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2024 data HMDA 2024 disclosure official source

Broward County

76,983 mortgage applications, 24.8% denial rate. Verify FIPS 12011 with U.S. Census Bureau →

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Florida · FIPS 12011

Local mortgage market. Broward County, Florida saw 76,983 HMDA-reported mortgage applications in 2024. Lenders originated 31,647 of those loans and denied 19,050, producing a denial rate of 24.8% and an approval (origination) rate of 41.1%. The average loan amount was $382,699 at an average note rate of 7.27%, with applicants self-reporting average annual income of $41K. 665 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 9.3x, meaning typical borrowers took on mortgages of about 9.3 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 12011 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

76,983
Applications
31,647
Originated
24.8%
Denial Rate
41.1%
Approval Rate
$382,699
Avg Loan Amount
7.27%
Avg Interest Rate
$41K
Avg Applicant Income
9.3x
Loan-to-Income Ratio

Nearby Lenders in Broward 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 4,825 15.2%
2 Rocket Mortgage 2,239 7.1%
3 Space Coast Credit Union 953 3.0%
4 A&D Mortgage LLC 837 2.6%
5 Bank of America NA 802 2.5%
Compare United Wholesale Mortgage vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Broward County?
In the 2024 HMDA reporting year, 76,983 mortgage applications were filed in Broward County, Florida. Of these, 31,647 were originated (approved and funded), while 19,050 were denied, resulting in a denial rate of 24.8%.
What is the mortgage denial rate in Broward County?
The mortgage denial rate in Broward County is 24.8%. The approval (origination) rate is 41.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Broward County?
The average mortgage loan amount in Broward County is $382,699. The average interest rate is 7.273%. The average applicant income is $41K.
What is the loan-to-income ratio in Broward County?
The average loan-to-income ratio in Broward County is 9.3x, meaning borrowers took on loans averaging 9.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Broward County?
The top mortgage lenders in Broward County by origination volume are United Wholesale Mortgage, Rocket Mortgage, Space Coast Credit Union. In total, 665 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.