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2024 data HMDA 2024 disclosure official source

Lauderdale County

3,637 mortgage applications, 14.5% denial rate. Verify FIPS 01077 with U.S. Census Bureau →

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Alabama · FIPS 01077

Local mortgage market. Lauderdale County, Alabama saw 3,637 HMDA-reported mortgage applications in 2024. Lenders originated 2,052 of those loans and denied 528, producing a denial rate of 14.5% and an approval (origination) rate of 56.4%. The average loan amount was $188,855 at an average note rate of 7.16%, with applicants self-reporting average annual income of $36K. 173 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.2x, meaning typical borrowers took on mortgages of about 5.2 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 01077 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

3,637
Applications
2,052
Originated
14.5%
Denial Rate
56.4%
Approval Rate
$188,855
Avg Loan Amount
7.16%
Avg Interest Rate
$36K
Avg Applicant Income
5.2x
Loan-to-Income Ratio

Nearby Lenders in Lauderdale 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 Bank Independent 342 16.7%
2 Listerhill Credit Union 136 6.6%
3 Trustmark National Bank 122 5.9%
4 Assurance Financial Group, L.L.C. 106 5.2%
5 Rocket Mortgage 102 5.0%
Compare Bank Independent vs Listerhill Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Lauderdale County?
In the 2024 HMDA reporting year, 3,637 mortgage applications were filed in Lauderdale County, Alabama. Of these, 2,052 were originated (approved and funded), while 528 were denied, resulting in a denial rate of 14.5%.
What is the mortgage denial rate in Lauderdale County?
The mortgage denial rate in Lauderdale County is 14.5%. The approval (origination) rate is 56.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Lauderdale County?
The average mortgage loan amount in Lauderdale County is $188,855. The average interest rate is 7.162%. The average applicant income is $36K.
What is the loan-to-income ratio in Lauderdale County?
The average loan-to-income ratio in Lauderdale County is 5.2x, meaning borrowers took on loans averaging 5.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Lauderdale County?
The top mortgage lenders in Lauderdale County by origination volume are Bank Independent, Listerhill Credit Union, Trustmark National Bank. In total, 173 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.