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2024 data HMDA 2024 disclosure official source

Clay County

12,485 mortgage applications, 16.9% denial rate. Verify FIPS 12019 with U.S. Census Bureau →

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Florida · FIPS 12019

Local mortgage market. Clay County, Florida saw 12,485 HMDA-reported mortgage applications in 2024. Lenders originated 5,886 of those loans and denied 2,109, producing a denial rate of 16.9% and an approval (origination) rate of 47.1%. The average loan amount was $255,488 at an average note rate of 6.75%, with applicants self-reporting average annual income of $40K. 348 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.4x, meaning typical borrowers took on mortgages of about 6.4 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 12019 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

12,485
Applications
5,886
Originated
16.9%
Denial Rate
47.1%
Approval Rate
$255,488
Avg Loan Amount
6.75%
Avg Interest Rate
$40K
Avg Applicant Income
6.4x
Loan-to-Income Ratio

Nearby Lenders in Clay 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 613 10.4%
2 VyStar Credit Union 395 6.7%
3 Rocket Mortgage 391 6.6%
4 Navy Federal Credit Union 342 5.8%
5 DHI Mortgage Company, LTD. 319 5.4%
Compare United Wholesale Mortgage vs VyStar Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Clay County?
In the 2024 HMDA reporting year, 12,485 mortgage applications were filed in Clay County, Florida. Of these, 5,886 were originated (approved and funded), while 2,109 were denied, resulting in a denial rate of 16.9%.
What is the mortgage denial rate in Clay County?
The mortgage denial rate in Clay County is 16.9%. The approval (origination) rate is 47.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Clay County?
The average mortgage loan amount in Clay County is $255,488. The average interest rate is 6.753%. The average applicant income is $40K.
What is the loan-to-income ratio in Clay County?
The average loan-to-income ratio in Clay County is 6.4x, meaning borrowers took on loans averaging 6.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Clay County?
The top mortgage lenders in Clay County by origination volume are United Wholesale Mortgage, VyStar Credit Union, Rocket Mortgage. In total, 348 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.