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2024 data HMDA 2024 disclosure official source

Lyon County

285 mortgage applications, 12.6% denial rate. Verify FIPS 19119 with U.S. Census Bureau →

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Iowa · FIPS 19119

Local mortgage market. Lyon County, Iowa saw 285 HMDA-reported mortgage applications in 2024. Lenders originated 204 of those loans and denied 36, producing a denial rate of 12.6% and an approval (origination) rate of 71.6%. The average loan amount was $181,772 at an average note rate of 6.81%, with applicants self-reporting average annual income of $37K. 37 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.9x, meaning typical borrowers took on mortgages of about 4.9 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 19119 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

285
Applications
204
Originated
12.6%
Denial Rate
71.6%
Approval Rate
$181,772
Avg Loan Amount
6.81%
Avg Interest Rate
$37K
Avg Applicant Income
4.9x
Loan-to-Income Ratio

Nearby Lenders in Lyon 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 Premier Bank 33 16.2%
2 Iowa Bankers Mortgage Corporation 26 12.7%
3 Frontier Bank 21 10.3%
4 American State Bank 20 9.8%
5 Us Bank, N.A. 19 9.3%
Compare Premier Bank vs Iowa Bankers Mortgage Corporation →

Frequently Asked Questions

How many mortgage applications were filed in Lyon County?
In the 2024 HMDA reporting year, 285 mortgage applications were filed in Lyon County, Iowa. Of these, 204 were originated (approved and funded), while 36 were denied, resulting in a denial rate of 12.6%.
What is the mortgage denial rate in Lyon County?
The mortgage denial rate in Lyon County is 12.6%. The approval (origination) rate is 71.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Lyon County?
The average mortgage loan amount in Lyon County is $181,772. The average interest rate is 6.813%. The average applicant income is $37K.
What is the loan-to-income ratio in Lyon County?
The average loan-to-income ratio in Lyon County is 4.9x, meaning borrowers took on loans averaging 4.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Lyon County?
The top mortgage lenders in Lyon County by origination volume are Premier Bank, Iowa Bankers Mortgage Corporation, Frontier Bank. In total, 37 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.