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2024 data HMDA 2024 disclosure official source

Talladega County

3,266 mortgage applications, 23.9% denial rate. Verify FIPS 01121 with U.S. Census Bureau →

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Alabama · FIPS 01121

Local mortgage market. Talladega County, Alabama saw 3,266 HMDA-reported mortgage applications in 2024. Lenders originated 1,354 of those loans and denied 781, producing a denial rate of 23.9% and an approval (origination) rate of 41.5%. The average loan amount was $158,209 at an average note rate of 7.10%, with applicants self-reporting average annual income of $37K. 178 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.3x, meaning typical borrowers took on mortgages of about 4.3 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 01121 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

3,266
Applications
1,354
Originated
23.9%
Denial Rate
41.5%
Approval Rate
$158,209
Avg Loan Amount
7.10%
Avg Interest Rate
$37K
Avg Applicant Income
4.3x
Loan-to-Income Ratio

Nearby Lenders in Talladega 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 Rocket Mortgage 78 5.8%
2 United Wholesale Mortgage 73 5.4%
3 Peoples Mortgage Company 66 4.9%
4 Regions Bank 61 4.5%
5 Lendlo Mortgage, LLC 53 3.9%
Compare Rocket Mortgage vs United Wholesale Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Talladega County?
In the 2024 HMDA reporting year, 3,266 mortgage applications were filed in Talladega County, Alabama. Of these, 1,354 were originated (approved and funded), while 781 were denied, resulting in a denial rate of 23.9%.
What is the mortgage denial rate in Talladega County?
The mortgage denial rate in Talladega County is 23.9%. The approval (origination) rate is 41.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Talladega County?
The average mortgage loan amount in Talladega County is $158,209. The average interest rate is 7.096%. The average applicant income is $37K.
What is the loan-to-income ratio in Talladega County?
The average loan-to-income ratio in Talladega County is 4.3x, meaning borrowers took on loans averaging 4.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Talladega County?
The top mortgage lenders in Talladega County by origination volume are Rocket Mortgage, United Wholesale Mortgage, Peoples Mortgage Company. In total, 178 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.