States › Tennessee › Putnam County
Putnam County, Tennessee
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Lenders reported 2,462 mortgage applications in Putnam County, Tennessee, for 2024, and originated 1,520 loans worth $362m.
That is 45.2 originations per 1,000 households, against 56.9 for Tennessee and 48.0 nationally.
The county's denial rate was 19.3%, below the state rate of 22.6%. The median rate spread on originated loans was 0.4 percentage points and 14.6% of originations were 1.5 points or more above the average prime offer rate.
24 lenders reached 25 applications in the county; the most active by originations were Citizens Bank (160), Rocket Mortgage (99) and United Wholesale Mortgage (83).
Originations were up 9% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Citizens Bank | 173 | 160 | $32m | 1.2% | — |
| 2 | Rocket Mortgage | 121 | 99 | $24m | 10.8% | — |
| 3 | United Wholesale Mortgage | 110 | 83 | $27m | 14.3% | — |
| 4 | Firstbank | 104 | 73 | $18m | 19.4% | — |
| 5 | Regions Bank | 135 | 68 | $7.8m | 32.2% | — |
| 6 | DHI Mortgage Company, LTD. | 78 | 67 | $20m | 2.9% | — |
| 7 | Wilson Bank and Trust | 82 | 57 | $15m | 18.1% | — |
| 8 | Union Home Mortgage Corp. | 68 | 57 | $18m | 3.3% | — |
| 9 | American Financial Network, Inc. | 68 | 41 | $8.6m | 2.4% | — |
| 10 | Mortgage Investors Group | 54 | 34 | $9.7m | 15.9% | — |
| 11 | SmartBank | 34 | 31 | $8.0m | 3.1% | — |
| 12 | Mortgage Research Center | 50 | 30 | $9.4m | 8.8% | — |
| 13 | First Horizon Bank | 46 | 30 | $6.8m | 29.5% | — |
| 14 | Ascend Federal Credit Union | 37 | 25 | $3.2m | 18.8% | — |
| 15 | Us Bank, N.A. | 59 | 24 | $5.0m | 52.9% | — |
| 16 | Navy Federal Credit Union | 34 | 21 | $5.3m | 12.0% | — |
| 17 | Pennymac Loan Services LLC | 42 | 19 | $5.6m | 23.1% | — |
| 18 | First Community Mortgage | 29 | 19 | $4.7m | 22.2% | — |
| 19 | SouthEast Bank | 29 | 17 | $2.6m | 14.8% | — |
| 20 | Nationstar Mortgage | 25 | 17 | $2.7m | — | — |
| 21 | CMG Mortgage Inc | 26 | 13 | $3.8m | — | — |
| 22 | Discover Bank | 52 | 10 | $1.0m | 73.7% | — |
| 23 | 21st Mortgage | 44 | 6 | $820k | 80.0% | — |
| 24 | Vanderbilt Mortgage and Finance, Inc | 60 | 2 | $400k | — | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 24. Denial rate is denials over decided applications in this county.
Compared with Tennessee and the nation
| Measure | This county | Tennessee | United States |
|---|---|---|---|
| Denial rate | 19.3% | 22.6% | 24.3% |
| Median rate spread, pp | 0.4 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 14.6% | 14.7% | 15.6% |
| Average originated loan | $238k | $302k | $329k |
| Originations per 1,000 households | 45.2 | 56.9 | 48.0 |
| Home purchase share of originations | 52.2% | 55.5% | 57.0% |
| FHA-insured share | 16.5% | 15.5% | 13.4% |
| VA-guaranteed share | 9.7% | 10.0% | 7.9% |
Rate spread distribution
Share of 1,359 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Tennessee). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 52% (794)Home improvement 9% (137)Refinancing 14% (215)Cash-out refinancing 14% (206)Other purpose 11% (168)
By type
Conventional 73% (1,106)FHA 17% (251)VA 10% (147)USDA 1% (16)
Trend by year
ApplicationsOriginations
This countyTennessee
Questions and answers
Which lenders are most active in Putnam County, TN?
By 2024 originations: Citizens Bank (160), Rocket Mortgage (99), United Wholesale Mortgage (83), Firstbank (73), Regions Bank (68). 24 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Putnam County?
19.3% of decided applications were denied in 2024, against 22.6% across Tennessee and 24.3% nationally.
How many mortgages were originated in Putnam County in 2024?
1,520 loans totalling $362m, from 2,462 applications; 45.2 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 47141; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.