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2024 data HMDA 2024 disclosure official source

Randolph County

841 mortgage applications, 21.1% denial rate. Verify FIPS 01111 with U.S. Census Bureau →

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Alabama · FIPS 01111

Local mortgage market. Randolph County, Alabama saw 841 HMDA-reported mortgage applications in 2024. Lenders originated 365 of those loans and denied 177, producing a denial rate of 21.1% and an approval (origination) rate of 43.4%. The average loan amount was $197,093 at an average note rate of 7.18%, with applicants self-reporting average annual income of $37K. 101 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.3x, meaning typical borrowers took on mortgages of about 5.3 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 01111 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

841
Applications
365
Originated
21.1%
Denial Rate
43.4%
Approval Rate
$197,093
Avg Loan Amount
7.18%
Avg Interest Rate
$37K
Avg Applicant Income
5.3x
Loan-to-Income Ratio

Nearby Lenders in Randolph 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 First Bank of Alabama 33 9.0%
2 Rocket Mortgage 28 7.7%
3 Alabama ONE Credit Union 24 6.6%
4 21st Mortgage 22 6.0%
5 United Wholesale Mortgage 16 4.4%
Compare First Bank of Alabama vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Randolph County?
In the 2024 HMDA reporting year, 841 mortgage applications were filed in Randolph County, Alabama. Of these, 365 were originated (approved and funded), while 177 were denied, resulting in a denial rate of 21.1%.
What is the mortgage denial rate in Randolph County?
The mortgage denial rate in Randolph County is 21.1%. The approval (origination) rate is 43.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Randolph County?
The average mortgage loan amount in Randolph County is $197,093. The average interest rate is 7.183%. The average applicant income is $37K.
What is the loan-to-income ratio in Randolph County?
The average loan-to-income ratio in Randolph County is 5.3x, meaning borrowers took on loans averaging 5.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Randolph County?
The top mortgage lenders in Randolph County by origination volume are First Bank of Alabama, Rocket Mortgage, Alabama ONE Credit Union. In total, 101 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.