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2024 data HMDA 2024 disclosure official source

Nantucket County

667 mortgage applications, 19.8% denial rate. Verify FIPS 25019 with U.S. Census Bureau →

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Massachusetts · FIPS 25019

Local mortgage market. Nantucket County, Massachusetts saw 667 HMDA-reported mortgage applications in 2024. Lenders originated 368 of those loans and denied 132, producing a denial rate of 19.8% and an approval (origination) rate of 55.2%. The average loan amount was $1,265,015 at an average note rate of 7.30%, with applicants self-reporting average annual income of $38K. 76 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 33.3x, meaning typical borrowers took on mortgages of about 33.3 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 25019 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

667
Applications
368
Originated
19.8%
Denial Rate
55.2%
Approval Rate
$1,265,015
Avg Loan Amount
7.30%
Avg Interest Rate
$38K
Avg Applicant Income
33.3x
Loan-to-Income Ratio

Nearby Lenders in Nantucket 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 134 36.4%
2 Rockland Trust Bank 29 7.9%
3 CBNA Year to Date 25 6.8%
4 Bank of America NA 20 5.4%
5 JPMorgan Chase Bank, NA 13 3.5%
Compare Cape Cod Five Cents Savings Bank vs Rockland Trust Bank →

Frequently Asked Questions

How many mortgage applications were filed in Nantucket County?
In the 2024 HMDA reporting year, 667 mortgage applications were filed in Nantucket County, Massachusetts. Of these, 368 were originated (approved and funded), while 132 were denied, resulting in a denial rate of 19.8%.
What is the mortgage denial rate in Nantucket County?
The mortgage denial rate in Nantucket County is 19.8%. The approval (origination) rate is 55.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Nantucket County?
The average mortgage loan amount in Nantucket County is $1,265,015. The average interest rate is 7.296%. The average applicant income is $38K.
What is the loan-to-income ratio in Nantucket County?
The average loan-to-income ratio in Nantucket County is 33.3x, meaning borrowers took on loans averaging 33.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Nantucket County?
The top mortgage lenders in Nantucket County by origination volume are Cape Cod Five Cents Savings Bank, Rockland Trust Bank, CBNA Year to Date. In total, 76 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.