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2024 data HMDA 2024 disclosure official source

Fannin County

1,625 mortgage applications, 20.3% denial rate. Verify FIPS 48147 with U.S. Census Bureau →

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Texas · FIPS 48147

Local mortgage market. Fannin County, Texas saw 1,625 HMDA-reported mortgage applications in 2024. Lenders originated 730 of those loans and denied 330, producing a denial rate of 20.3% and an approval (origination) rate of 44.9%. The average loan amount was $228,526 at an average note rate of 7.18%, with applicants self-reporting average annual income of $38K. 163 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.0x, meaning typical borrowers took on mortgages of about 6.0 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 48147 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,625
Applications
730
Originated
20.3%
Denial Rate
44.9%
Approval Rate
$228,526
Avg Loan Amount
7.18%
Avg Interest Rate
$38K
Avg Applicant Income
6.0x
Loan-to-Income Ratio

Nearby Lenders in Fannin 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 Guild Mortgage Company 77 10.5%
2 First United Bank and Trust CO 52 7.1%
3 Rocket Mortgage 45 6.2%
4 United Wholesale Mortgage 34 4.7%
5 21st Mortgage 29 4.0%
Compare Guild Mortgage Company vs First United Bank and Trust CO →

Frequently Asked Questions

How many mortgage applications were filed in Fannin County?
In the 2024 HMDA reporting year, 1,625 mortgage applications were filed in Fannin County, Texas. Of these, 730 were originated (approved and funded), while 330 were denied, resulting in a denial rate of 20.3%.
What is the mortgage denial rate in Fannin County?
The mortgage denial rate in Fannin County is 20.3%. The approval (origination) rate is 44.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Fannin County?
The average mortgage loan amount in Fannin County is $228,526. The average interest rate is 7.178%. The average applicant income is $38K.
What is the loan-to-income ratio in Fannin County?
The average loan-to-income ratio in Fannin County is 6.0x, meaning borrowers took on loans averaging 6.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Fannin County?
The top mortgage lenders in Fannin County by origination volume are Guild Mortgage Company, First United Bank and Trust CO, Rocket Mortgage. In total, 163 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.