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2024 data HMDA 2024 disclosure official source

Wharton County

908 mortgage applications, 26.5% denial rate. Verify FIPS 48481 with U.S. Census Bureau →

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Texas · FIPS 48481

Local mortgage market. Wharton County, Texas saw 908 HMDA-reported mortgage applications in 2024. Lenders originated 363 of those loans and denied 241, producing a denial rate of 26.5% and an approval (origination) rate of 40.0%. The average loan amount was $193,634 at an average note rate of 7.17%, with applicants self-reporting average annual income of $38K. 121 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.1x, meaning typical borrowers took on mortgages of about 5.1 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 48481 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

908
Applications
363
Originated
26.5%
Denial Rate
40.0%
Approval Rate
$193,634
Avg Loan Amount
7.17%
Avg Interest Rate
$38K
Avg Applicant Income
5.1x
Loan-to-Income Ratio

Nearby Lenders in Wharton 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 26 7.2%
2 Rocket Mortgage 20 5.5%
3 Southwest Funding, LP 17 4.7%
4 21st Mortgage 15 4.1%
5 TDECU 13 3.6%
Compare United Wholesale Mortgage vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Wharton County?
In the 2024 HMDA reporting year, 908 mortgage applications were filed in Wharton County, Texas. Of these, 363 were originated (approved and funded), while 241 were denied, resulting in a denial rate of 26.5%.
What is the mortgage denial rate in Wharton County?
The mortgage denial rate in Wharton County is 26.5%. The approval (origination) rate is 40.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Wharton County?
The average mortgage loan amount in Wharton County is $193,634. The average interest rate is 7.166%. The average applicant income is $38K.
What is the loan-to-income ratio in Wharton County?
The average loan-to-income ratio in Wharton County is 5.1x, meaning borrowers took on loans averaging 5.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Wharton County?
The top mortgage lenders in Wharton County by origination volume are United Wholesale Mortgage, Rocket Mortgage, Southwest Funding, LP. In total, 121 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.