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2024 data HMDA 2024 disclosure official source

Gem County

984 mortgage applications, 18.9% denial rate. Verify FIPS 16045 with U.S. Census Bureau →

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Idaho · FIPS 16045

Local mortgage market. Gem County, Idaho saw 984 HMDA-reported mortgage applications in 2024. Lenders originated 498 of those loans and denied 186, producing a denial rate of 18.9% and an approval (origination) rate of 50.6%. The average loan amount was $271,382 at an average note rate of 7.16%, with applicants self-reporting average annual income of $39K. 105 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 16045 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

984
Applications
498
Originated
18.9%
Denial Rate
50.6%
Approval Rate
$271,382
Avg Loan Amount
7.16%
Avg Interest Rate
$39K
Avg Applicant Income
7.0x
Loan-to-Income Ratio

Nearby Lenders in Gem 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 Idaho Central Credit Union 73 14.7%
2 United Wholesale Mortgage 35 7.0%
3 Rocket Mortgage 25 5.0%
4 Toll Brothers Mortgage Company 22 4.4%
5 Guild Mortgage Company 22 4.4%
Compare Idaho Central Credit Union vs United Wholesale Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Gem County?
In the 2024 HMDA reporting year, 984 mortgage applications were filed in Gem County, Idaho. Of these, 498 were originated (approved and funded), while 186 were denied, resulting in a denial rate of 18.9%.
What is the mortgage denial rate in Gem County?
The mortgage denial rate in Gem County is 18.9%. The approval (origination) rate is 50.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Gem County?
The average mortgage loan amount in Gem County is $271,382. The average interest rate is 7.156%. The average applicant income is $39K.
What is the loan-to-income ratio in Gem County?
The average loan-to-income ratio in Gem 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 Gem County?
The top mortgage lenders in Gem County by origination volume are Idaho Central Credit Union, United Wholesale Mortgage, Rocket Mortgage. 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.