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2024 data HMDA 2024 disclosure official source

Towns County

646 mortgage applications, 16.9% denial rate. Verify FIPS 13281 with U.S. Census Bureau →

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Georgia · FIPS 13281

Local mortgage market. Towns County, Georgia saw 646 HMDA-reported mortgage applications in 2024. Lenders originated 330 of those loans and denied 109, producing a denial rate of 16.9% and an approval (origination) rate of 51.1%. The average loan amount was $264,954 at an average note rate of 7.16%, with applicants self-reporting average annual income of $36K. 105 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.4x, meaning typical borrowers took on mortgages of about 7.4 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 13281 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

646
Applications
330
Originated
16.9%
Denial Rate
51.1%
Approval Rate
$264,954
Avg Loan Amount
7.16%
Avg Interest Rate
$36K
Avg Applicant Income
7.4x
Loan-to-Income Ratio

Nearby Lenders in Towns 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 65 19.7%
2 Rocket Mortgage 25 7.6%
3 SouthState Bank, N.A. 12 3.6%
4 United Wholesale Mortgage 11 3.3%
5 First Community Mortgage 10 3.0%
Compare United Community Bank vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Towns County?
In the 2024 HMDA reporting year, 646 mortgage applications were filed in Towns County, Georgia. Of these, 330 were originated (approved and funded), while 109 were denied, resulting in a denial rate of 16.9%.
What is the mortgage denial rate in Towns County?
The mortgage denial rate in Towns County is 16.9%. The approval (origination) rate is 51.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Towns County?
The average mortgage loan amount in Towns County is $264,954. The average interest rate is 7.164%. The average applicant income is $36K.
What is the loan-to-income ratio in Towns County?
The average loan-to-income ratio in Towns County is 7.4x, meaning borrowers took on loans averaging 7.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Towns County?
The top mortgage lenders in Towns County by origination volume are United Community Bank, Rocket Mortgage, SouthState Bank, N.A.. In total, 105 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.