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2024 data HMDA 2024 disclosure official source

Yellow Medicine County

169 mortgage applications, 14.8% denial rate. Verify FIPS 27173 with U.S. Census Bureau →

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Minnesota · FIPS 27173

Local mortgage market. Yellow Medicine County, Minnesota saw 169 HMDA-reported mortgage applications in 2024. Lenders originated 91 of those loans and denied 25, producing a denial rate of 14.8% and an approval (origination) rate of 53.8%. The average loan amount was $147,899 at an average note rate of 6.64%, with applicants self-reporting average annual income of $36K. 34 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.1x, meaning typical borrowers took on mortgages of about 4.1 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 27173 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

169
Applications
91
Originated
14.8%
Denial Rate
53.8%
Approval Rate
$147,899
Avg Loan Amount
6.64%
Avg Interest Rate
$36K
Avg Applicant Income
4.1x
Loan-to-Income Ratio

Nearby Lenders in Yellow Medicine 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 Flagstar Bank NA 10 11.0%
2 Homeowners Financial Group, LLC 10 11.0%
3 Minnwest Bank 6 6.6%
4 Us Bank, N.A. 4 4.4%
5 Bremer Bank NA 4 4.4%
Compare Flagstar Bank NA vs Homeowners Financial Group, LLC →

Frequently Asked Questions

How many mortgage applications were filed in Yellow Medicine County?
In the 2024 HMDA reporting year, 169 mortgage applications were filed in Yellow Medicine County, Minnesota. Of these, 91 were originated (approved and funded), while 25 were denied, resulting in a denial rate of 14.8%.
What is the mortgage denial rate in Yellow Medicine County?
The mortgage denial rate in Yellow Medicine County is 14.8%. The approval (origination) rate is 53.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Yellow Medicine County?
The average mortgage loan amount in Yellow Medicine County is $147,899. The average interest rate is 6.640%. The average applicant income is $36K.
What is the loan-to-income ratio in Yellow Medicine County?
The average loan-to-income ratio in Yellow Medicine County is 4.1x, meaning borrowers took on loans averaging 4.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Yellow Medicine County?
The top mortgage lenders in Yellow Medicine County by origination volume are Flagstar Bank NA, Homeowners Financial Group, LLC, Minnwest Bank. In total, 34 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.