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2024 data HMDA 2024 disclosure official source

Woodruff County

128 mortgage applications, 29.7% denial rate. Verify FIPS 05147 with U.S. Census Bureau →

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Arkansas · FIPS 05147

Local mortgage market. Woodruff County, Arkansas saw 128 HMDA-reported mortgage applications in 2024. Lenders originated 44 of those loans and denied 38, producing a denial rate of 29.7% and an approval (origination) rate of 34.4%. The average loan amount was $110,078 at an average note rate of 7.24%, with applicants self-reporting average annual income of $33K. 26 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 05147 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

128
Applications
44
Originated
29.7%
Denial Rate
34.4%
Approval Rate
$110,078
Avg Loan Amount
7.24%
Avg Interest Rate
$33K
Avg Applicant Income
3.3x
Loan-to-Income Ratio

Nearby Lenders in Woodruff 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 Bank of England 4 9.1%
2 Rocket Mortgage 3 6.8%
3 Simmons Bank 3 6.8%
4 Vanderbilt Mortgage and Finance, INC 3 6.8%
5 AgHeritage Farm Credit Services, FLCA 3 6.8%
Compare Bank of England vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Woodruff County?
In the 2024 HMDA reporting year, 128 mortgage applications were filed in Woodruff County, Arkansas. Of these, 44 were originated (approved and funded), while 38 were denied, resulting in a denial rate of 29.7%.
What is the mortgage denial rate in Woodruff County?
The mortgage denial rate in Woodruff County is 29.7%. The approval (origination) rate is 34.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Woodruff County?
The average mortgage loan amount in Woodruff County is $110,078. The average interest rate is 7.242%. The average applicant income is $33K.
What is the loan-to-income ratio in Woodruff County?
The average loan-to-income ratio in Woodruff 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 Woodruff County?
The top mortgage lenders in Woodruff County by origination volume are Bank of England, Rocket Mortgage, Simmons Bank. In total, 26 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.