Mortgage by CountyWhat home buyers actually paid, county by county

Independent analysis of official mortgage recordsHMDA 2025 · 7,155,718 applications

Arkansas

Hot Spring County, AR: mortgages, home buyers & loan limits

What buyers in Hot Spring County actually borrowed, earned and paid in 2025, from the official Home Mortgage Disclosure Act records — plus the 2026 conforming and FHA loan limits.

HMDA 2025 data released June 23, 2026 · Loan limits for calendar year 2026

In 2025, lenders reported 217 home-purchase mortgages for owner-occupied, single-family homes in Hot Spring County, AR. The median buyer borrowed $175,000 on a home valued at $195,000 and reported a household income of $74,000.

Buyers financed a median 96.5% of the home's value (roughly 3.5% down), paid a median 6.75% on 30-year fixed conventional loans and faced median conventional loan costs of $3,360.

Lenders denied 14.0% of completed home-purchase applications.

Conforming limit 2026
$832,750
1-unit home · FHFA
FHA limit 2026
$541,287
1-unit home · HUD
Buyer income
$74,000
U.S. $116,000
30-yr fixed rate
6.75%
U.S. 6.625%
Loan costs
$3,360
Conventional · U.S. $5,570
Denial rate
14.0%
Purchase · U.S. 8.5%

Key facts about Hot Spring County mortgages

  • Home buyers' median income ($74,000) is 20% lower than the Arkansas median ($93,000).
  • The median 30-year fixed conventional rate here was 13 basis points above the U.S. median (6.625%).
  • Median conventional loan costs ($3,360) were 40% lower than the U.S. median ($5,570).
  • FHA loans made up 27.6% of purchase mortgages, versus 21.1% nationally.
  • USDA rural loans financed 18.4% of purchases.
  • 19.1% of buyers put at least 20% down (financed 80% or less), compared with 38.5% nationally.
  • 23.0% of single-family purchase mortgages financed manufactured homes.
  • The most common age bracket among borrowers was 25–34 (36.4% of purchase loans).
  • 59.5% of purchase mortgages had a single borrower with no co-applicant.
  • The most-cited reason for denial was credit history (30.6% of denials with a stated reason).

National rank among 1,994 counties with at least 100 purchase loans: median income of home buyers 1802nd · median home-purchase loan 1735th · median conventional loan costs 1671st · purchase application denial rate 110th. See rankings.

2026 loan limits in Hot Spring County

PropertyConforming 2026vs 2025FHA 2026vs 2025
1 unit $832,750 +$26,250 $541,287 +$17,062
2 units $1,066,250 +$33,600 $693,050 +$21,850
3 units $1,288,800 +$40,650 $837,700 +$26,425
4 units $1,601,750 +$50,500 $1,041,125 +$32,825

2026 limits for Hot Spring County, AR: conforming (Fannie Mae / Freddie Mac) from FHFA; FHA forward-mortgage limits from HUD. FHA limit is at the national floor for low-cost areas. Loans above the conforming limit are "jumbo" loans.

All Arkansas counties: Arkansas 2026 loan limits. FHFA and HUD normally announce the next year's limits in late November.

Who bought homes in Hot Spring County

Home-purchase mortgages for owner-occupied, single-family (1–4 unit) site-built homes, first liens, originated in 2025.

Purchase loans
217
of 258 applications
Buyer income
$74,000
Middle half $51,000–$111,000
Home value
$195,000
Middle half $145,000–$295,000
Loan amount
$175,000
Middle half $125,000–$255,000
Down payment
3.5%
19.1% put 20%+ down
Single borrower
59.5%
No co-applicant

Values are medians; "middle half" is the 25th to 75th percentile.

Loan type

Conventional 43.3% 94
FHA 27.6% 60
VA 10.6% 23
USDA 18.4% 40

What the homes were for

Primary residence 95.6% 284
Second home 1.7% 5
Investment property 2.7% 8

All first-lien, closed-end purchase mortgages, including second homes and investors.

Borrower age

Under 25 12.9%
25–34 36.4%
35–44 21.7%
45–54 10.6%
55–64 12.4%
65–74 4.1%
75 and over 1.8%

Debt-to-income ratio

Under 20% 5.3%
20–29% 16.3%
30–35% 17.2%
36–42% 28.2%
43–49% 20.6%
50–60% 12.4%
Over 60% 0.0%

Monthly debts (including the new payment) as a share of income, as used in underwriting.

What borrowing cost in Hot Spring County

Medians for 2025 home-purchase loans. Total loan costs are section D of the Loan Estimate/Closing Disclosure (lender and third-party loan charges, excluding taxes, prepaids and escrow). FHA and VA costs include the upfront mortgage insurance premium or VA funding fee, so compare like with like.

MeasureHot Spring CountyArkansasU.S.
30-year fixed rate · conventional6.750%6.625%6.625%
30-year fixed rate · FHA6.375%6.250%6.250%
30-year fixed rate · VA—6.250%6.125%
15-year fixed rate · conventional—5.875%5.875%
Rate spread vs. APOR · conventional+0.51 pts+0.17 pts+0.13 pts
Total loan costs · conventional$3,360$3,850$5,570
Total loan costs · FHA$7,500$8,060$11,310
Total loan costs · VA—$4,330$6,490
Origination charges (all loan types)$1,590$1,800$1,860
Borrowers paying discount points54.9%51.2%51.3%
Points paid, when paid (% of loan)0.92%0.72%0.87%
Borrowers receiving lender credits34.0%30.2%33.1%
Adjustable-rate mortgages7.8%4.8%7.4%
Jumbo loans (above conforming limit)0.0%1.3%3.8%

Medians are shown only when at least 30 loans report the field. Rates are those reported at closing; market rates changed during 2025, which the rate spread (APR minus the average prime offer rate on the lock date) adjusts for.

