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2024 data HMDA 2024 disclosure official source

Sibley County

454 mortgage applications, 10.3% denial rate. Verify FIPS 27143 with U.S. Census Bureau →

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Minnesota · FIPS 27143

Local mortgage market. Sibley County, Minnesota saw 454 HMDA-reported mortgage applications in 2024. Lenders originated 272 of those loans and denied 47, producing a denial rate of 10.3% and an approval (origination) rate of 59.9%. The average loan amount was $181,498 at an average note rate of 6.62%, with applicants self-reporting average annual income of $37K. 81 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.9x, meaning typical borrowers took on mortgages of about 4.9 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 27143 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

454
Applications
272
Originated
10.3%
Denial Rate
59.9%
Approval Rate
$181,498
Avg Loan Amount
6.62%
Avg Interest Rate
$37K
Avg Applicant Income
4.9x
Loan-to-Income Ratio

Nearby Lenders in Sibley 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 Rocket Mortgage 20 7.4%
2 New American Funding, LLC. 17 6.3%
3 Fairway Independent Mort CORP 14 5.1%
4 United Wholesale Mortgage 13 4.8%
5 Citizens Bank Minnesota 9 3.3%
Compare Rocket Mortgage vs New American Funding, LLC. →

Frequently Asked Questions

How many mortgage applications were filed in Sibley County?
In the 2024 HMDA reporting year, 454 mortgage applications were filed in Sibley County, Minnesota. Of these, 272 were originated (approved and funded), while 47 were denied, resulting in a denial rate of 10.3%.
What is the mortgage denial rate in Sibley County?
The mortgage denial rate in Sibley County is 10.3%. The approval (origination) rate is 59.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Sibley County?
The average mortgage loan amount in Sibley County is $181,498. The average interest rate is 6.624%. The average applicant income is $37K.
What is the loan-to-income ratio in Sibley County?
The average loan-to-income ratio in Sibley County is 4.9x, meaning borrowers took on loans averaging 4.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Sibley County?
The top mortgage lenders in Sibley County by origination volume are Rocket Mortgage, New American Funding, LLC., Fairway Independent Mort CORP. In total, 81 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.