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2024 data HMDA 2024 disclosure official source

Escambia County

998 mortgage applications, 23.4% denial rate. Verify FIPS 01053 with U.S. Census Bureau →

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Alabama · FIPS 01053

Local mortgage market. Escambia County, Alabama saw 998 HMDA-reported mortgage applications in 2024. Lenders originated 445 of those loans and denied 234, producing a denial rate of 23.4% and an approval (origination) rate of 44.6%. The average loan amount was $147,605 at an average note rate of 7.35%, with applicants self-reporting average annual income of $38K. 103 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 01053 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

998
Applications
445
Originated
23.4%
Denial Rate
44.6%
Approval Rate
$147,605
Avg Loan Amount
7.35%
Avg Interest Rate
$38K
Avg Applicant Income
3.9x
Loan-to-Income Ratio

Nearby Lenders in Escambia 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 Rocket Mortgage 42 9.4%
2 Fairway Independent Mort CORP 40 9.0%
3 Regions Bank 23 5.2%
4 Mortgage Research Center 20 4.5%
5 21st Mortgage 18 4.0%
Compare Rocket Mortgage vs Fairway Independent Mort CORP →

Frequently Asked Questions

How many mortgage applications were filed in Escambia County?
In the 2024 HMDA reporting year, 998 mortgage applications were filed in Escambia County, Alabama. Of these, 445 were originated (approved and funded), while 234 were denied, resulting in a denial rate of 23.4%.
What is the mortgage denial rate in Escambia County?
The mortgage denial rate in Escambia County is 23.4%. The approval (origination) rate is 44.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Escambia County?
The average mortgage loan amount in Escambia County is $147,605. The average interest rate is 7.351%. The average applicant income is $38K.
What is the loan-to-income ratio in Escambia County?
The average loan-to-income ratio in Escambia 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 Escambia County?
The top mortgage lenders in Escambia County by origination volume are Rocket Mortgage, Fairway Independent Mort CORP, Regions Bank. In total, 103 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.