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2024 data HMDA 2024 disclosure official source

Hancock County

2,257 mortgage applications, 21.4% denial rate. Verify FIPS 28045 with U.S. Census Bureau →

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Mississippi · FIPS 28045

Local mortgage market. Hancock County, Mississippi saw 2,257 HMDA-reported mortgage applications in 2024. Lenders originated 1,052 of those loans and denied 484, producing a denial rate of 21.4% and an approval (origination) rate of 46.6%. The average loan amount was $201,872 at an average note rate of 7.00%, with applicants self-reporting average annual income of $37K. 152 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.5x, meaning typical borrowers took on mortgages of about 5.5 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 28045 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,257
Applications
1,052
Originated
21.4%
Denial Rate
46.6%
Approval Rate
$201,872
Avg Loan Amount
7.00%
Avg Interest Rate
$37K
Avg Applicant Income
5.5x
Loan-to-Income Ratio

Nearby Lenders in Hancock 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 Keesler Federal Credit Union 114 10.8%
2 Rocket Mortgage 66 6.3%
3 Hancock Whitney Bank 59 5.6%
4 Gmfs, LLC 45 4.3%
5 Cmg Mortgage INC 43 4.1%
Compare Keesler Federal Credit Union vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Hancock County?
In the 2024 HMDA reporting year, 2,257 mortgage applications were filed in Hancock County, Mississippi. Of these, 1,052 were originated (approved and funded), while 484 were denied, resulting in a denial rate of 21.4%.
What is the mortgage denial rate in Hancock County?
The mortgage denial rate in Hancock County is 21.4%. The approval (origination) rate is 46.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Hancock County?
The average mortgage loan amount in Hancock County is $201,872. The average interest rate is 7.002%. The average applicant income is $37K.
What is the loan-to-income ratio in Hancock County?
The average loan-to-income ratio in Hancock County is 5.5x, meaning borrowers took on loans averaging 5.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Hancock County?
The top mortgage lenders in Hancock County by origination volume are Keesler Federal Credit Union, Rocket Mortgage, Hancock Whitney Bank. In total, 152 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.