Cherokee County
Georgia · FIPS 13057
According to CFPB HMDA 2024 application volume among U.S. counties, Cherokee County ranks #176 of 3,223, and #5 of 159 in Georgia.
Mortgage lending activity in Cherokee County, Georgia based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Cherokee County, Georgia lenders denied 2,246 of the applications reported here, financing the rest at an average note rate of 7.24%, with applicants self-reporting average annual income of $38K. 407 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 14.5x, meaning typical borrowers took on mortgages of about 14.5 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Cherokee County
In Cherokee County, lead originator Rocket Mortgage funded only 7.6% of 8,342 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 19.2% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Cherokee County's 16,021 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Cherokee County's $550,804 average loan (deduped against volume peers).
Lenders active in Cherokee County
Rocket Mortgage funded 635 of the 8,342 loans originated in Cherokee County, 7.6% of the county. 407 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Rocket Mortgage | 635 | 7.6% |
| 2 | United Wholesale Mortgage | 546 | 6.5% |
| 3 | Credit Union of Georgia | 417 | 5.0% |
| 4 | Ameris Bank | 283 | 3.4% |
| 5 | Truist Bank | 202 | 2.4% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Cherokee County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Cherokee County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.