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2024 data HMDA 2024 disclosure official source

Mingo County

369 mortgage applications, 44.4% denial rate. Verify FIPS 54059 with U.S. Census Bureau →

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West Virginia · FIPS 54059

Local mortgage market. Mingo County, West Virginia saw 369 HMDA-reported mortgage applications in 2024. Lenders originated 101 of those loans and denied 164, producing a denial rate of 44.4% and an approval (origination) rate of 27.4%. The average loan amount was $99,201 at an average note rate of 7.66%, with applicants self-reporting average annual income of $34K. 24 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 2.9x, meaning typical borrowers took on mortgages of about 2.9 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 54059 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

369
Applications
101
Originated
44.4%
Denial Rate
27.4%
Approval Rate
$99,201
Avg Loan Amount
7.66%
Avg Interest Rate
$34K
Avg Applicant Income
2.9x
Loan-to-Income Ratio

Nearby Lenders in Mingo 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 Rocket Mortgage 20 19.8%
2 Community Trust Bank, Inc. 20 19.8%
3 Truist Bank 14 13.9%
4 Vanderbilt Mortgage and Finance, INC 13 12.9%
5 Loandepot.Com, LLC 4 4.0%
Compare Rocket Mortgage vs Community Trust Bank, Inc. →

Frequently Asked Questions

How many mortgage applications were filed in Mingo County?
In the 2024 HMDA reporting year, 369 mortgage applications were filed in Mingo County, West Virginia. Of these, 101 were originated (approved and funded), while 164 were denied, resulting in a denial rate of 44.4%.
What is the mortgage denial rate in Mingo County?
The mortgage denial rate in Mingo County is 44.4%. The approval (origination) rate is 27.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Mingo County?
The average mortgage loan amount in Mingo County is $99,201. The average interest rate is 7.662%. The average applicant income is $34K.
What is the loan-to-income ratio in Mingo County?
The average loan-to-income ratio in Mingo County is 2.9x, meaning borrowers took on loans averaging 2.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Mingo County?
The top mortgage lenders in Mingo County by origination volume are Rocket Mortgage, Community Trust Bank, Inc., Truist Bank. In total, 24 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.