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2024 data HMDA 2024 disclosure official source

Scott County

294 mortgage applications, 22.1% denial rate. Verify FIPS 05127 with U.S. Census Bureau →

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Arkansas · FIPS 05127

Local mortgage market. Scott County, Arkansas saw 294 HMDA-reported mortgage applications in 2024. Lenders originated 138 of those loans and denied 65, producing a denial rate of 22.1% and an approval (origination) rate of 46.9%. The average loan amount was $124,388 at an average note rate of 7.33%, with applicants self-reporting average annual income of $35K. 47 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 05127 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

294
Applications
138
Originated
22.1%
Denial Rate
46.9%
Approval Rate
$124,388
Avg Loan Amount
7.33%
Avg Interest Rate
$35K
Avg Applicant Income
3.6x
Loan-to-Income Ratio

Nearby Lenders in Scott 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 Union Bank 21 15.2%
2 Chambers Bank 15 10.9%
3 Arvest Bank 14 10.1%
4 Rocket Mortgage 11 8.0%
5 Firstar Bank 8 5.8%
Compare Union Bank vs Chambers Bank →

Frequently Asked Questions

How many mortgage applications were filed in Scott County?
In the 2024 HMDA reporting year, 294 mortgage applications were filed in Scott County, Arkansas. Of these, 138 were originated (approved and funded), while 65 were denied, resulting in a denial rate of 22.1%.
What is the mortgage denial rate in Scott County?
The mortgage denial rate in Scott County is 22.1%. The approval (origination) rate is 46.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Scott County?
The average mortgage loan amount in Scott County is $124,388. The average interest rate is 7.335%. The average applicant income is $35K.
What is the loan-to-income ratio in Scott County?
The average loan-to-income ratio in Scott 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 Scott County?
The top mortgage lenders in Scott County by origination volume are Union Bank, Chambers Bank, Arvest Bank. In total, 47 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.