PlainLender
2024 data HMDA 2024 disclosure official source

St. Joseph County

2,323 mortgage applications, 17.2% denial rate. Verify FIPS 26149 with U.S. Census Bureau →

PlainLender home → About this data

Michigan · FIPS 26149

Local mortgage market. St. Joseph County, Michigan saw 2,323 HMDA-reported mortgage applications in 2024. Lenders originated 1,360 of those loans and denied 400, producing a denial rate of 17.2% and an approval (origination) rate of 58.5%. The average loan amount was $150,751 at an average note rate of 7.29%, with applicants self-reporting average annual income of $37K. 147 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.1x, meaning typical borrowers took on mortgages of about 4.1 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 26149 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,323
Applications
1,360
Originated
17.2%
Denial Rate
58.5%
Approval Rate
$150,751
Avg Loan Amount
7.29%
Avg Interest Rate
$37K
Avg Applicant Income
4.1x
Loan-to-Income Ratio

Nearby Lenders in St. Joseph 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 Sturgis Bank & Trust 170 12.5%
2 OMNI Community Credit Union 109 8.0%
3 Rocket Mortgage 74 5.4%
4 Ruoff Mortgage Company 70 5.1%
5 Oak Mortgage, LLC 68 5.0%
Compare Sturgis Bank & Trust vs OMNI Community Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in St. Joseph County?
In the 2024 HMDA reporting year, 2,323 mortgage applications were filed in St. Joseph County, Michigan. Of these, 1,360 were originated (approved and funded), while 400 were denied, resulting in a denial rate of 17.2%.
What is the mortgage denial rate in St. Joseph County?
The mortgage denial rate in St. Joseph County is 17.2%. The approval (origination) rate is 58.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in St. Joseph County?
The average mortgage loan amount in St. Joseph County is $150,751. The average interest rate is 7.290%. The average applicant income is $37K.
What is the loan-to-income ratio in St. Joseph County?
The average loan-to-income ratio in St. Joseph County is 4.1x, meaning borrowers took on loans averaging 4.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in St. Joseph County?
The top mortgage lenders in St. Joseph County by origination volume are Sturgis Bank & Trust, OMNI Community Credit Union, Rocket Mortgage. In total, 147 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.