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2024 data HMDA 2024 disclosure official source

Dodge County

798 mortgage applications, 12.8% denial rate. Verify FIPS 27039 with U.S. Census Bureau →

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Minnesota · FIPS 27039

Local mortgage market. Dodge County, Minnesota saw 798 HMDA-reported mortgage applications in 2024. Lenders originated 512 of those loans and denied 102, producing a denial rate of 12.8% and an approval (origination) rate of 64.2%. The average loan amount was $190,038 at an average note rate of 6.93%, with applicants self-reporting average annual income of $37K. 87 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.1x, meaning typical borrowers took on mortgages of about 5.1 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 27039 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

798
Applications
512
Originated
12.8%
Denial Rate
64.2%
Approval Rate
$190,038
Avg Loan Amount
6.93%
Avg Interest Rate
$37K
Avg Applicant Income
5.1x
Loan-to-Income Ratio

Nearby Lenders in Dodge 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 40 7.8%
2 Bell Bank 39 7.6%
3 Think Mutual Bank 38 7.4%
4 Alerus Financial NA 30 5.9%
5 Mayo Employees Federal Credit Union 24 4.7%
Compare United Wholesale Mortgage vs Bell Bank →

Frequently Asked Questions

How many mortgage applications were filed in Dodge County?
In the 2024 HMDA reporting year, 798 mortgage applications were filed in Dodge County, Minnesota. Of these, 512 were originated (approved and funded), while 102 were denied, resulting in a denial rate of 12.8%.
What is the mortgage denial rate in Dodge County?
The mortgage denial rate in Dodge County is 12.8%. The approval (origination) rate is 64.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Dodge County?
The average mortgage loan amount in Dodge County is $190,038. The average interest rate is 6.933%. The average applicant income is $37K.
What is the loan-to-income ratio in Dodge County?
The average loan-to-income ratio in Dodge County is 5.1x, meaning borrowers took on loans averaging 5.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Dodge County?
The top mortgage lenders in Dodge County by origination volume are United Wholesale Mortgage, Bell Bank, Think Mutual Bank. In total, 87 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.