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2024 data HMDA 2024 disclosure official source

Clarke County

350 mortgage applications, 12.6% denial rate. Verify FIPS 19039 with U.S. Census Bureau →

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Iowa · FIPS 19039

Local mortgage market. Clarke County, Iowa saw 350 HMDA-reported mortgage applications in 2024. Lenders originated 227 of those loans and denied 44, producing a denial rate of 12.6% and an approval (origination) rate of 64.9%. The average loan amount was $140,429 at an average note rate of 6.33%, with applicants self-reporting average annual income of $36K. 64 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.9x, meaning typical borrowers took on mortgages of about 3.9 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 19039 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

350
Applications
227
Originated
12.6%
Denial Rate
64.9%
Approval Rate
$140,429
Avg Loan Amount
6.33%
Avg Interest Rate
$36K
Avg Applicant Income
3.9x
Loan-to-Income Ratio

Nearby Lenders in Clarke 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 American State Bank 25 11.0%
2 Community Choice Credit Union 21 9.3%
3 First National Bank Ames Iowa 19 8.4%
4 Community 1st Credit Union 13 5.7%
5 Veridian Credit Union 11 4.8%
Compare American State Bank vs Community Choice Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Clarke County?
In the 2024 HMDA reporting year, 350 mortgage applications were filed in Clarke County, Iowa. Of these, 227 were originated (approved and funded), while 44 were denied, resulting in a denial rate of 12.6%.
What is the mortgage denial rate in Clarke County?
The mortgage denial rate in Clarke County is 12.6%. The approval (origination) rate is 64.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Clarke County?
The average mortgage loan amount in Clarke County is $140,429. The average interest rate is 6.332%. The average applicant income is $36K.
What is the loan-to-income ratio in Clarke County?
The average loan-to-income ratio in Clarke County is 3.9x, meaning borrowers took on loans averaging 3.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Clarke County?
The top mortgage lenders in Clarke County by origination volume are American State Bank, Community Choice Credit Union, First National Bank Ames Iowa. In total, 64 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.