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2024 data HMDA 2024 disclosure official source

Macon County

1,126 mortgage applications, 11.0% denial rate. Verify FIPS 47111 with U.S. Census Bureau →

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Tennessee · FIPS 47111

Local mortgage market. Macon County, Tennessee saw 1,126 HMDA-reported mortgage applications in 2024. Lenders originated 650 of those loans and denied 124, producing a denial rate of 11.0% and an approval (origination) rate of 57.7%. The average loan amount was $214,130 at an average note rate of 7.20%, with applicants self-reporting average annual income of $38K. 118 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.6x, meaning typical borrowers took on mortgages of about 5.6 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 47111 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,126
Applications
650
Originated
11.0%
Denial Rate
57.7%
Approval Rate
$214,130
Avg Loan Amount
7.20%
Avg Interest Rate
$38K
Avg Applicant Income
5.6x
Loan-to-Income Ratio

Nearby Lenders in Macon 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 Bank 99 15.2%
2 Macon Bank and Trust Company 75 11.5%
3 Rocket Mortgage 52 8.0%
4 United Wholesale Mortgage 42 6.5%
5 Cmg Mortgage INC 26 4.0%
Compare Citizens Bank vs Macon Bank and Trust Company →

Frequently Asked Questions

How many mortgage applications were filed in Macon County?
In the 2024 HMDA reporting year, 1,126 mortgage applications were filed in Macon County, Tennessee. Of these, 650 were originated (approved and funded), while 124 were denied, resulting in a denial rate of 11.0%.
What is the mortgage denial rate in Macon County?
The mortgage denial rate in Macon County is 11.0%. The approval (origination) rate is 57.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Macon County?
The average mortgage loan amount in Macon County is $214,130. The average interest rate is 7.203%. The average applicant income is $38K.
What is the loan-to-income ratio in Macon County?
The average loan-to-income ratio in Macon County is 5.6x, meaning borrowers took on loans averaging 5.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Macon County?
The top mortgage lenders in Macon County by origination volume are Citizens Bank, Macon Bank and Trust Company, Rocket Mortgage. In total, 118 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.