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2024 data HMDA 2024 disclosure official source

La Plata County

2,196 mortgage applications, 14.9% denial rate. Verify FIPS 08067 with U.S. Census Bureau →

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Colorado · FIPS 08067

Local mortgage market. La Plata County, Colorado saw 2,196 HMDA-reported mortgage applications in 2024. Lenders originated 1,211 of those loans and denied 328, producing a denial rate of 14.9% and an approval (origination) rate of 55.1%. The average loan amount was $794,321 at an average note rate of 7.31%, with applicants self-reporting average annual income of $37K. 181 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 21.5x, meaning typical borrowers took on mortgages of about 21.5 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 08067 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,196
Applications
1,211
Originated
14.9%
Denial Rate
55.1%
Approval Rate
$794,321
Avg Loan Amount
7.31%
Avg Interest Rate
$37K
Avg Applicant Income
21.5x
Loan-to-Income Ratio

Nearby Lenders in La Plata 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 United Wholesale Mortgage 251 20.7%
2 The Central Trust Bank 84 6.9%
3 Bank of Colorado 78 6.4%
4 Alpine Bank 77 6.4%
5 Rocket Mortgage 68 5.6%
Compare United Wholesale Mortgage vs The Central Trust Bank →

Frequently Asked Questions

How many mortgage applications were filed in La Plata County?
In the 2024 HMDA reporting year, 2,196 mortgage applications were filed in La Plata County, Colorado. Of these, 1,211 were originated (approved and funded), while 328 were denied, resulting in a denial rate of 14.9%.
What is the mortgage denial rate in La Plata County?
The mortgage denial rate in La Plata County is 14.9%. The approval (origination) rate is 55.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in La Plata County?
The average mortgage loan amount in La Plata County is $794,321. The average interest rate is 7.308%. The average applicant income is $37K.
What is the loan-to-income ratio in La Plata County?
The average loan-to-income ratio in La Plata County is 21.5x, meaning borrowers took on loans averaging 21.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in La Plata County?
The top mortgage lenders in La Plata County by origination volume are United Wholesale Mortgage, The Central Trust Bank, Bank of Colorado. In total, 181 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.