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2024 data HMDA 2024 disclosure official source

Randolph County

753 mortgage applications, 19.4% denial rate. Verify FIPS 18135 with U.S. Census Bureau →

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Indiana · FIPS 18135

Local mortgage market. Randolph County, Indiana saw 753 HMDA-reported mortgage applications in 2024. Lenders originated 418 of those loans and denied 146, producing a denial rate of 19.4% and an approval (origination) rate of 55.5%. The average loan amount was $121,082 at an average note rate of 7.11%, with applicants self-reporting average annual income of $35K. 87 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.5x, meaning typical borrowers took on mortgages of about 3.5 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 18135 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

753
Applications
418
Originated
19.4%
Denial Rate
55.5%
Approval Rate
$121,082
Avg Loan Amount
7.11%
Avg Interest Rate
$35K
Avg Applicant Income
3.5x
Loan-to-Income Ratio

Nearby Lenders in Randolph 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 Newrez LLC 48 11.5%
2 First Merchants Bank 35 8.4%
3 First Financial Bank 25 6.0%
4 Rocket Mortgage 21 5.0%
5 The Farmers State Bank 20 4.8%
Compare Newrez LLC vs First Merchants Bank →

Frequently Asked Questions

How many mortgage applications were filed in Randolph County?
In the 2024 HMDA reporting year, 753 mortgage applications were filed in Randolph County, Indiana. Of these, 418 were originated (approved and funded), while 146 were denied, resulting in a denial rate of 19.4%.
What is the mortgage denial rate in Randolph County?
The mortgage denial rate in Randolph County is 19.4%. The approval (origination) rate is 55.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Randolph County?
The average mortgage loan amount in Randolph County is $121,082. The average interest rate is 7.112%. The average applicant income is $35K.
What is the loan-to-income ratio in Randolph County?
The average loan-to-income ratio in Randolph County is 3.5x, meaning borrowers took on loans averaging 3.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Randolph County?
The top mortgage lenders in Randolph County by origination volume are Newrez LLC, First Merchants Bank, First Financial Bank. In total, 87 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.