PlainLender
2024 data HMDA 2024 disclosure official source

Lafayette County

1,331 mortgage applications, 10.7% denial rate. Verify FIPS 29107 with U.S. Census Bureau →

PlainLender home → About this data

Missouri · FIPS 29107

Local mortgage market. Lafayette County, Missouri saw 1,331 HMDA-reported mortgage applications in 2024. Lenders originated 798 of those loans and denied 142, producing a denial rate of 10.7% and an approval (origination) rate of 60.0%. The average loan amount was $190,019 at an average note rate of 6.85%, with applicants self-reporting average annual income of $36K. 121 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.3x, meaning typical borrowers took on mortgages of about 5.3 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 29107 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,331
Applications
798
Originated
10.7%
Denial Rate
60.0%
Approval Rate
$190,019
Avg Loan Amount
6.85%
Avg Interest Rate
$36K
Avg Applicant Income
5.3x
Loan-to-Income Ratio

Nearby Lenders in Lafayette 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 Bank of Odessa 87 10.9%
2 Flat Branch Mortgage, INC. 54 6.8%
3 The Central Trust Bank 50 6.3%
4 Fairway Independent Mort CORP 47 5.9%
5 Communityamerica Credit Union 46 5.8%
Compare Bank of Odessa vs Flat Branch Mortgage, INC. →

Frequently Asked Questions

How many mortgage applications were filed in Lafayette County?
In the 2024 HMDA reporting year, 1,331 mortgage applications were filed in Lafayette County, Missouri. Of these, 798 were originated (approved and funded), while 142 were denied, resulting in a denial rate of 10.7%.
What is the mortgage denial rate in Lafayette County?
The mortgage denial rate in Lafayette County is 10.7%. The approval (origination) rate is 60.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Lafayette County?
The average mortgage loan amount in Lafayette County is $190,019. The average interest rate is 6.854%. The average applicant income is $36K.
What is the loan-to-income ratio in Lafayette County?
The average loan-to-income ratio in Lafayette County is 5.3x, meaning borrowers took on loans averaging 5.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Lafayette County?
The top mortgage lenders in Lafayette County by origination volume are Bank of Odessa, Flat Branch Mortgage, INC., The Central Trust Bank. In total, 121 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.