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2024 data HMDA 2024 disclosure official source

Hopkins County

1,617 mortgage applications, 24.6% denial rate. Verify FIPS 21107 with U.S. Census Bureau →

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Kentucky · FIPS 21107

Local mortgage market. Hopkins County, Kentucky saw 1,617 HMDA-reported mortgage applications in 2024. Lenders originated 784 of those loans and denied 398, producing a denial rate of 24.6% and an approval (origination) rate of 48.5%. The average loan amount was $140,473 at an average note rate of 7.37%, with applicants self-reporting average annual income of $36K. 110 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.9x, meaning typical borrowers took on mortgages of about 3.9 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 21107 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,617
Applications
784
Originated
24.6%
Denial Rate
48.5%
Approval Rate
$140,473
Avg Loan Amount
7.37%
Avg Interest Rate
$36K
Avg Applicant Income
3.9x
Loan-to-Income Ratio

Nearby Lenders in Hopkins 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 Independence Bank of Kentucky 102 13.0%
2 First United Bank & Trust Company 57 7.3%
3 Fifth Third Bank, National Association 54 6.9%
4 Rocket Mortgage 45 5.7%
5 First Financial Bank, NA 33 4.2%
Compare Independence Bank of Kentucky vs First United Bank & Trust Company →

Frequently Asked Questions

How many mortgage applications were filed in Hopkins County?
In the 2024 HMDA reporting year, 1,617 mortgage applications were filed in Hopkins County, Kentucky. Of these, 784 were originated (approved and funded), while 398 were denied, resulting in a denial rate of 24.6%.
What is the mortgage denial rate in Hopkins County?
The mortgage denial rate in Hopkins County is 24.6%. The approval (origination) rate is 48.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Hopkins County?
The average mortgage loan amount in Hopkins County is $140,473. The average interest rate is 7.371%. The average applicant income is $36K.
What is the loan-to-income ratio in Hopkins County?
The average loan-to-income ratio in Hopkins County is 3.9x, meaning borrowers took on loans averaging 3.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Hopkins County?
The top mortgage lenders in Hopkins County by origination volume are Independence Bank of Kentucky, First United Bank & Trust Company, Fifth Third Bank, National Association. In total, 110 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.