Lubbock
Metropolitan Statistical Area · MSA Code 31180
Mortgage lending activity in the Lubbock metro area based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this geography during 2024.
Metro-area mortgage activity. The Lubbock Metropolitan Statistical Area (MSA code 31180) recorded 13,385 HMDA-reported mortgage applications in 2024. Lenders originated 6,246 of those and denied others at a rate of 14.1%, for an approval (origination) rate of 46.7%. The average loan amount across the MSA was $223,461 at an average note rate of 6.88%. 20 major lenders are tracked for this metro — Alliance Credit Union, TEXAS TECH FEDERAL CREDIT UNION, T2 FINANCIAL LLC lead by origination volume.
What MSA numbers tell you — and what they don't. Metro area boundaries are defined by the U.S. Office of Management and Budget and typically span multiple counties, so a single Lubbock denial rate averages across urban core, inner suburbs, and outer commuter communities with very different borrower profiles. Metro denial rates are shaped primarily by applicant mix — credit profile, loan-to-value, debt-to-income, property type — not by a single "local market" stance. A $14.1% denial rate at the MSA level can coexist with widely varying individual-lender denial rates; $223,461 average loan size reflects the MSA's property values and the borrower pool that actually applied, not any single neighborhood.
How to use this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau — federal transparency data, not a real-time mortgage rate quote. A metro-level number is useful context but says nothing about what any particular lender will offer a specific borrower; rates, fees, and underwriting vary by lender, product, and file. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates carefully, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset.
Nearby Lenders in Lubbock
HMDA-reporting mortgage lenders ranked by loan originations in the Lubbock metro area (2024). Compare any two side-by-side.
| # | Lender | Originated | Applications | Avg Loan | Market Share |
|---|---|---|---|---|---|
| 1 | Alliance Credit Union | 671 | 909 | $206,672 | 10.7% |
| 2 | TEXAS TECH FEDERAL CREDIT UNION | 611 | 725 | $241,883 | 9.8% |
| 3 | T2 FINANCIAL LLC | 491 | 593 | $248,508 | 7.9% |
| 4 | CITY BANK | 303 | 455 | $237,044 | 4.9% |
| 5 | United Wholesale Mortgage | 285 | 353 | $234,065 | 4.6% |
Understanding This Data
Application Volume
The 13,385 applications recorded here represent every mortgage application reported by lenders with originations in the Lubbock MSA. This includes home purchase, refinance, and home improvement loans.
Denial Rate Context
A denial rate of 14.1% means approximately 14.1% of all applications filed in this metro were denied. The average loan amount of $223,461 reflects the median property values and borrower profiles in this market.
Frequently Asked Questions
How many mortgage applications were filed in the Lubbock metro area?
What is the mortgage denial rate in the Lubbock metro?
What is the average mortgage loan amount in the Lubbock area?
Who are the largest mortgage lenders in the Lubbock area?
What is the source of this mortgage lending data?
Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. Metropolitan Statistical Areas defined by the U.S. Office of Management and Budget (OMB).
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice.
Read our methodology — how this data is sourced, computed, and verified.
