PlainLender
2024 data HMDA 2024 disclosure official source

Lowndes County

1,963 mortgage applications, 19.9% denial rate. Verify FIPS 28087 with U.S. Census Bureau →

PlainLender home → About this data

Mississippi · FIPS 28087

Local mortgage market. Lowndes County, Mississippi saw 1,963 HMDA-reported mortgage applications in 2024. Lenders originated 981 of those loans and denied 390, producing a denial rate of 19.9% and an approval (origination) rate of 50.0%. The average loan amount was $180,176 at an average note rate of 6.91%, with applicants self-reporting average annual income of $36K. 116 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.0x, meaning typical borrowers took on mortgages of about 5.0 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 28087 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,963
Applications
981
Originated
19.9%
Denial Rate
50.0%
Approval Rate
$180,176
Avg Loan Amount
6.91%
Avg Interest Rate
$36K
Avg Applicant Income
5.0x
Loan-to-Income Ratio

Nearby Lenders in Lowndes 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 BankFirst Financial Services 107 10.9%
2 Renasant Bank 103 10.5%
3 Cadence Bank 90 9.2%
4 Trustmark National Bank 89 9.1%
5 Rocket Mortgage 55 5.6%
Compare BankFirst Financial Services vs Renasant Bank →

Frequently Asked Questions

How many mortgage applications were filed in Lowndes County?
In the 2024 HMDA reporting year, 1,963 mortgage applications were filed in Lowndes County, Mississippi. Of these, 981 were originated (approved and funded), while 390 were denied, resulting in a denial rate of 19.9%.
What is the mortgage denial rate in Lowndes County?
The mortgage denial rate in Lowndes County is 19.9%. The approval (origination) rate is 50.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Lowndes County?
The average mortgage loan amount in Lowndes County is $180,176. The average interest rate is 6.905%. The average applicant income is $36K.
What is the loan-to-income ratio in Lowndes County?
The average loan-to-income ratio in Lowndes County is 5.0x, meaning borrowers took on loans averaging 5.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Lowndes County?
The top mortgage lenders in Lowndes County by origination volume are BankFirst Financial Services, Renasant Bank, Cadence Bank. In total, 116 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.