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2024 data HMDA 2024 disclosure official source

Richland County

186 mortgage applications, 31.2% denial rate. Verify FIPS 17159 with U.S. Census Bureau →

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Illinois · FIPS 17159

Local mortgage market. Richland County, Illinois saw 186 HMDA-reported mortgage applications in 2024. Lenders originated 83 of those loans and denied 58, producing a denial rate of 31.2% and an approval (origination) rate of 44.6%. The average loan amount was $142,742 at an average note rate of 7.08%, with applicants self-reporting average annual income of $35K. 33 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.1x, meaning typical borrowers took on mortgages of about 4.1 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 17159 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

186
Applications
83
Originated
31.2%
Denial Rate
44.6%
Approval Rate
$142,742
Avg Loan Amount
7.08%
Avg Interest Rate
$35K
Avg Applicant Income
4.1x
Loan-to-Income Ratio

Nearby Lenders in Richland 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 Ruoff Mortgage Company 11 13.3%
2 Liberty Federal Credit Union 8 9.6%
3 Rocket Mortgage 6 7.2%
4 The Peoples State Bank of Newton 5 6.0%
5 Petefish Skiles & Co Bank 4 4.8%
Compare Ruoff Mortgage Company vs Liberty Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Richland County?
In the 2024 HMDA reporting year, 186 mortgage applications were filed in Richland County, Illinois. Of these, 83 were originated (approved and funded), while 58 were denied, resulting in a denial rate of 31.2%.
What is the mortgage denial rate in Richland County?
The mortgage denial rate in Richland County is 31.2%. The approval (origination) rate is 44.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Richland County?
The average mortgage loan amount in Richland County is $142,742. The average interest rate is 7.083%. The average applicant income is $35K.
What is the loan-to-income ratio in Richland County?
The average loan-to-income ratio in Richland County is 4.1x, meaning borrowers took on loans averaging 4.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Richland County?
The top mortgage lenders in Richland County by origination volume are Ruoff Mortgage Company, Liberty Federal Credit Union, Rocket Mortgage. In total, 33 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.