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2024 data HMDA 2024 disclosure official source

Cooper County

653 mortgage applications, 10.6% denial rate. Verify FIPS 29053 with U.S. Census Bureau →

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Missouri · FIPS 29053

Local mortgage market. Cooper County, Missouri saw 653 HMDA-reported mortgage applications in 2024. Lenders originated 377 of those loans and denied 69, producing a denial rate of 10.6% and an approval (origination) rate of 57.7%. The average loan amount was $193,851 at an average note rate of 6.89%, with applicants self-reporting average annual income of $36K. 85 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 29053 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

653
Applications
377
Originated
10.6%
Denial Rate
57.7%
Approval Rate
$193,851
Avg Loan Amount
6.89%
Avg Interest Rate
$36K
Avg Applicant Income
5.4x
Loan-to-Income Ratio

Nearby Lenders in Cooper 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 The Central Trust Bank 50 13.3%
2 Flat Branch Mortgage, INC. 36 9.5%
3 Alliant Bank 32 8.5%
4 Rocket Mortgage 22 5.8%
5 BTC Bank 20 5.3%
Compare The Central Trust Bank vs Flat Branch Mortgage, INC. →

Frequently Asked Questions

How many mortgage applications were filed in Cooper County?
In the 2024 HMDA reporting year, 653 mortgage applications were filed in Cooper County, Missouri. Of these, 377 were originated (approved and funded), while 69 were denied, resulting in a denial rate of 10.6%.
What is the mortgage denial rate in Cooper County?
The mortgage denial rate in Cooper County is 10.6%. The approval (origination) rate is 57.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Cooper County?
The average mortgage loan amount in Cooper County is $193,851. The average interest rate is 6.889%. The average applicant income is $36K.
What is the loan-to-income ratio in Cooper County?
The average loan-to-income ratio in Cooper 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 Cooper County?
The top mortgage lenders in Cooper County by origination volume are The Central Trust Bank, Flat Branch Mortgage, INC., Alliant Bank. In total, 85 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.