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2024 data HMDA 2024 disclosure official source

Lamar County

1,166 mortgage applications, 15.9% denial rate. Verify FIPS 48277 with U.S. Census Bureau →

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Texas · FIPS 48277

Local mortgage market. Lamar County, Texas saw 1,166 HMDA-reported mortgage applications in 2024. Lenders originated 539 of those loans and denied 186, producing a denial rate of 15.9% and an approval (origination) rate of 46.2%. The average loan amount was $220,189 at an average note rate of 7.19%, with applicants self-reporting average annual income of $38K. 129 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.8x, meaning typical borrowers took on mortgages of about 5.8 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 48277 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,166
Applications
539
Originated
15.9%
Denial Rate
46.2%
Approval Rate
$220,189
Avg Loan Amount
7.19%
Avg Interest Rate
$38K
Avg Applicant Income
5.8x
Loan-to-Income Ratio

Nearby Lenders in Lamar 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 Guaranty Bank & Trust 60 11.1%
2 Farmers Bank & Trust 60 11.1%
3 Rocket Mortgage 38 7.1%
4 Guaranteed Rate, INC. 28 5.2%
5 United Wholesale Mortgage 26 4.8%
Compare Guaranty Bank & Trust vs Farmers Bank & Trust →

Frequently Asked Questions

How many mortgage applications were filed in Lamar County?
In the 2024 HMDA reporting year, 1,166 mortgage applications were filed in Lamar County, Texas. Of these, 539 were originated (approved and funded), while 186 were denied, resulting in a denial rate of 15.9%.
What is the mortgage denial rate in Lamar County?
The mortgage denial rate in Lamar County is 15.9%. The approval (origination) rate is 46.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Lamar County?
The average mortgage loan amount in Lamar County is $220,189. The average interest rate is 7.190%. The average applicant income is $38K.
What is the loan-to-income ratio in Lamar County?
The average loan-to-income ratio in Lamar County is 5.8x, meaning borrowers took on loans averaging 5.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Lamar County?
The top mortgage lenders in Lamar County by origination volume are Guaranty Bank & Trust, Farmers Bank & Trust, Rocket Mortgage. In total, 129 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.