PlainLender
2024 data HMDA 2024 disclosure official source

Potter County

3,406 mortgage applications, 19.3% denial rate. Verify FIPS 48375 with U.S. Census Bureau →

PlainLender home → About this data

Texas · FIPS 48375

Local mortgage market. Potter County, Texas saw 3,406 HMDA-reported mortgage applications in 2024. Lenders originated 1,428 of those loans and denied 657, producing a denial rate of 19.3% and an approval (origination) rate of 41.9%. The average loan amount was $188,532 at an average note rate of 7.27%, with applicants self-reporting average annual income of $38K. 145 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.

FIPS 48375 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

3,406
Applications
1,428
Originated
19.3%
Denial Rate
41.9%
Approval Rate
$188,532
Avg Loan Amount
7.27%
Avg Interest Rate
$38K
Avg Applicant Income
5.0x
Loan-to-Income Ratio

Nearby Lenders in Potter 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 Amarillo National Bank 304 21.3%
2 FirstBank Southwest 84 5.9%
3 Right Start Mortgage, Inc 83 5.8%
4 Education Credit Union 67 4.7%
5 Associated Mortgage Corporation 55 3.9%
Compare Amarillo National Bank vs FirstBank Southwest →

Frequently Asked Questions

How many mortgage applications were filed in Potter County?
In the 2024 HMDA reporting year, 3,406 mortgage applications were filed in Potter County, Texas. Of these, 1,428 were originated (approved and funded), while 657 were denied, resulting in a denial rate of 19.3%.
What is the mortgage denial rate in Potter County?
The mortgage denial rate in Potter County is 19.3%. The approval (origination) rate is 41.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Potter County?
The average mortgage loan amount in Potter County is $188,532. The average interest rate is 7.269%. The average applicant income is $38K.
What is the loan-to-income ratio in Potter County?
The average loan-to-income ratio in Potter County is 5.0x, meaning borrowers took on loans averaging 5.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Potter County?
The top mortgage lenders in Potter County by origination volume are Amarillo National Bank, FirstBank Southwest, Right Start Mortgage, Inc. In total, 145 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.