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2024 data HMDA 2024 disclosure official source

Cleveland County

277 mortgage applications, 24.2% denial rate. Verify FIPS 05025 with U.S. Census Bureau →

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Arkansas · FIPS 05025

Local mortgage market. Cleveland County, Arkansas saw 277 HMDA-reported mortgage applications in 2024. Lenders originated 101 of those loans and denied 67, producing a denial rate of 24.2% and an approval (origination) rate of 36.5%. The average loan amount was $132,004 at an average note rate of 7.54%, with applicants self-reporting average annual income of $37K. 42 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.6x, meaning typical borrowers took on mortgages of about 3.6 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 05025 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

277
Applications
101
Originated
24.2%
Denial Rate
36.5%
Approval Rate
$132,004
Avg Loan Amount
7.54%
Avg Interest Rate
$37K
Avg Applicant Income
3.6x
Loan-to-Income Ratio

Nearby Lenders in Cleveland 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 FBT Bank & Mortgage 11 10.9%
2 Mortgage Financial Services 10 9.9%
3 Fairway Independent Mort CORP 9 8.9%
4 21st Mortgage 8 7.9%
5 Rocket Mortgage 8 7.9%
Compare FBT Bank & Mortgage vs Mortgage Financial Services →

Frequently Asked Questions

How many mortgage applications were filed in Cleveland County?
In the 2024 HMDA reporting year, 277 mortgage applications were filed in Cleveland County, Arkansas. Of these, 101 were originated (approved and funded), while 67 were denied, resulting in a denial rate of 24.2%.
What is the mortgage denial rate in Cleveland County?
The mortgage denial rate in Cleveland County is 24.2%. The approval (origination) rate is 36.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Cleveland County?
The average mortgage loan amount in Cleveland County is $132,004. The average interest rate is 7.538%. The average applicant income is $37K.
What is the loan-to-income ratio in Cleveland County?
The average loan-to-income ratio in Cleveland County is 3.6x, meaning borrowers took on loans averaging 3.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Cleveland County?
The top mortgage lenders in Cleveland County by origination volume are FBT Bank & Mortgage, Mortgage Financial Services, Fairway Independent Mort CORP. In total, 42 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.