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2024 data HMDA 2024 disclosure official source

McClain County

2,490 mortgage applications, 14.7% denial rate. Verify FIPS 40087 with U.S. Census Bureau →

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Oklahoma · FIPS 40087

Local mortgage market. McClain County, Oklahoma saw 2,490 HMDA-reported mortgage applications in 2024. Lenders originated 1,217 of those loans and denied 365, producing a denial rate of 14.7% and an approval (origination) rate of 48.9%. The average loan amount was $234,273 at an average note rate of 7.14%, with applicants self-reporting average annual income of $37K. 180 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.3x, meaning typical borrowers took on mortgages of about 6.3 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 40087 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,490
Applications
1,217
Originated
14.7%
Denial Rate
48.9%
Approval Rate
$234,273
Avg Loan Amount
7.14%
Avg Interest Rate
$37K
Avg Applicant Income
6.3x
Loan-to-Income Ratio

Nearby Lenders in McClain 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 First United Bank and Trust CO 149 12.2%
2 Rocket Mortgage 51 4.2%
3 Great Plains National Bank 44 3.6%
4 Tinker Federal Credit Union 40 3.3%
5 Gateway First Bank 34 2.8%
Compare First United Bank and Trust CO vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in McClain County?
In the 2024 HMDA reporting year, 2,490 mortgage applications were filed in McClain County, Oklahoma. Of these, 1,217 were originated (approved and funded), while 365 were denied, resulting in a denial rate of 14.7%.
What is the mortgage denial rate in McClain County?
The mortgage denial rate in McClain County is 14.7%. The approval (origination) rate is 48.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in McClain County?
The average mortgage loan amount in McClain County is $234,273. The average interest rate is 7.136%. The average applicant income is $37K.
What is the loan-to-income ratio in McClain County?
The average loan-to-income ratio in McClain County is 6.3x, meaning borrowers took on loans averaging 6.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in McClain County?
The top mortgage lenders in McClain County by origination volume are First United Bank and Trust CO, Rocket Mortgage, Great Plains National Bank. In total, 180 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.