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2024 data HMDA 2024 disclosure official source

Muhlenberg County

958 mortgage applications, 23.0% denial rate. Verify FIPS 21177 with U.S. Census Bureau →

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Kentucky · FIPS 21177

Local mortgage market. Muhlenberg County, Kentucky saw 958 HMDA-reported mortgage applications in 2024. Lenders originated 462 of those loans and denied 220, producing a denial rate of 23.0% and an approval (origination) rate of 48.2%. The average loan amount was $128,424 at an average note rate of 7.10%, with applicants self-reporting average annual income of $36K. 83 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.6x, meaning typical borrowers took on mortgages of about 3.6 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 21177 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

958
Applications
462
Originated
23.0%
Denial Rate
48.2%
Approval Rate
$128,424
Avg Loan Amount
7.10%
Avg Interest Rate
$36K
Avg Applicant Income
3.6x
Loan-to-Income Ratio

Nearby Lenders in Muhlenberg 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 Southern National Bank 65 14.1%
2 Farmers Bank and Trust Company 55 11.9%
3 Old National Bank 48 10.4%
4 Everett Financial, INC. 27 5.8%
5 Stockton Mortgage Corporation 25 5.4%
Compare First Southern National Bank vs Farmers Bank and Trust Company →

Frequently Asked Questions

How many mortgage applications were filed in Muhlenberg County?
In the 2024 HMDA reporting year, 958 mortgage applications were filed in Muhlenberg County, Kentucky. Of these, 462 were originated (approved and funded), while 220 were denied, resulting in a denial rate of 23.0%.
What is the mortgage denial rate in Muhlenberg County?
The mortgage denial rate in Muhlenberg County is 23.0%. The approval (origination) rate is 48.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Muhlenberg County?
The average mortgage loan amount in Muhlenberg County is $128,424. The average interest rate is 7.099%. The average applicant income is $36K.
What is the loan-to-income ratio in Muhlenberg County?
The average loan-to-income ratio in Muhlenberg County is 3.6x, meaning borrowers took on loans averaging 3.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Muhlenberg County?
The top mortgage lenders in Muhlenberg County by origination volume are First Southern National Bank, Farmers Bank and Trust Company, Old National Bank. In total, 83 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.