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2024 data HMDA 2024 disclosure official source

Tama County

412 mortgage applications, 14.6% denial rate. Verify FIPS 19171 with U.S. Census Bureau →

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Iowa · FIPS 19171

Local mortgage market. Tama County, Iowa saw 412 HMDA-reported mortgage applications in 2024. Lenders originated 238 of those loans and denied 60, producing a denial rate of 14.6% and an approval (origination) rate of 57.8%. The average loan amount was $123,544 at an average note rate of 7.19%, with applicants self-reporting average annual income of $35K. 68 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 19171 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

412
Applications
238
Originated
14.6%
Denial Rate
57.8%
Approval Rate
$123,544
Avg Loan Amount
7.19%
Avg Interest Rate
$35K
Avg Applicant Income
3.5x
Loan-to-Income Ratio

Nearby Lenders in Tama 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 Veridian Credit Union 50 21.0%
2 Greenstate Credit Union 41 17.2%
3 Lincoln Savings Bank 9 3.8%
4 Farmers Savings Bank & Trust 8 3.4%
5 Iowa Bankers Mortgage Corporation 8 3.4%
Compare Veridian Credit Union vs Greenstate Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Tama County?
In the 2024 HMDA reporting year, 412 mortgage applications were filed in Tama County, Iowa. Of these, 238 were originated (approved and funded), while 60 were denied, resulting in a denial rate of 14.6%.
What is the mortgage denial rate in Tama County?
The mortgage denial rate in Tama County is 14.6%. The approval (origination) rate is 57.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Tama County?
The average mortgage loan amount in Tama County is $123,544. The average interest rate is 7.188%. The average applicant income is $35K.
What is the loan-to-income ratio in Tama County?
The average loan-to-income ratio in Tama 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 Tama County?
The top mortgage lenders in Tama County by origination volume are Veridian Credit Union, Greenstate Credit Union, Lincoln Savings Bank. In total, 68 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.