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2024 data HMDA 2024 disclosure official source

Iron County

3,200 mortgage applications, 14.8% denial rate. Verify FIPS 49021 with U.S. Census Bureau →

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Utah · FIPS 49021

Local mortgage market. Iron County, Utah saw 3,200 HMDA-reported mortgage applications in 2024. Lenders originated 1,794 of those loans and denied 474, producing a denial rate of 14.8% and an approval (origination) rate of 56.1%. The average loan amount was $279,894 at an average note rate of 7.17%, with applicants self-reporting average annual income of $38K. 161 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.4x, meaning typical borrowers took on mortgages of about 7.4 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 49021 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

3,200
Applications
1,794
Originated
14.8%
Denial Rate
56.1%
Approval Rate
$279,894
Avg Loan Amount
7.17%
Avg Interest Rate
$38K
Avg Applicant Income
7.4x
Loan-to-Income Ratio

Nearby Lenders in Iron 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 Mountain America Federal Credit Union 266 14.8%
2 State Bank of Southern Utah 208 11.6%
3 United Wholesale Mortgage 177 9.9%
4 Guild Mortgage Company 129 7.2%
5 America First Federal Credit Union 86 4.8%
Compare Mountain America Federal Credit Union vs State Bank of Southern Utah →

Frequently Asked Questions

How many mortgage applications were filed in Iron County?
In the 2024 HMDA reporting year, 3,200 mortgage applications were filed in Iron County, Utah. Of these, 1,794 were originated (approved and funded), while 474 were denied, resulting in a denial rate of 14.8%.
What is the mortgage denial rate in Iron County?
The mortgage denial rate in Iron County is 14.8%. The approval (origination) rate is 56.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Iron County?
The average mortgage loan amount in Iron County is $279,894. The average interest rate is 7.171%. The average applicant income is $38K.
What is the loan-to-income ratio in Iron County?
The average loan-to-income ratio in Iron County is 7.4x, meaning borrowers took on loans averaging 7.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Iron County?
The top mortgage lenders in Iron County by origination volume are Mountain America Federal Credit Union, State Bank of Southern Utah, United Wholesale Mortgage. In total, 161 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.