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2024 data HMDA 2024 disclosure official source

Queen Anne's County

2,735 mortgage applications, 15.1% denial rate. Verify FIPS 24035 with U.S. Census Bureau →

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Maryland · FIPS 24035

Local mortgage market. Queen Anne's County, Maryland saw 2,735 HMDA-reported mortgage applications in 2024. Lenders originated 1,475 of those loans and denied 414, producing a denial rate of 15.1% and an approval (origination) rate of 53.9%. The average loan amount was $329,771 at an average note rate of 7.27%, with applicants self-reporting average annual income of $38K. 201 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 8.7x, meaning typical borrowers took on mortgages of about 8.7 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 24035 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,735
Applications
1,475
Originated
15.1%
Denial Rate
53.9%
Approval Rate
$329,771
Avg Loan Amount
7.27%
Avg Interest Rate
$38K
Avg Applicant Income
8.7x
Loan-to-Income Ratio

Nearby Lenders in Queen Anne'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 90 6.1%
2 K. Hovnanian American Mortgage 81 5.5%
3 First Home Mortgage 75 5.1%
4 Nvr Mortgage Finance, INC. 67 4.5%
5 Shore United Bank, N.A. 67 4.5%
Compare Rocket Mortgage vs K. Hovnanian American Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Queen Anne's County?
In the 2024 HMDA reporting year, 2,735 mortgage applications were filed in Queen Anne's County, Maryland. Of these, 1,475 were originated (approved and funded), while 414 were denied, resulting in a denial rate of 15.1%.
What is the mortgage denial rate in Queen Anne's County?
The mortgage denial rate in Queen Anne's County is 15.1%. The approval (origination) rate is 53.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Queen Anne's County?
The average mortgage loan amount in Queen Anne's County is $329,771. The average interest rate is 7.268%. The average applicant income is $38K.
What is the loan-to-income ratio in Queen Anne's County?
The average loan-to-income ratio in Queen Anne's County is 8.7x, meaning borrowers took on loans averaging 8.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Queen Anne's County?
The top mortgage lenders in Queen Anne's County by origination volume are Rocket Mortgage, K. Hovnanian American Mortgage, First Home Mortgage. In total, 201 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.