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2024 data HMDA 2024 disclosure official source

Posey County

967 mortgage applications, 16.1% denial rate. Verify FIPS 18129 with U.S. Census Bureau →

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Indiana · FIPS 18129

Local mortgage market. Posey County, Indiana saw 967 HMDA-reported mortgage applications in 2024. Lenders originated 577 of those loans and denied 156, producing a denial rate of 16.1% and an approval (origination) rate of 59.7%. The average loan amount was $150,853 at an average note rate of 7.32%, with applicants self-reporting average annual income of $34K. 86 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.4x, meaning typical borrowers took on mortgages of about 4.4 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 18129 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

967
Applications
577
Originated
16.1%
Denial Rate
59.7%
Approval Rate
$150,853
Avg Loan Amount
7.32%
Avg Interest Rate
$34K
Avg Applicant Income
4.4x
Loan-to-Income Ratio

Nearby Lenders in Posey 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 100 17.3%
2 Heritage Federal Credit Union 56 9.7%
3 Fifth Third Bank, National Association 51 8.8%
4 Mortgage Masters of Indiana Inc 46 8.0%
5 Old National Bank 29 5.0%
Compare Liberty Federal Credit Union vs Heritage Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Posey County?
In the 2024 HMDA reporting year, 967 mortgage applications were filed in Posey County, Indiana. Of these, 577 were originated (approved and funded), while 156 were denied, resulting in a denial rate of 16.1%.
What is the mortgage denial rate in Posey County?
The mortgage denial rate in Posey County is 16.1%. The approval (origination) rate is 59.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Posey County?
The average mortgage loan amount in Posey County is $150,853. The average interest rate is 7.315%. The average applicant income is $34K.
What is the loan-to-income ratio in Posey County?
The average loan-to-income ratio in Posey County is 4.4x, meaning borrowers took on loans averaging 4.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Posey County?
The top mortgage lenders in Posey County by origination volume are Liberty Federal Credit Union, Heritage Federal Credit Union, Fifth Third Bank, National Association. In total, 86 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.