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2024 data HMDA 2024 disclosure official source

Sequoyah County

1,414 mortgage applications, 15.3% denial rate. Verify FIPS 40135 with U.S. Census Bureau →

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Oklahoma · FIPS 40135

Local mortgage market. Sequoyah County, Oklahoma saw 1,414 HMDA-reported mortgage applications in 2024. Lenders originated 652 of those loans and denied 216, producing a denial rate of 15.3% and an approval (origination) rate of 46.1%. The average loan amount was $158,190 at an average note rate of 7.46%, with applicants self-reporting average annual income of $36K. 101 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 40135 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,414
Applications
652
Originated
15.3%
Denial Rate
46.1%
Approval Rate
$158,190
Avg Loan Amount
7.46%
Avg Interest Rate
$36K
Avg Applicant Income
4.4x
Loan-to-Income Ratio

Nearby Lenders in Sequoyah 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 Firstar Bank 166 25.5%
2 Armstrong Bank 75 11.5%
3 First National Bank of Fort Smith 56 8.6%
4 Arvest Bank 41 6.3%
5 Rocket Mortgage 34 5.2%
Compare Firstar Bank vs Armstrong Bank →

Frequently Asked Questions

How many mortgage applications were filed in Sequoyah County?
In the 2024 HMDA reporting year, 1,414 mortgage applications were filed in Sequoyah County, Oklahoma. Of these, 652 were originated (approved and funded), while 216 were denied, resulting in a denial rate of 15.3%.
What is the mortgage denial rate in Sequoyah County?
The mortgage denial rate in Sequoyah County is 15.3%. The approval (origination) rate is 46.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Sequoyah County?
The average mortgage loan amount in Sequoyah County is $158,190. The average interest rate is 7.464%. The average applicant income is $36K.
What is the loan-to-income ratio in Sequoyah County?
The average loan-to-income ratio in Sequoyah 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 Sequoyah County?
The top mortgage lenders in Sequoyah County by origination volume are Firstar Bank, Armstrong Bank, First National Bank of Fort Smith. In total, 101 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.