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2024 data HMDA 2024 disclosure official source

Copper River Census Area

39 mortgage applications, 20.5% denial rate. Verify FIPS 02066 with U.S. Census Bureau →

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Alaska · FIPS 02066

Local mortgage market. Copper River Census Area, Alaska saw 39 HMDA-reported mortgage applications in 2024. Lenders originated 17 of those loans and denied 8, producing a denial rate of 20.5% and an approval (origination) rate of 43.6%. The average loan amount was $240,385 at an average note rate of 6.91%, with applicants self-reporting average annual income of $38K. 14 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.3x, meaning typical borrowers took on mortgages of about 6.3 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 02066 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

39
Applications
17
Originated
20.5%
Denial Rate
43.6%
Approval Rate
$240,385
Avg Loan Amount
6.91%
Avg Interest Rate
$38K
Avg Applicant Income
6.3x
Loan-to-Income Ratio

Nearby Lenders in Copper River Census Area

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 Residential Mortgage, LLC 3 17.6%
2 Global Federal Credit Union 2 11.8%
3 Geneva Financial LLC 1 5.9%
4 Guaranteed Rate, INC. 1 5.9%
5 First National Bank Alaska 1 5.9%
Compare Residential Mortgage, LLC vs Global Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Copper River Census Area?
In the 2024 HMDA reporting year, 39 mortgage applications were filed in Copper River Census Area, Alaska. Of these, 17 were originated (approved and funded), while 8 were denied, resulting in a denial rate of 20.5%.
What is the mortgage denial rate in Copper River Census Area?
The mortgage denial rate in Copper River Census Area is 20.5%. The approval (origination) rate is 43.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Copper River Census Area?
The average mortgage loan amount in Copper River Census Area is $240,385. The average interest rate is 6.913%. The average applicant income is $38K.
What is the loan-to-income ratio in Copper River Census Area?
The average loan-to-income ratio in Copper River Census Area is 6.3x, meaning borrowers took on loans averaging 6.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Copper River Census Area?
The top mortgage lenders in Copper River Census Area by origination volume are Residential Mortgage, LLC, Global Federal Credit Union, Geneva Financial LLC. In total, 14 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.