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2024 data HMDA 2024 disclosure official source

Prince George's County

38,981 mortgage applications, 21.5% denial rate. Verify FIPS 24033 with U.S. Census Bureau →

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Maryland · FIPS 24033

Local mortgage market. Prince George's County, Maryland saw 38,981 HMDA-reported mortgage applications in 2024. Lenders originated 16,812 of those loans and denied 8,393, producing a denial rate of 21.5% and an approval (origination) rate of 43.1%. The average loan amount was $333,199 at an average note rate of 7.19%, with applicants self-reporting average annual income of $40K. 429 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 8.3x, meaning typical borrowers took on mortgages of about 8.3 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 24033 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

38,981
Applications
16,812
Originated
21.5%
Denial Rate
43.1%
Approval Rate
$333,199
Avg Loan Amount
7.19%
Avg Interest Rate
$40K
Avg Applicant Income
8.3x
Loan-to-Income Ratio

Nearby Lenders in Prince George's 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 1,291 7.7%
2 Navy Federal Credit Union 1,223 7.3%
3 United Wholesale Mortgage 1,008 6.0%
4 Nvr Mortgage Finance, INC. 703 4.2%
5 First Heritage Mortgage, LLC 366 2.2%
Compare Rocket Mortgage vs Navy Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Prince George's County?
In the 2024 HMDA reporting year, 38,981 mortgage applications were filed in Prince George's County, Maryland. Of these, 16,812 were originated (approved and funded), while 8,393 were denied, resulting in a denial rate of 21.5%.
What is the mortgage denial rate in Prince George's County?
The mortgage denial rate in Prince George's County is 21.5%. The approval (origination) rate is 43.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Prince George's County?
The average mortgage loan amount in Prince George's County is $333,199. The average interest rate is 7.187%. The average applicant income is $40K.
What is the loan-to-income ratio in Prince George's County?
The average loan-to-income ratio in Prince George's County is 8.3x, meaning borrowers took on loans averaging 8.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Prince George's County?
The top mortgage lenders in Prince George's County by origination volume are Rocket Mortgage, Navy Federal Credit Union, United Wholesale Mortgage. In total, 429 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.