PlainLender
2024 data HMDA 2024 disclosure official source

Klamath County

2,581 mortgage applications, 16.8% denial rate. Verify FIPS 41035 with U.S. Census Bureau →

PlainLender home → About this data

Oregon · FIPS 41035

Local mortgage market. Klamath County, Oregon saw 2,581 HMDA-reported mortgage applications in 2024. Lenders originated 1,346 of those loans and denied 434, producing a denial rate of 16.8% and an approval (origination) rate of 52.2%. The average loan amount was $216,709 at an average note rate of 7.26%, with applicants self-reporting average annual income of $39K. 161 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.6x, meaning typical borrowers took on mortgages of about 5.6 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 41035 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,581
Applications
1,346
Originated
16.8%
Denial Rate
52.2%
Approval Rate
$216,709
Avg Loan Amount
7.26%
Avg Interest Rate
$39K
Avg Applicant Income
5.6x
Loan-to-Income Ratio

Nearby Lenders in Klamath 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 Summit Funding.Inc 149 11.1%
2 Rogue Credit Union 132 9.8%
3 Rocket Mortgage 103 7.7%
4 Newrez LLC 62 4.6%
5 Sierra Pacific Mortgage Co. Inc 55 4.1%
Compare Summit Funding.Inc vs Rogue Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Klamath County?
In the 2024 HMDA reporting year, 2,581 mortgage applications were filed in Klamath County, Oregon. Of these, 1,346 were originated (approved and funded), while 434 were denied, resulting in a denial rate of 16.8%.
What is the mortgage denial rate in Klamath County?
The mortgage denial rate in Klamath County is 16.8%. The approval (origination) rate is 52.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Klamath County?
The average mortgage loan amount in Klamath County is $216,709. The average interest rate is 7.258%. The average applicant income is $39K.
What is the loan-to-income ratio in Klamath County?
The average loan-to-income ratio in Klamath County is 5.6x, meaning borrowers took on loans averaging 5.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Klamath County?
The top mortgage lenders in Klamath County by origination volume are Summit Funding.Inc, Rogue Credit Union, Rocket Mortgage. In total, 161 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.