PlainLender
2024 data HMDA 2024 disclosure official source

Hancock County

341 mortgage applications, 17.0% denial rate. Verify FIPS 17067 with U.S. Census Bureau →

PlainLender home → About this data

Illinois · FIPS 17067

Local mortgage market. Hancock County, Illinois saw 341 HMDA-reported mortgage applications in 2024. Lenders originated 196 of those loans and denied 58, producing a denial rate of 17.0% and an approval (origination) rate of 57.5%. The average loan amount was $103,504 at an average note rate of 6.90%, with applicants self-reporting average annual income of $33K. 37 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.1x, meaning typical borrowers took on mortgages of about 3.1 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 17067 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

341
Applications
196
Originated
17.0%
Denial Rate
57.5%
Approval Rate
$103,504
Avg Loan Amount
6.90%
Avg Interest Rate
$33K
Avg Applicant Income
3.1x
Loan-to-Income Ratio

Nearby Lenders in Hancock 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 89 45.4%
2 Fortress Bank 23 11.7%
3 First Bankers Trust Company 11 5.6%
4 Two Rivers Bank & Trust 9 4.6%
5 Mortgage Research Center 8 4.1%
Compare United Community Bank vs Fortress Bank →

Frequently Asked Questions

How many mortgage applications were filed in Hancock County?
In the 2024 HMDA reporting year, 341 mortgage applications were filed in Hancock County, Illinois. Of these, 196 were originated (approved and funded), while 58 were denied, resulting in a denial rate of 17.0%.
What is the mortgage denial rate in Hancock County?
The mortgage denial rate in Hancock County is 17.0%. The approval (origination) rate is 57.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Hancock County?
The average mortgage loan amount in Hancock County is $103,504. The average interest rate is 6.902%. The average applicant income is $33K.
What is the loan-to-income ratio in Hancock County?
The average loan-to-income ratio in Hancock County is 3.1x, meaning borrowers took on loans averaging 3.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Hancock County?
The top mortgage lenders in Hancock County by origination volume are United Community Bank, Fortress Bank, First Bankers Trust Company. In total, 37 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.