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2024 data HMDA 2024 disclosure official source

Grant County

2,169 mortgage applications, 18.9% denial rate. Verify FIPS 18053 with U.S. Census Bureau →

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Indiana · FIPS 18053

Local mortgage market. Grant County, Indiana saw 2,169 HMDA-reported mortgage applications in 2024. Lenders originated 1,162 of those loans and denied 410, producing a denial rate of 18.9% and an approval (origination) rate of 53.6%. The average loan amount was $124,876 at an average note rate of 7.30%, with applicants self-reporting average annual income of $34K. 145 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.7x, meaning typical borrowers took on mortgages of about 3.7 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 18053 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,169
Applications
1,162
Originated
18.9%
Denial Rate
53.6%
Approval Rate
$124,876
Avg Loan Amount
7.30%
Avg Interest Rate
$34K
Avg Applicant Income
3.7x
Loan-to-Income Ratio

Nearby Lenders in Grant 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 196 16.9%
2 Union Home Mortgage Corp. 81 7.0%
3 STAR Financial Bank 80 6.9%
4 Rocket Mortgage 67 5.8%
5 First Farmers Bank & Trust 63 5.4%
Compare Ruoff Mortgage Company vs Union Home Mortgage Corp. →

Frequently Asked Questions

How many mortgage applications were filed in Grant County?
In the 2024 HMDA reporting year, 2,169 mortgage applications were filed in Grant County, Indiana. Of these, 1,162 were originated (approved and funded), while 410 were denied, resulting in a denial rate of 18.9%.
What is the mortgage denial rate in Grant County?
The mortgage denial rate in Grant County is 18.9%. The approval (origination) rate is 53.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Grant County?
The average mortgage loan amount in Grant County is $124,876. The average interest rate is 7.297%. The average applicant income is $34K.
What is the loan-to-income ratio in Grant County?
The average loan-to-income ratio in Grant County is 3.7x, meaning borrowers took on loans averaging 3.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Grant County?
The top mortgage lenders in Grant County by origination volume are Ruoff Mortgage Company, Union Home Mortgage Corp., STAR Financial Bank. In total, 145 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.