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2024 data HMDA 2024 disclosure official source

District of Columbia

16,791 mortgage applications, 17.5% denial rate. Verify FIPS 11001 with U.S. Census Bureau →

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District of Columbia · FIPS 11001

Local mortgage market. District of Columbia, District of Columbia saw 16,791 HMDA-reported mortgage applications in 2024. Lenders originated 8,348 of those loans and denied 2,939, producing a denial rate of 17.5% and an approval (origination) rate of 49.7%. The average loan amount was $642,266 at an average note rate of 7.01%, with applicants self-reporting average annual income of $37K. 379 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 17.4x, meaning typical borrowers took on mortgages of about 17.4 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 11001 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

16,791
Applications
8,348
Originated
17.5%
Denial Rate
49.7%
Approval Rate
$642,266
Avg Loan Amount
7.01%
Avg Interest Rate
$37K
Avg Applicant Income
17.4x
Loan-to-Income Ratio

Nearby Lenders in District of Columbia

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 First Savings Mortgage Corporation 433 5.2%
2 Rocket Mortgage 389 4.7%
3 JPMorgan Chase Bank, NA 373 4.5%
4 First Home Mortgage 325 3.9%
5 Navy Federal Credit Union 266 3.2%
Compare First Savings Mortgage Corporation vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in District of Columbia?
In the 2024 HMDA reporting year, 16,791 mortgage applications were filed in District of Columbia, District of Columbia. Of these, 8,348 were originated (approved and funded), while 2,939 were denied, resulting in a denial rate of 17.5%.
What is the mortgage denial rate in District of Columbia?
The mortgage denial rate in District of Columbia is 17.5%. The approval (origination) rate is 49.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in District of Columbia?
The average mortgage loan amount in District of Columbia is $642,266. The average interest rate is 7.009%. The average applicant income is $37K.
What is the loan-to-income ratio in District of Columbia?
The average loan-to-income ratio in District of Columbia is 17.4x, meaning borrowers took on loans averaging 17.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in District of Columbia?
The top mortgage lenders in District of Columbia by origination volume are First Savings Mortgage Corporation, Rocket Mortgage, JPMorgan Chase Bank, NA. In total, 379 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.