PlainLender
2024 data HMDA 2024 disclosure official source

Macon County

1,550 mortgage applications, 17.8% denial rate. Verify FIPS 37113 with U.S. Census Bureau →

PlainLender home → About this data

North Carolina · FIPS 37113

Local mortgage market. Macon County, North Carolina saw 1,550 HMDA-reported mortgage applications in 2024. Lenders originated 830 of those loans and denied 276, producing a denial rate of 17.8% and an approval (origination) rate of 53.5%. The average loan amount was $272,316 at an average note rate of 7.11%, with applicants self-reporting average annual income of $38K. 158 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.2x, meaning typical borrowers took on mortgages of about 7.2 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 37113 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,550
Applications
830
Originated
17.8%
Denial Rate
53.5%
Approval Rate
$272,316
Avg Loan Amount
7.11%
Avg Interest Rate
$38K
Avg Applicant Income
7.2x
Loan-to-Income Ratio

Nearby Lenders in Macon 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 Union Home Mortgage Corp. 113 13.6%
2 State Employees' Credit Union 102 12.3%
3 Rocket Mortgage 63 7.6%
4 United Community Bank 45 5.4%
5 First Ciitizens Bank and Trust 41 4.9%
Compare Union Home Mortgage Corp. vs State Employees' Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Macon County?
In the 2024 HMDA reporting year, 1,550 mortgage applications were filed in Macon County, North Carolina. Of these, 830 were originated (approved and funded), while 276 were denied, resulting in a denial rate of 17.8%.
What is the mortgage denial rate in Macon County?
The mortgage denial rate in Macon County is 17.8%. The approval (origination) rate is 53.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Macon County?
The average mortgage loan amount in Macon County is $272,316. The average interest rate is 7.105%. The average applicant income is $38K.
What is the loan-to-income ratio in Macon County?
The average loan-to-income ratio in Macon County is 7.2x, meaning borrowers took on loans averaging 7.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Macon County?
The top mortgage lenders in Macon County by origination volume are Union Home Mortgage Corp., State Employees' Credit Union, Rocket Mortgage. In total, 158 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.