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2024 data HMDA 2024 disclosure official source

Hempstead County

503 mortgage applications, 29.0% denial rate. Verify FIPS 05057 with U.S. Census Bureau →

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Arkansas · FIPS 05057

Local mortgage market. Hempstead County, Arkansas saw 503 HMDA-reported mortgage applications in 2024. Lenders originated 204 of those loans and denied 146, producing a denial rate of 29.0% and an approval (origination) rate of 40.6%. The average loan amount was $117,187 at an average note rate of 7.60%, with applicants self-reporting average annual income of $36K. 50 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.3x, meaning typical borrowers took on mortgages of about 3.3 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 05057 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

503
Applications
204
Originated
29.0%
Denial Rate
40.6%
Approval Rate
$117,187
Avg Loan Amount
7.60%
Avg Interest Rate
$36K
Avg Applicant Income
3.3x
Loan-to-Income Ratio

Nearby Lenders in Hempstead 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 Cadence Bank 30 14.7%
2 Farmers Bank & Trust 24 11.8%
3 Diamond Bank 20 9.8%
4 SWBC Mortgage Corporation 19 9.3%
5 Rocket Mortgage 10 4.9%
Compare Cadence Bank vs Farmers Bank & Trust →

Frequently Asked Questions

How many mortgage applications were filed in Hempstead County?
In the 2024 HMDA reporting year, 503 mortgage applications were filed in Hempstead County, Arkansas. Of these, 204 were originated (approved and funded), while 146 were denied, resulting in a denial rate of 29.0%.
What is the mortgage denial rate in Hempstead County?
The mortgage denial rate in Hempstead County is 29.0%. The approval (origination) rate is 40.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Hempstead County?
The average mortgage loan amount in Hempstead County is $117,187. The average interest rate is 7.597%. The average applicant income is $36K.
What is the loan-to-income ratio in Hempstead County?
The average loan-to-income ratio in Hempstead County is 3.3x, meaning borrowers took on loans averaging 3.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Hempstead County?
The top mortgage lenders in Hempstead County by origination volume are Cadence Bank, Farmers Bank & Trust, Diamond Bank. In total, 50 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.