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2024 data HMDA 2024 disclosure official source

McLean County

291 mortgage applications, 19.6% denial rate. Verify FIPS 21149 with U.S. Census Bureau →

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Kentucky · FIPS 21149

Local mortgage market. McLean County, Kentucky saw 291 HMDA-reported mortgage applications in 2024. Lenders originated 157 of those loans and denied 57, producing a denial rate of 19.6% and an approval (origination) rate of 54.0%. The average loan amount was $125,687 at an average note rate of 7.24%, with applicants self-reporting average annual income of $34K. 43 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 21149 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

291
Applications
157
Originated
19.6%
Denial Rate
54.0%
Approval Rate
$125,687
Avg Loan Amount
7.24%
Avg Interest Rate
$34K
Avg Applicant Income
3.7x
Loan-to-Income Ratio

Nearby Lenders in McLean 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 34 21.7%
2 Liberty Federal Credit Union 33 21.0%
3 Sacramento Deposit Bank 11 7.0%
4 Farmers Bank and Trust Company 8 5.1%
5 Rocket Mortgage 8 5.1%
Compare Independence Bank of Kentucky vs Liberty Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in McLean County?
In the 2024 HMDA reporting year, 291 mortgage applications were filed in McLean County, Kentucky. Of these, 157 were originated (approved and funded), while 57 were denied, resulting in a denial rate of 19.6%.
What is the mortgage denial rate in McLean County?
The mortgage denial rate in McLean County is 19.6%. The approval (origination) rate is 54.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in McLean County?
The average mortgage loan amount in McLean County is $125,687. The average interest rate is 7.239%. The average applicant income is $34K.
What is the loan-to-income ratio in McLean County?
The average loan-to-income ratio in McLean 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 McLean County?
The top mortgage lenders in McLean County by origination volume are Independence Bank of Kentucky, Liberty Federal Credit Union, Sacramento Deposit Bank. In total, 43 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.