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2024 data HMDA 2024 disclosure official source

Gaines County

981 mortgage applications, 24.8% denial rate. Verify FIPS 48165 with U.S. Census Bureau →

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Texas · FIPS 48165

Local mortgage market. Gaines County, Texas saw 981 HMDA-reported mortgage applications in 2024. Lenders originated 372 of those loans and denied 243, producing a denial rate of 24.8% and an approval (origination) rate of 37.9%. The average loan amount was $210,708 at an average note rate of 7.31%, with applicants self-reporting average annual income of $38K. 72 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.5x, meaning typical borrowers took on mortgages of about 5.5 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 48165 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

981
Applications
372
Originated
24.8%
Denial Rate
37.9%
Approval Rate
$210,708
Avg Loan Amount
7.31%
Avg Interest Rate
$38K
Avg Applicant Income
5.5x
Loan-to-Income Ratio

Nearby Lenders in Gaines 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 57 15.3%
2 Ark-La-Tex Financial Services LLC 56 15.1%
3 First United Bank 30 8.1%
4 PRIMELENDING 25 6.7%
5 Rocket Mortgage 17 4.6%
Compare 21st Mortgage vs Ark-La-Tex Financial Services LLC →

Frequently Asked Questions

How many mortgage applications were filed in Gaines County?
In the 2024 HMDA reporting year, 981 mortgage applications were filed in Gaines County, Texas. Of these, 372 were originated (approved and funded), while 243 were denied, resulting in a denial rate of 24.8%.
What is the mortgage denial rate in Gaines County?
The mortgage denial rate in Gaines County is 24.8%. The approval (origination) rate is 37.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Gaines County?
The average mortgage loan amount in Gaines County is $210,708. The average interest rate is 7.314%. The average applicant income is $38K.
What is the loan-to-income ratio in Gaines County?
The average loan-to-income ratio in Gaines County is 5.5x, meaning borrowers took on loans averaging 5.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Gaines County?
The top mortgage lenders in Gaines County by origination volume are 21st Mortgage, Ark-La-Tex Financial Services LLC, First United Bank. In total, 72 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.