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2024 data HMDA 2024 disclosure official source

Roane County

2,952 mortgage applications, 16.6% denial rate. Verify FIPS 47145 with U.S. Census Bureau →

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Tennessee · FIPS 47145

Local mortgage market. Roane County, Tennessee saw 2,952 HMDA-reported mortgage applications in 2024. Lenders originated 1,502 of those loans and denied 491, producing a denial rate of 16.6% and an approval (origination) rate of 50.9%. The average loan amount was $230,149 at an average note rate of 7.22%, with applicants self-reporting average annual income of $37K. 193 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.2x, meaning typical borrowers took on mortgages of about 6.2 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 47145 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,952
Applications
1,502
Originated
16.6%
Denial Rate
50.9%
Approval Rate
$230,149
Avg Loan Amount
7.22%
Avg Interest Rate
$37K
Avg Applicant Income
6.2x
Loan-to-Income Ratio

Nearby Lenders in Roane 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 111 7.4%
2 Rocket Mortgage 108 7.2%
3 Ornl Federal Credit Union 101 6.7%
4 Y 12 Federal Credit Union 101 6.7%
5 United Wholesale Mortgage 74 4.9%
Compare Mortgage Investors Group vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Roane County?
In the 2024 HMDA reporting year, 2,952 mortgage applications were filed in Roane County, Tennessee. Of these, 1,502 were originated (approved and funded), while 491 were denied, resulting in a denial rate of 16.6%.
What is the mortgage denial rate in Roane County?
The mortgage denial rate in Roane County is 16.6%. The approval (origination) rate is 50.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Roane County?
The average mortgage loan amount in Roane County is $230,149. The average interest rate is 7.220%. The average applicant income is $37K.
What is the loan-to-income ratio in Roane County?
The average loan-to-income ratio in Roane County is 6.2x, meaning borrowers took on loans averaging 6.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Roane County?
The top mortgage lenders in Roane County by origination volume are Mortgage Investors Group, Rocket Mortgage, Ornl Federal Credit Union. In total, 193 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.