Lac qui Parle County
Minnesota · FIPS 27073
According to CFPB HMDA 2024 application volume among U.S. counties, Lac qui Parle County ranks #2,771 of 3,223, and #81 of 87 in Minnesota.
Mortgage lending activity in Lac qui Parle County, Minnesota based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Lac qui Parle County, Minnesota lenders denied 25 of the applications reported here, financing the rest at an average note rate of 6.74%, with applicants self-reporting average annual income of $35K. 34 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 4.6x, meaning typical borrowers took on mortgages of about 4.6 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Lac qui Parle County
In Lac qui Parle County, lead originator Minnwest Bank funded 16.5% of 79 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 35.4% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Counties With Similar Application Volume
Nationwide counties nearest to Lac qui Parle County's 133 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Lac qui Parle County's $161,466 average loan (deduped against volume peers).
Lenders active in Lac qui Parle County
Minnwest Bank funded 13 of the 79 loans originated in Lac qui Parle County, 16.5% of the county. 34 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Minnwest Bank | 13 | 16.5% |
| 2 | Old National Bank | 9 | 11.4% |
| 3 | Rocket Mortgage | 6 | 7.6% |
| 4 | AgCountry Farm Credit Services, FLCA | 5 | 6.3% |
| 5 | United Wholesale Mortgage | 5 | 6.3% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Lac qui Parle County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Lac qui Parle County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.