PlainLender
2024 data HMDA 2024 disclosure official source

Knox County

22,378 mortgage applications, 14.0% denial rate. Verify FIPS 47093 with U.S. Census Bureau →

PlainLender home → About this data

Tennessee · FIPS 47093

Local mortgage market. Knox County, Tennessee saw 22,378 HMDA-reported mortgage applications in 2024. Lenders originated 12,446 of those loans and denied 3,137, producing a denial rate of 14.0% and an approval (origination) rate of 55.6%. The average loan amount was $303,070 at an average note rate of 7.17%, with applicants self-reporting average annual income of $37K. 475 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 8.2x, meaning typical borrowers took on mortgages of about 8.2 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 47093 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

22,378
Applications
12,446
Originated
14.0%
Denial Rate
55.6%
Approval Rate
$303,070
Avg Loan Amount
7.17%
Avg Interest Rate
$37K
Avg Applicant Income
8.2x
Loan-to-Income Ratio

Nearby Lenders in Knox 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 Mortgage Investors Group 989 7.9%
2 Knoxville TVA Employees Credit Union 659 5.3%
3 Rocket Mortgage 657 5.3%
4 United Wholesale Mortgage 614 4.9%
5 Ornl Federal Credit Union 587 4.7%
Compare Mortgage Investors Group vs Knoxville TVA Employees Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Knox County?
In the 2024 HMDA reporting year, 22,378 mortgage applications were filed in Knox County, Tennessee. Of these, 12,446 were originated (approved and funded), while 3,137 were denied, resulting in a denial rate of 14.0%.
What is the mortgage denial rate in Knox County?
The mortgage denial rate in Knox County is 14.0%. The approval (origination) rate is 55.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Knox County?
The average mortgage loan amount in Knox County is $303,070. The average interest rate is 7.166%. The average applicant income is $37K.
What is the loan-to-income ratio in Knox County?
The average loan-to-income ratio in Knox County is 8.2x, meaning borrowers took on loans averaging 8.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Knox County?
The top mortgage lenders in Knox County by origination volume are Mortgage Investors Group, Knoxville TVA Employees Credit Union, Rocket Mortgage. In total, 475 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.