Charles County
Maryland · FIPS 24017
According to CFPB HMDA 2024 application volume among U.S. counties, Charles County ranks #291 of 3,223, and #9 of 24 in Maryland.
Mortgage lending activity in Charles County, Maryland based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Charles County, Maryland lenders denied 1,813 of the applications reported here, financing the rest at an average note rate of 7.05%, with applicants self-reporting average annual income of $41K. 281 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 8.5x, meaning typical borrowers took on mortgages of about 8.5 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Charles County
In Charles County, lead originator Navy Federal Credit Union funded only 9.0% of 4,793 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 21.9% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Charles County's 10,369 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Charles County's $348,157 average loan (deduped against volume peers).
Lenders active in Charles County
Navy Federal Credit Union funded 431 of the 4,793 loans originated in Charles County, 9.0% of the county. 281 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Navy Federal Credit Union | 431 | 9.0% |
| 2 | Lennar Mortgage, LLC | 327 | 6.8% |
| 3 | Rocket Mortgage | 293 | 6.1% |
| 4 | United Wholesale Mortgage | 260 | 5.4% |
| 5 | Freedom Mortgage Corporation | 166 | 3.5% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Charles County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Charles County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.