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2024 data HMDA 2024 disclosure official source

Colleton County

1,741 mortgage applications, 30.2% denial rate. Verify FIPS 45029 with U.S. Census Bureau →

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South Carolina · FIPS 45029

Local mortgage market. Colleton County, South Carolina saw 1,741 HMDA-reported mortgage applications in 2024. Lenders originated 641 of those loans and denied 525, producing a denial rate of 30.2% and an approval (origination) rate of 36.8%. The average loan amount was $202,306 at an average note rate of 7.25%, with applicants self-reporting average annual income of $39K. 143 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.2x, meaning typical borrowers took on mortgages of about 5.2 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 45029 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,741
Applications
641
Originated
30.2%
Denial Rate
36.8%
Approval Rate
$202,306
Avg Loan Amount
7.25%
Avg Interest Rate
$39K
Avg Applicant Income
5.2x
Loan-to-Income Ratio

Nearby Lenders in Colleton 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 Enterprise Bank of Sc 50 7.8%
2 Rocket Mortgage 42 6.6%
3 Bank of the Lowcountry 33 5.1%
4 United Wholesale Mortgage 31 4.8%
5 Vanderbilt Mortgage and Finance, INC 27 4.2%
Compare Enterprise Bank of Sc vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Colleton County?
In the 2024 HMDA reporting year, 1,741 mortgage applications were filed in Colleton County, South Carolina. Of these, 641 were originated (approved and funded), while 525 were denied, resulting in a denial rate of 30.2%.
What is the mortgage denial rate in Colleton County?
The mortgage denial rate in Colleton County is 30.2%. The approval (origination) rate is 36.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Colleton County?
The average mortgage loan amount in Colleton County is $202,306. The average interest rate is 7.251%. The average applicant income is $39K.
What is the loan-to-income ratio in Colleton County?
The average loan-to-income ratio in Colleton County is 5.2x, meaning borrowers took on loans averaging 5.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Colleton County?
The top mortgage lenders in Colleton County by origination volume are Enterprise Bank of Sc, Rocket Mortgage, Bank of the Lowcountry. In total, 143 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.