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2024 data HMDA 2024 disclosure official source

Allen County

1,015 mortgage applications, 17.6% denial rate. Verify FIPS 21003 with U.S. Census Bureau →

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Kentucky · FIPS 21003

Local mortgage market. Allen County, Kentucky saw 1,015 HMDA-reported mortgage applications in 2024. Lenders originated 560 of those loans and denied 179, producing a denial rate of 17.6% and an approval (origination) rate of 55.2%. The average loan amount was $170,813 at an average note rate of 7.25%, with applicants self-reporting average annual income of $37K. 116 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.6x, meaning typical borrowers took on mortgages of about 4.6 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 21003 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,015
Applications
560
Originated
17.6%
Denial Rate
55.2%
Approval Rate
$170,813
Avg Loan Amount
7.25%
Avg Interest Rate
$37K
Avg Applicant Income
4.6x
Loan-to-Income Ratio

Nearby Lenders in Allen 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 Edmonton State Bank 59 10.5%
2 South Central Bank INC 54 9.6%
3 Atlantic Bay Mortgage Group 44 7.9%
4 Us Bank, N.A. 36 6.4%
5 Rocket Mortgage 22 3.9%
Compare Edmonton State Bank vs South Central Bank INC →

Frequently Asked Questions

How many mortgage applications were filed in Allen County?
In the 2024 HMDA reporting year, 1,015 mortgage applications were filed in Allen County, Kentucky. Of these, 560 were originated (approved and funded), while 179 were denied, resulting in a denial rate of 17.6%.
What is the mortgage denial rate in Allen County?
The mortgage denial rate in Allen County is 17.6%. The approval (origination) rate is 55.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Allen County?
The average mortgage loan amount in Allen County is $170,813. The average interest rate is 7.247%. The average applicant income is $37K.
What is the loan-to-income ratio in Allen County?
The average loan-to-income ratio in Allen County is 4.6x, meaning borrowers took on loans averaging 4.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Allen County?
The top mortgage lenders in Allen County by origination volume are Edmonton State Bank, South Central Bank INC, Atlantic Bay Mortgage Group. In total, 116 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.