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2024 data HMDA 2024 disclosure official source

Mahaska County

678 mortgage applications, 14.9% denial rate. Verify FIPS 19123 with U.S. Census Bureau →

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Iowa · FIPS 19123

Local mortgage market. Mahaska County, Iowa saw 678 HMDA-reported mortgage applications in 2024. Lenders originated 435 of those loans and denied 101, producing a denial rate of 14.9% and an approval (origination) rate of 64.2%. The average loan amount was $126,991 at an average note rate of 6.14%, with applicants self-reporting average annual income of $34K. 67 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.7x, meaning typical borrowers took on mortgages of about 3.7 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 19123 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

678
Applications
435
Originated
14.9%
Denial Rate
64.2%
Approval Rate
$126,991
Avg Loan Amount
6.14%
Avg Interest Rate
$34K
Avg Applicant Income
3.7x
Loan-to-Income Ratio

Nearby Lenders in Mahaska 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 Community 1st Credit Union 100 23.0%
2 Bank Iowa 58 13.3%
3 Midwestone Bank 34 7.8%
4 Rocket Mortgage 23 5.3%
5 Iowa Bankers Mortgage Corporation 19 4.4%
Compare Community 1st Credit Union vs Bank Iowa →

Frequently Asked Questions

How many mortgage applications were filed in Mahaska County?
In the 2024 HMDA reporting year, 678 mortgage applications were filed in Mahaska County, Iowa. Of these, 435 were originated (approved and funded), while 101 were denied, resulting in a denial rate of 14.9%.
What is the mortgage denial rate in Mahaska County?
The mortgage denial rate in Mahaska County is 14.9%. The approval (origination) rate is 64.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Mahaska County?
The average mortgage loan amount in Mahaska County is $126,991. The average interest rate is 6.141%. The average applicant income is $34K.
What is the loan-to-income ratio in Mahaska County?
The average loan-to-income ratio in Mahaska County is 3.7x, meaning borrowers took on loans averaging 3.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Mahaska County?
The top mortgage lenders in Mahaska County by origination volume are Community 1st Credit Union, Bank Iowa, Midwestone Bank. In total, 67 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.