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2024 data HMDA 2024 disclosure official source

Elliott County

143 mortgage applications, 26.6% denial rate. Verify FIPS 21063 with U.S. Census Bureau →

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Kentucky · FIPS 21063

Local mortgage market. Elliott County, Kentucky saw 143 HMDA-reported mortgage applications in 2024. Lenders originated 61 of those loans and denied 38, producing a denial rate of 26.6% and an approval (origination) rate of 42.7%. The average loan amount was $148,427 at an average note rate of 6.48%, with applicants self-reporting average annual income of $36K. 21 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.1x, meaning typical borrowers took on mortgages of about 4.1 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 21063 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

143
Applications
61
Originated
26.6%
Denial Rate
42.7%
Approval Rate
$148,427
Avg Loan Amount
6.48%
Avg Interest Rate
$36K
Avg Applicant Income
4.1x
Loan-to-Income Ratio

Nearby Lenders in Elliott 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 First National Bank of Grayson 16 26.2%
2 Commercial Bank of Grayson 7 11.5%
3 Rocket Mortgage 7 11.5%
4 Stock Yards Bank & Trust Company 5 8.2%
5 Mortgage Research Center 4 6.6%
Compare First National Bank of Grayson vs Commercial Bank of Grayson →

Frequently Asked Questions

How many mortgage applications were filed in Elliott County?
In the 2024 HMDA reporting year, 143 mortgage applications were filed in Elliott County, Kentucky. Of these, 61 were originated (approved and funded), while 38 were denied, resulting in a denial rate of 26.6%.
What is the mortgage denial rate in Elliott County?
The mortgage denial rate in Elliott County is 26.6%. The approval (origination) rate is 42.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Elliott County?
The average mortgage loan amount in Elliott County is $148,427. The average interest rate is 6.483%. The average applicant income is $36K.
What is the loan-to-income ratio in Elliott County?
The average loan-to-income ratio in Elliott County is 4.1x, meaning borrowers took on loans averaging 4.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Elliott County?
The top mortgage lenders in Elliott County by origination volume are First National Bank of Grayson, Commercial Bank of Grayson, Rocket Mortgage. In total, 21 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.