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2024 data HMDA 2024 disclosure official source

Benton County

17,506 mortgage applications, 10.7% denial rate. Verify FIPS 05007 with U.S. Census Bureau →

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Arkansas · FIPS 05007

Local mortgage market. Benton County, Arkansas saw 17,506 HMDA-reported mortgage applications in 2024. Lenders originated 9,449 of those loans and denied 1,865, producing a denial rate of 10.7% and an approval (origination) rate of 54.0%. The average loan amount was $294,901 at an average note rate of 7.12%, with applicants self-reporting average annual income of $36K. 360 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 8.2x, meaning typical borrowers took on mortgages of about 8.2 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 05007 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

17,506
Applications
9,449
Originated
10.7%
Denial Rate
54.0%
Approval Rate
$294,901
Avg Loan Amount
7.12%
Avg Interest Rate
$36K
Avg Applicant Income
8.2x
Loan-to-Income Ratio

Nearby Lenders in Benton 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 Arvest Bank 1,790 18.9%
2 Rocket Mortgage 604 6.4%
3 Flat Branch Mortgage, INC. 367 3.9%
4 Centennial Bank 314 3.3%
5 Lendlo Mortgage, LLC 276 2.9%
Compare Arvest Bank vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Benton County?
In the 2024 HMDA reporting year, 17,506 mortgage applications were filed in Benton County, Arkansas. Of these, 9,449 were originated (approved and funded), while 1,865 were denied, resulting in a denial rate of 10.7%.
What is the mortgage denial rate in Benton County?
The mortgage denial rate in Benton County is 10.7%. The approval (origination) rate is 54.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Benton County?
The average mortgage loan amount in Benton County is $294,901. The average interest rate is 7.120%. The average applicant income is $36K.
What is the loan-to-income ratio in Benton County?
The average loan-to-income ratio in Benton County is 8.2x, meaning borrowers took on loans averaging 8.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Benton County?
The top mortgage lenders in Benton County by origination volume are Arvest Bank, Rocket Mortgage, Flat Branch Mortgage, INC.. In total, 360 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.