PlainLender
2024 data HMDA 2024 disclosure official source

Okaloosa County

11,146 mortgage applications, 14.8% denial rate. Verify FIPS 12091 with U.S. Census Bureau →

PlainLender home → About this data

Florida · FIPS 12091

Local mortgage market. Okaloosa County, Florida saw 11,146 HMDA-reported mortgage applications in 2024. Lenders originated 5,607 of those loans and denied 1,645, producing a denial rate of 14.8% and an approval (origination) rate of 50.3%. The average loan amount was $322,747 at an average note rate of 6.70%, with applicants self-reporting average annual income of $40K. 372 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 8.1x, meaning typical borrowers took on mortgages of about 8.1 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 12091 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

11,146
Applications
5,607
Originated
14.8%
Denial Rate
50.3%
Approval Rate
$322,747
Avg Loan Amount
6.70%
Avg Interest Rate
$40K
Avg Applicant Income
8.1x
Loan-to-Income Ratio

Nearby Lenders in Okaloosa 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 423 7.5%
2 New American Funding, LLC. 392 7.0%
3 Rocket Mortgage 344 6.1%
4 DHI Mortgage Company, LTD. 333 5.9%
5 Movement Mortgage, LLC 275 4.9%
Compare United Wholesale Mortgage vs New American Funding, LLC. →

Frequently Asked Questions

How many mortgage applications were filed in Okaloosa County?
In the 2024 HMDA reporting year, 11,146 mortgage applications were filed in Okaloosa County, Florida. Of these, 5,607 were originated (approved and funded), while 1,645 were denied, resulting in a denial rate of 14.8%.
What is the mortgage denial rate in Okaloosa County?
The mortgage denial rate in Okaloosa County is 14.8%. The approval (origination) rate is 50.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Okaloosa County?
The average mortgage loan amount in Okaloosa County is $322,747. The average interest rate is 6.700%. The average applicant income is $40K.
What is the loan-to-income ratio in Okaloosa County?
The average loan-to-income ratio in Okaloosa County is 8.1x, meaning borrowers took on loans averaging 8.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Okaloosa County?
The top mortgage lenders in Okaloosa County by origination volume are United Wholesale Mortgage, New American Funding, LLC., Rocket Mortgage. In total, 372 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.