Hidalgo County
Texas · FIPS 48215
According to CFPB HMDA 2024 application volume among U.S. counties, Hidalgo County ranks #154 of 3,210, and #12 of 253 in Texas.
Mortgage lending activity in Hidalgo County, Texas based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Hidalgo County, Texas saw 18,367 HMDA-reported mortgage applications in 2024. Lenders originated 7,608 of those loans and denied 3,941, producing a denial rate of 21.5% and an approval (origination) rate of 41.4%. The average loan amount was $219,173 at an average note rate of 6.89%, with applicants self-reporting average annual income of $40K. 292 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Hidalgo County
In Hidalgo County, lead originator Cmg Mortgage INC funded only 7.7% of 7,608 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 18.1% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Hidalgo County's 18,367 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Hidalgo County's $219,173 average loan (deduped against volume peers).
Lenders active in Hidalgo County
Cmg Mortgage INC funded 585 of the 7,608 loans originated in Hidalgo County, 7.7% of the county. 292 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Cmg Mortgage INC | 585 | 7.7% |
| 2 | Crosscountry Mortgage, LLC | 409 | 5.4% |
| 3 | Rocket Mortgage | 382 | 5.0% |
| 4 | Rally Credit Union | 375 | 4.9% |
| 5 | United Wholesale Mortgage | 354 | 4.7% |
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; does not constitute financial advice for Hidalgo County borrowers.
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 Hidalgo County 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.