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2024 data HMDA 2024 disclosure official source

Rowan County

602 mortgage applications, 27.6% denial rate. Verify FIPS 21205 with U.S. Census Bureau →

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Kentucky · FIPS 21205

Local mortgage market. Rowan County, Kentucky saw 602 HMDA-reported mortgage applications in 2024. Lenders originated 267 of those loans and denied 166, producing a denial rate of 27.6% and an approval (origination) rate of 44.4%. The average loan amount was $157,292 at an average note rate of 7.15%, with applicants self-reporting average annual income of $35K. 71 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.5x, meaning typical borrowers took on mortgages of about 4.5 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 21205 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

602
Applications
267
Originated
27.6%
Denial Rate
44.4%
Approval Rate
$157,292
Avg Loan Amount
7.15%
Avg Interest Rate
$35K
Avg Applicant Income
4.5x
Loan-to-Income Ratio

Nearby Lenders in Rowan 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 Stock Yards Bank & Trust Company 31 11.6%
2 First National Bank of Grayson 21 7.9%
3 Rocket Mortgage 18 6.7%
4 Whitaker Bank INC 17 6.4%
5 Us Bank, N.A. 16 6.0%
Compare Stock Yards Bank & Trust Company vs First National Bank of Grayson →

Frequently Asked Questions

How many mortgage applications were filed in Rowan County?
In the 2024 HMDA reporting year, 602 mortgage applications were filed in Rowan County, Kentucky. Of these, 267 were originated (approved and funded), while 166 were denied, resulting in a denial rate of 27.6%.
What is the mortgage denial rate in Rowan County?
The mortgage denial rate in Rowan County is 27.6%. The approval (origination) rate is 44.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Rowan County?
The average mortgage loan amount in Rowan County is $157,292. The average interest rate is 7.154%. The average applicant income is $35K.
What is the loan-to-income ratio in Rowan County?
The average loan-to-income ratio in Rowan County is 4.5x, meaning borrowers took on loans averaging 4.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Rowan County?
The top mortgage lenders in Rowan County by origination volume are Stock Yards Bank & Trust Company, First National Bank of Grayson, Rocket Mortgage. In total, 71 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.