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2024 data HMDA 2024 disclosure official source

Nome Census Area

56 mortgage applications, 12.5% denial rate. Verify FIPS 02180 with U.S. Census Bureau →

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Alaska · FIPS 02180

Local mortgage market. Nome Census Area, Alaska saw 56 HMDA-reported mortgage applications in 2024. Lenders originated 32 of those loans and denied 7, producing a denial rate of 12.5% and an approval (origination) rate of 57.1%. The average loan amount was $255,357 at an average note rate of 6.64%, with applicants self-reporting average annual income of $34K. 9 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.5x, meaning typical borrowers took on mortgages of about 7.5 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 02180 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

56
Applications
32
Originated
12.5%
Denial Rate
57.1%
Approval Rate
$255,357
Avg Loan Amount
6.64%
Avg Interest Rate
$34K
Avg Applicant Income
7.5x
Loan-to-Income Ratio

Nearby Lenders in Nome 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 13 40.6%
2 Credit Union 1 7 21.9%
3 Global Federal Credit Union 5 15.6%
4 Mortgage Research Center 2 6.3%
5 Usaa Bank 1 3.1%
Compare Residential Mortgage, LLC vs Credit Union 1 →

Frequently Asked Questions

How many mortgage applications were filed in Nome Census Area?
In the 2024 HMDA reporting year, 56 mortgage applications were filed in Nome Census Area, Alaska. Of these, 32 were originated (approved and funded), while 7 were denied, resulting in a denial rate of 12.5%.
What is the mortgage denial rate in Nome Census Area?
The mortgage denial rate in Nome Census Area is 12.5%. The approval (origination) rate is 57.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Nome Census Area?
The average mortgage loan amount in Nome Census Area is $255,357. The average interest rate is 6.640%. The average applicant income is $34K.
What is the loan-to-income ratio in Nome Census Area?
The average loan-to-income ratio in Nome Census Area is 7.5x, meaning borrowers took on loans averaging 7.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Nome Census Area?
The top mortgage lenders in Nome Census Area by origination volume are Residential Mortgage, LLC, Credit Union 1, Global Federal Credit Union. In total, 9 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.