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2024 data HMDA 2024 disclosure official source

Prairie County

254 mortgage applications, 29.9% denial rate. Verify FIPS 05117 with U.S. Census Bureau →

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Arkansas · FIPS 05117

Local mortgage market. Prairie County, Arkansas saw 254 HMDA-reported mortgage applications in 2024. Lenders originated 104 of those loans and denied 76, producing a denial rate of 29.9% and an approval (origination) rate of 40.9%. The average loan amount was $117,638 at an average note rate of 8.25%, with applicants self-reporting average annual income of $35K. 31 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.4x, meaning typical borrowers took on mortgages of about 3.4 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 05117 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

254
Applications
104
Originated
29.9%
Denial Rate
40.9%
Approval Rate
$117,638
Avg Loan Amount
8.25%
Avg Interest Rate
$35K
Avg Applicant Income
3.4x
Loan-to-Income Ratio

Nearby Lenders in Prairie 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 The Farmers & Merchants Bank 33 31.7%
2 Cadence Bank 14 13.5%
3 Southern Bancorp Bank 5 4.8%
4 21st Mortgage 5 4.8%
5 AgHeritage Farm Credit Services, FLCA 5 4.8%
Compare The Farmers & Merchants Bank vs Cadence Bank →

Frequently Asked Questions

How many mortgage applications were filed in Prairie County?
In the 2024 HMDA reporting year, 254 mortgage applications were filed in Prairie County, Arkansas. Of these, 104 were originated (approved and funded), while 76 were denied, resulting in a denial rate of 29.9%.
What is the mortgage denial rate in Prairie County?
The mortgage denial rate in Prairie County is 29.9%. The approval (origination) rate is 40.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Prairie County?
The average mortgage loan amount in Prairie County is $117,638. The average interest rate is 8.253%. The average applicant income is $35K.
What is the loan-to-income ratio in Prairie County?
The average loan-to-income ratio in Prairie County is 3.4x, meaning borrowers took on loans averaging 3.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Prairie County?
The top mortgage lenders in Prairie County by origination volume are The Farmers & Merchants Bank, Cadence Bank, Southern Bancorp Bank. In total, 31 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.