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2024 data HMDA 2024 disclosure official source

Arkansas County

564 mortgage applications, 19.7% denial rate. Verify FIPS 05001 with U.S. Census Bureau →

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Arkansas · FIPS 05001

Local mortgage market. Arkansas County, Arkansas saw 564 HMDA-reported mortgage applications in 2024. Lenders originated 201 of those loans and denied 111, producing a denial rate of 19.7% and an approval (origination) rate of 35.6%. The average loan amount was $117,465 at an average note rate of 8.19%, with applicants self-reporting average annual income of $34K. 53 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.5x, meaning typical borrowers took on mortgages of about 3.5 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 05001 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

564
Applications
201
Originated
19.7%
Denial Rate
35.6%
Approval Rate
$117,465
Avg Loan Amount
8.19%
Avg Interest Rate
$34K
Avg Applicant Income
3.5x
Loan-to-Income Ratio

Nearby Lenders in Arkansas 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 Southern Bancorp Bank 57 28.4%
2 The Farmers & Merchants Bank 42 20.9%
3 Cadence Bank 15 7.5%
4 21st Mortgage 5 2.5%
5 Rocket Mortgage 5 2.5%
Compare Southern Bancorp Bank vs The Farmers & Merchants Bank →

Frequently Asked Questions

How many mortgage applications were filed in Arkansas County?
In the 2024 HMDA reporting year, 564 mortgage applications were filed in Arkansas County, Arkansas. Of these, 201 were originated (approved and funded), while 111 were denied, resulting in a denial rate of 19.7%.
What is the mortgage denial rate in Arkansas County?
The mortgage denial rate in Arkansas County is 19.7%. The approval (origination) rate is 35.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Arkansas County?
The average mortgage loan amount in Arkansas County is $117,465. The average interest rate is 8.187%. The average applicant income is $34K.
What is the loan-to-income ratio in Arkansas County?
The average loan-to-income ratio in Arkansas County is 3.5x, meaning borrowers took on loans averaging 3.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Arkansas County?
The top mortgage lenders in Arkansas County by origination volume are Southern Bancorp Bank, The Farmers & Merchants Bank, Cadence Bank. In total, 53 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.