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2024 data HMDA 2024 disclosure official source

Lawrence County

1,477 mortgage applications, 24.8% denial rate. Verify FIPS 01079 with U.S. Census Bureau →

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Alabama · FIPS 01079

Local mortgage market. Lawrence County, Alabama saw 1,477 HMDA-reported mortgage applications in 2024. Lenders originated 620 of those loans and denied 366, producing a denial rate of 24.8% and an approval (origination) rate of 42.0%. The average loan amount was $148,622 at an average note rate of 7.55%, with applicants self-reporting average annual income of $36K. 113 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.1x, meaning typical borrowers took on mortgages of about 4.1 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 01079 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,477
Applications
620
Originated
24.8%
Denial Rate
42.0%
Approval Rate
$148,622
Avg Loan Amount
7.55%
Avg Interest Rate
$36K
Avg Applicant Income
4.1x
Loan-to-Income Ratio

Nearby Lenders in Lawrence 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 49 7.9%
2 Bank Independent 39 6.3%
3 Rocket Mortgage 38 6.1%
4 Vanderbilt Mortgage and Finance, INC 37 6.0%
5 Redstone Federal Credit Union 34 5.5%
Compare Regions Bank vs Bank Independent →

Frequently Asked Questions

How many mortgage applications were filed in Lawrence County?
In the 2024 HMDA reporting year, 1,477 mortgage applications were filed in Lawrence County, Alabama. Of these, 620 were originated (approved and funded), while 366 were denied, resulting in a denial rate of 24.8%.
What is the mortgage denial rate in Lawrence County?
The mortgage denial rate in Lawrence County is 24.8%. The approval (origination) rate is 42.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Lawrence County?
The average mortgage loan amount in Lawrence County is $148,622. The average interest rate is 7.551%. The average applicant income is $36K.
What is the loan-to-income ratio in Lawrence County?
The average loan-to-income ratio in Lawrence County is 4.1x, meaning borrowers took on loans averaging 4.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Lawrence County?
The top mortgage lenders in Lawrence County by origination volume are Regions Bank, Bank Independent, Rocket Mortgage. In total, 113 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.