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2024 data HMDA 2024 disclosure official source

Beltrami County

850 mortgage applications, 15.1% denial rate. Verify FIPS 27007 with U.S. Census Bureau →

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Minnesota · FIPS 27007

Local mortgage market. Beltrami County, Minnesota saw 850 HMDA-reported mortgage applications in 2024. Lenders originated 517 of those loans and denied 128, producing a denial rate of 15.1% and an approval (origination) rate of 60.8%. The average loan amount was $198,859 at an average note rate of 6.90%, with applicants self-reporting average annual income of $36K. 99 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.5x, meaning typical borrowers took on mortgages of about 5.5 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 27007 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

850
Applications
517
Originated
15.1%
Denial Rate
60.8%
Approval Rate
$198,859
Avg Loan Amount
6.90%
Avg Interest Rate
$36K
Avg Applicant Income
5.5x
Loan-to-Income Ratio

Nearby Lenders in Beltrami 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 Affinity Plus Federal Credit Union 134 25.9%
2 Deerwood Bank 52 10.1%
3 RiverWood Bank 32 6.2%
4 United Wholesale Mortgage 30 5.8%
5 Bank Forward 29 5.6%
Compare Affinity Plus Federal Credit Union vs Deerwood Bank →

Frequently Asked Questions

How many mortgage applications were filed in Beltrami County?
In the 2024 HMDA reporting year, 850 mortgage applications were filed in Beltrami County, Minnesota. Of these, 517 were originated (approved and funded), while 128 were denied, resulting in a denial rate of 15.1%.
What is the mortgage denial rate in Beltrami County?
The mortgage denial rate in Beltrami County is 15.1%. The approval (origination) rate is 60.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Beltrami County?
The average mortgage loan amount in Beltrami County is $198,859. The average interest rate is 6.900%. The average applicant income is $36K.
What is the loan-to-income ratio in Beltrami County?
The average loan-to-income ratio in Beltrami County is 5.5x, meaning borrowers took on loans averaging 5.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Beltrami County?
The top mortgage lenders in Beltrami County by origination volume are Affinity Plus Federal Credit Union, Deerwood Bank, RiverWood Bank. In total, 99 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.