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2024 data HMDA 2024 disclosure official source

Chaffee County

970 mortgage applications, 14.6% denial rate. Verify FIPS 08015 with U.S. Census Bureau →

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Colorado · FIPS 08015

Local mortgage market. Chaffee County, Colorado saw 970 HMDA-reported mortgage applications in 2024. Lenders originated 562 of those loans and denied 142, producing a denial rate of 14.6% and an approval (origination) rate of 57.9%. The average loan amount was $405,515 at an average note rate of 6.96%, with applicants self-reporting average annual income of $37K. 143 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 11.0x, meaning typical borrowers took on mortgages of about 11.0 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 08015 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

970
Applications
562
Originated
14.6%
Denial Rate
57.9%
Approval Rate
$405,515
Avg Loan Amount
6.96%
Avg Interest Rate
$37K
Avg Applicant Income
11.0x
Loan-to-Income Ratio

Nearby Lenders in Chaffee 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 High Country Bank 105 18.7%
2 Rocket Mortgage 49 8.7%
3 United Wholesale Mortgage 39 6.9%
4 Glacier Bank 33 5.9%
5 Union Home Mortgage Corp. 27 4.8%
Compare High Country Bank vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Chaffee County?
In the 2024 HMDA reporting year, 970 mortgage applications were filed in Chaffee County, Colorado. Of these, 562 were originated (approved and funded), while 142 were denied, resulting in a denial rate of 14.6%.
What is the mortgage denial rate in Chaffee County?
The mortgage denial rate in Chaffee County is 14.6%. The approval (origination) rate is 57.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Chaffee County?
The average mortgage loan amount in Chaffee County is $405,515. The average interest rate is 6.965%. The average applicant income is $37K.
What is the loan-to-income ratio in Chaffee County?
The average loan-to-income ratio in Chaffee County is 11.0x, meaning borrowers took on loans averaging 11.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Chaffee County?
The top mortgage lenders in Chaffee County by origination volume are High Country Bank, Rocket Mortgage, United Wholesale Mortgage. In total, 143 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.