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2024 data HMDA 2024 disclosure official source

Becker County

1,125 mortgage applications, 11.4% denial rate. Verify FIPS 27005 with U.S. Census Bureau →

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Minnesota · FIPS 27005

Local mortgage market. Becker County, Minnesota saw 1,125 HMDA-reported mortgage applications in 2024. Lenders originated 736 of those loans and denied 128, producing a denial rate of 11.4% and an approval (origination) rate of 65.4%. The average loan amount was $239,658 at an average note rate of 6.97%, with applicants self-reporting average annual income of $37K. 100 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.5x, meaning typical borrowers took on mortgages of about 6.5 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 27005 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,125
Applications
736
Originated
11.4%
Denial Rate
65.4%
Approval Rate
$239,658
Avg Loan Amount
6.97%
Avg Interest Rate
$37K
Avg Applicant Income
6.5x
Loan-to-Income Ratio

Nearby Lenders in Becker 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 United Wholesale Mortgage 124 16.8%
2 Bell Bank 107 14.5%
3 Midwest Bank 84 11.4%
4 Bremer Bank NA 50 6.8%
5 Gate City Bank 48 6.5%
Compare United Wholesale Mortgage vs Bell Bank →

Frequently Asked Questions

How many mortgage applications were filed in Becker County?
In the 2024 HMDA reporting year, 1,125 mortgage applications were filed in Becker County, Minnesota. Of these, 736 were originated (approved and funded), while 128 were denied, resulting in a denial rate of 11.4%.
What is the mortgage denial rate in Becker County?
The mortgage denial rate in Becker County is 11.4%. The approval (origination) rate is 65.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Becker County?
The average mortgage loan amount in Becker County is $239,658. The average interest rate is 6.966%. The average applicant income is $37K.
What is the loan-to-income ratio in Becker County?
The average loan-to-income ratio in Becker County is 6.5x, meaning borrowers took on loans averaging 6.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Becker County?
The top mortgage lenders in Becker County by origination volume are United Wholesale Mortgage, Bell Bank, Midwest Bank. In total, 100 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.