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2024 data HMDA 2024 disclosure official source

Willacy County

241 mortgage applications, 30.3% denial rate. Verify FIPS 48489 with U.S. Census Bureau →

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Texas · FIPS 48489

Local mortgage market. Willacy County, Texas saw 241 HMDA-reported mortgage applications in 2024. Lenders originated 83 of those loans and denied 73, producing a denial rate of 30.3% and an approval (origination) rate of 34.4%. The average loan amount was $159,232 at an average note rate of 7.23%, with applicants self-reporting average annual income of $40K. 40 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.0x, meaning typical borrowers took on mortgages of about 4.0 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 48489 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

241
Applications
83
Originated
30.3%
Denial Rate
34.4%
Approval Rate
$159,232
Avg Loan Amount
7.23%
Avg Interest Rate
$40K
Avg Applicant Income
4.0x
Loan-to-Income Ratio

Nearby Lenders in Willacy 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 21st Mortgage 10 12.0%
2 Fairway Independent Mort CORP 10 12.0%
3 Rocket Mortgage 5 6.0%
4 Highlands Residential Mortgage, Ltd. 5 6.0%
5 Rally Credit Union 5 6.0%
Compare 21st Mortgage vs Fairway Independent Mort CORP →

Frequently Asked Questions

How many mortgage applications were filed in Willacy County?
In the 2024 HMDA reporting year, 241 mortgage applications were filed in Willacy County, Texas. Of these, 83 were originated (approved and funded), while 73 were denied, resulting in a denial rate of 30.3%.
What is the mortgage denial rate in Willacy County?
The mortgage denial rate in Willacy County is 30.3%. The approval (origination) rate is 34.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Willacy County?
The average mortgage loan amount in Willacy County is $159,232. The average interest rate is 7.228%. The average applicant income is $40K.
What is the loan-to-income ratio in Willacy County?
The average loan-to-income ratio in Willacy County is 4.0x, meaning borrowers took on loans averaging 4.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Willacy County?
The top mortgage lenders in Willacy County by origination volume are 21st Mortgage, Fairway Independent Mort CORP, Rocket Mortgage. In total, 40 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.