Approvals and denials

Hot Spring County: 36 of 258 completed home-purchase applications were denied (14.0%).

Denial rate

ApplicationHot Spring CountyArkansasU.S.
Home purchase14.0%8.5%8.5%
Conventional16.7%7.9%7.1%
FHA11.4%9.7%12.5%
VA—8.3%8.0%
USDA12.5%8.6%12.5%
Refinance19.2%16.7%17.9%
Cash-out refinance35.8%36.8%33.6%

Main reason for purchase denials

Credit history 30.6%
Debt-to-income ratio 19.4%
Collateral (appraisal/property) 13.9%
Credit application incomplete 13.9%
Unverifiable information 8.3%
Employment history 5.6%
Insufficient cash (down payment/closing costs) 5.6%
Other 2.8%

First reason the lender reported.

Denial rate = denied ÷ (originated + approved but not accepted + denied). Withdrawn and incomplete applications are excluded. Differences between places reflect who applies, not only lender behavior.

Refinancing in Hot Spring County

Refinances
57
Median loan $205,000
Refi rate
—
30-yr fixed, conv.
Refi loan costs
$3,900
Conventional
Cash-out refis
60
Median loan $165,000
Cash-out rate
—
30-yr fixed, conv.
Cash-out income
$75,000
Median borrower

Top mortgage lenders in Hot Spring County

74 lenders originated at least one home-purchase or refinance loan here in 2025. The table ranks them by loan count; pricing columns compare conventional purchase loans only.

#LenderLoansShareDenial rate30-yr rate*Spread*Costs*
1 Rocket Mortgage, LLC 27 8.1% — — — —
2 Southern Bancorp Bank 25 7.5% 5.0% — — —
3 GMFS LLC 21 6.3% 0.0% — — —
4 Diamond Lakes Federal Credit Union 19 5.7% — — — —
5 Fairway Independent Mortgage Corporation 19 5.7% 5.0% — — —
6 Firsttrust Home Loans, Inc. 17 5.1% — — — —
7 Flanagan State Bank 13 3.9% — — — —
8 SWBC Mortgage Corporation 13 3.9% — — — —
9 Veterans United Home Loans 12 3.6% — — — —
10 Eustis Mortgage Corporation 8 2.4% — — — —
11 Community Mortgage Corporation 8 2.4% — — — —
12 Pennymac Loan Services, LLC 8 2.4% — — — —
13 Arkansas Federal Credit Union 7 2.1% — — — —
14 Freedom Mortgage Corporation 7 2.1% — — — —
15 Ark-La-Tex Financial Services, LLC. 6 1.8% — — — —
16 United Wholesale Mortgage (UWM) 6 1.8% — — — —
17 The Malvern National Bank 6 1.8% — — — —
18 Farmers Bank & Trust Company 5 1.5% — — — —
19 First Community Mortgage, Inc. 5 1.5% — — — —
20 Bank OZK 5 1.5% — — — —
21 Better Mortgage Corporation 5 1.5% — — — —
22 Arvest Bank 5 1.5% — — — —
23 First Security Bank 4 1.2% — — — —
24 Diamond Bank 4 1.2% — — — —
25 Newrez LLC 4 1.2% — — — —

Lenders in Hot Spring County, AR. Loans = home-purchase, refinance and cash-out originations (2025); share = share of those loans here; denial rate = home-purchase applications. *Medians for conventional home-purchase loans, shown with at least 20 loans; spread = APR minus the average prime offer rate at rate lock (percentage points); costs = total loan costs (section D).

Check a quote for Hot Spring County

Typical effective property-tax rate 0.48% = median real estate taxes ÷ median home value, U.S. Census Bureau ACS 2020–2024 5-year estimates.

Nearby counties

CountyDistancePurchase loansMedian loanBuyer incomeConforming limitFHA limit
Garland County, AR22 mi841$225,000$87,000$832,750$541,287
Clark County, AR22 mi133$175,000$73,000$832,750$541,287
Saline County, AR28 mi1,751$235,000$93,000$832,750$541,287
Dallas County, AR29 mi29——$832,750$541,287
Grant County, AR30 mi170$205,000$87,000$832,750$541,287
Pike County, AR42 mi29——$832,750$541,287

Frequently asked questions

What is the 2026 conforming loan limit in Hot Spring County?

$832,750 for a one-unit home (FHFA). Two- to four-unit limits are $1,066,250, $1,288,800, $1,601,750. Loans above the limit are jumbo loans and are not eligible for purchase by Fannie Mae or Freddie Mac.

What is the 2026 FHA loan limit in Hot Spring County?

$541,287 for a one-unit home (HUD). This is the national floor for low-cost areas.

How much do home buyers in Hot Spring County earn?

The median household income reported on 2025 home-purchase mortgages was $74,000; the middle half of buyers reported $51,000 to $111,000.

What mortgage rate did buyers in Hot Spring County get in 2025?

The median rate on 30-year fixed conventional purchase loans was 6.75%; FHA borrowers paid a median 6.375%. These are rates locked during 2025; check today's rates with several lenders.

How often are mortgage applications denied in Hot Spring County?

14.0% of completed home-purchase applications were denied in 2025; the most common stated reason was credit history.

Sources: FFIEC/CFPB HMDA 2025 public loan/application register (Snapshot as of June 1, 2026); FHFA 2026 conforming loan limits; HUD 2026 FHA forward-mortgage limits; U.S. Census Bureau. Figures describe typical 2025 loans, not your offer. Methodology