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2024 data HMDA 2024 disclosure official source

Childress County

113 mortgage applications, 21.2% denial rate. Verify FIPS 48075 with U.S. Census Bureau →

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Texas · FIPS 48075

Local mortgage market. Childress County, Texas saw 113 HMDA-reported mortgage applications in 2024. Lenders originated 58 of those loans and denied 24, producing a denial rate of 21.2% and an approval (origination) rate of 51.3%. The average loan amount was $103,230 at an average note rate of 7.33%, with applicants self-reporting average annual income of $36K. 27 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 48075 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

113
Applications
58
Originated
21.2%
Denial Rate
51.3%
Approval Rate
$103,230
Avg Loan Amount
7.33%
Avg Interest Rate
$36K
Avg Applicant Income
2.9x
Loan-to-Income Ratio

Nearby Lenders in Childress 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 First United Bank 11 19.0%
2 The People'S Federal Credit Union 5 8.6%
3 Rocket Mortgage 5 8.6%
4 INTERBANK 5 8.6%
5 Cattlemens Bank 4 6.9%
Compare First United Bank vs The People'S Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Childress County?
In the 2024 HMDA reporting year, 113 mortgage applications were filed in Childress County, Texas. Of these, 58 were originated (approved and funded), while 24 were denied, resulting in a denial rate of 21.2%.
What is the mortgage denial rate in Childress County?
The mortgage denial rate in Childress County is 21.2%. The approval (origination) rate is 51.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Childress County?
The average mortgage loan amount in Childress County is $103,230. The average interest rate is 7.328%. The average applicant income is $36K.
What is the loan-to-income ratio in Childress County?
The average loan-to-income ratio in Childress 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 Childress County?
The top mortgage lenders in Childress County by origination volume are First United Bank, The People'S Federal Credit Union, Rocket Mortgage. In total, 27 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.