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2024 data HMDA 2024 disclosure official source

Perry County

209 mortgage applications, 38.8% denial rate. Verify FIPS 01105 with U.S. Census Bureau →

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Alabama · FIPS 01105

Local mortgage market. Perry County, Alabama saw 209 HMDA-reported mortgage applications in 2024. Lenders originated 54 of those loans and denied 81, producing a denial rate of 38.8% and an approval (origination) rate of 25.8%. The average loan amount was $118,110 at an average note rate of 7.70%, with applicants self-reporting average annual income of $36K. 32 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.3x, meaning typical borrowers took on mortgages of about 3.3 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 01105 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

209
Applications
54
Originated
38.8%
Denial Rate
25.8%
Approval Rate
$118,110
Avg Loan Amount
7.70%
Avg Interest Rate
$36K
Avg Applicant Income
3.3x
Loan-to-Income Ratio

Nearby Lenders in Perry 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 Marion Community Bank 7 13.0%
2 Vanderbilt Mortgage and Finance, INC 4 7.4%
3 Crosscountry Mortgage, LLC 4 7.4%
4 Peoples Banik of Greensboro 3 5.6%
5 Triad Financial Services, INC. 3 5.6%
Compare Marion Community Bank vs Vanderbilt Mortgage and Finance, INC →

Frequently Asked Questions

How many mortgage applications were filed in Perry County?
In the 2024 HMDA reporting year, 209 mortgage applications were filed in Perry County, Alabama. Of these, 54 were originated (approved and funded), while 81 were denied, resulting in a denial rate of 38.8%.
What is the mortgage denial rate in Perry County?
The mortgage denial rate in Perry County is 38.8%. The approval (origination) rate is 25.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Perry County?
The average mortgage loan amount in Perry County is $118,110. The average interest rate is 7.697%. The average applicant income is $36K.
What is the loan-to-income ratio in Perry County?
The average loan-to-income ratio in Perry County is 3.3x, meaning borrowers took on loans averaging 3.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Perry County?
The top mortgage lenders in Perry County by origination volume are Marion Community Bank, Vanderbilt Mortgage and Finance, INC, Crosscountry Mortgage, LLC. In total, 32 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.