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2024 data HMDA 2024 disclosure official source

Baldwin County

15,533 mortgage applications, 16.6% denial rate. Verify FIPS 01003 with U.S. Census Bureau →

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Alabama · FIPS 01003

Local mortgage market. Baldwin County, Alabama saw 15,533 HMDA-reported mortgage applications in 2024. Lenders originated 7,815 of those loans and denied 2,586, producing a denial rate of 16.6% and an approval (origination) rate of 50.3%. The average loan amount was $284,574 at an average note rate of 6.99%, with applicants self-reporting average annual income of $38K. 444 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.5x, meaning typical borrowers took on mortgages of about 7.5 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 01003 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

15,533
Applications
7,815
Originated
16.6%
Denial Rate
50.3%
Approval Rate
$284,574
Avg Loan Amount
6.99%
Avg Interest Rate
$38K
Avg Applicant Income
7.5x
Loan-to-Income Ratio

Nearby Lenders in Baldwin 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 DHI Mortgage Company, LTD. 922 11.8%
2 Regions Bank 393 5.0%
3 Rocket Mortgage 380 4.9%
4 United Wholesale Mortgage 326 4.2%
5 Trustmark National Bank 268 3.4%
Compare DHI Mortgage Company, LTD. vs Regions Bank →

Frequently Asked Questions

How many mortgage applications were filed in Baldwin County?
In the 2024 HMDA reporting year, 15,533 mortgage applications were filed in Baldwin County, Alabama. Of these, 7,815 were originated (approved and funded), while 2,586 were denied, resulting in a denial rate of 16.6%.
What is the mortgage denial rate in Baldwin County?
The mortgage denial rate in Baldwin County is 16.6%. The approval (origination) rate is 50.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Baldwin County?
The average mortgage loan amount in Baldwin County is $284,574. The average interest rate is 6.992%. The average applicant income is $38K.
What is the loan-to-income ratio in Baldwin County?
The average loan-to-income ratio in Baldwin County is 7.5x, meaning borrowers took on loans averaging 7.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Baldwin County?
The top mortgage lenders in Baldwin County by origination volume are DHI Mortgage Company, LTD., Regions Bank, Rocket Mortgage. In total, 444 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.