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2024 data HMDA 2024 disclosure official source

Owen County

893 mortgage applications, 15.3% denial rate. Verify FIPS 18119 with U.S. Census Bureau →

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Indiana · FIPS 18119

Local mortgage market. Owen County, Indiana saw 893 HMDA-reported mortgage applications in 2024. Lenders originated 490 of those loans and denied 137, producing a denial rate of 15.3% and an approval (origination) rate of 54.9%. The average loan amount was $185,067 at an average note rate of 6.93%, with applicants self-reporting average annual income of $35K. 106 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.3x, meaning typical borrowers took on mortgages of about 5.3 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 18119 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

893
Applications
490
Originated
15.3%
Denial Rate
54.9%
Approval Rate
$185,067
Avg Loan Amount
6.93%
Avg Interest Rate
$35K
Avg Applicant Income
5.3x
Loan-to-Income Ratio

Nearby Lenders in Owen 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 63 12.9%
2 Indiana University CU 41 8.4%
3 Owen County State Bank 38 7.8%
4 Rocket Mortgage 26 5.3%
5 Crane Credit Union 25 5.1%
Compare Ruoff Mortgage Company vs Indiana University CU →

Frequently Asked Questions

How many mortgage applications were filed in Owen County?
In the 2024 HMDA reporting year, 893 mortgage applications were filed in Owen County, Indiana. Of these, 490 were originated (approved and funded), while 137 were denied, resulting in a denial rate of 15.3%.
What is the mortgage denial rate in Owen County?
The mortgage denial rate in Owen County is 15.3%. The approval (origination) rate is 54.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Owen County?
The average mortgage loan amount in Owen County is $185,067. The average interest rate is 6.934%. The average applicant income is $35K.
What is the loan-to-income ratio in Owen County?
The average loan-to-income ratio in Owen County is 5.3x, meaning borrowers took on loans averaging 5.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Owen County?
The top mortgage lenders in Owen County by origination volume are Ruoff Mortgage Company, Indiana University CU, Owen County State Bank. In total, 106 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.