Matagorda County
Texas · FIPS 48321
According to CFPB HMDA 2024 application volume among U.S. counties, Matagorda County ranks #1,478 of 3,223, and #92 of 253 in Texas.
Mortgage lending activity in Matagorda 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. Matagorda County, Texas lenders denied 202 of the applications reported here, financing the rest at an average note rate of 6.94%, with applicants self-reporting average annual income of $38K. 108 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 5.0x, meaning typical borrowers took on mortgages of about 5.0 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 Matagorda County
In Matagorda County, lead originator Gateway First Bank funded 14.2% of 386 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 29.5% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Counties With Similar Application Volume
Nationwide counties nearest to Matagorda County's 952 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Matagorda County's $190,368 average loan (deduped against volume peers).
Lenders active in Matagorda County
Gateway First Bank funded 55 of the 386 loans originated in Matagorda County, 14.2% of the county. 108 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Gateway First Bank | 55 | 14.2% |
| 2 | Southwest Funding, LP | 35 | 9.1% |
| 3 | TDECU | 24 | 6.2% |
| 4 | Rocket Mortgage | 19 | 4.9% |
| 5 | Prosperity Bank | 18 | 4.7% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Matagorda County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Matagorda County borrowers. 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.