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2024 data HMDA 2024 disclosure official source

Holmes County

312 mortgage applications, 34.0% denial rate. Verify FIPS 28051 with U.S. Census Bureau →

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Mississippi · FIPS 28051

Local mortgage market. Holmes County, Mississippi saw 312 HMDA-reported mortgage applications in 2024. Lenders originated 100 of those loans and denied 106, producing a denial rate of 34.0% and an approval (origination) rate of 32.1%. The average loan amount was $96,603 at an average note rate of 8.23%, with applicants self-reporting average annual income of $38K. 30 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 2.5x, meaning typical borrowers took on mortgages of about 2.5 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 28051 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

312
Applications
100
Originated
34.0%
Denial Rate
32.1%
Approval Rate
$96,603
Avg Loan Amount
8.23%
Avg Interest Rate
$38K
Avg Applicant Income
2.5x
Loan-to-Income Ratio

Nearby Lenders in Holmes 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 Holmes County Bank 21 21.0%
2 BANKPLUS 16 16.0%
3 21st Mortgage 14 14.0%
4 Rocket Mortgage 6 6.0%
5 Trustmark National Bank 4 4.0%
Compare Holmes County Bank vs BANKPLUS →

Frequently Asked Questions

How many mortgage applications were filed in Holmes County?
In the 2024 HMDA reporting year, 312 mortgage applications were filed in Holmes County, Mississippi. Of these, 100 were originated (approved and funded), while 106 were denied, resulting in a denial rate of 34.0%.
What is the mortgage denial rate in Holmes County?
The mortgage denial rate in Holmes County is 34.0%. The approval (origination) rate is 32.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Holmes County?
The average mortgage loan amount in Holmes County is $96,603. The average interest rate is 8.230%. The average applicant income is $38K.
What is the loan-to-income ratio in Holmes County?
The average loan-to-income ratio in Holmes County is 2.5x, meaning borrowers took on loans averaging 2.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Holmes County?
The top mortgage lenders in Holmes County by origination volume are Holmes County Bank, BANKPLUS, 21st Mortgage. In total, 30 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.