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2024 data HMDA 2024 disclosure official source

Floyd County

3,780 mortgage applications, 12.9% denial rate. Verify FIPS 18043 with U.S. Census Bureau →

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Indiana · FIPS 18043

Local mortgage market. Floyd County, Indiana saw 3,780 HMDA-reported mortgage applications in 2024. Lenders originated 2,282 of those loans and denied 487, producing a denial rate of 12.9% and an approval (origination) rate of 60.4%. The average loan amount was $215,847 at an average note rate of 6.96%, with applicants self-reporting average annual income of $35K. 207 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.2x, meaning typical borrowers took on mortgages of about 6.2 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 18043 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

3,780
Applications
2,282
Originated
12.9%
Denial Rate
60.4%
Approval Rate
$215,847
Avg Loan Amount
6.96%
Avg Interest Rate
$35K
Avg Applicant Income
6.2x
Loan-to-Income Ratio

Nearby Lenders in Floyd 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 Wholesale Mortgage 149 6.5%
2 Rocket Mortgage 146 6.4%
3 Centra Credit Union 113 5.0%
4 First Harrison Bank 111 4.9%
5 German American Bank 94 4.1%
Compare United Wholesale Mortgage vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Floyd County?
In the 2024 HMDA reporting year, 3,780 mortgage applications were filed in Floyd County, Indiana. Of these, 2,282 were originated (approved and funded), while 487 were denied, resulting in a denial rate of 12.9%.
What is the mortgage denial rate in Floyd County?
The mortgage denial rate in Floyd County is 12.9%. The approval (origination) rate is 60.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Floyd County?
The average mortgage loan amount in Floyd County is $215,847. The average interest rate is 6.960%. The average applicant income is $35K.
What is the loan-to-income ratio in Floyd County?
The average loan-to-income ratio in Floyd County is 6.2x, meaning borrowers took on loans averaging 6.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Floyd County?
The top mortgage lenders in Floyd County by origination volume are United Wholesale Mortgage, Rocket Mortgage, Centra Credit Union. In total, 207 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.