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2024 data HMDA 2024 disclosure official source

Effingham County

3,986 mortgage applications, 16.1% denial rate. Verify FIPS 13103 with U.S. Census Bureau →

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Georgia · FIPS 13103

Local mortgage market. Effingham County, Georgia saw 3,986 HMDA-reported mortgage applications in 2024. Lenders originated 1,992 of those loans and denied 641, producing a denial rate of 16.1% and an approval (origination) rate of 50.0%. The average loan amount was $274,210 at an average note rate of 7.13%, with applicants self-reporting average annual income of $39K. 219 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.0x, meaning typical borrowers took on mortgages of about 7.0 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 13103 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

3,986
Applications
1,992
Originated
16.1%
Denial Rate
50.0%
Approval Rate
$274,210
Avg Loan Amount
7.13%
Avg Interest Rate
$39K
Avg Applicant Income
7.0x
Loan-to-Income Ratio

Nearby Lenders in Effingham 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 Rocket Mortgage 201 10.1%
2 New American Funding, LLC. 152 7.6%
3 United Wholesale Mortgage 126 6.3%
4 Mortgage Research Center 87 4.4%
5 Pennymac Loan Services LLC 76 3.8%
Compare Rocket Mortgage vs New American Funding, LLC. →

Frequently Asked Questions

How many mortgage applications were filed in Effingham County?
In the 2024 HMDA reporting year, 3,986 mortgage applications were filed in Effingham County, Georgia. Of these, 1,992 were originated (approved and funded), while 641 were denied, resulting in a denial rate of 16.1%.
What is the mortgage denial rate in Effingham County?
The mortgage denial rate in Effingham County is 16.1%. The approval (origination) rate is 50.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Effingham County?
The average mortgage loan amount in Effingham County is $274,210. The average interest rate is 7.128%. The average applicant income is $39K.
What is the loan-to-income ratio in Effingham County?
The average loan-to-income ratio in Effingham County is 7.0x, meaning borrowers took on loans averaging 7.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Effingham County?
The top mortgage lenders in Effingham County by origination volume are Rocket Mortgage, New American Funding, LLC., United Wholesale Mortgage. In total, 219 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.