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2024 data HMDA 2024 disclosure official source

McLennan County

7,979 mortgage applications, 16.4% denial rate. Verify FIPS 48309 with U.S. Census Bureau →

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Texas · FIPS 48309

Local mortgage market. McLennan County, Texas saw 7,979 HMDA-reported mortgage applications in 2024. Lenders originated 3,987 of those loans and denied 1,309, producing a denial rate of 16.4% and an approval (origination) rate of 50.0%. The average loan amount was $255,865 at an average note rate of 6.83%, with applicants self-reporting average annual income of $39K. 315 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.6x, meaning typical borrowers took on mortgages of about 6.6 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 48309 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

7,979
Applications
3,987
Originated
16.4%
Denial Rate
50.0%
Approval Rate
$255,865
Avg Loan Amount
6.83%
Avg Interest Rate
$39K
Avg Applicant Income
6.6x
Loan-to-Income Ratio

Nearby Lenders in McLennan 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 SWBC Mortgage Corporation 266 6.7%
2 United Wholesale Mortgage 227 5.7%
3 Rocket Mortgage 207 5.2%
4 Fairway Independent Mort CORP 199 5.0%
5 DHI Mortgage Company, LTD. 171 4.3%
Compare SWBC Mortgage Corporation vs United Wholesale Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in McLennan County?
In the 2024 HMDA reporting year, 7,979 mortgage applications were filed in McLennan County, Texas. Of these, 3,987 were originated (approved and funded), while 1,309 were denied, resulting in a denial rate of 16.4%.
What is the mortgage denial rate in McLennan County?
The mortgage denial rate in McLennan County is 16.4%. The approval (origination) rate is 50.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in McLennan County?
The average mortgage loan amount in McLennan County is $255,865. The average interest rate is 6.829%. The average applicant income is $39K.
What is the loan-to-income ratio in McLennan County?
The average loan-to-income ratio in McLennan County is 6.6x, meaning borrowers took on loans averaging 6.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in McLennan County?
The top mortgage lenders in McLennan County by origination volume are SWBC Mortgage Corporation, United Wholesale Mortgage, Rocket Mortgage. In total, 315 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.