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2024 data HMDA 2024 disclosure official source

Huerfano County

299 mortgage applications, 22.4% denial rate. Verify FIPS 08055 with U.S. Census Bureau →

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Colorado · FIPS 08055

Local mortgage market. Huerfano County, Colorado saw 299 HMDA-reported mortgage applications in 2024. Lenders originated 137 of those loans and denied 67, producing a denial rate of 22.4% and an approval (origination) rate of 45.8%. The average loan amount was $211,355 at an average note rate of 6.73%, with applicants self-reporting average annual income of $39K. 61 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.4x, meaning typical borrowers took on mortgages of about 5.4 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 08055 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

299
Applications
137
Originated
22.4%
Denial Rate
45.8%
Approval Rate
$211,355
Avg Loan Amount
6.73%
Avg Interest Rate
$39K
Avg Applicant Income
5.4x
Loan-to-Income Ratio

Nearby Lenders in Huerfano 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 Rocket Mortgage 14 10.2%
2 United Wholesale Mortgage 12 8.8%
3 Ent Credit Union (68671) 9 6.6%
4 NBH Bank 6 4.4%
5 New American Funding, LLC. 6 4.4%
Compare Rocket Mortgage vs United Wholesale Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Huerfano County?
In the 2024 HMDA reporting year, 299 mortgage applications were filed in Huerfano County, Colorado. Of these, 137 were originated (approved and funded), while 67 were denied, resulting in a denial rate of 22.4%.
What is the mortgage denial rate in Huerfano County?
The mortgage denial rate in Huerfano County is 22.4%. The approval (origination) rate is 45.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Huerfano County?
The average mortgage loan amount in Huerfano County is $211,355. The average interest rate is 6.729%. The average applicant income is $39K.
What is the loan-to-income ratio in Huerfano County?
The average loan-to-income ratio in Huerfano County is 5.4x, meaning borrowers took on loans averaging 5.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Huerfano County?
The top mortgage lenders in Huerfano County by origination volume are Rocket Mortgage, United Wholesale Mortgage, Ent Credit Union (68671). In total, 61 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.