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2024 data HMDA 2024 disclosure official source

Worcester County

4,041 mortgage applications, 15.2% denial rate. Verify FIPS 24047 with U.S. Census Bureau →

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Maryland · FIPS 24047

Local mortgage market. Worcester County, Maryland saw 4,041 HMDA-reported mortgage applications in 2024. Lenders originated 2,227 of those loans and denied 615, producing a denial rate of 15.2% and an approval (origination) rate of 55.1%. The average loan amount was $287,707 at an average note rate of 7.34%, with applicants self-reporting average annual income of $37K. 269 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.8x, meaning typical borrowers took on mortgages of about 7.8 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 24047 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

4,041
Applications
2,227
Originated
15.2%
Denial Rate
55.1%
Approval Rate
$287,707
Avg Loan Amount
7.34%
Avg Interest Rate
$37K
Avg Applicant Income
7.8x
Loan-to-Income Ratio

Nearby Lenders in Worcester 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 Movement Mortgage, LLC 144 6.5%
2 Cmg Mortgage INC 125 5.6%
3 Rocket Mortgage 103 4.6%
4 Direct Mortgage Loans, LLC 80 3.6%
5 Nvr Mortgage Finance, INC. 74 3.3%
Compare Movement Mortgage, LLC vs Cmg Mortgage INC →

Frequently Asked Questions

How many mortgage applications were filed in Worcester County?
In the 2024 HMDA reporting year, 4,041 mortgage applications were filed in Worcester County, Maryland. Of these, 2,227 were originated (approved and funded), while 615 were denied, resulting in a denial rate of 15.2%.
What is the mortgage denial rate in Worcester County?
The mortgage denial rate in Worcester County is 15.2%. The approval (origination) rate is 55.1%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Worcester County?
The average mortgage loan amount in Worcester County is $287,707. The average interest rate is 7.343%. The average applicant income is $37K.
What is the loan-to-income ratio in Worcester County?
The average loan-to-income ratio in Worcester County is 7.8x, meaning borrowers took on loans averaging 7.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Worcester County?
The top mortgage lenders in Worcester County by origination volume are Movement Mortgage, LLC, Cmg Mortgage INC, Rocket Mortgage. In total, 269 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.