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2024 data HMDA 2024 disclosure official source

Garfield County

1,778 mortgage applications, 12.7% denial rate. Verify FIPS 40047 with U.S. Census Bureau →

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Oklahoma · FIPS 40047

Local mortgage market. Garfield County, Oklahoma saw 1,778 HMDA-reported mortgage applications in 2024. Lenders originated 951 of those loans and denied 226, producing a denial rate of 12.7% and an approval (origination) rate of 53.5%. The average loan amount was $158,459 at an average note rate of 6.86%, with applicants self-reporting average annual income of $36K. 106 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.4x, meaning typical borrowers took on mortgages of about 4.4 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 40047 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,778
Applications
951
Originated
12.7%
Denial Rate
53.5%
Approval Rate
$158,459
Avg Loan Amount
6.86%
Avg Interest Rate
$36K
Avg Applicant Income
4.4x
Loan-to-Income Ratio

Nearby Lenders in Garfield 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 Gateway First Bank 116 12.2%
2 Great Plains National Bank 69 7.3%
3 PRIMELENDING 68 7.2%
4 Bokf NA 65 6.8%
5 Security National Bank 61 6.4%
Compare Gateway First Bank vs Great Plains National Bank →

Frequently Asked Questions

How many mortgage applications were filed in Garfield County?
In the 2024 HMDA reporting year, 1,778 mortgage applications were filed in Garfield County, Oklahoma. Of these, 951 were originated (approved and funded), while 226 were denied, resulting in a denial rate of 12.7%.
What is the mortgage denial rate in Garfield County?
The mortgage denial rate in Garfield County is 12.7%. The approval (origination) rate is 53.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Garfield County?
The average mortgage loan amount in Garfield County is $158,459. The average interest rate is 6.860%. The average applicant income is $36K.
What is the loan-to-income ratio in Garfield County?
The average loan-to-income ratio in Garfield County is 4.4x, meaning borrowers took on loans averaging 4.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Garfield County?
The top mortgage lenders in Garfield County by origination volume are Gateway First Bank, Great Plains National Bank, PRIMELENDING. In total, 106 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.