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2024 data HMDA 2024 disclosure official source

Lawrence County

1,575 mortgage applications, 16.4% denial rate. Verify FIPS 47099 with U.S. Census Bureau →

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Tennessee · FIPS 47099

Local mortgage market. Lawrence County, Tennessee saw 1,575 HMDA-reported mortgage applications in 2024. Lenders originated 838 of those loans and denied 258, producing a denial rate of 16.4% and an approval (origination) rate of 53.2%. The average loan amount was $197,216 at an average note rate of 7.08%, with applicants self-reporting average annual income of $37K. 143 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.3x, meaning typical borrowers took on mortgages of about 5.3 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 47099 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,575
Applications
838
Originated
16.4%
Denial Rate
53.2%
Approval Rate
$197,216
Avg Loan Amount
7.08%
Avg Interest Rate
$37K
Avg Applicant Income
5.3x
Loan-to-Income Ratio

Nearby Lenders in Lawrence 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 Fairway Independent Mort CORP 112 13.4%
2 First Farmers and Merchants Bank 59 7.0%
3 Rocket Mortgage 56 6.7%
4 United Wholesale Mortgage 31 3.7%
5 First Community Mortgage 28 3.3%
Compare Fairway Independent Mort CORP vs First Farmers and Merchants Bank →

Frequently Asked Questions

How many mortgage applications were filed in Lawrence County?
In the 2024 HMDA reporting year, 1,575 mortgage applications were filed in Lawrence County, Tennessee. Of these, 838 were originated (approved and funded), while 258 were denied, resulting in a denial rate of 16.4%.
What is the mortgage denial rate in Lawrence County?
The mortgage denial rate in Lawrence County is 16.4%. The approval (origination) rate is 53.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Lawrence County?
The average mortgage loan amount in Lawrence County is $197,216. The average interest rate is 7.085%. The average applicant income is $37K.
What is the loan-to-income ratio in Lawrence County?
The average loan-to-income ratio in Lawrence County is 5.3x, meaning borrowers took on loans averaging 5.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Lawrence County?
The top mortgage lenders in Lawrence County by origination volume are Fairway Independent Mort CORP, First Farmers and Merchants Bank, Rocket Mortgage. In total, 143 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.