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2024 data HMDA 2024 disclosure official source

Hood County

3,356 mortgage applications, 16.2% denial rate. Verify FIPS 48221 with U.S. Census Bureau →

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Texas · FIPS 48221

Local mortgage market. Hood County, Texas saw 3,356 HMDA-reported mortgage applications in 2024. Lenders originated 1,634 of those loans and denied 545, producing a denial rate of 16.2% and an approval (origination) rate of 48.7%. The average loan amount was $270,328 at an average note rate of 6.93%, with applicants self-reporting average annual income of $39K. 257 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.9x, meaning typical borrowers took on mortgages of about 6.9 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 48221 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

3,356
Applications
1,634
Originated
16.2%
Denial Rate
48.7%
Approval Rate
$270,328
Avg Loan Amount
6.93%
Avg Interest Rate
$39K
Avg Applicant Income
6.9x
Loan-to-Income Ratio

Nearby Lenders in Hood 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 104 6.4%
2 Rocket Mortgage 103 6.3%
3 First Financial Bank 84 5.1%
4 Guild Mortgage Company 72 4.4%
5 The First National Bank of Gra 70 4.3%
Compare United Wholesale Mortgage vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Hood County?
In the 2024 HMDA reporting year, 3,356 mortgage applications were filed in Hood County, Texas. Of these, 1,634 were originated (approved and funded), while 545 were denied, resulting in a denial rate of 16.2%.
What is the mortgage denial rate in Hood County?
The mortgage denial rate in Hood County is 16.2%. The approval (origination) rate is 48.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Hood County?
The average mortgage loan amount in Hood County is $270,328. The average interest rate is 6.933%. The average applicant income is $39K.
What is the loan-to-income ratio in Hood County?
The average loan-to-income ratio in Hood County is 6.9x, meaning borrowers took on loans averaging 6.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Hood County?
The top mortgage lenders in Hood County by origination volume are United Wholesale Mortgage, Rocket Mortgage, First Financial Bank. In total, 257 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.