PlainLender
2024 data HMDA 2024 disclosure official source

Allen County

16,979 mortgage applications, 14.5% denial rate. Verify FIPS 18003 with U.S. Census Bureau →

PlainLender home → About this data

Indiana · FIPS 18003

Local mortgage market. Allen County, Indiana saw 16,979 HMDA-reported mortgage applications in 2024. Lenders originated 9,882 of those loans and denied 2,458, producing a denial rate of 14.5% and an approval (origination) rate of 58.2%. The average loan amount was $195,590 at an average note rate of 7.22%, with applicants self-reporting average annual income of $36K. 304 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.4x, meaning typical borrowers took on mortgages of about 5.4 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 18003 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

16,979
Applications
9,882
Originated
14.5%
Denial Rate
58.2%
Approval Rate
$195,590
Avg Loan Amount
7.22%
Avg Interest Rate
$36K
Avg Applicant Income
5.4x
Loan-to-Income Ratio

Nearby Lenders in Allen 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 Three Rivers Federal Crediit U 1,474 14.9%
2 Ruoff Mortgage Company 849 8.6%
3 First Merchants Bank 416 4.2%
4 Profed Federal Credit Union 362 3.7%
5 Fifth Third Bank, National Association 360 3.6%
Compare Three Rivers Federal Crediit U vs Ruoff Mortgage Company →

Frequently Asked Questions

How many mortgage applications were filed in Allen County?
In the 2024 HMDA reporting year, 16,979 mortgage applications were filed in Allen County, Indiana. Of these, 9,882 were originated (approved and funded), while 2,458 were denied, resulting in a denial rate of 14.5%.
What is the mortgage denial rate in Allen County?
The mortgage denial rate in Allen County is 14.5%. The approval (origination) rate is 58.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Allen County?
The average mortgage loan amount in Allen County is $195,590. The average interest rate is 7.223%. The average applicant income is $36K.
What is the loan-to-income ratio in Allen County?
The average loan-to-income ratio in Allen County is 5.4x, meaning borrowers took on loans averaging 5.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Allen County?
The top mortgage lenders in Allen County by origination volume are Three Rivers Federal Crediit U, Ruoff Mortgage Company, First Merchants Bank. In total, 304 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.