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2024 data HMDA 2024 disclosure official source

Etowah County

3,764 mortgage applications, 19.0% denial rate. Verify FIPS 01055 with U.S. Census Bureau →

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Alabama · FIPS 01055

Local mortgage market. Etowah County, Alabama saw 3,764 HMDA-reported mortgage applications in 2024. Lenders originated 1,893 of those loans and denied 715, producing a denial rate of 19.0% and an approval (origination) rate of 50.3%. The average loan amount was $162,670 at an average note rate of 7.22%, with applicants self-reporting average annual income of $37K. 172 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.4x, meaning typical borrowers took on mortgages of about 4.4 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 01055 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

3,764
Applications
1,893
Originated
19.0%
Denial Rate
50.3%
Approval Rate
$162,670
Avg Loan Amount
7.22%
Avg Interest Rate
$37K
Avg Applicant Income
4.4x
Loan-to-Income Ratio

Nearby Lenders in Etowah 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 Regions Bank 143 7.6%
2 Family Savings Credit Union 138 7.3%
3 Rocket Mortgage 128 6.8%
4 Emblem Credit Union 105 5.5%
5 Towne Mortgage Company 97 5.1%
Compare Regions Bank vs Family Savings Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Etowah County?
In the 2024 HMDA reporting year, 3,764 mortgage applications were filed in Etowah County, Alabama. Of these, 1,893 were originated (approved and funded), while 715 were denied, resulting in a denial rate of 19.0%.
What is the mortgage denial rate in Etowah County?
The mortgage denial rate in Etowah County is 19.0%. The approval (origination) rate is 50.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Etowah County?
The average mortgage loan amount in Etowah County is $162,670. The average interest rate is 7.225%. The average applicant income is $37K.
What is the loan-to-income ratio in Etowah County?
The average loan-to-income ratio in Etowah County is 4.4x, meaning borrowers took on loans averaging 4.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Etowah County?
The top mortgage lenders in Etowah County by origination volume are Regions Bank, Family Savings Credit Union, Rocket Mortgage. In total, 172 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.