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2024 data HMDA 2024 disclosure official source

Union County

1,250 mortgage applications, 31.5% denial rate. Verify FIPS 05139 with U.S. Census Bureau →

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Arkansas · FIPS 05139

Local mortgage market. Union County, Arkansas saw 1,250 HMDA-reported mortgage applications in 2024. Lenders originated 412 of those loans and denied 394, producing a denial rate of 31.5% and an approval (origination) rate of 33.0%. The average loan amount was $133,880 at an average note rate of 7.67%, with applicants self-reporting average annual income of $35K. 74 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.8x, meaning typical borrowers took on mortgages of about 3.8 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 05139 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,250
Applications
412
Originated
31.5%
Denial Rate
33.0%
Approval Rate
$133,880
Avg Loan Amount
7.67%
Avg Interest Rate
$35K
Avg Applicant Income
3.8x
Loan-to-Income Ratio

Nearby Lenders in Union 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 Highlands Residential Mortgage, Ltd. 53 12.9%
2 First Financial Bank 45 10.9%
3 Simmons Bank 35 8.5%
4 Southern Bancorp Bank 32 7.8%
5 Rocket Mortgage 31 7.5%
Compare Highlands Residential Mortgage, Ltd. vs First Financial Bank →

Frequently Asked Questions

How many mortgage applications were filed in Union County?
In the 2024 HMDA reporting year, 1,250 mortgage applications were filed in Union County, Arkansas. Of these, 412 were originated (approved and funded), while 394 were denied, resulting in a denial rate of 31.5%.
What is the mortgage denial rate in Union County?
The mortgage denial rate in Union County is 31.5%. The approval (origination) rate is 33.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Union County?
The average mortgage loan amount in Union County is $133,880. The average interest rate is 7.673%. The average applicant income is $35K.
What is the loan-to-income ratio in Union County?
The average loan-to-income ratio in Union County is 3.8x, meaning borrowers took on loans averaging 3.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Union County?
The top mortgage lenders in Union County by origination volume are Highlands Residential Mortgage, Ltd., First Financial Bank, Simmons Bank. In total, 74 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.