PlainLender
2024 data HMDA 2024 disclosure official source

Limestone County

7,376 mortgage applications, 13.9% denial rate. Verify FIPS 01083 with U.S. Census Bureau →

PlainLender home → About this data

Alabama · FIPS 01083

Local mortgage market. Limestone County, Alabama saw 7,376 HMDA-reported mortgage applications in 2024. Lenders originated 3,926 of those loans and denied 1,025, producing a denial rate of 13.9% and an approval (origination) rate of 53.2%. The average loan amount was $255,182 at an average note rate of 6.83%, with applicants self-reporting average annual income of $37K. 261 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.9x, meaning typical borrowers took on mortgages of about 6.9 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 01083 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

7,376
Applications
3,926
Originated
13.9%
Denial Rate
53.2%
Approval Rate
$255,182
Avg Loan Amount
6.83%
Avg Interest Rate
$37K
Avg Applicant Income
6.9x
Loan-to-Income Ratio

Nearby Lenders in Limestone 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 Redstone Federal Credit Union 339 8.6%
2 Lennar Mortgage, LLC 306 7.8%
3 United Wholesale Mortgage 216 5.5%
4 Rocket Mortgage 200 5.1%
5 Regions Bank 148 3.8%
Compare Redstone Federal Credit Union vs Lennar Mortgage, LLC →

Frequently Asked Questions

How many mortgage applications were filed in Limestone County?
In the 2024 HMDA reporting year, 7,376 mortgage applications were filed in Limestone County, Alabama. Of these, 3,926 were originated (approved and funded), while 1,025 were denied, resulting in a denial rate of 13.9%.
What is the mortgage denial rate in Limestone County?
The mortgage denial rate in Limestone County is 13.9%. The approval (origination) rate is 53.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Limestone County?
The average mortgage loan amount in Limestone County is $255,182. The average interest rate is 6.832%. The average applicant income is $37K.
What is the loan-to-income ratio in Limestone County?
The average loan-to-income ratio in Limestone County is 6.9x, meaning borrowers took on loans averaging 6.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Limestone County?
The top mortgage lenders in Limestone County by origination volume are Redstone Federal Credit Union, Lennar Mortgage, LLC, United Wholesale Mortgage. In total, 261 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.