New Madrid County
Missouri · FIPS 29143
According to CFPB HMDA 2024 application volume among U.S. counties, New Madrid County ranks #2,250 of 3,223, and #74 of 115 in Missouri.
Mortgage lending activity in New Madrid County, Missouri based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. New Madrid County, Missouri lenders denied 66 of the applications reported here, financing the rest at an average note rate of 7.14%, with applicants self-reporting average annual income of $35K. 46 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 3.5x, meaning typical borrowers took on mortgages of about 3.5 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in New Madrid County
In New Madrid County, lead originator Flat Branch Mortgage, INC. funded only 10.4% of 173 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 27.2% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to New Madrid County's 361 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to New Madrid County's $122,978 average loan (deduped against volume peers).
Lenders active in New Madrid County
Flat Branch Mortgage, INC. funded 18 of the 173 loans originated in New Madrid County, 10.4% of the county. 46 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Flat Branch Mortgage, INC. | 18 | 10.4% |
| 2 | First State Community Bank | 15 | 8.7% |
| 3 | Southern Bank | 14 | 8.1% |
| 4 | Regions Bank | 13 | 7.5% |
| 5 | Flanagan State Bank | 11 | 6.4% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For New Madrid County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for New Madrid County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.