PlainLender
2024 data HMDA 2024 disclosure official source

Le Sueur County

1,014 mortgage applications, 12.4% denial rate. Verify FIPS 27079 with U.S. Census Bureau →

PlainLender home → About this data

Minnesota · FIPS 27079

Local mortgage market. Le Sueur County, Minnesota saw 1,014 HMDA-reported mortgage applications in 2024. Lenders originated 641 of those loans and denied 126, producing a denial rate of 12.4% and an approval (origination) rate of 63.2%. The average loan amount was $206,765 at an average note rate of 6.95%, with applicants self-reporting average annual income of $38K. 117 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.4x, meaning typical borrowers took on mortgages of about 5.4 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 27079 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,014
Applications
641
Originated
12.4%
Denial Rate
63.2%
Approval Rate
$206,765
Avg Loan Amount
6.95%
Avg Interest Rate
$38K
Avg Applicant Income
5.4x
Loan-to-Income Ratio

Nearby Lenders in Le Sueur 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 44 6.9%
2 Frandsen Bank & Trust 36 5.6%
3 First National Bank of Le Center 31 4.8%
4 Affinity Plus Federal Credit Union 28 4.4%
5 First Bank & Trust 27 4.2%
Compare United Wholesale Mortgage vs Frandsen Bank & Trust →

Frequently Asked Questions

How many mortgage applications were filed in Le Sueur County?
In the 2024 HMDA reporting year, 1,014 mortgage applications were filed in Le Sueur County, Minnesota. Of these, 641 were originated (approved and funded), while 126 were denied, resulting in a denial rate of 12.4%.
What is the mortgage denial rate in Le Sueur County?
The mortgage denial rate in Le Sueur County is 12.4%. The approval (origination) rate is 63.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Le Sueur County?
The average mortgage loan amount in Le Sueur County is $206,765. The average interest rate is 6.954%. The average applicant income is $38K.
What is the loan-to-income ratio in Le Sueur County?
The average loan-to-income ratio in Le Sueur County is 5.4x, meaning borrowers took on loans averaging 5.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Le Sueur County?
The top mortgage lenders in Le Sueur County by origination volume are United Wholesale Mortgage, Frandsen Bank & Trust, First National Bank of Le Center. In total, 117 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.