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2024 data HMDA 2024 disclosure official source

Oktibbeha County

1,420 mortgage applications, 19.6% denial rate. Verify FIPS 28105 with U.S. Census Bureau →

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Mississippi · FIPS 28105

Local mortgage market. Oktibbeha County, Mississippi saw 1,420 HMDA-reported mortgage applications in 2024. Lenders originated 723 of those loans and denied 278, producing a denial rate of 19.6% and an approval (origination) rate of 50.9%. The average loan amount was $198,120 at an average note rate of 7.35%, with applicants self-reporting average annual income of $35K. 113 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.7x, meaning typical borrowers took on mortgages of about 5.7 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 28105 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,420
Applications
723
Originated
19.6%
Denial Rate
50.9%
Approval Rate
$198,120
Avg Loan Amount
7.35%
Avg Interest Rate
$35K
Avg Applicant Income
5.7x
Loan-to-Income Ratio

Nearby Lenders in Oktibbeha 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 Cadence Bank 132 18.3%
2 Renasant Bank 97 13.4%
3 BANKPLUS 45 6.2%
4 BankFirst Financial Services 43 5.9%
5 Rocket Mortgage 37 5.1%
Compare Cadence Bank vs Renasant Bank →

Frequently Asked Questions

How many mortgage applications were filed in Oktibbeha County?
In the 2024 HMDA reporting year, 1,420 mortgage applications were filed in Oktibbeha County, Mississippi. Of these, 723 were originated (approved and funded), while 278 were denied, resulting in a denial rate of 19.6%.
What is the mortgage denial rate in Oktibbeha County?
The mortgage denial rate in Oktibbeha County is 19.6%. The approval (origination) rate is 50.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Oktibbeha County?
The average mortgage loan amount in Oktibbeha County is $198,120. The average interest rate is 7.350%. The average applicant income is $35K.
What is the loan-to-income ratio in Oktibbeha County?
The average loan-to-income ratio in Oktibbeha County is 5.7x, meaning borrowers took on loans averaging 5.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Oktibbeha County?
The top mortgage lenders in Oktibbeha County by origination volume are Cadence Bank, Renasant Bank, BANKPLUS. In total, 113 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.