PlainLender
2024 data HMDA 2024 disclosure official source

Erath County

1,147 mortgage applications, 15.9% denial rate. Verify FIPS 48143 with U.S. Census Bureau →

PlainLender home → About this data

Texas · FIPS 48143

Local mortgage market. Erath County, Texas saw 1,147 HMDA-reported mortgage applications in 2024. Lenders originated 582 of those loans and denied 182, producing a denial rate of 15.9% and an approval (origination) rate of 50.7%. The average loan amount was $311,173 at an average note rate of 7.22%, with applicants self-reporting average annual income of $37K. 133 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 8.4x, meaning typical borrowers took on mortgages of about 8.4 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 48143 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,147
Applications
582
Originated
15.9%
Denial Rate
50.7%
Approval Rate
$311,173
Avg Loan Amount
7.22%
Avg Interest Rate
$37K
Avg Applicant Income
8.4x
Loan-to-Income Ratio

Nearby Lenders in Erath 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 Financial Bank 92 15.8%
2 Rocket Mortgage 41 7.0%
3 Securitynational Mortgage Company 33 5.7%
4 Guild Mortgage Company 30 5.2%
5 TexasBank 29 5.0%
Compare First Financial Bank vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Erath County?
In the 2024 HMDA reporting year, 1,147 mortgage applications were filed in Erath County, Texas. Of these, 582 were originated (approved and funded), while 182 were denied, resulting in a denial rate of 15.9%.
What is the mortgage denial rate in Erath County?
The mortgage denial rate in Erath County is 15.9%. The approval (origination) rate is 50.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Erath County?
The average mortgage loan amount in Erath County is $311,173. The average interest rate is 7.222%. The average applicant income is $37K.
What is the loan-to-income ratio in Erath County?
The average loan-to-income ratio in Erath County is 8.4x, meaning borrowers took on loans averaging 8.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Erath County?
The top mortgage lenders in Erath County by origination volume are First Financial Bank, Rocket Mortgage, Securitynational Mortgage Company. In total, 133 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.