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2024 data HMDA 2024 disclosure official source

Crow Wing County

2,563 mortgage applications, 11.3% denial rate. Verify FIPS 27035 with U.S. Census Bureau →

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Minnesota · FIPS 27035

Local mortgage market. Crow Wing County, Minnesota saw 2,563 HMDA-reported mortgage applications in 2024. Lenders originated 1,632 of those loans and denied 289, producing a denial rate of 11.3% and an approval (origination) rate of 63.7%. The average loan amount was $248,804 at an average note rate of 7.06%, with applicants self-reporting average annual income of $37K. 203 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.7x, meaning typical borrowers took on mortgages of about 6.7 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 27035 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,563
Applications
1,632
Originated
11.3%
Denial Rate
63.7%
Approval Rate
$248,804
Avg Loan Amount
7.06%
Avg Interest Rate
$37K
Avg Applicant Income
6.7x
Loan-to-Income Ratio

Nearby Lenders in Crow Wing 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 Deerwood Bank 132 8.1%
2 Affinity Plus Federal Credit Union 86 5.3%
3 Rocket Mortgage 82 5.0%
4 First Western Bank & Trust 64 3.9%
5 RiverWood Bank 62 3.8%
Compare Deerwood Bank vs Affinity Plus Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Crow Wing County?
In the 2024 HMDA reporting year, 2,563 mortgage applications were filed in Crow Wing County, Minnesota. Of these, 1,632 were originated (approved and funded), while 289 were denied, resulting in a denial rate of 11.3%.
What is the mortgage denial rate in Crow Wing County?
The mortgage denial rate in Crow Wing County is 11.3%. The approval (origination) rate is 63.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Crow Wing County?
The average mortgage loan amount in Crow Wing County is $248,804. The average interest rate is 7.057%. The average applicant income is $37K.
What is the loan-to-income ratio in Crow Wing County?
The average loan-to-income ratio in Crow Wing County is 6.7x, meaning borrowers took on loans averaging 6.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Crow Wing County?
The top mortgage lenders in Crow Wing County by origination volume are Deerwood Bank, Affinity Plus Federal Credit Union, Rocket Mortgage. In total, 203 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.