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2024 data HMDA 2024 disclosure official source

Galveston County

15,350 mortgage applications, 14.7% denial rate. Verify FIPS 48167 with U.S. Census Bureau →

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Texas · FIPS 48167

Local mortgage market. Galveston County, Texas saw 15,350 HMDA-reported mortgage applications in 2024. Lenders originated 7,493 of those loans and denied 2,251, producing a denial rate of 14.7% and an approval (origination) rate of 48.8%. The average loan amount was $298,812 at an average note rate of 6.67%, with applicants self-reporting average annual income of $39K. 441 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.7x, meaning typical borrowers took on mortgages of about 7.7 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 48167 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

15,350
Applications
7,493
Originated
14.7%
Denial Rate
48.8%
Approval Rate
$298,812
Avg Loan Amount
6.67%
Avg Interest Rate
$39K
Avg Applicant Income
7.7x
Loan-to-Income Ratio

Nearby Lenders in Galveston 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 United Wholesale Mortgage 450 6.0%
2 Lennar Mortgage, LLC 444 5.9%
3 Rocket Mortgage 410 5.5%
4 AMOCO Federal Credit Union 280 3.7%
5 Jsc FCU 265 3.5%
Compare United Wholesale Mortgage vs Lennar Mortgage, LLC →

Frequently Asked Questions

How many mortgage applications were filed in Galveston County?
In the 2024 HMDA reporting year, 15,350 mortgage applications were filed in Galveston County, Texas. Of these, 7,493 were originated (approved and funded), while 2,251 were denied, resulting in a denial rate of 14.7%.
What is the mortgage denial rate in Galveston County?
The mortgage denial rate in Galveston County is 14.7%. The approval (origination) rate is 48.8%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Galveston County?
The average mortgage loan amount in Galveston County is $298,812. The average interest rate is 6.670%. The average applicant income is $39K.
What is the loan-to-income ratio in Galveston County?
The average loan-to-income ratio in Galveston County is 7.7x, meaning borrowers took on loans averaging 7.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Galveston County?
The top mortgage lenders in Galveston County by origination volume are United Wholesale Mortgage, Lennar Mortgage, LLC, Rocket Mortgage. In total, 441 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.