PlainLender
2024 data HMDA 2024 disclosure official source

Dukes County

949 mortgage applications, 18.6% denial rate. Verify FIPS 25007 with U.S. Census Bureau →

PlainLender home → About this data

Massachusetts · FIPS 25007

Local mortgage market. Dukes County, Massachusetts saw 949 HMDA-reported mortgage applications in 2024. Lenders originated 486 of those loans and denied 176, producing a denial rate of 18.6% and an approval (origination) rate of 51.2%. The average loan amount was $797,877 at an average note rate of 7.45%, with applicants self-reporting average annual income of $39K. 106 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 20.5x, meaning typical borrowers took on mortgages of about 20.5 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 25007 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

949
Applications
486
Originated
18.6%
Denial Rate
51.2%
Approval Rate
$797,877
Avg Loan Amount
7.45%
Avg Interest Rate
$39K
Avg Applicant Income
20.5x
Loan-to-Income Ratio

Nearby Lenders in Dukes 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 Cape Cod Five Cents Savings Bank 61 12.6%
2 Marthas Vineyard Bank 60 12.3%
3 Rockland Trust Bank 58 11.9%
4 Baycoast Mortgage Company, LLC 31 6.4%
5 Bank of America NA 25 5.1%
Compare Cape Cod Five Cents Savings Bank vs Marthas Vineyard Bank →

Frequently Asked Questions

How many mortgage applications were filed in Dukes County?
In the 2024 HMDA reporting year, 949 mortgage applications were filed in Dukes County, Massachusetts. Of these, 486 were originated (approved and funded), while 176 were denied, resulting in a denial rate of 18.6%.
What is the mortgage denial rate in Dukes County?
The mortgage denial rate in Dukes County is 18.6%. The approval (origination) rate is 51.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Dukes County?
The average mortgage loan amount in Dukes County is $797,877. The average interest rate is 7.450%. The average applicant income is $39K.
What is the loan-to-income ratio in Dukes County?
The average loan-to-income ratio in Dukes County is 20.5x, meaning borrowers took on loans averaging 20.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Dukes County?
The top mortgage lenders in Dukes County by origination volume are Cape Cod Five Cents Savings Bank, Marthas Vineyard Bank, Rockland Trust Bank. In total, 106 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.