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2024 data HMDA 2024 disclosure official source

Perry County

384 mortgage applications, 26.6% denial rate. Verify FIPS 28111 with U.S. Census Bureau →

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Mississippi · FIPS 28111

Local mortgage market. Perry County, Mississippi saw 384 HMDA-reported mortgage applications in 2024. Lenders originated 156 of those loans and denied 102, producing a denial rate of 26.6% and an approval (origination) rate of 40.6%. The average loan amount was $124,922 at an average note rate of 7.89%, with applicants self-reporting average annual income of $35K. 51 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.6x, meaning typical borrowers took on mortgages of about 3.6 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 28111 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

384
Applications
156
Originated
26.6%
Denial Rate
40.6%
Approval Rate
$124,922
Avg Loan Amount
7.89%
Avg Interest Rate
$35K
Avg Applicant Income
3.6x
Loan-to-Income Ratio

Nearby Lenders in Perry 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 20 12.8%
2 21st Mortgage 20 12.8%
3 Cadence Bank 12 7.7%
4 Triad Financial Services, INC. 12 7.7%
5 Community Bank of Mississippi 11 7.1%
Compare Trustmark National Bank vs 21st Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Perry County?
In the 2024 HMDA reporting year, 384 mortgage applications were filed in Perry County, Mississippi. Of these, 156 were originated (approved and funded), while 102 were denied, resulting in a denial rate of 26.6%.
What is the mortgage denial rate in Perry County?
The mortgage denial rate in Perry County is 26.6%. The approval (origination) rate is 40.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Perry County?
The average mortgage loan amount in Perry County is $124,922. The average interest rate is 7.886%. The average applicant income is $35K.
What is the loan-to-income ratio in Perry County?
The average loan-to-income ratio in Perry County is 3.6x, meaning borrowers took on loans averaging 3.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Perry County?
The top mortgage lenders in Perry County by origination volume are Trustmark National Bank, 21st Mortgage, Cadence Bank. In total, 51 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.