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2024 data HMDA 2024 disclosure official source

Cooke County

1,638 mortgage applications, 14.8% denial rate. Verify FIPS 48097 with U.S. Census Bureau →

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Texas · FIPS 48097

Local mortgage market. Cooke County, Texas saw 1,638 HMDA-reported mortgage applications in 2024. Lenders originated 765 of those loans and denied 243, producing a denial rate of 14.8% and an approval (origination) rate of 46.7%. The average loan amount was $277,711 at an average note rate of 7.08%, with applicants self-reporting average annual income of $38K. 162 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.3x, meaning typical borrowers took on mortgages of about 7.3 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 48097 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,638
Applications
765
Originated
14.8%
Denial Rate
46.7%
Approval Rate
$277,711
Avg Loan Amount
7.08%
Avg Interest Rate
$38K
Avg Applicant Income
7.3x
Loan-to-Income Ratio

Nearby Lenders in Cooke 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 American National Bank & Trust 74 9.7%
2 First State Bank 69 9.0%
3 United Wholesale Mortgage 45 5.9%
4 Guild Mortgage Company 43 5.6%
5 First United Bank and Trust CO 40 5.2%
Compare American National Bank & Trust vs First State Bank →

Frequently Asked Questions

How many mortgage applications were filed in Cooke County?
In the 2024 HMDA reporting year, 1,638 mortgage applications were filed in Cooke County, Texas. Of these, 765 were originated (approved and funded), while 243 were denied, resulting in a denial rate of 14.8%.
What is the mortgage denial rate in Cooke County?
The mortgage denial rate in Cooke County is 14.8%. The approval (origination) rate is 46.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Cooke County?
The average mortgage loan amount in Cooke County is $277,711. The average interest rate is 7.075%. The average applicant income is $38K.
What is the loan-to-income ratio in Cooke County?
The average loan-to-income ratio in Cooke County is 7.3x, meaning borrowers took on loans averaging 7.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Cooke County?
The top mortgage lenders in Cooke County by origination volume are American National Bank & Trust, First State Bank, United Wholesale Mortgage. In total, 162 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.