ratio

Nearby Lenders in Grundy 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 Citizens Tri County Bank 76 27.3%
2 Rocket Mortgage 23 8.3%
3 New American Funding, LLC. 20 7.2%
4 Ascend Federal Credit Union 12 4.3%
5 21st Mortgage 11 4.0%
Compare Citizens Tri County Bank vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Grundy County?
In the 2024 HMDA reporting year, 577 mortgage applications were filed in Grundy County, Tennessee. Of these, 278 were originated (approved and funded), while 103 were denied, resulting in a denial rate of 17.9%.
What is the mortgage denial rate in Grundy County?
The mortgage denial rate in Grundy County is 17.9%. The approval (origination) rate is 48.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Grundy County?
The average mortgage loan amount in Grundy County is $172,192. The average interest rate is 7.895%. The average applicant income is $36K.
What is the loan-to-income ratio in Grundy County?
The average loan-to-income ratio in Grundy County is 4.8x, meaning borrowers took on loans averaging 4.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Grundy County?
The top mortgage lenders in Grundy County by origination volume are Citizens Tri County Bank, Rocket Mortgage, New American Funding, LLC.. In total, 76 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.