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2024 data HMDA 2024 disclosure official source

Kit Carson County

187 mortgage applications, 19.3% denial rate. Verify FIPS 08063 with U.S. Census Bureau →

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Colorado · FIPS 08063

Local mortgage market. Kit Carson County, Colorado saw 187 HMDA-reported mortgage applications in 2024. Lenders originated 94 of those loans and denied 36, producing a denial rate of 19.3% and an approval (origination) rate of 50.3%. The average loan amount was $209,385 at an average note rate of 7.01%, with applicants self-reporting average annual income of $38K. 38 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.5x, meaning typical borrowers took on mortgages of about 5.5 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 08063 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

187
Applications
94
Originated
19.3%
Denial Rate
50.3%
Approval Rate
$209,385
Avg Loan Amount
7.01%
Avg Interest Rate
$38K
Avg Applicant Income
5.5x
Loan-to-Income Ratio

Nearby Lenders in Kit Carson 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 15 16.0%
2 The Eastern Colorado Bank 11 11.7%
3 Equitable Savings & Loan Assoc 7 7.4%
4 BMO Harris Bank NA 5 5.3%
5 Frontier Bank 5 5.3%
Compare Rocket Mortgage vs The Eastern Colorado Bank →

Frequently Asked Questions

How many mortgage applications were filed in Kit Carson County?
In the 2024 HMDA reporting year, 187 mortgage applications were filed in Kit Carson County, Colorado. Of these, 94 were originated (approved and funded), while 36 were denied, resulting in a denial rate of 19.3%.
What is the mortgage denial rate in Kit Carson County?
The mortgage denial rate in Kit Carson County is 19.3%. The approval (origination) rate is 50.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Kit Carson County?
The average mortgage loan amount in Kit Carson County is $209,385. The average interest rate is 7.010%. The average applicant income is $38K.
What is the loan-to-income ratio in Kit Carson County?
The average loan-to-income ratio in Kit Carson County is 5.5x, meaning borrowers took on loans averaging 5.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Kit Carson County?
The top mortgage lenders in Kit Carson County by origination volume are Rocket Mortgage, The Eastern Colorado Bank, Equitable Savings & Loan Assoc. In total, 38 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.