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2024 data HMDA 2024 disclosure official source

Edmunds County

55 mortgage applications, 14.6% denial rate. Verify FIPS 46045 with U.S. Census Bureau →

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South Dakota · FIPS 46045

Local mortgage market. Edmunds County, South Dakota saw 55 HMDA-reported mortgage applications in 2024. Lenders originated 34 of those loans and denied 8, producing a denial rate of 14.6% and an approval (origination) rate of 61.8%. The average loan amount was $168,818 at an average note rate of 7.05%, with applicants self-reporting average annual income of $37K. 17 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.6x, meaning typical borrowers took on mortgages of about 4.6 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 46045 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

55
Applications
34
Originated
14.6%
Denial Rate
61.8%
Approval Rate
$168,818
Avg Loan Amount
7.05%
Avg Interest Rate
$37K
Avg Applicant Income
4.6x
Loan-to-Income Ratio

Nearby Lenders in Edmunds 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 Cortrust Bank NA 6 17.6%
2 Dacotah Bank 6 17.6%
3 American Bank & Trust 3 8.8%
4 Farm Credit Mid-America, Aca 2 5.9%
5 Us Bank, N.A. 2 5.9%
Compare Cortrust Bank NA vs Dacotah Bank →

Frequently Asked Questions

How many mortgage applications were filed in Edmunds County?
In the 2024 HMDA reporting year, 55 mortgage applications were filed in Edmunds County, South Dakota. Of these, 34 were originated (approved and funded), while 8 were denied, resulting in a denial rate of 14.6%.
What is the mortgage denial rate in Edmunds County?
The mortgage denial rate in Edmunds County is 14.6%. The approval (origination) rate is 61.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Edmunds County?
The average mortgage loan amount in Edmunds County is $168,818. The average interest rate is 7.049%. The average applicant income is $37K.
What is the loan-to-income ratio in Edmunds County?
The average loan-to-income ratio in Edmunds County is 4.6x, meaning borrowers took on loans averaging 4.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Edmunds County?
The top mortgage lenders in Edmunds County by origination volume are Cortrust Bank NA, Dacotah Bank, American Bank & Trust. In total, 17 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.