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2024 data HMDA 2024 disclosure official source

Pickens County

2,122 mortgage applications, 16.3% denial rate. Verify FIPS 13227 with U.S. Census Bureau →

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Georgia · FIPS 13227

Local mortgage market. Pickens County, Georgia saw 2,122 HMDA-reported mortgage applications in 2024. Lenders originated 1,043 of those loans and denied 345, producing a denial rate of 16.3% and an approval (origination) rate of 49.2%. The average loan amount was $576,489 at an average note rate of 7.16%, with applicants self-reporting average annual income of $38K. 182 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 15.2x, meaning typical borrowers took on mortgages of about 15.2 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 13227 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,122
Applications
1,043
Originated
16.3%
Denial Rate
49.2%
Approval Rate
$576,489
Avg Loan Amount
7.16%
Avg Interest Rate
$38K
Avg Applicant Income
15.2x
Loan-to-Income Ratio

Nearby Lenders in Pickens 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 Community Bank 73 7.0%
2 United Wholesale Mortgage 72 6.9%
3 Rocket Mortgage 70 6.7%
4 Towne Mortgage Company 33 3.2%
5 Renasant Bank 31 3.0%
Compare United Community Bank vs United Wholesale Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Pickens County?
In the 2024 HMDA reporting year, 2,122 mortgage applications were filed in Pickens County, Georgia. Of these, 1,043 were originated (approved and funded), while 345 were denied, resulting in a denial rate of 16.3%.
What is the mortgage denial rate in Pickens County?
The mortgage denial rate in Pickens County is 16.3%. The approval (origination) rate is 49.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Pickens County?
The average mortgage loan amount in Pickens County is $576,489. The average interest rate is 7.164%. The average applicant income is $38K.
What is the loan-to-income ratio in Pickens County?
The average loan-to-income ratio in Pickens County is 15.2x, meaning borrowers took on loans averaging 15.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Pickens County?
The top mortgage lenders in Pickens County by origination volume are United Community Bank, United Wholesale Mortgage, Rocket Mortgage. In total, 182 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.