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2024 data HMDA 2024 disclosure official source

Gibson County

1,252 mortgage applications, 16.6% denial rate. Verify FIPS 18051 with U.S. Census Bureau →

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Indiana · FIPS 18051

Local mortgage market. Gibson County, Indiana saw 1,252 HMDA-reported mortgage applications in 2024. Lenders originated 663 of those loans and denied 208, producing a denial rate of 16.6% and an approval (origination) rate of 53.0%. The average loan amount was $138,522 at an average note rate of 7.01%, with applicants self-reporting average annual income of $34K. 94 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 18051 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,252
Applications
663
Originated
16.6%
Denial Rate
53.0%
Approval Rate
$138,522
Avg Loan Amount
7.01%
Avg Interest Rate
$34K
Avg Applicant Income
4.1x
Loan-to-Income Ratio

Nearby Lenders in Gibson 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 Liberty Federal Credit Union 137 20.7%
2 German American Bank 54 8.1%
3 Mortgage Masters of Indiana Inc 49 7.4%
4 Fifth Third Bank, National Association 43 6.5%
5 Old National Bank 42 6.3%
Compare Liberty Federal Credit Union vs German American Bank →

Frequently Asked Questions

How many mortgage applications were filed in Gibson County?
In the 2024 HMDA reporting year, 1,252 mortgage applications were filed in Gibson County, Indiana. Of these, 663 were originated (approved and funded), while 208 were denied, resulting in a denial rate of 16.6%.
What is the mortgage denial rate in Gibson County?
The mortgage denial rate in Gibson County is 16.6%. The approval (origination) rate is 53.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Gibson County?
The average mortgage loan amount in Gibson County is $138,522. The average interest rate is 7.008%. The average applicant income is $34K.
What is the loan-to-income ratio in Gibson County?
The average loan-to-income ratio in Gibson 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 Gibson County?
The top mortgage lenders in Gibson County by origination volume are Liberty Federal Credit Union, German American Bank, Mortgage Masters of Indiana Inc. In total, 94 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.