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2024 data HMDA 2024 disclosure official source

Seminole County

19,322 mortgage applications, 19.0% denial rate. Verify FIPS 12117 with U.S. Census Bureau →

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Florida · FIPS 12117

Local mortgage market. Seminole County, Florida saw 19,322 HMDA-reported mortgage applications in 2024. Lenders originated 9,102 of those loans and denied 3,677, producing a denial rate of 19.0% and an approval (origination) rate of 47.1%. The average loan amount was $296,112 at an average note rate of 7.23%, with applicants self-reporting average annual income of $39K. 462 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.6x, meaning typical borrowers took on mortgages of about 7.6 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 12117 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

19,322
Applications
9,102
Originated
19.0%
Denial Rate
47.1%
Approval Rate
$296,112
Avg Loan Amount
7.23%
Avg Interest Rate
$39K
Avg Applicant Income
7.6x
Loan-to-Income Ratio

Nearby Lenders in Seminole 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 1,001 11.0%
2 Rocket Mortgage 667 7.3%
3 Fairwinds Credit Union 439 4.8%
4 DHI Mortgage Company, LTD. 214 2.4%
5 Bank of America NA 204 2.2%
Compare United Wholesale Mortgage vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Seminole County?
In the 2024 HMDA reporting year, 19,322 mortgage applications were filed in Seminole County, Florida. Of these, 9,102 were originated (approved and funded), while 3,677 were denied, resulting in a denial rate of 19.0%.
What is the mortgage denial rate in Seminole County?
The mortgage denial rate in Seminole County is 19.0%. The approval (origination) rate is 47.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Seminole County?
The average mortgage loan amount in Seminole County is $296,112. The average interest rate is 7.227%. The average applicant income is $39K.
What is the loan-to-income ratio in Seminole County?
The average loan-to-income ratio in Seminole County is 7.6x, meaning borrowers took on loans averaging 7.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Seminole County?
The top mortgage lenders in Seminole County by origination volume are United Wholesale Mortgage, Rocket Mortgage, Fairwinds Credit Union. In total, 462 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.