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2024 data HMDA 2024 disclosure official source

Howard County

171 mortgage applications, 18.1% denial rate. Verify FIPS 19089 with U.S. Census Bureau →

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Iowa · FIPS 19089

Local mortgage market. Howard County, Iowa saw 171 HMDA-reported mortgage applications in 2024. Lenders originated 115 of those loans and denied 31, producing a denial rate of 18.1% and an approval (origination) rate of 67.3%. The average loan amount was $137,515 at an average note rate of 7.15%, with applicants self-reporting average annual income of $35K. 26 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 19089 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

171
Applications
115
Originated
18.1%
Denial Rate
67.3%
Approval Rate
$137,515
Avg Loan Amount
7.15%
Avg Interest Rate
$35K
Avg Applicant Income
3.9x
Loan-to-Income Ratio

Nearby Lenders in Howard 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 CUSB Bank 60 52.2%
2 Veridian Credit Union 13 11.3%
3 Security State Bank 9 7.8%
4 Luana Savings Bank 3 2.6%
5 Rocket Mortgage 3 2.6%
Compare CUSB Bank vs Veridian Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Howard County?
In the 2024 HMDA reporting year, 171 mortgage applications were filed in Howard County, Iowa. Of these, 115 were originated (approved and funded), while 31 were denied, resulting in a denial rate of 18.1%.
What is the mortgage denial rate in Howard County?
The mortgage denial rate in Howard County is 18.1%. The approval (origination) rate is 67.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Howard County?
The average mortgage loan amount in Howard County is $137,515. The average interest rate is 7.152%. The average applicant income is $35K.
What is the loan-to-income ratio in Howard County?
The average loan-to-income ratio in Howard 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 Howard County?
The top mortgage lenders in Howard County by origination volume are CUSB Bank, Veridian Credit Union, Security State Bank. In total, 26 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.