PlainLender
2024 data HMDA 2024 disclosure official source

Wilcox County

238 mortgage applications, 37.4% denial rate. Verify FIPS 01131 with U.S. Census Bureau →

PlainLender home → About this data

Alabama · FIPS 01131

Local mortgage market. Wilcox County, Alabama saw 238 HMDA-reported mortgage applications in 2024. Lenders originated 64 of those loans and denied 89, producing a denial rate of 37.4% and an approval (origination) rate of 26.9%. The average loan amount was $112,689 at an average note rate of 7.94%, with applicants self-reporting average annual income of $35K. 31 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.2x, meaning typical borrowers took on mortgages of about 3.2 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 01131 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

238
Applications
64
Originated
37.4%
Denial Rate
26.9%
Approval Rate
$112,689
Avg Loan Amount
7.94%
Avg Interest Rate
$35K
Avg Applicant Income
3.2x
Loan-to-Income Ratio

Nearby Lenders in Wilcox 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 Trustmark National Bank 10 15.6%
2 21st Mortgage 8 12.5%
3 Mortgage Research Center 4 6.3%
4 Triad Financial Services, INC. 4 6.3%
5 Legends Bank 3 4.7%
Compare Trustmark National Bank vs 21st Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Wilcox County?
In the 2024 HMDA reporting year, 238 mortgage applications were filed in Wilcox County, Alabama. Of these, 64 were originated (approved and funded), while 89 were denied, resulting in a denial rate of 37.4%.
What is the mortgage denial rate in Wilcox County?
The mortgage denial rate in Wilcox County is 37.4%. The approval (origination) rate is 26.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Wilcox County?
The average mortgage loan amount in Wilcox County is $112,689. The average interest rate is 7.941%. The average applicant income is $35K.
What is the loan-to-income ratio in Wilcox County?
The average loan-to-income ratio in Wilcox County is 3.2x, meaning borrowers took on loans averaging 3.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Wilcox County?
The top mortgage lenders in Wilcox County by origination volume are Trustmark National Bank, 21st Mortgage, Mortgage Research Center. In total, 31 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.