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2024 data HMDA 2024 disclosure official source

Colfax County

221 mortgage applications, 14.9% denial rate. Verify FIPS 31037 with U.S. Census Bureau →

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Nebraska · FIPS 31037

Local mortgage market. Colfax County, Nebraska saw 221 HMDA-reported mortgage applications in 2024. Lenders originated 115 of those loans and denied 33, producing a denial rate of 14.9% and an approval (origination) rate of 52.0%. The average loan amount was $174,774 at an average note rate of 6.86%, with applicants self-reporting average annual income of $36K. 28 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.9x, meaning typical borrowers took on mortgages of about 4.9 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 31037 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

221
Applications
115
Originated
14.9%
Denial Rate
52.0%
Approval Rate
$174,774
Avg Loan Amount
6.86%
Avg Interest Rate
$36K
Avg Applicant Income
4.9x
Loan-to-Income Ratio

Nearby Lenders in Colfax 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 Pinnacle Bank 39 33.9%
2 West Gate Bank 22 19.1%
3 Charter West Bank 8 7.0%
4 Plains Commerce Bank 8 7.0%
5 First National Bank of Omaha 4 3.5%
Compare Pinnacle Bank vs West Gate Bank →

Frequently Asked Questions

How many mortgage applications were filed in Colfax County?
In the 2024 HMDA reporting year, 221 mortgage applications were filed in Colfax County, Nebraska. Of these, 115 were originated (approved and funded), while 33 were denied, resulting in a denial rate of 14.9%.
What is the mortgage denial rate in Colfax County?
The mortgage denial rate in Colfax County is 14.9%. The approval (origination) rate is 52.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Colfax County?
The average mortgage loan amount in Colfax County is $174,774. The average interest rate is 6.859%. The average applicant income is $36K.
What is the loan-to-income ratio in Colfax County?
The average loan-to-income ratio in Colfax County is 4.9x, meaning borrowers took on loans averaging 4.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Colfax County?
The top mortgage lenders in Colfax County by origination volume are Pinnacle Bank, West Gate Bank, Charter West Bank. In total, 28 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.