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2024 data HMDA 2024 disclosure official source

Obion County

1,011 mortgage applications, 19.5% denial rate. Verify FIPS 47131 with U.S. Census Bureau →

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Tennessee · FIPS 47131

Local mortgage market. Obion County, Tennessee saw 1,011 HMDA-reported mortgage applications in 2024. Lenders originated 507 of those loans and denied 197, producing a denial rate of 19.5% and an approval (origination) rate of 50.1%. The average loan amount was $135,841 at an average note rate of 7.16%, with applicants self-reporting average annual income of $35K. 74 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.9x, meaning typical borrowers took on mortgages of about 3.9 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 47131 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,011
Applications
507
Originated
19.5%
Denial Rate
50.1%
Approval Rate
$135,841
Avg Loan Amount
7.16%
Avg Interest Rate
$35K
Avg Applicant Income
3.9x
Loan-to-Income Ratio

Nearby Lenders in Obion 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 72 14.2%
2 First Citizens National Bank 70 13.8%
3 Commercial Bank & Trust Company 70 13.8%
4 Regions Bank 36 7.1%
5 Rocket Mortgage 32 6.3%
Compare Leaders Credit Union vs First Citizens National Bank →

Frequently Asked Questions

How many mortgage applications were filed in Obion County?
In the 2024 HMDA reporting year, 1,011 mortgage applications were filed in Obion County, Tennessee. Of these, 507 were originated (approved and funded), while 197 were denied, resulting in a denial rate of 19.5%.
What is the mortgage denial rate in Obion County?
The mortgage denial rate in Obion County is 19.5%. The approval (origination) rate is 50.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Obion County?
The average mortgage loan amount in Obion County is $135,841. The average interest rate is 7.163%. The average applicant income is $35K.
What is the loan-to-income ratio in Obion County?
The average loan-to-income ratio in Obion County is 3.9x, meaning borrowers took on loans averaging 3.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Obion County?
The top mortgage lenders in Obion County by origination volume are Leaders Credit Union, First Citizens National Bank, Commercial Bank & Trust Company. In total, 74 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.