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2024 data HMDA 2024 disclosure official source

Coahoma County

348 mortgage applications, 36.8% denial rate. Verify FIPS 28027 with U.S. Census Bureau →

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Mississippi · FIPS 28027

Local mortgage market. Coahoma County, Mississippi saw 348 HMDA-reported mortgage applications in 2024. Lenders originated 98 of those loans and denied 128, producing a denial rate of 36.8% and an approval (origination) rate of 28.2%. The average loan amount was $115,603 at an average note rate of 7.22%, with applicants self-reporting average annual income of $39K. 42 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.0x, meaning typical borrowers took on mortgages of about 3.0 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 28027 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

348
Applications
98
Originated
36.8%
Denial Rate
28.2%
Approval Rate
$115,603
Avg Loan Amount
7.22%
Avg Interest Rate
$39K
Avg Applicant Income
3.0x
Loan-to-Income Ratio

Nearby Lenders in Coahoma 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 CB&S Bank 11 11.2%
2 Rocket Mortgage 9 9.2%
3 Regions Bank 6 6.1%
4 Red River Employees FCU 6 6.1%
5 Planters Bank and Trust Company 5 5.1%
Compare CB&S Bank vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Coahoma County?
In the 2024 HMDA reporting year, 348 mortgage applications were filed in Coahoma County, Mississippi. Of these, 98 were originated (approved and funded), while 128 were denied, resulting in a denial rate of 36.8%.
What is the mortgage denial rate in Coahoma County?
The mortgage denial rate in Coahoma County is 36.8%. The approval (origination) rate is 28.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Coahoma County?
The average mortgage loan amount in Coahoma County is $115,603. The average interest rate is 7.222%. The average applicant income is $39K.
What is the loan-to-income ratio in Coahoma County?
The average loan-to-income ratio in Coahoma County is 3.0x, meaning borrowers took on loans averaging 3.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Coahoma County?
The top mortgage lenders in Coahoma County by origination volume are CB&S Bank, Rocket Mortgage, Regions Bank. In total, 42 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.