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2024 data HMDA 2024 disclosure official source

Freestone County

813 mortgage applications, 26.9% denial rate. Verify FIPS 48161 with U.S. Census Bureau →

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Texas · FIPS 48161

Local mortgage market. Freestone County, Texas saw 813 HMDA-reported mortgage applications in 2024. Lenders originated 280 of those loans and denied 219, producing a denial rate of 26.9% and an approval (origination) rate of 34.4%. The average loan amount was $175,098 at an average note rate of 7.76%, with applicants self-reporting average annual income of $37K. 93 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.7x, meaning typical borrowers took on mortgages of about 4.7 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 48161 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

813
Applications
280
Originated
26.9%
Denial Rate
34.4%
Approval Rate
$175,098
Avg Loan Amount
7.76%
Avg Interest Rate
$37K
Avg Applicant Income
4.7x
Loan-to-Income Ratio

Nearby Lenders in Freestone 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 21st Mortgage 32 11.4%
2 Rocket Mortgage 22 7.9%
3 Incommons Bank, N.A. 17 6.1%
4 LoanPeople, LLC 17 6.1%
5 Vanderbilt Mortgage and Finance, INC 15 5.4%
Compare 21st Mortgage vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Freestone County?
In the 2024 HMDA reporting year, 813 mortgage applications were filed in Freestone County, Texas. Of these, 280 were originated (approved and funded), while 219 were denied, resulting in a denial rate of 26.9%.
What is the mortgage denial rate in Freestone County?
The mortgage denial rate in Freestone County is 26.9%. The approval (origination) rate is 34.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Freestone County?
The average mortgage loan amount in Freestone County is $175,098. The average interest rate is 7.761%. The average applicant income is $37K.
What is the loan-to-income ratio in Freestone County?
The average loan-to-income ratio in Freestone County is 4.7x, meaning borrowers took on loans averaging 4.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Freestone County?
The top mortgage lenders in Freestone County by origination volume are 21st Mortgage, Rocket Mortgage, Incommons Bank, N.A.. In total, 93 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.