Mower County
Minnesota · FIPS 27099
According to CFPB HMDA 2024 application volume among U.S. counties, Mower County ranks #1,258 of 3,210, and #26 of 87 in Minnesota.
Mortgage lending activity in Mower 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. Mower County, Minnesota saw 1,222 HMDA-reported mortgage applications in 2024. Lenders originated 692 of those loans and denied 160, producing a denial rate of 13.1% and an approval (origination) rate of 56.6%. The average loan amount was $154,124 at an average note rate of 6.74%, with applicants self-reporting average annual income of $37K. 102 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 4.2x, meaning typical borrowers took on mortgages of about 4.2 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 Mower County
In Mower County, lead originator Fairway Independent Mort CORP funded 20.7% of 692 originated loans, above the county fleet's upper tercile (~16.7% top-1). The top three reporters together hold 34.5% of the book, so a handful of names dominate disclosed volume here.
Counties With Similar Application Volume
Nationwide counties nearest to Mower County's 1,222 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Mower County's $154,124 average loan (deduped against volume peers).
Lenders active in Mower County
Fairway Independent Mort CORP funded 143 of the 692 loans originated in Mower County, 20.7% of the county. 102 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Fairway Independent Mort CORP | 143 | 20.7% |
| 2 | Alerus Financial NA | 61 | 8.8% |
| 3 | Bell Bank | 35 | 5.1% |
| 4 | Rocket Mortgage | 30 | 4.3% |
| 5 | Land Home Financial Services, | 28 | 4.0% |
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; does not constitute financial advice for Mower County borrowers.
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 Mower County 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. 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.