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2024 data HMDA 2024 disclosure official source

Allendale County

142 mortgage applications, 37.3% denial rate. Verify FIPS 45005 with U.S. Census Bureau →

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South Carolina · FIPS 45005

Local mortgage market. Allendale County, South Carolina saw 142 HMDA-reported mortgage applications in 2024. Lenders originated 53 of those loans and denied 53, producing a denial rate of 37.3% and an approval (origination) rate of 37.3%. The average loan amount was $107,887 at an average note rate of 7.07%, with applicants self-reporting average annual income of $37K. 26 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 2.9x, meaning typical borrowers took on mortgages of about 2.9 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 45005 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

142
Applications
53
Originated
37.3%
Denial Rate
37.3%
Approval Rate
$107,887
Avg Loan Amount
7.07%
Avg Interest Rate
$37K
Avg Applicant Income
2.9x
Loan-to-Income Ratio

Nearby Lenders in Allendale 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 Palmetto State Bank 10 18.9%
2 Rocket Mortgage 4 7.5%
3 Mortgage Research Center 3 5.7%
4 21st Mortgage 3 5.7%
5 United Wholesale Mortgage 3 5.7%
Compare Palmetto State Bank vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Allendale County?
In the 2024 HMDA reporting year, 142 mortgage applications were filed in Allendale County, South Carolina. Of these, 53 were originated (approved and funded), while 53 were denied, resulting in a denial rate of 37.3%.
What is the mortgage denial rate in Allendale County?
The mortgage denial rate in Allendale County is 37.3%. The approval (origination) rate is 37.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Allendale County?
The average mortgage loan amount in Allendale County is $107,887. The average interest rate is 7.073%. The average applicant income is $37K.
What is the loan-to-income ratio in Allendale County?
The average loan-to-income ratio in Allendale County is 2.9x, meaning borrowers took on loans averaging 2.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Allendale County?
The top mortgage lenders in Allendale County by origination volume are Palmetto State Bank, Rocket Mortgage, Mortgage Research Center. In total, 26 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.