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2024 data HMDA 2024 disclosure official source

Pitkin County

886 mortgage applications, 15.3% denial rate. Verify FIPS 08097 with U.S. Census Bureau →

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Colorado · FIPS 08097

Local mortgage market. Pitkin County, Colorado saw 886 HMDA-reported mortgage applications in 2024. Lenders originated 501 of those loans and denied 136, producing a denial rate of 15.3% and an approval (origination) rate of 56.5%. The average loan amount was $2,391,456 at an average note rate of 7.23%, with applicants self-reporting average annual income of $36K. 96 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 66.4x, meaning typical borrowers took on mortgages of about 66.4 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 08097 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

886
Applications
501
Originated
15.3%
Denial Rate
56.5%
Approval Rate
$2,391,456
Avg Loan Amount
7.23%
Avg Interest Rate
$36K
Avg Applicant Income
66.4x
Loan-to-Income Ratio

Nearby Lenders in Pitkin 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 Alpine Bank 131 26.1%
2 ANB Bank 51 10.2%
3 JPMorgan Chase Bank, NA 33 6.6%
4 FirstBank 32 6.4%
5 Bay Equity LLC 24 4.8%
Compare Alpine Bank vs ANB Bank →

Frequently Asked Questions

How many mortgage applications were filed in Pitkin County?
In the 2024 HMDA reporting year, 886 mortgage applications were filed in Pitkin County, Colorado. Of these, 501 were originated (approved and funded), while 136 were denied, resulting in a denial rate of 15.3%.
What is the mortgage denial rate in Pitkin County?
The mortgage denial rate in Pitkin County is 15.3%. The approval (origination) rate is 56.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Pitkin County?
The average mortgage loan amount in Pitkin County is $2,391,456. The average interest rate is 7.234%. The average applicant income is $36K.
What is the loan-to-income ratio in Pitkin County?
The average loan-to-income ratio in Pitkin County is 66.4x, meaning borrowers took on loans averaging 66.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Pitkin County?
The top mortgage lenders in Pitkin County by origination volume are Alpine Bank, ANB Bank, JPMorgan Chase Bank, NA. In total, 96 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.