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2024 data HMDA 2024 disclosure official source

Harford County

10,704 mortgage applications, 14.9% denial rate. Verify FIPS 24025 with U.S. Census Bureau →

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Maryland · FIPS 24025

Local mortgage market. Harford County, Maryland saw 10,704 HMDA-reported mortgage applications in 2024. Lenders originated 5,771 of those loans and denied 1,593, producing a denial rate of 14.9% and an approval (origination) rate of 53.9%. The average loan amount was $287,105 at an average note rate of 6.93%, with applicants self-reporting average annual income of $38K. 296 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.6x, meaning typical borrowers took on mortgages of about 7.6 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 24025 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

10,704
Applications
5,771
Originated
14.9%
Denial Rate
53.9%
Approval Rate
$287,105
Avg Loan Amount
6.93%
Avg Interest Rate
$38K
Avg Applicant Income
7.6x
Loan-to-Income Ratio

Nearby Lenders in Harford 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 Aberdeen Proving Ground FCU 676 11.7%
2 Rocket Mortgage 377 6.5%
3 First National Bank of PA 204 3.5%
4 United Wholesale Mortgage 197 3.4%
5 M&T Bank 195 3.4%
Compare Aberdeen Proving Ground FCU vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Harford County?
In the 2024 HMDA reporting year, 10,704 mortgage applications were filed in Harford County, Maryland. Of these, 5,771 were originated (approved and funded), while 1,593 were denied, resulting in a denial rate of 14.9%.
What is the mortgage denial rate in Harford County?
The mortgage denial rate in Harford County is 14.9%. The approval (origination) rate is 53.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Harford County?
The average mortgage loan amount in Harford County is $287,105. The average interest rate is 6.929%. The average applicant income is $38K.
What is the loan-to-income ratio in Harford County?
The average loan-to-income ratio in Harford County is 7.6x, meaning borrowers took on loans averaging 7.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Harford County?
The top mortgage lenders in Harford County by origination volume are Aberdeen Proving Ground FCU, Rocket Mortgage, First National Bank of PA. In total, 296 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.