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2024 data HMDA 2024 disclosure official source

Sonoma County

12,518 mortgage applications, 14.8% denial rate. Verify FIPS 06097 with U.S. Census Bureau →

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California · FIPS 06097

Local mortgage market. Sonoma County, California saw 12,518 HMDA-reported mortgage applications in 2024. Lenders originated 6,716 of those loans and denied 1,848, producing a denial rate of 14.8% and an approval (origination) rate of 53.7%. The average loan amount was $508,879 at an average note rate of 7.43%, with applicants self-reporting average annual income of $39K. 331 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 13.0x, meaning typical borrowers took on mortgages of about 13.0 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 06097 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

12,518
Applications
6,716
Originated
14.8%
Denial Rate
53.7%
Approval Rate
$508,879
Avg Loan Amount
7.43%
Avg Interest Rate
$39K
Avg Applicant Income
13.0x
Loan-to-Income Ratio

Nearby Lenders in Sonoma 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 Redwood Credit Union 1,072 16.0%
2 United Wholesale Mortgage 580 8.6%
3 Rocket Mortgage 446 6.6%
4 Crosscountry Mortgage, LLC 243 3.6%
5 Newrez LLC 165 2.5%
Compare Redwood Credit Union vs United Wholesale Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Sonoma County?
In the 2024 HMDA reporting year, 12,518 mortgage applications were filed in Sonoma County, California. Of these, 6,716 were originated (approved and funded), while 1,848 were denied, resulting in a denial rate of 14.8%.
What is the mortgage denial rate in Sonoma County?
The mortgage denial rate in Sonoma County is 14.8%. The approval (origination) rate is 53.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Sonoma County?
The average mortgage loan amount in Sonoma County is $508,879. The average interest rate is 7.433%. The average applicant income is $39K.
What is the loan-to-income ratio in Sonoma County?
The average loan-to-income ratio in Sonoma County is 13.0x, meaning borrowers took on loans averaging 13.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Sonoma County?
The top mortgage lenders in Sonoma County by origination volume are Redwood Credit Union, United Wholesale Mortgage, Rocket Mortgage. In total, 331 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.