PlainLender
2024 data HMDA 2024 disclosure official source

Lamar County

2,761 mortgage applications, 17.4% denial rate. Verify FIPS 28073 with U.S. Census Bureau →

PlainLender home → About this data

Mississippi · FIPS 28073

Local mortgage market. Lamar County, Mississippi saw 2,761 HMDA-reported mortgage applications in 2024. Lenders originated 1,373 of those loans and denied 480, producing a denial rate of 17.4% and an approval (origination) rate of 49.7%. The average loan amount was $198,481 at an average note rate of 7.11%, with applicants self-reporting average annual income of $37K. 140 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.4x, meaning typical borrowers took on mortgages of about 5.4 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 28073 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,761
Applications
1,373
Originated
17.4%
Denial Rate
49.7%
Approval Rate
$198,481
Avg Loan Amount
7.11%
Avg Interest Rate
$37K
Avg Applicant Income
5.4x
Loan-to-Income Ratio

Nearby Lenders in Lamar 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 Trustmark National Bank 163 11.9%
2 Cadence Bank 68 5.0%
3 Community Bank of Mississippi 68 5.0%
4 Rocket Mortgage 66 4.8%
5 Regions Bank 55 4.0%
Compare Trustmark National Bank vs Cadence Bank →

Frequently Asked Questions

How many mortgage applications were filed in Lamar County?
In the 2024 HMDA reporting year, 2,761 mortgage applications were filed in Lamar County, Mississippi. Of these, 1,373 were originated (approved and funded), while 480 were denied, resulting in a denial rate of 17.4%.
What is the mortgage denial rate in Lamar County?
The mortgage denial rate in Lamar County is 17.4%. The approval (origination) rate is 49.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Lamar County?
The average mortgage loan amount in Lamar County is $198,481. The average interest rate is 7.105%. The average applicant income is $37K.
What is the loan-to-income ratio in Lamar County?
The average loan-to-income ratio in Lamar County is 5.4x, meaning borrowers took on loans averaging 5.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Lamar County?
The top mortgage lenders in Lamar County by origination volume are Trustmark National Bank, Cadence Bank, Community Bank of Mississippi. In total, 140 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.